Salary for Financial Managers
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The main duties of a financial manager are to develop financial goals for organizations, produce financial reports, direct investments and other related activities. Most importantly, they are responsible for keeping organizations financially healthy. Financial officers usually have to have at least a bachelor's degree. They are also often required to have at least five years of experience in a related occupation, such as accounting, auditing or loan officers.A Financial Manager can earn a pay level between 88000 and 132000 based on experience and education levels. Financial Managers can get wages of One Hundred Nineteen Thousand Seven Hundred dollars annually.
Financial Managers can get the best compensation in New York, which has average pay levels of near $148070. People with this job title can receive the highest pay in Information, where they receive average wages of $137460.
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The national wage distribution is shown below. To overlay local salaries for a Financial Manager, please select your state.
ANNUAL SALARY
HOURLY RATE
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SALARY TREND
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 30.56 percent nationwide in that time.
INDUSTRIES
Financial Managers tend to make the most in the following industries
| Professional, Scientific, and Technical Services | $137,460 |
| Information | $134,510 |
| Management of Companies and Enterprises | $134,100 |
| Mining, Quarrying, and Oil and Gas Extraction | $129,290 |
| Real Estate and Rental and Leasing | $124,120 |
| Finance and Insurance | $118,480 |
In general, they earn less within the industries below
| Accommodation and Food Services | $92,740 |
| Public Administration | $97,120 |
| Agriculture, Forestry, Fishing and Hunting | $97,210 |
| Educational Services | $98,660 |
| Arts, Entertainment, and Recreation | $100,270 |
| Health Care and Social Assistance | $100,770 |