Financial Managers
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
- O*NET-SOC code
11-3031.00 - Preparation Job Zone Four: Considerable Preparation Needed
Wages
Median annual wage, U.S.$166,570
Employment, U.S.841,710
Median hourly wage$80.08
| 10th | 25th | Median | 75th | 90th |
|---|---|---|---|---|
| $94,310 | $125,490 | $166,570 | $219,980 | $323,270 |
By state (51)
| State | Employment | Median annual | Location quotient |
|---|---|---|---|
| Alabama | 7,200 | $140,500 | 0.63 |
| Alaska | 2,020 | $127,030 | 1.14 |
| Arizona | 14,900 | $139,830 | 0.85 |
| Arkansas | 7,120 | $116,570 | 1.01 |
| California | 93,310 | $180,770 | 0.95 |
| Colorado | 10,640 | $182,690 | 0.68 |
| Connecticut | 20,040 | $174,830 | 2.18 |
| Delaware | 2,810 | $181,580 | 1.07 |
| District of Columbia | 8,930 | $188,880 | 2.35 |
| Florida | 48,910 | $153,280 | 0.91 |
| Georgia | 21,390 | $166,790 | 0.81 |
| Hawaii | 3,790 | $134,210 | 1.12 |
| Idaho | 3,120 | $127,210 | 0.67 |
| Illinois | 52,720 | $165,880 | 1.60 |
| Indiana | 12,560 | $135,840 | 0.73 |
| Iowa | 9,130 | $133,320 | 1.08 |
| Kansas | 5,190 | $159,380 | 0.67 |
| Kentucky | 6,630 | $130,650 | 0.61 |
| Louisiana | 7,070 | $126,800 | 0.68 |
| Maine | 3,120 | $133,610 | 0.90 |
| Maryland | 19,770 | $158,750 | 1.32 |
| Massachusetts | 26,150 | $206,760 | 1.33 |
| Michigan | 22,490 | $139,370 | 0.94 |
| Minnesota | 16,680 | $163,410 | 1.04 |
| Mississippi | 3,470 | $111,390 | 0.55 |
| Missouri | 13,330 | $143,460 | 0.84 |
| Montana | 1,510 | $131,060 | 0.55 |
| Nebraska | 5,630 | $140,360 | 1.02 |
| Nevada | 8,090 | $132,490 | 0.96 |
| New Hampshire | 4,330 | $144,730 | 1.17 |
| New Jersey | 32,510 | $199,110 | 1.40 |
| New Mexico | 2,530 | $133,700 | 0.54 |
| New York | 80,810 | $219,880 | 1.54 |
| North Carolina | 22,460 | $166,780 | 0.84 |
| North Dakota | 2,140 | $135,890 | 0.92 |
| Ohio | 27,360 | $140,870 | 0.91 |
| Oklahoma | 6,670 | $132,460 | 0.72 |
| Oregon | 7,610 | $156,460 | 0.71 |
| Pennsylvania | 32,180 | $145,610 | 0.98 |
| Rhode Island | 2,570 | $166,940 | 0.95 |
| South Carolina | 9,020 | $136,160 | 0.72 |
| South Dakota | 1,000 | $159,700 | 0.40 |
| Tennessee | 17,630 | $141,010 | 0.99 |
| Texas | 71,870 | $164,860 | 0.94 |
| Utah | 8,860 | $150,450 | 0.94 |
| Vermont | 1,790 | $128,690 | 1.09 |
| Virginia | 20,850 | $185,220 | 0.94 |
| Washington | 12,930 | $174,840 | 0.67 |
| West Virginia | 2,610 | $113,140 | 0.69 |
| Wisconsin | 15,530 | $139,720 | 0.98 |
| Wyoming | 730 | $124,910 | 0.48 |
Similar occupations
Similarity is our measure: the cosine of importance x level over all 120 O*NET skills, knowledge areas and abilities. It is not an O*NET finding. More.
