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Financial Manager - Federal Salaries of 2006

Pay Rates for "Financial Manager"

How much does a Financial Manager in the federal government get paid? $109,742.26* *Based on the 2006 average.
661 EMPLOYEES
$72.43M TOTAL SALARY
GS MOST COMMON PAYSCALE

Financial Manager was the 199th most popular job in the U.S. Government in 2006, with 661 employed. The most common payscale was the general schedule payscale.

In 2006, the Veterans Health Administration hired the most employees titled Financial Management, with an average salary of $97,548.

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.

Administrative and Management positions have a wide range of responsibilities. Management does not refer specifically to supervisors who directly manage organizations or teams. Rather jobs in this category deal with managing systems or processes such as finances, security systems, training programs, or marketing. For employees in this job category, promotions are typically given 2 grade increments at a time until GS-12 is reached.

Agencies that have hired a Financial Manager

Agency Employees Hired Average Salary
Veterans Health Administration 190 $97,548.35
U.S. Agency for International Development 71 $99,484.39
Federal Bureau of Investigation 53 $82,454.28
Bureau of Prisons/Federal Prison System 25 $101,626.00
Department of Energy 16 $127,901.63
Indian Health Service 13 $87,165.85
Veterans Benefits Administration 13 $98,779.00
Federal Highway Administration 12 $92,438.00
Environmental Protection Agency 9 $129,111.11
Food and Nutrition Service 9 $120,780.44
Offices, Boards and Divisions 9 $118,702.78
National Park Service 7 $101,285.43
George C. Marshall Space Flight Center 7 $124,959.29
Departmental Offices 7 $135,337.14
Deputy Assistant Secretary for Finance 7 $120,932.71
U.S. Mint 6 $109,814.50
Immigration and Customs Enforcement 5 $127,646.80
National Archives and Records Administration 5 $124,941.20
Nuclear Regulatory Commission 5 $142,674.00
Department of State 5 $126,471.40
Office of Comptroller of Currency 5 $157,549.80
Internal Revenue Service 5 $137,268.40
U.S. Secret Service 4 $135,965.50
Assistant Secretary for Housing-Federal Housing Commissioner 4 $135,611.50
U.S. Fish and Wildlife Service 4 $103,007.00
Centers for Disease Control and Prevention 4 $128,542.25
Animal and Plant Health Inspection Service 4 $100,262.50
National Institutes of Health 3 $139,486.00
Centers for Medicare & Medicaid Services 3 $153,812.33
Department of Homeland Security Headquarters 3 $160,911.33
U.S. Coast Guard 3 $106,563.00
Office of the Chief Financial Officer (Department of Housing and Urban Development) 3 $149,781.33
Indian Affairs 3 $71,949.67
Bureau of Reclamation 3 $106,178.00
Ames Research Center 3 $132,139.00
Dryden Flight Research Center 3 $128,704.67
John C. Stennis Space Center 3 $112,177.33
Office of Personnel Management 3 $149,700.00
Small Business Administration 3 $135,832.33
Deputy Assistant Secretary for Acquisition and Logistics 3 $100,076.00
Forest Service 3 $100,409.00
National Credit Union Administration 3 $146,393.33
U.S. Marshals Service 2 $136,166.00
Export-Import Bank of the United States 2 $152,000.00
Equal Employment Opportunity Commission 2 $136,745.50
Presidio Trust 2 $156,190.00
Office of the Chief Financial Officer (General Services Administration) 2 $128,964.00
Food and Drug Administration 2 $128,428.00
Customs and Border Protection 2 $149,751.50
Federal Emergency Management Agency 2 $133,537.00
Government National Mortgage Association 2 $144,009.00
International-American Foundation 2 $83,797.50
Office of the Secretary of the Interior 2 $141,883.50
Government Printing Office 2 $149,500.00
Langley Research Center 2 $139,743.50
Departmental Administration 2 $92,031.00
Foreign Agricultural Service 2 $84,179.50
Office of the Secretary (Department of Commerce) 2 $150,975.00
National Oceanic and Atmospheric Administration 2 $104,646.00
Drug Enforcement Administration 2 $154,300.00
Lyndon B. Johnson Space Center 2 $134,984.00
Peace Corps 2 $139,055.50
National Gallery of Art 2 $135,136.00
National Transportation Safety Board 2 $145,026.00
Office of the Secretary, Research and Technology 2 $124,900.50
Maritime Administration 2 $114,797.50
Bureau of Engraving and Printing 2 $133,137.50
John F. Kennedy Space Center 1 $132,618.00
Office of National Drug Control Policy 1 $118,272.00
Office of Navajo and Hopi Indian Relocation 1 $113,791.00
Securities and Exchange Commission 1 $208,169.00
Consumer Product Safety Commission 1 $139,774.00
Selective Service System 1 $129,023.00
Office of Secretary of Transportation 1 $148,937.00
Federal Aviation Administration 1 $125,439.00
St. Lawrence Seaway Development Corporation 1 $133,850.00
National Highway Traffic Safety Administration 1 $125,439.00
Office of Inspector General (Department of Transportation) 1 $100,547.00
Surface Transportation Board 1 $139,774.00
Pipeline/Hazardous Materials Safety Administration 1 $106,641.00
Office of the U.S. Trade Representative 1 $125,439.00
Financial Management Service 1 $132,607.00
Bureau of the Public Debt 1 $102,964.00
Financial Crimes Enforcement Network 1 $136,191.00
Office of Inspector General for Tax Administration 1 $121,856.00
Alcohol and Tobacco Tax and Trade Bureau 1 $139,389.00
Immediate Office of the Assistant Secretary for Management 1 $165,200.00
National Cemetery Administration 1 $147,000.00
Office of the Inspector General (Department of Homeland Security) 1 $132,607.00
Federal Law Enforcement Training Centers 1 $126,987.00
Domestic Nuclear Detection Office 1 $118,272.00
Science and Technology Directorate 1 $152,035.00
Assistant Secretary for Community Planning and Development 1 $103,594.00
Bureau of Land Management 1 $84,314.00
Corporation for National and Community Service 1 $118,828.00
Federal Maritime Commission 1 $112,734.00
Headquarters, Nasa 1 $146,863.00
Agricultural Marketing Service 1 $111,104.00
Agricultural Research Service 1 $139,774.00
Risk Management Agency 1 $114,688.00
Natural Resources Conservation Service 1 $150,000.00
Office of the Chief Financial Officer (Department of Agriculture) 1 $165,200.00
Institute of Museum and Library Services 1 $133,900.00
African Development Foundation 1 $139,774.00
International Trade Administration 1 $152,000.00
Patent and Trademark Office 1 $152,000.00
National Institute of Standards and Technology 1 $165,200.00
Bureau of the Census 1 $152,000.00
Commodity Futures Trading Commission 1 $189,090.00
Office of the Inspector General (Department of Justice) 1 $118,272.00
Alcohol, Tobacco, Firearms, & Explosives 1 $140,000.00
Employment Standards Administration 1 $139,774.00
Employment and Training Administration 1 $121,856.00
Bureau of Labor Statistics 1 $140,774.00
Mine Safety and Health Administration 1 $121,856.00
Occupational Safety and Health Administration 1 $136,191.00
Office of the Solicitor (Department of Labor) 1 $136,191.00
Morris K. Udall & Stewart L. Udall Foundation 1 $115,000.00
Federal Communications Commission 1 $121,856.00
Farm Credit Administration 1 $151,160.00
Federal Mediation and Conciliation Service 1 $139,774.00
Office of the Director 1 $125,439.00
Pretrial Services Agency 1 $121,856.00
Federal Trade Commission 1 $152,000.00
Public Buildings Service 1 $118,272.00
Federal Technology Service 1 $120,124.00
U.S. Holocaust Memorial Museum 1 $152,000.00
Program Support Center 1 $149,463.00
Citizenship and Immigration Services 1 $150,166.00

