{"id":1000408441,"date":"2022-10-12T08:00:27","date_gmt":"2022-10-12T12:00:27","guid":{"rendered":"https:\/\/www.goingconcern.com\/?p=1000408441"},"modified":"2022-10-11T20:02:50","modified_gmt":"2022-10-12T00:02:50","slug":"public-accounting-salaries-2023-randstad","status":"publish","type":"post","link":"https:\/\/www.goingconcern.com\/public-accounting-salaries-2023-randstad\/","title":{"rendered":"How Are Public Accounting Salaries Stacking Up For 2023? (Part 2, Randstad)"},"content":{"rendered":"

Next up in our preview of accounting salaries for 2023 is the latest Finance & Accounting Salary Guide from staffing agency Randstad<\/a>. Randstad, Robert Half, and Accounting Principals are probably the \u201cbig 3\u201d when it comes to publishing accounting and finance salary prognostications for the coming year. We wrapped up analyzing Robert Half\u2019s 2023 Accounting & Finance Salary Guide<\/a> last week, and we\u2019ll take a look at the new one from Accounting Principals later this week.<\/span><\/p>\n

Randstad has 2023 salary projections for 23 roles under the Accounting category, 13 under Banking, eight under Executive, eight under Finance, four under Internal Audit, two under Procurement\/Purchasing, three under Tax, and three under Treasury. For this post, we\u2019re highlighting projected 2023 salaries for four accounting jobs and three tax jobs, and comparing them to what Randstad thought the salaries for those seven roles would be in 2022<\/a> to see if pay is expected to go up or down next year.<\/span><\/p>\n

Pay data is presented under three ranges\u2014low, mid, and high (last year it was entry-level, mid-level, and senior-level)\u2014to accommodate employees\u2019 varying experience, expertise, time in a specific role, and market demand, according to Randstad.<\/span><\/p>\n

Randstad\u2019s <\/span>PR machine put out a press release promoting the salary guide with the headline of \u201c<\/span>Salaries in Finance & Accounting on the Rise.\u201d Are they tho? For almost all of the seven jobs we highlighted below, yes, salaries are expected to increase next year. The only holdouts are for junior accountant (all three pay ranges are projected to be lower in 2023 than 2022) and staff accountant (2023 projections are lower in the \u201cmid\u201d and \u201chigh\u201d pay ranges than in 2022).<\/span><\/p>\n

Note: Robert Half\u2019s salary guide predicts starting salaries<\/strong> in accounting and finance for 2023; Randstad projects non-starting pay ranges for employees in those roles. Another difference between the two guides: Bob includes pay data for eight roles specifically for public accounting (four in audit and four in tax). Randstad doesn\u2019t have a Public Accounting category, so we had to pick and choose the seven roles we wanted to spotlight in this post. The 2023 salary data for these seven jobs might be helpful to those of you working in PA now who are planning to make the jump to industry next year or for accounting students who are curious about the salary expectations for these roles.<\/span><\/p>\n

