FIND PERSONALIZED JOBS
Sign up to Zippia and discover your career options with your personalized career search.
APPLY NOW
Apply Now
×
FIND
PERSONALIZED JOBS

CONTENT HAS
BEEN UNLOCKED
Close this window to view unlocked content
or
find interesting jobs in

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign Up

SIGN UP TO UNLOCK CONTENT

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Forgot Password?

Don't have an account? Sign Up

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign up to save the job and get personalized job recommendations.

Sign up to dismiss the job and get personalized job recommendations.

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Already have an account? Log in

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Company Saved

Answer a few questions and view jobs at that match your preferences.

Where do you want to work?

Job Saved

See your Saved Jobs now

or

find more interesting jobs in

Job Dismissed

Find better matching jobs in

Your search has been saved!

Become A Finance Manager

Where do you want to work?

To get started, tell us where you'd like to work.
Sorry, we can't find that. Please try a different city or state.

Working As A Finance Manager

  • Interacting With Computers
  • Communicating with Supervisors, Peers, or Subordinates
  • Guiding, Directing, and Motivating Subordinates
  • Coaching and Developing Others
  • Establishing and Maintaining Interpersonal Relationships
  • Deal with People

  • Unpleasant/Angry People

  • Mostly Sitting

  • Make Decisions

  • $119,000

    Average Salary

What Does A Finance Manager Do

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.

Duties

Financial managers typically do the following:

  • Prepare financial statements, business activity reports, and forecasts
  • Monitor financial details to ensure that legal requirements are met
  • Supervise employees who do financial reporting and budgeting
  • Review company financial reports and seek ways to reduce costs
  • Analyze market trends to maximize profits and find expansion opportunities
  • Help management make financial decisions

The role of the financial manager, particularly in business, is changing in response to technological advances that have substantially reduced the amount of time it takes to produce financial reports. Financial managers’ main responsibility used to be monitoring a company’s finances, but they now do more data analysis and advise senior managers on ways to maximize profits. They often work on teams, acting as business advisors to top executives.

Financial managers also do tasks that are specific to their organization or industry. For example, government financial managers must be experts on government appropriations and budgeting processes, and healthcare financial managers must know about topics in healthcare finance. Moreover, financial managers must be knowledgeable about special tax laws and regulations that affect their industry.

The following are examples of types of financial managers:

Chief financial officers (CFOs) are accountable for the accuracy of a company’s or organization’s financial reporting, especially among publicly traded companies. As head of a company’s entire financial department, they manage the lower level financial managers. They oversee the company’s financial goals, objectives, and budgets.

Controllers direct the preparation of financial reports that summarize and forecast the organization’s financial position, such as income statements, balance sheets, and analyses of future earnings or expenses. Controllers also are in charge of preparing special reports required by governmental agencies that regulate businesses. Often, controllers oversee the accounting, audit, and budget departments of their organization.

Treasurers and finance officers direct their organization’s budgets to meet its financial goals. They oversee the investment of funds and carry out strategies to raise capital (such as issuing stocks or bonds) to support the firm’s expansion. They also develop financial plans for mergers (two companies joining together) and acquisitions (one company buying another).

Credit managers oversee their firm’s credit business. They set credit-rating criteria, determine credit ceilings, and monitor the collections of past-due accounts.

Cash managers monitor and control the flow of cash that comes in and goes out of the company to meet the company’s business and investment needs. For example, they must project cash flow (amounts coming in and going out) to determine whether the company will have a shortage or surplus of cash. 

Risk managers control financial risk by using strategies to limit or offset the probability of a financial loss or a company’s exposure to financial uncertainty. Among the risks they try to limit are those that stem from currency or commodity price changes.

Insurance managers decide how best to limit a company’s losses by obtaining insurance against risks, such as the need to make disability payments for an employee who gets hurt on the job or the costs imposed by a lawsuit against the company.

Show More

Show Less

How To Become A Finance Manager

Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst.

Education

A bachelor's degree in finance, accounting, economics, or business administration is often the minimum education needed for financial managers. However, many employers now seek candidates with a master’s degree, preferably in business administration, finance, or economics. These academic programs help students develop analytical skills and learn financial analysis methods and software.

Licenses, Certifications, and Registrations

Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. The CFA Institute confers the Chartered Financial Analyst (CFA) certification to investment professionals who have at least a bachelor’s degree, 4 years of work experience, and pass three exams. The Association for Financial Professionals confers the Certified Treasury Professional credential to those who pass an exam and have a minimum of 2 years of relevant experience.

Work Experience in a Related Occupation

Financial managers usually have experience in another business or financial occupation. For example, they may have worked as a loan officer, accountant, securities sales agent, or financial analyst. 

In some cases, companies provide formal management training programs to help prepare highly motivated and skilled financial workers to become financial managers.

