Directors of Accounting & Financial Reporting in the United States can expect to earn a very generous salary, with average salaries (in the ballpark of $112K) surpassing six figures annually. Final cash compensation to Directors of Accounting & Financial Reporting varies from around $71K to approximately $174K; choice pay grades include potential for bonuses and profit sharing as high as $30K and $20K, respectively. Geography and tenure each impact pay for this group, with the former having the largest influence. The majority of Directors of Accounting & Financial Reporting (62 percent) who took the survey are women. The majority of workers are highly satisfied with their job. Medical benefits are awarded to almost all, and a large number earn dental coverage. This overview is based on answers to PayScale's salary questionnaire.
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$71,130 - $152,178
(Median)
$71K
$110K
$150K
MEDIAN: $111,879
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
$71,130 - $152,178  
   
Bonus
$3,936 - $30,354  
Profit Sharing
$0.00 - $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).
)
$71,157 - $174,307  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 332
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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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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 $138K per year. Becoming a Chief Financial Officer or a Corporate Controller is a common transition from a Director of Accounting & Financial Reporting role.

Director of Accounting & Financial Reporting Job Listings

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Popular Skills for Director of Accounting & Financial Reporting


Survey results suggest that Directors of Accounting & Financial Reporting put a wide range of professional skills to use. Fortunate workers who know Securities and Exchange Commision Experience command much higher paychecks, scoring salaries 27 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.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Salaries of relatively inexperienced workers fall in the neighborhood of $68K, but folks who have racked up five to 10 years see a notably higher median of $114K. Directors of Accounting & Financial Reporting see a median salary of $126K after reaching one to two decades on the job. Directors of Accounting & Financial Reporting who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $128K.

Pay Difference by Location

National Average: $121,615

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

For those looking to make money, Directors of Accounting & Financial Reporting in Philadelphia enjoy an exceptional pay rate, 40 percent above the national average. Directors of Accounting & Financial Reporting will also find cushy salaries in San Francisco (+31 percent), Irvine (+20 percent), New York (+20 percent), and Seattle (+18 percent). Directors of Accounting & Financial Reporting in St. Louis make 34 percent less than the national average, proving that location is a major factor in pay. Not at the bottom but still paying below the median are employers in Pittsburgh and Atlanta (14 percent lower and 5 percent lower, respectively).

Related Job Salaries

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Experience Affects Director of Accounting & Financial Reporting Salaries



National Average
$122,000



Skills That Affect Director of Accounting & Financial Reporting Salaries

Securities and Exchange Commision (SEC) Experience
up arrow 27%

National Average
$122,000

Financial Reporting
up arrow 1%

Accounting
up arrow 2%

Financial Analysis
up arrow 2%

General Ledger Accounting
up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 54 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

1-4 years
5%
5-9 years
13%
10-19 years
48%
20 years or more
35%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 82%
medical benefits
Vision: 68%
dental benefits
None: 7%
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