In this career summary, you will find out what the job of a Branch or Department Financial Manager is about and what it is like.
After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.
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.
Financial Managers with little to no experience tend to make between $67620 and $91420 while the more experienced ones can earn over $178840 per year.
Top 5 paying states
One of the easiest ways to increase your salary as a Branch or Department Financial Manager is to move to a higher paying state like NY. Right now, the highest paying states for Financial Managers are NY, NJ, CT, DE and DC.
However a higher pay at NY doesn’t guarantee that you will make more because the living expenses at NY might be twice as high than where you are currently at now.
Three other factors that can increase your salary as a Branch or Department Financial Manager is the degree you hold, the industry you work in and lastly the company you work for.
People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business..
They also like following set procedures and routines. They like working with data and details more than with ideas.
plan, organize, direct, control, and coordinate activities of workers engaged in propagating, cultivating, and harvesting horticultural specialties, such as trees, shrubs, flowers, mushrooms, and other plants.
plan, direct, or coordinate the management or operation of farms, ranches, greenhouses, aquacultural operations, nurseries, timber tracts, or other agricultural establishments. May hire, train, or supervise farm workers or contract for services to carry out the day-to-day activities of the managed operation. May engage in or supervise planting, cultivating, harvesting, financial, or marketing activities.
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