Average Cash Managers in the United States make around $67K annually. Including potential for bonuses and profit sharing — peaking near $14K and $6K, respectively — total cash payment to Cash Managers can bottom out near $29K or peak near $99K depending on individual performance. Career duration is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and a strong majority earn dental coverage. Job satisfaction for Cash Managers is high. More than half of Cash Managers (65 percent) survey participants are women. This snapshot results from replies to PayScale's salary survey.

$42,729 - $97,589
(Median)
$43K
$67K
$98K
MEDIAN: $67,150
10%
50%
90%

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$9.73 - $22.33
(Median)
$9
$15
$22
MEDIAN: $15.00
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$33K$66K$99K
Salary
$42,729 - $97,589  
   
Bonus
$0.00 - $14,094  
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).
)
$28,855 - $98,881  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 134
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
$9.73 - $22.33  
   
Hourly Tips
$2.08  
Overtime
$20.86 - $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 - $14,094  
   
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).
)
$28,855 - $98,881  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 38
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

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

Common Career Paths for Cash Manager


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Though it's uncommon, some Cash Managers move into roles as Treasury Managers, where pay is an average $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.


Those in the early stages of their career can expect to make around $50K; however, individuals with five to 10 years of experience bring in $68K on average — a distinctly larger sum. Cash Managers with one to two decades of relevant experience report an average salary of approximately $66K. Seasoned veterans with 20 years under their belts enjoy a median income of $75K.

Cash Manager Advice

What do you wish you knew about your job when you first started out?

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

United States (change)

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Experience Affects Cash Manager Salaries

Late-Career
up arrow 20%

Mid-Career
up arrow 9%

Experienced
up arrow 6%

National Average
$62,000

Entry-Level
up arrow 21%

Skills That Affect Cash Manager Salaries


Electronic Banking
0%

National Average
$62,000

Cash Flow Management
up arrow 1%

Cash Handling
up arrow 50%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 28 votes.

Gender

Female
65 %
Male
35 %

Years of Experience

Less than 1 year
2%
1-4 years
26%
5-9 years
23%
10-19 years
34%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 76%
medical benefits
Vision: 66%
dental benefits
None: 11%
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