As of August 01, 2026, the average salary for a Financial Accountant II in New Mexico is $67,100 per year, which breaks down to an hourly rate of $32.
However, a Financial Accountant II's salary can vary significantly. Here’s a look at the typical salary range:
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A Financial Accountant II'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, and company size can directly affect your earning potential.
Experience is a primary driver of a Financial Accountant II'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Entry Accountant | 0-2 years | $57,662 |
| Financial Accountant II | 2-4 years | $67,022 |
| Financial Accountant III | 4-7 years | $77,679 |
| Specialist Accountant | 7+ years | $92,588 |
| General Accountant V | 7-10 years | $130,514 |
What Am I Worth?
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 Financial Accountant IIs. For example, consider the average annual salaries in these key locations:
Financial Accountant II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $75,115. While startup companies pay approximate $63,545.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $63,545 |
| Growth Stage | 51~500 | $67,207 |
| Established | 501~5000 | $72,536 |
| Enterprise | 5000+ | $75,115 |
For Financial Accountant II roles, the industry you choose can affect earning potential by as much as 65% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Energy & Utilities sectors offer the strongest compensation, at 25% above the average. In contrast, Financial Accountant positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Financial Accountant II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $83,875 | $40.0 | 25% |
| Energy & Utilities | $80,520 | $39.0 | 20% |
| Internet | $79,178 | $38.0 | 18% |
| Aerospace & Defense | $73,810 | $35.0 | 10% |
| Chemicals | $73,810 | $35.0 | 10% |
Understanding how a Financial Accountant II'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 August 01, 2026Promotions are the fastest way to increase your earnings. As a Financial Accountant II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Bookkeeping/Accounting Manager | $68,700 | 2% |
| Financial Accountant III | $77,700 | 16% |
| Plant General and Cost Accounting Manager | $108,800 | 62% |
Ready to take the next step in your career? Browse thousands of current Financial Accountant II job openings on our job board. Use the search bar below to find your perfect match.
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