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Financial Reporting Analyst Salary

Median pay for Financial Reporting Analysts in the United States lies in the neighborhood of $59K per year. With some bonuses approaching $10K and certain profit sharing proceeds approaching $8K, overall incomes of Financial Reporting Analysts spread between $42K and $84K depending on individual performance. Location and experience level each impact pay for this group, with the former having the largest influence. Women make up a slight majority of Financial Reporting Analysts (50 percent) survey respondents. Male Financial Reporting Analysts are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 50 percent of the field. Job satisfaction is high and work is enjoyable for most Financial Reporting Analysts. A large number report receiving medical coverage from their employers and most collect dental insurance. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$41,426 - $79,939
(Median)
$41K
$59K
$80K
MEDIAN: $59,111
10%
50%
90%

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$15.46 - $39.18
(Median)
$15
$23
$39
MEDIAN: $22.00
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$28K$56K$84K
Salary
$41,426 - $79,939  
   
Bonus
$0.00 - $9,518  
Profit Sharing
$550 - $8,278  
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).
)
$41,570 - $83,843  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 556
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$16$32$48
Hourly Rate
$15.46 - $39.18  
   
Overtime
$24.95 - $47.20  
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$32K$64K$96K
Bonus
$0.00 - $9,518  
   
Profit Sharing
$550 - $8,278  
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).
)
$41,570 - $83,843  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 52

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United States (change)


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Job Description for Financial Reporting Analyst

Financial reporting analysts' main responsibilities include preparing various financial reports and statements on a monthly or quarterly basis, depending on the company's needs. They also review expenses and budgets, ensuring that the data is correct, and prepare filings made to the Securities and Exchange Commission (SEC), as well as income and balance statements. Financial reporting analysts prepare audits, and depending on the company, they may also required to complete more specific reports depending on what they must submit to stockholders, partners, government agencies, and other relevant individuals and organizations.

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Financial Reporting Analyst Tasks

  • Review filings, press releases, and presentations containing financial data.
  • Assist in financial modeling and forecasting.
  • Construct and update periodic reports, statements, and financial analyses.
  • Coordinate with and provide information to auditors and compliance bodies.

Common Career Paths for Financial Reporting Analyst


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Many Financial Reporting Analysts move into a Senior Financial Analyst role, and folks who currently hold that position report a much higher median income of $74K per year.

Reporting Analyst Job Listings

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Popular Skills for Financial Reporting Analyst


Survey results imply that Financial Reporting Analysts put a diverse skill set to use. Most notably, skills in Financial Reporting, Accounting, Microsoft Access, and Financial Analysis are correlated to pay that is above average. Skills that seem to negatively impact pay include SQL. It is often found that people who know Financial Analysis are also skilled in Microsoft Excel and Accounting.

Pay by Experience Level for Financial Reporting Analyst

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


Those in the early stages of their career can expect to make around $56K; however, individuals with five to 10 years of experience bring in $66K on average — a distinctly larger sum. Financial Reporting Analysts claiming one to two decades of experience make an estimated median of $68K. Financial Reporting Analysts who claim more than two decades of experience actually make somewhat smaller average paychecks of $64K.

Pay Difference by Location


For those looking to make money, Financial Reporting Analysts in New York enjoy an exceptional pay rate, 23 percent above the national average. Financial Reporting Analysts will also find cushy salaries in Houston (+17 percent), Denver (+10 percent), Charlotte (+7 percent), and Newark (+3 percent). Falling short of the national average by 9 percent, the area with the worst salaries is Los Angeles. Employers in Atlanta and Boston also lean toward paying below-median salaries (6 percent lower and 3 percent lower, respectively).

Related Job Salaries

United States (change)

Experience Affects Financial Reporting Analyst Salaries



Late-Career
up arrow 7%

National Average
$60,000


Skills That Affect Financial Reporting Analyst Salaries

Financial Reporting
up arrow 2%

Accounting
up arrow 2%

Microsoft Access
up arrow 1%

Financial Analysis
0%

National Average
$60,000

Microsoft Excel
up arrow 2%

Microsoft Office
up arrow 2%

Data Analysis
up arrow 3%

SQL
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 133 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
3%
1-4 years
46%
5-9 years
30%
10-19 years
17%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 84%
vision benefits Vision: 69% employee benefits None: 8%
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