Financial Reporting Manager Salary

Pay for Financial Reporting Managers in the United States sits in the ballpark of $87K per year. In the world of Financial Reporting Managers, overall cash allowance can occasionally include more than $17K from bonuses and, in some exceptional cases, $8K from profit sharing, causing incomes to vary widely between $68K and $120K. Geography and years of experience each impact pay for this group, with the former having the largest influence. Men working as Financial Reporting Managers who took the survey just slightly outnumber women at 52 percent. Work is enjoyable for Financial Reporting Managers, who typically claim high levels of job satisfaction. Medical benefits are awarded to almost all, and a large number earn dental coverage. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$66,804 - $108,499
(Median)
$67K
$87K
$110K
MEDIAN: $87,367
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$50K$100K$150K
Salary
$66,804 - $108,499  
   
Bonus
$1,497 - $16,689  
Profit Sharing
$881 - $7,757  
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).
)
$68,041 - $119,845  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 480

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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

  • 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.
  • Prepare forms and documents for company annual and quarterly financial disclosures and earnings releases.
  • Provide financial data to support SEC filings.

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Popular Skills for Financial Reporting Manager


Financial Reporting Managers generally report applying a varied skill set to their work. Most notably, skills in Securities and Exchange Commision Experience, Financial Reporting, Accounting, and Microsoft Excel are correlated to pay that is above average. Those listing Budgeting as a skill should be prepared for drastically lower pay. Project Management and Financial Analysis also typically command lower compensation. Most people who know Accounting also know Financial Reporting.

Pay by Experience Level for Financial Reporting Manager

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


Financial Reporting Managers do not generally earn higher incomes from more experience in the field. Survey participants with less than five years' experience pocket $84K on average, but those with five to 10 years of experience enjoy a much bigger median of $92K. Financial Reporting Managers who work for 10 to 20 years in their occupation tend to earn about $95K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $97K.

Pay Difference by Location


For Financial Reporting Managers, working in the bustling city of Houston has its advantages, including an above-average pay rate. Financial Reporting Managers will also find cushy salaries in New York (+7 percent), Philadelphia (+5 percent), San Francisco (+5 percent), and St. Louis (+3 percent). Falling short of the national average by 19 percent, the area with the worst salaries is Kansas City. Employers in Chicago and Denver also lean toward paying below-median salaries (8 percent lower and 6 percent lower, respectively).

Related Job Salaries

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Experience Affects Financial Reporting Manager Salaries



National Average
$92,000



Skills That Affect Financial Reporting Manager Salaries


Accounting
up arrow 1%

Financial Reporting
up arrow 1%

National Average
$92,000

Microsoft Excel
up arrow 3%

Microsoft Word
up arrow 3%

Windows Operating System General Use
up arrow 3%

Microsoft Office
up arrow 4%


Project Management
up arrow 16%

Budgeting
up arrow 23%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 123 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
45%
10-19 years
32%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 86%
vision benefits Vision: 67% employee benefits None: 6%