{"schema_version": 1, "id": "palm-bay-melbourne-titusville-fl-msa/finance/2026-10", "product": "Labor Market Pulse", "metro": {"geography_id": 365, "label": "Palm Bay-Melbourne-Titusville, FL MSA", "slug": "palm-bay-melbourne-titusville-fl-msa"}, "focus_area": {"key": "finance", "slug": "finance", "label": "Finance"}, "period": "2026-10", "public_after": "2026-10-01", "frozen_at": "2026-11-03T05:48:58.946653+00:00", "headline": "Palm Bay finance pay splits sharply by role across the market.", "headline_summary": "Controller pay climbed to $118,333 locally while Tax Specialist pay fell to $42,785 against a national median of $69,556, as Florida's financial sector shed 15,800 jobs statewide.", "key_indicators": [{"label": "Brevard County unemployment", "value": "4.8%", "context": "Up 1.2 pts YoY as of April 2026"}, {"label": "Florida financial activities jobs", "value": "-15,800", "context": "Steepest high-wage sector loss, past 12 months"}, {"label": "National CFO turnover rate", "value": "18.3%", "context": "Highest since pandemic (Crist|Kolder)"}, {"label": "Finance leaders adding contract talent", "value": "70%", "context": "H2 2026, shifting fixed headcount models"}], "takeaways": [{"headline": "Tax Specialist pay is diverging sharply from the national market.", "body": "Metro advertised pay for Tax Specialists sits at $42,785, down moderately, against a national median of $69,556 climbing significantly \u2014 a gap suggesting local employers may be under-leveling the role relative to its national demand trajectory. Compensation benchmarking against national data alone risks understating competitive exposure for this role."}, {"headline": "Controller and FP&A Manager pay signal defensive retention budgeting.", "body": "Controller advertised pay rose moderately to $118,333 against a national $115,420, while FP&A Manager held flat locally at $120,000 even as national pay climbed to $130,000. Local employers appear to be protecting senior finance leadership comp amid the 18.3% national CFO turnover rate, but FP&A Manager flat pay against rising national demand may create a flight risk Controllers should flag early."}, {"headline": "Florida's finance sector contraction is a local hiring opportunity, with caveats.", "body": "Finance and insurance posted the steepest job losses of any high-wage Florida industry over the past year, freeing experienced talent into the market even as Brevard County unemployment ticks up. Hiring managers should expect a deeper candidate pool for mid-level finance roles, though advertised pay softening for Senior Accountant ($79,572, down moderately) suggests some of that supply is already pricing itself down."}, {"headline": "Contract staffing growth complicates audit-readiness planning.", "body": "70% of finance and accounting leaders nationally are increasing contract talent use in H2 2026, a shift that directly affects documentation and internal control continuity during close and audit periods. Metro Finance leaders relying on contract labor to fill gaps left by local pay softening in roles like Tax Specialist should weigh the audit-readiness tradeoff against near-term cost savings."}], "local_conditions": "Palm Bay-Melbourne-Titusville's finance headcount pressures are compounding a tighter state-level contraction \u2014 Florida lost 15,800 financial activities jobs over the past year, with finance and insurance absorbing the steepest share of that decline, while the metro's defense and aerospace-driven economy (computer and electronic product manufacturing steady at 16,900 workers) continues pulling skilled talent toward adjacent sectors. Brevard County unemployment rose to 4.8% in April 2026, up 1.2 points year-over-year, signaling loosening labor supply even as advertised pay for finance roles in the metro shows mixed, role-specific movement.", "implications": "Statewide finance sector contraction alongside local labor slack creates a rare window where Controllers and FP&A leaders can recruit experienced finance talent without the bidding wars seen in 2024-2025, but metro-specific divergence \u2014 Controller pay up moderately to $118,333 while Senior Accountant and Tax Specialist roles have moved down \u2014 suggests budget relief is uneven across the finance org chart. National CFO turnover at 18.3% and 70% of finance leaders increasing contract talent use point toward headcount cost models shifting from fixed FTE to blended contract-FTE structures heading into year-end close and audit cycles. Consider reviewing which finance roles in your organization show local pay softening versus national firming before locking FY2027 compensation budgets, since metro and national trends are no longer moving in tandem across every role.", "looking_ahead": [{"category": "Worth watching", "body": "Florida's financial activities sector lost 15,800 jobs over the past year; watch whether Palm Bay-Melbourne-Titusville's defense-aerospace economy continues absorbing displaced finance talent or whether local finance hiring also contracts into Q1 2027."