Financial Reporting Manager Salary

Financial Reporting Managers in the United States pull down an average of $89K annually. Cash earnings for Financial Reporting Managers — which occasionally include more than $17K from bonuses and more than $10K from profit sharing — stretch from around $70K to approximately $123K. Geographic location is the biggest factor affecting pay for this group, followed by career length. In this profession, nearly all enjoy medical and dental coverage, and a majority have vision insurance, as well. Women are just slightly outnumbered, with male Financial Reporting Managers making up 52 percent of survey respondents. Job satisfaction is high and work is enjoyable for most Financial Reporting Managers. The figures in this overview were provided by individuals who took 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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Financial Reporting Managers who become Directors of Accounting & Financial Reporting may see a small rise in pay. On average, Directors of Accounting & Financial Reporting earn $110K per year.

Financial Reporting Manager Job Listings

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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, 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. Most people familiar with Accounting also know Microsoft Excel.

Pay by Experience Level for Financial Reporting Manager

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


For Financial Reporting Managers, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. 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 $94K. After working for 10 to 20 years, Financial Reporting Managers make a median salary of $95K. 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

National Average: $93,167

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

For Financial Reporting Managers, busy Los Angeles offers a higher-than-average pay rate, 24 percent above the national average. Financial Reporting Managers can also look forward to large paychecks in cities like 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. Employers in Chicago and Denver also lean toward paying below-median salaries (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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