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Branch or Department Financial Managers
Other names for this job might include Account Manager, Accountant Supervisor, Accounts Manager, Accounts Supervisor, Actuarial Manager, Asset Manager, Assistant Manager, Assistant Vice President (AVP), ATM Manager (Automatic Teller Machine Manager), Auditing Manager
- $139720Salary
- 77%Job satisfaction
- Quite HardBecoming one
- MediumJob growth
OwlGuru Rank
A+
A+
How Much Successful Financial Managers Make In 2017
Table of Contents
In this salary guide, you will find out how much do Branch or Department Financial Managers make.
After reading this, you will be able to make a decision if working as a Branch or Department Financial Manager will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).
Average salary
Annual salary
$139720 per year
Hourly wage
$67.17 per hour
1 of the most popular questions we get from our readers here at OwlGuru is how much do Financial Managers make per year and what is their hourly wage.
According to BLS, the average annual salary of Financial Managers is $139720. Their salary can also be as low as $65000 if you’re still a newbie with no experience to over $# if you have a ton of experience under your belt.
The typical hourly pay is $67.17 and can range from $31.25 to $# which also depends if you’re a newbie or a professional.
Just like any other job, the salary of A Financial Manager will vary based on your education and experience level.
# = Over $100 per hour or $200,000 per year.
Salary rank
A
We wanted to make it easy for our readers to compare the salary of A Financial Manager to all the other careers out there. So we created Salary Rank.
This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.
After comparing how much do Financial Managers make with other careers, they have a salary rank of A.
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Salary range
| Level | Hourly | Yearly |
|---|---|---|
| Highest (Top 10%) | Over $100 | Over $200,000 |
| Senior (Top 25%) | $81.15 | $168790 |
| Middle (Mid 50%) | $58.54 | $121750 |
| Junior (Bottom 25%) | $42.08 | $87530 |
| No experience (Bottom 10%) | $31.25 | $65000 |
Entry-level Financial Managers who starts out at $87530 can expect to make $121750 after 3-5 years of experience in the field.
The bottom 10% makes less than $31.25 per hour while the top 10% makes over $# per hour.
While the median wage is $121750 per annum or $58.54 per hour.
Depending on who you work for, you might also get overtime pay.
# = Over $100 per hour or $200,000 per year.
Highest paying industries
| Industry name | Hourly wage | Annual salary |
|---|---|---|
| Independent Artists, Writers, and Performers | 99.8 | 207580 |
| Beer, Wine, and Liquor Stores | 93.62 | 194740 |
| Securities and Commodity Contracts Intermediation and Brokerage | 87.16 | 181280 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities | 86.51 | 179950 |
| Other Financial Investment Activities | 85.87 | 178600 |
| Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures | 85 | 176800 |
| Securities and Commodity Exchanges | 84.41 | 175580 |
| Insurance and Employee Benefit Funds | 80.63 | 167710 |
| Other Investment Pools and Funds | 80.43 | 167290 |
| Sound Recording Industries | 79.92 | 166230 |
| Motion Picture and Sound Recording Industries | 78.51 | 163300 |
| Motion Picture and Video Industries | 78.32 | 162900 |
| Other Information Services | 77.77 | 161770 |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services | 77.73 | 161690 |
| Cable and Other Subscription Programming | 77.38 | 160950 |
| Pipeline Transportation of Crude Oil | 76.56 | 159240 |
| Clothing Stores | 76.32 | 158740 |
| Research and Development in the Physical, Engineering, and Life Sciences | 76.2 | 158490 |
| Scientific Research and Development Services | 75.83 | 157730 |
| Pipeline Transportation of Natural Gas | 74.74 | 155460 |
| Software Publishers | 74.54 | 155050 |
| Oil and Gas Extraction | 74.06 | 154050 |
