Financial Accounting Manager Salary
A Financial Accounting Manager earns an average salary of $78,365 per year. A skill in Accounting is associated with high pay for this job. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience.
Job Description for Financial Accounting Manager
Financial accounting manager positions are available in a wide range of organizations, including companies that focus specifically on financial matters and businesses that employ in-house accounting staff. This manager's daily duties revolve around following standard accounting procedures, performing activities such as managing accounts and processing information related to long-term assets, liabilities, income, and expenses. Much of the financial accounting manager's work involves communicating with other departments to obtain information and handle inquiries.Read More...
In all tasks, financial accounting managers must follow company procedures and relevant federal, state, and local regulations. In addition, the ability to present and communicate findings with management is essential for this role. Financial accounting managers generally work full time in an office environment, and physical requirements and potential hazards are generally minimal. Work hours may vary depending on company requirements, but most financial accounting managers work during regular business hours.
A bachelor's degree in accounting is generally required for this position, as well as status as a certified public accountant (CPA). Additionally, at least five to 10 years of relevant experience is needed as well. Financial accounting managers also need to be proficient with basic computer software such as the Microsoft Office software, as well as specialized software such as Infinium, PM10, and Showcase.
Financial Accounting Manager Tasks
- Manage the preparation and review of financial reports and statements detailing the status of company funds.
- Identify discrepancies in financial reporting and determine the cause.
- Oversee internal and external audits, organizing paperwork and making sure audits are finished on schedule.
- Ensure compliance with internal controls and both company and government regulations.
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