Financial Manager Pay Distribution

The average pay for a Financial Manager is $109,742.26. The highest paid Financial Manager made $208,169 in 2006.

Common Financial Manager Payscales

Payscale Number of Financial Management Employees
GS - General Schedule 448
ES - Senior Executive Service 83
FO - Foreign Service Officers 42
GM - Emp Covered By Pmrs Termination Provisns 32
FP - Foreign Service Personnel 22
FE - Senior Foreign Service 6
NB - Ofc Of Comptroller Of The Currency Only 5
AD - Administratively Determined Rates, Not E 5
SL - Senior Level Positions 4
CU - Credit Union Employees 2
PD - Treasury Demonstration Project Positions 2
PG - Printing Office Grades 2
GG - Grades Similar To General Schedule 2
CT - Commodity Futures Trading Commission Pos 1
SS - Senior Staff Positions 1
VH - Professional, Admin., And Managerial 1
EX - Executive Pay 1
SO - Sec Emp Formerly Under Es Pay Plan 1
FG - Similar To The General Schedule 1

Starting Paygrade: $27,184.00 / year base pay at paygrade GS-4, Step 1
Maximum Paygrade: $143,598.00 / 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 2019

In 2004, the average pay for a Financial Manager was $99,268. Since then, the average pay has increased to $139,880 in 2019.


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/2006