Hiring for Accounting & Finance in Mainland China.
The Accounting & Finance job market in Mainland China for 2023 has predominantly revolved around replacement roles, making candidate mobility a major driving factor. Job hopping is not the preferred option amidst economic uncertainty; layoffs and headcount freezes contributed to a subdued finance recruitment landscape.
For those who have looked to move, competition during interviews has intensified, and decision-making processes have extended as companies want to ensure they are making the right hire.
There has been a notable switch in the diversity of employment methods, with candidates exhibiting greater openness to temporary roles. As a result of cost control measures and staff reductions, employees have reported a substantial increase in their workloads.
The top 3 things Accounting & Finance talent look for when moving jobs:
- 1
Higher salary
- 2
Meaningful and impactful work
- 3
Job security
In demand roles
- Finance BP
- Internal Audit/Internal Control/Compliance
- Operation Finance
- Accounting
- Financing
Valuable skill sets
- Analysis
- Communication & Stakeholder Management
- Project Management
- Presentation
- Stress Management
Up, down or flat? The state of salaries.
Throughout 2023, a modest decline in salaries has become apparent in contrast to the preceding year, notably affecting those moving jobs externally.
The current situation for salaries is certainly stagnation or even reductions. This trend is largely influenced by fierce market competition and heightened employment pressure, forcing candidates to adjust their salary expectations.
Accounting & Finance salaries in Mainland China
| Job Title | Sector | Sub Sector | Location | |||
|---|---|---|---|---|---|---|
| Job Title | Sector | Sub Sector | Location | Low | Average | High |
Finance Supervisor |
Overall Finance | Shanghai | ¥200,000 | ¥275,000 | ¥350,000 | |
Finance Manager |
Overall Finance | Shanghai | ¥350,000 | ¥450,000 | ¥550,000 | |
Senior Finance Manager |
Overall Finance | Shanghai | ¥550,000 | ¥600,000 | ¥650,000 | |
Financial Controller |
Overall Finance | Shanghai | ¥650,000 | ¥725,000 | ¥800,000 | |
Financial Director |
Overall Finance | Shanghai | ¥800,000 | ¥900,000 | ¥1,100,000 | |
VP / CFO |
Overall Finance | Shanghai | ¥1,100,000 | ¥1,800,000 | ¥3,500,000 | |
Junior Staff - Accounting / SSC |
Accounting / SSC | Shanghai | ¥120,000 | ¥150,000 | ¥180,000 | |
Supervisor - Accounting / SSC |
Accounting / SSC | Shanghai | ¥180,000 | ¥200,000 | ¥250,000 | |
Manager - Accounting / SSC |
Accounting / SSC | Shanghai | ¥250,000 | ¥350,000 | ¥450,000 | |
Senior Manager - Accounting / SSC |
Accounting / SSC | Shanghai | ¥450,000 | ¥550,000 | ¥700,000 | |
Director / SSC Head |
Accounting / SSC | Shanghai | ¥700,000 | ¥1,000,000 | ¥1,500,000 | |
Analyst - FP&A |
Financial Planning Analysis | Shanghai | ¥150,000 | ¥200,000 | ¥250,000 | |
Senior Analyst / Supervisor - FP&A |
Financial Planning Analysis | Shanghai | ¥250,000 | ¥350,000 | ¥450,000 | |
Manager - FP&A |
Financial Planning Analysis | Shanghai | ¥450,000 | ¥500,000 | ¥650,000 | |
Senior Manager - FP&A |
Financial Planning Analysis | Shanghai | ¥650,000 | ¥750,000 | ¥900,000 | |
Director - FP&A |
Financial Planning Analysis | Shanghai | ¥900,000 | ¥1,200,000 | ¥2,000,000 | |
Junior Staff - Internal Audit / Control / Compliance |
Internal Audit / Internal Control / Compliance | Shanghai | ¥150,000 | ¥200,000 | ¥250,000 | |
Supervisor - Internal Audit / Control / Compliance |
Internal Audit / Internal Control / Compliance | Shanghai | ¥250,000 | ¥350,000 | ¥450,000 | |
Manager - Internal Audit / Control / Compliance |
Internal Audit / Internal Control / Compliance | Shanghai | ¥450,000 | ¥500,000 | ¥650,000 | |
Senior Manager - Internal Audit / Control / Compliance |
Internal Audit / Internal Control / Compliance | Shanghai | ¥650,000 | ¥750,000 | ¥900,000 | |
Director - Internal Audit / Control / Compliance |
Internal Audit / Internal Control / Compliance | Shanghai | ¥900,000 | ¥1,200,000 | ¥2,000,000 | |
Junior Staff - Tax |
Tax | Shanghai | ¥120,000 | ¥150,000 | ¥180,000 | |
Supervisor - Tax |
Tax | Shanghai | ¥180,000 | ¥200,000 | ¥250,000 | |
Manager - Tax |
Tax | Shanghai | ¥250,000 | ¥350,000 | ¥450,000 | |
Senior Manager - Tax |
Tax | Shanghai | ¥450,000 | ¥550,000 | ¥700,000 | |
Director - Tax |
Tax | Shanghai | ¥700,000 | ¥1,200,000 | ¥1,600,000 | |
Supervisor - Treasury |
Treasury | Shanghai | ¥200,000 | ¥250,000 | ¥300,000 | |
Manager- Treasury |
Treasury | Shanghai | ¥300,000 | ¥450,000 | ¥550,000 | |
Senior Manager - Treasury |
Treasury | Shanghai | ¥550,000 | ¥600,000 | ¥700,000 | |
Director - Treasury |
Treasury | Shanghai | ¥700,000 | ¥900,000 | ¥1,200,000 | |
Supervisor - Credit |
Credit | Shanghai | ¥200,000 | ¥300,000 | ¥350,000 | |
Manager - Credit |
Credit | Shanghai | ¥350,000 | ¥500,000 | ¥550,000 | |
Senior Manager - Credit |
Credit | Shanghai | ¥550,000 | ¥600,000 | ¥700,000 | |
Director - Credit |
Credit | Shanghai | ¥700,000 | ¥900,000 | ¥1,200,000 | |
Junior Staff - Costing |
Costing | Shanghai | ¥120,000 | ¥150,000 | ¥180,000 | |
Analyst / Supervisor - Costing |
Costing | Shanghai | ¥180,000 | ¥200,000 | ¥250,000 | |
Manager - Costing |
Costing | Shanghai | ¥250,000 | ¥350,000 | ¥450,000 | |
Senior Manager - Costing |
Costing | Shanghai | ¥450,000 | ¥550,000 | ¥700,000 | |
Director - Costing |
Costing | Shanghai | ¥700,000 | ¥1,200,000 | ¥1,600,000 |
Download Your 2024 Accounting & Finance Salary Guide for Mainland China.
Permanent, temporary and contract salary data for a range of Accounting & Finance roles, as well as insights and advice to guide your talent strategies.
