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Manager of Accounting & Financial Reporting Salary

Managers of Accounting & Financial Reporting in the United States are often veterans in their line of work, with about three in five bringing more than 10 years of experience to the table. Salaries slide in at $75K annually on average but can range from $43K to $119K per year. Total cash earnings of Managers of Accounting & Financial Reporting range from $43K on the low end to $119K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $18K and $10K, respectively. Residence is the biggest factor affecting pay for this group, followed by career duration. Women account for the majority of Managers of Accounting & Financial Reporting who responded to the questionnaire — 69 percent to be exact. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The majority of workers are highly satisfied with their job.

$44,376 - $108,350
(Median)
$44K
$75K
$110K
MEDIAN: $75,312
10%
50%
90%

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$14.19 - $39.76
(Median)
$14
$22
$40
MEDIAN: $21.00
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
$44,376 - $108,350  
   
Bonus
$0.00 - $17,805  
Profit Sharing
$734 - $9,933  
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).
)
$42,871 - $118,617  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 523
National Hourly Rate 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$25$50$75
Hourly Rate
$14.19 - $39.76  
   
Overtime
$0.00 - $47.69  
National Annualized 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
Bonus
$0.00 - $17,805  
   
Profit Sharing
$734 - $9,933  
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).
)
$42,871 - $118,617  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 46

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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

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

Common Career Paths for Manager of Accounting & Financial Reporting


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Managers of Accounting & Financial Reporting who go on to become Corporate Controllers may see their salaries climb quite a bit. Median pay for Corporate Controllers is $92K annually. An Accounting Manager role is the most prevalent career advancement for Managers of Accounting & Financial Reporting. Paychecks for that role are $59K on average. The Financial Controller position is another common transition for Managers of Accounting & Financial Reporting; in this role, salaries are typically at the $77K mark.

Manager of Accounting & Financial Reporting Job Listings

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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 General Ledger Accounting, Financial Analysis, Financial Reporting, and Microsoft Excel are correlated to pay that is above average. Quickbooks and Human Resources as skills, however, tend to be associated with significantly smaller paychecks. Those proficient in Accounting are, more often than not, also skilled in Financial Analysis and Microsoft Excel.

Pay by Experience Level for Manager of Accounting & Financial Reporting

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


Those in the early stages of their career can expect to make around $64K; however, individuals with five to 10 years of experience bring in $80K on average — a distinctly larger sum. Managers of Accounting & Financial Reporting who work for 10 to 20 years in their occupation tend to earn about $82K. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $70K.

Pay Difference by Location


Surpassing the national average by 55 percent, Managers of Accounting & Financial Reporting in San Francisco receive some of the highest pay in the country. Managers of Accounting & Financial Reporting can also look forward to large paychecks in cities like New York (+32 percent), Boston (+31 percent), Miami (+26 percent), and Atlanta (+24 percent). Dallas ranks last in the field for pay, reporting salaries 6 percent below the national average.

Related Job Salaries

United States (change)

Experience Affects Manager of Accounting & Financial Reporting Salaries



National Average
$76,000



Skills That Affect Manager of Accounting & Financial Reporting Salaries

General Ledger Accounting
up arrow 12%


Financial Reporting
up arrow 3%

Microsoft Excel
up arrow 1%

National Average
$76,000

Accounting
up arrow 1%

Human Resources
up arrow 26%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 117 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
0%
1-4 years
12%
5-9 years
29%
10-19 years
31%
20 years or more
28%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 71%
vision benefits Vision: 54% employee benefits None: 11%