Circles are the 20 most similar occupations, coloured by Job Zone. Lines join pairs where one is among the other's 10 most similar; darker lines are pairs O*NET also lists as related. Drag a circle to move it out of the way; select one to open it.
| # | Occupation | Job Zone | Similarity |
|---|---|---|---|
| 1 | Loan Officers | 4 | 0.966 |
| 2 | Accountants and Auditors | 4 | 0.965 |
| 3 | Securities, Commodities, and Financial Services Sales Agents | 4 | 0.962 |
| 4 | First-Line Supervisors of Non-Retail Sales Workers | 4 | 0.954 |
| 5 | Tax Examiners and Collectors, and Revenue Agents | 3 | 0.953 |
| 6 | Compensation and Benefits Managers | 4 | 0.953 |
| 7 | Purchasing Managers | 4 | 0.953 |
| 8 | Gambling Managers | 1-2 | 0.953 |
| 9 | Property, Real Estate, and Community Association Managers | 4 | 0.952 |
| 10 | Compensation, Benefits, and Job Analysis Specialists | 4 | 0.952 |
One skill away
Among the 50 occupations most similar to Financial Managers, those at the same Job Zone or lower, where exactly one skill rated at least 3 in importance needs a level more than 0.75 points higher (on O*NET's 0-7 level scale). Our definition. Change the thresholds.
| Occupation | Skill to build | Level gap | Similarity |
|---|---|---|---|
| Property, Real Estate, and Community Association Managers | Management of Material Resources | 1.26 | 0.952 |
| Credit Counselors | Systems Evaluation | 3.12 | 0.944 |
| Claims Adjusters, Examiners, and Investigators | Systems Analysis | 2.62 | 0.941 |
| Administrative Services Managers | Systems Analysis | 3.12 | 0.936 |
Software to learn next
Software used by at least 3 of the 20 occupations most similar to Financial Managers, excluding software Financial Managers already lists and any you named. Ranked by how many of them use it, weighted by how much more common it is among them than across all occupations (lift). Our ranking.
| Software | Similar jobs using it | Lift |
|---|---|---|
| Quicken | 5 of 20 | 17.8x |
| Document management system software | 5 of 20 | 14.4x |
| Intuit TurboTax | 3 of 20 | 46.2x |
| Web browser software | 17 of 20 | 1.8x |
| Sage HRMS | 3 of 20 | 27.7x |
| 5 of 20 | 4.4x | |
| Microsoft Internet Explorer | 5 of 20 | 3.8x |
| Microsoft Publisher | 6 of 20 | 2.9x |
| SAP BusinessObjects Crystal Reports | 3 of 20 | 7.3x |
| Adobe PageMaker | 3 of 20 | 6.9x |
Skills
From O*NET data. Importance is rated 1 to 5 and level 0 to 7.
| Skill | Type | Importance | Level |
|---|---|---|---|
| Active Listening | Essential skill | 4.00 | 4.38 |
| Reading Comprehension | Essential skill | 4.00 | 4.38 |
| Critical Thinking | Essential skill | 4.00 | 4.25 |
| Speaking | Essential skill | 4.00 | 4.12 |
| Monitoring | Essential skill | 3.75 | 4.12 |
| Writing | Essential skill | 3.75 | 3.62 |
| Management of Personnel Resources | Transferable skill | 3.62 | 4.00 |
| Complex Problem Solving | Transferable skill | 3.62 | 3.88 |
| Judgment and Decision Making | Transferable skill | 3.62 | 3.88 |
| Coordination | Transferable skill | 3.62 | 3.75 |
| Social Perceptiveness | Transferable skill | 3.62 | 3.75 |
| Time Management | Transferable skill | 3.62 | 3.75 |
| Service Orientation | Transferable skill | 3.62 | 3.62 |
| Active Learning | Essential skill | 3.50 | 4.00 |
| Mathematics | Essential skill | 3.50 | 3.62 |
| Persuasion | Transferable skill | 3.38 | 3.75 |
| Negotiation | Transferable skill | 3.12 | 3.75 |
| Management of Financial Resources | Transferable skill | 3.12 | 3.62 |
| Systems Analysis | Transferable skill | 3.00 | not rated |
| Systems Evaluation | Transferable skill | 3.00 | not rated |
| Learning Strategies | Essential skill | 3.00 | 3.38 |
| Instructing | Transferable skill | 2.88 | 3.38 |
| Management of Material Resources | Transferable skill | 2.38 | 2.12 |
| Programming | Transferable skill | 1.88 | not rated |
| Quality Control Analysis | Transferable skill | 1.88 | 1.50 |
| Operations Monitoring | Transferable skill | 1.88 | 1.38 |
| Operations Analysis | Transferable skill | 1.75 | not rated |
