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Manager of Accounting & Financial Reporting Salary

With close to three-fifths of Managers of Accounting & Financial Reporting in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Managers of Accounting & Financial Reporting is $75K per year and can range from $43K on the lower end to $119K per year near the higher end. Overall cash earnings for Managers of Accounting & Financial Reporting stretch from $43K on the lower end to $119K near the top, and the heftiest packages can encompass around $18K from bonuses and $10K from profit sharing. Geography and years of experience each impact pay for this group, with the former having the largest influence. Work is enjoyable for Managers of Accounting & Financial Reporting, who typically claim high levels of job satisfaction. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to slightly more than half. The data in this summary comes from the PayScale salary survey.

$43,948 - $108,647
(Median)
$44K
$75K
$110K
MEDIAN: $74,500
10%
50%
90%

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$14.40 - $39.62
(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
$43,948 - $108,647  
   
Bonus
$0.00 - $18,022  
Profit Sharing
$507 - $10,101  
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).
)
$42,530 - $119,102  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 549
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
$14.40 - $39.62  
   
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 - $18,022  
   
Profit Sharing
$507 - $10,101  
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).
)
$42,530 - $119,102  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 49
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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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It's not very common for Managers of Accounting & Financial Reporting to move on to become Corporate Controllers. Average pay for a Corporate Controller is $92K annually. An Accounting Manager role is the most common promotion for Managers of Accounting & Financial Reporting moving up the ladder. Pay for this role tends to be $59K per year. Another typical, albeit less common, transition for Managers of Accounting & Financial Reporting is a Financial Controller position, where earnings are usually $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 seem to require a number of specific skills. 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. Most people who know Accounting also 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.


Salaries for the relatively untried average out to around $64K, but survey participants with five to 10 years of experience earn a significantly higher median of $79K. The average pay reported by folks with 10 to 20 years of experience is around $80K. For some reason, Managers of Accounting & Financial Reporting with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $69K.

Pay Difference by Location


For Managers of Accounting & Financial Reporting, San Francisco provides a pay rate that is 58 percent greater than the national average. Managers of Accounting & Financial Reporting will also find cushy salaries in New York (+34 percent), Boston (+33 percent), Miami (+28 percent), and Atlanta (+26 percent). The smallest paychecks in the market, 4 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 2%

Microsoft Excel
up arrow 1%

National Average
$75,000

Accounting
up arrow 2%

General Ledger Accounting
up arrow 11%

Human Resources
up arrow 25%


Job Satisfaction

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

Gender

Female
69 %
Male
31 %

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: 85% dental benefits Dental: 70%
vision benefits Vision: 54% employee benefits None: 12%
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