Director of Accounting & Financial Reporting Salary

Average pay for a Director of Accounting & Financial Reporting in the United States is considerable, rounding six figures at $103K per year. Total cash compensation to Directors of Accounting & Financial Reporting bottoms out near $64K and approaches $169K on the high end; the biggest paychecks include approximately $30K from bonuses and almost $20K from profit sharing. Location and tenure each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. Women make up a slight majority of Directors of Accounting & Financial Reporting (59 percent) survey respondents. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$64,450 - $149,188
(Median)
$64K
$100K
$150K
MEDIAN: $102,659
10%
50%
90%

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$11.86 - $65.00
(Median)
$12
$31
$65
MEDIAN: $31.00
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
$64,450 - $149,188  
   
Bonus
$795 - $30,381  
Profit Sharing
$997 - $20,000  
Commission
$5,500  
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).
)
$64,369 - $168,553  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 557
National Hourly Rate 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$30$60$90
Hourly Rate
$11.86 - $65.00  
   
Overtime
$18.00  
National Annualized 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
Bonus
$795 - $30,381  
   
Commission
$5,500  
Profit Sharing
$997 - $20,000  
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).
)
$64,369 - $168,553  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 14
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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

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

Common Career Paths for Director of Accounting & Financial Reporting


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At the upper end, Directors of Accounting & Financial Reporting who move into a VP of Finance role can end up with a hefty increase in pay. The average income for VPs of Finance is a much higher $137K 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 $93K — 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 takers who work as Directors of Accounting & Financial Reporting report a focused set of job skills. Fortunate workers who know Securities and Exchange Commision Experience command much higher paychecks, scoring salaries 33 percent above average. Skills that are correlated to lower pay, on the other hand, include General Ledger Accounting. Those educated in Accounting tend to be well versed in Financial Analysis.

Pay by Experience Level for Director of Accounting & Financial Reporting

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Although employees with less than five years' experience earn around $68K on average, the five-to-10 year group has a much higher, six-figure median of $104K. Directors of Accounting & Financial Reporting who work for 10 to 20 years in their occupation tend to earn about $117K. Survey participants with more than twenty years of experience only make around $110K on average, though; this group reports a lower median than the one claimed by mid-career individuals.

Pay Difference by Location

National Average: $109,288

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

With a pay rate for Directors of Accounting & Financial Reporting that is 51 percent greater than the national average, Miami offers a comfortable salary for those in this profession. Directors of Accounting & Financial Reporting will also find cushy salaries in Philadelphia (+47 percent), San Francisco (+46 percent), New York (+36 percent), and Atlanta (+29 percent). Compared to the national average, Austin Directors of Accounting & Financial Reporting have considerably lower salaries, 28 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Below-median salaries also turn up in St. Louis and Pittsburgh (27 percent lower and 4 percent lower, respectively).

Related Job Salaries

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Experience Affects Director of Accounting & Financial Reporting Salaries



National Average
$109,000



Skills That Affect Director of Accounting & Financial Reporting Salaries

Securities and Exchange Commision (SEC) Experience
up arrow 33%

Financial Analysis
up arrow 2%

National Average
$109,000

Financial Reporting
up arrow 1%

Accounting
up arrow 1%

General Ledger Accounting
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 88 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

1-4 years
6%
5-9 years
12%
10-19 years
49%
20 years or more
33%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 79%
medical benefits
Vision: 64%
dental benefits
None: 10%
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