Director of Accounting & Financial Reporting Salary

Directors of Accounting & Financial Reporting in the United States take home approximately $113K per year on average. Total cash earnings of Directors of Accounting & Financial Reporting range from $73K on the low end to $174K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $30K and $13K, respectively. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Women account for the majority of Directors of Accounting & Financial Reporting who responded to the questionnaire — 64 percent to be exact. Medical benefits are awarded to almost all, and a fair number earn dental coverage. The majority of Directors of Accounting & Financial Reporting claim high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.
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$74,076 - $152,223
$74K
$110K
$150K
MEDIAN: $113,189
10%
50%
90%

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$0$173K
Salary $74,076 - $152,223
Bonus $4,115 - $30,243
Profit Sharing $0.00 - $12,670
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).
)
$73,076 - $173,903
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 290

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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. Becoming a Chief Financial Officer is, more often than not, the most common role that Directors of Accounting & Financial Reporting move into when they're ready for the next step in their career. The average salary for the position is $123K. Another frequent advance is for Directors of Accounting & Financial Reporting to assume a Corporate Controller role; in this role, workers often earn $94K.

Director of Accounting & Financial Reporting Job Listings

Popular Skills for Director of Accounting & Financial Reporting


Directors of Accounting & Financial Reporting only report a few specific skills. Fortunate workers who know Securities and Exchange Commision Experience command much higher paychecks, scoring salaries 26 percent above average. At the other end of the pay range are skills like General Ledger Accounting. The majority of those 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: $122,018

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

Philadelphia is home to an above-average pay rate for Directors of Accounting & Financial Reporting, 37 percent higher than the national average. Directors of Accounting & Financial Reporting will also find cushy salaries in San Francisco (+31 percent), Boston (+25 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. Employers pay around 14 percent less in Pittsburgh and 5 percent less in Atlanta, below-median salaries for those in this field.

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Key Stats for Director of Accounting & Financial Reporting

Gender

Female
64 %
Male
36 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 52 votes.
1-4 years
3%
5-9 years
12%
10-19 years
50%
20 years or more
34%
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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 52 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

1-4 years
3%
5-9 years
12%
10-19 years
50%
20 years or more
34%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 80%
vision benefits
Vision: 65%
no benefits
None: 8%
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