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  1. Occupations
  2. Financial Managers

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

SOC: 11-3031.00

Common Job Titles

  • Banking Center Manager (BCM)
  • Branch Manager
  • Credit Administration Manager
  • Financial Center Manager

Wage Data According to the Bureau of Labor Statistics

Annual wage data for Financial Managers (2024)

Estimated Total Employment (U.S.)

818,620

Wage Distribution by Percentile

Line chart of annual wages by percentile. U.S. is the solid line. 10th percentile: U.S. $86,490. 25th percentile: U.S. $118,360. 50th percentile: U.S. $161,700. 75th percentile: U.S. $214,210. 90th percentile: U.S. $239,200. Use the left and right arrow keys to move between percentiles.

  • U.S.
MetricU.S.
10% of workers earn the following or less$86,490
10% of workers earn the following or more$239,200+
Workers on average earn$180,470

+ indicates wage is at or above the BLS reporting cap ($239,200/year)

Skills & Requirements

Key competencies for this occupation, ranked by importance

  • Customer and Personal Service4.7/5
  • Administration and Management4.3/5
  • Economics and Accounting4.1/5
  • Mathematics3.7/5
  • Administrative3.7/5
Skills & Requirements: Knowledge

Tools & Technology

Equipment and software commonly used in this occupation

In-Demand Technology

Frequently requested by employers in job postings

  • Adobe Acrobat
  • Alteryx software
  • IBM SPSS Statistics
  • Intuit QuickBooks
  • Marketo Marketing Automation
  • Microsoft Access
  • Microsoft Dynamics
  • Microsoft Excel
  • Microsoft Office software
  • Microsoft Outlook
  • Microsoft PowerPoint
  • Microsoft Project
  • Microsoft SQL Server
  • Microsoft SharePoint
  • Microsoft Visio
  • Microsoft Visual Basic
  • Microsoft Visual Basic for Applications VBA
  • Microsoft Windows
  • Microsoft Word
  • Oracle Database
  • Oracle PeopleSoft
  • Oracle Primavera Enterprise Project Portfolio Management
  • R
  • SAP software
  • SAS
  • Salesforce software
  • Structured query language SQL
  • Tableau
  • Teradata Database
  • Workday software
  • Yardi software

Technology Skills

  • ADP Workforce Now
  • ARES Corporation PRISM Project Estimator
  • Accounting software
  • Accounts receivable software
  • Blackbaud The Raiser's Edge
  • Credit management software
  • Database software
  • Delphi Technology
Tools & Technology: Technology Skills

Tools & Equipment

  • 10-key calculators
  • Desktop computers
  • Notebook computers
  • Personal computers
  • Personal digital assistants PDA
  • Scanners
  • Tablet computers

Related Occupations

Occupations with similar skills and knowledge requirements

Most Similar

  • Financial and Investment Analysts 13-2051.00
  • Accountants and Auditors 13-2011.00
  • Personal Financial Advisors 13-2052.00
  • Credit Analysts 13-2041.00
  • Loan Officers 13-2072.00

Moderately Similar

  • Securities, Commodities, and Financial Services Sales Agents 41-3031.00
  • Financial Examiners 13-2061.00
  • Investment Fund Managers 11-3031.03
  • Financial Risk Specialists 13-2054.00
  • Treasurers and Controllers 11-3031.01

Related

  • Bookkeeping, Accounting, and Auditing Clerks 43-3031.00
  • Credit Authorizers, Checkers, and Clerks 43-4041.00
  • New Accounts Clerks 43-4141.00
  • Management Analysts 13-1111.00
  • Credit Counselors 13-2071.00
  • Budget Analysts 13-2031.00
  • Brokerage Clerks 43-4011.00
  • First-Line Supervisors of Office and Administrative Support Workers 43-1011.00
  • Administrative Services Managers 11-3012.00
  • Chief Executives 11-1011.00

Related Programs

Education programs that prepare you for this occupation

  • Workforce CredentialApplied Data SkillsIssuer: Quanthub
  • Micro-CredentialPerformance AnalysisIssuer: Quanthub
  • Bachelor's DegreeFinance (BSBA)Issuer: University of Alabama in Huntsville
  • Bachelor's DegreeFinance, BSIssuer: University of Alabama at Birmingham
  • Bachelor's DegreeFinanceIssuer: Jacksonville State University
  • Bachelor's DegreeFinanceIssuer: Alabama A&M University
  • Post-Baccalaureate CertificateGov't Financial ManagerIssuer: Auburn University at Montgomery
  • Bachelor's DegreeFinanceIssuer: Auburn University at Montgomery
  • Master's DegreeFinance — MSIssuer: Auburn University
  • Bachelor's DegreeFinanceIssuer: Auburn University