Commercial Finance Manager Salary

An average Commercial Finance Manager in the United States can expect to take home roughly $92K annually. Job satisfaction is reported as high by the vast majority of workers. Women make up a slight majority of Commercial Finance Managers (51 percent) survey respondents. Nearly all enjoy medical and dental coverage in this occupation, and almost all get vision benefits.

$63,965 - $113,617
(Median)
$64K
$92K
$110K
MEDIAN: $91,789
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
$63,965 - $113,617  
   
Bonus
$1,961 - $21,331  
Profit Sharing
$3,000  
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).
)
$68,919 - $128,302  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 66
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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

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

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Commercial Finance Managers who responded to the survey report just a handful of professional skills. Forecasting and Financial Analysis are considered valuable skills and can increase employee pay.

Pay by Experience Level for Commercial Finance Manager

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


Respondents with less than five years' experience take home $78K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $100K. Professionals who spend a good 10 to 20 years in the workforce haul in an average of $117K. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $103K by contrast.

Related Job Salaries

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Experience Affects Commercial Finance Manager Salaries

Experienced
up arrow 16%

Late-Career
up arrow 2%

National Average
$101,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 22%

Skills That Affect Commercial Finance Manager Salaries

Forecasting
up arrow 16%

National Average
$101,000

Financial Analysis
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

1-4 years
15%
5-9 years
38%
10-19 years
30%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 98%
dental benefits
Dental: 97%
medical benefits
Vision: 90%
dental benefits
None: 2%
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