As of August 01, 2026, the average salary for a Financial Reporting Accountant III in the United States is $94,093 per year, which breaks down to an hourly rate of $45.
However, a Financial Reporting Accountant III's salary can vary significantly. Here’s a look at the typical salary range:
Financial Reporting Accountant III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $102,654 | $8,555 | $1,974 | $49 |
| Average | $94,093 | $7,841 | $1,809 | $45 |
| 25th Percentile | $86,937 | $7,245 | $1,672 | $42 |
A Financial Reporting Accountant III'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, education and company size can directly affect your earning potential.
Experience is a primary driver of a Financial Reporting Accountant III'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 |
|---|---|---|
| Financial Reporting Accountant I | 0-2 years | $69,021 |
| Financial Reporting Accountant II | 2-4 years | $78,341 |
| Financial Reporting Accountant III | 4-7 years | $94,093 |
| Financial Reporting Accountant IV | 7+ years | $109,549 |
| Financial Reporting Supervisor | 7+ years | $118,471 |
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 6.95% |
| General Ledger | 2.29% |
| Financial Accounting | 1.19% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Financial Reporting Accountant III's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Hyperion | $99,739 | |
| Project Management | $99,739 | |
| Treasury | $98,798 |
Financial Reporting Accountant III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $105,332. While startup companies pay approximate $89,108.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $89,108 |
| Growth Stage | 51~500 | $94,242 |
| Established | 501~5000 | $101,716 |
| Enterprise | 5000+ | $105,332 |
Your level of education can impact your salary potential. While many Financial Reporting Accountant III enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Financial Reporting Accountant III with a Bachelor's Degree is between $96,238 and $102,248.
| Typical Education for Financial Reporting Accountant III | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 4.3% |
| High School | 58.1% |
| Associates | 4.3% |
| Bachelors | 58.1% |
| Masters | 36.6% |
| Doctorate | 1.1% |
Understanding how a Financial Reporting Accountant III'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 | $102,654 | $8,555 | $1,974 | $49 |
| Average | $94,093 | $7,841 | $1,809 | $45 |
| 25th Percentile | $86,937 | $7,245 | $1,672 | $42 |
Next Role
Advancement
For a Financial Reporting Accountant III, the most direct path to higher earnings is advancing to the Financial Reporting Accountant IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $109,549 - a projected growth of 16% over your current level.
Salaries for a Financial Reporting Accountant III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $91,879 in 2023 to around $89,748 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Financial Reporting Accountant III salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $91,879 |
| 2024 | $90,289 |
| 2025 | $89,748 |
| 2026 |
View More
|
| 2027 |
View More
|
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A Financial Reporting Accountant III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Financial Reporting Accountant III earns the most in San Jose, CA, where the annual salary of a Financial Reporting Accountant III is $118,680.
The highest pay for Financial Reporting Accountant III is $110,448.
The lowest pay for Financial Reporting Accountant III is $80,422.
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. Consolidates entries and accounts to be utilized in financial statements. Prepares internal reports as required. Researches accounting rules and regulations and makes recommendations regarding company policy. May provide support and assistance to external auditors. Requires a bachelor's degree in accounting or finance. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.
The Energy & Utilities industry offers the highest average compensation for Financial Reporting Accountant III roles, with salaries approximately 10% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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