Manager of Accounting & Financial Reporting Salary

Managers of Accounting & Financial Reporting who are practiced in their profession and carry more than 10 years of experience make up close to three-fifths of Managers of Accounting & Financial Reporting. Pay fluctuates from $43K to $118K per year, but expected earnings average $75K annually. Cash earnings for Managers of Accounting & Financial Reporting — which occasionally include more than $18K from bonuses and more than $10K from profit sharing — stretch from around $43K to approximately $118K. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. The majority of Managers of Accounting & Financial Reporting claim high levels of job satisfaction. Most enjoy medical while the larger part get dental coverage. Vision coverage is also available to a little more than half.

$43,987 - $108,045
(Median)
$44K
$75K
$110K
MEDIAN: $74,909
10%
50%
90%

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$14.56 - $39.38
(Median)
$15
$22
$39
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
$43,987 - $108,045  
   
Bonus
$0.00 - $17,755  
Profit Sharing
$489.36 - $10,137  
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).
)
$42,603 - $117,905  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 570
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
$14.56 - $39.38  
   
Overtime
$0.00 - $54.90  
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 - $17,755  
   
Profit Sharing
$489.36 - $10,137  
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).
)
$42,603 - $117,905  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 54
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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 do not often transition into Corporate Controller roles. The role averages $92K per year. More often than not, an Accounting Manager role is the next step for Managers of Accounting & Financial Reporting moving up in the field. Pay for Accounting Managers is usually $60K. Many Managers of Accounting & Financial Reporting choose to take on a Financial Controller role instead, where salaries are typically $77K.

Manager of Accounting & Financial Reporting Job Listings

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Popular Skills for Manager of Accounting & Financial Reporting


Survey results imply that Managers of Accounting & Financial Reporting put a diverse skill set to use. Most notably, skills in Financial Analysis, Financial Reporting, Microsoft Excel, and Accounting are correlated to pay that is above average. Those listing Quickbooks as a skill should be prepared for drastically lower pay. Human Resources and General Ledger Accounting also typically command lower compensation. 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. The average pay reported by folks with 10 to 20 years of experience is around $80K. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Managers of Accounting & Financial Reporting report making only $69K on average.

Pay Difference by Location


Home to some of the best pay for Managers of Accounting & Financial Reporting, San Francisco offers exceptional salaries, 57 percent above the national average. Managers of Accounting & Financial Reporting can also look forward to large paychecks in cities like New York (+33 percent), Boston (+30 percent), Miami (+28 percent), and Atlanta (+26 percent). The smallest paychecks in the market, 5 percent south of the national average, can be found in Dallas.

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Experience Affects Manager of Accounting & Financial Reporting Salaries



National Average
$75,000



Skills That Affect Manager of Accounting & Financial Reporting Salaries


Financial Reporting
up arrow 4%

Microsoft Excel
0%

National Average
$75,000

Accounting
up arrow 1%

General Ledger Accounting
up arrow 3%

Human Resources
up arrow 26%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 121 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
32%
20 years or more
27%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 69%
vision benefits Vision: 52% employee benefits None: 13%
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