Financial Manager Salary

A Financial Manager earns an average salary of $67,064 per year. For the first five to ten years in this position, pay increases sharply, but any additional experience does not have a big effect on pay. The skills that increase pay for this job the most are Forecasting, Senior Financial Management, and Financial Analysis.
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$41,312 - $109,213
(Median)
$41K
$67K
$110K
MEDIAN: $67,063
10%
50%
90%

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$13.69 - $33.77
(Median)
$14
$21
$34
MEDIAN: $21.00
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$50K$100K$150K
Salary
$41,312 - $109,213  
   
Bonus
$0.00 - $15,344  
Profit Sharing
$0.00 - $7,861  
Commission
$300.00  
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).
)
$37,480 - $113,447  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 964
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
$13.69 - $33.77  
   
Overtime
$0.00 - $47.74  
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 - $15,344  
   
Commission
$300.00  
Profit Sharing
$0.00 - $7,861  
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).
)
$37,480 - $113,447  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 163
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Job Description for Financial Manager

A financial manager usually works directly for a company or a consulting firm, although a financial manager can work in all sorts of fields. The financial manager helps the organization become aware of weaknesses and risks regarding its financial situation. The manager then offers suggestions as to how financial goals can be achieved.

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Financial Manager Tasks

  • Manage client accounts and act as the subject matter expert for budgetary decisions.
  • Refine and implement monthly, quarterly, and annual reports for designated groups.
  • Prepare and submit budget and resource reports and statements, with an eye towards compliance.
  • Perform ad hoc, non-routine financial analysis as needed.

Common Career Paths for Financial Manager


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Financial Manager Job Listings

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Popular Skills for Financial Manager

Pay by Experience Level for Financial Manager

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

Pay Difference by Location

National Average: $64,896

Larger city markers indicate a job is popular in that location.

Financial Manager Reviews

What is it like working as a Financial Manager at Biewer Lumber?

Financial Manager in St Clair:
"Office Conditions."
Pros: My co-workers are the best part of my job. The diversity of work with the various companies certainly helps with burnout and boredom in my position even though every month I do have a routine in the types of work/projects that I must complete. The convenience of being close to home is nice but not necessarily something that would keep me from leaving for a better job.
Cons: There is a different set of rules for each department and my department is the most exploited and least rewarded in the office. Most of the department is underpaid because there is no report to show our "worth" to the company like sales can do. Annual salary increases seem to be based upon favoritism and personal relationships with the supervisor. Every year our department has been burdened with more and more work due to the company's growth and yet has experienced the least amount of wages increases compared to the rest of the office. No opportunities for growth or salary increases within the department and moving to a different department within the company has been next to impossible.

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Experience Affects Financial Manager Salaries




National Average
$65,000


Skills That Affect Financial Manager Salaries






Microsoft Excel
0%

National Average
$65,000

Financial Reporting
up arrow 4%





General Ledger Accounting
up arrow 22%


Bookkeeping
up arrow 23%

Accounts Receivable
up arrow 29%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 194 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
3%
1-4 years
20%
5-9 years
26%
10-19 years
30%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 64%
medical benefits
Vision: 50%
dental benefits
None: 14%
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