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Financial Reporting Manager Salary

Financial Reporting Managers in the United States can expect to earn an average of $88K annually. Cash earnings for Financial Reporting Managers — including $16K in bonuses and $8K in profit sharing proceeds near the top of the pay scale — generally stretch from $69K to $120K depending on individual performance. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. Job satisfaction for Financial Reporting Managers is high. Women are just slightly outnumbered, with male Financial Reporting Managers making up 51 percent of survey respondents. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to the larger part. This report is based on answers to PayScale's salary questionnaire.

$67,474 - $108,904
(Median)
$67K
$88K
$110K
MEDIAN: $87,556
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
$67,474 - $108,904  
   
Bonus
$1,200 - $16,369  
Profit Sharing
$868 - $7,946  
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).
)
$68,766 - $119,737  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 476

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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

  • 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


Survey results suggest that Financial Reporting Managers put a wide range of professional skills to use. 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 experienced in 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. People with 10 to 20 years of experience make an average of about $95K in this role. Financial Reporting Managers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $97K.

Pay Difference by Location


Home to some of the best pay for Financial Reporting Managers, Houston offers exceptional salaries, 8 percent above the national average. Financial Reporting Managers can also look forward to large paychecks in cities like New York (+7 percent), Philadelphia (+5 percent), San Francisco (+5 percent), and Atlanta (+4 percent). Kansas City is the lowest-paying area, 19 percent south of the national average. Two other places where employers offer below-median salaries are Chicago (8 percent less) and Denver (6 percent less).

Related Job Salaries

United States (change)

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 16%

Budgeting
up arrow 23%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 110 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
0%
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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