What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Senior Finance Manager Salary

Six-figure salaries are the norm for Senior Finance Managers in the United States, with median pay hovering around $109K per year. Cash earnings for Senior Finance Managers — which occasionally include more than $24K from bonuses and more than $15K from profit sharing — stretch from around $80K to approximately $152K. Location is the biggest factor affecting pay for this group, followed by career duration. Nearly all enjoy medical and dental coverage in this occupation, and a strong majority get vision benefits. Work is enjoyable for Senior Finance Managers, who typically claim high levels of job satisfaction. Most people who answered the questionnaire are men; 66 percent of Senior Finance Managers are male. This snapshot results from replies to PayScale's salary survey.

$76,431 - $134,999
(Median)
$76K
$110K
$130K
MEDIAN: $108,535
10%
50%
90%

Add this chart to your site: 640px    300px

$10.10 - $62.55
(Median)
$10
$27
$63
MEDIAN: $26.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$60K$120K$180K
Salary
$76,431 - $134,999  
   
Bonus
$3,973 - $24,428  
Profit Sharing
$979 - $15,184  
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).
)
$80,419 - $151,594  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,049
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$30$60$90
Hourly Rate
$10.10 - $62.55  
   
Overtime
$38.20 - $66.30  
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$60K$120K$180K
Bonus
$3,973 - $24,428  
   
Profit Sharing
$979 - $15,184  
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).
)
$80,419 - $151,594  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 17

Find Out Exactly What You Should Be Paid

United States (change)

- OR -

Log in with LinkedIn

Comp Managers Click Here »

Job Description for Senior Finance Manager

The senior finance manager is responsible for many of the monetary operations and decision for their organization. The senior finance manager controls a large amount of a company's capital, including how that capital is spent. To decide how the company's money is best spend, the senior finance manager must be able to create forecasts that explain and predict the results of particular investments. In addition, the senior finance manager is responsible for compiling information on assets and sales (as applicable), and communicating these figure to executives and subordinate managers in the organization. Finally, a senior finance manager is responsible for keeping open lines of communication with business partners to discuss potential joint ventures.

Read More...

Senior Finance Manager Tasks

  • Produce periodic reports on the performance of business initiatives and adherence to budgets.
  • Develop and review organization’s budget, using forecasts and models to determine how to allocate funds.
  • Supervise staff evaluating organization’s financial performance, generating reports, analysis, and models.
  • Manage organization’s investments and cash needs, proposing changes in policies and procedures as new situations arise.

Common Career Paths for Senior Finance Manager


Add this chart to your site:   640px 640px    300px 300px


Although many Senior Finance Managers transition into Finance Director roles, the latter job seems to pay slightly less with an average reported annual income of $102K.

Senior Finance Manager Job Listings

Search for more jobs:

Popular Skills for Senior Finance Manager


Senior Finance Managers report using a deep pool of skills on the job. Most notably, skills in Cost Accounting, Senior Financial Management, Project Management, and Financial Modeling are correlated to pay that is above average, with boosts between 7 percent and 9 percent. Skills that are correlated to lower pay, on the other hand, include Accounting. Most people experienced in Financial Analysis also know Financial Reporting and Budget Management.

Pay by Experience Level for Senior Finance Manager

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


For many Senior Finance Managers, more experience generally translates to higher pay. Those in the early stages of their career can expect to make around $88K; however, individuals with five to 10 years of experience bring in $115K on average — a distinctly larger sum. For Senior Finance Managers, 10 to 20 years of experience on the job amounts to an average salary of $125K. Senior Finance Managers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $132K.

Pay Difference by Location


With a pay rate for Senior Finance Managers that is 26 percent greater than the national average, San Jose offers a comfortable salary for those in this profession. Senior Finance Managers can also look forward to large paychecks in cities like Redmond (+12 percent), San Diego (+10 percent), San Francisco (+9 percent), and Houston (+8 percent). In Cincinnati, salaries are 12 percent below the national average and represent the lowest-paying market. Two other places where employers offer below-median salaries are Austin (10 percent less) and Boston (8 percent less).

Related Job Salaries

United States (change)

Experience Affects Senior Finance Manager Salaries



National Average
$120,000



Skills That Affect Senior Finance Manager Salaries

Cost Accounting
up arrow 9%




Forecasting
up arrow 3%

Financial Analysis
up arrow 2%

Financial Reporting
up arrow 1%

Budgeting
up arrow 1%

National Average
$120,000

Budget Management
up arrow 1%

Strategic Planning
up arrow 1%

Microsoft Excel
up arrow 2%

Accounting
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 270 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

1-4 years
4%
5-9 years
26%
10-19 years
53%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 95% dental benefits Dental: 91%
vision benefits Vision: 80% employee benefits None: 4%