An average Financial Reporting Manager in the United States can expect to take home roughly $92K annually. Total incomes of Financial Reporting Managers incorporate potential for, in a few cases, more than $19K from bonuses and close to $10K from profit sharing; these performance components cause packages to range between $73K and $128K. Geography is the biggest factor affecting pay for this group, followed by years of experience. Men make up a slight majority of Financial Reporting Managers (57 percent) who responded to the survey. Nearly all report receiving medical coverage from their employers and almost all collect dental insurance. Job satisfaction is high and work is enjoyable for most Financial Reporting Managers. Respondents to the PayScale salary survey provided the data for this report.

$70,952 - $117,336
$71K
$92K
$120K
MEDIAN: $91,540
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$50K$100K$150K
Salary
$70,952 - $117,336  
   
Bonus
$1,174 - $19,380  
Profit Sharing
$0.00 - $10,391  
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).
)
$73,432 - $127,876  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 319

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United States (change)

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Job Description for Financial Reporting Manager

A financial reporting manager is responsible for preparation of many of the financial reports required by an organization. On an average day, they may be ensuring the accuracy of 10-Q or 10-K reports for the Securities and Exchange Commission (SEC), pulling profit and loss financials for one or all remote locations of a large conglomerate, or working with others to improve the reporting process for various divisions of their company.

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Financial Reporting Manager Tasks

  • Prepare forms and documents for company annual and quarterly financial disclosures and earnings releases.
  • Provide financial data to support SEC filings.
  • Develop and put into practice company policies for accounting to ensure clarity, accuracy and transparency.
  • Keep financial records up to date with all financial activity and in compliance with regulations.

Common Career Paths for Financial Reporting Manager


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For Financial Reporting Managers, advancing into a Director of Accounting & Financial Reporting role, for which the median salary is $113K, is not common but it does happen.

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Popular Skills for Financial Reporting Manager


Survey results imply that Financial Reporting Managers deploy a substantial tool kit of skills at work. Most notably, skills in Securities and Exchange Commision Experience, Database Management & Reporting, Accounting, and Financial Reporting are correlated to pay that is above average. Those listing Budgeting as a skill should be prepared for drastically lower pay. Project Management and SAP SAP Financial Accounting and Controlling also typically command lower compensation. Those educated in Accounting tend to be well versed in Microsoft Excel.

Pay by Experience Level for Financial Reporting Manager

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


Workers in their first five years can expect to earn $91K, but people who have been around for five to 10 years earn a noticeably bigger sum of $99K. Financial Reporting Managers bring in $96K after working for 10 to 20 years. Survey participants with more than twenty years of experience only make around $88K on average, though; this group reports a lower median than the one claimed by mid-career individuals.

Pay Difference by Location

National Average: $96,650

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

For Financial Reporting Managers, working in the bustling city of Los Angeles has its advantages, including an above-average pay rate. Financial Reporting Managers can also look forward to large paychecks in cities like New York (+18 percent), Houston (+17 percent), San Francisco (+4 percent), and Denver (+1 percent). One of the biggest compensable factors for Financial Reporting Managers is geography, with workers in Kansas City earning a whopping 23 percent below the national average. Employers pay around 15 percent less in Boston and 14 percent less in St. Louis, below-median salaries for those in this field.

Related Job Salaries

Key Stats for Financial Reporting Manager

Gender

Female
43 %
Male
57 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.
Less than 1 year
0%
1-4 years
8%
5-9 years
45%
10-19 years
36%
20 years or more
10%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Reporting Manager Salaries


National Average
$97,000




Skills That Affect Financial Reporting Manager Salaries


Database Management & Reporting
up arrow 8%



Microsoft Word
0%

National Average
$97,000




Windows Operating System General Use
up arrow 8%

SAP SAP Financial Accounting and Controlling (SAP FICO)
up arrow 12%

Project Management
up arrow 20%

Budgeting
up arrow 27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
0%
1-4 years
8%
5-9 years
45%
10-19 years
36%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 91%
vision benefits
Vision: 76%
dental benefits
None: 3%
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