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How to hire a business manager-finance manager

Business manager-finance manager hiring summary. Here are some key points about hiring business manager-finance managers in the United States:

  • In the United States, the median cost per hire a business manager-finance manager is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new business manager-finance manager to become settled and show total productivity levels at work.

How to hire a business manager-finance manager, step by step

To hire a business manager-finance manager, you need to identify the specific skills and experience you want in a candidate, allocate a budget for the position, and advertise the job opening to attract potential candidates. To hire a business manager-finance manager, you should follow these steps:

Here's a step-by-step business manager-finance manager hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a business manager-finance manager job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new business manager-finance manager
  • Step 8: Go through the hiring process checklist

What does a business manager-finance manager do?

A business manager/finance manager is responsible for handling the financial transactions of an organization, analyzing financial reports, and monitor investment activities. Business managers/finance managers strategize effective techniques to boost the organization's financial performance and identify business opportunities to increase revenues. They also prepare financial statements and assist senior management in making corporate decisions by conducting data and statistical analysis by studying market trends. A business manager/finance manager must have excellent critical thinking and analytical skills, especially in calculating costs and expenses to minimize the company's loss and stabilize profits.

Learn more about the specifics of what a business manager-finance manager does
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  1. Identify your hiring needs

    First, determine the employments status of the business manager-finance manager you need to hire. Certain business manager-finance manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    A business manager-finance manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, business manager-finance managers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

    This list shows salaries for various types of business manager-finance managers.

    Type of Business Manager-Finance ManagerDescriptionHourly rate
    Business Manager-Finance ManagerFinancial 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.$35-73
    Finance Planning ManagerA finance planning manager oversees the budget and finance development processes within a company. Their responsibilities revolve around analyzing financial records, participating in auditing processes, producing reports and forecasts, and coordinating with different company personnel to obtain accurate data... Show more$37-73
    Finance Center ManagerThe duties of a finance center manager depend on one's place or industry of employment. Typically, they are responsible for overseeing the operations of a financial center, ensuring everything is running smoothly... Show more$15-50
  2. Create an ideal candidate profile

    Common skills:
    • Financial Analysis
    • Project Management
    • Financial Management
    • Oversight
    • Shared Services
    • Process Improvement
    • Financial Performance
    • Strong Analytical
    • CPA
    • Financial Data
    • Financial Models
    • Payroll
    • Business Management
    • Cash Management
    Check all skills
    Responsibilities:
    • Project manage implementation of ERP forecasting and budgeting system.
    • Manage accounting operations, accounting period closing, account reporting, and reconciliations.
    • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
    • Identify several ongoing reporting mistakes and leverage accounting experience to determine and implement solutions to align with the standard accounting policy.
    • Execute all aspects of management including payroll, A/R, A/P and OSHA.
    • Establish, coordinate, and supervise treasury functions and international currency management for multiple foreign currency accounts in various countries.
    More business manager-finance manager duties
  3. Make a budget

    Including a salary range in your business manager-finance manager job description helps attract top candidates to the position. A business manager-finance manager salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.

    For example, the average salary for a business manager-finance manager in Arkansas may be lower than in California, and an entry-level business manager-finance manager usually earns less than a senior-level business manager-finance manager. Additionally, a business manager-finance manager with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.

    Average business manager-finance manager salary

    $106,036yearly

    $50.98 hourly rate

    Entry-level business manager-finance manager salary
    $73,000 yearly salary
    Updated January 20, 2026

    Average business manager-finance manager salary by state

    RankStateAvg. salaryHourly rate
    1California$132,738$64
    2Montana$116,105$56
    3Pennsylvania$116,102$56
    4Oregon$115,886$56
    5Massachusetts$115,840$56
    6Delaware$115,684$56
    7Maryland$113,459$55
    8New York$110,056$53
    9Virginia$106,622$51
    10Washington$98,198$47
    11Illinois$96,737$47
    12New Jersey$96,715$47
    13West Virginia$91,323$44
    14Michigan$83,778$40
    15North Carolina$83,501$40
    16Indiana$80,486$39
    17Texas$76,920$37
    18Arkansas$76,342$37
    19Colorado$76,290$37
    20Georgia$74,847$36

