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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.
668 EMPLOYEES
$100.68M TOTAL SALARY
GS MOST COMMON PAYSCALE

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.

Job Description

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

Agency Employees Hired Average Salary
Veterans Health Administration 244 $127,001.43
U.S. Agency for International Development 95 $145,923.68
Deputy Assistant Secretary for Finance 23 $145,427.65
Indian Health Service 16 $126,840.00
Department of Energy 13 $157,768.58
Bureau of Prisons/Federal Prison System 11 $146,530.64
Environmental Protection Agency 10 $165,379.40
Federal Housing Finance Agency 9 $204,362.78
Veterans Benefits Administration 8 $154,099.88
Department of State 8 $179,402.75
Departmental Offices 7 $169,142.43
U.S. Mint 6 $157,763.17
Immediate Office of the Assistant Secretary for Management 6 $176,185.50
Department of Homeland Security Headquarters 6 $177,022.00
Ames Research Center 5 $179,865.20
Internal Revenue Service 5 $199,079.40
George C. Marshall Space Flight Center 5 $159,309.40
Animal and Plant Health Inspection Service 5 $153,731.20
Offices, Boards and Divisions 4 $183,898.50
Office of the Chief Financial Officer (Department of Housing and Urban Development) 4 $200,141.75
Bureau of Reclamation 4 $137,811.25
National Park Service 4 $138,048.75
Headquarters, Nasa 4 $166,086.50
Customs and Border Protection 4 $193,544.00
Bureau of Engraving and Printing 3 $182,944.00
Office of Comptroller of Currency 3 $251,247.33
Office of the Secretary of the Interior 3 $189,577.67
Rural Housing Service 3 $185,238.33
Food and Nutrition Service 3 $169,677.00
Office of the Secretary (Department of Commerce) 3 $191,803.33
Patent and Trademark Office 3 $197,280.00
Federal Trade Commission 3 $183,733.33
Election Assistance Commission 3 $108,193.67
Federal Highway Administration 3 $125,951.33
Substance Abuse & Mental Health Service Administration 3 $173,627.33
National Institutes of Health 3 $185,433.33
Centers for Medicare & Medicaid Services 3 $203,700.00
U.S. Coast Guard 3 $160,462.33
U.S. Secret Service 3 $185,345.00
Immigration and Customs Enforcement 3 $203,073.50
Federal Emergency Management Agency 3 $209,480.67
Food and Drug Administration 2 $278,634.00
Citizenship and Immigration Services 2 $203,558.50
National Protection and Programs Directorate 2 $182,549.50
Office of the Chief Financial Officer (Department of Agriculture) 2 $176,842.00
National Institute of Standards and Technology 2 $194,750.00
Bureau of the Fiscal Service 2 $160,638.00
Office of Enterprise Operations 2 $170,201.00
Deputy Assistant Secretary for Information and Technology 2 $161,076.00
Indian Affairs 2 $102,573.00
Langley Research Center 2 $175,904.00
Dryden Flight Research Center 2 $177,109.00
Goddard Space Flight Center 2 $168,595.00
National Archives and Records Administration 2 $188,357.00
Consumer Product Safety Commission 2 $176,171.50
Office of Secretary of Transportation 2 $183,766.50
Office of Inspector General (Department of Transportation) 2 $156,920.50
Drug Enforcement Administration 2 $203,700.00
U.S. Marshals Service 2 $190,000.00
Alcohol, Tobacco, Firearms, & Explosives 2 $176,300.00
Office of the Chief Financial Officer (Department of Labor) 2 $203,511.50
Export-Import Bank of the United States 2 $203,700.00
Equal Employment Opportunity Commission 2 $171,479.00
Office of the Director 2 $188,225.50
Bureau of Consumer Financial Protection 2 $240,346.00
Office of the Inspector General (Department of Justice) 1 $176,300.00
Executive Office for Immigration Review 1 $173,232.00
Bureau of Labor Statistics 1 $176,300.00
