chapter 3

salary guide: accounting and finance.

Throughout 2021, advanced tech will continue to reshape businesses across every sector, including the world of accounting and finance. With the increased adoption of real-time data analytics, robotic process automation and artificial intelligence (AI), digital transformation continues to propel massive change in how the finance function operates and the tools it uses. Case in point: The global market for accounting software alone is forecast to hit nearly $20 billion by 2025 — representing a 60 percent jump in value in just six years' time.

And who will be using these digital tools day in and day out? Humans. That means your business will need the right accounting and finance pros on board to handle this disruption and ensure every new digital tool — from those driving automated processes and cloud-based accounting to blockchain and big data — yields positive business outcomes.

2021 outlook

In the accounting and finance realm, successfully attracting and retaining the skilled pros needed to ensure overall financial health and top-level compliance will continue to pose clear challenges in the year ahead. To meet the tech disruption in the field and build adept and agile finance teams, forward-thinking organizations will have to prioritize new approaches to talent acquisition and employee development — both in 2021 and beyond.

salary key

This guide presents nationwide pay information for today's most prevalent and in-demand accounting and finance positions.

For non-executive titles (managers and below), annual salaries are organized by interquartile ranges across three levels of professional experience:

entry-level
one year of experience
25th-75th percentile

mid-level
five years of experience
25th-75th percentile

senior-level
10 years of experience
25th-75th percentile

For executive titles (directors and above), annual salaries are organized by interquartile ranges across three levels of company revenue:

small
$50M
25th-75th percentile

mid
$100M
25th-75th percentile

large
$250M+
25th-75th percentile

accounting entry-level mid-level senior-level
accounting manager $86,092 - $104,489 $98,906 - $120,040 $113,021 - $137,172
accounts payable clerk $33,740 - $38,095 $40,694 - $45,947 $47,184 - $53,273
accounts payable manager $74,121 - $89,960 $87,554 - $106,263 $102,791 - $124,756
accounts payable supervisor $50,793 - $60,180 $60,795 - $72,032 $70,820 - $83,910
accounts receivable clerk $34,531 - $38,987 $41,648 - $47,023 $48,724 - $55,012
accounts receivable manager $74,214 - $87,930 $86,704 - $102,730 $101,809 - $120,626
accounts receivable supervisor $48,777 - $57,792 $57,728 - $68,398 $67,302 - $79,741
assistant controller $95,670 - $121,831 $111,559 - $142,066 $129,651 - $165,104
controller* $132,818 - $237,391 $145,679 - $260,379 $160,413 - $286,713
cost accountant/analyst $58,081 - $69,650 $67,307 - $80,713 $77,560 - $93,008
cost accounting clerk $33,070 - $38,713 $39,138 - $45,816 $44,254 - $51,806
cost accounting manager $86,096 - $104,494 $98,692 - $119,780 $113,184 - $137,369
credit and collections clerk $32,152 - $37,188 $38,430 - $44,449 $44,027 - $50,922
credit and collections manager $81,070 - $97,218 $92,827 - $111,316 $106,940 - $128,240
junior accountant $59,399 - $71,229 $65,697 - $78,782 $73,244 - $87,832
payroll coordinator/clerk $36,812 - $43,094 $44,000 - $51,508 $50,364 - $58,957
payroll manager $70,191 - $85,190 $81,385 - $98,775 $93,345 - $113,292
payroll supervisor $49,802 - $59,721 $58,409 - $70,042 $67,539 - $80,991
SEC reporting manager $98,741 - $119,841 $113,203 - $137,392 $129,957 - $157,727
senior accountant $64,513 - $76,436 $73,441 - $87,015 $84,061 - $99,598
staff accountant $59,103 - $70,875 $65,370 - $78,390 $72,880 - $87,395