}, {"category": "Emerging pressure point", "body": "Tax Specialist advertised pay has fallen locally while climbing significantly nationally \u2014 a gap likely to widen heading into tax season hiring, when metro employers compete against remote and national postings for the same talent pool."}, {"category": "Early indicator", "body": "CFO turnover nationally sits at 18.3%, the highest since the pandemic, with external hiring rates climbing to 37.5%. Watch for signs of similar churn among Brevard County's finance leadership roles tied to Renesas Electronics, STR, and other major regional employers."}, {"category": "Potential inflection point", "body": "Brevard County unemployment has risen 1.2 points year-over-year even as Florida's statewide rate improves for a fourth straight month. Diverging local and state trends suggest Finance leaders should treat state-level labor data as a weak proxy for metro conditions this quarter."}], "roles": [{"role": "Controller", "data_scope": "metro", "metro_p25": 88331.0, "metro_p50": 118333.0, "metro_p75": 118334.0, "metro_trend_direction": "up", "metro_trend_magnitude": "moderate", "national_p50": 115420.0, "national_trend_direction": "up", "national_trend_magnitude": "moderate"}, {"role": "Senior Accountant", "data_scope": "metro", "metro_p25": 67600.0, "metro_p50": 79572.0, "metro_p75": 82459.5, "metro_trend_direction": "down", "metro_trend_magnitude": "moderate", "national_p50": 87731.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Financial Analyst", "data_scope": "metro", "metro_p25": 74911.0, "metro_p50": 99388.0, "metro_p75": 105664.0, "metro_trend_direction": "stable", "metro_trend_magnitude": "stable", "national_p50": 94646.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Billing Specialist", "data_scope": "metro", "metro_p25": 35740.0, "metro_p50": 42852.4, "metro_p75": 50000.0, "metro_trend_direction": "up", "metro_trend_magnitude": "moderate", "national_p50": 49000.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Tax Specialist", "data_scope": "metro", "metro_p25": 32301.0, "metro_p50": 42785.0, "metro_p75": 59658.0, "metro_trend_direction": "down", "metro_trend_magnitude": "moderate", "national_p50": 69556.0, "national_trend_direction": "up", "national_trend_magnitude": "significant"}, {"role": "Credit Analyst", "data_scope": "state_rollup", "metro_p25": 57801.0, "metro_p50": 74286.4, "metro_p75": 78475.5, "metro_trend_direction": "up", "metro_trend_magnitude": "moderate", "national_p50": 71397.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "FP&A Manager", "data_scope": "state_rollup", "metro_p25": 102954.25, "metro_p50": 120000.0, "metro_p75": 140000.0, "metro_trend_direction": "stable", "metro_trend_magnitude": "stable", "national_p50": 130000.0, "national_trend_direction": "up", "national_trend_magnitude": "moderate"}], "industry_snapshot": [], "citations": [{"source_name": "Florida Department of Commerce", "source_url": null, "statement": "Florida financial activities jobs fell 15,800 over the past year"}, {"source_name": "Bureau of Labor Statistics", "source_url": null, "statement": "Brevard County unemployment at 4.8% in April 2026, up 1.2 points YoY"}, {"source_name": "Crist|Kolder Associates", "source_url": null, "statement": "CFO turnover projected at 18.3% in 2026, highest since pandemic"}, {"source_name": "Robert Half / AFP FP&A Forum", "source_url": null, "statement": "70% of finance and accounting leaders increasing contract talent use"}, {"source_name": "Florida Department of Commerce", "source_url": null, "statement": "Finance and insurance saw highest percentage job loss among high-wage FL industries"}, {"source_name": "FloridaCommerce", "source_url": null, "statement": "Florida unemployment fell to 4.4% in September 2026, fourth consecutive monthly decline"}], "methodology": "Advertised pay from active employer job postings, not survey data. WageScape's median is calibrated to correct for spurious low-value postings: distribution analysis shows roughly the lowest 10% of raw values are erroneous entries, so the reported median is the 60th percentile of raw advertised pay.", "edition_label": "November 2026", "files": {"html": "palm-bay-melbourne-titusville-fl-msa/finance/2026-10.html", "pdf": "palm-bay-melbourne-titusville-fl-msa/finance/2026-10.pdf"}, "published_at": "2026-11-03T08:27:56.100923+00:00", "report_html_url": "https://reports.wagescape.com/archive/v1/editions/palm-bay-melbourne-titusville-fl-msa/finance/2026-10.html", "report_pdf_url": "https://reports.wagescape.com/archive/v1/editions/palm-bay-melbourne-titusville-fl-msa/finance/2026-10.pdf"}