$118,118
Avg. Salary
$53.00
Avg. Hourly Rate

Average additional compensation:

$14,909

Bonus

$5,420

Profit Sharing

$45,000

Commission

What am I worth?
How should I pay?

The average pay for a Senior Finance Manager is $53.00 per hour.

The average pay for a Senior Finance Manager is $118,118 per year.

10%
$30.64
10%
$53.00
50%
$132.13
90%
90%
MEDIAN $53.00
10%
$86k
10%
$118k
50%
$145k
90%
90%
MEDIAN $118,118
$86,274 - $145,391
$86K
$120K
$150K
MEDIAN: $118,118
10%
50%
90%

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$30.64 - $132
$31
$53
$130
MEDIAN: $53.00
10%
50%
90%

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$0$163K
Salary $86,274 - $145,391
Bonus $4,965 - $25,192
Profit Sharing $250 - $15,170
Commission $45,000
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).
)
$90,307 - $163,548
  • Country: United States
  • Currency: USD
  • Updated: 12 Mar 2019
  • Individuals Reporting: 1,430
Hourly Data $0$132
Hourly Rate $30.64 - $132
Overtime $57.57
Annual Data $0$163K
Bonus $4,965 - $25,192
Commission $45,000
Profit Sharing $250 - $15,170
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).
)
$90,307 - $163,548
  • Country: United States
  • Currency: USD
  • Updated: 12 Mar 2019
  • Individuals Reporting: 12

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.
  • Manage organization's investments and cash needs, proposing changes in policies and procedures as new situations arise.
  • 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.

Senior Finance Manager Pay By Employer

$0$171K

Microsoft Corp
29 profiles
$124,305

$117,278

Common Career Paths for Senior Finance Manager


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Senior Finance Managers may progress into high-paying roles like Senior Finance Director, where median compensation is $177K annually. A Finance Director role is the most prevalent career advancement for Senior Finance Managers. Paychecks for that role are $105K on average. The VP of Finance position is another common transition for Senior Finance Managers; in this role, salaries are typically at the $139K mark.

Senior Finance Manager Job Listings

Popular Skills for Senior Finance Manager


Survey results imply that Senior Finance Managers deploy a substantial tool kit of skills at work. Most notably, skills in Senior Financial Management, Project Management, Forecasting, and Strategic Planning are correlated to pay that is above average, with boosts in pay of 7 percent. Skills that pay less than market rate include Data Analysis. Most people experienced in Financial Reporting also know Budget Management and Financial Modeling. Most people experienced in Financial Analysis also know Financial Modeling and Budget Management.

Pay by Experience Level for Senior Finance Manager

Pay by Experience for a Senior Finance Manager has a positive trend. An entry-level Senior Finance Manager with less than 5 years of experience can expect to earn an average total compensation of $103,000 based on 47 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior 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 $123,000 based on 247 salaries. An experienced Senior Finance Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $131,000 based on 366 salaries. A Senior 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 $137,000 based on 110 salaries.

Pay Difference by Location

National Average: $130,681

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

For those looking to make money, Senior Finance Managers in San Jose enjoy an exceptional pay rate, 28 percent above the national average. Senior Finance Managers will also find cushy salaries in San Francisco (+19 percent), Dallas (+7 percent), Seattle (+6 percent), and San Diego (+5 percent). The lowest-paying market is Philadelphia, which sits 25 percent below the national average, proving that location is a significant contributor to overall pay. Two other places where employers salaries are below the median are Minneapolis and Cincinnati (16 percent lower).

Senior Finance Manager Reviews

Q: What is it like working as a Senior Finance Manager?

Senior Finance Manager in New York:
Pros: Diverse interesting people
Cons: Crowds,

Senior Finance Manager in Houston:
"Good."
Pros: Lots of opportunities
Cons: Long commute

Senior Finance Manager in New York:
"Strict pay structures."
Tailor your management style to each direct report.

Senior Finance Manager in Southfield:
"Good working environment and colleagues."
Pros: Distance.
Cons: Office space.

Senior Finance Manager in Chicago:
"It will require too many sacrifices."
Work life balance. Learn the business. Adapt management style.

Senior Finance Manager in Wilmington:
"Don't ever stop learning."
Don't ever stop evolving in finance there's always a lot of variables, you have to follow the trend when there's change in the environment, finance needs to see it within a reasonable anticipation in order to prepare for a financial loss or a gain.

Senior Finance Manager in New York:
"Leadership."
With broader scope you are unable to give all deliverables the same priorities. I'd recommend challenging your team to propose solutions, rather than coming to you with problems.

Related Job Salaries

Key Stats for Senior Finance Manager

Gender

Female
42 %
Male
58 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 211 votes.
Less than 1 year
0%
1-4 years
4%
5-9 years
28%
10-19 years
51%
20 years or more
16%

Experience Affects Senior Finance Manager Salaries

▲5%

▼0%

National Average
$131,000

▼6%

▼21%

Skills That Affect Senior Finance Manager Salaries



▲2%

Strategic Planning
▲1%


Cost Accounting
▼0%

National Average
$131,000


Accounting
▼1%

Budgeting
▼2%



Microsoft Excel
▼3%

Data Analysis
▼10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 211 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
0%
1-4 years
4%
5-9 years
28%
10-19 years
51%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 90%
vision benefits
Vision: 83%
no benefits
None: 4%