Financial Managers Jobs Pay in Michigan, MI
Average Hourly Pay
$77.67
142.7%Above national average
Range: $73.97 – $81.37
Average Annual Pay
$161,550
142.7%Above national average
Range: $153,858 – $169,243
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
$66.02/hr
Range: $62.87 – $69.16
Annual Rate
$137,318
Range: $130,779 – $143,857
Mid level
3-5 years
Hourly Rate
$77.67/hr
Range: $73.97 – $81.37
Annual Rate
$161,550
Range: $153,858 – $169,243
Senior level
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.
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