    Average business manager-finance manager salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1ZS$146,273$70.326
    2Citi$136,528$65.6456
    3Waymo$135,853$65.319
    4Pacific Gas and Electric$135,347$65.07
    5Palo Alto Networks$134,246$64.5422
    6J.P. Morgan$129,164$62.10
    7SIFMA$126,563$60.85
    8Cisco$125,925$60.5423
    9Atlantic Capital Bank$124,404$59.8119
    10Merrill Lynch$123,853$59.54
    11Nike$123,258$59.267
    12Deutsche Bank$122,755$59.0241
    13Goldman Sachs$122,077$58.6915
    14JPMorgan Chase & Co.$119,806$57.60880
    15Amazon$119,232$57.32439
    16Applied Materials$119,132$57.2734
    17National Mentor Holdings Inc.$116,600$56.06
    18HarperCollins$115,161$55.371
    19The Dow Chemical Company$114,208$54.91
    20Vizio$114,075$54.84
  4. Writing a business manager-finance manager job description

    A good business manager-finance manager job description should include a few things:

    • Summary of the role
    • List of responsibilities
    • Required skills and experience

    Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a business manager-finance manager job description:

    Business manager-finance manager job description example

    Successful candidate will provide program control and financial analysis services in support of advanced Department of Defense (DoD) research and development programs. Will work directly with government customers in a dynamic, multi-function team made up of technical subject matter experts, program and financial analysts, contracts administrators, government testing and experimentation personnel, and project managers to support the advancement of the current state of the art in a wide range of technology thrusts. This individual will need to demonstrate exceptional organizational skills, have financial management experience in support to previous DoD customers, have educational experience in basic business, finance, accounting and economics, and have the ability to work in a fast paced, ever-changing R&D environment with a positive, team oriented attitude.
    Required Skills:

    Active DoD Secret Clearance
    Bachelor's degree
    Ability to prepare DoD financial documents such as Military Interdepartmental Purchase Requests (MIPRs) and working with DoD financial systems including Defense Agencies Initiative (DAI)
    Experience with document management, program planning, solicitation preparation, scientific review evaluation boards planning and support, conference planning, preparing presentations and reports, and general office coordination/management
    Able to prepare and/or review financial documents, tracking program commitments, obligations, and expenditures, and contractor monthly reports and monitoring contractor performance
    Develop reports, briefings, program and contract documents
    Analyze performance metrics and programmatic documents to ensure contractual, cost, and schedule objectives are met, providing programmatic and financial analysis of contractor schedule, and assisting with performance analysis and reporting
    Administer and track multiple program and seedling contracts, and multiple other government agency and services tasks including financial oversight, monitoring program milestones and assisting with document preparation and coordination.
    Responsible for managing program and performer documents via internal network drives and external sharepoint sites.
    Team player with the ability to work in a Federal government client environment and positively interact with clients, contractors, and other DARPA support personnel on a daily basis
    Experience in organizing and facilitating large program meeting and conferences
    Ability to learn quickly, multi-task, and show flexibility, initiative, and innovation in dealing with ambiguous and fast-paced situations
    Strong organizational and analytical skills, detail-oriented, and strong professional oral and written communication skills
    Proficiency in Microsoft Excel/Word/Power Point

    Desired Skills:

    Bachelor Degree in Finance, Business, Project Management, and/or relevant field.
    Active Top-Secret Clearance
    Experience within DARPA with demonstrated knowledge of budget management and financial processes, contracting requirements and project management
    Experience working classified programs and in SCIFs

    ECS is an equal opportunity employer and does not discriminate or allow discrimination on the basis of race, color, religion, gender, age, national origin, citizenship, disability, veteran status or any other classification protected by federal, state, or local law. ECS promotes affirmative action for minorities, women, disabled persons, and veterans.

    ECS is a leading mid-sized provider of technology services to the United States Federal Government. We are focused on people, values and purpose. Every day, our 3000+ employees focus on providing their technical talent to support the Federal Agencies and Departments of the US Government to serve, protect and defend the American People.
  5. Post your job

    There are a few common ways to find business manager-finance managers for your business:

    • Promoting internally or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to meet candidates with the right educational background.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.
    Post your job online:
    • Post your business manager-finance manager job on Zippia to find and recruit business manager-finance manager candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    To successfully recruit business manager-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.

    You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new business manager-finance manager

    Once you've found the business manager-finance manager candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.

    It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

    To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a business manager-finance manager?

Recruiting business manager-finance managers involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.

You can expect to pay around $106,036 per year for a business manager-finance manager, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for business manager-finance managers in the US typically range between $35 and $73 an hour.

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