Approximately three in five of Managers of Accounting & Financial Reporting in the United States have been in the field for more than 10 years. Pay can fall anywhere from $46K to $124K per year, but median earnings come to around $82K annually. In the world of Managers of Accounting & Financial Reporting, total cash compensation can vary between $46K and $124K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $18K and $10K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by career duration. The majority of Managers of Accounting & Financial Reporting claim high levels of job satisfaction. Medical benefits are awarded to most, and the larger part earn dental coverage. Women account for the majority of Managers of Accounting & Financial Reporting who responded to the questionnaire — 69 percent to be exact.

$47,885 - $116,139
(Median)
$48K
$82K
$120K
MEDIAN: $82,367
10%
50%
90%

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$17.00 - $35.79
(Median)
$17
$24
$36
MEDIAN: $23.00
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
$47,885 - $116,139  
   
Bonus
$1,014 - $18,040  
Profit Sharing
$0.00 - $10,442  
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).
)
$45,884 - $123,621  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 274
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
$17.00 - $35.79  
   
Overtime
$39.16  
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
$1,014 - $18,040  
   
Profit Sharing
$0.00 - $10,442  
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).
)
$45,884 - $123,621  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 24
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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 it's uncommon, some Managers of Accounting & Financial Reporting move into roles as Corporate Controllers, where they can earn incomes averaing out to a slightly higher $93K per year. Managers of Accounting & Financial Reporting most frequently become Accounting Managers and Financial Controllers even though median compensation is $22K lower and $6K lower, respectively.

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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 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 beginner in this position makes around $77K, but folks who have been around for five to 10 years see a markedly higher median salary of $89K. Managers of Accounting & Financial Reporting bring in $89K after working for 10 to 20 years. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $72K.

Pay Difference by Location

National Average: $82,902

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

Managers of Accounting & Financial Reporting will find that Boston offers an impressive pay rate, one which exceeds the national average by 39 percent. Managers of Accounting & Financial Reporting can also look forward to large paychecks in cities like San Francisco (+35 percent), New York (+24 percent), Los Angeles (+21 percent), and Tampa (+19 percent). Dallas ranks last in the field for pay, reporting salaries 14 percent below the national average. A couple other locations with smaller-than-average paychecks include Cincinnati (9 percent lower) and Minneapolis (4 percent lower).

Related Job Salaries

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Experience Affects Manager of Accounting & Financial Reporting Salaries



National Average
$83,000



Skills That Affect Manager of Accounting & Financial Reporting Salaries


Financial Reporting
0%

National Average
$83,000

Microsoft Excel
up arrow 2%

Accounting
up arrow 4%


Human Resources
up arrow 25%


Accounts Receivable
up arrow 46%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 38 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

1-4 years
9%
5-9 years
32%
10-19 years
35%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 69%
medical benefits
Vision: 57%
dental benefits
None: 14%
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