Financial Reporting Manager Salary

The average Financial Reporting Manager in the United States earns approximately $87K annually. 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. Geography is the biggest factor affecting pay for this group, followed by career length. Men make up a slight majority of Financial Reporting Managers (51 percent) who responded to the survey. Most Financial Reporting Managers report high levels of job satisfaction. Medical benefits are awarded to nearly all, and most earn dental coverage. This snapshot results from replies to PayScale's salary survey.

$67,700 - $108,739

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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.
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$0$50K$100K$150K
Salary
$67,700 - $108,739  
   
Bonus
$1,030 - $16,353  
Profit Sharing
$872 - $8,877  
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).
)
$69,062 - $119,623  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 465
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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 pretty varied skill set 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. Those educated in Accounting tend to be well versed in Financial Reporting.

Pay by Experience Level for Financial Reporting Manager

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


More years of relevant experience do not necessarily translate to higher paychecks. Although individuals who have less than five years' experience earn $84K on average, people with five to 10 years benefit from a notably larger average of $92K. Financial Reporting Managers bring in $94K after working for 10 to 20 years. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; a Financial Reporting Manager with more than 20 years of experience can earn $98K on average.

Pay Difference by Location


With a pay rate for Financial Reporting Managers that is 10 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Financial Reporting Managers can also look forward to large paychecks in cities like Houston (+8 percent), New York (+6 percent), Philadelphia (+6 percent), and Atlanta (+2 percent). Kansas City is the lowest-paying area, 19 percent south of the national average. Not at the bottom but still paying below the median are employers 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%


Project Management
up arrow 15%

Budgeting
up arrow 23%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 96 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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