Financial Manager - Federal Salaries of 2022
Pay Rates for "Financial Manager"How much does a Financial Manager in the federal government get paid? $151,401.35* *Based on the 2022 average.
Financial Manager was the 203rd most popular job in the U.S. Government in 2022, with 668 employed. The most common payscale was the general schedule payscale.
In 2022, the Veterans Health Administration hired the most employees titled Financial Management, with an average salary of $127,001.
Government Financial Management jobs are classified under the General Schedule (GS) payscale. The minimum paygrade for a Financial Management job is GS-4, and the highest paygrade that can be attained within this job series is GS-15. Remember that the starting and maximum yearly pay listed above reflect base pay only - your actual salary will be higher based on the Locality Pay Adjustment for the area in which you work.
This occupation includes all classes of positions the duties of which are to manage or direct a program for the management of the financial resources of an organizational segment, field establishment, bureau, department, independent agency, or other organizational entity of the Federal Government when the duties and responsibilities include: (a) developing, coordinating, and maintaining an integrated system of financial staff services including at least accounting, budgeting, and management-financial reporting, and sometimes also one or more of such related staff services as auditing, credit analysis, management analysis, etc.; (b) exercising effective control over the financial resources of the organization; (c) coordinating and synthesizing financial and management data so as to interpret the composite financial results of operations to all levels of the organization's management; (d) advising on, developing, coordinating, and carrying out financial policies, procedures, and plans; (e) reviewing, analyzing, evaluating, and reporting upon program accomplishments in financial terms; and (f) advising and assisting the management officials of the organization served by supplying financial management advice required to make management decisions, establish organizational goals and objectives, and in all respects to manage the organization.
Agencies that have hired a Financial Manager
Financial Manager Pay Distribution
The average pay for a Financial Manager is $151,401.35. The highest paid Financial Manager made $353,568 in 2022.
Common Financial Manager Payscales
|Payscale||Number of Financial Management Employees|
|GS - General Schedule||432|
|ES - Senior Executive Service||112|
|FO - Foreign Service Officers||76|
|EL - Non-executive Positions At The Federal Housing Finance Agency||9|
|FP - Foreign Service Personnel||8|
|AD - Administratively Determined Rates, Not Elsewhere Specified||8|
|FE - Senior Foreign Service||4|
|ZA - Administrative||3|
|SL - Senior Level Positions||3|
|NB - Office Of The Comptroller Of The Currency Only||3|
|CN - Bureau Of Consumer Financial Protect(cfpb) Independent Agcy Within The Fed Res Syst(use By Cfpb Only)||2|
|VC - Canteen Service||1|
|SK - Non-supervisorty Postions Employed By The Securities And Exchange Commission (sec) And Formerly Under Gs Pay||1|
|EG - Consultant (other)||1|
|GE - U.s. Government Printing Office Employees Formerly Under Pay Plan Sl (senior Level Positions)||1|
|EX - Executive Pay||1|
|EJ - The Department Of Energy Organization Act Excepted Service||1|
|NQ - Employees In The National Nuclear Secuirty Administration's Professional, Technical, And Admin Career Path||1|
|CT - Commodity Futures Trading Commission Positions Previously Defined Under Pay Plan Codes Ad, Es, Gm, And Gs||1|
|Starting Paygrade:||$28,921.00 / year base pay at paygrade GS-4, Step 1|
|Maximum Paygrade:||$152,771.00 / year base pay at paygrade GS-15, Step 10|
|Category:||Administrative and Management|
|Occupation Family:||0500 ACCOUNTING AND BUDGET GROUP|
Other Jobs at the GS-4 Paygrade
GS-4 is the starting paygrade for Financial Management jobs. Here are some other Federal Government jobs that can be held by employees at the GS-4 paygrade.
|Occupation||Occupation Category||Starting Paygrade||Maximum Paygrade|
|Diagnostic Radiologic Technologist||Technical and Medical Support||GS-1||GS-9|
|Accounting Technician||Clerical and Administrative Support||GS-1||GS-9|
|Financial Analysis||Administrative and Management||GS-4||GS-15|
|Industrial Specialist||Administrative and Management||GS-4||GS-15|
|Fingerprint Identification||Clerical and Administrative Support||GS-1||GS-9|
Average Financial Management Pay Trend from 2004 to 2022
In 2004, the average pay for a Financial Manager was $99,268. Since then, the average pay has increased to $151,401 in 2022.
The information provided on these pages is sourced from the Office of Personnel Management (OPM) Enterprise Human Resources Integration (EHRI) dataset. Postal Service data is managed exclusively by the USPS . All information is displayed unmodified and as provided by the source agency.
Federal employee salaries are public information under open government laws (5 U.S.C. § 552). FederalPay provides this data in the interest of government transparency — employee data may not be used for commercial soliciting or vending of any kind. Learn more about the FederalPay Employees Dataset here.
The series code of this occupation is