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Senior Financial Accountant Salary

Senior Financial Accountants in the United States can expect wages of $70K annually on average. Geography is the biggest factor affecting pay for this group, followed by career length. More than half of Senior Financial Accountants (61 percent) survey participants are women. Work is enjoyable for Senior Financial Accountants, who typically claim high levels of job satisfaction. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.
$50,171 - $86,757
(Median)
50K
60K
70K
79K
87K
MEDIAN: $70,246
10%
25%
50%
75%
90%

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$16.61 - $44.70
(Median)
17
27
40
45
MEDIAN: $26.00
10%
50%
75%
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$32K$64K$96K
Salary
$50,171 - $86,757  
   
Bonus
$983 - $10,393  
Profit Sharing
$3,955 - $11,280  
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).
)
$49,930 - $93,656  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 175
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$16$32$48
Hourly Rate
$16.61 - $44.70  
   
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$32K$64K$96K
Bonus
$983 - $10,393  
   
Profit Sharing
$3,955 - $11,280  
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).
)
$49,930 - $93,656  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 10
United States (change)

Job Description for Senior Financial Accountant

A senior financial accountant is primarily responsible for the collection and analysis of financial information for their organization, as well as advising the business on financial decisions. This accountant is the upper-level financial officer within a business, responsible for analyzing the economic stability of their organization. They assist other executive staff members by providing financial reporting, guidance, and knowledge. A senior financial accountant is required to advise employers and staff members regarding investments, report costs and productivity, analyze and report margins, report expenditures, and offer financial recommendations.

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Senior Financial Accountant Tasks

  • Advise teams and management about current and forecasted states.
  • Analyze data, create invoices and statements, and identify problems.
  • Maintain account journals, reconcile accounts and update reports.
  • Design process improvements, test them, and implement them.

Senior Financial Accountant Job Listings

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Popular Skills for Senior Financial Accountant


Survey results suggest that Senior Financial Accountants use a fairly large toolkit of professional skills. Most notably, skills in General Ledger Accounting, Microsoft Excel, Accounting, and Financial Reporting are correlated to pay that is above average, with boosts between 6 percent and 16 percent. Those familiar with Financial Analysis also tend to know Microsoft Excel.

Pay by Experience Level for Senior Financial Accountant

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


More years of relevant experience do not necessarily translate to higher paychecks. Survey participants with less than five years' experience report a median income of $69K, and earnings aren't much higher for respondents who have five to 10 years under their belts; respondents in the latter group report a median of just $70K. Senior Financial Accountants see a median salary of $76K after reaching one to two decades on the job. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $82K.

Related Job Salaries

Experience Affects Senior Financial Accountant Salaries

Late-Career
up arrow 12%

Experienced
up arrow 4%

National Average
$73,000



Skills That Affect Senior Financial Accountant Salaries

General Ledger Accounting
up arrow 16%

Microsoft Excel
up arrow 7%

Accounting
up arrow 6%

Financial Reporting
up arrow 2%

National Average
$73,000

Financial Analysis
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 32 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

1-4 years
18%
5-9 years
38%
10-19 years
24%
20 years or more
19%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 79%
vision benefits Vision: 67% employee benefits None: 9%