Financial Reporting Manager Salary

Financial Reporting Managers in the United States can expect wages of $87K annually on average. Cash earnings for Financial Reporting Managers — including $16K in bonuses and $9K 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 experience level. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to more than half. The majority of workers are highly satisfied with their job. Male Financial Reporting Managers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 50 percent of the field. This report is based on responses to the PayScale salary survey.

$67,560 - $108,931
(Median)
$68K
$87K
$110K
MEDIAN: $87,265
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
$67,560 - $108,931  
   
Bonus
$1,036 - $16,478  
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).
)
$68,906 - $119,800  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 466
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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. It is often found that people who know Accounting are also skilled in Financial Reporting.

Pay by Experience Level for Financial Reporting Manager

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


Experience and pay tend to be weakly linked for Financial Reporting Managers — those with more experience do not necessarily bring in higher earnings. 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 see a median salary of $94K after reaching one to two decades on the job. After two decades in the workforce, the average Financial Reporting Manager generally earns more than ever; median pay for this group is estimated at $98K.

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 can also look forward to large paychecks in cities like New York (+8 percent), Philadelphia (+6 percent), San Francisco (+6 percent), and Atlanta (+2 percent). The smallest paychecks in the market, 19 percent south of the national average, can be found in Kansas City. 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
50 %
Male
50 %

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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