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Manager of Accounting & Financial Reporting Salary

Managers of Accounting & Financial Reporting in the United States tend to have a good amount of experience under their belt — roughly three in five have more than 10 years in the field. While pay runs from $43K to $120K per year, median earnings come to $75K annually. Total cash compensation to Managers of Accounting & Financial Reporting approaches anywhere from $43K on the lower end to $120K on the higher end; in exceptional cases, this can include more than $18K from bonuses and upwards of $10K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by experience level. The majority of Managers of Accounting & Financial Reporting (68 percent) who took the survey are women. Job satisfaction is reported as high by the vast majority of workers. Medical benefits are awarded to most, and a strong majority earn dental coverage.

$44,308 - $108,863
(Median)
$44K
$75K
$110K
MEDIAN: $75,151
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
$44,308 - $108,863  
   
Bonus
$0.00 - $18,103  
Profit Sharing
$596 - $9,863  
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).
)
$42,818 - $119,661  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 539
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 - $18,103  
   
Profit Sharing
$596 - $9,863  
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).
)
$42,818 - $119,661  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 46

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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

  • 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 $59K. 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


Managers of Accounting & Financial Reporting report using a pretty varied skill set on the job. 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, on the other hand, are typically associated with much lower pay. Those familiar with Accounting also tend to know 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.


The average beginner in this position makes around $64K, but folks who have been around for five to 10 years see a markedly higher median salary of $80K. Managers of Accounting & Financial Reporting see a median salary of $82K 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 $70K.

Pay Difference by Location


Surpassing the national average by 56 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 is the lowest-paying area, 6 percent south of the national average.

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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 13%


Financial Reporting
up arrow 3%

Microsoft Excel
up arrow 1%

National Average
$76,000

Accounting
up arrow 2%

Human Resources
up arrow 26%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 119 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

Less than 1 year
0%
1-4 years
11%
5-9 years
29%
10-19 years
32%
20 years or more
28%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 71%
vision benefits Vision: 55% employee benefits None: 11%
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