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How much does a Financial Reporting Accountant II make?

As of August 01, 2025, the average annual salary for a Financial Reporting Accountant II in Mercedes, TX is around $67,609, with an hourly rate of $33. The average salary ranges from $55,951 (10th percentile) to $77,287 (90th percentile), with the majority earning between $61,506 (25th percentile) and $72,674 (75th percentile). A Financial Reporting Accountant II's salary is shaped by several key factors, including experience level, specific skills, industry differences, company size, and so on. Below, we'll dive deeper into each of these factors to help you understand how they impact compensation.

View as table View as graph 25% $61,506 10% $55,951 90% $77,287 75% $72,674 $67,609 50%(Median) Didn’t find job title? Click

Financial Reporting Accountant II Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $72,674 $6,056 $1,398 $35
Average $67,609 $5,634 $1,300 $33
25th Percentile $61,506 $5,126 $1,183 $30
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How much does a Financial Reporting Accountant II make by hour, week, month, and year?

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Last Updated on August 01, 2025

How does experience level affect a Financial Reporting Accountant II's Salary?

An entry-level Financial Reporting Accountant II with under 1 year experience makes about $65,605. With less than 2 years of experience, a mid-level Financial Reporting Accountant II makes around $65,787. After 2-4 years, the Financial Reporting Accountant II pay rises to about $67,987. Those senior Financial Reporting Accountant II with 5-8 years of experience earn roughly $70,104, and those Financial Reporting Accountant II having 8 years or more experience are expected to earn about $70,255 on average.

Levels Salary
Entry Level Financial Reporting Accountant II $65,605
Intermediate Level Financial Reporting Accountant II $65,787
Senior Level Financial Reporting Accountant II $67,987
Specialist Level Financial Reporting Accountant II $70,104
Expert Level Financial Reporting Accountant II $70,255
$65,605 0 yr
$65,787 < 2 yrs
$67,987 2-4 yrs
$70,104 5-8 yrs
$70,255 > 8 yrs
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Best-Paid Skills and Qualifications for Financial Reporting Accountant II

What skills does a Financial Reporting Accountant II 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. 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.
  3. Financial Analysis: 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.
See More Skills
Skills Demand Percentage
Analysis 7.29%
Accounts Payable 2.13%
Financial Analysis 1.07%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Financial Reporting Accountant II higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Coordination, you can get a 15% salary raise. If you are good at Variance Analysis, your salary will increase by 10%. If you are expert in Accounting and Reporting, your salary will rise by 10%.
Skill Salary Salary % Increase
Coordination
$77,750
15%
Variance Analysis
$74,370
10%
Accounting and Reporting
$74,370
10%
Presentation
$73,693
9%
Budgeting
$73,693
9%
Technical Accounting
$73,017
8%

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Cost of Living In Mercedes, TX

Cost of Living in Mercedes, TX is
-21.3% Lower
than the National Average

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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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