As of August 01, 2026, the average salary for a Financial Reporting Specialist in the United States is $117,155 per year, which breaks down to an hourly rate of $56.
However, a Financial Reporting Specialist's salary can vary significantly. Here’s a look at the typical salary range:
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A Financial Reporting Specialist'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 Specialist'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:
| Levels | Salary |
|---|---|
| Financial... Level Financial Reporting Specialist | $80,546 |
| Financial... Level Financial Reporting Specialist | $96,535 |
| Financial... Level Financial Reporting Specialist | $116,375 |
| Financial... Level Financial Reporting Specialist | $150,094 |
| Financial... Level Financial Reporting Specialist | $104,855 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Financial Reporting Specialists. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 19.59% |
| Microsoft Excel | 1.51% |
| CPA | 1.06% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Financial Management
|
$127,699 |
9%
|
|
Tableau
|
$126,527 |
8%
|
|
Hyperion
|
$125,356 |
7%
|
|
SQL
|
$125,356 |
7%
|
|
Budgeting
|
$125,356 |
7%
|
|
Financial Planning
|
$125,356 |
7%
|
For Financial Reporting Specialist roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Biotechnology sectors offer the strongest compensation, at 30% above the average. In contrast, Financial Reporting Specialist positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay, as these industries often view Financial Reporting Specialist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Energy & Utilities | $152,302 | $73.0 | 30% |
| Biotechnology | $146,444 | $70.0 | 25% |
| Software & Networking | $146,444 | $70.0 | 25% |
| Financial Services | $140,586 | $68.0 | 20% |
| Healthcare | $134,728 | $65.0 | 15% |
Your level of education can impact your salary potential. While many Financial Reporting Specialists enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Financial Reporting Specialist with a Bachelor's Degree is between $117,049 and $123,530).
Financial Reporting Specialist Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.2% |
| High School | 0.5% |
| Associates | 0.8% |
| Bachelors | 32.1% |
| Masters | 65.5% |
| Doctorate | 1.0% |
Understanding how a Financial Reporting Specialist'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.
Last Updated on August 01, 2026Salaries for a Financial Reporting Specialist can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $114,246 in 2023 to around $112,022 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Financial Reporting Specialist salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $114,246 |
| 2024 | $113,354 |
| 2025 | $112,022 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Energy & Utilities industry offers the highest average compensation for Financial Reporting Specialist roles, with salaries approximately 30% above the market median.
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