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Cash manager salary
Average cash manager salary
$93,363
Understanding Cash Manager Salaries
The role of a Cash Manager is vital for organizations, tasked with handling cash flow management and ensuring financial health. As of October 2025, the average salary for a Cash Manager is $93,363 annually, or about $45 per hour. Salaries can vary significantly based on experience, location, and the size of the organization.
Salary by Experience Level
Entry-level Cash Managers earn approximately $70,000, while those with over ten years of experience can command salaries exceeding $120,000. This demonstrates the potential for salary growth as professionals advance in their careers.
Highest Paying States
Cash Managers in states like California, New York, and Texas report the highest salaries, often due to the cost of living and demand for skilled professionals. Understanding these factors can help prospective Cash Managers make informed career decisions.
Conclusion
As financial roles continue to evolve, the demand for qualified Cash Managers remains strong. Professionals in this field can expect competitive compensation and opportunities for growth as they gain experience and expertise.
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Where can a Cash Manager earn more?
Cash manager salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level cash manager | $64,200 | $30.86 |
| Mid-level cash manager | $99,400 | $47.77 |
| Senior-level cash manager | $153,000 | $73.41 |
Cash manager salary estimates from across the web
Average cash manager salary by state
The average cash manager salary in California, Washington, and Virginia are the highest in the U.S. The lowest average cash manager salary states are Ohio, Kentucky, and North Carolina.
- State view
- County view
Highest paying states for cash managers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $108,782 | $52.30 |
| 2 | California | $112,073 | $53.88 |
| 3 | Connecticut | $103,839 | $49.92 |
| 4 | Virginia | $105,691 | $50.81 |
| 5 | Delaware | $99,412 | $47.79 |
| 6 | Nevada | $102,251 | $49.16 |
| 7 | New Jersey | $102,819 | $49.43 |
| 8 | New York | $97,142 | $46.70 |
| 9 | Michigan | $91,483 | $43.98 |
| 10 | District of Columbia | $98,178 | $47.20 |
| 11 | Massachusetts | $92,945 | $44.69 |
| 12 | Maine | $97,322 | $46.79 |
| 13 | Rhode Island | $91,746 | $44.11 |
| 14 | Pennsylvania | $86,951 | $41.80 |
| 15 | Maryland | $93,257 | $44.84 |
| 16 | Wisconsin | $88,612 | $42.60 |
| 17 | Arizona | $84,922 | $40.83 |
| 18 | Alabama | $86,730 | $41.70 |
| 19 | Vermont | $91,603 | $44.04 |
| 20 | Illinois | $84,877 | $40.81 |
| 21 | South Dakota | $87,491 | $42.06 |
| 22 | Florida | $84,654 | $40.70 |
| 23 | Idaho | $87,666 | $42.15 |
| 24 | West Virginia | $84,711 | $40.73 |
| 25 | Louisiana | $87,170 | $41.91 |
| 26 | Kansas | $85,070 | $40.90 |
| 27 | Oklahoma | $86,361 | $41.52 |
| 28 | Tennessee | $82,704 | $39.76 |
| 29 | New Mexico | $86,273 | $41.48 |
| 30 | Texas | $80,312 | $38.61 |
| 31 | New Hampshire | $85,046 | $40.89 |
| 32 | Arkansas | $77,334 | $37.18 |
| 33 | Minnesota | $83,584 | $40.18 |
| 34 | Oregon | $82,861 | $39.84 |
| 35 | Utah | $77,460 | $37.24 |
| 36 | Indiana | $77,433 | $37.23 |
| 37 | Alaska | $79,801 | $38.37 |
| 38 | South Carolina | $79,619 | $38.28 |
| 39 | North Dakota | $80,434 | $38.67 |
| 40 | Georgia | $75,664 | $36.38 |
| 41 | Colorado | $75,583 | $36.34 |
| 42 | Ohio | $75,453 | $36.28 |
| 43 | Iowa | $77,300 | $37.16 |
| 44 | Montana | $77,424 | $37.22 |
| 45 | Missouri | $75,648 | $36.37 |
| 46 | Mississippi | $77,335 | $37.18 |
| 47 | North Carolina | $74,268 | $35.71 |
| 48 | Kentucky | $74,929 | $36.02 |
| 49 | Hawaii | $61,921 | $29.77 |
| 50 | Wyoming | $72,462 | $34.84 |
| 51 | Nebraska | $67,727 | $32.56 |
Highest paying cities for cash managers
The highest-paying cities for cash managers are Redding, CA, Hartford, CT, and Neptune, NJ.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Redding, CA | $119,311 | $57.36 |
| 2 | Hartford, CT | $104,054 | $50.03 |
| 3 | Neptune, NJ | $102,923 | $49.48 |
| 4 | Las Vegas, NV | $101,585 | $48.84 |
| 5 | Portland, ME | $98,099 | $47.16 |
| 6 | New York, NY | $97,237 | $46.75 |
| 7 | Boston, MA | $93,018 | $44.72 |
| 8 | Sterling Heights, MI | $92,201 | $44.33 |
| 9 | Providence, RI | $91,827 | $44.15 |
| 10 | Baton Rouge, LA | $87,471 | $42.05 |
| 11 | Philadelphia, PA | $87,438 | $42.04 |
| 12 | Jacksonville, FL | $85,600 | $41.15 |
| 13 | Phoenix, AZ | $85,217 | $40.97 |
| 14 | Chicago, IL | $85,184 | $40.95 |
| 15 | Overland Park, KS | $85,075 | $40.90 |
| 16 | Minneapolis, MN | $83,627 | $40.21 |
| 17 | Portland, OR | $82,324 | $39.58 |
| 18 | Memphis, TN | $81,997 | $39.42 |
| 19 | Fort Worth, TX | $80,364 | $38.64 |
| 20 | Greenville, SC | $79,432 | $38.19 |
Cash manager salary details
A cash manager's salary ranges from $66,000 a year at the 10th percentile to $130,000 at the 90th percentile.
