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How to hire a manager, finance analysis

Manager, finance analysis hiring summary. Here are some key points about hiring managers, finance analysis in the United States:

  • The median cost to hire a manager, finance analysis is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • HR departments typically allocate 15% of their budget towards recruitment efforts.
  • Small businesses spend $1,105 per manager, finance analysis on training each year, while large companies spend $658.
  • It takes approximately 12 weeks for a new employee to reach full productivity levels.
  • There are a total of 110,140 managers, finance analysis in the US, and there are currently 110,310 job openings in this field.
  • Rolling Meadows, IL, has the highest demand for managers, finance analysis, with 13 job openings.

How to hire a manager, finance analysis, step by step

To hire a manager, finance analysis, 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 manager, finance analysis, you should follow these steps:

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

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

What does a manager, finance analysis do?

A financial analysis manager, mainly responsible for managing all financial-related activities for their organization, collects data related to financial performance and consolidates it into company reports. Typically, they manage the preparation and calculation of monthly, quarterly, and annual budgets. They interpret raw financial data with the help of the financial analyst leading the organization to reach financial decisions. They also analyze company allocated budgets for inconsistencies and accounting discrepancies. They also create financial models to accurately analyze possible business changes.

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

    Before you start hiring a manager, finance analysis, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

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

    A manager, finance analysis's background is also an important factor in determining whether they'll be a good fit for the position. For example, managers, finance analysis 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.

    Here's a comparison of manager, finance analysis salaries for various roles:

    Type of Manager, Finance AnalysisDescriptionHourly rate
    Manager, Finance AnalysisFinancial 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.$39-72
    Banking Center ManagerA banking center manager is responsible for monitoring bank operations, auditing financial transactions, and ensuring that the banking staff provides the highest customer service for their clients. Banking center managers assist the team members in responding to the customers' inquiries and concerns regarding the financial options they offer, opening accounts, selling financial instruments, and resolving transactional complaints... Show more$45-83
    Cash ManagerA cash manager is responsible for monitoring cash flow, analyzing financial transactions, and allocating adequate budget and resources for every department's operations. Cash managers conduct data and statistical analysis to determine the company's expenses and financial loss and strategize techniques in minimizing those risks... Show more$31-62
  2. Create an ideal candidate profile

    Common skills:
    • Financial Analysis
    • Hyperion
    • Portfolio
    • Financial Models
    • Financial Data
    • Product Line
    • Financial Performance
    • Financial Statements
    • Variance Analysis
    • Process Improvement
    • GAAP
    • SQL
    • Balance Sheet
    • General Ledger
    Check all skills
    Responsibilities:
    • Manage all treasury and cash management functions and report directly to the CFO.
    • Propose and manage the re-engineering of the ERP system to provide the necessary level of detail for global reporting.
    • Manage WLD department roll-up structure utilizing Hyperion.
    • Manage monthly closing process, including reconciliations and analysis of relate accounts.
    • Manage multiple subsidiary budgets, operation forecasting and ROI analysis on capital expenditure projects in the pipeline division.
    • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
    More manager, finance analysis duties
  3. Make a budget

    Including a salary range in your manager, finance analysis job description is a great way to entice the best and brightest candidates. A manager, finance analysis salary can vary based on several factors:
    • Location. For example, managers, finance analysis' average salary in nebraska is 32% less than in washington.
    • Seniority. Entry-level managers, finance analysis earn 45% less than senior-level managers, finance analysis.
    • Certifications. A manager, finance analysis with a few certifications under their belt will likely demand a higher salary.
    • Company. Working for a prestigious company or an exciting start-up can make a huge difference in a manager, finance analysis's salary.

    Average manager, finance analysis salary

    $112,110yearly

    $53.90 hourly rate

    Entry-level manager, finance analysis salary
    $83,000 yearly salary
    Updated January 29, 2026

    Average manager, finance analysis salary by state

    RankStateAvg. salaryHourly rate
    1Washington$126,299$61
    2California$123,833$60
    3Connecticut$123,042$59
    4New York$122,248$59
    5Delaware$118,311$57
    6Massachusetts$114,832$55
    7Pennsylvania$110,982$53
    8Virginia$106,533$51
    9New Jersey$106,341$51
    10Ohio$106,243$51
    11Kansas$105,688$51
    12Illinois$105,304$51
    13Texas$105,098$51
    14Minnesota$103,674$50
    15Maryland$102,538$49
    16Florida$100,366$48
    17District of Columbia$99,608$48
    18Colorado$97,652$47
    19Georgia$97,021$47
    20North Carolina$93,798$45

    Average manager, finance analysis salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Southern California Edison$143,313$68.903
    2Meta$141,735$68.1470
    3MUFG EMEA$141,144$67.86
    4Essex Property Trust$137,785$66.24
    5Koch Industries$131,787$63.3622
    6Occidental Petroleum$127,030$61.07
    7Thomson Reuters$126,804$60.961
    8The TJX Companies$125,492$60.336
    9FHLBank Chicago$124,640$59.92
    10BMO Capital Markets$123,749$59.49102
    11HSBC Bank$123,708$59.483
    12Ecolab$123,238$59.2515
    13Unisys$123,189$59.23
    14CNA Insurance$123,020$59.149
    15Turner Broadcasting$122,686$58.98
    16AIG$122,620$58.9527
    17The Travelers Companies$122,193$58.7511
    18Colgate-Palmolive$122,082$58.695
    19NRG Energy$122,032$58.671
    20Bristol-Myers Squibb$121,981$58.64
  4. Writing a manager, finance analysis job description

    A manager, finance analysis job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a manager, finance analysis job description:

    Manager, finance analysis job description example

    Make an impact at Goodwin, where we partner with our clients to practice law with integrity, ingenuity, agility and ambition. Our 1,800 lawyers across the United States, Europe and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly-changing, technology-driven economy sets us apart. Also a global destination for business professionals, Goodwin's team of professional staff was named the “Best Business Team” by The American Lawyer.