| Technology Design | Transferable skill | 1.62 | 0.88 |
| Equipment Selection | Transferable skill | 1.25 | not rated |
| Science | Essential skill | 1.25 | not rated |
| Troubleshooting | Transferable skill | 1.25 | not rated |
| Operation and Control | Transferable skill | 1.12 | not rated |
| Equipment Maintenance | Transferable skill | 1.00 | not rated |
| Installation | Transferable skill | 1.00 | not rated |
| Repairing | Transferable skill | 1.00 | not rated |
Knowledge (33) and abilities (52)
| Name | Importance | Level |
|---|---|---|
| Customer and Personal Service | 4.66 | 5.36 |
| Administration and Management | 4.33 | 5.44 |
| Economics and Accounting | 4.07 | 5.83 |
| Mathematics | 3.73 | 4.48 |
| Administrative | 3.70 | 4.97 |
| Law and Government | 3.60 | 3.89 |
| Personnel and Human Resources | 3.50 | 4.30 |
| Sales and Marketing | 3.35 | 4.36 |
| English Language | 3.32 | 3.75 |
| Education and Training | 3.29 | 4.72 |
| Computers and Electronics | 3.25 | 3.97 |
| Communications and Media | 2.74 | 2.63 |
| Psychology | 2.25 | 2.66 |
| Public Safety and Security | 2.19 | 1.99 |
| Production and Processing | 1.89 | not rated |
| Telecommunications | 1.73 | 1.27 |
| Foreign Language | 1.69 | 1.15 |
| Sociology and Anthropology | 1.64 | not rated |
| Philosophy and Theology | 1.59 | 1.32 |
| Geography | 1.56 | 1.66 |
| Mechanical | 1.36 | not rated |
| Transportation | 1.35 | not rated |
| Therapy and Counseling | 1.34 | not rated |
| Design | 1.33 | not rated |
| Building and Construction | 1.29 | not rated |
| Engineering and Technology | 1.29 | not rated |
| History and Archeology | 1.20 | not rated |
| Food Production | 1.08 | not rated |
| Fine Arts | 1.02 | not rated |
| Medicine and Dentistry | 1.01 | not rated |
| Biology | 1.00 | not rated |
| Chemistry | 1.00 | not rated |
| Physics | 1.00 | not rated |
| Name | Importance | Level |
|---|---|---|
| Oral Expression | 4.12 | 4.62 |
| Written Comprehension | 4.12 | 4.62 |
| Oral Comprehension | 4.12 | 4.50 |
| Deductive Reasoning | 4.00 | 4.62 |
| Speech Clarity | 4.00 | 4.00 |
| Inductive Reasoning | 3.88 | 4.12 |
| Written Expression | 3.88 | 4.12 |
| Problem Sensitivity | 3.88 | 4.00 |
| Near Vision | 3.75 | 4.12 |
| Speech Recognition | 3.75 | 3.88 |
| Information Ordering | 3.75 | 3.50 |
| Number Facility | 3.50 | 4.25 |
| Mathematical Reasoning | 3.50 | 3.75 |
| Fluency of Ideas | 3.38 | 3.50 |
| Flexibility of Closure | 3.25 | 3.38 |
| Category Flexibility | 3.12 | 3.50 |
| Speed of Closure | 3.00 | 3.00 |
| Originality | 2.88 | 3.12 |
| Perceptual Speed | 2.88 | 2.62 |
| Selective Attention | 2.75 | 2.62 |
| Memorization | 2.50 | 2.62 |
| Far Vision | 2.25 | 2.12 |
| Time Sharing | 2.25 | 2.00 |
| Visualization | 2.12 | 2.12 |
| Auditory Attention | 2.00 | 1.62 |
| Wrist-Finger Speed | 2.00 | 1.62 |
| Trunk Strength | 1.88 | 1.38 |
| Finger Dexterity | 1.75 | 1.12 |
| Arm-Hand Steadiness | 1.75 | 0.88 |
| Manual Dexterity | 1.75 | 0.88 |
| Hearing Sensitivity | 1.50 | 1.00 |
| Depth Perception | 1.50 | 0.62 |
| Visual Color Discrimination | 1.38 | 0.62 |
| Control Precision | 1.25 | not rated |
| Night Vision | 1.12 | not rated |
| Peripheral Vision | 1.12 | not rated |
| Sound Localization | 1.12 | not rated |
| Stamina | 1.12 | not rated |
| Dynamic Flexibility | 1.00 | not rated |
| Dynamic Strength | 1.00 | not rated |
| Explosive Strength | 1.00 | not rated |
| Extent Flexibility | 1.00 | not rated |
| Glare Sensitivity | 1.00 | not rated |
| Gross Body Coordination | 1.00 | not rated |
| Gross Body Equilibrium | 1.00 | not rated |
| Multilimb Coordination | 1.00 | not rated |
| Rate Control | 1.00 | not rated |
| Reaction Time | 1.00 | not rated |
| Response Orientation | 1.00 | not rated |
| Spatial Orientation | 1.00 | not rated |
| Speed of Limb Movement | 1.00 | not rated |
| Static Strength | 1.00 | not rated |
Software used
Examples from O*NET data. "Hot" and "in demand" are O*NET flags for technologies often listed in job postings.
