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Salaries for an accountant are expected to range, depending on experience, from $57,719 to $104,788 in 2024, as the balance of power tilts slightly back toward employers with the Great Resignation winding down, according to the 2024 Salary Guide from staffing agency Randstad USA.
“Recent years have seen a talent market dominated by rising salaries, candidate scarcity, and the vast majority of power sitting with the candidates themselves, rather than employers. That’s starting to change—albeit slowly,” Randstad said in the salary guide. “But just because your workforce may be more loyal today than they were a year or two ago doesn’t mean it’s time to take your eyes off of hiring and retention. The best lever for attracting and retaining talent is still competitive pay and benefits, and ensuring that your offers align or even exceed what the broader market is offering will continue to be crucial to finding and keeping the talent you need to compete in our changing business landscape.”
In the finance and accounting section of its 2024 Salary Guide, Randstad has pay ranges for 23 different accounting positions, 13 in banking, eight executive roles, seven in finance, four in internal audit, two in procurement/purchasing, three in tax, and three in treasury.
The salary information in the guide has been generated from Randstad’s proprietary data and insights combined with data from Lightcast.io, the U.S. Bureau of Labor Statistics, and other third-party sources.
Pay data is presented under three levels—low, mid, and high—to accommodate employees’ varying experience, expertise, time in a specific role, and market demand, according to Randstad.
The following are the projected 2024 salary ranges for seven roles—four in accounting and three in tax—and how they compare to Randstad’s salary projections for those seven positions in 2023:
Accounting manager
Low level
2024: $90,258 – $109,920
2023: $108,388 – $119,797
Mid level
2024: $109,920 – $144,960
2023: $121,859 – $134,686
High level
2024: $144,960 – $173,342
2023: $134,124 – $148,243
Junior accountant
Low level
2024: $57,719 – $69,004
2023: $55,825 – $61,701
Mid level
2024: $69,004 – $88,525
2023: $61,477 – $67,948
High level
2024: $88,525 – $104,788
2023: $66,606 – $73,617
Senior accountant
Low level
2024: $57,719 – $69,004
2023: $82,759 – $91,470
Mid level
2024: $69,004 – $88,525
2023: $99,398 – $109,860
High level
2024: $88,525 – $104,788
2023: $119,274 – $131,829
Staff accountant
Low level
2024: $57,719 – $69,004
2023: $64,885 – $71,717
Mid level
2024: $69,004 – $88,525
2023: $71,725 – $79,275
High level
2024: $88,525 – $104,788
2023: $77,952 – $86,157
Tax director
Low level
2024: $94,630 – $115,659
2023: $150,738 – $166,604
Mid level
2024: $115,659 – $161,783
2023: $190,641 – $210,709
High level
2024: $161,783 – $201,452
2023: $238,464 – $263,566
Tax accountant
Low level
2024: $64,235 – $75,072
2023: $66,871 – $73,910
Mid level
2024: $75,072 – $92,512
2023: $80,896 – $89,412
High level
2024: $92,512 – $107,621
2023: $94,560 – $104,514
Tax manager
Low level
2024: $104,424 – $119,968
2023: $123,884 – $136,924
Mid level
2024: $119,968 – $142,496
2023: $144,120 – $159,290
High level
2024: $142,496 – $162,725
2023: $170,616 – $188,575
And if you’re curious as to whether having a professional certification makes a big difference in pay, Randstad noted that having a CPA is valued at +12% to any range and a CMA (Certified Management Accountant) is valued at +8% to any range.
Randstad found that the most in-demand jobs in accounting and finance for 2024 are: accounts payable/accounts receivable clerk, accounting manager, controller, financial analyst, and staff accountant.
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