| Pipeline Transportation | 74.04 | 154010 |
| Professional, Scientific, and Technical Services | 73.95 | 153810 |
| Computer Systems Design and Related Services | 73.78 | 153470 |
| Advertising, Public Relations, and Related Services | 73.52 | 152930 |
| Wireless Telecommunications Carriers (except Satellite) | 73.11 | 152060 |
| Clothing and Clothing Accessories Stores | 72.49 | 150770 |
| Computer and Peripheral Equipment Manufacturing | 71.88 | 149510 |
| Management, Scientific, and Technical Consulting Services | 71.85 | 149460 |
| Specialty hospitals, State government owned | 71.86 | 149460 |
| Management of Companies and Enterprises | 71.82 | 149380 |
| Research and Development in the Social Sciences and Humanities | 71.73 | 149210 |
| Information | 71.46 | 148630 |
| Publishing Industries (except Internet) | 71.25 | 148200 |
| Mining | 70.89 | 147460 |
| Wired Telecommunications Carriers | 70.64 | 146940 |
| Lessors of Real Estate | 70.62 | 146900 |
| Manufacturing and Reproducing Magnetic and Optical Media | 70.33 | 146290 |
| Pharmaceutical and Medicine Manufacturing | 70.02 | 145640 |
| Drugs and Druggists' Sundries Merchant Wholesalers | 69.99 | 145580 |
| Communications Equipment Manufacturing | 69.81 | 145200 |
| Telecommunications | 69.78 | 145150 |
| Natural Gas Distribution | 69.67 | 144920 |
| Satellite Telecommunications | 69.62 | 144800 |
| Data Processing, Hosting, and Related Services | 69.19 | 143910 |
| Insurance Agencies and Brokerages | 69.04 | 143600 |
| Semiconductor and Other Electronic Component Manufacturing | 69.01 | 143540 |
| Computer and Electronic Product Manufacturing | 68.73 | 142960 |
| Apparel, Piece Goods, and Notions Merchant Wholesalers | 68.69 | 142870 |
| Broadcasting (except Internet) | 68.67 | 142830 |
| Performing Arts, Spectator Sports, and Related Industries | 68.41 | 142290 |
| Television Broadcasting | 67.92 | 141280 |
| Specialized Design Services | 67.75 | 140920 |
| Insurance Carriers | 67.64 | 140700 |
| Other Professional, Scientific, and Technical Services | 67.64 | 140690 |
| Insurance Carriers and Related Activities | 67.58 | 140580 |
| Agencies, Brokerages, and Other Insurance Related Activities | 67.43 | 140260 |
| Nonscheduled Air Transportation | 67.37 | 140130 |
| Professional and Commercial Equipment and Supplies Merchant Wholesalers | 67.2 | 139780 |
| Newspaper, Periodical, Book, and Directory Publishers | 67.2 | 139770 |
| Support Activities for Mining | 67.06 | 139480 |
| Navigational, Measuring, Electromedical, and Control Instruments Manufacturing | 67.05 | 139470 |
| Electronic Shopping and Mail-Order Houses | 66.83 | 139010 |
| Automotive Equipment Rental and Leasing | 66.61 | 138550 |
| Real Estate | 66.25 | 137800 |
| Legal Services | 66.06 | 137410 |
| Chemical and Allied Products Merchant Wholesalers | 65.98 | 137250 |
| Radio and Television Broadcasting | 65.73 | 136720 |
| Land Subdivision | 65.6 | 136440 |
| Other Insurance Related Activities | 65.6 | 136440 |
| Nonstore Retailers | 65.56 | 136360 |
| Engineering Services | 65.54 | 136330 |
| Real Estate and Rental and Leasing | 65.51 | 136260 |
| Spectator Sports | 65.23 | 135670 |
| Direct Insurance (except Life, Health, and Medical) Carriers | 65.02 | 135240 |
| Promoters of Performing Arts, Sports, and Similar Events | 64.93 | 135060 |
| Specialty (except Psychiatric and Substance Abuse) Hospitals (including private, state, and local government hospitals) | 64.83 | 134860 |
| Architectural, Engineering, and Related Services | 64.83 | 134850 |
| Aerospace Product and Parts Manufacturing | 64.82 | 134830 |
| Chemical Manufacturing | 64.69 | 134550 |
| Activities Related to Real Estate | 64.63 | 134440 |
| Wholesale Electronic Markets and Agents and Brokers | 64.41 | 133970 |
| All industries, private ownership only | 64.01 | 133140 |
| Utilities | 63.97 | 133060 |
| Other Transportation Equipment Manufacturing | 63.88 | 132870 |
| Office Administrative Services | 63.88 | 132860 |
