How much does a Financial Reporting Accountant I make in Minneapolis, MN? The average Financial Reporting Accountant I salary in Minneapolis, MN is $70,110 as of May 28, 2024, but the range typically falls between $63,035 and $78,705. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Financial Reporting Accountant I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Financial Reporting Accountant I Salary $56,594 Minneapolis,MN May 28, 2024
25th Percentile Financial Reporting Accountant I Salary $63,035 Minneapolis,MN May 28, 2024
50th Percentile Financial Reporting Accountant I Salary $70,110 Minneapolis,MN May 28, 2024
75th Percentile Financial Reporting Accountant I Salary $78,705 Minneapolis,MN May 28, 2024
90th Percentile Financial Reporting Accountant I Salary $86,530 Minneapolis,MN May 28, 2024
25% $63,035 10% $56,594 90% $86,530 75% $78,705 $70,110 50%(Median) Didn’t find job title? Click
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What skills does a Financial Reporting Accountant I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Accounts Payable: Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

3.

Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.

Analysis 7.15%
Accounts Payable 2.13%
Billing 1.03%
Others 89.69%

Job Description for Financial Reporting Accountant I

Financial Reporting Accountant I prepares periodic financial statements required for external reporting. Collects and analyzes financial data, ensuring that all reporting is in compliance with SEC and GAAP reporting regulations and guidelines. Being a Financial Reporting Accountant I consolidates entries and accounts to be utilized in financial statements. Prepares internal reports as required. Additionally, Financial Reporting Accountant I researches accounting rules and regulations and makes recommendations regarding company policy. May provide support and assistance to external auditors. Requires a bachelor's degree of Accounting or Finance. Typically reports to a supervisor or manager. The Financial Reporting Accountant I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Financial Reporting Accountant I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Financial Reporting Accountant I in Minneapolis, MN
  • About DSB Rock Island. DSB Rock Island is a leading, growing and well-established accounting firm with over 70+ years of experience serving the needs of pr...
    - 5 Days Ago
  • Financial Reporting Manager. We are working with a corporation headquartered in the Minneapolis/Twin Cities area who is looking to add a Financial Reportin...
    - 1 Day Ago
  • Manger of Financial Reporting. The Manager of Financial Reporting will manage the process to complete projects and recurring activities within three primar...
    - 4 Days Ago
  • Manger of Financial Reporting. The Manager of Financial Reporting will manage the process to complete projects and recurring activities within three primar...
    - 4 Days Ago
  • Financial Reporting & Technical Accounting Senior. Our client is a platform focused on bringing people together, in the US and across the world. My client ...
    - 1 Day Ago

Career Path for Financial Reporting Accountant I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Financial Reporting Accountant I, the upper level is Financial Reporting Accountant II and then progresses to Financial Reporting Accountant IV.

Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and... More
Fiscal Year Ended in 2022
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Financial Reporting Accountant I salary varies from city to city. Compared with national average salary of Financial Reporting Accountant I, the highest Financial Reporting Accountant I salary is in San Francisco, CA, where the Financial Reporting Accountant I salary is 25.0% above. The lowest Financial Reporting Accountant I salary is in Miami, FL, where the Financial Reporting Accountant I salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Financial Reporting Accountant I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
63035
78705
70110

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
64794
81855
72478
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Financial Reporting Accountant I in Minneapolis, MN. The base salary for Financial Reporting Accountant I ranges from $63,035 to $78,705 with the average base salary of $70,110. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $64,794 to $81,855 with the average total cash compensation of $72,478.
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63035
78705

 

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About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago    View the Cost of Living in Minneapolis, Minnesota

Financial Reporting Accountant I Salary in popular cities: Saint PaulRochesterDuluth

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