Important Qualities

Analytical skills. Financial managers increasingly are assisting executives in making decisions that affect their organization, a task which requires analytical ability.

Communication skills. Excellent communication skills are essential because financial managers must explain and justify complex financial transactions.

Detail oriented. In preparing and analyzing reports such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors.

Math skills. Financial managers must be skilled in math, including algebra. An understanding of international finance and complex financial documents also is important.

Organizational skills. Financial managers deal with a range of information and documents and so they must stay organized to do their jobs effectively.

Show More

Show Less

Do you work as a Finance Manager?

Send To A Friend

Finance Manager Jobs

NO RESULTS

Aw snap, no jobs found.

Add To My Jobs

Do you work as a Finance Manager?

Help others decide if this is a good career for them

Average Length of Employment
Finance Manager 4.0 years
Finance Director 3.9 years
Finance Controller 3.6 years
Finance Supervisor 3.6 years
Finance Officer 3.4 years
Finance Leader 3.1 years
Top Careers Before Finance Manager
Accountant 7.0%
Controller 6.0%
Manager 4.2%
Top Careers After Finance Manager
Controller 9.8%
Consultant 4.6%
Manager 4.2%
Accountant 3.4%
Director 3.1%
Owner 2.7%

Do you work as a Finance Manager?

Finance Manager Demographics

Gender

Male

57.5%

Female

40.1%

Unknown

2.4%
Ethnicity

White

59.3%

Hispanic or Latino

15.1%

Black or African American

11.1%

Asian

10.1%

Unknown

4.3%
Show More
Foreign Languages Spoken

Spanish

44.7%

French

11.3%

Chinese

6.5%

Portuguese

5.3%

German

4.8%

Mandarin

4.6%

Russian

4.3%

Arabic

3.1%

Italian

2.8%

Japanese

2.2%

Hindi

2.0%

Korean

1.7%

Cantonese

1.7%

Greek

0.8%

Gujarati

0.7%

Thai

0.7%

Polish

0.7%

Hebrew

0.6%

Vietnamese

0.6%

Carrier

0.6%
Show More

Finance Manager Education

Schools

University of Phoenix

21.4%

New York University

5.5%

DePaul University

5.1%

Strayer University

4.5%

Northeastern University

4.5%

Liberty University

4.4%

Michigan State University

4.4%

University of Chicago

4.3%

George Washington University

4.1%

Arizona State University

4.1%

University of Houston

4.0%

Drexel University

4.0%

University of Southern California

4.0%

University of Texas at Austin

3.9%

University of Connecticut

3.9%

Brigham Young University

3.7%

Southern New Hampshire University

3.6%

University of Florida

3.6%

Pace University - New York

3.5%

Pennsylvania State University

3.5%
Show More
Majors

Business

32.6%

Accounting

24.8%

Finance

21.3%

Management

4.1%

Economics

2.5%

Marketing

2.3%

Psychology

1.3%

Criminal Justice

1.3%

Education

1.0%

Political Science

1.0%

Health Care Administration

0.9%

General Studies

0.9%

Communication

0.9%

Computer Science

0.9%

Human Resources Management

0.8%

International Business

0.7%

Computer Information Systems

0.7%

Project Management

0.7%

Law

0.7%

Nursing

0.6%
Show More
Degrees

Bachelors

37.9%

Masters

36.1%

Other

15.6%

Associate

5.3%

Certificate

3.0%

Doctorate

1.0%

Diploma

0.8%

License

0.3%
Show More

Job type you want
Full Time
Part Time
Internship
Temporary

Real Finance Manager Salaries

Job Title Company Location Start Date Salary
Financial Manager Jet.com, Inc. Hoboken, NJ Dec 28, 2015 $250,000
Financial Manager Jet.com, Inc. Hoboken, NJ Aug 20, 2015 $250,000
Finance Manager S.W. Management LLC New Rochelle, NY Nov 10, 2016 $227,178
Quantitative Finance Manager Bank of America New York, NY Sep 18, 2015 $225,000
Financial Manager-Regulatory Reporting) Sia Partners U.S., Inc. New York, NY Feb 29, 2016 $221,000
Quantitative Financial Manager Two Sigma Investments, LLC New York, NY Jul 03, 2016 $220,813
Financial Manager Dual Commercial LLC Coral Gables, FL Jan 02, 2016 $220,000
Director; Quantitative Finance Manager Bank of America N.A. New York, NY Sep 15, 2015 $215,000 -
$235,000
Director, Quantitative Finance Manager Bank of America N.A. New York, NY May 09, 2016 $215,000 -
$235,000
Financial Manager Unique Business Systems Santa Monica, CA Sep 24, 2016 $200,000
Financial Manager Oak Hill Advisors, L.P. New York, NY Jan 10, 2016 $200,000
