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How to hire a finance project manager

Finance project manager hiring summary. Here are some key points about hiring finance project managers in the United States:

  • HR departments typically spend 15% of their expenses on recruitment.
  • It usually takes about 12 weeks for a new employee to reach full productivity levels.
  • It typically takes 36-42 days to fill a job opening.
  • The median cost to hire a finance project manager is $1,633.
  • Small businesses spend an average of $1,105 per finance project manager on training each year, while large companies spend $658.
  • There are currently 52,996 finance project managers in the US and 253,611 job openings.
  • New York, NY, has the highest demand for finance project managers, with 22 job openings.
  • New York, NY has the highest concentration of finance project managers.

How to hire a finance project manager, step by step

To hire a finance project manager, consider the skills and experience you are looking for in a candidate, allocate a budget for the position, and post and promote the job opening to reach potential candidates. Follow these steps to hire a finance project manager:

Here's a step-by-step finance project 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 finance project manager job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new finance project manager
  • Step 8: Go through the hiring process checklist

What does a finance project manager do?

A finance project manager handles the financial analysis of a project management process, including budgeting from the clients' requirements until the forecasting on project revenues. Finance project managers analyze financial statements and account transactions of a company, identifying business opportunities to generate more resources to increase revenue and profits. They create financial reports, recommending cost-reduction techniques to minimize loss while increasing the efficiency of the staff performance, strategizing procedures to maximize productivity, especially on meeting deadlines with high-quality deliverables.

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

    Before you post your finance project manager job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a finance project manager for hire on a part-time basis or as a contractor.

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

    You should also consider the ideal background you'd like them a finance project 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 a finance project manager that fits the bill.

    This list presents finance project manager salaries for various positions.

    Type of Finance Project ManagerDescriptionHourly rate
    Finance Project 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.$35-72
    Manager Finance Planning And AnalysisA 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 AccountingA 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
  2. Create an ideal candidate profile

    Common skills:
    • Project Management
    • Financial Analysis
    • Process Improvement
    • Financial Systems
    • Project Plan
    • Risk Management
    • Business Process
    • PMO
    • Project Scope
    • Real Estate
    • Status Reports
    • Financial Project
    • HR
    • Financial Management
    Check all skills
    Responsibilities:
    • Manage and coordinate all aspect of treasury operations.
    • Manage and implement Hyperion centralize planning/budgeting/forecasting solution.
    • Design all new internal management financial reports during the implementation and develop these reports in the new ERP environment.
    • Team member for ERP and accounting package evaluation and implementation project.
    • Maintain cash and paper flow, including monthly reporting, payroll, and expenses, using QuickBooks.
    • Enhance existing cash flow model and correct Hyperion logic rules as required for acquisitions, disposition and restatements.
    More finance project manager duties
  3. Make a budget

    Including a salary range in your finance project manager job description helps attract top candidates to the position. A finance project 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 finance project manager in Colorado may be lower than in California, and an entry-level finance project manager usually earns less than a senior-level finance project manager. Additionally, a finance project 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 finance project manager salary

    $105,050yearly

    $50.50 hourly rate

    Entry-level finance project manager salary
    $73,000 yearly salary
    Updated December 14, 2025

    Average finance project manager salary by state

    RankStateAvg. salaryHourly rate
    1California$140,095$67
    2New York$118,450$57
    3New Jersey$110,774$53
    4Alaska$106,763$51
    5Massachusetts$106,760$51
    6Texas$106,487$51
    7Washington$106,299$51
    8Connecticut$101,468$49
    9Arizona$99,952$48
    10Delaware$97,948$47
    11Pennsylvania$97,130$47
    12Virginia$93,077$45
    13Wisconsin$90,222$43
    14Ohio$90,216$43
    15Maryland$87,731$42
    16Indiana$87,583$42
    17Illinois$87,327$42
    18Georgia$85,351$41
    19Minnesota$84,691$41
    20District of Columbia$84,461$41

    Average finance project manager salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Meta$161,563$77.67447
    2Google$150,522$72.37342
    3Apple$146,291$70.3343
    4PayPal$138,963$66.8116
    5Crown Castle International$134,925$64.876
    6American Tower$131,248$63.10
    7Pinterest$126,924$61.026
    8Enphase Energy$126,213$60.68
    9Starbucks$124,515$59.865
    10JCPenney$123,554$59.404
    11Morgan Stanley$121,836$58.5877
    12City National Bank$121,090$58.2252
    13Bank of the West$120,482$57.92
    14Barclays$120,440$57.904
    15HP$119,662$57.535
    16Justworks$115,125$55.353
    17Washington Metropolitan Area Transit Authority$114,525$55.06
    18General Electric$113,857$54.74302
    19Agilent Technologies$113,530$54.583
    20Groupon$111,536$53.62
  4. Writing a finance project manager job description

