1. What is the average salary of a Financial Reporting Manager?
The average annual salary of Financial Reporting Manager is $139,936.
In case you are finding an easy salary calculator,
the average hourly pay of Financial Reporting Manager is $67;
the average weekly pay of Financial Reporting Manager is $2,691;
the average monthly pay of Financial Reporting Manager is $11,661.
2. Where can a Financial Reporting Manager earn the most?
A Financial Reporting Manager'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 Manager earns the most in San Jose, CA, where the annual salary of a Financial Reporting Manager is $175,619.
3. What is the highest pay for Financial Reporting Manager?
The highest pay for Financial Reporting Manager is $173,427.
4. What is the lowest pay for Financial Reporting Manager?
The lowest pay for Financial Reporting Manager is $111,261.
5. What are the responsibilities of Financial Reporting Manager?
Financial Reporting Manager is responsible for managing the preparation and distribution of periodic financial statements for external use. Ensures that reports, filings and documentation complies with company's regulations, professional standards, and SEC and GAAP reporting guidelines. Being a Financial Reporting Manager manages the financial reporting staff May work with external auditors to provide requested information. May assist with the preparation of materials for board or shareholders. Additionally, Financial Reporting Manager requires a bachelor's degree in accounting or finance. Typically reports to a director. The Financial Reporting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Financial Reporting Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
6. What are the skills of Financial Reporting Manager
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.)
Financial Management: Financial management focuses on ratios, equities and debts. It is useful for portfolio management,distribution of dividend,capital raising,hedging and looking after fluctuations in foreign currency and product cycles.Financial managers are the people who will do research and based on the research, decide what sort of capital to obtain in order to fund the company's assets as well as maximizing the value of the firm for all the stakeholders. It also refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of the 'Staff' in overall of a company. It has been defined differently by different experts in the field. The term typically applies to an organization or company's financial strategy, while personal finance or financial life management refers to an individual's management strategy. It includes how to raise the capital and how to allocate capital, i.e. capital budgeting. Not only for long term budgeting, but also how to allocate the short term resources like current liabilities. It also deals with the dividend policies of the share holders.
3.)
Balance Sheet: Balance Sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, business partnership, corporation, private limited company or other organization such as government or not-for-profit entity.
