1. How much do reporting managers make in the US?
As of January 23, 2025, Financial Statements and Reporting Managers in the United States earn between $125,250 and $157,870 annually, with a median salary of $140,290. This translates to approximately $60.19 to $75.88 per hour, or $2,404 to $3,157 per week, and $10,417 to $13,750 per month.
2. What is the difference between a financial manager and a CPA?
The primary distinction between a financial manager and a CPA lies in their roles. While CPAs focus on recording and reporting financial data, financial managers oversee an organization's assets and liabilities, guiding strategic financial decisions. In terms of compensation, financial managers typically earn between $125,250 and $157,870, with a median salary of $140,290.
3. What do reporting managers do?
A reporting manager plays a crucial role in overseeing and coordinating the reporting processes within an organization. Their responsibilities typically include gathering and analyzing data, creating insightful reports, and presenting findings to key stakeholders. The salary for this position ranges from $125,250 to $157,870, with a midpoint of $140,290.
4. What is the highest paid financial manager?
The highest paid Financial Statements and Reporting Manager can expect a salary up to $157,870. In comparison, a Finance Manager typically earns between $148K and $247K per year, while a Senior Finance Manager's salary ranges from $164K to $242K, and a Director of Finance can earn between $160K and $265K annually.
5. What is the highest paying manager position?
The highest paying manager position is often the Financial Statements and Reporting Manager, with salaries ranging from $125,250 to $157,870, with a mid-salary of $140,290. This role is crucial in overseeing financial reporting and ensuring compliance, making it highly sought after in the competitive job market.
6. Why managers are usually highly paid?
Managers are usually highly paid due to the significant responsibilities they carry. They oversee critical operations and are accountable for outcomes, which places them under greater scrutiny. For instance, a Financial Statements and Reporting Manager can earn between $125,250 and $157,870, reflecting the importance of their role in ensuring financial accuracy and compliance.