accounting

accounting manager

entry-level

$86,092 - $104,489

mid-level

$98,906 - $120,040

senior-level

$113,021 - $137,172

accounts payable clerk

entry-level

$33,740 - $38,095

mid-level

$40,694 - $45,947

senior-level

$47,184 - $53,273

accounts payable manager

entry-level

$74,121 - $89,960

mid-level

$87,554 - $106,263

senior-level

$102,791 - $124,756

accounts payable supervisor

entry-level

$50,793 - $60,180

mid-level

$60,795 - $72,032

senior-level

$70,820 - $83,910

accounts receivable clerk

entry-level

$34,531 - $38,987

mid-level

$41,648 - $47,023

senior-level

$48,724 - $55,012

accounts receivable manager

entry-level

$74,214 - $87,930

mid-level

$86,704 - $102,730

senior-level

$101,809 - $120,626

accounts receivable supervisor

entry-level

$48,777 - $57,792

mid-level

$57,728 - $68,398

senior-level

$67,302 - $79,741

assistant controller

entry-level

$95,670 - $121,831

mid-level

$111,559 - $142,066

senior-level

$129,651 - $165,104

controller*

entry-level

$132,818 - $237,391

mid-level

$145,679 - $260,379

senior-level

$160,413 - $286,713

cost accountant/analyst

entry-level

$58,081 - $69,650

mid-level

$67,307 - $80,713

senior-level

$77,560 - $93,008

cost accounting clerk

entry-level

$33,070 - $38,713

mid-level

$39,138 - $45,816

senior-level

$44,254 - $51,806

cost accounting manager

entry-level

$86,096 - $104,494

mid-level

$98,692 - $119,780

senior-level

$113,184 - $137,369

credit and collections clerk

entry-level

$32,152 - $37,188

mid-level

$38,430 - $44,449

senior-level

$44,027 - $50,922

credit and collections manager

entry-level

$81,070 - $97,218

mid-level

$92,827 - $111,316

senior-level

$106,940 - $128,240

junior accountant

entry-level

$59,399 - $71,229

mid-level

$65,697 - $78,782

senior-level

$73,244 - $87,832

payroll coordinator/clerk

entry-level

$36,812 - $43,094

mid-level

$44,000 - $51,508

senior-level

$50,364 - $58,957

payroll manager

entry-level

$70,191 - $85,190

mid-level

$81,385 - $98,775

senior-level

$93,345 - $113,292

payroll supervisor

entry-level

$49,802 - $59,721

mid-level

$58,409 - $70,042

senior-level

$67,539 - $80,991

SEC reporting manager

entry-level

$98,741 - $119,841

mid-level

$113,203 - $137,392

senior-level

$129,957 - $157,727

senior accountant

entry-level

$64,513 - $76,436

mid-level

$73,441 - $87,015

senior-level

$84,061 - $99,598

staff accountant

entry-level

$59,103 - $70,875

mid-level

$65,370 - $78,390

senior-level

$72,880 - $87,395
executive
chief financial officer* $182,968 - $327,028 $203,787 - $364,237 $234,163 - $418,530
vice president of accounting and finance* $158,320 - $194,475 $170,832 - $209,843 $183,772 - $225,740
vice president of internal audit* $137,974 - $184,353 $146,556 - $195,819 $155,240 - $207,423
vice president of tax* $167,584 - $237,789 $180,022 - $255,437 $192,241 - $272,776

executive

chief financial officer*

entry-level

$182,968 - $327,028

mid-level

$203,787 - $364,237

senior-level

$234,163 - $418,530

vice president of accounting and finance*

entry-level

$158,320 - $194,475

mid-level

$170,832 - $209,843

senior-level

$183,772 - $225,740

vice president of internal audit*

entry-level

$137,974 - $184,353

mid-level

$146,556 - $195,819

senior-level

$155,240 - $207,423

vice president of tax*

entry-level

$167,584 - $237,789

mid-level

$180,022 - $255,437

senior-level

$192,241 - $272,776
finance
business systems analyst $66,158 - $79,336 $81,124 - $97,281 $96,020 - $115,145
director of finance* $141,026 - $186,179 $151,330 - $199,783 $161,702 - $213,477
finance manager $81,909 - $99,411 $94,859 - $115,129 $109,107 - $132,421
financial analyst $67,823 - $81,332 $77,306 - $92,702 $87,859 - $105,358

