Do accounting managers make good money?

Experience plays a significant role in salary increases, and accounting managers can expect to encounter upward solid salary growth once they have a few years of experience in their career.

While entry-level salaries for accounting managers are only around $53,000 a year, once they hit four to five years of experience, they are making $70,000 in a year.

Another factor in salary is the level of education. Accounting managers with a bachelor's degree typically earn about $30,000 less than those with a master's degree. In addition, this impacts the accounting manager's ability for upward advancement.

Accounting managers with a master's degree and an interest in executive leadership may advance into roles as financial or corporate controllers. They may also elect to move into senior accountant roles. These higher-level roles come with additional salary increases.

This example shows that an accounting manager can make good money and has significant opportunities to earn higher incomes.