Senior Financial Accountant Salary

Median pay for Senior Financial Accountants in the United States is around $70K annually. In the world of Senior Financial Accountants, total cash compensation can vary between $50K and $93K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $10K and $15K, respectively. Location is the biggest factor affecting pay for this group, followed by career length. Job satisfaction is high and work is enjoyable for most Senior Financial Accountants. The majority of Senior Financial Accountants (61 percent) who took the survey are female. Medical benefits are awarded to most, and a strong majority earn dental coverage. Respondents to the PayScale salary survey provided the data for this report.
Read More
$50,910 - $87,778
(Median)
$51K
$70K
$88K
MEDIAN: $70,385
10%
50%
90%

Add this chart to your site: 640px    300px

$16.79 - $43.63
(Median)
$17
$22
$44
MEDIAN: $21.00
10%
50%
90%

Add this chart to your site: 640px    300px

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
$50,910 - $87,778  
   
Bonus
$966 - $10,330  
Profit Sharing
$2.21 - $14,681  
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).
)
$49,959 - $93,058  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 227
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
$16.79 - $43.63  
   
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
$966 - $10,330  
   
Profit Sharing
$2.21 - $14,681  
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).
)
$49,959 - $93,058  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 13
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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

Search for more jobs:

Popular Skills for Senior Financial Accountant


Survey results show that Senior Financial Accountants use a fair number of skills. Most notably, skills in Accounting, General Ledger Accounting, Month-End Close, and Financial Reporting are correlated to pay that is above average, with boosts between 4 percent and 8 percent. Skills that are correlated to lower pay, on the other hand, include Financial Analysis. The majority of those who know Financial Analysis also know Microsoft Excel.

Pay by Experience Level for Senior Financial Accountant

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


Senior Financial Accountants do not generally earn higher incomes from more experience in the field. Folks who are navigating the first five years of their careers have a median salary of approximately $70K in this position. Those who have been around for five to 10 years don't get much more, though; the median salary in that group is $70K. Senior Financial Accountants who work for 10 to 20 years in their occupation tend to earn about $75K. In the end, more experience does seem to mean larger paychecks; seasoned Senior Financial Accountants with more than 20 years of experience earn a predictably higher median salary of $81K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Senior Financial Accountant Salaries



National Average
$73,000



Skills That Affect Senior Financial Accountant Salaries

Accounting
up arrow 8%

General Ledger Accounting
up arrow 5%

Month-End Close
up arrow 4%

Financial Reporting
up arrow 1%

National Average
$73,000

Microsoft Excel
up arrow 1%

Financial Analysis
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 35 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

1-4 years
18%
5-9 years
38%
10-19 years
26%
20 years or more
19%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 78%
vision benefits Vision: 68% employee benefits None: 8%
ADVERTISEMENT