    A job description for a finance project 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 a finance project manager job description:

    Finance project manager job description example

    Work type: Full Time
    School/Department: Controller Grade: Grade 12 Categories: Finance/Accounting Job Type: Officer of Administration Bargaining Unit: Regular/Temporary: Regular End Date if Temporary: Hours Per Week: 35 Salary Range: Position Summary

    Finance and Compliance Manager is responsible for assisting the Sponsored Projects Finance Team with the financial administration of a diverse portfolio of private and public grants and contracts of varied complexity, ensuring that they are administered in a fiscally responsible manner, complying with all applicable rules and regulations established by both the sponsor agency and the University.

    Responsibilities
    Responsible for ensuring the accuracy and timeliness of financial data, assisting in the preparation of financial reports and billings to sponsors, tracking receipt of funding and receivables (aging and uncollectable),collecting accounts receivable for accounts, and participating in account close-out; Provides institutional oversight by monitoring the allowable and appropriate recording of expenses to sponsored projects and the general ledger in order to ensure compliance with generally acceptable accounting principles (GAAP) and sponsor reporting requirements; Prepares required close-out documents for grants and/or contracts, including contractors' releases and assignments; Reviews sponsoring agency policies, regulatory documents and other literature related to sponsored project financial administration to maintain familiarity with granting and contracting agency policies and revisions. Responsible for customer service, a core mission of the department, by identifying internal and external customers and providing them with the appropriate support regarding sponsored project financial administration and general ledger accounting. Assists management in identifying opportunities to streamline and improve processes, providing input for automating processes, and actively implementing changes, as needed. Maintains records in accordance with internal procedures, demonstrating compliance with sponsor regulations concerning equipment, project expenditures and other fiscal concerns, and interacts with auditors during their reviews. Performs special projects and other related duties as assigned. Minimum Qualifications
    Bachelor's degree and/or equivalent Minimum of three years' related accounting experience required Preferred Qualifications
    CPA preferred Experience with grant accounting and/or fund accounting preferred. Demonstrated knowledge of research administration / grants management and accounting business processes preferred. Other Requirements
    Strong proficiency in Microsoft Office (Word, Excel, PowerPoint, Outlook) required. Must be comfortable working with databases and computerized financial systems. Must be able to identify priorities within multiple assignments in a high-pressured, short-deadline environment, and be able to work with diplomacy and efficiency in such an environment. Must be able to demonstrate excellent organizational, analytical, critical thinking, interpersonal, written and oral communication skills. In addition, the successful candidate must be able to work well with all levels of employees, be flexible in nature, have sound judgment with an open and collaborative style that encourages teamwork and cooperation beyond the immediate team to the broader organization. Must have a passion for excellent customer service and commitment to exceptional quality. Equal Opportunity Employer / Disability / Veteran

    Columbia University is committed to the hiring of qualified local residents.

    Applications open: Sep 21 2022Eastern Daylight Time
    Applications close:
  5. Post your job

    To find finance project managers for your business, try out a few different recruiting strategies:

    • Consider internal talent. One of the most important talent pools for any company is its current employees.
    • Ask for referrals. Reach out to friends, family members, and your current work to ask if they know any finance project managers they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit entry-level finance project managers with the right educational background.
    • Social media platforms. LinkedIn, Facebook, and Twitter have more than 3.5 billion users, and they're a great place for company branding and reaching potential job candidates.
    Post your job online:
    • Post your finance project manager job on Zippia to find and recruit finance project manager candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    To successfully recruit finance project 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. You can move on to the technical interview if a candidate is good enough for the next step.

    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 finance project manager

    Once you have selected a candidate for the finance project manager position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the 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.

    Once that's done, you can draft an onboarding schedule for the new finance project manager. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

  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 finance project manager?

Before you start to hire finance project 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 finance project managers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.

Finance project managers earn a median yearly salary is $105,050 a year in the US. However, if you're looking to find finance project managers for hire on a contract or per-project basis, hourly rates typically range between $35 and $72.

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