| Nondepository Credit Intermediation | 63.86 | 132830 |
| Waste Treatment and Disposal | 63.75 | 132600 |
| Motor Vehicle Manufacturing | 63.73 | 132560 |
| Medical Equipment and Supplies Manufacturing | 63.7 | 132490 |
| Specialty hospitals, Privately owned | 63.56 | 132200 |
| Petroleum and Coal Products Manufacturing | 63.32 | 131710 |
| Air Transportation | 63.12 | 131280 |
| Colleges, universities, and professional schools, Privately owned | 63 | 131030 |
| Other Heavy and Civil Engineering Construction | 62.96 | 130960 |
| Specialty Food Stores | 62.94 | 130910 |
| Other Electrical Equipment and Component Manufacturing | 62.85 | 130730 |
| Miscellaneous Nondurable Goods Merchant Wholesalers | 62.79 | 130610 |
| Other Telecommunications | 62.73 | 130480 |
| All industries | 62.61 | 130230 |
| Tobacco Manufacturing | 62.57 | 130140 |
| Scheduled Air Transportation | 62.57 | 130140 |
| Rental and Leasing Services | 62.56 | 130120 |
| Activities Related to Credit Intermediation | 62.52 | 130040 |
| Other Nondepository Credit Intermediation | 62.36 | 129710 |
| Inland Water Transportation | 62.31 | 129600 |
| Merchant Wholesalers, Nondurable Goods | 62.26 | 129510 |
| Finance and Insurance | 62.23 | 129430 |
| Death Care Services | 62.21 | 129410 |
| Testing Laboratories | 62.13 | 129240 |
| Electric Power Generation, Transmission and Distribution | 62.13 | 129230 |
| Metal Ore Mining | 62.04 | 129050 |
| Water Transportation | 61.92 | 128800 |
| Commercial and Industrial Machinery and Equipment Rental and Leasing | 61.91 | 128780 |
| Sugar and Confectionery Product Manufacturing | 61.86 | 128670 |
| Deep Sea, Coastal, and Great Lakes Water Transportation | 61.8 | 128540 |
| Industrial Machinery Manufacturing | 61.79 | 128520 |
| Travel Agencies | 61.73 | 128400 |
| Household Appliances and Electrical and Electronic Goods Merchant Wholesalers | 61.69 | 128320 |
| Agriculture, Construction, and Mining Machinery Manufacturing | 61.68 | 128300 |
| Miscellaneous Manufacturing | 61.67 | 128270 |
| Nonferrous Metal (except Aluminum) Production and Processing | 61.65 | 128220 |
| Rail Transportation | 61.59 | 128100 |
| Wholesale Trade | 61.57 | 128060 |
| Resin, Synthetic Rubber, and Artificial Synthetic Fibers and Filaments Manufacturing | 61.54 | 128000 |
| Soap, Cleaning Compound, and Toilet Preparation Manufacturing | 61.51 | 127930 |
| Cut and Sew Apparel Manufacturing | 61.5 | 127920 |
| Electrical Equipment Manufacturing | 61.48 | 127890 |
| Miscellaneous Durable Goods Merchant Wholesalers | 61.49 | 127890 |
| General Medical and Surgical Hospitals, State government owned | 61.41 | 127740 |
| Basic Chemical Manufacturing | 61.37 | 127660 |
| Electrical Equipment, Appliance, and Component Manufacturing | 61.27 | 127430 |
| Apparel Manufacturing | 61.25 | 127410 |
| Grantmaking and Giving Services | 61.22 | 127330 |
| Paint, Coating, and Adhesive Manufacturing | 61.13 | 127140 |
| Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) | 61.06 | 127000 |
| Waste Collection | 60.98 | 126840 |
| Federal Executive Branch | 60.81 | 126490 |
| Federal government, including the US Postal Service | 60.76 | 126390 |
| Commercial and Service Industry Machinery Manufacturing | 60.73 | 126310 |
| Offices of Real Estate Agents and Brokers | 60.61 | 126080 |
| Hospitals, Privately owned | 60.62 | 126080 |
| Waste Management and Remediation Services | 60.6 | 126040 |
| General Medical and Surgical Hospitals, Privately owned | 60.58 | 126000 |
| Sector 56- Administrative and Support and Waste Management and Remediation Services | 60.57 | 125980 |
| Administrative and Support Services | 60.57 | 125980 |
| Merchant Wholesalers, Durable Goods | 60.51 | 125860 |
| Metalworking Machinery Manufacturing | 60.5 | 125840 |
| Medical and Diagnostic Laboratories | 60.46 | 125770 |
| Other Support Services | 60.43 | 125680 |
| Coal Mining | 60.25 | 125330 |
| Amusement Parks and Arcades | 60.23 | 125280 |
| Hospitals (including private, state, and local government hospitals) | 60.13 | 125080 |
