As of January 01, 2025, the average annual salary for an Intermediate Financial Reporting Accountant in Norfolk, VA is $77,340. Salary.com reports that pay typically ranges from $68,570 to $87,470, with most professionals earning between $60,585 and $96,693.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $87,470 | $7,289 | $1,682 | $42 |
| Average | $77,340 | $6,445 | $1,487 | $37 |
| 25th Percentile | $68,570 | $5,714 | $1,319 | $33 |
An entry-level Intermediate Financial Reporting Accountant with under 1 year experience makes about $73,877. With less than 2 years of experience, a mid-level Intermediate Financial Reporting Accountant makes around $74,137. After 2-4 years, the Intermediate Financial Reporting Accountant pay rises to about $77,485. Those senior Intermediate Financial Reporting Accountant with 5-8 years of experience earn roughly $81,686, and those Intermediate Financial Reporting Accountant having 8 years or more experience are expected to earn about $81,986 on average.
| Levels | Salary |
|---|---|
| Entry Level Intermediate Financial Reporting Accountant | $73,877 |
| Intermediate Level Intermediate Financial Reporting Accountant | $74,137 |
| Senior Level Intermediate Financial Reporting Accountant | $77,485 |
| Specialist Level Intermediate Financial Reporting Accountant | $81,686 |
| Expert Level Intermediate Financial Reporting Accountant | $81,986 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 0% |
| Top Level | 6% |
| Experienced | 6% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
| Skill | Salary | Demand |
|---|---|---|
|
Coordination
|
$88,941 |
15%
|
|
Variance Analysis
|
$85,074 |
10%
|
|
Accounting and Reporting
|
$85,074 |
10%
|
|
Presentation
|
$84,301 |
9%
|
|
Budgeting
|
$84,301 |
9%
|
|
Technical Accounting
|
$83,527 |
8%
|
