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Financial Manager

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What Does it Take to Be a Financial Manager?

Example of Financial Manager Job Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Types of Financial Manager Jobs

  • City Treasurer
  • Banking Manager
  • City Comptroller
  • Fiscal Manager
  • Residential Mortgage Manager

Is There Going to be Demand for Financial Managers?

In 2016, there was an estimated number of 580,400 jobs in the United States for Financial Manager. New jobs are being produced at a rate of 18.7% which is above the national average. The Bureau of Labor Statistics predicts 108,600 new jobs for Financial Manager by 2026. Due to new job openings and attrition, there will be an average of 56,900 job openings in this field each year.

Forecasted Number of Jobs for Financial Managers in U.S.

The states with the most job growth for Financial Manager are Utah, Nevada, and Arizona. Watch out if you plan on working in Alaska, Maryland, or District of Columbia. These states have the worst job growth for this type of profession.

Financial Manager Average Salary

The typical yearly salary for Financial Managers is somewhere between $67,620 and $208,000.

Salary Ranges for Financial Managers

Financial Managers who work in New York, New Jersey, or Delaware, make the highest salaries.

Below is a list of the median annual salaries for Financial Managers in different U.S. states.

State Annual Mean Salary
Alabama $128,690
Alaska $110,010
Arizona $117,620
Arkansas $106,530
California $157,480
Colorado $163,740
Connecticut $167,160
Delaware $167,110
District of Columbia $166,710
Florida $132,850
Georgia $145,920
Hawaii $118,740
Idaho $95,690
Illinois $144,680
Indiana $119,820
Iowa $114,620
Kansas $129,660
Kentucky $114,420
Louisiana $106,950
Maine $119,080
Maryland $152,180
Massachusetts $148,300
Michigan $128,270
Minnesota $133,970
Mississippi $101,840
Missouri $136,520
Montana $109,940
Nebraska $113,910
Nevada $123,890
New Hampshire $124,700
New Jersey $175,880
New Mexico $104,790
New York $210,510
North Carolina $149,710
North Dakota $123,890
Ohio $135,610
Oklahoma $111,700
Oregon $118,680
Pennsylvania $156,730
Rhode Island $145,120
South Carolina $125,710
South Dakota $132,030
Tennessee $111,460
Texas $149,990
Utah $110,750
Vermont $113,610
Virginia $164,030
Washington $136,480
West Virginia $102,670
Wisconsin $134,850
Wyoming $116,920

Financial Managers Sector

Financial Manager Sectors

The table below shows some of the most common industries where those employed in this career field work.

Financial Manager Industries

References:

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More about our data sources and methodologies.

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