- Microsoft Excel in demand
- Microsoft Office software in demand
- Microsoft Outlook in demand
- Microsoft PowerPoint in demand
- SAP software in demand
- Adobe Acrobat hot
- Alteryx software hot
- IBM SPSS Statistics hot
- Intuit QuickBooks hot
- Marketo Marketing Automation hot
- Microsoft Access hot
- Microsoft Project hot
- Microsoft SQL Server hot
- Microsoft SharePoint hot
- Microsoft Visio hot
- Microsoft Visual Basic hot
- Microsoft Visual Basic for Applications VBA hot
- Microsoft Windows hot
- Microsoft Word hot
- Oracle Database hot
- Oracle PeopleSoft hot
- Oracle Primavera Enterprise Project Portfolio Management hot
- R hot
- SAS hot
- Salesforce software hot
- Structured query language SQL hot
- Tableau hot
- Teradata Database hot
- Workday software hot
- Yardi software hot
All 64
- ADP Workforce Now
- ARES Corporation PRISM Project Estimator
- Accounts receivable software
- Blackbaud The Raiser's Edge
- Credit management software
- Database software
- Delphi Technology
- FileMaker Pro
- Fund accounting software
- Healthcare common procedure coding system HCPCS
- Human resource information system (HRIS)
- Human resource management software HRMS
- IBM Cognos Impromptu
- IBM Notes
- IBM Power Systems software
- LexisNexis
- MicroStrategy
- Microsoft Dynamics
- Microsoft Dynamics GP
- Microsoft Exchange
- Moody's KMV FAMAS
- NetSuite ERP
- Oracle Business Intelligence Enterprise Edition
- Oracle E-Business Suite Financials
- Oracle Fusion Applications
- Oracle Hyperion
- Oracle JD Edwards EnterpriseOne
- Oracle PeopleSoft Financials
- Qlik Tech QlikView
- SAP Business Objects
- SAP Crystal Reports
- Sage 50 Accounting
- Tax compliance property tax management software
- Tax software
Where it concentrates
Metro areas ranked by BLS location quotient: the occupation's share of the area's jobs divided by its share of all US jobs. Above 1 means more concentrated than the nation. Metros employing fewer than 100 are left out.
| Metro area | Employment | Location quotient | Median annual |
|---|---|---|---|
| Bridgeport-Stamford-Danbury, CT | 7,210 | 3.29 | $211,000 |
| Bloomington, IL | 1,400 | 2.93 | $156,240 |
| Hartford-West Hartford-East Hartford, CT | 7,540 | 2.32 | $170,310 |
| Trenton-Princeton, NJ | 2,460 | 1.89 | $184,800 |
| New York-Newark-Jersey City, NY-NJ | 89,960 | 1.75 | $221,010 |
| Des Moines-West Des Moines, IA | 3,800 | 1.74 | $154,140 |
| Chicago-Naperville-Elgin, IL-IN | 41,590 | 1.70 | $168,810 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 26,430 | 1.56 | $185,270 |
| Midland, MI | 310 | 1.52 | $173,080 |
| Boston-Cambridge-Newton, MA-NH | 21,650 | 1.48 | $209,780 |