Financial Reporting Manager Salary

Financial Reporting Managers in the United States can expect to earn an average of $89K per year. With some bonuses approaching $17K and certain profit sharing proceeds approaching $10K, overall incomes of Financial Reporting Managers spread between $70K and $123K depending on individual performance. Geography and experience level each impact pay for this group, with the former having the largest influence. Almost all get medical and dental insurance, and the greater part get vision plans, too. Men make up a slight majority of Financial Reporting Managers (52 percent) who responded to the survey. Work is enjoyable for Financial Reporting Managers, who typically claim high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.

$68,669 - $112,597
(Median)
$69K
$89K
$110K
MEDIAN: $88,651
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
$68,669 - $112,597  
   
Bonus
$786 - $17,365  
Profit Sharing
$1,325 - $10,241  
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).
)
$69,909 - $123,103  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 502
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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.

Common Career Paths for Financial Reporting Manager


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At the upper end, Financial Reporting Managers who move into a Director of Accounting & Financial Reporting role may earn a little more as the latter position has a median salary of $110K per year.

Financial Reporting Manager Job Listings

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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, Accounting, Financial Reporting, and Financial Analysis are correlated to pay that is above average. Those listing Budgeting as a skill should be prepared for drastically lower pay. Project Management and Microsoft Excel 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.


Experience does not seem to be a strong driver of pay increase in this role. Those in the early stages of their career can expect to make around $84K; however, individuals with five to 10 years of experience bring in $94K on average — a distinctly larger sum. After working for 10 to 20 years, Financial Reporting Managers make a median salary of $95K. 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

National Average: $93,167

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

For those looking to make money, Financial Reporting Managers in Los Angeles enjoy an exceptional pay rate, 24 percent above the national average. Financial Reporting Managers will also find cushy salaries in Washington (+23 percent), Seattle (+13 percent), New York (+12 percent), and Houston (+10 percent). Financial Reporting Managers in Kansas City take home the lowest salaries, earning a whopping 20 percent less than the national average. Below-median salaries also turn up in Chicago and Denver (11 percent lower and 7 percent lower, respectively).

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Experience Affects Financial Reporting Manager Salaries




National Average
$93,000


Skills That Affect Financial Reporting Manager Salaries


Accounting
up arrow 2%

Financial Reporting
up arrow 1%

National Average
$93,000

Financial Analysis
up arrow 4%

Microsoft Word
up arrow 4%



Windows Operating System General Use
up arrow 5%

Project Management
up arrow 17%

Budgeting
up arrow 24%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 99 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
0%
1-4 years
9%
5-9 years
46%
10-19 years
33%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 88%
medical benefits
Vision: 69%
dental benefits
None: 6%
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