Senior Manager Accountant Salary
Senior Manager Accountants in the United States with more than 10 years of experience in their profession represent approximately three in four of Senior Manager Accountants. Salaries average out to around $81K annually and spread from $45K to $162K per year. Geography is the biggest factor affecting pay for this group, followed by career duration. Female Senior Manager Accountants make up most of the survey respondents at 75 percent. Medical benefits are awarded to most, and the greater part earn dental coverage. Job satisfaction is reported as high by the vast majority of workers. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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
- Monitor preparation of financial records, statements and reports.
- Oversee day-to-day accounting operation activities; manage accountant staff and give technical direction.
- Ensure internal policies and procedures are followed, as well as state and federal regulations.
Common Career Paths for Senior Manager Accountant
Senior Manager Accountants who transition into an Accounting Firm Partner role may receive large pay increases as the latter position pays an average $198K per year. Going from Senior Manager Accountant to Certified Public Accountant is the transition that occurs most often in this field, and the average paycheck for Certified Public Accountants is $59K. Many others choose to work as Finance Directors, where pay is typically $104K.
Senior Manager Accountant Job Listings
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Popular Skills for Senior Manager Accountant
Typical Senior Manager Accountants report a focused set of job skills. Most notably, skills in Accounting, Microsoft Excel, Project Management, and Microsoft Word are correlated to pay that is above average. At the other end of the pay range are skills like Microsoft Office, Microsoft Word, and Project Management. Those proficient in Microsoft Excel are, more often than not, also skilled in Microsoft Word.
Pay by Experience Level for Senior Manager Accountant
Median of all compensation (including tips, bonus, and overtime) by years of experience.
In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Although individuals who have less than five years' experience earn $60K on average, people with five to 10 years benefit from a notably larger average of $80K. After working for 10 to 20 years, Senior Manager Accountants make a median salary of $84K. Old hands who claim more than two decades on the job enjoy average earnings of $91K.