What is a cash manager's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $130,000 | $10,833 | $63 |
| 75th Percentile | $111,000 | $9,250 | $53 |
| Average | $93,363 | $7,780 | $45 |
| 25th Percentile | $78,000 | $6,500 | $38 |
| 10th Percentile | $66,000 | $5,500 | $32 |
Highest paying cash manager jobs
The highest paying types of cash managers are senior finance manager, banking center manager, and audit manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Manager Finance Planning And Analysis | $106,888 | $8,907 | $51.39 | 111,706 |
| Manager/Finance Accounting | $91,315 | $7,610 | $43.90 | 132,824 |
| Business Manager-Finance Manager | $106,036 | $8,836 | $50.98 | 180,161 |
| Credit And Collection Manager | $71,775 | $5,981 | $34.51 | 38,683 |
| Finance And Insurance Manager | $92,250 | $7,687 | $44.35 | 136,188 |
| Finance Planning Manager | $109,162 | $9,097 | $52.48 | 120,588 |
Top companies hiring cash managers now:
Which companies pay cash managers the most?
Cash manager salaries at PVH and Bayer are the highest-paying according to our most recent salary estimates. In addition, the average cash manager salary at companies like Jetro Cash & Carry and UBS are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | PVH | $116,799 | $56.15 |
| 2 | Bayer | $114,125 | $54.87 |
| 3 | Jetro Cash & Carry Enterprises Inc. | $107,811 | $51.83 |
| 4 | UBS | $107,690 | $51.77 |
| 5 | VitalChek | $105,812 | $50.87 |
| 6 | Beacon Building Products | $105,647 | $50.79 |
| 7 | Fiserv | $105,157 | $50.56 |
| 8 | CNA Insurance | $102,717 | $49.38 |
| 9 | Ecolab | $102,396 | $49.23 |
| 10 | Connors Group | $101,634 | $48.86 |
| 11 | Landstar System | $100,780 | $48.45 |
| 12 | Navigant Consulting | $100,509 | $48.32 |
| 13 | Aspen Dental | $99,127 | $47.66 |
| 14 | Pwc | $98,261 | $47.24 |
| 15 | Shirley Ryan AbilityLab | $98,196 | $47.21 |
| 16 | Joyson Safety Systems | $97,573 | $46.91 |
| 17 | Crown Castle International | $96,164 | $46.23 |
| 18 | Cooper University Health Care | $96,154 | $46.23 |
| 19 | Carrington Mortgage Services, Mortgage Lending Division | $96,036 | $46.17 |
| 20 | CARE | $95,460 | $45.89 |
Wage gap by gender, race and education
Cash Manager salary by industry
The average cash manager salary varies across industries:
- The average cash manager salary in the manufacturing industry is $101,436, the highest of any industry.
- The average cash manager salary in the finance industry is $96,715.
- Cash managers in the health care industry earn an average salary of $81,914, the lowest of any industry.
Highest paying industries for cash managers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Manufacturing | $101,436 | $48.77 |
| 2 | Finance | $96,715 | $46.50 |
| 3 | Professional | $88,120 | $42.37 |
| 4 | Retail | $86,361 | $41.52 |
| 5 | Health Care | $81,914 | $39.38 |
High paying cash manager jobs
Cash manager salary trends
The average cash manager salary has risen by $18,801 over the last ten years. In 2014, the average cash manager earned $74,562 annually, but today, they earn $93,363 a year. That works out to a 10% change in pay for cash managers over the last decade.
Compare cash manager salaries for cities or states with the national average over time.
Average cash manager salary over time
Compare cash manager salaries for individual cities or states with the national average.
Cash manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $93,400 | $44.89 | +3.2% |
| 2024 | $90,400 | $43.45 | +1.5% |
| 2023 | $89,100 | $42.82 | +2.3% |
| 2022 | $87,000 | $41.84 | +2.7% |
| 2021 | $84,700 | $40.73 | +3.1% |
Recently added cash manager salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| CNA Financial Corp | Treasury Cash Manager | Chicago, IL | 06/27/2025 | $72,000 |
| SMBC | US Cash Management Liquidity Manager | New York, NY | 06/12/2025 | $130,000 |
| Sumitomo Mitsui Banking Corporation | US Cash Management Liquidity Manager | New York, NY | 06/11/2025 | $130,000 |
| Meriwest Credit Union | Cash Management Manager | San Jose, CA | 06/10/2025 | $95,186 |
| Reyes Holdings | Invoice To Cash Manager | Niles, IL | 05/28/2025 | $111,770 |
| Intralinks | Manager, Cash Reconciliation Specialist | Dallas, TX | 05/27/2025 | $85,000 |
| Danaher | Credit & Cash Manager | Sunnyvale, CA | 05/26/2025 | $101,000 |
| Trinity Health | Manager, Cash Reconciliation | Livonia, MI | 05/17/2025 | $84,774 |
| Apex Healthcare Partners | Treasury Cash Manager | Montebello, NY | 05/10/2025 | $146,090 |
| SS&C Technologies | Manager, Cash Reconciliation Specialist | Union, NJ | 05/07/2025 | $85,000 |
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