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How to hire a Manager/Finance Accounting

Manager/finance accounting hiring summary. Here are some key points about hiring managers/finance accounting in the United States:

  • There are a total of 187,963 managers/finance accounting in the US, and there are currently 132,824 job openings in this field.
  • The median cost to hire a manager/finance accounting is $1,633.
  • Small businesses spend $1,105 per manager/finance accounting on training each year, while large companies spend $658.
  • It takes between 36 and 42 days to fill the average role in the US.
  • It takes approximately 12 weeks for a new employee to reach full productivity levels.
  • HR departments typically allocate 15% of their budget towards recruitment efforts.
  • Chicago, IL, has the highest demand for managers/finance accounting, with 17 job openings.

How to hire a manager/finance accounting, step by step

To hire a manager/finance accounting, you should clearly understand the skills and experience you are looking for in a candidate, and allocate a budget for the position. You will also need to post and promote the job opening to reach potential candidates. Here's a step-by-step guide on how to hire a manager/finance accounting:

Here's a step-by-step manager/finance accounting hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a manager/finance accounting job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new manager/finance accounting
  • Step 8: Go through the hiring process checklist

What does a Manager/Finance Accounting do?

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.

Learn more about the specifics of what a manager/finance accounting does
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  1. Identify your hiring needs

    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.

    Determine Employee vs Contractor Status
    Is the person you're thinking of hiring a US citizen or green card holder?

    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 AccountingDescriptionHourly Rate
    Manager/Finance AccountingFinancial 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 ControllerA 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/ControllerAn 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
  2. Create an ideal candidate profile

    Common Skills:
    • Customer Service
    • CPA
    • GAAP
    • Reconciliations
    • Internal Controls
    • Due Diligence
    • External Auditors
    • HR
    • Shared Services
    • Treasury
    • ERP
    • Hyperion
    • Account Reconciliations
    • Process Improvement
    Check All Skills
    Responsibilities:
    • Manage all month-end close including properly accounting for revenue recognition, defer revenue, accruals and performing sub ledger reconciliations.
    • Initiate ongoing departmental projects to automate daily tasks which include the calculations for income distributions and the daily income account reconciliation.
    • Mentor accounting team to enhance their talents including use of ERP systems and software programs.
    • Perform month end and year end close with prep for year-end audit with external CPA firm.
    • Work with outside CPA for tax purposes, as well as established separate LLC for liability reasons.
    • Analyze the business infrastructure needs with regards to the split of ITT, implement new ERP system.
    More Manager/Finance Accounting duties
  3. Make a budget

    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.

    Average manager/finance accounting salary

    $91,315yearly

    $43.90 hourly rate

    Entry-level manager/finance accounting salary
    $65,000 yearly salary
    Updated March 21, 2025

    Average manager/finance accounting salary by state

    RankStateAvg. SalaryHourly Rate
    1New York$107,759$52
    2California$104,499$50
    3Massachusetts$104,105$50
    4Maryland$99,491$48
    5Washington$99,099$48
    6Nevada$98,465$47
    7Pennsylvania$98,040$47
    8Illinois$92,264$44
    9Virginia$91,480$44
    10Minnesota$89,360$43
    11Oregon$89,166$43
    12North Carolina$88,724$43
    13District of Columbia$88,684$43
    14Ohio$87,539$42
    15Arizona$82,423$40
    16Indiana$81,260$39
    17Texas$80,820$39
    18Georgia$79,964$38
    19Colorado$79,627$38
    20Alaska$79,451$38

    Average manager/finance accounting salary by company

    RankCompanyAverage SalaryHourly RateJob Openings
    1Mayo Clinic$179,986$86.5311
    2Genentech$133,353$64.111
    3Pacifi$128,353$61.7110
    4Workday$126,355$60.756
    5Constellation Brands$124,698$59.95
    6Bill & Melinda Gates Foundation$124,269$59.74
    7Alexion Pharmaceuticals$123,828$59.532
    8DoorDash$122,701$58.9912
    9McKinsey & Company Inc$122,274$58.7911
    10SunPower$122,153$58.73
    11Microsoft$121,968$58.6436
    12USG$121,908$58.61
    13Arconic$121,156$58.256
    14Amd$119,828$57.616
    15Jo-Ann Stores$119,706$57.55
    16Republic Services$119,641$57.5214
    17Blue Apron$119,314$57.36
    18Abbott$119,044$57.2348
    19Starz$118,857$57.147
    20Wabtec Corporation$118,794$57.114
  4. Writing a Manager/Finance Accounting Job Description

    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:

    Manager/Finance Accounting job description example

    Cricut is looking to add an integral member to our Accounting Team, the SEC Reporting Manager. Reporting to the VP of Accounting, you will be responsible for all external and SEC financial reporting requirements for Cricut, such as the 10-Qs, S-8's and 10-Ks. You will also play a critical role in all technical accounting areas, including stock-based compensation, equity, as well as the implementation of new standards and other compliance matters. Success in this role requires both public accounting and industry experience, preferably with software as a service experience, and the ability to work in a fast-paced environment.
    What You'll Do:

    Prepare and file SEC Forms 3, 4, 5, 10-K, 10-Q, 8-K, proxy, as applicable; review XBRL tagging of Cricut's financial statements and footnotes

    Ensure accuracy, completeness, and integrity of the company's financial statements in accordance with the US GAAP and SEC Reporting standards, including preparing financial statements and drafting disclosures for both annual and quarterly financial statements

    Review MD&A disclosures for both annual and quarterly financial statements

    Benchmark disclosures against industry peers' filings

    Prepare monthly reconciliation for significant accounts, such as stock-based compensation-related calculations and resulting journal entries, as needed

    Proactively identify, research, and draft technical memos on significant accounting pronouncements and interpret guidance on complex accounting matters, company transactions and initiatives.

    Assist managing the annual SOX planning process and the risk assessment meeting of internal controls over financial reporting; draft and/or formalize policies processes and controls

    Drive coordination with external auditor to perform quarterly reviews and annual financial statement audit, including collecting comments on the various drafts of reports.

    Handle all relevant disclosure checklists and reporting questionnaires.

    Assist in implementing accounting software/SEC reporting software

    In partnership with accounting/finance personnel and other business leaders, build and enhance awareness of various accounting requirements.

    Contribute to research of new accounting guidance and exposure drafts, and analyze impacts

    Own special projects and support Corporate initiatives, as needed.
  5. Post your job

    To find managers/finance accounting for your business, try out a few different recruiting strategies:

    • Consider internal talent. One of the most important talent pools for any company is its current employees.
    • Ask for referrals. Reach out to friends, family members, and your current work to ask if they know any managers/finance accounting they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit entry-level managers/finance accounting with the right educational background.
    • Social media platforms. LinkedIn, Facebook, and Twitter have more than 3.5 billion users, and they're a great place for company branding and reaching potential job candidates.
    Post your job online:
    • Post your manager/finance accounting job on Zippia to find and recruit manager/finance accounting candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    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.

  7. Send a job offer and onboard your new manager/finance accounting

    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.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a manager/finance accounting?

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.

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