finance

business systems analyst

entry-level

$66,158 - $79,336

mid-level

$81,124 - $97,281

senior-level

$96,020 - $115,145

director of finance*

entry-level

$141,026 - $186,179

mid-level

$151,330 - $199,783

senior-level

$161,702 - $213,477

finance manager

entry-level

$81,909 - $99,411

mid-level

$94,859 - $115,129

senior-level

$109,107 - $132,421

financial analyst

entry-level

$67,823 - $81,332

mid-level

$77,306 - $92,702

senior-level

$87,859 - $105,358
internal audit
director of internal audit* $117,220 - $156,622 $124,360 - $166,162 $131,725 - $176,003
internal audit manager $96,498 - $118,536 $110,756 - $136,049 $126,749 - $155,694
internal auditor $56,459 - $67,704 $67,942 - $81,474 $79,493 - $95,327

internal audit

director of internal audit*

entry-level

$117,220 - $156,622

mid-level

$124,360 - $166,162

senior-level

$131,725 - $176,003

internal audit manager

entry-level

$96,498 - $118,536

mid-level

$110,756 - $136,049

senior-level

$126,749 - $155,694

internal auditor

entry-level

$56,459 - $67,704

mid-level

$67,942 - $81,474

senior-level

$79,493 - $95,327
procurement/purchasing
procurement specialist $45,524 - $55,252 $52,197 - $63,350 $59,977 - $72,794
purchasing manager $82,403 - $100,012 $96,539 - $117,168 $110,864 - $134,553

procurement/purchasing

procurement specialist

entry-level

$45,524 - $55,252

mid-level

$52,197 - $63,350

senior-level

$59,977 - $72,794

purchasing manager

entry-level

$82,403 - $100,012

mid-level

$96,539 - $117,168

senior-level

$110,864 - $134,553
public accounting**
associate $59,697 - $71,587 $68,966 - $82,702 $79,184 - $94,955

public accounting**

associate

entry-level

$59,697 - $71,587

mid-level

$68,966 - $82,702

senior-level

$79,184 - $94,955
small business accounting
accounting clerk $33,429 - $38,665 $38,579 - $44,621 $43,653 - $50,490
bookkeeper $31,827 - $37,710 $37,017 - $43,859 $42,432 - $50,275

small business accounting

accounting clerk

entry-level

$33,429 - $38,665

mid-level

$38,579 - $44,621

senior-level

$43,653 - $50,490

bookkeeper

entry-level

$31,827 - $37,710

mid-level

$37,017 - $43,859

senior-level

$42,432 - $50,275
tax
director of tax* $135,494 - $178,877 $143,257 - $189,126 $151,047 - $199,411
tax accountant $61,540 - $74,691 $69,622 - $84,499 $78,653 - $95,460
tax manager $91,470 - $112,359 $104,788 - $128,718 $120,290 - $147,760

tax

director of tax*

entry-level

$135,494 - $178,877

mid-level

$143,257 - $189,126

senior-level

$151,047 - $199,411

tax accountant

entry-level

$61,540 - $74,691

mid-level

$69,622 - $84,499

senior-level

$78,653 - $95,460

tax manager

entry-level

$91,470 - $112,359

mid-level

$104,788 - $128,718

senior-level

$120,290 - $147,760
treasury
corporate treasurer $180,341 - $249,807 $196,202 - $271,777 $215,519 - $298,536
treasury analyst $61,465 - $73,707 $70,191 - $84,171 $79,892 - $95,805
treasury associate $43,121 - $51,709 $49,249 - $59,059 $56,069 - $67,237

treasury

corporate treasurer

entry-level

$180,341 - $249,807

mid-level

$196,202 - $271,777

senior-level

$215,519 - $298,536

treasury analyst

entry-level

$61,465 - $73,707

mid-level

$70,191 - $84,171

senior-level

$79,892 - $95,805

treasury associate

entry-level

$43,121 - $51,709

mid-level

$49,249 - $59,059

senior-level

$56,069 - $67,237

*salaries for executive titles are organized by interquartile ranges across three levels of company revenue: small ($50M), mid ($100M) and large ($250M+)
**interquartile salary ranges are organized by local, regional and national levels

 

For salary information and titles specific to your region, contact your local Randstad representative today

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