chapter 3

accounting and finance.

 

As the old saying goes, “the more things change, the more they stay the same.” And the accounting and finance spaces are no exception — they’ve seen a ton of change in recent years, with manual processes being automated, entire functions being outsourced and new tools turning reams of financial data into unprecedented insights. Therefore, to capitalize on each new tool and innovation, you’ll need the same thing you’ve always needed: people. But as the pace of change continues to accelerate, hiring those people isn’t getting any easier.

After all, talent shortages and skills gaps were the most-cited external challenges among accounting and finance hiring managers in a recent Randstad client survey, so a lot of change needs to happen fast if companies hope to grow in the year ahead.

 

there were more than 80,000 job postings for staff and senior accountants in the last 12 months.

2020 outlook

Ongoing change and disruption loom on the horizon for all players in the accounting and finance spaces, not only in 2020, but for the foreseeable future. And while new tech tools and groundbreaking innovations like blockchain (which the Big Four accounting firms are already heavily investing in) hold enormous potential to deliver business value, only those companies that have access to the right resources and talent will be able to take advantage of the opportunity. Doing so will require you to act fast, plan strategically and explore the benefits of partnerships — otherwise, you’ll be at risk of falling behind permanently.

here's how to hire for accounting and finance today

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 $85,664 - $103,969 $98,414 - $119,443 $112,459 - $136,490
accounts payable clerk $33,572 - $37,905 $40,492 - $45,718 $46,949 - $53,008
accounts payable manager $73,752 - $89,512 $87,118 - $105,734 $102,280 - $124,135
accounts payable supervisor $50,540 - $59,881 $60,493 - $71,674 $70,468 - $83,493
accounts receivable clerk $34,359 - $38,793 $41,441 - $46,789 $48,482 - $54,738
accounts receivable manager $73,845 - $87,493 $86,273 - $102,219 $101,302 - $120,026
accounts receivable supervisor $48,534 - $57,504 $57,441 - $68,058 $66,967 - $79,344
assistant controller $95,194 - $121,225 $111,004 - $141,359 $129,006 - $164,283
controller* $132,157 - $236,210 $144,954 - $259,084 $159,615 - $285,287
cost accountant/analyst $57,792 - $69,303 $66,972 - $80,311 $77,174 - $92,545
cost accounting clerk $32,905 - $38,520 $38,943 - $45,588 $44,034 - $51,548
cost accounting manager $85,668 - $103,974 $98,201 - $119,184 $112,621 - $136,686
credit and collections clerk $31,992 - $37,003 $38,239 - $44,228 $43,808 - $50,669
credit and collections manager $80,667 - $96,734 $92,365 - $110,762 $106,408 - $127,602
junior accountant $59,103 - $70,875 $65,370 - $78,390 $72,880 - $87,395
payroll coordinator/clerk $36,629 - $42,880 $43,781 - $51,252 $50,113 - $58,664
payroll manager $69,842 - $84,766 $80,980 - $98,284 $92,881 - $112,728
payroll supervisor $49,554 - $59,424 $58,118 - $69,694 $67,203 - $80,588
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

$85,664 - $103,969

mid-level

$98,414 - $119,443

senior-level

$112,459 - $136,490

accounts payable clerk

entry-level

$33,572 - $37,905

mid-level

$40,492 - $45,718

senior-level

$46,949 - $53,008

accounts payable manager

entry-level

$73,752 - $89,512

mid-level

$87,118 - $105,734

senior-level

$102,280 - $124,135

accounts payable supervisor

entry-level

$50,540 - $59,881

mid-level

$60,493 - $71,674

senior-level

$70,468 - $83,493

accounts receivable clerk

entry-level

$34,359 - $38,793

mid-level

$41,441 - $46,789

senior-level

$48,482 - $54,738

accounts receivable manager

entry-level

$73,845 - $87,493

mid-level

$86,273 - $102,219

senior-level

$101,302 - $120,026

accounts receivable supervisor

entry-level

$48,534 - $57,504

mid-level

$57,441 - $68,058

senior-level

$66,967 - $79,344

assistant controller

entry-level

$95,194 - $121,225

mid-level

$111,004 - $141,359

senior-level

$129,006 - $164,283

controller*

entry-level

$132,157 - $236,210

mid-level

$144,954 - $259,084

senior-level

$159,615 - $285,287

cost accountant/analyst

entry-level

$57,792 - $69,303

mid-level

$66,972 - $80,311

senior-level

$77,174 - $92,545

cost accounting clerk

entry-level

$32,905 - $38,520

mid-level

$38,943 - $45,588

senior-level

$44,034 - $51,548

cost accounting manager

entry-level

$85,668 - $103,974

mid-level

$98,201 - $119,184

senior-level

$112,621 - $136,686

credit and collections clerk

entry-level

$31,992 - $37,003

mid-level

$38,239 - $44,228

senior-level

$43,808 - $50,669

credit and collections manager

entry-level

$80,667 - $96,734

mid-level

$92,365 - $110,762

senior-level

$106,408 - $127,602

junior accountant

entry-level

$59,103 - $70,875

mid-level

$65,370 - $78,390

senior-level

$72,880 - $87,395

payroll coordinator/clerk

entry-level

$36,629 - $42,880

mid-level

$43,781 - $51,252

senior-level

$50,113 - $58,664

payroll manager

entry-level

$69,842 - $84,766

mid-level

$80,980 - $98,284

senior-level

$92,881 - $112,728

payroll supervisor

entry-level

$49,554 - $59,424

mid-level

$58,118 - $69,694

senior-level

$67,203 - $80,588

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* $182,058 - $325,401 $202,773 - $362,425 $232,998 - $416,448
vice president of accounting and finance* $157,532 - $193,507 $169,982 - $208,799 $182,858 - $224,617
vice president of internal audit* $137,288 - $183,436 $145,827 - $194,845 $154,468 - $206,391
vice president of tax* $166,750 - $236,606 $179,126 - $254,166 $191,285 - $271,419

