$71,682
Avg. Salary
$24.79
Avg. Hourly Rate

Average additional compensation:

$3,506

Bonus

$2,928

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Senior Financial Accountant is $24.79 per hour.

The average pay for a Senior Financial Accountant is $71,682 per year.

10%
$18.51
10%
$24.79
50%
$44.70
90%
90%
MEDIAN $24.79
10%
$53k
10%
$72k
50%
$88k
90%
90%
MEDIAN $71,682
$52,987 - $88,043
$53K
$72K
$88K
MEDIAN: $71,682
10%
50%
90%

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$18.51 - $44.70
$19
$25
$45
MEDIAN: $24.79
10%
50%
90%

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$0$91K
Salary $52,987 - $88,043
Bonus $734 - $10,303
Profit Sharing $97.44 - $6,082
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).
)
$53,155 - $91,133
  • Country: United States
  • Currency: USD
  • Updated: 15 Mar 2019
  • Individuals Reporting: 237
Hourly Data $0$44
Hourly Rate $18.51 - $44.70
Overtime $39.20
Annual Data $0$91K
Bonus $734 - $10,303
Profit Sharing $97.44 - $6,082
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).
)
$53,155 - $91,133
  • Country: United States
  • Currency: USD
  • Updated: 15 Mar 2019
  • Individuals Reporting: 10

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

Common Career Paths for Senior Financial Accountant


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Senior Financial Accountants who transition into an upper level Financial Controller position will not necessarily make much more than they do in their current role. The average Financial Controller makes $77K a year. An Accounting Manager role is the most common promotion for Senior Financial Accountants moving up the ladder. Pay for this role tends to be $61K per year. Another typical, albeit less common, transition for Senior Financial Accountants is a Senior Financial Analyst position, where earnings are usually $76K.

Senior Financial Accountant Job Listings

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 Accounting, Month-End Close, Financial Analysis, and General Ledger Accounting are correlated to pay that is above average. Those educated in Financial Analysis tend to be well versed in Microsoft Excel.

Pay by Experience Level for Senior Financial Accountant

Pay by Experience for a Senior Financial Accountant has a positive trend. An entry-level Senior Financial Accountant with less than 5 years of experience can expect to earn an average total compensation of $69,000 based on 55 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior 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 $73,000 based on 68 salaries. An experienced Senior Financial Accountant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $72,000 based on 54 salaries. A Senior 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 $81,000 based on 20 salaries.

Pay Difference by Location

17%

1%

-13%

National Average: $73,275

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

For Senior Financial Accountants, working in the bustling city of New York has its advantages, including an above-average pay rate. Senior Financial Accountants will also find cushy salaries in Houston (+19 percent), Seattle (+4 percent), Los Angeles (+4 percent), and Chicago (+3 percent). Cleveland is the lowest-paying area, 12 percent south of the national average.

Related Job Salaries

Key Stats for Senior Financial Accountant

Gender

Female
62 %
Male
38 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.
1-4 years
24%
5-9 years
34%
10-19 years
27%
20 years or more
15%

Experience Affects Senior Financial Accountant Salaries

▲10%

▼0%

National Average
$73,000

▼2%

▼6%

Skills That Affect Senior Financial Accountant Salaries

Accounting
▲7%

Month-End Close
▲3%

National Average
$73,000

General Ledger Accounting
▼1%


Financial Reporting
▼2%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

1-4 years
24%
5-9 years
34%
10-19 years
27%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 80%
vision benefits
Vision: 72%
no benefits
None: 10%