Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Salary Information for Accounting Directors

Career News November 13, 2013

Accounting directors are managers over several aspects of accounting and business. They oversee the numbers and specifics on payroll, cost accounting, and other business tasks. They report only to top-level management.

The accounting director is in charge of overseeing profit and loss and reporting back to the necessary personnel to solve discrepancies and contain risk. Job titles can include something basic like Accountant level 1-3, lead accountant, senior accounting clerk, or supervisor accounting head.

What the Industry Pays

Considering that there is a lot responsibility involved in this task, the salary quotes are high, coming in at $126,000 median salary. This quote, taken from an HR report, is not a standard by any means, but an estimate on what most accounting directors will make, though factors like education and skills will play a part. The lowest earners, about 10%, make about $37,000, while 50% make less than $60,000.

The more experience and education you present to the hiring committee or manager, the better chance you have in landing a high-paying job. The company you apply to also determines your future. Specializing in insurance or financing, or even IT or construction, will help you find a job where your input is valuable.

Learning niche market skills instantly increases your value as an employee and director, and qualifies you beyond general accounting ability. Another salary factor you can’t ignore is to keep your skills and perspectives up to date. A director of accounting for a large company is expected to keep apprised of the latest regulatory changes in accounting.

The Market Moves and You Move With It!

The occupation itself is growing. According to the U.S. Bureau of Labor Statistics, the profession is growing and thanks in part to more complex financial reporting requirements, as determined by government agencies.

The best move right now, besides earning a degree, is to seek a Certified Public Accountant (CPA) title, which shows the high standard of excellence you keep, as well as the continuing knowledge of modern business that you bring to a company. Much of the work is consultant-level, as you will assist controllers and other financial employees in better organizing their systems, and completing revenue objectives.

The Secret to Success

Besides specialization, the key to success is in higher education. Master’s degree graduates make $134,000 on average, while BA graduates earn $104,000. That is a percentage difference of 29%. The more you know, and the more you demonstrate critical thinking abilities, the higher pay you earn.

While employers are looking for work experience, this comes with educational achievement. Companies will hire entry-level accounting directors, provided that they have a degree, and as the years pass, you can earn certification, thereby qualifying for higher-paying positions.

Accounting directors earn good money for their efforts and the potential for climbing the career ladder is promising. What stands before you now is only the fear of change. With a college education from an accredited school, such as UMCP, you can overcome these challenges and reach a career peak.

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
  • Ranked among the Best Online MBA Programs by U.S. News and World Report in 2015.
  • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
  • About 800 students are enrolled at the main campus, and about half of them commute.
  • Online courses make it possible for students to earn a bachelor’s degree in as little as 18 months and a master’s degree in 14-24 months.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Online bachelor's programs include BBA, Criminal Justice, IT, Healthcare Management, Pscyhology & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
  • We're now Non-Profit.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
  • I am interested in a Bachelor's, Master's or Doctoral degree in my specialized business area of focus.
  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Looking for an Online Business Degree Program That May Improve Your Career Options?
  • EarnMyDegree.com Can Help You Match Your Educational Goals With Your Desired Career.
  • Whether You Are Looking to Earn a Degree Online, or Study at a Nearby Campus, This Is The Place to Connect With a College That May Be Ideal for You.
  • Browse Through Our List Of Online Colleges and Traditional Schools to Determine Potential Places to Earn a Degree NOW!

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
  • Ranked among the Best Online MBA Programs by U.S. News and World Report in 2015.
  • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
  • About 800 students are enrolled at the main campus, and about half of them commute.
  • Online courses make it possible for students to earn a bachelor’s degree in as little as 18 months and a master’s degree in 14-24 months.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Earn your Bachelor of Business Administration (BBA) 100% online
  • Learn business and leadership skills through case studies and intensive projects, culminating in a capstone course
  • Program designed to teach students key concepts in accounting, financial services, and marketing
  • South University brings over 115 years of achievement and tradition to a supportive, online classroom
  • We're now Non-Profit.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Why Earn Your Degree from GCU?
  • Options: Choose from a variety of undergraduate and graduate degree programs in Business, Nursing, Psychology, Education & more!
  • Convenience: Complete courses online, on campus, or a combination of both!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours.
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Learn more today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • View Associates, Bachelors or Graduate Degree Programs in Business Near YOU!
  • Enter YOUR Needs and Requirements. Get Matched to the Perfect Campus or Online Degree Programs for You.
  • Free information for Business Administration and Management, Accounting, Marketing and Advertising, Business Information Systems Degree Programs and MORE.
  • Accredited, Flexible Business Administration and Management Degree Programs to Fit Your Time and Budget. Use our Matching Service - It's Easy and FREE!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!