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salary information

Salary Information for a Financial Reporting Analyst in Washington, DC

Median salary:

This data reflects Total Cash for a Level 2 Financial Reporting Analyst at a mid-size company. To get more detailed information on total compensation for the role of Financial Reporting Analyst in Washington, DC, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
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Behind the numbers

What is the adjusted total comp for a Financial Reporting Analyst in Washington, DC?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

80.2

Total Comp (TC)

Cost of Living (COL) Index
80.2
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Financial Reporting Analyst in Washington, DC?

Works on external financial reporting, consolidation of financial results, technical accounting research and other projects, e.g. mergers and acquisitions support. Identifies and reports accounting issues and performs related research and documentation on all technical accounting matters. Coordinates and aids in the preparation of debt/equity transactions, including regulatory registrations and submissions.

What are the characteristics of a level 2 Financial Reporting Analyst?

A level 2 Financial Reporting Analyst in Washington, DC has well developed professional and technical expertise. Their work impacts the quality and timeline of part of a product or service. They typically have 3 yearas of average experience.

Financial Reporting Analyst

Benchmark Role

Individual Contributor

Job Type

Financial Reporting

Job Family

Business

Job Area

Quality of Life in Washington, DC on an $89,550 Salary

Living in Washington, DC can present unique financial and lifestyle challenges and opportunities compared to other parts of the United States. Someone earning $89,550 annually may experience varying levels of comfort based on the cost of living, housing market, healthcare access, and the quality of educational institutions.

Cost of Living

  • Higher than National Average: Washington, DC is known for its relatively high cost of living. Essentials such as groceries, transportation, and utilities can be more expensive.
  • Transportation: Public transportation is efficient, potentially reducing the need for a personal vehicle.
  • Dining and Entertainment: A robust dining scene and cultural events offer ample options but can add to expenses.

Housing Market

  • High Property Prices: Real estate in DC is significantly pricier than the national average.
  • Renting vs. Buying: Many residents opt for rental properties due to the high cost of purchasing a home.
  • Space and Location: City living often means less space for the price compared to suburban or rural areas.

Quality of Life

  • Employment Opportunities: DC offers numerous job opportunities, especially in government and related fields.
  • Cultural and Recreational Activities: A rich cultural scene with museums, theaters, and parks enhances life quality.
  • Commute and Infrastructure: Well-maintained infrastructure supports an efficient commute, contributing positively to daily life.

Access to Healthcare

  • High-Quality Medical Facilities: The city boasts some of the nation's top hospitals and healthcare facilities.
  • Insurance and Costs: While healthcare quality is high, costs can be above the national average, making insurance crucial.

Quality of K-12 Schools

  • Varied School Quality: A mixture of public and highly-regarded private schools, though public school quality can vary widely by neighborhood.
  • Education Choices: Charter schools provide additional options to parents seeking alternatives to traditional public schools.

Summary Assessment

Living in Washington, DC with an annual income of $89,550 provides access to diverse job opportunities and cultural experiences, though it requires careful budgeting due to high living costs, particularly in housing. With access to superior healthcare and mixed-quality educational institutions, residents may enjoy a fulfilling lifestyle while managing the financial demands of living in a bustling metropolitan area.

See salary information for the Financial Reporting Analyst role elsewhere in the United States

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OpenComp aggregates multiple data sources to provide accurate salary data for Washington, DC, specifically for a Level 2 Financial Reporting Analyst. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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