$54,623
Avg. Salary
$20.19
Avg. Hourly Rate

Average additional compensation:

$2,528

Bonus

$2,013

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Financial Accountant is $20.19 per hour.

The average pay for a Financial Accountant is $54,623 per year.

10%
$13.81
10%
$20.19
50%
$29.88
90%
90%
MEDIAN $20.19
10%
$41k
10%
$55k
50%
$76k
90%
90%
MEDIAN $54,623
$40,530 - $75,797
$41K
$55K
$76K
MEDIAN: $54,623
10%
50%
90%

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$13.81 - $29.88
$14
$20
$30
MEDIAN: $20.19
10%
50%
90%

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$0$78K
Salary $40,530 - $75,797
Bonus $302 - $9,964
Profit Sharing $302 - $11,150
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).
)
$37,573 - $78,926
  • Country: United States
  • Currency: USD
  • Updated: 15 May 2019
  • Individuals Reporting: 843
Hourly Data $0$41
Hourly Rate $13.81 - $29.88
Overtime $23.28 - $41.82
Annual Data $0$78K
Bonus $302 - $9,964
Profit Sharing $302 - $11,150
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).
)
$37,573 - $78,926
  • Country: United States
  • Currency: USD
  • Updated: 15 May 2019
  • Individuals Reporting: 183

Job Description for Financial Accountant

Financial accountability is pivotal to maintaining a healthy business, and financial accountants conduct a number of functions to ensure this is possible. They manage payroll, taxes, income, spending, and educating their employer on financial information. Work days for financial accountants can be a bit longer than a standard 9-to-5 job, because of strict deadlines on all projects that financial accountants are given. Generally, financial accountants do not need to work directly with employees; if they discover discrepancies with posted reports, they inform management.

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Financial Accountant Pay By Employer

$0$51K

Glencore Ltd.
7 profiles
$49,721

Common Career Paths for Financial Accountant


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Though some Financial Accountants move into positions like Chief Financial Officer (where the average salary is $123K), this progression is not the norm. When Financial Accountants are ready for the next step in their careers, they often become Senior Accountants or Financial Controllers. Those roles pay an additional $6K and $24K, respectively.

Financial Accountant Job Listings

Popular Skills for Financial Accountant


Survey takers working as Financial Accountants report using a large range of professional skills. Most notably, skills in Financial Applications, Financial Analysis, Data Analysis, and General Ledger Accounting are correlated to pay that is above average. At the other end of the pay range are skills like Accounts Payable, Accounts Receivable, and Microsoft Office. It is often found that people who know Financial Reporting are also skilled in Financial Analysis and Microsoft Excel. People who know Month-End Close usually also know Microsoft Excel and Financial Analysis.

Pay by Experience Level for Financial Accountant

Pay by Experience for a Financial Accountant has a positive trend. An entry-level Financial Accountant with less than 5 years of experience can expect to earn an average total compensation of $51,000 based on 299 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Accountant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $56,000 based on 178 salaries. An experienced Financial Accountant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $56,000 based on 127 salaries. A Financial Accountant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $55,000 based on 85 salaries.

Pay Difference by Location

14%

12%

12%

-1%

-15%

National Average: $53,903

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

Financial Accountants will find that San Jose offers an impressive pay rate, one which exceeds the national average by 40 percent. Financial Accountants can also look forward to large paychecks in cities like Minneapolis (+25 percent), Philadelphia (+21 percent), Houston (+15 percent), and New York (+13 percent). Falling short of the national average by 17 percent, the area with the worst salaries is Oklahoma City. Employers pay around 16 percent less in Columbus and 14 percent less in St. Louis, below-median salaries for those in this field.

Financial Accountant Reviews

Q: What is it like working as a Financial Accountant?

Financial Accountant in San Antonio:
"Great City for Business."
Pros: Plenty of Opportunities
Cons: Traffic and commute

Financial Accountant in Minneapolis:
"Great Company."
Pros: The trust my company has in me to do my job and do it well.
Cons: Pay structure could be better in the Operations department. This differs from department to department within the company.

Financial Accountant in Atlantic City:
"Underpaid, overworking."
Pros: Managers are relaxed, understanding, and helpful
Cons: It may get boring at certain times of the month. In my position I need to stay past my shift time, leading to unpaid overtime

Financial Accountant in Ashland:
Pros: Talent pool is very small here making it easier to be the best qualified for any given job. It's beautiful here
Cons: Job opportunities are very few here and too much smoke from fires for a few months in the summer

Financial Accountant in Overland Park:
Pros: The causal dress, working alone, organizing data.
Cons: Thevsoftware that were use is not the best, have to research issues with it not giving correct data.

Financial Accountant in Columbus:
"They'll Pay Me When They See."
Do not settle for lower compensation to get in the door thinking you will be properly compensated once you show them what you can do.

Financial Accountant in Atlanta:
"Summary."
Pros: Corporate cultures, colleagues, company mission.
Cons: Lack of growth potential, no upward mobility.

Related Job Salaries

Key Stats for Financial Accountant

Gender

Female
71 %
Male
29 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 168 votes.
Less than 1 year
6%
1-4 years
40%
5-9 years
22%
10-19 years
19%
20 years or more
13%

Experience Affects Financial Accountant Salaries

▲5%

▲3%

▲2%

National Average
$54,000

▼5%

Skills That Affect Financial Accountant Salaries



National Average
$54,000



Financial Reporting
▼2%

Month-End Close
▼2%

Budget Management
▼2%

Accounting
▼3%





Payroll Administration
▼6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 168 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
6%
1-4 years
40%
5-9 years
22%
10-19 years
19%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 71%
vision benefits
Vision: 60%
no benefits
None: 17%