Commericial Finance Manager Nearmap Us Inc. San Francisco, CA Jul 20, 2015 $200,000
Quantitative Financial Manager (SSO Compliance) Two Sigma Investments, LP New York, NY Feb 05, 2016 $195,000
Finance Manager, Executive Director Nomura Holding America Inc. New York, NY Mar 09, 2016 $187,500 -
$195,000
Finance Manager Samsung Electronics America, Inc. Herndon, VA Nov 15, 2016 $114,950
Financial Manager Janali, LLC Milwaukee, WI Mar 03, 2016 $114,785
Financial Manager Zaibakprn, LLC Milwaukee, WI Aug 24, 2015 $114,785
Manager, Finance Hewlett-Packard Company Houston, TX May 26, 2015 $114,634 -
$149,506
Corporate Finance Manager Deloitte Corporate Finance LLC New York, NY Mar 10, 2015 $114,500 -
$125,360
Finance Manager-Corpfin-G&A or Other Microsoft Corporation Redmond, WA Jan 13, 2016 $114,400 -
$134,000
Finance Manager Microsoft Corporation Bellevue, WA Jul 23, 2015 $114,100
Finance Manager Microsoft Corporation Redmond, WA Aug 05, 2015 $114,000
Finance Manager Latin America Starwood Hotels & Resorts Worldwide, Inc. North Miami Beach, FL Sep 15, 2016 $99,859
Finance Manager Latin America Starwood Hotels & Resorts Worldwide, Inc. Aventura, FL Sep 15, 2016 $99,859
Financial Manager Smile Family Inc. San Francisco, CA Dec 09, 2016 $99,383
Financial Manager Dolly Enterprises Inc. Tyrone, GA Feb 23, 2015 $99,382
Finance Manager Amgen Inc. Thousand Oaks, CA Sep 11, 2015 $99,216 -
$122,000
Finance Manager Quikforce, Inc. Menlo Park, CA Sep 17, 2016 $99,050

No Results

To get more results, try adjusting your search by changing your filters.

Show More

AVERAGE SALARY FOR A Finance Manager

Average Yearly Salary
$119,000
View Detailed Salary Report
$72,000
Min 10%
$119,000
Median 50%
$119,000
Median 50%
$119,000
Median 50%
$119,000
Median 50%
$119,000
Median 50%
$119,000
Median 50%
$119,000
Median 50%
$195,000
Max 90%
Best Paying Company
Goldman Sachs
Highest Paying City
Providence, RI
Highest Paying State
Rhode Island
Avg Experience Level
3.6 years
How much does a Finance Manager make at top companies?
The national average salary for a Finance Manager in the United States is $119,202 per year or $57 per hour. Those in the bottom 10 percent make under $72,000 a year, and the top 10 percent make over $195,000.

How Would You Rate The Salary Of a Finance Manager?

Have you worked as a Finance Manager? Help other job seekers by rating your experience as a Finance Manager.

Top Skills for A Finance Manager

  1. Financial Statements
  2. Payroll
  3. Ensure Compliance
You can check out examples of real life uses of top skills on resumes here:
  • Prepared monthly, quarterly, and annual financial statements as required by specific management or shareholder agreements.
  • Review bi-weekly payroll for accuracy.
  • Reviewed and established departmental accounting, fiscal policy, and systems guidelines to ensure compliance with fiscal requirements.
  • Provide leadership regarding audit documentation and communication with internal and external auditors regarding proper accounting treatment for revenues and expenses.
  • Interacted internally with company executives, production managers, sales managers and customer service managers.

What is it like to work as a Finance Manager

5.0

Cdgknz

July 31, 2019 on Zippia

What was your job title?

Finance Manager.. Show More

What do you like the most about working as Finance Manager?

Cfibshkb.. Show More

What do you NOT like?

Shanghai ask sh sfhcsgvzshhxsb ej shbshvxru sh sticks d both Django.. Show More

How Would You Rate Working As a Finance Manager?

Are you working as a Finance Manager? Help us rate Finance Manager as a Career.

Rank:

Average Salary:

Embed On Your Website

Top 10 Best States for Finance Managers

  1. New York
  2. Delaware
  3. Connecticut
  4. Massachusetts
  5. California
  6. Washington
  7. New Jersey
  8. Illinois
  9. Wisconsin
  10. Rhode Island
  • (2,606 jobs)
  • (163 jobs)
  • (658 jobs)
  • (1,616 jobs)
  • (6,532 jobs)
  • (1,302 jobs)
  • (1,244 jobs)
  • (2,271 jobs)
  • (559 jobs)
  • (151 jobs)

Top Finance Manager Employers

Jobs From Top Finance Manager Employers

Finance Manager Videos

Finance for Non Finance Managers: The P&L, Balance Sheet & Cash Flow

A Day in the Life of a Finance Manager at eBay

Career Advice on becoming a Finance Manager by Sarah B (Full Version)

Related to your recently viewed content