Cash Manager Salary

Median pay for Cash Managers in the United States is around $71K annually. Residence is the biggest factor affecting pay for this group, followed by tenure. Cash Managers survey participants are largely women, dominating at 68 percent. Most Cash Managers like their work and job satisfaction is high. Medical benefits are awarded to most, and a strong majority earn dental coverage. The data in this summary comes from the PayScale salary survey.

$48,026 - $102,671
$48K
$72K
$100K
MEDIAN: $71,865
10%
50%
90%

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$9.81 - $24.08
$9
$14
$24
MEDIAN: $14.30
10%
50%
90%

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$0$105K
Salary $48,026 - $102,671
Bonus $503 - $16,611
Profit Sharing $2,150
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).
)
$24,649 - $105,427
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 97
Hourly Data $0$74
Hourly Rate $9.81 - $24.08
Hourly Tips $2.08
Overtime $17.52 - $74.17
Annual Data $0$105K
Bonus $503 - $16,611
Profit Sharing $2,150
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).
)
$24,649 - $105,427
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 38

Find Out Exactly What You Should Be Paid

United States (change)

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

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
67 %
Male
33 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.
Less than 1 year
2%
1-4 years
23%
5-9 years
27%
10-19 years
33%
20 years or more
16%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Cash Manager Salaries

▲19%

▲8%

▲3%

National Average
$65,000

▼24%

Skills That Affect Cash Manager Salaries



National Average
$65,000

Electronic Banking
▼4%

Cash Handling
▼51%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
2%
1-4 years
23%
5-9 years
27%
10-19 years
33%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 77%
vision benefits
Vision: 66%
no benefits
None: 10%
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