Director of Accounting & Financial Reporting Salary

Directors of Accounting & Financial Reporting enjoy a hefty income, with average pay passing six figures ($101K) annually in the United States. Total incomes of Directors of Accounting & Financial Reporting incorporate potential for, in a few cases, more than $26K from bonuses and close to $15K from profit sharing; these performance components cause packages to range between $64K and $160K. Geographic location and tenure each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Work is enjoyable for Directors of Accounting & Financial Reporting, who typically claim high levels of job satisfaction. Women Directors of Accounting & Financial Reporting who took the survey just slightly outnumber men. The data in this summary comes from the PayScale salary survey.
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$63,464 - $144,815
(Median)
$63K
$100K
$140K
MEDIAN: $100,555
10%
50%
90%

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$11.81 - $65.44
(Median)
$12
$32
$65
MEDIAN: $32.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Salary
$63,464 - $144,815  
   
Bonus
$-0.45 - $26,273  
Profit Sharing
$974 - $14,848  
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).
)
$63,751 - $160,391  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 463
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30$60$90
Hourly Rate
$11.81 - $65.44  
   
Overtime
$0.00 - $18.20  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Bonus
$-0.45 - $26,273  
   
Profit Sharing
$974 - $14,848  
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).
)
$63,751 - $160,391  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 12
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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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Although some Directors of Accounting & Financial Reporting become Chief Financial Officer, this progression is not the norm. However, the latter position does pay a little more at $122K.

Director of Accounting & Financial Reporting Job Listings

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Popular Skills for Director of Accounting & Financial Reporting


Survey results show that Directors of Accounting & Financial Reporting use a fair number of skills. Fortunate workers who know Securities and Exchange Commision Experience command much higher paychecks, scoring salaries 35 percent above average. Skills that are correlated to lower pay, on the other hand, include General Ledger Accounting. Those proficient in Accounting are, more often than not, also skilled 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.


Individuals with less than five years' experience take home around $68K. In contrast, though, people who have been on the job for five to 10 years report a six-figure median of $101K. People with 10 to 20 years of experience make an average of about $110K in this role. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $106K.

Pay Difference by Location


For Directors of Accounting & Financial Reporting, busy San Francisco offers a higher-than-average pay rate, 51 percent above the national average. Directors of Accounting & Financial Reporting will also find cushy salaries in Philadelphia (+43 percent), Irvine (+39 percent), Atlanta (+37 percent), and Houston (+34 percent). Place of residence plays a huge part in a Director of Accounting & Financial Reporting's salary, with St. Louis Directors of Accounting & Financial Reporting earning salaries that are 24 percent less than the national average.

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Experience Affects Director of Accounting & Financial Reporting Salaries



National Average
$105,000



Skills That Affect Director of Accounting & Financial Reporting Salaries

Securities and Exchange Commision (SEC) Experience
up arrow 35%

Financial Analysis
0%

National Average
$105,000

Financial Reporting
up arrow 1%

Accounting
up arrow 1%

General Ledger Accounting
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 74 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

1-4 years
7%
5-9 years
12%
10-19 years
47%
20 years or more
34%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 78%
vision benefits Vision: 63% employee benefits None: 11%
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