Financial Reporting Managers in the United States can expect wages of $91K annually on average. Total cash compensation to Financial Reporting Managers bottoms out near $73K and approaches $127K on the high end; the biggest paychecks include approximately $19K from bonuses and almost $10K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by years of experience. Nearly all report receiving medical coverage from their employers and almost all collect dental insurance. Men make up a slight majority of Financial Reporting Managers (59 percent) who responded to the survey. The majority of workers are highly satisfied with their job. The information for this snapshot was generated by responses to the PayScale salary survey.

$71,485 - $116,756
(Median)
$71K
$91K
$120K
MEDIAN: $90,866
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
$71,485 - $116,756  
   
Bonus
$817 - $19,236  
Profit Sharing
$986 - $10,304  
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).
)
$73,294 - $126,976  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 316
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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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Although some Financial Reporting Managers become Director of Accounting & Financial Reporting, this progression is not the norm. However, the latter position does pay a little more at $113K.

Financial Reporting Manager Job Listings

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Popular Skills for Financial Reporting Manager


Financial Reporting Managers seem to require a number of specific skills. 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 Windows Operating System General Use also typically command lower compensation. The majority of those who know 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.


Workers in their first five years can expect to earn $88K, but people who have been around for five to 10 years earn a noticeably bigger sum of $97K. Financial Reporting Managers see a median salary of $96K after reaching one to two decades on the job. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $90K.

Pay Difference by Location

National Average: $95,634

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

Los Angeles offers some of the highest pay in the country for Financial Reporting Managers, 19 percent above the national average. Financial Reporting Managers can also look forward to large paychecks in cities like Houston (+18 percent), New York (+14 percent), San Francisco (+5 percent), and Washington (+2 percent). Financial Reporting Managers in Kansas City report much lower salaries than the rest of the country — 22 percent below the national average — proving that residence is a major factor in overall pay. Boston and St. Louis are a couple other places where companies are known to pay below the median — salaries are 20 percent lower and 13 percent lower, respectively.

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Experience Affects Financial Reporting Manager Salaries



National Average
$96,000



Skills That Affect Financial Reporting Manager Salaries


Financial Reporting
up arrow 1%

Accounting
up arrow 1%

National Average
$96,000

Financial Analysis
up arrow 2%

Microsoft Excel
up arrow 3%

Microsoft Word
up arrow 3%

Microsoft Office
up arrow 4%

Windows Operating System General Use
up arrow 7%

Project Management
up arrow 19%

Budgeting
up arrow 26%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 47 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
0%
1-4 years
8%
5-9 years
47%
10-19 years
35%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 90%
medical benefits
Vision: 75%
dental benefits
None: 3%
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