Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Administrative & finance manager hiring summary. Here are some key points about hiring administrative & finance managers in the United States:
Here's a step-by-step administrative & finance manager hiring guide:
An administrative and finance manager handles a company's expenditures, requests, invoices, and other financial documentation. Their primary duty is to oversee a finance team's daily work. Additionally, they must coordinate financial staff, ensure that orders from management are carried out, complete the company's financial statements, and provide tax data for the legal department.
The administrative & finance manager hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
You should also consider the ideal background you'd like them an administrative & finance manager to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an administrative & finance manager that fits the bill.
This list shows salaries for various types of administrative & finance managers.
| Type of Administrative & Finance Manager | Description | Hourly rate |
|---|---|---|
| Administrative & Finance Manager | Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. | $26-51 |
| Manager Finance Planning And Analysis | A manager finance planning and analysis oversees the daily operations of a company's financial planning department. They typically have administrative duties such as setting goals and guidelines, establishing timelines and budgets, delegating tasks among teams and staff, and reviewing financial reports regularly... Show more | $36-71 |
| Manager/Finance Accounting | A manager of finance accounting's role is to oversee the financial activities in a company or organization. Their responsibilities revolve around coordinating with other departments to gather financial data, analyze the revenues and expenditures, and develop written reports and presentations... Show more | $31-61 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $95,212 | $46 |
| 2 | Connecticut | $95,191 | $46 |
| 3 | California | $92,145 | $44 |
| 4 | Massachusetts | $91,953 | $44 |
| 5 | Oregon | $89,205 | $43 |
| 6 | Texas | $88,540 | $43 |
| 7 | District of Columbia | $85,585 | $41 |
| 8 | Illinois | $82,292 | $40 |
| 9 | Virginia | $79,924 | $38 |
| 10 | Maryland | $77,973 | $37 |
| 11 | Arizona | $74,555 | $36 |
| 12 | Pennsylvania | $73,946 | $36 |
| 13 | Florida | $72,488 | $35 |
| 14 | South Carolina | $70,567 | $34 |
| 15 | Alaska | $69,855 | $34 |
| 16 | Colorado | $69,546 | $33 |
| 17 | Minnesota | $67,478 | $32 |
| 18 | Ohio | $67,052 | $32 |
| 19 | Georgia | $66,557 | $32 |
| 20 | Utah | $66,403 | $32 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $151,988 | $73.07 | 25 |
| 2 | Stanford University | $102,295 | $49.18 | 35 |
| 3 | UT Southwestern Medical Center | $96,673 | $46.48 | 21 |
| 4 | Banyan | $94,717 | $45.54 | |
| 5 | Northside Hospital | $91,343 | $43.91 | 6 |
| 6 | Sigma | $90,941 | $43.72 | |
| 7 | Boston Planning & Development Agency | $89,626 | $43.09 | |
| 8 | LVE Partners | $89,229 | $42.90 | |
| 9 | Tranzact | $89,023 | $42.80 | |
| 10 | Northeastern University | $87,864 | $42.24 | 9 |
| 11 | Columbia University in the City of New York | $87,406 | $42.02 | 22 |
| 12 | Yale University | $86,681 | $41.67 | 21 |
| 13 | Federal Reserve Bank | $86,434 | $41.55 | |
| 14 | TREVIICOS | $85,301 | $41.01 | |
| 15 | AMR | $85,251 | $40.99 | |
| 16 | VIP Mortgage The McMahon Team | $84,237 | $40.50 | |
| 17 | One Management Inc | $83,838 | $40.31 | |
| 18 | JSI | $83,838 | $40.31 | |
| 19 | Robert Half | $81,839 | $39.35 | 1,208 |
| 20 | A and G, Inc. | $81,025 | $38.95 | 2 |
A job description for an administrative & finance manager role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's an administrative & finance manager job description:
There are a few common ways to find administrative & finance managers for your business:
To successfully recruit administrative & finance managers, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect administrative & finance manager candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
After that, you can create an onboarding schedule for a new administrative & finance manager. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
Before you start to hire administrative & finance managers, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire administrative & finance managers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
The median annual salary for administrative & finance managers is $76,989 in the US. However, the cost of administrative & finance manager hiring can vary a lot depending on location. Additionally, hiring an administrative & finance manager for contract work or on a per-project basis typically costs between $26 and $51 an hour.