Table of Contents
- 1 What Do Finance Managers Do?
- 2 Job Satisfaction for Finance Manager
- 3 Popular Employer Salaries for Finance Manager
- 4 Finance Manager Job Listings
- 5 What Are Popular Skills for Finance Managers?
- 6 What is the Pay by Experience Level for Finance Managers?
- 7 Pay Difference by Location
- 8 Years of Experience
The average salary for a Finance Manager is $91,101.
What Do Finance Managers Do?
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 m
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.
Job Satisfaction for Finance Manager
Popular Employer Salaries for Finance Manager
The top respondents for the job title Finance Manager are from the companies Microsoft Corp, Amazon.com Inc and General Electric Co (GE). Reported salaries are highest at The Boeing Company where the average pay is $118,401. Other companies that offer high salaries for this role include Amazon.com Inc and Johnson & Johnson, earning around $114,839 and $110,457, respectively. Signature Flight Support pays the lowest at around $78,644. General Electric Co (GE) and Microsoft Corp also pay on the lower end of the scale, paying $99,369 and $106,012, respectively.
Finance Manager Job Listings
What Are Popular Skills for Finance Managers?
Skills in Financial Analysis, Budgeting and Forecasting are correlated to pay that is above average. Skills that pay less than market rate include Accounting and Financial Reporting.
What is the Pay by Experience Level for Finance Managers?
An entry-level Finance Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $57,509 based on 117 salaries. An early career Finance Manager with 1-4 years of experience earns an average total compensation of $75,380 based on 1,750 salaries. A mid-career Finance Manager with 5-9 years of experience earns an average total compensation of $95,087 based on 3,155 salaries. An experienced Finance Manager with 10-19 years of experience earns an average total compensation of $97,763 based on 3,145 salaries. In their late career (20 years and higher), employees earn an average total compensation of $89,066.
Pay Difference by Location
Employees with Finance Manager in their job title in San Francisco, California earn an average of 34.5% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (19.5% more) and New York, New York (9.2% more).
Years of Experience
This data is based on 9,397 survey responses.