Welcome to J2T's 2022 accounting and finance salary guide, a comprehensive overview of starting salaries ranging from CFO to Billing Specialist. We compiled this data based on a combination of a 2021 survey of hundreds of industry professionals and industry trends.
There are three ratings in this guide that dictate experience and expertise and the resulting salary disparities; they are:
- Low - The "Low" rating refers to a candidate with most of the required skills for a position. However, they may not have as much experience as the average candidate. The relative demand for "low" hires is low.
- Average - "Average" refers to candidates who have plenty of experience and a thorough set of skills. They may also have special certifications that set them apart from others. The relative demand for "Average" hires is high.
- High - A "High" rating refers to candidates with deep industry experience; they are true veterans of accounting and finance. They also have several certifications or licenses. The relative demand for "High" candidates is medium.
Keep in mind while reading this list that these salaries don't contain bonuses, benefits, and other forms of compensation.
Below is a fully searchable list of the data, split by position.
Chief Financial Officer (CFO) Starting Salaries
Low: $200,000
Average: $250,000
High: $275,000
Vice President of Finance Starting Salaries
Low: $175,000
Average: $200,000
High: $230,000
Director of Finance Starting Salaries
Low: $165,000
Average: $185,000
High: $210,000
Director of Accounting Starting Salaries
Low: $160,000
Average: $180,000
High: $200,000
Controller Starting Salaries
Low: $140,000
Average: $175,000
High: $200,000
Assistant Controller Starting Salaries
Low: $115,000
Average: $125,000
High: $145,000
Tax Director Starting Salaries
Low: $140,000
Average: $175,000
High: $240,000
Tax Manager Starting Salaries
Low: $125,000
Average: $135,000
High: $145,000
Financial Reporting - Manager Starting Salaries
Low: $115,000
Average: $140,000
High: $160,000
Financial Reporting - Senior Starting Salaries
Low: $90,000
Average: $100,000
High: $120,000
Financial Reporting - 1-3 Years Starting Salaries
Low: $80,000
Average: $85,000
High: $95,000
SEC Financial Reporting - Director Starting Salaries
Low: $150,000
Average: $200,000
High: $225,000
SEC Financial Reporting - Manager Starting Salaries
Low: $120,000
Average: $140,000
High: $180,000
SEC Financial Reporting - Analyst Starting Salaries
Low: $85,000
Average: $92,000
High: $105,000
Property Accountant Starting Salaries
Low: $65,000
Average: $82,000
High: $90,000
Senior Accountant (3-5+ Years) Starting Salaries
Low: $75,000
Average: $85,000
High: $95,000
Staff Accountant (1-3 Years) Starting Salaries
Low: $65,000
Average: $75,000
High: $85,000
Director of Financial Planning & Analysis Starting Salaries
Low: $140,000
Average: $170,000
High: $225,000
Manager of Financial Planning & Analysis Starting Salaries
Low: $120,000
Average: $130,000
High: $150,000
Senior Financial Planning & Analysis Starting Salaries
Low: $90,000
Average: $105,000
High: $120,000
Financial Planning & Analysis Starting Salaries
Low: $80,000
Average: $90,000
High: $100,000
Internal Audit Manager Starting Salaries
Low: $120,000
Average: $135,000
High: $160,000
Senior Internal Auditor Starting Salaries
Low: $90,000
Average: $105,000
High: $120,000
Internal Auditor Starting Salaries
Low: $80,000
Average: $90,000
High: $105,000
Accounts Payable Manager Starting Salaries
Low: $85,000
Average: $97,500
High: $110,000
Accounts Payable Starting Salaries
Low: $50,000
Average: $54,000
High: $60,000
Accounts Receivable Manager Starting Salaries
Low: $85,000
Average: $97,500
High: $110,000
Accounts Receivable Clerk Starting Salaries
Low: $48,000
Average: $53,000
High: $58,000
Accounts Receivable Lead Starting Salaries
Low: $65,000
Average: $70,000
High: $75,000
Accounts Receivable Specialist Starting Salaries
Low: $57,000
Average: $62,800
High: $68,650
Billing Specialist Starting Salaries
Low: $50,000
Average: $55,000
High: $63,000
Billing Manager Starting Salaries
Low: $85,000
Average: $97,500
High: $110,000
Collections Starting Salaries
Low: $55,000
Average: $62,500
High: $69,500
Payroll Manager Starting Salaries
Low: $85,000
Average: $97,500
High: $110,000
Payroll Starting Salaries
Low: $65,000
Average: $70,000
High: $75,000
Accounts Payable Manager Starting Salaries
Low: $85,000
Average: $97,500
High: $110,000