executive

chief financial officer*

entry-level

$182,058 - $325,401

mid-level

$202,773 - $362,425

senior-level

$232,998 - $416,448

vice president of accounting and finance*

entry-level

$157,532 - $193,507

mid-level

$169,982 - $208,799

senior-level

$182,858 - $224,617

vice president of internal audit*

entry-level

$137,288 - $183,436

mid-level

$145,827 - $194,845

senior-level

$154,468 - $206,391

vice president of tax*

entry-level

$166,750 - $236,606

mid-level

$179,126 - $254,166

senior-level

$191,285 - $271,419
finance
business systems analyst $65,829 - $78,941 $80,720 - $96,797 $95,542 - $114,572
director of finance* $140,324 - $185,253 $150,577 - $198,789 $160,898 - $212,415
finance manager $81,501 - $98,916 $94,387 - $114,556 $108,564 - $131,762
financial analyst $67,486 - $80,927 $76,921 - $92,241 $87,422 - $104,834

finance

business systems analyst

entry-level

$65,829 - $78,941

mid-level

$80,720 - $96,797

senior-level

$95,542 - $114,572

director of finance*

entry-level

$140,324 - $185,253

mid-level

$150,577 - $198,789

senior-level

$160,898 - $212,415

finance manager

entry-level

$81,501 - $98,916

mid-level

$94,387 - $114,556

senior-level

$108,564 - $131,762

financial analyst

entry-level

$67,486 - $80,927

mid-level

$76,921 - $92,241

senior-level

$87,422 - $104,834
internal audit
director of internal audit* $116,637 - $155,843 $123,741 - $165,335 $131,070 - $175,127
internal audit manager $96,018 - $117,946 $110,205 - $135,372 $126,118 - $154,919
internal auditor $56,178 - $67,367 $67,604 - $81,069 $79,098 - $94,853

internal audit

director of internal audit*

entry-level

$116,637 - $155,843

mid-level

$123,741 - $165,335

senior-level

$131,070 - $175,127

internal audit manager

entry-level

$96,018 - $117,946

mid-level

$110,205 - $135,372

senior-level

$126,118 - $154,919

internal auditor

entry-level

$56,178 - $67,367

mid-level

$67,604 - $81,069

senior-level

$79,098 - $94,853
procurement/purchasing
procurement specialist $45,298 - $54,977 $51,937 - $63,035 $59,679 - $72,432
purchasing manager $81,993 - $99,514 $96,059 - $116,585 $110,312 - $133,884

procurement/purchasing

procurement specialist

entry-level

$45,298 - $54,977

mid-level

$51,937 - $63,035

senior-level

$59,679 - $72,432

purchasing manager

entry-level

$81,993 - $99,514

mid-level

$96,059 - $116,585

senior-level

$110,312 - $133,884
public accounting**
associate $59,400 - $71,231 $68,623 - $82,291 $78,790 - $94,483

public accounting**

associate

entry-level

$59,400 - $71,231

mid-level

$68,623 - $82,291

senior-level

$78,790 - $94,483
small business accounting
accounting clerk $33,263 - $38,473 $38,387 - $44,399 $43,436 - $50,239
bookkeeper $31,669 - $37,522 $36,833 - $43,641 $42,221 - $50,025

small business accounting

accounting clerk

entry-level

$33,263 - $38,473

mid-level

$38,387 - $44,399

senior-level

$43,436 - $50,239

bookkeeper

entry-level

$31,669 - $37,522

mid-level

$36,833 - $43,641

senior-level

$42,221 - $50,025
tax
director of tax* $134,820 - $177,987 $142,544 - $188,185 $150,296 - $198,419
tax accountant $61,234 - $74,319 $69,276 - $84,079 $78,262 - $94,985
tax manager $91,015 - $111,800 $104,267 - $128,078 $119,692 - $147,025

tax

director of tax*

entry-level

$134,820 - $177,987

mid-level

$142,544 - $188,185

senior-level

$150,296 - $198,419

tax accountant

entry-level

$61,234 - $74,319

mid-level

$69,276 - $84,079

senior-level

$78,262 - $94,985

tax manager

entry-level

$91,015 - $111,800

mid-level

$104,267 - $128,078

senior-level

$119,692 - $147,025
treasury
corporate treasurer $179,444 - $248,564 $195,226 - $270,425 $214,447 - $297,051
treasury analyst $61,159 - $73,340 $69,842 - $83,752 $79,495 - $95,328
treasury associate $42,906 - $51,452 $49,004 - $58,765 $55,790 - $66,902

treasury

corporate treasurer

entry-level

$179,444 - $248,564

mid-level

$195,226 - $270,425

senior-level

$214,447 - $297,051

treasury analyst

entry-level

$61,159 - $73,340

mid-level

$69,842 - $83,752

senior-level

$79,495 - $95,328

treasury associate

entry-level

$42,906 - $51,452

mid-level

$49,004 - $58,765

senior-level

$55,790 - $66,902

*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. Or, if you'd like to have the national insights and salary data presented here handy at all times, download the PDF version of this guide today.

use our calculator for market-spacific details

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