Management Occupations
BLS May 2025 wages Above-baseline growth SOC 11-3031

Financial Managers

Projected +15% employment change leads this card; pay sits next to Computer and Information Systems Managers, Fundraising Managers, Industrial Production Managers, Advertising and Promotions Managers.

Same-major-group titles next to Financial Managers: Computer and Information Systems Managers ($175K) , Fundraising Managers ($125K) , Industrial Production Managers ($126K) , Advertising and Promotions Managers ($134K) . Hash-ordered per card so residual SOC siblings do not share an identical peer sentence.

What Financial Managers publish as work

O*NET task statements for SOC 11-3031 - occupation-level descriptions, not every employer's posting. Sibling cards diverge here because the task set is entity-keyed.

  1. 1. Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping
  2. 2. Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter
  3. 3. Communicate with stockholders or other investors to provide information or to raise capital
  4. 4. Oversee the flow of cash or financial instruments
  5. 5. Develop or analyze information to assess the current or future financial status of firms
  6. 6. Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, broke…
  7. 7. Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans
  8. 8. Prepare financial or regulatory reports required by laws, regulations, or boards of directors
  9. 9. Examine, evaluate, or process loan applications
  10. 10. Evaluate financial reporting systems, accounting or collection procedures, or investment activities and make recommendations for changes…
  11. 11. Recruit staff members
  12. 12. Network within communities to find and attract new business

Financial Managers: O*NET ranks Reading Comprehension first

Importance-ranked O*NET profile for SOC 11-3031 - lead skill Reading Comprehension at 4.0 ; lead knowledge Customer and Personal Service. Sibling cards diverge here even when peer titles overlap.

Top skills

  1. 1. Reading Comprehension 4.0
  2. 2. Active Listening 4.0
  3. 3. Speaking 4.0
  4. 4. Critical Thinking 4.0
  5. 5. Writing 3.8
  6. 6. Monitoring 3.8
  7. 7. Social Perceptiveness 3.6
  8. 8. Coordination 3.6

Knowledge areas

  1. 1. Customer and Personal Service 4.7
  2. 2. Administration and Management 4.3
  3. 3. Economics and Accounting 4.1
  4. 4. Mathematics 3.7
  5. 5. Administrative 3.7
  6. 6. Law and Government 3.6
Projected employment change 2024-2034
↑ +15%
much faster than average (3.1%)
National median $166,570/yr
$167K
National median
74,600
Annual openings
841,710
Estimated US jobs
Computer and Information Systems Managers
Highest-pay peer · $175K

Typical Entry and Preparation Assignments

Entry education Bachelor's degree
Related experience 5 years or more

Top Paying States for Financial Managers

BLS projects +15% employment change for Financial Managers (2024-2034), much faster than average vs the all-occupations baseline of 3.1%. Published median pay is $166,570.

BLS assigns Bachelor's degree as typical entry education and 5 years or more related experience. These are occupation-level assignments, not universal employer rules. BLS does not publish a separate occupation-specific safety rate for this role; its broad SOC-group rate is excluded from this career card's grade.

Highest published state median in this ranking: Colorado at $182,690. The table records differences without proving causes. Highest-pay peer shown here: Computer and Information Systems Managers at $175,140. Compare the same statistic in the relevant local wage area before treating the national median as a personal benchmark; OEWS excludes employer benefits.

Financial Managers pay-rank #6 in Management Occupations

Among 37 detailed Management Occupations with a published OEWS median, Financial Managers is pay-rank #6, the upper third of that major group. The order is ROW_NUMBER on national median (title as tiebreak), not a worker-level percentile.

Other upper-third titles · closest medians

Data from U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025. Projections from BLS Employment Projections program, 2024-2034.

Frequently Asked Questions

Which Management Occupations titles sit near Financial Managers at the top of the pay table?
Financial Managers is pay-rank #6 of 37 detailed Management Occupations with an OEWS median, upper third. Nearest upper-third titles: Marketing Managers ($167K), Natural Sciences Managers ($167K), Architectural and Engineering Managers ($171K), Computer and Information Systems Managers ($175K). Rank is ROW_NUMBER on national median.
What do financial managers do day to day?
O*NET lists published task statements for Financial Managers. Leading ones include: Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping; Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter; Communicate with stockholders or other investors to provide information or to raise capital; Oversee the flow of cash or financial instruments. These are occupation-level task descriptions, not every employer's job description.
Which O*NET skills rank highest for financial managers?
For SOC 11-3031, O*NET importance scores lead with Reading Comprehension (4.0), Active Listening (4.0), Speaking (4.0), Critical Thinking (4.0). Knowledge areas emphasize Customer and Personal Service, Administration and Management, Economics and Accounting. These are occupation-level profiles, not a hiring checklist for every employer.
What is the OEWS national median for Financial Managers?
May 2025 OEWS reports $166,570 as the national median for Financial Managers. The published 10th-90th range is $94,310 to $323,270. Beside Computer and Information Systems Managers ($175,140), this is the occupation-level national figure, not a local offer.
How fast is Financial Managers projected to grow?
BLS Employment Projections put Financial Managers at +15% change for 2024-2034, with about 74,600 annual openings. Versus the all-occupations baseline (3.1%): much faster than average.
What typical entry education does BLS assign to Financial Managers?
BLS assigns Bachelor's degree as the typical-education-needed-for-entry category for Financial Managers. Related-work-experience category: 5 years or more. These are occupation-level labels, not every employer's hiring rule.
Which three states show the highest OEWS medians for Financial Managers?
Colorado ($182,690), New York ($219,880), District of Columbia ($188,880) lead this ranking. The table does not identify why those state estimates differ.

Source data and WageDex calculations are identified in context on this page. Wage and state figures use BLS OEWS May 2025; growth and education use BLS Employment Projections for 2024-2034; safety fields cite BLS CFOI/SOII; task statements cite O*NET where shown. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

Disclaimer: Wage and outlook figures on this page are provided for informational purposes only and do not constitute career, financial, or salary-negotiation advice. Actual pay varies by employer, experience, and local conditions; consult a career counselor or the hiring employer for guidance specific to your situation.

Source: U.S. Bureau of Labor Statistics, OES Occupational wage estimates by area and industry · 2025

Federal sources on this Financial Managers card
  • BLS Occupational Employment and Wage Statistics (OEWS / OES) - national median and percentiles for SOC 11-3031. bls.gov/oes
  • O*NET OnLine - task and skill statements for Financial Managers. onetcenter.org
  • BLS Employment Projections - 2024-2034 change and openings for this occupation. bls.gov/emp
  • U.S. Census Bureau ACS - demographic and labor-force context for state and metro geography. census.gov/programs-surveys/acs
  • IRS Statistics of Income (SOI) - payroll-tax aggregate context for wage comparisons. irs.gov/statistics