| Couriers and Express Delivery Services | 60.11 | 125020 |
| Hospitals, State government owned | 60.1 | 125020 |
| Transportation Equipment Manufacturing | 60.1 | 125010 |
| General Medical and Surgical Hospitals (including private, state, and local government hospitals) | 60.1 | 125000 |
| Manufacturing | 60.09 | 124980 |
| Petroleum and Petroleum Products Merchant Wholesalers | 59.92 | 124640 |
| Radio Broadcasting | 59.84 | 124480 |
| Heavy and Civil Engineering Construction | 59.75 | 124280 |
| Travel Arrangement and Reservation Services | 59.74 | 124260 |
| Engine, Turbine, and Power Transmission Equipment Manufacturing | 59.71 | 124210 |
| Painting and Wall Covering Contractors | 59.71 | 124190 |
| Other Miscellaneous Store Retailers | 59.69 | 124150 |
| Taxi and Limousine Service | 59.66 | 124090 |
| Other Food Manufacturing | 59.64 | 124050 |
| Electric Lighting Equipment Manufacturing | 59.5 | 123770 |
| Machinery Manufacturing | 59.36 | 123470 |
| Water, Sewage and Other Systems | 59.2 | 123140 |
| Footwear Manufacturing | 59.13 | 122980 |
| Couriers and Messengers | 59.1 | 122920 |
| Newspaper Publishers | 59.09 | 122900 |
| Textile and Fabric Finishing and Fabric Coating Mills | 59.08 | 122890 |
| Grocery and Related Product Merchant Wholesalers | 59.02 | 122760 |
| Seafood Product Preparation and Packaging | 58.99 | 122700 |
| General Rental Centers | 58.98 | 122670 |
| Iron and Steel Mills and Ferroalloy Manufacturing | 58.95 | 122620 |
| Cutlery and Handtool Manufacturing | 58.83 | 122370 |
| Furniture and Home Furnishing Merchant Wholesalers | 58.79 | 122290 |
| Paper and Paper Product Merchant Wholesalers | 58.72 | 122140 |
| Colleges, Universities, and Professional Schools (including private, state, and local government schools) | 58.72 | 122140 |
| Direct Selling Establishments | 58.69 | 122080 |
| Business, Professional, Labor, Political, and Similar Organizations | 58.68 | 122060 |
| Miscellaneous Store Retailers | 58.67 | 122030 |
| Household Appliance Manufacturing | 58.54 | 121760 |
| Mining (except Oil and Gas) | 58.53 | 121740 |
| Educational Services, Privately owned | 58.46 | 121590 |
| Health and Personal Care Stores | 58.45 | 121580 |
| Support Activities for Water Transportation | 58.37 | 121400 |
| Hardware Manufacturing | 58.34 | 121350 |
| Other Miscellaneous Manufacturing | 58.33 | 121320 |
| Grain and Oilseed Milling | 58.32 | 121310 |
| Telephone Call Centers | 58.31 | 121280 |
| Outpatient Care Centers | 58.24 | 121130 |
| Business Support Services | 58.22 | 121090 |
| Other Fabricated Metal Product Manufacturing | 58.11 | 120860 |
| Bakeries and Tortilla Manufacturing | 57.92 | 120480 |
| Leather and Allied Product Manufacturing | 57.73 | 120080 |
| Arts, Entertainment, and Recreation | 57.68 | 119980 |
| Employment Services | 57.58 | 119770 |
| Other Chemical Product and Preparation Manufacturing | 57.55 | 119710 |
| Converted Paper Product Manufacturing | 57.52 | 119630 |
| Residential Building Construction | 57.44 | 119480 |
| Retail Trade | 57.35 | 119290 |
| Automobile Dealers | 57.34 | 119270 |
| Railroad Rolling Stock Manufacturing | 57.33 | 119240 |
| Freight Transportation Arrangement | 57.26 | 119100 |
| Audio and Video Equipment Manufacturing | 57.21 | 118990 |
| Electronic and Precision Equipment Repair and Maintenance | 57.2 | 118970 |
| Remediation and Other Waste Management Services | 57.02 | 118590 |
| Transportation and Warehousing | 57.01 | 118580 |
| Security Systems Services | 57 | 118560 |
| Paper Manufacturing | 56.92 | 118400 |
| Motor Vehicle and Parts Dealers | 56.88 | 118310 |
| All Other Ambulatory Health Care Services | 56.8 | 118140 |
| Turned Product and Screw, Nut, and Bolt Manufacturing | 56.74 | 118020 |
| Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing | 56.74 | 118020 |
| Warehousing and Storage | 56.68 | 117890 |
| Postal Service (federal government) | 56.63 | 117800 |
| Offices of Chiropractors | 56.6 | 117730 |
