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Manager of Accounting & Financial Reporting Salary

With nearly three in five of Managers of Accounting & Financial Reporting in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $43K to $120K per year and averages out to $76K per year. Total cash compensation to Managers of Accounting & Financial Reporting bottoms out near $43K and approaches $120K on the high end; the biggest paychecks include approximately $18K from bonuses and almost $10K from profit sharing. Geography and experience level each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and the larger part earn dental coverage. Most Managers of Accounting & Financial Reporting report high levels of job satisfaction. Female Managers of Accounting & Financial Reporting survey participants are more prevalent than men — 68 percent of professionals. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
$44,523 - $108,707
(Median)
$45K
$76K
$110K
MEDIAN: $75,793
10%
50%
90%

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$13.28 - $39.95
(Median)
$13
$21
$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
$44,523 - $108,707  
   
Bonus
$0.00 - $17,969  
Profit Sharing
$715 - $9,696  
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).
)
$42,840 - $120,226  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 462
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
$13.28 - $39.95  
   
Overtime
$0.00 - $52.23  
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 - $17,969  
   
Profit Sharing
$715 - $9,696  
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).
)
$42,840 - $120,226  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 42
United States (change)

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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While somewhat out of the ordinary, it is still possible for Managers of Accounting & Financial Reporting to assume a position such as a Corporate Controller, which pays $92K per year on average. However, it's more common for Managers of Accounting & Financial Reporting to move into roles as Accounting Managers or Financial Controllers.

Manager of Accounting & Financial Reporting Job Listings

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Popular Skills for Manager of Accounting & Financial Reporting


Survey results show that Managers of Accounting & Financial Reporting use a fair number of skills. Most notably, skills in Financial Analysis, Financial Reporting, Accounting, 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 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.


Survey participants with less than five years' experience pocket $63K on average, but those with five to 10 years of experience enjoy a much bigger median of $80K. Managers of Accounting & Financial Reporting with one to two decades of relevant experience report an average salary of approximately $82K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $70K.

Pay Difference by Location


San Francisco offers some of the highest pay in the country for Managers of Accounting & Financial Reporting, 53 percent above the national average. Managers of Accounting & Financial Reporting will also find cushy salaries in Boston (+30 percent), New York (+25 percent), Miami (+25 percent), and Chicago (+22 percent). Falling short of the national average by 8 percent, the area with the worst salaries is Los Angeles.

Related Job Salaries

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 4%

Accounting
up arrow 2%

Microsoft Excel
up arrow 2%

National Average
$77,000

Human Resources
up arrow 27%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 106 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
31%
20 years or more
29%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 70%
vision benefits Vision: 53% employee benefits None: 11%