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Careersβ€ΊRolesβ€ΊFinancial Manager
Mid-Level

Financial Manager

Financial Managers steer how money moves, accumulates, and gets reported inside an organization β€” financial planning, treasury, controllership, or commercial finance partnership. The work tends to mix recurring close cycles with strategic stretches around forecasting and investment decisions.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
E
C
S
I
A
R
Enterprisingleading, persuading
Conventionalorganizing, detail-oriented
Based on Holland Code framework
Industries that often hire Financial Managers
Financial Services Β· 31%Professional Services Β· 14%Government Β· 6%Manufacturing Β· 6%Wholesale & Distribution Β· 4%Healthcare Β· 4%
Job markets for Financial Managers
Where Financial Manager jobs concentrate Β· ~390 metro areas
Based on employment in related occupations
Mapped SOC categories:
Finance
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Financial Manager

Most days mix recurring rhythms with ad-hoc analyses β€” close work, forecast updates, board prep, vendor and bank conversations, partnering with operating leaders on capex or hiring decisions. You're often managing a small team, with regular touchpoints into the CFO, business unit leaders, and external stakeholders. The flavor of the role varies widely β€” corporate FP&A, controllership, treasury, and commercial finance feel like different jobs.

What tends to be harder than people expect is the load during close, planning, and audit cycles. Quarterly close, annual budget, audit fieldwork β€” each can stretch into long weeks. Industry sets the texture: a public company's rhythms, a private-equity portco's reporting demands, and a nonprofit's funding cadences all run very differently.

People who tend to thrive here are organized, comfortable with finance fundamentals, and able to translate numbers into decisions. If you want fast product velocity, the cadence can feel methodical. If you like being the financial conscience of the function or business you support, the leverage tends to grow with seniority and the work carries real consequence.

What people in this role value
Working ConditionsHigh
IndependenceHigh
RecognitionAbove avg
AchievementAbove avg
RelationshipsAbove avg
SupportAbove avg
O*NET Work Values survey
✦ Editorial β€” written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape β€” and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying386 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Energy & Utilities$94K+10%
Technology & Information$94K+9%
Professional Services$92K+7%
Financial Services$83K-3%
Government$82K-4%
Compared to Finance average across all industries
1 BLS OEWS May 2024 covers all Financial Managers (SOC 11-3031.00), not just this title Β· BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Finance β†’
Financial ManagerCollections ManagerAccounting ManagerAccounts Payable ManagerAccounts ManagerBranch ManagerAsset ManagerComptrollerCity ComptrollerFinancial OfficerInvestment ManagerFinancial Planning ManagerFinancial Planning and Analysis ManagerCredit ManagerTax ManagerBank ManagerCash ManagerBudget ManagerFiscal ManagerBanking ManagerFinance ManagerAuditing ManagerActuarial ManagerBank Branch ManagerCredit Union Manager+1 more
Exploring the Financial Manager career path? Truest helps you figure out if it's the right fit β€” and plan your path forward.
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✦ Editorial β€” career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape β€” helpful for context, but your specific experience will depend on level, specialty, and where you work.

$86K–$208K
Salary Range
10th – 90th percentile
819K
U.S. Employment
+14.8%
10yr Growth
75K
Annual Openings

How Financial Manager pay & employment are changing

$77K$74K$72K$69K$66K201920202021202220232024$66K$77K
BLS OEWS May 2024 Β· BLS Employment Projections 2024–2034

Skills & Requirements

Active ListeningCritical ThinkingReading ComprehensionSpeakingMonitoringWritingManagement of Personnel ResourcesTime ManagementJudgment and Decision MakingComplex Problem Solving
O*NET OnLine Β· Bureau of Labor Statistics
Mapped SOC Codes
11-3031.00

Explore related roles

Roles with similar work and overlapping career paths

directorFinancial Aid Director$85KdirectorFinancial Director$162KjuniorFinancial Coordinator$162KmidCollections Manager$97KmidAccounting Manager$114KseniorBanking Supervisor$114K
View all Finance roles β†’

Common questions about what it's like to be a Financial Manager

What does a Financial Manager do?

Financial Managers steer how money moves, accumulates, and gets reported inside an organization β€” financial planning, treasury, controllership, or commercial finance partnership. The work tends to mix recurring close cycles with strategic stretches around forecasting and investment decisions.

How much does a Financial Manager make?

Median pay for a Financial Manager is about $162K nationally, with the field ranging roughly from $86K to $208K depending on experience, employer, and metro (BLS).

What skills does a Financial Manager need?

Core skills for this role include Active Listening, Critical Thinking, Reading Comprehension, Speaking, and Monitoring.

What education do you need to be a Financial Manager?

Most people in this role hold a bachelor's degree.

Is a Financial Manager in demand?

Employment in this field is projected to grow about 14.8% through 2034, with roughly 818,620 people working in it today (BLS).

What jobs are similar to a Financial Manager?

Closely related roles include Financial Aid Director, Financial Director, and Financial Coordinator.

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) Β· BLS Employment Projections Β· O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.