Director of Accounting & Financial Reporting Salary

Six-figure salaries are the norm for Directors of Accounting & Financial Reporting in the United States, with median pay hovering around $112K per year. Total cash earnings of Directors of Accounting & Financial Reporting range from $71K on the low end to $175K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $30K and $15K, respectively. Location is the biggest factor affecting pay for this group, followed by career length. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Women account for the majority of Directors of Accounting & Financial Reporting who responded to the questionnaire — 64 percent to be exact. Work is enjoyable for Directors of Accounting & Financial Reporting, who typically claim high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.
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$72,433 - $151,825
$72K
$110K
$150K
MEDIAN: $112,100
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
$72,433 - $151,825  
   
Bonus
$4,000 - $30,439  
Profit Sharing
$0.00 - $15,205  
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).
)
$71,369 - $175,124  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 326

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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. A Director of Accounting & Financial Reporting often moves on to become a Chief Financial Officer or a Corporate Controller.

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 can expect a significant pay bump, scoring salaries 26 percent above average. Skills that are correlated to lower pay, on the other hand, include General Ledger Accounting. Most people experienced in Accounting also know 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.


The average beginner in this position makes around $65K, but folks who have been around for five to 10 years see a markedly higher median salary of $116K. Directors of Accounting & Financial Reporting who work for 10 to 20 years in their occupation tend to earn about $126K. Individuals who have achieved more than 20 years of experience don't seem to earn any more than people who have 10 to 20 years under their belts.

Pay Difference by Location

National Average: $121,823

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 (+22 percent), and Seattle (+16 percent). Location significantly influences compensation, with St. Louis Directors of Accounting & Financial Reporting earning much less — 34 percent less — than the national average. Two other places where employers offer below-median salaries are Pittsburgh (14 percent less) and Atlanta (5 percent less).

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 50 votes.
1-4 years
4%
5-9 years
14%
10-19 years
47%
20 years or more
35%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Director of Accounting & Financial Reporting Salaries

▲4%

▲3%

National Average
$122,000

▼5%

▼46%

Skills That Affect Director of Accounting & Financial Reporting Salaries

Securities and Exchange Commision (SEC) Experience
▲26%

National Average
$122,000


▼2%


General Ledger Accounting
▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 50 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

1-4 years
4%
5-9 years
14%
10-19 years
47%
20 years or more
35%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 81%
vision benefits
Vision: 67%
dental benefits
None: 7%
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