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Financial Managers Salaries
in Chicago-Naperville-Elgin, IL-IN, IL
Average Hourly Pay
Range: $88.31 – $97.14
Average Annual Pay
Range: $183,685 – $202,053
Salaries for Financial Managers near Chicago-Naperville-Elgin, IL-IN
Similar positions in nearby locations 100 miles
Alabama, AL
$77.56
16.4%Lower than Financial Managers in Chicago-Naperville-Elgin, IL-IN, IL
Alaska, AK
$68.13
26.5%Lower than Financial Managers in Chicago-Naperville-Elgin, IL-IN, IL
Arizona, AZ
$76.78
17.2%Lower than Financial Managers in Chicago-Naperville-Elgin, IL-IN, IL
Arkansas, AR
$64.96
29.9%Lower than Financial Managers in Chicago-Naperville-Elgin, IL-IN, IL
California, CA
$106.33
14.7%Higher than Financial Managers in Chicago-Naperville-Elgin, IL-IN, IL
How much do Financial Managers make?
Your level of experience is a key factor in determining your earning potential. Here's what you can expect at different career stages:
0-2 years
Hourly Rate
$78.82/hr
Range: $75.06 - $82.57
Annual Rate
$163,939
Range: $156,132 - $171,745
3-5 years
Hourly Rate
$92.73/hr
Range: $88.31 - $97.14
Annual Rate
$192,869
Range: $183,685 - $202,053
6+ years
Hourly Rate
$106.64/hr
Range: $101.56 - $111.71
Annual Rate
$221,799
Range: $211,238 - $232,361
Financial Managers job description
Financial Managers professionals lead teams and departments to achieve organizational goals. They develop strategies, manage resources, and ensure operational excellence while fostering employee development.
- •Lead and supervise team members
- •Develop and implement strategies
- •Manage budgets and resources
- •Set goals and monitor performance
- •Make decisions and solve problems
- •Report to senior leadership
- •Leadership and team building
- •Strategic planning
- •Communication and negotiation
- •Problem-solving
- •Financial acumen
- •Decision-making
- •Bachelor's degree in related field
- •Several years of relevant experience
- •Proven leadership track record
- •Industry-specific knowledge
