Financial Managers Jobs Pay in Detroit-Warren-Dearborn, MI
Average Hourly Pay
$81.48
154.6%Above national average
Range: $77.60 – $85.36
Average Annual Pay
$169,478
154.6%Above national average
Range: $161,408 – $177,549
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:
Entry Level
0-2 years
Hourly Rate
$69.26/hr
Range: $65.96 – $72.56
Annual Rate
$144,056
Range: $137,197 – $150,917
Mid level
3-5 years
Hourly Rate
$81.48/hr
Range: $77.60 – $85.36
Annual Rate
$169,478
Range: $161,408 – $177,549
Senior level
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.
Responsibilities
- •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
Skills
- •Leadership and team building
- •Strategic planning
- •Communication and negotiation
- •Problem-solving
- •Financial acumen
- •Decision-making
Qualifications
- •Bachelor's degree in related field
- •Several years of relevant experience
- •Proven leadership track record
- •Industry-specific knowledge