Mine Safety and Health Administration 1 $158,383.00
Occupational Safety and Health Administration 1 $176,300.00
Federal Energy Regulatory Commission 1 $197,500.00
Morris K. Udall & Stewart L. Udall Foundation 1 $95,442.00
Federal Communications Commission 1 $184,779.00
Federal Financial Institutions Examination Council 1 $147,272.00
Pretrial Services Agency 1 $176,300.00
Office of Special Counsel 1 $176,300.00
Office of Inspector General (Department of Housing and Urban Development) 1 $176,300.00
Assistant Secretary for Housing-Federal Housing Commissioner 1 $203,700.00
Government National Mortgage Association 1 $203,700.00
U.S. Tax Court 1 $176,300.00
Government Printing Office 1 $187,250.00
National Science Foundation 1 $190,317.00
National Labor Relations Board 1 $186,518.00
American Battle Monuments Commission 1 $176,300.00
Agricultural Marketing Service 1 $176,232.00
Agricultural Research Service 1 $203,700.00
Food Safety and Inspection Service 1 $192,856.00
Fpac Business Center 1 $193,968.00
Office of the Chief Information Officer (Department of Agriculture) 1 $146,526.00
African Development Foundation 1 $173,232.00
Nuclear Waste Technical Review Board 1 $127,233.00
National Oceanic and Atmospheric Administration 1 $176,300.00
National Telecommunications and Information Administration 1 $176,300.00
National Technical Information Service 1 $176,300.00
Commodity Futures Trading Commission 1 $246,748.00
Program Support Center 1 $176,300.00
Health Resources and Services Administration 1 $203,700.00
Centers for Disease Control and Prevention 1 $203,700.00
Federal Law Enforcement Training Centers 1 $203,700.00
Science and Technology Directorate 1 $176,300.00
John Glenn Research Center at Lewis Field 1 $194,126.00
John C. Stennis Space Center 1 $178,850.00
Lyndon B. Johnson Space Center 1 $194,126.00
John F. Kennedy Space Center 1 $194,126.00
Nuclear Regulatory Commission 1 $203,700.00
Office of Personnel Management 1 $203,700.00
Peace Corps 1 $186,900.00
Office of Navajo and Hopi Indian Relocation 1 $144,976.00
Medicaid & Chip Payment & Access Commission 1 $139,464.00
Securities and Exchange Commission 1 $220,858.00
National Gallery of Art 1 $151,479.00
Woodrow Wilson International Center for Scholars 1 $184,300.00
Selective Service System 1 $165,833.00
National Transportation Safety Board 1 $203,700.00
U.S. International Trade Commission 1 $192,960.00
Federal Railroad Administration 1 $192,997.00
St. Lawrence Seaway Development Corporation 1 $137,578.00
National Highway Traffic Safety Administration 1 $153,041.00
Maritime Administration 1 $203,700.00
Alcohol and Tobacco Tax and Trade Bureau 1 $176,300.00
Financial Crimes Enforcement Network 1 $176,300.00
Office of Inspector General for Tax Administration 1 $176,300.00
1 $163,333.00
Department of Veterans Affairs 1 $120,437.00
Immediate Office of Assistant Secretary for Information and Technology 1 $183,240.00
Deputy Assistant Secretary Security & Law Enforcement 1 $103,810.00
National Cemetery Administration 1 $201,141.00
Privacy and Civil Liberties Oversight 1 $170,151.00

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 TechnologistTechnical and Medical SupportGS-1GS-9
Accounting TechnicianClerical and Administrative SupportGS-1GS-9
Financial AnalysisAdministrative and ManagementGS-4GS-15
Industrial SpecialistAdministrative and ManagementGS-4GS-15
Fingerprint IdentificationClerical and Administrative SupportGS-1GS-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.


Data Sources

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 0505.

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/employees/occupations/financial-management