Financial Reporting Manager Salary

Pay for Financial Reporting Managers in the United States sits in the ballpark of $87K per year. Total incomes of Financial Reporting Managers incorporate potential for, in a few cases, more than $16K from bonuses and close to $9K from profit sharing; these performance components cause packages to range between $69K and $120K. Residence and years of experience each impact pay for this group, with the former having the largest influence. Women are just slightly outnumbered, with male Financial Reporting Managers making up 51 percent of survey respondents. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to the larger part. For the most part, Financial Reporting Managers enjoy their work and report high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.

$67,729 - $108,910
(Median)
$68K
$87K
$110K
MEDIAN: $87,228
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
$67,729 - $108,910  
   
Bonus
$1,033 - $16,493  
Profit Sharing
$868 - $8,940  
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).
)
$69,098 - $119,800  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 467
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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 report using a diverse set of skills on the job. Most notably, skills in Securities and Exchange Commision Experience, Financial Reporting, Accounting, and Microsoft Word 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 with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Salaries for the relatively untried average out to around $84K, but survey participants with five to 10 years of experience earn a significantly higher median of $92K. On average, Financial Reporting Managers make $94K following one to two decades on the job. As Financial Reporting Managers reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $98K.

Pay Difference by Location


For Financial Reporting Managers, Houston provides a pay rate that is 8 percent greater than the national average. Financial Reporting Managers will also find cushy salaries in New York (+6 percent), Philadelphia (+6 percent), San Francisco (+6 percent), and Atlanta (+2 percent). Trailing the national average by 19 percent, Kansas City is the market with the smallest paychecks. Below-median salaries also turn up in Chicago and Denver (10 percent lower and 6 percent lower, respectively).

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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%

Financial Analysis
up arrow 4%

Project Management
up arrow 15%

Budgeting
up arrow 23%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 98 votes.

Gender

Female
49 %
Male
51 %

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: 92% dental benefits Dental: 86%
vision benefits Vision: 67% employee benefits None: 6%
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