Finance Manager in Cincinnati, Ohio Salary
How much does a Finance Manager make in Cincinnati, OH? A Finance Manager in Cincinnati earns an average of $85,468 annually. This is 3% less than the national average for a Finance Manager which is $87,652 per year. Salaries for a Finance Manager in Cincinnati range from $51,236 annually to $118,673 per year. Total Annual Compensation, which includes salary, bonus, and profit sharing for a Finance Manager in Cincinnati ranges from $54,351 to $133,841 annually. Among those reporting, there is an average job satisfaction rating of 5 out of 5 stars. In Cincinnati, men make up the majority of the workforce (65 percent). Many report receiving medical, dental, and vision benefits from their employer.
|Salary||$51,236 - $118,673|
|Bonus||$2,027 - $20,608|
|Profit Sharing||$1,627 - $30,410|
|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).)
|$54,351 - $133,841|
Job Description for Finance Manager
Finance managers develop and monitor departmental budgets. They make relevant financial forecasts for their company. They work with other managers and their staff to establish their company’s future budgets. Their department keeps track of ongoing expenses to make sure that they are not over the budget. They ask relevant managers for clarification when their departmental expenses have surpassed the established budget. They are responsible for accurate and timely reporting of various. They must take ownership of various projects and delegate them to their staff. They follow up with their staff regarding project progress.Read More...
They must ensure that all projects meet established deadlines. They must conduct performance evaluations in a timely manner and provide timely feedback to their staff. They must have prior management or supervisory experience in the same industry. They must have strong leadership and interpersonal skills. They must have excellent oral and written communication skills. They must be able to build strong teamwork. They must be comfortable making presentations and leading various staff meetings.
They must have a bachelor’s degree in finance, management, accounting, business administration, or other relevant fields. Some employers prefer that candidates have CPA certifications and/or MBAs. They must have strong analytical skills. They must be familiar with Microsoft Office suite and their organization's computer system. They must have a high degree of proficiency in working with various financial applications and reporting tools. (Copyright 2017 PayScale.com)
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.
Finance Manager Job Listings
Pay by Experience Level for Finance Manager
Pay by Experience for a Finance Manager has a positive trend. An entry-level Finance Manager with less than 5 years of experience can expect to earn an average total compensation of $65,000 based on 9 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A 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 $98,000 based on 28 salaries. An experienced 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 24 salaries. A 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 $104,000 based on 5 salaries.
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Key Stats for Finance Manager
Rated 5 out of 5
based on 13 votes.