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Life As a Financial Manager

Financial Manager Definition Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Types of Financial Manager

  • Comptroller
  • Financial Officer
  • Banking Center Manager
  • Residential Mortgage Manager
  • Banking Manager

Job Opportunities for Financial Managers

In the United States, there were 580,400 jobs for Financial Manager in 2016. New jobs are being produced at a rate of 18.7% which is above the national average. The Bureau of Labor Statistics predicts 108,600 new jobs for Financial Manager by 2026. There will be an estimated 56,900 positions for Financial Manager per year.

Forecasted Number of Jobs for Financial Managers in U.S.

The states with the most job growth for Financial Manager are Utah, Nevada, and Arizona. Watch out if you plan on working in Alaska, Maryland, or District of Columbia. These states have the worst job growth for this type of profession.

Financial Manager Salary

The average yearly salary of a Financial Manager ranges between $67,620 and $208,000.

Salary Ranges for Financial Managers

Financial Managers who work in New York, New Jersey, or Delaware, make the highest salaries.

How much do Financial Managers make in different U.S. states?

State Annual Mean Salary
Alabama $128,690
Alaska $110,010
Arizona $117,620
Arkansas $106,530
California $157,480
Colorado $163,740
Connecticut $167,160
Delaware $167,110
District of Columbia $166,710
Florida $132,850
Georgia $145,920
Hawaii $118,740
Idaho $95,690
Illinois $144,680
Indiana $119,820
Iowa $114,620
Kansas $129,660
Kentucky $114,420
Louisiana $106,950
Maine $119,080
Maryland $152,180
Massachusetts $148,300
Michigan $128,270
Minnesota $133,970
Mississippi $101,840
Missouri $136,520
Montana $109,940
Nebraska $113,910
Nevada $123,890
New Hampshire $124,700
New Jersey $175,880
New Mexico $104,790
New York $210,510
North Carolina $149,710
North Dakota $123,890
Ohio $135,610
Oklahoma $111,700
Oregon $118,680
Pennsylvania $156,730
Rhode Island $145,120
South Carolina $125,710
South Dakota $132,030
Tennessee $111,460
Texas $149,990
Utah $110,750
Vermont $113,610
Virginia $164,030
Washington $136,480
West Virginia $102,670
Wisconsin $134,850
Wyoming $116,920

Where Financial Managers Work

Financial Manager Sectors

The table below shows some of the most common industries where those employed in this career field work.

Financial Manager Industries


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More about our data sources and methodologies.

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