Commercial Finance Manager Salary

For Commercial Finance Managers, yearly average wages total $96K annually. Nearly all receive medical and dental insurance and almost all get vision plans. Women make up a slight majority of Commercial Finance Managers (50 percent) survey respondents. Women are just slightly outnumbered, with male Commercial Finance Managers making up 50 percent of survey respondents. For the most part, Commercial Finance Managers enjoy their work and report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.

$64,341 - $123,291
$64K
$96K
$120K
MEDIAN: $96,429
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
$64,341 - $123,291  
   
Bonus
$2,027 - $17,391  
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).
)
$69,805 - $144,830  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 41

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United States (change)

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Job Description for Commercial Finance Manager

Simply put, the goal of a commercial finance manager is to increase profits for their business. These managers analyze various data from company performance and determine areas for improvement, so applicants should have up-to-date knowledge of trends in the marketplace in order to propose new ideas and opportunities. It is also important to keep an eye on the competition to develop the most effective strategies.

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Commercial Finance Manager Tasks

  • Prepare informational analyses on current processes, actual performance versus budget and prior year data.
  • Assist Operations team in Monthly Operations Review.
  • Identify areas for cost reductions and operational improvements.
  • Provide analyses to Operations team.

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Pay by Experience Level for Commercial Finance Manager

Pay by Experience for a Commercial Finance Manager has a positive trend. An entry-level Commercial Finance Manager with less than 5 years of experience can expect to earn an average total compensation of $80,000 based on 17 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Commercial Finance Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $106,000 based on 19 salaries. An experienced Commercial Finance Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $113,000 based on 12 salaries. A Commercial Finance Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $102,000 based on 11 salaries.

Related Job Salaries

Key Stats for Commercial Finance Manager

Gender

Female
50 %
Male
50 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.
1-4 years
24%
5-9 years
44%
10-19 years
24%
20 years or more
7%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Commercial Finance Manager Salaries

Experienced
▲12%

Mid-Career
▲5%

Late-Career
▲1%

National Average
$101,000

Entry-Level
▼21%

Skills That Affect Commercial Finance Manager Salaries


National Average
$101,000

Forecasting
▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

1-4 years
24%
5-9 years
44%
10-19 years
24%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 90%
vision benefits
Vision: 90%
no benefits
None: 10%