Cash Manager Salary

Nearly one-half of Cash Managers in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $27K to $101K per year, and the average comes out to $71K per year. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Cash Managers survey participants are largely women, dominating at 64 percent. For the most part, Cash Managers enjoy their work and report high levels of job satisfaction. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Respondents to the PayScale salary survey provided the data for this report.

$42,513 - $98,942
$43K
$71K
$99K
MEDIAN: $71,467
10%
50%
90%

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$9.21 - $21.73
$9
$15
$22
MEDIAN: $14.83
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$42,513 - $98,942  
   
Bonus
$0.00 - $17,452  
Profit Sharing
$1,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$26,846 - $101,336  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 109
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$9.21 - $21.73  
   
Hourly Tips
$2.08  
Overtime
$17.36 - $74.87  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $17,452  
   
Profit Sharing
$1,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$26,846 - $101,336  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 40

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Cash Manager

The cash manager is a position that is generally sought after by a large variety of companies in many industries. The prospective employee will need several years of experience working in accounting and finance, with cash management and banking system experience being the most preferable. A bachelor's degree is generally required by most companies, specializing in accounting, finance, or another business field. However, a master's degree is preferable. Some companies will require that the cash manager also be a certified public accountant. A good understanding of the Microsoft Office suite of products would be very helpful.

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Cash Manager Tasks

  • Monitor cash flow, including account balances, cash movement, bills, and taxes.
  • Track profitability, risks and losses, letter of credit requirements, and other financial data.
  • Approve and release payments, investing or borrowing when required.
  • Track employee expenses, receipts, and other in-house expenditures.

Common Career Paths for Cash Manager


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It's not very common for Cash Managers to move on to become Treasury Managers. Average pay for a Treasury Manager is $87K annually.

Cash Manager Job Listings

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Pay by Experience Level for Cash Manager

Pay by Experience for a Cash Manager has a positive trend. An entry-level Cash Manager with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 52 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Cash Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $70,000 based on 50 salaries. An experienced Cash Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $67,000 based on 60 salaries. A Cash Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $77,000 based on 26 salaries.

Related Job Salaries

Key Stats for Cash Manager

Gender

Female
64 %
Male
36 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.
Less than 1 year
3%
1-4 years
22%
5-9 years
24%
10-19 years
33%
20 years or more
17%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Cash Manager Salaries

▲20%

▲9%

▲3%

National Average
$64,000

▼23%

Skills That Affect Cash Manager Salaries



National Average
$64,000

Electronic Banking
▼3%

Cash Handling
▼51%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

Less than 1 year
3%
1-4 years
22%
5-9 years
24%
10-19 years
33%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 75%
vision benefits
Vision: 65%
no benefits
None: 12%