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Financial Reporting Manager Salary

Financial Reporting Managers in the United States pull down an average of $87K per year. Total cash compensation for Financial Reporting Managers runs from $68K to $119K depending on bonuses that can occasionally exceed $17K and profit sharing that can reach almost $6K. Location and tenure each impact pay for this group, with the former having the largest influence. Women are just slightly outnumbered, with male Financial Reporting Managers making up 51 percent of survey respondents. Most Financial Reporting Managers like their work and job satisfaction is high. Medical benefits are awarded to almost all, and a large number earn dental coverage. The data for this synopsis comes from respondents who took the PayScale salary survey.
$66,241 - $107,722
(Median)
66K
87K
97K
110K
MEDIAN: $87,347
10%
50%
75%
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
$66,241 - $107,722  
   
Bonus
$1,956 - $16,647  
Profit Sharing
$856 - $6,205  
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).
)
$67,530 - $119,123  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 463
United States (change)

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.

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, Financial Reporting, Accounting, and Microsoft Excel 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 proficient in Accounting are, more often than not, 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.


More years of relevant experience do not necessarily translate to higher paychecks. The average worker who claims fewer than five years of experience earns around $84K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $92K. Financial Reporting Managers see a median salary of $95K after reaching one to two decades on the job. Financial Reporting Managers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $98K.

Pay Difference by Location


For those looking to make money, Financial Reporting Managers in New York enjoy an exceptional pay rate, 10 percent above the national average. Financial Reporting Managers will also find cushy salaries in Houston (+8 percent) and St. Louis (+3 percent). Trailing the national average by 19 percent, Kansas City is the market with the smallest paychecks. Employers also pay below the national average in Chicago (7 percent lower) and Miami (6 percent lower).

Related Job Salaries

Experience Affects Financial Reporting Manager Salaries




National Average
$92,000


Skills That Affect Financial Reporting Manager Salaries


Financial Reporting
up arrow 2%

Accounting
up arrow 1%

National Average
$92,000

Microsoft Excel
up arrow 3%

Microsoft Office
up arrow 3%

Microsoft Word
up arrow 3%

Windows Operating System General Use
up arrow 3%

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 129 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
1%
1-4 years
11%
5-9 years
44%
10-19 years
33%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 86%
vision benefits Vision: 67% employee benefits None: 6%