How much does a Financial Reporting Accountant I make in Rockford, IL? The average Financial Reporting Accountant I salary in Rockford, IL is $64,559 as of May 28, 2024, but the range typically falls between $58,045 and $72,474. 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 $52,114 Rockford,IL May 28, 2024
25th Percentile Financial Reporting Accountant I Salary $58,045 Rockford,IL May 28, 2024
50th Percentile Financial Reporting Accountant I Salary $64,559 Rockford,IL May 28, 2024
75th Percentile Financial Reporting Accountant I Salary $72,474 Rockford,IL May 28, 2024
90th Percentile Financial Reporting Accountant I Salary $79,680 Rockford,IL May 28, 2024
25% $58,045 10% $52,114 90% $79,680 75% $72,474 $64,559 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 Rockford, IL
  • ARE YOU A CURRENT US FOODS EMPLOYEE. PLEASE APPLY DIRECTLY THROUGH OUR INTERNAL WORKDAY CAREER SITE. Join Our Community of Food People. The Manager II Fina...
    - Just Posted
  • Vice President, Financial Reporting. About the Company. Globally-recognized market research & analytics firm. Industry. Market Research. Type. Privately He...
    - 2 Days Ago
  • Job Description (On-site, one day WFH flex). We are seeking an experienced Financial Reporting Manager to lead our consolidated joint venture and corporate...
    - 3 Days Ago
  • Summary. Tootsie Roll Industries, Inc. (the “Company”) has been manufacturing iconic confectionary brands such as Tootsie Roll, Tootsie Pops, Blow Pops, Do...
    - 3 Days Ago
  • Seeking a seasoned professional to fill the role of Senior Manager of Financial Reporting at a renowned distribution company. This position involves overse...
    - 4 Days 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

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

Average Base Salary

Core compensation

 
 
 
58045
72474
64559

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
59664
75374
66740
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 Rockford, IL. The base salary for Financial Reporting Accountant I ranges from $58,045 to $72,474 with the average base salary of $64,559. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $59,664 to $75,374 with the average total cash compensation of $66,740.
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58045
72474

 

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About Rockford, Illinois    Rockford is a city in Winnebago County in the U.S. state of Illinois, in far northern Illinois. Located on the banks of the Rock River, Rockford is t....More

Rockford, Illinois  area prices were up 1.3% from a year ago    View the Cost of Living in Rockford, Illinois

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