| Psychiatric and Substance Abuse Hospitals, Privately owned | 56.59 | 117700 |
| Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing | 56.46 | 117440 |
| Support Activities for Transportation | 56.4 | 117310 |
| Food Manufacturing | 56.3 | 117110 |
| Utility System Construction | 56.23 | 116960 |
| Support Activities for Rail Transportation | 56.19 | 116880 |
| Plumbing, Heating, and Air-Conditioning Contractors | 56.15 | 116790 |
| Lumber and Other Construction Materials Merchant Wholesalers | 56.13 | 116760 |
| Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers | 56.11 | 116720 |
| Religious, Grantmaking, Civic, Professional, and Similar Organizations | 56.11 | 116700 |
| Textile Mills | 56.06 | 116600 |
| Construction of Buildings | 55.99 | 116470 |
| Hospitals, Local government owned | 55.97 | 116430 |
| Other Personal Services | 55.97 | 116420 |
| Motor Vehicle Body and Trailer Manufacturing | 55.96 | 116390 |
| Fabric Mills | 55.95 | 116370 |
| Furniture and Home Furnishings Stores | 55.91 | 116300 |
| Fruit and Vegetable Preserving and Specialty Food Manufacturing | 55.91 | 116290 |
| Masonry Contractors | 55.89 | 116250 |
| Investigation and Security Services | 55.85 | 116180 |
| Construction | 55.85 | 116170 |
| Pharmacies and Drug Stores | 55.82 | 116100 |
| General Medical and Surgical Hospitals, Local government owned | 55.81 | 116090 |
| Automotive Mechanical and Electrical Repair and Maintenance | 55.81 | 116070 |
| Textile Furnishings Mills | 55.8 | 116060 |
| Nonmetallic Mineral Mining and Quarrying | 55.77 | 116010 |
| Metal and Mineral (except Petroleum) Merchant Wholesalers | 55.74 | 115940 |
| Food and Beverage Stores | 55.71 | 115880 |
| Ship and Boat Building | 55.67 | 115790 |
| Beverage and Tobacco Product Manufacturing | 55.66 | 115770 |
| Other Services (except Federal, State, and Local Government) | 55.65 | 115750 |
| Museums, Historical Sites, and Similar Institutions | 55.63 | 115720 |
| Machinery, Equipment, and Supplies Merchant Wholesalers | 55.62 | 115690 |
| Power and Communication Line and Related Structures Construction | 55.57 | 115590 |
| Other General Purpose Machinery Manufacturing | 55.57 | 115580 |
| Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers | 55.39 | 115220 |
| Pulp, Paper, and Paperboard Mills | 55.36 | 115160 |
| Personal and Laundry Services | 55.35 | 115130 |
| Primary Metal Manufacturing | 55.32 | 115070 |
| Nonresidential Building Construction | 55.15 | 114720 |
| Beverage Manufacturing | 55.15 | 114710 |
| Plastics Product Manufacturing | 55.15 | 114710 |
| Building Equipment Contractors | 55.08 | 114570 |
| Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers | 55.01 | 114420 |
| Investigation, Guard, and Armored Car Services | 54.86 | 114110 |
| Highway, Street, and Bridge Construction | 54.84 | 114060 |
| Theater Companies and Dinner Theaters | 54.82 | 114030 |
| Printing and Related Support Activities | 54.81 | 114000 |
| Health Care and Social Assistance (including private, state, and local government hospitals) | 54.77 | 113930 |
| Fabricated Metal Product Manufacturing | 54.77 | 113920 |
| Boiler, Tank, and Shipping Container Manufacturing | 54.69 | 113760 |
| Support Activities for Agriculture and Forestry | 54.51 | 113380 |
| Automotive Parts, Accessories, and Tire Stores | 54.51 | 113380 |
| Business schools and computer and management training - Privately owned | 54.51 | 113380 |
| Ambulatory Health Care Services | 54.46 | 113290 |
| Jewelry and Silverware Manufacturing | 54.4 | 113160 |
| Motor Vehicle Parts Manufacturing | 54.37 | 113100 |
| Textile Product Mills | 54.28 | 112910 |
| Business Schools and Computer and Management Training (including private, state, and local government schools) | 54.24 | 112820 |
| Colleges, universities, and professional schools, Local government owned | 54.17 | 112670 |
| Support Activities for Air Transportation | 54.16 | 112660 |
| Other Ambulatory Health Care Services | 54.06 | 112430 |
| Coating, Engraving, Heat Treating, and Allied Activities | 54.02 | 112370 |