    The Manager, Financial Analysis for Client Support (“Manager”) will report to the Director of Financial Analysis for Client Support (“Director”). The position will analyze and model transactions for matters originating primarily out of the firm's Technology Business Unit. In this role, the Manager will prepare financial models and schedules related to basic to moderately complex corporate transactions (including equity and debt financings, leveraged buy-outs, reorganizations, down rounds, alternative financings and mergers and acquisitions). The Manager will be responsible for the supervision and professional development of the Senior Analyst(s) and Analyst(s), and will also contribute to projects as requested by the Director.
    What You'll Do:
    Proactively gather and synthesize the data deemed necessary to accurately model corporate transactions Independently prepare, update and revise financial models related to corporate transactions Independently respond to inquiries from West Coast deal teams and escalate to Director as appropriate Create financial schedules for merger agreements Serve as mentor for Sr. Analyst(s) and Analyst(s) Supervise Sr. Analyst and Analyst work assignments and partner with Director to ensure a consistent level of productivity Assist in the annual review process for the Sr. Analyst(s) and Analyst(s) Work with Director to identify opportunities for professional development of Sr. Analyst(s) and Analyst(s) Work with Director to develop and implement quality control procedures Work with Director to develop and implement best practices around financial modeling Assist the Director with various administrative projects as needed Independently prepare waterfall analysis, allocation schedules and pro forma capitalization tables Manage and review the work of Senior Analyst(s) and Analyst(s) and approve for delivery to the Director and client teams Conduct ad hoc financial analysis with instruction from the DirectorSynthesize financial information and concepts that are communicated verbally and be able to create Excel models that clearly and accurately reflect the transaction economics Support internal reporting, training and knowledge management efforts

    Who You Are:
    The Manager, Financial Analysis for Client Support should:Possess a strong background in Financial AnalysisPossess intermediate to strong Microsoft Excel, Word, and PowerPoint skills Possess the skills necessary to manipulate large data sets in Excel7 or more years of professional experience with a focus on financial modeling Bachelor's degree in Finance, with a demonstrated high level of academic achievement Prior experience managing support staff preferred CFA preferred, but not required Possess a basic knowledge of various types of corporate entities and transactions Have an exceptional level of attention to detail and the ability to ensure accuracy and completeness Have the ability to manage multiple assignments simultaneously and meet deadlines Possess strong oral and written communication skills, a high degree of professionalism and the ability to lead and mentor staff Exercise excellent judgment and maintain the highest level of confidentiality Thrive in an entrepreneurial and fast-paced work environment Have the ability to work independently and as a collaborative team member Have flexibility to work often extended and unpredictable hours

    #LI-MS1

    Consistent with the SF Fair Chance Ordinance, an arrest and conviction record will not automatically disqualify a qualified applicant from consideration.

    Goodwin Procter LLP is an equal opportunity employer. This means that Goodwin Procter LLP considers applicants for employment, and makes employment decisions without unlawful discrimination on the basis of race, color, gender, gender identity or expression, age, religion, national origin, citizenship status, disability, medical condition, genetic information, marital status, sexual orientation, military or veteran status, or other legally protected status.
    Please note: Various agencies of the United States government require employers to collect information on applicants and employees. The National Association of Law Placement (NALP) and certain clients request us to keep track of certain aggregate information regarding lawyers. EEO information requested on this application is for purposes of compliance with these recordkeeping and reporting requirements and to determine recruiting and employment patterns. Submission of this information is voluntary and refusal to provide it will not
    subject you to any adverse treatment.
  5. Post your job

    To find the right manager, finance analysis for your business, consider trying out a few different recruiting strategies:

    • Consider internal talent. One of the most important sources of talent for any company is its existing workforce.
    • Ask for referrals. Reach out to friends, family members, and current employees and ask if they know or have worked with managers, finance analysis they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit managers, finance analysis who meet your education requirements.
    • Social media platforms. LinkedIn, Facebook and Twitter now have more than 3.5 billion users, and you can use social media to reach potential job candidates.
    Post your job online:
    • Post your manager, finance analysis job on Zippia to find and recruit manager, finance analysis candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    To successfully recruit managers, finance analysis, 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 to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to 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 manager, finance analysis

    Once you've decided on a perfect manager, finance analysis candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

    It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.

    After that, you can create an onboarding schedule for a new manager, finance analysis. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are 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 manager, finance analysis?

Recruiting managers, finance analysis 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 $112,110 per year for a manager, finance analysis, 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 managers, finance analysis in the US typically range between $39 and $72 an hour.

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