With over one-half of Cash Managers in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Cash Managers is $70K annually and can range from $28K on the lower end to $102K per year near the higher end. With some bonuses approaching $15K and certain profit sharing proceeds approaching $6K, overall incomes of Cash Managers spread between $28K and $102K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by career length. Work is enjoyable for Cash Managers, who typically claim high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. The majority of Cash Managers (62 percent) who took the survey are female.

$42,402 - $98,764
$42K
$70K
$99K
MEDIAN: $70,384
10%
50%
90%

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$9.26 - $21.69
$9
$15
$22
MEDIAN: $14.87
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
$42,402 - $98,764  
   
Bonus
$0.00 - $15,456  
Profit Sharing
$0.00 - $6,082  
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).
)
$27,719 - $101,532  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 121
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
$9.26 - $21.69  
   
Hourly Tips
$2.08  
Overtime
$17.52 - $74.17  
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 - $15,456  
   
Profit Sharing
$0.00 - $6,082  
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).
)
$27,719 - $101,532  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 41

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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Many Cash Managers move into a Treasury Manager role, and folks who currently hold that position report a much higher median income of $87K per year.

Cash Manager Job Listings

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Pay by Experience Level for Cash Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


The average worker who claims fewer than five years of experience earns around $46K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $71K. Cash Managers with one to two decades of relevant experience report an average salary of approximately $67K. Cash Managers who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $76K.

Cash Manager Advice

Q: What is it like working as a Cash Manager?

Cash Manager in Asheville:
"Additional Duties."
Be aware of new duties being added to your responsibilities as falling under cash responsibilities. Everything falls under cash.

Cash Manager in Raytown:
"Be Prepared For Overtime."
I took the position of Cash manager after the role was vacant for a month. A large amount of overtime was needed to get things` running smoothly. The role will be be repetitive since a large part of it is account reconciliation.

Related Job Salaries

Key Stats for Cash Manager

Gender

Female
62 %
Male
38 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.
036
Less than 1 year
3%
1-4 years
22%
5-9 years
23%
10-19 years
36%
20 years or more
16%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Cash Manager Salaries

Late-Career
up arrow 18%

Mid-Career
up arrow 11%

Experienced
up arrow 4%

National Average
$64,000

Entry-Level
up arrow 28%

Skills That Affect Cash Manager Salaries



National Average
$64,000

Electronic Banking
up arrow 2%

Cash Handling
up arrow 51%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
3%
1-4 years
22%
5-9 years
23%
10-19 years
36%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 76%
vision benefits
Vision: 66%
dental benefits
None: 12%
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