Financial Managers
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
Also called: Accounting Supervisor · Banking Center Manager (BCM) · Branch Manager · Business Banking Manager · Credit Administration Manager · Credit Manager
Median pay (national)
$161,700
$86,490–$239,200+ (10th–90th)
Employed (US)
818,620
BLS OEWS, May 2024
Outlook 2024–34
+14.8%
~74,600 openings/yr
Typical entry
Bachelor's degree
What the numbers say
Refit analysis ·Pay for financial managers shows an unusually wide range: the top 10% earn $239,200+ versus $86,490 at the bottom 10% — 2.8x. The median of $161,700 leaves roughly 48% of headroom to the 90th percentile, which is where seniority, specialization, and the skills below tend to pay off.
Refit analysis ·Employment is projected to change +14.8% from 2024 to 2034 — much faster than the 3% average for all occupations. Even so, BLS projects about 74,600 openings a year, mostly to replace workers who retire or change careers.
Refit analysis ·Where you work moves the number a lot. Across the 54 states with released data, New York pays the most for this role (median $215,740, +33% vs the national median), while Guam sits lowest at $77,390 — a 179% spread for the same job title.
Refit analysis ·O*NET rates Reading Comprehension, Active Listening, Speaking as the highest-importance skills here — so a resume aimed at this role should lead with evidence of those, not a generic skills list. On the tools side, O*NET flags Microsoft Excel, Microsoft Office software, Microsoft Outlook, Microsoft PowerPoint as in-demand technologies for this role.
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Top skills employers ask for
Ranked by O*NET importance for this occupation.
- Reading Comprehension
- Active Listening
- Speaking
- Critical Thinking
- Writing
- Monitoring
- Mathematics
- Active Learning
- Learning Strategies
- Science
What they actually do
Core O*NET tasks for this role.
- Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
- Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
- Oversee training programs.
- Oversee the flow of cash or financial instruments.
- Recruit staff members.
- Evaluate data pertaining to costs to plan budgets.
- Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.
- Communicate with stockholders or other investors to provide information or to raise capital.
- Develop or analyze information to assess the current or future financial status of firms.
- Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.
Tools & technology
- Microsoft Excel
- Microsoft Office software
- Microsoft Outlook
- Microsoft PowerPoint
- SAP software
- Alteryx software
- IBM SPSS Statistics
- Intuit QuickBooks
- Marketo Marketing Automation
- Microsoft SQL Server
- Microsoft Visio
- Microsoft Visual Basic
- Microsoft Visual Basic for Applications VBA
- Microsoft Windows
- Oracle Database
- Oracle PeopleSoft
Knowledge areas
- Customer and Personal Service
- Administration and Management
- Economics and Accounting
- Mathematics
- Administrative
- Law and Government
- Personnel and Human Resources
- Sales and Marketing