Financial Reporting Accountant
What Does a Professional in this Career Do?
A Financial Reporting Accountant prepares financial statements and reports needed for a business to comply with regulatory requirements. Organizes and presents financial reports to company managers. May assist with preparation of company tax filings; may provide reports and point of contact for auditors during an external audit of a company.
Job Outlook
There were 113 Financial Reporting Accountant job postings in North Carolina in the past year and 3497 in the United States.
In combination with other careers in the Accountant industry, which includes the Financial Reporting Accountant career, the following graph shows the number of people employed for each year since 2016:
Salary
Many new Financial Reporting Accountant jobs have salaries estimated to be in the following ranges, based on the requirements and responsibilities listed in job postings from the past year.
National
The average estimated salary in the United States for this career, based on job postings in the past year, is $115,624.
State
The average estimated salary in North Carolina for this career, based on job postings in the past year, is $124,198.
Percentiles represent the percentage that is lower than the value. For example, 25% of estimated salaries for Financial Reporting Accountant postings in the United States in the past year were lower than $91,643.
Education and Experience
Posted Financial Reporting Accountant jobs typically require the following level of education. The numbers below are based on job postings in the United States from the past year. Not all job postings list education requirements.
| Education Level | Percentage |
|---|---|
| Associate's Degree | 0% |
| Bachelor's Degree | 76.64% |
| Master's Degree | 25.14% |
| Doctoral Degree | 1.14% |
| Other | 4.8% |
Posted Financial Reporting Accountant jobs typically require the following number of years of experience. The numbers below are based on job postings in the United States from the past year. Not all job postings list experience requirements.
| Years of Experience | Percentage |
|---|---|
| 0 to 2 years | 21.56% |
| 3 to 5 years | 45.88% |
| 6 to 8 years | 23.51% |
| 9+ years | 9.04% |
Skills
Below are listings of the most common general and specialized skills Financial Reporting Accountant positions expect applicants to have as well as the most common skills that distinguish individuals from their peers. The percentage of job postings that specifically mention each skill is also listed.
Baseline Skills
A skill that is required across a broad range of occupations, including this one.
- Management (47.41%)
- Communication (45.87%)
- Microsoft Excel (41.29%)
- Detail Oriented (31.83%)
- Problem Solving (30.94%)
- Leadership (27.25%)
- Research (27.22%)
- Microsoft Office (24.16%)
- Budgeting (23.33%)
- Operations (22.93%)
Defining Skills
A core skill for this occupation, it occurs frequently in job postings.
- Public Accounting (20.5%)
- Accounting (94.44%)
- Auditing (41.26%)
- General Ledger (21.04%)
- Finance (72.02%)
- External Auditing (28.27%)
- Generally Accepted Accounting Principles (57.2%)
- Financial Analysis (28.7%)
- Financial Statements (91.6%)
- XBRL (Extensible Business Reporting Language) (5.33%)
- SEC Filing (24.46%)
- Process Improvement (21.93%)
Necessary Skills
A skill that is requested frequently in this occupation but isn’t specific to it.
- Account Reconciliation (11.12%)
- Ad Hoc Reporting (5.33%)
- Financial Controls (6.88%)
- Month-End Closing (16.34%)
- Corporate Accounting (7.25%)
- Standard Accounting Practices (18.95%)
- Variance Analysis (13.42%)
- Continuous Improvement Process (8.2%)
- Data Analysis (7%)
- Annual Reports (9.95%)
- Automation (13.47%)
- Corporate Finance (6.48%)
- Balance Sheet (18.03%)
- Reconciliation (15.71%)
- Accounting Software (9.86%)
- Consolidated Financial Statement (6.62%)
- Investments (12.87%)
- Internal Controls (30.33%)
- Enterprise Resource Planning (8.29%)
- Financial Planning (8.49%)
- Financial Data (20.15%)
- Notetaking (9.83%)
- Financial Accounting (14.16%)
- Financial Services (12.59%)
- Financial Systems (12.67%)
- Financial Management (9.06%)
- Internal Auditing (8.74%)
- Investor Relations (6.97%)
- Project Management (10.69%)
- Technical Accounting (21.88%)
- Power BI (5.07%)
- SAP Applications (13.47%)
- Statutory Reporting (5.99%)
- Audit Processes (2.35%)
- External Reporting (14.94%)
- Management Reporting (9.49%)
- Internal Reporting (6.39%)
- Sarbanes-Oxley Act (SOX) Compliance (12.67%)
- Consolidation (12.7%)
Distinguishing Skills
A skill that may distinguish a subset of the occupation.
- Equity Method (3.38%)
Salary Boosting Skills
A professional who wishes to excel in this career path may consider developing the following highly valued skills. The percentage of job postings that specifically mention each skill is listed.
- Public Accounting (60.13%)
- XBRL (Extensible Business Reporting Language) (15.64%)
- SEC Filing (71.74%)
Alternative Job Titles
Sometimes employers post jobs with Financial Reporting Accountant skills but a different job title. Some common alternative job titles include:
- External Reporting Manager
- Finance Intern
- Director of Financial Reporting
- Regulatory Reporting Analyst
- SEC Reporting Analyst
- Investment Principal
- Financial Reporting Associate
- Regulatory Reporting Manager
- Director of External Reporting
Similar Occupations
If you are interested in exploring occupations with similar skills, you may want to research the following job titles. Note that we only list occupations that have at least one corresponding NC State Online and Distance Education program.
- Financial Reporting Manager
- Accounting Manager
- Accountant (General)
- Controller (General)
- Accounting Analyst
Common Employers
Here are the employers that have posted the most Financial Reporting Accountant jobs in the past year along with how many they have posted.
United States
- Deloitte (213)
- Humana (156)
- Prime Therapeutics (83)
- JPMorgan Chase (77)
- Concentrix (53)
- Robert Half (42)
- SolomonEdwards (40)
- Aston Carter (37)
- Mizuho Americas Services (31)
- Goldman Sachs (29)
North Carolina
- Deloitte (8)
- Truist Financial (6)
- Fastenal (6)
- Dentsply Sirona (3)
- The Judge Group (3)
- Advance Auto Parts (3)
- Advance Auto Business Support (3)
- Specialty Products & Insulation (3)
- Vaco (3)
- Mecklenburg County (3)
NC State Programs Relevant to this Career
If you are interested in preparing for a career in this field, the following NC State Online and Distance Education programs offer a great place to start!
All wages, job posting statistics, employment trend projections, and information about skill desirability on this page represents historical data and does not guarantee future conditions. Data is provided by and downloaded regularly from Lightcast. For more information about how Lightcast gathers data and what it represents, see Lightcast Data: Basic Overview on Lightcast's Knowledge Base website.