| Other Transit and Ground Passenger Transportation | 53.94 | 112200 |
| Performing Arts Companies | 53.94 | 112190 |
| Plastics and Rubber Products Manufacturing | 53.92 | 112160 |
| Consumer Goods Rental | 53.92 | 112140 |
| Building Finishing Contractors | 53.9 | 112110 |
| Elementary and Secondary Schools, Privately owned | 53.86 | 112030 |
| Electrical Contractors and Other Wiring Installation Contractors | 53.83 | 111970 |
| Educational Services (including private, state, and local government schools) | 53.77 | 111840 |
| Drywall and Insulation Contractors | 53.73 | 111760 |
| Specialty Trade Contractors | 53.72 | 111740 |
| Offices of Physicians | 53.72 | 111740 |
| Educational Support Services, Local government owned | 53.64 | 111580 |
| Other Textile Product Mills | 53.61 | 111510 |
| Other Nonmetallic Mineral Product Manufacturing | 53.46 | 111200 |
| Alumina and Aluminum Production and Processing | 53.46 | 111200 |
| Lawn and Garden Equipment and Supplies Stores | 53.46 | 111200 |
| Cement and Concrete Product Manufacturing | 53.45 | 111170 |
| Labor Unions and Similar Labor Organizations | 53.44 | 111150 |
| Other Building Equipment Contractors | 53.43 | 111130 |
| Facilities Support Services | 53.38 | 111030 |
| Colleges, universities, and professional schools, State government owned | 53.35 | 110960 |
| Electronics and Appliance Stores | 53.25 | 110750 |
| Architectural and Structural Metals Manufacturing | 53.24 | 110730 |
| Clay Product and Refractory Manufacturing | 53.21 | 110680 |
| Support Activities for Crop Production | 53.2 | 110670 |
| Glass and Glass Product Manufacturing | 53.21 | 110670 |
| Psychiatric and Substance Abuse Hospitals (including private, state, and local government hospitals) | 53.18 | 110610 |
| Credit Intermediation and Related Activities | 53.17 | 110600 |
| Dairy Product Manufacturing | 53.14 | 110530 |
| Educational Support Services (including private, state, and local government schools) | 53.14 | 110530 |
| Educational Support Services, Privately owned | 53.05 | 110340 |
| Animal Food Manufacturing | 53.04 | 110310 |
| Office Supplies, Stationery, and Gift Stores | 53.02 | 110280 |
| Services to Buildings and Dwellings | 53 | 110240 |
| Transit and Ground Passenger Transportation | 52.96 | 110160 |
| Nonmetallic Mineral Product Manufacturing | 52.92 | 110080 |
| Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing | 52.86 | 109950 |
| Social Advocacy Organizations | 52.82 | 109870 |
| Forging and Stamping | 52.77 | 109760 |
| Agriculture, Forestry, Fishing and Hunting | 52.73 | 109670 |
| Offices of Physical, Occupational and Speech Therapists, and Audiologists | 52.72 | 109670 |
| Other Furniture Related Product Manufacturing | 52.71 | 109640 |
| Foundation, Structure, and Building Exterior Contractors | 52.65 | 109500 |
| Other Leather and Allied Product Manufacturing | 52.65 | 109500 |
| Foundries | 52.33 | 108840 |
| Repair and Maintenance | 52.09 | 108350 |
| Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 52.05 | 108260 |
| Casino Hotels | 51.99 | 108130 |
| Educational Services, State government owned | 51.9 | 107950 |
| Roofing Contractors | 51.89 | 107940 |
| Wood Kitchen Cabinet and Countertop Manufacturing | 51.6 | 107320 |
| Poured Concrete Foundation and Structure Contractors | 51.58 | 107300 |
| Other Support Activities for Transportation | 51.55 | 107230 |
| Drycleaning and Laundry Services | 51.55 | 107220 |
| Technical and trade schools, Privately owned | 51.48 | 107090 |
| Junior colleges, Local government owned | 51.38 | 106870 |
| Machine Shops | 51 | 106080 |
| Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly | 50.92 | 105900 |
| Depository Credit Intermediation | 50.83 | 105720 |
| Household and Institutional Furniture and Kitchen Cabinet Manufacturing | 50.76 | 105580 |
| Animal Slaughtering and Processing | 50.74 | 105530 |
| Furniture Stores | 50.72 | 105490 |
| Spring and Wire Product Manufacturing | 50.64 | 105340 |
