How much does a Financial Reporting Accountant I make hourly in the United States? The average hourly wage for a Financial Reporting Accountant I in the United States is $32 as of March 26, 2024, but the range typically falls between $28 and $36. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Financial Reporting Accountant I Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Financial Reporting Accountant I Salary $26 US March 26, 2024
25th Percentile Financial Reporting Accountant I Salary $28 US March 26, 2024
50th Percentile Financial Reporting Accountant I Salary $32 US March 26, 2024
75th Percentile Financial Reporting Accountant I Salary $36 US March 26, 2024
90th Percentile Financial Reporting Accountant I Salary $39 US March 26, 2024
25% $28 10% $26 90% $39 75% $36 $32 50%(Median) Didn’t find job title? Click
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What skills does a Financial Reporting Accountant I need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.

3.

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.

Analysis 7.15%
Billing 1.03%
Accounts Payable 2.13%
Others 89.69%

Job Description for Financial Reporting Accountant I

Financial Reporting Accountant I prepares periodic financial statements required for external reporting. Collects and analyzes financial data, ensuring that all reporting is in compliance with SEC and GAAP reporting regulations and guidelines. Being a Financial Reporting Accountant I consolidates entries and accounts to be utilized in financial statements. Prepares internal reports as required. Additionally, Financial Reporting Accountant I researches accounting rules and regulations and makes recommendations regarding company policy. May provide support and assistance to external auditors. Requires a bachelor's degree of Accounting or Finance. Typically reports to a supervisor or manager. The Financial Reporting Accountant I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Financial Reporting Accountant I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Financial Reporting Accountant I

Career Path for Financial Reporting Accountant I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Financial Reporting Accountant I, the upper level is Financial Reporting Accountant II and then progresses to Financial Reporting Accountant IV.

Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and... More
Fiscal Year Ended in 2022
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Financial Reporting Accountant I salary varies from city to city. Compared with national average salary of Financial Reporting Accountant I, the highest Financial Reporting Accountant I salary is in San Francisco, CA, where the Financial Reporting Accountant I salary is 25.0% above. The lowest Financial Reporting Accountant I salary is in Miami, FL, where the Financial Reporting Accountant I salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Understand the total hourly compensation opportunity for a Financial Reporting Accountant I, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
28
36
32

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
29
37
33
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Financial Reporting Accountant I in the United States. The average hourly rate for Financial Reporting Accountant I ranges from $28 to $36 with the average hourly pay of $32. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $29 to $37 with the average total hourly cash compensation of $33.
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28
36

 

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Skills associated with Financial Reporting Accountant I: Accounting Software, GAAP Standards, Quarter-End Close, Year-End Close ...More

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Financial Reporting Accountant I Salary in United States
Financial Reporting Accountant I Salary Graph, Regional Distribution and Summary