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Financial Statement Preparation Jobs (NOW HIRING)

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You will be responsible for preparing, analyzing and auditing financial records for our clients. We are located in newly renovated offices in Willow Grove, PA. Responsibilities: * Assist in planning ...

This role will be responsible for assisting with SEC reporting, financial statement preparation, technical accounting research, and ensuring compliance with U.S. GAAP. The ideal candidate will have a ...

This role will be responsible for assisting with SEC reporting, financial statement preparation, technical accounting research, and ensuring compliance with U.S. GAAP. The ideal candidate will have a ...

Assistant Controller

Jersey City, NJ · On-site

$140K - $160K/yr

The Assistant Controller will be responsible for working closely with the Controller leading a variety of activities across the firm's back office, including financial statement preparation, daily ...

Finance Manager

Springfield, MA · On-site

$100K - $125K/yr

... and financial statement preparation, construction industry experience or other industry with job costing & analysis along with WIP accounting, strong GAAP accounting and reporting and strong ...

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Financial Statement Preparation information

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How much do financial statement preparation jobs pay per hour?

As of Jul 28, 2026, the average hourly pay for financial statement preparation in the United States is $23.35, according to ZipRecruiter salary data. Most workers in this role earn between $18.27 and $26.20 per hour, depending on experience, location, and employer.

What is the difference between Financial Statement Preparation vs Bookkeeper?

AspectFinancial Statement PreparationBookkeeper
Primary RolePreparing financial statements like income statements, balance sheets, and cash flow statementsRecording daily financial transactions, maintaining ledgers, and managing accounts payable/receivable
CredentialsAccounting knowledge, sometimes CPA or accounting certificationsBasic bookkeeping certifications or experience
Work EnvironmentAccounting firms, corporate finance departments, or freelanceSmall businesses, accounting firms, or in-house finance teams

Financial Statement Preparation focuses on creating comprehensive financial reports used for decision-making and compliance, while Bookkeepers handle the day-to-day recording of financial transactions. Both roles are essential in the accounting process but differ in scope and responsibilities.

Can you make $500,000 a year as an accountant?

Financial statement preparation is a key responsibility for accountants, but earning $500,000 annually typically requires senior roles such as CFOs or partners in accounting firms, along with extensive experience, advanced certifications, and leadership skills. Most entry- and mid-level accountants earn significantly less, with high earnings often associated with executive positions or specialized consulting. Achieving such a high income generally involves managerial responsibilities, business development, or ownership in a firm.

What is financial statement preparation?

Financial statement preparation is the process of compiling a company’s financial data into formal reports, such as the balance sheet, income statement, and cash flow statement. These statements provide a clear overview of a company’s financial performance and position during a specific period. Preparing financial statements involves gathering accounting records, ensuring accuracy, and following standardized guidelines like Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Accurate statements are essential for decision-making by management, investors, and regulatory authorities.

Who can prepare a financial statement?

A financial statement can be prepared by qualified professionals such as accountants, auditors, or financial analysts who have the necessary knowledge of accounting principles and financial reporting standards. Typically, individuals preparing financial statements should have relevant education, experience, and sometimes certification like CPA or CMA, depending on the complexity and regulatory requirements of the organization.

How much does a financial accountant get paid?

The average salary for a financial accountant varies by location and experience but typically ranges from $55,000 to $85,000 annually. Entry-level positions may start lower, while experienced accountants with certifications like CPA can earn higher salaries and bonuses.

What are the key skills and qualifications needed to thrive in Financial Statement Preparation, and why are they important?

To thrive in Financial Statement Preparation, you need a solid understanding of accounting principles, financial reporting standards, and a relevant degree such as accounting or finance. Proficiency with accounting software (e.g., QuickBooks, SAP, Oracle) and knowledge of GAAP or IFRS are typically required. Attention to detail, analytical thinking, and strong organizational skills make someone stand out in this role. These skills ensure the accuracy, compliance, and clarity of financial statements, which are crucial for business decision-making and regulatory requirements.

What are some typical challenges encountered when preparing financial statements, and how can professionals address them effectively?

Professionals preparing financial statements often face challenges such as ensuring data accuracy, meeting tight deadlines, adhering to evolving accounting standards, and reconciling discrepancies across multiple accounts. To address these, staying organized, leveraging accounting software, regularly updating knowledge of regulations (such as GAAP or IFRS), and maintaining clear communication with other departments are essential. Collaborating with team members and auditors can help resolve inconsistencies and ensure the statements are both compliant and reliable.

What is the job description of financial statement preparation?

Financial statement preparation involves compiling and organizing financial data to create accurate reports such as balance sheets, income statements, and cash flow statements. Professionals in this role analyze financial information, ensure compliance with accounting standards, and often use accounting software like QuickBooks or Excel. Attention to detail and understanding of accounting principles are essential for this job.
More about Financial Statement Preparation jobs
What cities are hiring for Financial Statement Preparation jobs? Cities with the most Financial Statement Preparation job openings:
What states have the most Financial Statement Preparation jobs? States with the most job openings for Financial Statement Preparation jobs include:
Infographic showing various Financial Statement Preparation job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $48,576 per year, or $23.4 per hour.
Accountant-Financial Statement Preparation

Accountant-Financial Statement Preparation

Luft & Company, P.C.

Willow Grove, PA • On-site

$75K - $100K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 11 days ago

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Job description

We are looking for a Full-Time Auditor to join our team! Our client base is extremely stable for this long-term opportunity. You will be responsible for preparing, analyzing and auditing financial records for our clients. We are located in newly renovated offices in Willow Grove, PA.

Responsibilities:

  • Assist in planning, preparation and conducting of annual audits for clients
  • Retrieve source information from client files and prepare those records for our auditing procedures
  • Assist in the review, verification and analysis of client accounting financial records
  • Preparation of compilation, review and audited financial statements
  • Review compliance with policies applicable to industry laws and regulations
  • Ensure compliance and proper execution of accounting functions in accordance with generally accepted accounting principles
  • Review audit adjustments, audit reports and management letters for presentation to clients
  • Provide consulting services to clients as requested

Qualifications:

  • Bachelor's Degree in Accounting, Business or Finance
  • Currently active Certified Public Accountant required
  • Minimum of 3 years relevant experience
    • It is more important to have a sound working knowledge of accounting, journal entries, account analysis, and yearend accruals and cutoffs than actual auditing experience
  • Demonstrates financial and accounting principles knowledge
  • Microsoft Office proficiency including Excel and Word
  • Ability to think analytically, apply analytical techniques and critical thinking
  • Excellent time management and organizational skills
  • Exceptional written and verbal communication skills
  • Benefits:
  • SIMPLE retirement plan
  • Medical & Dental Insurance
  • Disability Insurance
  • Paid Time Off - Comp Time
  • Vacation, Holiday and sick

Company Description

We are in a beautiful suburban area and just a short distance from the train and bus station, making it an easy commute.