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Financial Managers Salaries
in Detroit-Warren-Dearborn, MI
Average Hourly Pay
Range: $77.60 – $85.36
Average Annual Pay
Range: $161,408 – $177,549
Salaries for Financial Managers near Detroit-Warren-Dearborn
Similar positions in nearby locations 100 miles
Alabama, AL
$77.56
4.8%Lower than Financial Managers in Detroit-Warren-Dearborn, MI
Alaska, AK
$68.13
16.4%Lower than Financial Managers in Detroit-Warren-Dearborn, MI
Arizona, AZ
$76.78
5.8%Lower than Financial Managers in Detroit-Warren-Dearborn, MI
Arkansas, AR
$64.96
20.3%Lower than Financial Managers in Detroit-Warren-Dearborn, MI
California, CA
$106.33
30.5%Higher than Financial Managers in Detroit-Warren-Dearborn, MI
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
$69.26/hr
Range: $65.96 - $72.56
Annual Rate
$144,056
Range: $137,197 - $150,917
3-5 years
Hourly Rate
$81.48/hr
Range: $77.60 - $85.36
Annual Rate
$169,478
Range: $161,408 - $177,549
6+ years
Hourly Rate
$93.70/hr
Range: $89.24 - $98.16
Annual Rate
$194,900
Range: $185,619 - $204,181
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
