Sunday, December 22, 2019
2019 Accounting Manager Salary Expectations
2019 Accounting Manager Salary Expectations2019 Accounting Manager Salary ExpectationsMaybe youre a staff accountant looking to advance your career. Or an experienced senior accountant interested in taking on a leadership role in your organizations accounting department. Regardless of where youre coming from, youll find a job as an accounting manager to be highly rewarding - and the accounting manager salary equally so.Accounting managers are on the 2019 Robert Half Salary Guide for Accounting and Finance Professionals list of hot positions, which points to their high demand and salary levels.Before we get into what it takes to become an accounting manager, in terms of duties, expectations, experience and skills, lets look at what you can earn in this role.Accounting manager salary benchmarksThe latest Salary Guide research shows the midpoint salary for an accounting manager is $92,000.Salaries listed in the Salary Guide reflect starting pay only and are based on actual placements t hroughout the United States, as well as an analysis of the demand for the role, the supply of talent and other market conditions. Bonuses and benefits are elend taken into account.At the midpoint, candidates have average experience with the necessary skills to meet the job requirements, and the role may be in an industry where competition for talent is moderate.Use our Salary Calculator to find out what accounting manager salary you can expect in your city. Duties and expectationsAs an accounting manager, youll be responsible for a team of accountants, the number of which will depend on the size of your organization. Youll report to senior-level members, such as your companys CFO or controller. Duties includePreparing and/or reviewing appropriate ledger entries and reconciliationsMaintaining the general ledger systemPreparing monthly, quarterly and annual financial statements assisting with regulatory rep ortingResearching accounting issues for compliance with GAAPCoordinating the budget processHiring, training and supervising accounting staffExperience and skillsAccounting managers are highly educated. While specific requirements will vary depending on the organization, you will need a bachelors degree in accounting, finance or business, and, in some cases, a masters degree. Employers will also ask for at least five years of experience, and many require finance and accounting certifications, such as the CPA, Certified Management Accountant (CMA) or Chartered Global Management Accountant (CGMA).You should be comfortable with common financial software such as Intuit QuickBooks, and you may need experience with accounting automation. For many companies, proficiency with Enterprise Resource Planning (ERP) systems is also in demand.The best accounting managers have leadership abilities. Youll regularly be called on to motivate your team and encourage collaboration so that staff feel valu ed and realize they play an integral part of the organizations overall success.Aside from technical skills, hiring managers often have a list of soft skills accounting and finance candidates should have - including communication and analytical abilities. Communication skills are crucial because accounting managers often serve as a liaison between their staff and the CFO or controller. Because youll constantly be evaluating and refining your organizations accounting procedures, strong analytical skills are also vital.Trying to find the right full-time accounting manager for your open role? We can help with that REQUEST TALENT
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.