Director of Accounting & Financial Reporting Salary

Generous salaries abound for Directors of Accounting & Financial Reporting in the United States, with average pay above six figures ($113K) per year. Including potential for bonuses and profit sharing — peaking near $30K and $15K, respectively — total cash payment to Directors of Accounting & Financial Reporting can bottom out near $71K or peak near $176K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by career length. The majority of Directors of Accounting & Financial Reporting claim high levels of job satisfaction. Medical benefits are awarded to nearly all, and a strong majority earn dental coverage. The majority of Directors of Accounting & Financial Reporting (64 percent) who took the survey are female. Respondents to the PayScale salary survey provided the data for this report.
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$73,006 - $152,336
$73K
$110K
$150K
MEDIAN: $112,502
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$73,006 - $152,336  
   
Bonus
$4,036 - $30,290  
Profit Sharing
$0.00 - $15,319  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$71,173 - $175,765  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 301

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United States (change)

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Job Description for Director of Accounting & Financial Reporting

Directors of accounting and financial reporting are in charge of managing a team of financial professionals to complete all accounting and finance-related tasks for their company. They oversee the correct reporting of accounts receivable and deposits, as well as work closely with accountants to establish operating costs and other expenditures. Directors of accounting and financial reporting serve as strategic partner for other teams in their organization and ensure all tax-related requirements are completed on time. These directors also interact with external financial agents,and tax officials, and they provide their expertise to deal ledger reconciliations and create accurate records of investment or endowment portfolios.

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Director of Accounting & Financial Reporting Tasks

  • Maintain financial records and accounts, including leading complex analyses.
  • Manage audits and reconciliation procedures.
  • Collaborate to create accurate and efficient reporting and data collection schedules.
  • Create and oversee regular and ad hoc accounts reporting.

Common Career Paths for Director of Accounting & Financial Reporting


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Directors of Accounting & Financial Reporting who transition into new roles such as VP of Finance may see a slight upturn in salary. The average VP of Finance earns $139K per year. With an annual salary of $123K, Chief Financial Officer is the most common role for Directors of Accounting & Financial Reporting to subsequently assume on their way up the ladder. Transitioning into a Corporate Controller role — which usually pays $94K — is also typical for Directors of Accounting & Financial Reporting, though less common by comparison.

Director of Accounting & Financial Reporting Job Listings

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Popular Skills for Director of Accounting & Financial Reporting


Survey results imply that Directors of Accounting & Financial Reporting put a diverse skill set to use. Fortunate workers who know Securities and Exchange Commision Experience can expect a significant pay bump, scoring salaries 26 percent above average. At the other end of the pay range are skills like General Ledger Accounting. Most people who know Accounting also know Financial Analysis.

Pay by Experience Level for Director of Accounting & Financial Reporting

Pay by Experience for a Director of Accounting & Financial Reporting has a positive trend. An entry-level Director of Accounting & Financial Reporting with less than 5 years of experience can expect to earn an average total compensation of $64,000 based on 19 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Director of Accounting & Financial Reporting with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $117,000 based on 76 salaries. An experienced Director of Accounting & Financial Reporting which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $126,000 based on 197 salaries. A Director of Accounting & Financial Reporting with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $127,000 based on 101 salaries.

Pay Difference by Location

National Average: $121,758

Larger city markers indicate a job is popular in that location.

For Directors of Accounting & Financial Reporting, working in the bustling city of Philadelphia has its advantages, including an above-average pay rate. Directors of Accounting & Financial Reporting can also look forward to large paychecks in cities like San Francisco (+31 percent), Boston (+26 percent), New York (+24 percent), and Seattle (+16 percent). The lowest-paying market is St. Louis, which sits 34 percent below the national average, proving that location is a significant contributor to overall pay. Pittsburgh and Atlanta are a couple other places where companies are known to pay below the median — salaries are 14 percent lower and 5 percent lower, respectively.

Related Job Salaries

Key Stats for Director of Accounting & Financial Reporting

Gender

Female
64 %
Male
36 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.
1-4 years
5%
5-9 years
13%
10-19 years
49%
20 years or more
33%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Director of Accounting & Financial Reporting Salaries

▲4%

▲3%

National Average
$122,000

▼4%

▼47%

Skills That Affect Director of Accounting & Financial Reporting Salaries

Securities and Exchange Commision (SEC) Experience
▲26%

National Average
$122,000


▼2%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

1-4 years
5%
5-9 years
13%
10-19 years
49%
20 years or more
33%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 80%
vision benefits
Vision: 67%
no benefits
None: 7%