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Financial Managers Salaries
in Michigan, MI
Average Hourly Pay
Range: $73.97 – $81.37
Average Annual Pay
Range: $153,858 – $169,243
Salaries for Financial Managers near Michigan
Similar positions in nearby locations 100 miles
Alabama, AL
$77.56
0.1%Lower than Financial Managers in Michigan, MI
Alaska, AK
$68.13
12.3%Lower than Financial Managers in Michigan, MI
Arizona, AZ
$76.78
1.1%Lower than Financial Managers in Michigan, MI
Arkansas, AR
$64.96
16.4%Lower than Financial Managers in Michigan, MI
California, CA
$106.33
36.9%Higher than Financial Managers in Michigan, 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
$66.02/hr
Range: $62.87 - $69.16
Annual Rate
$137,318
Range: $130,779 - $143,857
3-5 years
Hourly Rate
$77.67/hr
Range: $73.97 - $81.37
Annual Rate
$161,550
Range: $153,858 - $169,243
6+ years
Hourly Rate
$89.32/hr
Range: $85.07 - $93.58
Annual Rate
$185,783
Range: $176,937 - $194,629
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

