Manager of Accounting & Financial Reporting Salary

Just below three-fifths of Managers of Accounting & Financial Reporting in the United States have been in the field for more than 10 years. Pay can fall anywhere from $52K to $130K per year, but median earnings come to around $91K annually. Cash earnings for Managers of Accounting & Financial Reporting — including $20K in bonuses and $10K in profit sharing proceeds near the top of the pay scale — generally stretch from $52K to $130K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by career length. Most workers in this position report high levels of job satisfaction. Managers of Accounting & Financial Reporting survey participants are largely women, dominating at 61 percent. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Respondents to the PayScale salary survey provided the data for this report.

$54,274 - $118,209
$54K
$91K
$120K
MEDIAN: $91,186
10%
50%
90%

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$13.09 - $34.77
$13
$18
$35
MEDIAN: $18.49
10%
50%
90%

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$0$130K
Salary $54,274 - $118,209
Bonus $1,441 - $19,878
Profit Sharing $1,838 - $10,170
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).
)
$52,078 - $130,333
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 179
Hourly Data $0$38
Hourly Rate $13.09 - $34.77
Overtime $38.24
Annual Data $0$130K
Bonus $1,441 - $19,878
Profit Sharing $1,838 - $10,170
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).
)
$52,078 - $130,333
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 10

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United States (change)

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Job Description for Manager of Accounting & Financial Reporting

Managers of accounting and financial reporting are responsible for providing a variety of financial and account support for their company and clients. They are responsible for all aspects of the financial reporting, including internal controls and payroll services. Managers of accounting and financial reporting also approve purchasing decisions and maintain records for tax purposes. Additionally, they record cash and card transactions (including keeping receipts), communicate with financial institutions, and arrange bank deposits. These professionals also must keep a file of vendor invoices and monitor accounts receivable.

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Manager of Accounting & Financial Reporting Tasks

  • Manage all general ledger transactions and prepare reports and analyses.
  • Provide regular and ad hoc reports, forecasts, and tax returns.
  • Develop, implement, review, and evaluate procedures and policies.
  • Hire, train, evaluate, and mentor accounting staff.

Common Career Paths for Manager of Accounting & Financial Reporting


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Managers of Accounting & Financial Reporting sometimes move into a Corporate Controller role, where the salary is similar. Managers of Accounting & Financial Reporting most frequently become Accounting Managers and Financial Controllers even though median compensation is $33K lower and $16K lower, respectively.

Manager of Accounting & Financial Reporting Job Listings

Popular Skills for Manager of Accounting & Financial Reporting


Survey results suggest that Managers of Accounting & Financial Reporting put a wide range of professional skills to use. Most notably, skills in Financial Analysis, Accounting, Financial Reporting, and Microsoft Excel are correlated to pay that is above average. Those listing Accounts Receivable as a skill should be prepared for drastically lower pay. Human Resources and Quickbooks also typically command lower compensation. It is often found that people who know Accounting are also skilled in Financial Analysis and Microsoft Excel.

Pay by Experience Level for Manager of Accounting & Financial Reporting

Pay by Experience for a Manager of Accounting & Financial Reporting has a negative trend. An entry-level Manager of Accounting & Financial Reporting with less than 5 years of experience can expect to earn an average total compensation of $78,000 based on 30 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Manager of Accounting & Financial Reporting with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $93,000 based on 100 salaries. An experienced Manager of Accounting & Financial Reporting which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $93,000 based on 100 salaries. A Manager of Accounting & Financial Reporting with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $77,000 based on 54 salaries.

Pay Difference by Location

National Average: $93,797

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

Home to some of the best pay for Managers of Accounting & Financial Reporting, Chicago offers exceptional salaries, 27 percent above the national average. Managers of Accounting & Financial Reporting can also look forward to large paychecks in cities like Boston (+23 percent), San Francisco (+20 percent), Los Angeles (+7 percent), and Tampa (+6 percent). Compared to the national average, Dallas Managers of Accounting & Financial Reporting have considerably lower salaries, 24 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Two other places where employers offer below-median salaries are Austin (21 percent less) and Cincinnati (20 percent less).

Related Job Salaries

Key Stats for Manager of Accounting & Financial Reporting

Gender

Female
61 %
Male
39 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.
1-4 years
8%
5-9 years
34%
10-19 years
33%
20 years or more
24%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Manager of Accounting & Financial Reporting Salaries

National Average
$94,000

▼1%

▼1%

▼17%

▼17%

Skills That Affect Manager of Accounting & Financial Reporting Salaries


National Average
$94,000

▼2%




▼39%

Human Resources
▼40%

Accounts Receivable
▼52%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

1-4 years
8%
5-9 years
34%
10-19 years
33%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 73%
vision benefits
Vision: 68%
no benefits
None: 11%
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