Manager of Accounting & Financial Reporting Salary

The majority of Managers of Accounting & Financial Reporting in the United States — nearly three-fifths — boast more than 10 years of experience in their profession. Salaries stretch from $43K to $118K per year, and the median is $75K annually. Total cash compensation for Managers of Accounting & Financial Reporting runs from $43K to $118K depending on bonuses that can occasionally exceed $18K and profit sharing that can reach almost $10K. Geographic location is the biggest factor affecting pay for this group, followed by career duration. Most enjoy medical while a majority get dental coverage. Vision coverage is also available to over one-half. The majority of Managers of Accounting & Financial Reporting claim high levels of job satisfaction.

$44,048 - $108,174
(Median)
$44K
$75K
$110K
MEDIAN: $74,748
10%
50%
90%

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$14.53 - $39.43
(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
$44,048 - $108,174  
   
Bonus
$0.00 - $17,843  
Profit Sharing
$484.79 - $10,155  
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).
)
$42,639 - $118,192  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 564
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
$14.53 - $39.43  
   
Overtime
$0.00 - $47.27  
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 - $17,843  
   
Profit Sharing
$484.79 - $10,155  
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).
)
$42,639 - $118,192  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 53
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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 sometimes assume positions such as Corporate Controllers. That role pays $92K per year on average. The most common career progression for Managers of Accounting & Financial Reporting leads to becoming an Accounting Manager, where pay is typically $60K. However, many Managers of Accounting & Financial Reporting also opt to become Financial Controllers, a position that pays $77K on average.

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 wide range of professional 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. 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

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


The average worker who claims fewer than five years of experience earns around $64K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $80K. The average pay reported by folks with 10 to 20 years of experience is around $80K. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $69K.

Pay Difference by Location


San Francisco offers some of the highest pay in the country for Managers of Accounting & Financial Reporting, 58 percent above the national average. Managers of Accounting & Financial Reporting can also look forward to large paychecks in cities like New York (+34 percent), Boston (+31 percent), Miami (+28 percent), and Atlanta (+26 percent). Dallas ranks last in the field for pay, reporting salaries 5 percent below the national average.

Related Job Salaries

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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 3%

Microsoft Excel
0%

National Average
$75,000

Accounting
up arrow 1%

General Ledger Accounting
up arrow 8%

Human Resources
up arrow 25%


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
11%
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: 53% employee benefits None: 12%
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