Manager of Accounting & Financial Reporting Salary

The majority of Managers of Accounting & Financial Reporting in the United States — approximately three in five — boast more than 10 years of experience in their profession. Salaries stretch from $43K to $120K per year, and the median is $77K annually. In the world of Managers of Accounting & Financial Reporting, total cash compensation can vary between $43K and $120K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $18K and $10K, respectively. Geography is the biggest factor affecting pay for this group, followed by years of experience. Most enjoy medical while the larger part get dental coverage. Vision coverage is also available to over one-half. Most Managers of Accounting & Financial Reporting survey respondents are women (70 percent). For the most part, Managers of Accounting & Financial Reporting enjoy their work and report high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.

$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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While Managers of Accounting & Financial Reporting do not often become Corporate Controllers, the job pays $93K per year on average. More often, however, Managers of Accounting & Financial Reporting go on to become Accounting Managers or Financial Controllers.

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 Accounts Receivable as a skill should be prepared for drastically lower pay. Quickbooks and Human Resources also typically command lower compensation. 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.


Relatively untried employees who have less than five years' experience make $66K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $82K. People with 10 to 20 years of experience make an average of about $83K in this role. Managers of Accounting & Financial Reporting who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $70K.

Pay Difference by Location

National Average: $77,143

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

Home to some of the best pay for Managers of Accounting & Financial Reporting, San Francisco offers exceptional salaries, 45 percent above the national average. Managers of Accounting & Financial Reporting can also look forward to large paychecks in cities like New York (+31 percent), Tampa (+28 percent), Boston (+27 percent), and Miami (+24 percent). Trailing the national average by 8 percent, Dallas is the market with the smallest paychecks. Los Angeles and Cincinnati are a couple other places where companies are known to pay below the median — salaries are 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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