How much does a Finance Manager make?

The average salary for a Finance Manager is $141,085 per year in United States. Salaries estimates are based on 19062 salaries submitted anonymously to Glassdoor by a Finance Manager employees in United States.

The highest salary for a Finance Manager in United States is $183,402 per year.

The lowest salary for a Finance Manager in United States is $109,661 per year.

If you are thinking of becoming a Finance Manager or planning the next step in your career, find details about the role, the career path and salary trajectory of a Finance Manager.

Finance managers are paid similarly to senior managers and management consultants. Financial managers at large and profitable firms tend to earn the highest pay. Additionally, those who hold a master’s degree in business administration or accounting may have more opportunities. Finance managers may be compensated through salary and a bonus.

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A review of Glassdoor ratings for finance managers found that about 74% are satisfied with their pay. Those with positions that offer commission, profit sharing, or performance-based bonuses can make up to an additional $27,488.35 per year, potentially qualifying this total pay as good.

Most finance managers will earn between $87,476.27 and $230,699.25, with an average estimated salary around $113,596.83 per year. The earnings are influenced by several factors, including experience, degrees like an MBA, and specialty certifications. Those who progress in their career, take on more responsibility, and pursue personal development can also expect their pay to increase.

To make more money in your finance manager career, consider pursuing an MBA or master's degree in a related field. This form of higher education will give you the skills and knowledge needed to take on more responsibility at work and potentially earn a higher salary.

Additionally, consider seeking out specialty certifications, such as a Chartered Financial Analyst, Certified Treasury Professional, or Certified Public Accountant accreditation.

Lastly, be prepared to put in hard work, gain experience, and take on more responsibility at your job. With these credentials and experience, you'll be able to command a higher salary and have more opportunities for career advancement.

When negotiating a higher salary after finding a finance manager job, be clear about the value you offer. Explain how your experience and credentials benefit the company, and be ready to back up your claims with solid examples. Be confident in what you can offer, and be assertive but not pushy when it comes to asking for a higher salary.

If you're already working as a finance manager and would like to negotiate a higher salary, be prepared to explain why you deserve a raise within the parameters of your current job. Discuss your role in meeting departmental goals, taking on additional responsibilities, or offering innovative solutions to financial challenges.