Whether you are a senior accounting professional or just starting out, the right information will help you determine which salary range is right for you. You will want to consider the role you are pursuing, as well as your level of education and career progression, to determine the best fit for you.
As with most roles, salary rates vary based on where you live. For instance, the average nonprofit organization senior accountant salary was higher in large urban centers like New York City and Washington, D.C., according to Indeed. Moreover, your years of experience will have a significant impact on the pay you receive as a senior accountant.
Increasing your senior accountant salary may also be possible through a change of employer or by earning additional credentials and certifications that will increase your overall value to the company you work for. This isn’t a decision to take lightly, however, as it could require a commitment of time and money that you may not be ready for.
The other major factor in determining your senior accountant salary is how effective you are at negotiating. While some companies set their compensation at a predetermined rate, those who know how to negotiate will likely find themselves getting higher offers than they might have expected. Having strong negotiating skills is essential for any career in finance and accounting, but especially so for those seeking to move into management roles as a senior accountant. Senior accountant salary