| Gambling Industries | 50.6 | 105250 |
| Federal, state, and local government, including government owned schools and hospitals, and the US Postal Service | 50.55 | 105130 |
| Exterminating and Pest Control Services | 50.47 | 104970 |
| Fitness and Recreational Sports Centers | 50.46 | 104950 |
| Specialized Freight Trucking | 50.42 | 104870 |
| Federal, State, and Local Government | 50.4 | 104840 |
| Federal, State, and Local Government, excluding state and local schools and hospitals, and the US Postal Service | 50.4 | 104840 |
| Household and Institutional Furniture Manufacturing | 50.25 | 104520 |
| Amusement, Gambling, and Recreation Industries | 50.16 | 104340 |
| Shoe Stores | 50.12 | 104240 |
| Furniture and Related Product Manufacturing | 50.1 | 104200 |
| Steel Product Manufacturing from Purchased Steel | 49.93 | 103850 |
| Outpatient Mental Health and Substance Abuse Centers | 49.89 | 103770 |
| Offices of Other Health Practitioners | 49.77 | 103520 |
| Automotive Repair and Maintenance | 49.77 | 103520 |
| Elementary and Secondary Schools (including private, state, and local government schools) | 49.71 | 103390 |
| Farm Product Raw Material Merchant Wholesalers | 49.7 | 103370 |
| Truck Transportation | 49.65 | 103270 |
| Technical and Trade Schools (including private, state, and local government schools) | 49.6 | 103170 |
| Offices of All Other Health Practitioners | 49.6 | 103170 |
| Offices of Dentists | 49.57 | 103110 |
| Home Health Care Services | 49.48 | 102920 |
| Other Specialty Trade Contractors | 49.47 | 102900 |
| Gasoline Stations | 49.34 | 102630 |
| General Freight Trucking | 49.24 | 102420 |
| Traveler Accommodation | 49.17 | 102280 |
| Accommodation | 49.09 | 102110 |
| Automotive Body, Paint, Interior, and Glass Repair | 49.08 | 102090 |
| Ambulance Services | 49.05 | 102030 |
| Other Schools and Instruction (including private, state, and local government schools) | 49 | 101920 |
| Educational Services, Local government owned | 48.84 | 101590 |
| Other schools and instruction, Privately owned | 48.83 | 101560 |
| Office Furniture (including Fixtures) Manufacturing | 48.59 | 101070 |
| Urban Transit Systems | 48.56 | 101000 |
| Other Amusement and Recreation Industries | 48.5 | 100880 |
| Rubber Product Manufacturing | 48.42 | 100720 |
| Elementary and Secondary Schools, Local government owned | 48.25 | 100370 |
| Nursing Care Facilities (Skilled Nursing Facilities) | 48.25 | 100350 |
| Other Motor Vehicle Dealers | 48.23 | 100320 |
| Junior Colleges (including private, state, and local government schools) | 47.93 | 99690 |
| Accommodation and Food Services | 47.77 | 99370 |
| Nursing and Residential Care Facilities | 47.7 | 99220 |
| Other Residential Care Facilities | 47.68 | 99180 |
| Grocery Stores | 47.64 | 99090 |
| State government, including schools and hospitals | 47.51 | 98830 |
| Sawmills and Wood Preservation | 47.3 | 98390 |
| Civic and Social Organizations | 47.26 | 98290 |
| Veneer, Plywood, and Engineered Wood Product Manufacturing | 47 | 97750 |
| Landscaping Services | 46.99 | 97740 |
| Wood Product Manufacturing | 46.97 | 97690 |
| Local government, including schools and hospitals | 46.94 | 97640 |
| Other Wood Product Manufacturing | 46.84 | 97430 |
| Veterinary Services | 46.81 | 97360 |
| Religious Organizations | 46.39 | 96490 |
| Building Material and Garden Equipment and Supplies Dealers | 46.34 | 96390 |
| Community Food and Housing, and Emergency and Other Relief Services | 46.03 | 95750 |
| Local Government, excluding schools and hospitals | 45.57 | 94780 |
| Junior colleges, Privately owned | 45.43 | 94500 |
| Building Material and Supplies Dealers | 45.43 | 94480 |
| Services for the Elderly and Persons with Disabilities | 45 | 93610 |
| Elementary and Secondary Schools, State government owned | 44.84 | 93260 |
| Child Day Care Services | 44.74 | 93070 |
| Social Assistance | 44.67 | 92910 |
| Individual and Family Services | 44.47 | 92510 |