Enough blabbing, here they are:<\/p>\n

Accounting manager<\/h2>\n

Low level<\/em><\/p>\n

2023:<\/strong> $108,388 – $119,797
\n2022<\/strong>: $72,480 – $92,512<\/p>\n

Mid level<\/em><\/p>\n

2023:<\/strong> $121,859 – $134,686
\n2022:<\/strong> $92,512 – $120,032<\/p>\n

High level<\/em><\/p>\n

2023:<\/strong> $134,124 – $148,243
\n2022:<\/strong> $120,032 – $160,096<\/p>\n

Junior accountant<\/h2>\n

Low level<\/em><\/p>\n

2023: <\/strong>$55,825 – $61,701
\n2022<\/strong>: $61,240 – $73,437<\/p>\n

Mid level<\/em><\/p>\n

2023: <\/strong>$61,477 – $67,948
\n2022: <\/strong>$73,437 – $81,224<\/p>\n

High level<\/em><\/p>\n

2023: <\/strong>$66,606 – $73,617
\n2022: <\/strong>$81,224 – $90,555<\/p>\n

Senior accountant<\/h2>\n

Low level<\/em><\/p>\n

2023: <\/strong>$82,759 – $91,470
\n2022<\/strong>: $66,846 – $79,199<\/p>\n

Mid level<\/em><\/p>\n

2023: <\/strong>$99,398 – $109,860
\n2022: <\/strong>$79,199 – $90,161<\/p>\n

High level<\/em><\/p>\n

2023: <\/strong>$119,274 – $131,829
\n2022: <\/strong>$90,161 – $103,199<\/p>\n

Staff accountant<\/h2>\n

Low level<\/em><\/p>\n

2023: <\/strong>$64,885 – $71,715
\n2022<\/strong>: $61,240 – $73,437<\/p>\n

Mid level<\/em><\/p>\n

2023: <\/strong>$71,725 – $79,275
\n2022: <\/strong>$73,437 – $81,224<\/p>\n

High level<\/em><\/p>\n

2023: <\/strong>$77,952 – $86,157
\n2022: <\/strong>$81,224 – $97,531<\/p>\n

Tax director<\/h2>\n

Low level<\/em><\/p>\n

2023: <\/strong>$150,738 – $166,604
\n2022<\/strong>: $139,694 – $184,422<\/p>\n

Mid level<\/em><\/p>\n

2023: <\/strong>$190,641 – $210,709
\n2022: <\/strong>$147,698 – $194,989<\/p>\n

High level<\/em><\/p>\n

2023: <\/strong>$238,464 – $263,566
\n2022: <\/strong>$155,729 – $205,593<\/p>\n

Tax accountant<\/h2>\n

Low level<\/em><\/p>\n

2023: <\/strong>$66,871 – $73,910
\n2022<\/strong>: $63,448 – $77,006<\/p>\n

Mid level<\/em><\/p>\n

2023: <\/strong>$80,896 – $89,412
\n2022: <\/strong>$77,006 – $87,118<\/p>\n

High level<\/em><\/p>\n

2023: <\/strong>$94,560 – $104,514
\n2022: <\/strong>$87,118 – $100,000<\/p>\n

Tax manager<\/h2>\n

Low level<\/em><\/p>\n

2023: <\/strong>123,884 – $136,924
\n2022<\/strong>: $94,306 – $115,842<\/p>\n

Mid level<\/em><\/p>\n

2023: <\/strong>$144,120 – $159,290
\n2022: <\/strong>$115,842 – $132,708<\/p>\n

High level<\/em><\/p>\n

2023: <\/strong>$170,616 – $188,575
\n2022: <\/strong>$132,708 – $152,341<\/p>\n

Several big metropolises are projected to have salaries for these accounting and tax positions three to six times higher than the national averages. Here are the cities with double-digit salary variances on the plus side:<\/p>\n

    \n
  • San Francisco: 64.8%<\/li>\n
  • Los Angeles: 57.6%<\/li>\n
  • Stamford, CT: 45%<\/li>\n
  • San Diego: 42.2%<\/li>\n
  • New York City: 37.2%<\/li>\n
  • Boston: 34.5%<\/li>\n
  • Washington, DC: 31.3%<\/li>\n
  • Providence, RI: 27.7%<\/li>\n
  • Seattle: 22.6%<\/li>\n
  • Portland, OR: 21.1%<\/li>\n
  • Baltimore: 17.4%<\/li>\n
  • Philadelphia: 17%<\/li>\n
  • Wilmington, DE: 17%<\/li>\n
  • Denver: 15.3%<\/li>\n
  • Miami\/Fort Lauderdale: 10.8%<\/li>\n<\/ul>\n

    Cities projected to have single-digit salary increases over the national averages next year include:<\/p>\n

      \n
    • Las Vegas: 9.5%<\/li>\n
    • Milwaukee: 7.4%<\/li>\n
    • Phoenix: 7%<\/li>\n
    • Minneapolis: 4.5%<\/li>\n
    • Salt Lake City: 4.4%<\/li>\n
    • Richmond, VA: 3.9%<\/li>\n
    • Pittsburgh: 3%<\/li>\n
    • Tampa: 3%<\/li>\n
    • Chicago: 2.5%<\/li>\n<\/ul>\n

      And then there are cities like Kansas City, MO, and Atlanta that have salaries projected to be below the national rates:<\/p>\n

        \n
      • Little Rock, AR: -8%<\/li>\n
      • Kansas City, MO: -6.1%<\/li>\n
      • Toledo, OH: -5.8%<\/li>\n
      • Columbus, OH: -5.1%<\/li>\n
      • Atlanta: -4.1%<\/li>\n
      • Nashville: -4.1%<\/li>\n
      • Austin, TX: -3.4%<\/li>\n
      • Cincinnati: -3.2%<\/li>\n
      • Cleveland: -3.1%<\/li>\n
      • Houston: -3.1%<\/li>\n
      • Louisville: -2.9%<\/li>\n
      • Raleigh, NC: -2.9%<\/li>\n
      • San Antonio: -2.2%<\/li>\n
      • St. Louis: -2.1%<\/li>\n
      • Charlotte: -1.7%<\/li>\n
      • Indianapolis: -1.9<\/li>\n
      • Dallas: -1.2%<\/li>\n<\/ul>\n

        Randstad found that the most in-demand jobs in accounting and finance are: accounting manager, controller, financial analyst, payroll coordinator\/clerk, and staff accountant.<\/p>\n","protected":false},"excerpt":{"rendered":"

        Next up in our preview of accounting salaries for 2023 is the latest Finance & […]<\/p>\n","protected":false},"author":1000000743,"featured_media":1000408561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36],"tags":[33282,33283,1608,13869,33284],"class_list":["post-1000408441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-salaries","tag-2023-accounting-salary-projections","tag-2023-salary-projections","tag-accounting-salaries","tag-public-accounting-salaries","tag-randstad"],"yoast_head":"\nHow Are Public Accounting Salaries Stacking Up For 2023? 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