The average salary for a Finance Manager is $81,194 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience. Skills that are associated with high pay for this job are Financial Modeling, Forecasting, and Financial Analysis.
Finance Manager Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$43,425 - $113,107
(Median)
43K
60K
81K
98K
110K
MEDIAN: $81,194
10%
25%
50%
75%
90%
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Finance Manager Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.01 - $40.10
(Median)
12
19
27
40
MEDIAN: $19.00
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$43,425 - $113,107  
   
Bonus
$506 - $19,571  
Profit Sharing
$982 - $13,936  
Commission
$500 - $88,782  
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).
)
$43,495 - $126,022  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 5,798
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$12.01 - $40.10  
   
Overtime
$9.80 - $57.40  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$506 - $19,571  
   
Commission
$500 - $88,782  
Profit Sharing
$982 - $13,936  
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).
)
$43,495 - $126,022  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 5,798
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Job Description for Finance Manager
Finance managers are responsible for analyzing the financials within an organization. They review debit, credit, cash flow, and expenses along with profits and losses. Every month, finance managers prepare reports for senior management to review. Budgets and costs of departmental operations are discussed. Managers are in charge of leading a team of accountants whose jobs it is to maintain the general ledger on a daily basis. Most financial positions require a degree; managers may work their way up the corporate ladder through the accounting department, but only after they demonstrate their extensive knowledge of cash management. It’s up to the finance manager to show how all costs are allocated throughout the company, providing information on capital and revenue. Finance managers are expected to show any issues of bad debt, including bill collection. They work to identify future capital and maintain cash flow information. It’s up to the manager to coordinate all analyses between the accounts payable, accounts receivable and the collections department. Each department plays an important role in the future of the company, so gathering such information every month is critical to the business. Most finance managers work closely with CEOs, CFOs, and the controller as well the accounting group. Maintaining all of this information can be challenging. That’s why having a good background in time management, advance accounting and good work ethics is so vital. The expression “month end” means that all of the money that’s done throughout the month needs to be booked in order to show what the company does on a monthly and a yearly basis. Accountants work extensive hours to gather this information.
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.
Popular Skills for Finance Manager
Pay by Experience Level for Finance Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
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National Average
$85,000
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Finance Manager Salaries

National Average
$85,000

Skills That Affect Finance Manager Salaries

Budget Management
0%
Financial Reporting
0%
National Average
$85,000
Microsoft Excel
up arrow 3%
Job Satisfaction
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Extremely satisfied
Rated 5 out of 5 based on 1360 votes.
Gender
Female
45%
female alumni
 
Male
55%
male alumni
Years of Experience
Less than 1 year
1%
1-4 years
17%
5-9 years
35%
10-19 years
35%
20 years or more
13%
Common Health Benefits
medical benefits Medical: 87% dental benefits Dental: 77%
vision benefits Vision: 62% employee benefits None: 11%
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