How do public accounting salaries stack up for 2023? (Part 2, Randstad)

Next up in our accounting salary overview for 2023 is the latest finance and accounting salary guide from recruitment agency Randstad. Randstad, Robert Half and Accounting Principals are probably the “big 3” when it comes to publishing accounting and financial salary forecasts for the coming year. We completed the review of Robert Half’s 2023 Accounting and Finance Salary Guide last week, and we’ll be reviewing the new one from Accounting Principals later this week.

Randstad has salary projections for 2023 for 23 positions in Accounting, 13 in Banking, eight in Management, eight in Finance, four in Internal Audit, two in Procurement/Purchasing, three in Tax and three in the Treasury. For this position, weWe highlight the projected salaries for 2023 for four accounting jobs and three tax jobs, and compare them to what Randstad thought the salaries for these seven roles would be in 2022 to see if the salary should go up or down the year. next.

Salary data is presented in three ranges– low, medium and high (last year it was entry level, mid level and top level) – to fit experience, expertise, time spent in a role specific and at the request of the employee market, according to Randstad.

Randstadit is The PR machine issued a press release promoting the salary guide with the title of Finance and accounting salaries on the rise.» Are they? For nearly all of the seven jobs we’ve highlighted below, yes, salaries are expected to rise next year. The only caveats are for the Junior Accountant (all three pay scales are projected to be lower in 2023 to 2022) and the Staff Accountant (2023 projections are lower in the “medium” and “high” pay scales than in 2022) .

Note: Robert Halfsalary guide predicts starting salaries in accounting and finance for 2023; Randstad is projecting no-severance pay scales for employees in these positions. Another difference between the two guides: Bob includes salary data for eight roles specific to public accounting (four in audit and four in tax). Randstad does not have a Public Accounting category, so we had to choose the seven roles we wanted to highlight in this article. The 2023 salary data for these seven jobs might be helpful to those of you currently working in PA who are planning to make the jump to the industry next year or to accounting students who are curious. salary expectations for these roles.

Enough blabla, here they are:

Accounting manager

Low level

2023: $108,388 – $119,797
2022: $72,480 – $92,512

Average level

2023: $121,859 – $134,686
2022: $92,512 – $120,032

High level

2023: $134,124 – $148,243
2022: $120,032 – $160,096

junior accountant

Low level

2023: $55,825 – $61,701
2022: $61,240 – $73,437

Average level

2023: $61,477 – $67,948
2022: $73,437 – $81,224

High level

2023: $66,606 – $73,617
2022: $81,224 – $90,555

Senior Accountant

Low level

2023: $82,759 – $91,470
2022: $66,846 – $79,199

Average level

2023: $99,398 – $109,860
2022: $79,199 – $90,161

High level

2023: $119,274 – $131,829
2022: $90,161 – $103,199

Staff Accountant

Low level

2023: $64,885 – $71,715
2022: $61,240 – $73,437

Average level

2023: $71,725 ​​– $79,275
2022: $73,437 – $81,224

High level

2023: $77,952 – $86,157
2022: $81,224 – $97,531

Tax Director

Low level

2023: $150,738 – $166,604
2022: $139,694 – $184,422

Average level

2023: $190,641 – $210,709
2022: $147,698 – $194,989

High level

2023: $238,464 – $263,566
2022: $155,729 – $205,593

tax advisor

Low level

2023: $66,871 – $73,910
2022: $63,448 – $77,006

Average level

2023: $80,896 – $89,412
2022: $77,006 – $87,118

High level

2023: $94,560 – $104,514
2022: $87,118 – $100,000

Tax Manager

Low level

2023: $123,884 – $136,924
2022: $94,306 – $115,842

Average level

2023: $144,120 – $159,290
2022: $115,842 – $132,708

High level

2023: $170,616 – $188,575
2022: $132,708 – $152,341

Several large metropolises should have salaries for these accounting and tax positions three to six times higher than the national averages. Here are the cities with double-digit pay gaps on the plus side:

  • San Francisco: 64.8%
  • LA: 57.6%
  • Stamford, Connecticut: 45%
  • San Diego: 42.2%
  • New York: 37.2%
  • Boston: 34.5%
  • Washington, D.C.: 31.3%
  • Providence, RI: 27.7%
  • Seattle: 22.6%
  • Portland, OR: 21.1%
  • Baltimore: 17.4%
  • Philadelphia: 17%
  • Wilmington, Germany: 17%
  • Denver: 15.3%
  • Miami/Fort Lauderdale: 10.8%

Cities expected to see single-digit wage increases over national averages next year include:

  • Vegas: 9.5%
  • Milwaukee: 7.4%
  • Phoenix: 7%
  • Minneapolis: 4.5%
  • Salt Lake City: 4.4%
  • Richmond, Virginia: 3.9%
  • Pittsburgh: 3%
  • Tampa: 3%
  • Chicago: 2.5%

And then there are cities like Kansas City, MO, and Atlanta whose salaries are expected to be lower than national rates:

  • Little Rock, AR: -8%
  • Kansas City, MO: -6.1%
  • Toledo, Ohio: -5.8%
  • Columbus, Ohio: -5.1%
  • Atlanta: -4.1%
  • Nashville: -4.1%
  • Austin, TX: -3.4%
  • Cincinnati: -3.2%
  • Cleveland: -3.1%
  • Houston: -3.1%
  • Louisville: -2.9%
  • Raleigh, North Carolina: -2.9%
  • San Antonio: -2.2%
  • St. Louis: -2.1%
  • Charlotte: -1.7%
  • Indianapolis: -1.9
  • Dallas: -1.2%

Randstad has found that the most in-demand jobs in accounting and finance are: accounting manager, controller, financial analyst, payroll coordinator/clerk, and personnel accountant.

Latest Accounting Jobs – Apply Now:

Leave a Reply