Manager of Accounting & Financial Reporting Salary

Managers of Accounting & Financial Reporting in the United States tend to be well-versed in their field, and close to three-fifths have more than 10 years of experience. Average salary is expected to be around $77K per year, but may range from $43K to $120K per year. Overall cash earnings for Managers of Accounting & Financial Reporting stretch from $43K on the lower end to $120K near the top, and the heftiest packages can encompass around $18K from bonuses and $10K from profit sharing. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Men are in the minority of survey respondents, with female Managers of Accounting & Financial Reporting making up 70 percent. A large number report receiving medical coverage from their employers and the larger part collect dental insurance. Most Managers of Accounting & Financial Reporting like their work and job satisfaction is high. This snapshot results from replies to PayScale's salary survey.

$44,662 - $110,346
(Median)
$45K
$77K
$110K
MEDIAN: $76,727
10%
50%
90%

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$13.51 - $38.88
(Median)
$14
$21
$39
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$44,662 - $110,346  
   
Bonus
$0.00 - $17,892  
Profit Sharing
$511 - $10,172  
Commission
$200.00  
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).
)
$42,584 - $119,861  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 647
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$13.51 - $38.88  
   
Overtime
$0.00 - $54.62  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $17,892  
   
Commission
$200.00  
Profit Sharing
$511 - $10,172  
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).
)
$42,584 - $119,861  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 63
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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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Though some Managers of Accounting & Financial Reporting move into positions like Corporate Controller (where the average salary is $93K), this progression is not the norm. Moving from a Manager of Accounting & Financial Reporting to Accounting Manager or Financial Controller is a more common career path, however.

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 use a fairly large toolkit 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 Accounts Receivable as a skill should be prepared for drastically lower pay. Quickbooks and Human Resources 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.


The average worker who claims fewer than five years of experience earns around $66K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $82K. Managers of Accounting & Financial Reporting with one to two decades of relevant experience report an average salary of approximately $83K. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $70K.

Pay Difference by Location

National Average: $77,143

Larger city markers indicate a job is popular in that location.

Managers of Accounting & Financial Reporting will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 45 percent. Managers of Accounting & Financial Reporting will also find cushy salaries in New York (+31 percent), Tampa (+28 percent), Boston (+27 percent), and Miami (+24 percent). The lowest-paying market is Dallas, which sits 8 percent below the national average. Below-median salaries also turn up in Los Angeles and Cincinnati (3 percent lower and 2 percent lower, respectively).

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Experience Affects Manager of Accounting & Financial Reporting Salaries



National Average
$77,000



Skills That Affect Manager of Accounting & Financial Reporting Salaries


Financial Reporting
up arrow 2%

National Average
$77,000

Accounting
up arrow 1%

Microsoft Excel
up arrow 1%

General Ledger Accounting
up arrow 2%

Human Resources
up arrow 27%


Accounts Receivable
up arrow 42%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 127 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
0%
1-4 years
11%
5-9 years
30%
10-19 years
32%
20 years or more
27%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 69%
medical benefits
Vision: 54%
dental benefits
None: 12%
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