Senior Manager Accountant Salary
With more than three-quarters of Senior Manager Accountants 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 $51K to $174K per year and averages out to $90K per year. Location and tenure each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and the greater part earn dental coverage. Work is enjoyable for Senior Manager Accountants, who typically claim high levels of job satisfaction. Men are in the minority of survey respondents, with female Senior Manager Accountants making up 71 percent.
|Salary||$49,757 - $157,371|
|Bonus||$2,966 - $35,493|
|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).)
|$50,898 - $173,617|
|Bonus||$2,966 - $35,493|
|Total Pay (||$50,898 - $173,617|
Job Description for Senior Manager Accountant
Senior management accountants are responsible for a wide range of day-to-day, quarterly, semiannual, and annual business-related tasks. These routine tasks include generating cash reports, sales tax calculations, budgeting, forecasting future needs, payroll, and fund consolidation. Others include investment reporting, asset accountability, bank reconciliation, processing accounts receivable/payable, and ordering supplies and inventory. These professionals also schedule and oversee staff performance, providing guidance and discipline as needed. This is generally a full time position that takes place in an office setting, although overtime may be required as deadlines approach. Additionally, coaching, mentoring, and handling other staff issues may require extended working hours.Read More...
Senior management accountants are employed in many industries and organizations, including retail stores, service-oriented businesses, manufacturing companies, and others. In all of these organizations, the senior management accountant helps provide a barometer for the financial health of the business. These professionals generally report directly to upper management, chief financial officers, and business owners. They must know their industry well, provide accurate information to managers, and know how to promote strategic business growth.
A bachelor's degree in finance, accounting, management, or a related field is generally the minimum educational requirement for this position. Candidates often must have at least three years' account management experience. In addition, senior manager accountants must be detail oriented, proficient in the latest relevant computer technology, have communication skills, and have proven analytical ability.
Senior Manager Accountant Tasks
- Ensure internal policies and procedures are followed, as well as state and federal regulations.
- Oversee day-to-day accounting operation activities; manage accountant staff and give technical direction.
- Monitor preparation of financial records, statements and reports.
Common Career Paths for Senior Manager Accountant
Senior Manager Accountants do not often transition into Accounting Firm Partner roles. The role averages $197K per year. With an annual salary of $105K, Finance Director is the most common role for Senior Manager Accountants to subsequently assume on their way up the ladder. Transitioning into a Certified Public Accountant role — which usually pays $59K — is also typical for Senior Manager Accountants, though less common by comparison.
Popular Skills for Senior Manager Accountant
Senior Manager Accountants seem to require a number of specific skills. Most notably, skills in Accounting, Microsoft Excel, Microsoft Word, and Project Management are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Microsoft Office, Project Management, and Microsoft Word. Most people familiar with Microsoft Excel also know Microsoft Word.
Pay by Experience Level for Senior Manager Accountant
Pay by Experience for a Senior Manager Accountant has a positive trend. An entry-level Senior Manager Accountant with less than 5 years of experience can expect to earn an average total compensation of $54,000 based on 10 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Manager Accountant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $91,000 based on 25 salaries. An experienced Senior Manager Accountant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $100,000 based on 45 salaries. A Senior Manager Accountant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $95,000 based on 23 salaries.
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Key Stats for Senior Manager Accountant
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