Salary AI Book a Demo
upper level job

Entry Financial Reporting Accountant Salary in the United States

How much does an Entry Financial Reporting Accountant make in the United States?

As of October 01, 2026, the average salary for an Entry Financial Reporting Accountant in the United States is $69,100 per year, which breaks down to an hourly rate of $33.

However, an Entry Financial Reporting Accountant's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $78,461
  • Majority Range (25th-75th percentile): $64,100 to $74,000
  • Entry-Level (10th percentile): $59,548
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Entry Financial Reporting Accountant Salaries

An Entry Financial Reporting Accountant's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Entry Financial Reporting Accountant Salaries?

Experience is a primary driver of an Entry Financial Reporting Accountant's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry Financial Reporting Accountant (0-2 years): $69,019
  • Financial Statements and Reporting Accountant II (2-4 years): $78,331
  • Financial Statements and Reporting Accountant III (4-7 years): $94,089
  • Financial Statements and Reporting Accountant IV (7+ years): $109,545
  • Financial Statements and Reporting Supervisor (7+ years): $118,467
Job Role Years of Experience Average Salary
Entry Financial Reporting Accountant0-2 years$69,019
Financial Statements and Reporting Accountant II2-4 years$78,331
Financial Statements and Reporting Accountant III4-7 years$94,089
Financial Statements and Reporting Accountant IV7+ years$109,545
Financial Statements and Reporting Supervisor7+ years$118,467
View as Graph

How Do Entry Financial Reporting Accountant Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Entry Financial Reporting Accountants. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $76,500.
  • California: $76,200.
  • Massachusetts: $75,200.

Top Paying Cities for Entry Financial Reporting Accountants

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $87,100
  • San Francisco: $86,200
  • Oakland: $84,300

What Skills Can Increase an Entry Financial Reporting Accountant's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 7.26% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Accounts Payable (Mentioned in 2.16% Job Postings): 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.
  • Financial Analysis (Mentioned in 1.07% Job Postings): Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.
Skills Demand Percentage
Analysis 7.26%
Accounts Payable 2.16%
Financial Analysis 1.07%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on an Entry Financial Reporting Accountant's salary.

  • Flexibility: Can increase your salary by up to 13%.
  • Financial Analysis: Can increase your salary by up to 11%.
  • Time Management: Can increase your salary by up to 10%.
Skill Salary Salary % Increase
Flexibility $78,083
13%
Financial Analysis $76,701
11%
Time Management $76,010
10%
Get Latest Data

Entry Financial Reporting Accountant Salary by Company Size: Startups vs. Enterprise

Entry Financial Reporting Accountant salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $77,143. While startup companies pay approximate $65,320.

Entry Financial Reporting Accountant Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $65,320
Growth Stage 51~500 $69,068
Established 501~5000 $74,488
Enterprise 5000+ $77,143

Entry Financial Reporting Accountant Salary by Industry: Top Paying Sectors

For Entry Financial Reporting Accountant roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Energy & Utilities sectors offer the strongest compensation, at 30% above the average. In contrast, Entry Financial Reporting Accountant positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Entry Financial Reporting Accountant as a support function rather than a direct revenue driver.

The top paying industries for an Entry Financial Reporting Accountant

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Biotechnology$89,830$43.030%
Energy & Utilities$82,920$40.020%
Healthcare$79,465$38.015%
Pharmaceuticals$79,465$38.015%
Aerospace & Defense$76,010$37.010%

How Education impacts an Entry Financial Reporting Accountant's Salary?

Your level of education can impact your salary potential. While many Entry Financial Reporting Accountants enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Entry Financial Reporting Accountant with a Bachelor's Degree is between $63,500 and $67,346).

Entry Financial Reporting Accountant Salaries by Degree Level

Typical Education for Entry Financial Reporting Accountant
Degree Level % of user with this level of education
No Diploma 1.4%
High School 2.8%
Associates 2.8%
Bachelors 67.8%
Masters 25.2%
Doctorate 0.0%
View as Graph

Entry Financial Reporting Accountant Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Entry Financial Reporting Accountant's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$64,100
Average $69,100/year
$74,000
$5,342
Average $5,758/month
$6,167
$1,233
Average $1,329/week
$1,423
$31
Average $33/hour
$36
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $74,000 $6,167 $1,423 $36
Average $69,100 $5,758 $1,329 $33
25th Percentile $64,100 $5,342 $1,233 $31

Entry Financial Reporting Accountant Salary Growth & Career Path

Entry Financial Reporting Accountant

Next Role

Advancement

For an Entry Financial Reporting Accountant, the most direct path to higher earnings is advancing to the Financial Statements and Reporting Accountant II role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $78,400 - a projected growth of 13% over your current level.

Most common benefits for Entry Financial Reporting Accountant

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Entry Financial Reporting Accountant

Here are companies hiring for Entry Financial Reporting Accountant and their salaries, click below for more details.

Find Your Next Entry Financial Reporting Accountant Job

Ready to take the next step in your career? Browse thousands of current Entry Financial Reporting Accountant job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

FAQ about Entry Financial Reporting Accountant

1. What industry pays the highest salary for Entry Financial Reporting Accountant?

The Biotechnology industry offers the highest average compensation for Entry Financial Reporting Accountant roles, with salaries approximately 30% above the market median.

2. Who can be a reporting accountant?

A reporting accountant can be appointed by the appropriate regulator or by a firm, with approval from the regulator under section 166 of the Act (Reports by skilled persons). Entry-level financial reporting accountants typically earn between $60,600 and $75,600, with a median salary of $67,300.

3. Which state pays accountants the most?

While the Bureau of Labor Statistics (BLS) highlights states like the District of Columbia, New York, and California as top payers for CPAs, entry-level financial reporting accountants can expect salaries ranging from $60,600 to $75,600 annually. This reflects the starting point for accountants, with potential for growth in higher-paying states.

4. Is financial reporting the same as financial accounting?

Financial accounting involves the systematic recording of all financial transactions within a company, while financial reporting offers stakeholders valuable insights into a company's financial health. Both are essential for decision-making and future planning. Entry-level Financial Reporting Accountants can expect salaries ranging from $60,600 to $75,600, with a midpoint of $67,300.

5. How much do finance accountants make in the US?

As of January 8, 2025, the salary for an Entry Financial Reporting Accountant in the United States ranges from $60,600 to $75,600 annually, with a median salary of $67,300. This translates to approximately $29.10 to $36.36 per hour, or $1,165 to $1,450 per week.

6. Do you need a CPA to be a financial accountant?

While a CPA can enhance your qualifications, it is not strictly necessary to become a financial accountant. Many positions only require a bachelor's degree. In terms of salary, entry-level financial reporting accountants can expect to earn between $60,600 and $75,600, with a median salary of $67,300.

7. Is CPA a high paying job in the USA?

CPA Salary in the US: Unveiling Lucrative Earning Potentials: On average, Certified Public Accountant salaries range from $60,600 to $75,600 per year for entry-level financial reporting accountants, highlighting the value of advanced accounting certifications in the job market.

Where Does Our Salary Data Come From?

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.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst