upper level job

How much does a Financial Accountant I make?

As of April 01, 2025, the average annual salary for a Financial Accountant I in the United States is $61,920. According to Salary.com, salaries can range from a low of $52,234 to a high of $73,994, with most professionals earning between $56,850 and $68,240.

Financial Accountant I Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $68,240 $5,687 $1,312 $33
Average $61,920 $5,160 $1,191 $30
25th Percentile $56,850 $4,738 $1,093 $27

Average Salary

25% $56,850 10% $52,234 90% $73,994 75% $68,240 $61,920 50%(Median)
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How much does a Financial Accountant I make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Financial Accountant I salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Financial Accountant I is about $61,920 a year, this translates to an approximate hourly rate of $30, a monthly salary of about $5,160, and a weekly pay of around $1,191 . Click the switch button below to see more details about Financial Accountant I hourly pay, weekly pay, monthly pay, and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Financial Accountant I's Salary?

An entry-level Financial Accountant I with less than 1 year of experience earns about $61,542. With 1-2 years of experience, the average salary increases to $62,109. For 2-4 years of experience, the pay typically rises to $63,524. Senior-level professionals with 5-8 years of experience earn around $63,807, and those with over 8 years of experience can expect an average of $63,995.

Levels Salary
Entry Level Financial Accountant I $61,542
Intermediate Level Financial Accountant I $62,109
Senior Level Financial Accountant I $63,524
Specialist Level Financial Accountant I $63,807
Expert Level Financial Accountant I $63,995
$61,542 0 yr
$62,109 < 2 yrs
$63,524 2-4 yrs
$63,807 5-8 yrs
$63,995 > 8 yrs
Last Updated on April 01, 2025
Entry Level 1%
Mid Level 0%
Senior Level 3%
Top Level 3%
Experienced 3%
View as graph
Last Updated on April 01, 2025

How much does salary of Financial Accountant I vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Financial Accountant I is $77,340.
  • In New York, NY, the average annual salary is $71,760.
  • In Boston, MA, a Financial Accountant I earns $69,060 per year.

What is the salary trend of Financial Accountant I?

As of April 01, 2025, our research reveals a significant shift in Financial Accountant I compensation over the past six years. For example, the median salary increased from $55,452 in 2023 to approximately $55,364 in 2024. (For a detailed analysis of Financial Accountant I salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Financial Accountant I Over Time

2020
$???
2021
$???
2022
$???
$55,452
2023
$55,364
2024
$55,152
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$55,452
2024
$55,364
2025
$55,152
2026
$???
Last Updated on April 01, 2025

Financial Accountant I Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $55,452
2024 $55,364
2025 $55,152
2026 View More
Last Updated on April 01, 2025

Job Openings of Financial Accountant I

Salary.com job board provides millions of Financial Accountant I information for you to search for. Click on search button below to see Financial Accountant I job openings or enter a new job title here.

Most Common Benefits for Financial Accountant I

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.9%
Bonuses 0.0%
Social Security 5.3%
401k/403b 2.9%
Disability 1.4%
Healthcare 9.3%
Pension 3.7%
Time Off 8.5%
Core Compensation
Core Compensation Median % of Total
Base Salary $61,920 68.9%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $4,737 5.3%
401K/403B $2,601 2.9%
Disability $1,238 1.4%
Healthcare $8,352 9.3%
Pension $3,344 3.7%
Time Off $7,621 8.5%
Total Compensation $89,813 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Financial Accountant I with different levels of education?

Salaries for Financial Accountant I with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Financial Accountant I with a Associate's Degree is $59,463 - $62,723. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Financial Accountant I Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Financial Accountant I
Degree Level % of user with this level of education
No Diploma 3.8%
High School 7.3%
Associates 10.9%
Bachelors 59.5%
Masters 17.7%
Doctorate 0.8%
Typical Education for Financial Accountant I
No Diploma 3.8%
High School 7.3%
Associates 10.9%
Bachelors 59.5%
Masters 17.7%
Doctorate 0.8%
view as table

Financial Accountant I Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Financial Accountant I

1. What is the richest type of accountant?

The richest type of accountant often includes roles like Financial Controller and Chartered Accountant. For instance, a Financial Accountant typically earns between $58,000 and $70,020, with a median salary of $63,660. These positions are among the highest paying in the accounting field, reflecting the expertise and responsibilities involved.

2. How much is an accountant paid in the USA?

How Much Does a Financial Accountant Make in the US? The salary range for a Financial Accountant is between $58,000 and $70,020, with a median salary of $63,660. This reflects the typical earnings for this role, which may vary based on experience and location.

3. Is it hard to be a financial accountant?

Becoming a financial accountant can be challenging due to the detailed nature of the work. You'll engage deeply with financial records and advanced accounting concepts, requiring strong critical thinking skills. The salary range for financial accountants typically falls between $58,000 and $70,020, reflecting the expertise and dedication needed in this field.

4. Do accountants make good money in the USA?

Accountants can earn a competitive salary in the USA. For financial accountants, the salary ranges from a minimum of $58,000 to a mid-level salary of $63,660, with a maximum reaching $70,020. With experience and certifications like a CPA, these figures can increase, making accounting a promising career choice.

5. Who are the Big 4 accounting firms?

Measured by revenue, the Big Four global accounting firms include Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and KPMG. These firms offer a range of services such as auditing, tax, strategy and management consulting, valuation, market research, assurance, and legal advisory services. Financial Accountants in these firms typically earn between $58,000 and $70,020, with a median salary of $63,660.

6. Do accountants make 7 figures?

Accountants typically earn between $58,000 and $70,020 annually, with a mid-salary of $63,660. While some specialized roles can lead to higher earnings, reaching a 7-figure salary is uncommon for most accountants. The average salary for accountants is below the 7-figure mark, reflecting the typical income range in the profession.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Financial Accountant I is $61,920 per year in the United States, updated at April 01, 2025.
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