The finance and accounting sector continues to evolve, and one of the most respected credentials in this field is the Fellow of the Association of Chartered Accountants (FACA). For professionals and students considering this career path, understanding the FACAs average salary in 2026 is essential. This guide explores salary ranges, factors influencing earnings, experience-based pay, job market trends, benefits, and educational requirements to help you make an informed career decision.
What is FACA?
FACA stands for Fellow of the Association of Chartered Accountants, a senior professional designation for chartered accountants who have significant experience in finance, auditing, and accounting. FACAs typically:
- Oversee accounting operations
- Lead audits and financial reporting
- Provide strategic financial advice
- Mentor junior accountants
- Work in public accounting, corporate finance, or consulting
The FACA designation is widely recognized globally and often correlates with higher earning potential.
FACAs Average Salary in 2026
The salary for FACAs in 2026 reflects their advanced expertise and leadership responsibilities.
Average Salary Range by Region
| Region | Average Annual Salary |
|---|---|
| United States | $95,000 – $180,000 |
| United Kingdom | £70,000 – £140,000 |
| Canada | CAD 90,000 – CAD 160,000 |
| Australia | AUD 95,000 – AUD 170,000 |
| Asia (Developed Markets) | $50,000 – $120,000 |
Salaries vary depending on the employer, industry, and geographic location.
Salary by Experience
Experience plays a crucial role in determining the earnings of FACAs.
Entry-Level (0–3 Years)
- Salary Range: $60,000 – $90,000
- Roles include junior accountants or associate auditors
- Often part of structured training programs
Mid-Level (4–7 Years)
- Salary Range: $95,000 – $130,000
- Positions include senior accountants, audit managers, or finance analysts
- Responsibilities increase with managerial oversight
Senior-Level (8–15 Years)
- Salary Range: $130,000 – $170,000
- Roles include finance directors, CFOs, and senior auditors
- Leadership and strategic decision-making responsibilities
Top Executives (15+ Years)
- Salary Range: $170,000 – $220,000+
- Includes CFOs, partners in accounting firms, and high-level consultants
- Strong industry reputation and significant decision-making authority
Factors Influencing FACAs Salary
Several factors affect how much a FACA earns:
1. Education Level
- Bachelor’s degree in accounting, finance, or business
- Chartered accountant designation prior to FACA
- Additional certifications (CPA, CFA) can boost earning potential
2. Industry
- Public accounting firms typically pay less than corporate finance leadership roles
- Consulting firms or multinational corporations offer higher salaries
- Financial advisory roles can include bonuses and profit-sharing
3. Geographic Location
- Developed markets generally offer higher pay
- Cost of living can influence salary structures
4. Skills & Specializations
- Expertise in audit, taxation, or financial management
- Knowledge of financial software (SAP, Oracle, QuickBooks)
- Risk management and compliance experience
5. Organizational Role
- Senior management roles significantly increase salary
- Advisory and executive positions often receive additional bonuses
Job Market Trends for FACAs in 2026
The finance and accounting sector remains robust, with a strong demand for skilled professionals:
- Increasing need for financial strategists and auditors
- Growth in multinational corporations requires global accounting expertise
- Automation and AI in finance are reshaping roles but increasing demand for decision-making professionals
- Advisory and consulting services continue to offer high-paying opportunities
Benefits Beyond Salary
FACAs enjoy numerous non-monetary benefits that make this career highly attractive:
- Leadership and strategic decision-making opportunities
- Global recognition and mobility
- Flexible working conditions in senior roles
- Continuous professional growth and networking
- Mentoring and training junior accountants
Education and Certifications That Impact Salary
Required Education
- Bachelor’s degree in accounting, finance, or business
- Completion of chartered accountant designation (CA or equivalent)
Additional Certifications
- CPA (Certified Public Accountant): Enhances credibility and salary
- CFA (Chartered Financial Analyst): Useful for investment and corporate finance
- Management Accounting Certificates: Supports leadership roles
Combining FACA with other certifications can significantly increase earning potential and career growth.
Comparison With Related Careers
| Career | Average Salary (2026) |
|---|---|
| FACA | $95,000 – $180,000 |
| CPA (Certified Public Accountant) | $80,000 – $150,000 |
| CFA (Chartered Financial Analyst) | $90,000 – $170,000 |
| Finance Manager | $85,000 – $160,000 |
| Auditor | $70,000 – $130,000 |
FACAs generally earn higher than standard accounting roles due to leadership experience, industry recognition, and global credibility.
Job Outlook for FACAs
The demand for senior finance professionals remains strong in 2026. Opportunities are especially favorable for:
- Experienced accountants ready to step into strategic roles
- Professionals with advanced technical skills in finance
- Those willing to work in multinational corporations or advisory services
While the finance sector is evolving with automation, decision-making and leadership skills remain highly valuable.
Is Becoming a FACA Worth It in 2026?
For ambitious finance professionals, the FACA designation offers:
- Higher earning potential compared to standard accountants
- Opportunities in leadership, consulting, and multinational companies
- Professional recognition and global mobility
Though it requires years of education, experience, and dedication, the long-term financial and professional rewards make it a worthwhile investment.
Final Thoughts
The FACAs average salary in 2026 highlights a strong, rewarding career path in finance and accounting. Earnings vary by experience, industry, location, and certifications, but FACAs remain among the highest-paid professionals in the field. With strategic career planning, advanced education, and specialized skills, this role offers stability, growth, and prestige in the global finance landscape.