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Manager/finance accounting hiring summary. Here are some key points about hiring managers/finance accounting in the United States:
Here's a step-by-step manager/finance accounting hiring guide:
A manager of finance accounting's role is to oversee the financial activities in a company or organization. Their responsibilities revolve around coordinating with other departments to gather financial data, analyze the revenues and expenditures, and develop written reports and presentations. A manager of finance accounting must also maintain accurate financial records, identify any errors or inconsistencies, and perform support tasks for staff when necessary. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
The manager/finance accounting hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
You should also consider the ideal background you'd like them a manager/finance accounting to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a manager/finance accounting that fits the bill.
Here's a comparison of manager/finance accounting salaries for various roles:
Type Of Manager/Finance Accounting | Description | Hourly Rate |
---|---|---|
Manager/Finance Accounting | Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. | $31-61 |
Corporate Controller | A corporate controller is a professional who is responsible for supervising the overall daily accounting operations of an organization. Integral to the financial health of the organization, corporate controllers are required to help the organization with strategic financial decisions through forecasting reports and financial statements... Show More | $47-100 |
Accounting Manager/Controller | An accounting manager/controller is responsible for spearheading and overseeing the daily operations in a company's accounting department. They monitor the company's budgets, including its costs and expenditures, and produce financial reports... Show More | $31-63 |
Including a salary range in your manager/finance accounting job description helps attract top candidates to the position. A manager/finance accounting salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a manager/finance accounting in Nebraska may be lower than in Connecticut, and an entry-level manager/finance accounting usually earns less than a senior-level manager/finance accounting. Additionally, a manager/finance accounting with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
Rank | State | Avg. Salary | Hourly Rate |
---|---|---|---|
1 | New York | $107,759 | $52 |
2 | California | $104,499 | $50 |
3 | Massachusetts | $104,105 | $50 |
4 | Maryland | $99,491 | $48 |
5 | Washington | $99,099 | $48 |
6 | Nevada | $98,465 | $47 |
7 | Pennsylvania | $98,040 | $47 |
8 | Illinois | $92,264 | $44 |
9 | Virginia | $91,480 | $44 |
10 | Minnesota | $89,360 | $43 |
11 | Oregon | $89,166 | $43 |
12 | North Carolina | $88,724 | $43 |
13 | District of Columbia | $88,684 | $43 |
14 | Ohio | $87,539 | $42 |
15 | Arizona | $82,423 | $40 |
16 | Indiana | $81,260 | $39 |
17 | Texas | $80,820 | $39 |
18 | Georgia | $79,964 | $38 |
19 | Colorado | $79,627 | $38 |
20 | Alaska | $79,451 | $38 |
Rank | Company | Average Salary | Hourly Rate | Job Openings |
---|---|---|---|---|
1 | Mayo Clinic | $179,986 | $86.53 | 11 |
2 | Genentech | $133,353 | $64.11 | 1 |
3 | Pacifi | $128,353 | $61.71 | 10 |
4 | Workday | $126,355 | $60.75 | 6 |
5 | Constellation Brands | $124,698 | $59.95 | |
6 | Bill & Melinda Gates Foundation | $124,269 | $59.74 | |
7 | Alexion Pharmaceuticals | $123,828 | $59.53 | 2 |
8 | DoorDash | $122,701 | $58.99 | 12 |
9 | McKinsey & Company Inc | $122,274 | $58.79 | 11 |
10 | SunPower | $122,153 | $58.73 | |
11 | Microsoft | $121,968 | $58.64 | 36 |
12 | USG | $121,908 | $58.61 | |
13 | Arconic | $121,156 | $58.25 | 6 |
14 | Amd | $119,828 | $57.61 | 6 |
15 | Jo-Ann Stores | $119,706 | $57.55 | |
16 | Republic Services | $119,641 | $57.52 | 14 |
17 | Blue Apron | $119,314 | $57.36 | |
18 | Abbott | $119,044 | $57.23 | 48 |
19 | Starz | $118,857 | $57.14 | 7 |
20 | Wabtec Corporation | $118,794 | $57.11 | 4 |
A job description for a manager/finance accounting role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a manager/finance accounting job description:
To find managers/finance accounting for your business, try out a few different recruiting strategies:
During your first interview to recruit managers/finance accounting, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the manager/finance accounting candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
There are different types of costs for hiring managers/finance accounting. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new manager/finance accounting employee.
The median annual salary for managers/finance accounting is $91,315 in the US. However, the cost of manager/finance accounting hiring can vary a lot depending on location. Additionally, hiring a manager/finance accounting for contract work or on a per-project basis typically costs between $31 and $61 an hour.