| Residential Mental Health and Substance Abuse Facilities | 44.39 | 92330 |
| Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities | 44.25 | 92050 |
| State Government, excluding schools and hospitals | 44.16 | 91860 |
| Residential Intellectual and Developmental Disability Facilities | 44.12 | 91780 |
| Vocational Rehabilitation Services | 44.04 | 91610 |
| Restaurants and Other Eating Places | 43.76 | 91030 |
| RV (Recreational Vehicle) Parks and Recreational Camps | 43.58 | 90650 |
| Food Services and Drinking Places | 43.46 | 90410 |
| Special Food Services | 43.22 | 89900 |
| Scenic and Sightseeing Transportation | 43.06 | 89570 |
| Offices of Mental Health Practitioners (except Physicians) | 42.69 | 88800 |
| Personal Care Services | 42.67 | 88750 |
| Lime and Gypsum Product Manufacturing | 42.53 | 88470 |
| Farm and Garden Machinery and Equipment Merchant Wholesalers | 41.8 | 86940 |
| Junior colleges, State government owned | 41.77 | 86880 |
| Personal and Household Goods Repair and Maintenance | 41.26 | 85810 |
| Sporting Goods, Hobby, Musical Instrument, and Book Stores | 40.53 | 84300 |
| Sporting Goods Stores | 39.18 | 81500 |
| Drinking Places (Alcoholic Beverages) | 39.08 | 81280 |
| Psychiatric and Substance Abuse Hospitals, State government owned | 38.14 | 79320 |
| Other Automotive Repair and Maintenance | 36.68 | 76290 |
| Technical and trade schools, State government owned | 35.45 | 73730 |
Not all industries pay the same for Branch or Department Financial Managers.
1 of the easiest way to increase your salary is to change industries and find a higher paying one.
Highest paying states
| State | Hourly | Annual |
|---|---|---|
| NY | $86.93 | $180820 |
| DE | $76.8 | $159740 |
| NJ | $76.59 | $159310 |
| CO | $73.54 | $152970 |
| DC | $72.78 | $151390 |
| VA | $70.83 | $147330 |
| CA | $70.5 | $146630 |
| TX | $69.81 | $145200 |
| PA | $69.63 | $144840 |
| CT | $69.41 | $144380 |
Another simple way to boost your pay as A Financial Manager is to move to a higher paying state. However moving to a higher paying state like NY doesn’t mean you will make more overall. This is because the expenses at NY may be 2x higher than where you are currently living at right now.
According to the BLS, the highest paid / most successful Financial Managers are in the states of NY, DE, NJ, CO and DC. The average salary in NY is $180820.
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Salary: $115400
They plan, direct, or coordinate activities designed to create or maintain a favorable public image or raise issue awareness for their organization or client; or if engaged in fundraising, plan, direct, or coordinate activities to solicit and maintain funds for special projects or nonprofit organizations.
They sell financial services, such as loan, tax, and securities counseling to customers of financial institutions and business establishments.
They buy and sell securities in investment and trading firms and develop and implement financial plans for individuals, businesses, and organizations.
They plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.
They plan, direct, or coordinate marketing policies and programs, such as determining the demand for products and services offered by a firm and its competitors, and identify potential customers. Develop pricing strategies with the goal of maximizing the firm’s profits or share of the market while ensuring the firm’s customers are satisfied. Oversee product development or monitor trends that indicate the need for new products and services.
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Additional resources
http://www.bls.gov/OOH/management/financial-managers.htm
http://www.fma.org/
http://www.afponline.org/
https://www.cfainstitute.org/
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Branch or Department Financial Managers
Written by: Stanley Tan
Branch or Department Financial Managers direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department.
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