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As of September 01, 2026, the average salary for an Intermediate Financial Reporting Accountant in Indiana is $75,200 per year, which breaks down to an hourly rate of $36.
However, an Intermediate Financial Reporting Accountant's salary can vary significantly. Here’s a look at the typical salary range:
Intermediate Financial Reporting Accountant Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $80,850 | $6,738 | $1,555 | $39 |
| Average | $75,200 | $6,267 | $1,446 | $36 |
| 25th Percentile | $68,500 | $5,708 | $1,317 | $33 |
An Intermediate 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 and company size can directly affect your earning potential.
Experience is a primary driver of an Intermediate 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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Entry Financial Reporting Accountant | 0-2 years | $66,252 |
| Intermediate Financial Reporting Accountant | 2-4 years | $75,195 |
| Financial Statements and Reporting Accountant III | 4-7 years | $90,318 |
| Financial Statements and Reporting Accountant IV | 7+ years | $105,154 |
| Financial Statements and Reporting Supervisor | 7+ years | $113,718 |
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:
Intermediate 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 $84,039. While startup companies pay approximate $71,089.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $71,089 |
| Growth Stage | 51~500 | $75,183 |
| Established | 501~5000 | $81,151 |
| Enterprise | 5000+ | $84,039 |
For Intermediate Financial Reporting Accountant 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 Pharmaceuticals and Internet sectors offer the strongest compensation, at 35% above the average. In contrast, Intermediate Financial Reporting Accountant positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay, as these industries often view Intermediate Financial Reporting Accountant as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $101,520 | $49.0 | 35% |
| Internet | $94,000 | $45.0 | 25% |
| Financial Services | $90,240 | $43.0 | 20% |
| Healthcare | $90,240 | $43.0 | 20% |
| Energy & Utilities | $82,720 | $40.0 | 10% |
Understanding how an Intermediate 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $80,850 | $6,738 | $1,555 | $39 |
| Average | $75,200 | $6,267 | $1,446 | $36 |
| 25th Percentile | $68,500 | $5,708 | $1,317 | $33 |
For an Intermediate Financial Reporting Accountant, the most direct path to higher earnings is advancing to the Financial Statements and Reporting Accountant III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $90,400 - a projected growth of 20% over your current level.
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Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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