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Finance manager salary

Quoted expert
Dr. William Wood Ph.D.

Average finance manager salary

$101,374

$48.74 hourly rate

Entry-level finance manager salary
$71,000 yearly salary
Updated December 15, 2025

Understanding Finance Manager Salaries

As of October 2025, the average salary for a finance manager is $101,374 per year. This figure can vary significantly based on factors such as geographic location, industry, and years of experience. For instance, finance managers in high-demand sectors or metropolitan areas often earn more than those in smaller markets.

In addition to base salaries, many finance managers receive bonuses and other incentives, which can further enhance their overall compensation package. The demand for skilled finance professionals continues to rise, leading to competitive salaries and diverse job opportunities.

Salaries by Experience Level

Entry-level finance managers can expect to earn less than their more experienced counterparts, but the potential for salary growth is substantial. Typically, professionals in this field see significant salary increases as they gain experience and take on additional responsibilities.

Top Paying States

States such as California and New York offer some of the highest salaries for finance managers, reflecting the cost of living and the concentration of financial institutions in these areas. Understanding these dynamics can help job seekers negotiate better salaries and choose optimal job locations.

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Where can a Finance Manager earn more?

Compare salary by location
Vs
139k
119k
99k
79k
59k
Columbus, OH$119,136
Indianapolis, IN$88,744
Compare salary by company
Vs
221k
201k
181k
161k
141k
Barclays$199,817
Leumi$171,040

Finance manager salaries by experience level

Experience levelAvg. salaryHourly rate
Entry-level finance manager$69,700$33.51
Mid-level finance manager$108,000$51.86
Senior-level finance manager$166,000$79.71

Finance manager salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed, Glassdoor, Ziprecruiter and Payscale, the average salary for a finance manager typically falls between $100,442 and $131,753.
zippia
$101,374yearly
glassdoor[1]
$114,344yearly
indeed[2]
$107,211yearly
Salary.com[3]
$131,753yearly
ZipRecruiter[4]
$124,326yearly
payscale[5]
$100,442yearly

Average finance manager salary by state

The highest-paying states for finance managers are New York, New Jersey, and Massachusetts. The lowest average finance manager salary states are Florida, Louisiana, and Nebraska.

  • State view
  • County view
Average salary:

Highest paying states for finance managers

RankStateAvg. salaryHourly rate
1New York$118,975$57.20
2Connecticut$107,676$51.77
3Washington$105,483$50.71
4Massachusetts$107,869$51.86
5Delaware$105,112$50.53
6New Jersey$108,398$52.11
7California$106,538$51.22
8Rhode Island$100,368$48.25
9Pennsylvania$98,619$47.41
10Virginia$98,790$47.50
11Wisconsin$94,740$45.55
12District of Columbia$99,103$47.65
13Illinois$92,715$44.57
14Minnesota$92,293$44.37
15Maryland$97,995$47.11
16Michigan$93,104$44.76
17New Hampshire$96,726$46.50
18Oregon$94,317$45.34
19North Carolina$89,912$43.23
20Arizona$90,057$43.30
21Ohio$90,765$43.64
22Nevada$89,622$43.09
23North Dakota$89,292$42.93
24West Virginia$92,137$44.30
25Indiana$88,731$42.66
26Texas$83,273$40.04
27Georgia$83,893$40.33
28Wyoming$81,174$39.03
29Montana$88,133$42.37
30South Dakota$84,642$40.69
31Utah$79,094$38.03
32Maine$86,531$41.60
33Iowa$82,797$39.81
34Kentucky$82,300$39.57
35Hawaii$78,459$37.72
36Missouri$80,975$38.93
37New Mexico$83,606$40.20
38Vermont$82,610$39.72
39Arkansas$81,708$39.28
40Colorado$77,564$37.29
41South Carolina$80,754$38.82
42Tennessee$76,736$36.89
43Florida$75,164$36.14
44Alabama$75,596$36.34
45Kansas$78,706$37.84
46Idaho$76,542$36.80
47Nebraska$74,663$35.90
48Alaska$69,867$33.59
49Louisiana$75,016$36.07
50Mississippi$74,390$35.76
51Oklahoma$72,546$34.88

Highest paying cities for finance managers

The highest-paying cities for finance managers are New York, NY, San Francisco, CA, and Jersey City, NJ.

RankCityAvg. salaryHourly rate
1New York, NY$119,136$57.28
2San Francisco, CA$114,595$55.09
3Jersey City, NJ$108,667$52.24
4Boston, MA$107,865$51.86
5Stamford, CT$107,723$51.79
6Seattle, WA$106,214$51.06
7Arlington, VA$99,919$48.04
8Washington, DC$99,240$47.71
9Philadelphia, PA$99,229$47.71
10Baltimore, MD$98,267$47.24
11Milwaukee, WI$95,130$45.74
12Portland, OR$94,445$45.41
13Washington, MI$93,501$44.95
14Chicago, IL$93,102$44.76
15Minneapolis, MN$92,356$44.40
16Cleveland, OH$92,095$44.28
17Raleigh, NC$90,986$43.74
18Phoenix, AZ$90,112$43.32
19Las Vegas, NV$89,387$42.97
20Indianapolis, IN$88,744$42.67

Finance Managers are the most in-demand in these five cities:

  1. New York, NY
  2. San Francisco, CA
  3. Jersey City, NJ
  4. Boston, MA
  5. Stamford, CT

Finance manager salary details

A finance manager's salary ranges from $71,000 a year at the 10th percentile to $144,000 at the 90th percentile.

Average finance manager salary graph
Average finance manager salary graph, trends, and summary

What is a finance manager's salary?

PercentileAnnual salaryMonthly salaryHourly rate
90th Percentile$144,000$12,000$69
75th Percentile$122,000$10,167$59
Average$101,374$8,448$49
25th Percentile$84,000$7,000$40
10th Percentile$71,000$5,917$34

Highest paying finance manager jobs

The highest paying types of finance managers are finance vice president, chief finance officer, and senior finance manager.

Job titleAnnual salaryMonthly salaryHourly rateJob openings
Director Of Administration & Finance$109,366$9,114$52.5880,486
Director Of Operations And Finance$118,503$9,875$56.97186,569
Manager Finance Planning And Analysis$106,888$8,907$51.39111,706
Finance Vice President$147,603$12,300$70.96111,219
Manager/Finance Accounting$91,315$7,610$43.90132,824
Cost Accounting Manager$89,286$7,441$42.9361,135

How would you rate the starting salaries for finance managers, as well as the prospects for salary advancement?

Dr. William Wood Ph.D.

Academic Unit Head, Economics; Director, Center for Economic Education, James Madison University

Starting salaries in economics are good -- better than for most college degrees -- and they get better as economics majors advance in their careers. Economics prepares people for leadership, and people with good leadership skills are often drawn to economics. Both effects operate to give us this observation that economics majors do well in their careers.

Top companies hiring finance managers now:

  1. Ernst & Young jobs (89)
  2. Microsoft jobs (453)
  3. General Electric jobs (202)
  4. Cisco jobs (100)
  5. Amazon jobs (321)

Which companies pay finance managers the most?

Finance manager salaries at Barclays and BNP Paribas are the highest-paying according to our most recent salary estimates. In addition, the average finance manager salary at companies like Pacific Investment Management Company LLC and The Carlyle Group are highly competitive.

RankCompanyAverage salaryHourly rate
1Barclays$199,817$96.07
2BNP Paribas$189,712$91.21
3Pacific Investment Management Company LLC$187,238$90.02
4The Carlyle Group$186,456$89.64
5Shenzhen Capital Group$185,973$89.41
6Evercore$185,477$89.17
7Deutsche Bank$182,711$87.84
8Credit Suisse$182,176$87.58
9Nomura Securities$181,801$87.40
10Aspiration$179,885$86.48
11Francisco Partners$177,514$85.34
12Commerzbank Ag$177,330$85.25
13NVIDIA$175,907$84.57
14Orrick$175,171$84.22
15Meta$174,293$83.79
16Bridgewater Associates$173,660$83.49
17MUFG EMEA$173,298$83.32
18Citi$172,725$83.04
19Goldman Sachs$171,816$82.60
20Leumi$171,040$82.23

Wage gap by gender, race and education

$106,000$104,000$102,000$100,000$98,000$96,000
MaleFemale

Finance Manager salary by industry

The average finance manager salary varies across industries:

  • The average finance manager salary in the finance industry is $118,926, the highest of any industry.
  • The average finance manager salary in the finance industry is $115,985.
  • Finance managers in the health care industry earn an average salary of $97,583, the lowest of any industry.

Highest paying industries for finance managers

RankIndustryAverage salaryHourly rate
1Finance$118,926$57.18
2Technology$115,985$55.76
3Automotive$106,857$51.37
4Manufacturing$106,184$51.05
5Professional$105,506$50.72
6Retail$102,233$49.15
7Telecommunication$102,103$49.09
8Hospitality$98,658$47.43
9Health Care$97,583$46.91

High paying finance manager jobs

Finance manager salary trends

The average finance manager salary has risen by $20,414 over the last ten years. In 2014, the average finance manager earned $80,960 annually, but today, they earn $101,374 a year. That works out to a 10% change in pay for finance managers over the last decade.

Compare finance manager salaries for cities or states with the national average over time.

Average finance manager salary over time

Compare finance manager salaries for individual cities or states with the national average.

Finance manager salary by year

YearAvg. salaryHourly rate% Change
2025$101,000$48.74+3.2%
2024$98,100$47.18+1.5%
2023$96,700$46.49+2.3%
2022$94,500$45.43+2.7%
2021$92,000$44.22+3.1%

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