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Financial Manager - Federal Salaries of 2007

Pay Rates for "Financial Manager"

How much does a Financial Manager in the federal government get paid? $113,442.84* *Based on the 2007 average.
658 EMPLOYEES
$74.53M TOTAL SALARY
GS MOST COMMON PAYSCALE

Financial Manager was the 200th most popular job in the U.S. Government in 2007, with 658 employed. The most common payscale was the general schedule payscale.

In 2007, the Veterans Health Administration hired the most employees titled Financial Management, with an average salary of $100,483.

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 200 $100,482.88
U.S. Agency for International Development 66 $96,851.20
Federal Bureau of Investigation 53 $86,759.38
Bureau of Prisons/Federal Prison System 19 $110,364.00
Department of Energy 17 $131,145.82
Indian Health Service 15 $91,353.27
Offices, Boards and Divisions 15 $110,278.47
Veterans Benefits Administration 10 $102,641.90
Environmental Protection Agency 10 $139,346.70
Food and Nutrition Service 8 $129,199.25
Deputy Assistant Secretary for Finance 8 $126,745.75
George C. Marshall Space Flight Center 7 $133,337.00
Nuclear Regulatory Commission 6 $141,390.33
Department of State 6 $126,808.83
Federal Highway Administration 6 $100,726.33
Departmental Offices 6 $140,589.67
Office of Comptroller of Currency 5 $177,791.40
Internal Revenue Service 5 $144,447.60
Federal Emergency Management Agency 5 $129,942.80
National Park Service 5 $108,902.40
National Archives and Records Administration 4 $126,277.50
U.S. Mint 4 $120,541.50
Department of Homeland Security Headquarters 4 $147,959.50
U.S. Coast Guard 4 $121,894.75
Office of the Chief Financial Officer (Department of Housing and Urban Development) 4 $148,156.00
Assistant Secretary for Housing-Federal Housing Commissioner 4 $140,488.00
Bureau of Reclamation 4 $110,020.00
Animal and Plant Health Inspection Service 4 $108,619.25
Centers for Medicare & Medicaid Services 3 $168,524.67
Immigration and Customs Enforcement 3 $132,079.67
Indian Affairs 3 $74,304.67
U.S. Fish and Wildlife Service 3 $96,469.33
Ames Research Center 3 $139,807.33
Equal Employment Opportunity Commission 3 $137,007.33
National Institutes of Health 3 $145,957.67
Centers for Disease Control and Prevention 3 $142,240.33
Dryden Flight Research Center 3 $130,870.00
John C. Stennis Space Center 3 $121,304.67
Small Business Administration 3 $141,896.33
Deputy Assistant Secretary for Acquisition and Logistics 3 $104,547.33
Forest Service 3 $103,233.67
National Credit Union Administration 3 $151,408.67
Departmental Administration 2 $114,665.00
Foreign Agricultural Service 2 $81,411.50
Office of the Secretary (Department of Commerce) 2 $154,720.50
National Oceanic and Atmospheric Administration 2 $107,519.50
Patent and Trademark Office 2 $152,540.00
Langley Research Center 2 $141,942.50
Office of Personnel Management 2 $162,750.00
Peace Corps 2 $143,895.00
National Transportation Safety Board 2 $170,415.50
Office of the Secretary, Research and Technology 2 $128,135.50
Maritime Administration 2 $118,271.00
Bureau of Engraving and Printing 2 $137,005.50
U.S. Secret Service 2 $144,756.50
Government National Mortgage Association 2 $148,100.00
International-American Foundation 2 $87,338.00
Office of the Secretary of the Interior 2 $148,112.00
Government Printing Office 2 $152,650.00
2 $102,092.50
Drug Enforcement Administration 2 $160,550.00
Office of the Chief Financial Officer (General Services Administration) 2 $149,690.00
National Cemetery Administration 1 $162,300.00
Citizenship and Immigration Services 1 $157,674.00
Customs and Border Protection 1 $165,198.00
Federal Law Enforcement Training Centers 1 $136,273.00
Domestic Nuclear Detection Office 1 $121,399.00
Science and Technology Directorate 1 $155,076.00
Assistant Secretary for Public and Indian Housing 1 $136,482.00
Bureau of Land Management 1 $86,098.00
Corporation for National and Community Service 1 $121,967.00
Federal Maritime Commission 1 $115,713.00
Headquarters, Nasa 1 $150,740.00
U.S. Marshals Service 1 $158,297.00
Office of the Inspector General (Department of Justice) 1 $121,399.00
Office of the Chief Financial Officer (Department of Labor) 1 $168,000.00
Employment and Training Administration 1 $125,078.00
Bureau of Labor Statistics 1 $143,471.00
Mine Safety and Health Administration 1 $128,757.00
Occupational Safety and Health Administration 1 $143,471.00
Export-Import Bank of the United States 1 $154,600.00
Morris K. Udall & Stewart L. Udall Foundation 1 $117,082.00
Federal Communications Commission 1 $144,207.00
Farm Credit Administration 1 $159,158.00
Federal Mediation and Conciliation Service 1 $153,471.00
Office of the Director 1 $128,757.00
Pretrial Services Agency 1 $132,435.00
Federal Trade Commission 1 $153,800.00
Presidio Trust 1 $166,000.00
Public Buildings Service 1 $129,457.00
Federal Acquisition Service 1 $123,731.00
U.S. Holocaust Memorial Museum 1 $154,600.00
Program Support Center 1 $158,431.00
Food and Drug Administration 1 $141,750.00
John Glenn Research Center at Lewis Field 1 $150,960.00
Lyndon B. Johnson Space Center 1 $154,600.00
John F. Kennedy Space Center 1 $141,219.00
Office of National Drug Control Policy 1 $121,399.00
Office of Navajo and Hopi Indian Relocation 1 $115,848.00
Armed Forces Retirement Home 1 $79,397.00
Securities and Exchange Commission 1 $189,891.00
Consumer Product Safety Commission 1 $143,471.00
National Gallery of Art 1 $128,578.00
Selective Service System 1 $132,435.00
Office of Secretary of Transportation 1 $153,405.00
Federal Aviation Administration 1 $132,435.00
Federal Railroad Administration 1 $140,563.00
St. Lawrence Seaway Development Corporation 1 $136,273.00
Office of Inspector General (Department of Transportation) 1 $103,204.00
Surface Transportation Board 1 $143,471.00
Pipeline/Hazardous Materials Safety Administration 1 $112,586.00
Office of the U.S. Trade Representative 1 $132,435.00
Financial Management Service 1 $136,114.00
Bureau of the Public Debt 1 $108,320.00
Financial Crimes Enforcement Network 1 $139,793.00
Office of Inspector General for Tax Administration 1 $110,363.00
Alcohol and Tobacco Tax and Trade Bureau 1 $145,500.00
Immediate Office of the Assistant Secretary for Management 1 $168,000.00
Deputy Assistant Secretary for Information and Technology 1 $145,000.00
Office of the Chief Information Officer (Department of Agriculture) 1 $95,056.00
Agricultural Marketing Service 1 $117,721.00
Agricultural Research Service 1 $143,471.00
Rural Housing Service 1 $145,112.00
Risk Management Agency 1 $114,042.00
Natural Resources Conservation Service 1 $150,000.00
Food Safety and Inspection Service 1 $152,000.00
Office of the Chief Financial Officer (Department of Agriculture) 1 $168,000.00
Institute of Museum and Library Services 1 $143,000.00
African Development Foundation 1 $143,471.00
International Trade Administration 1 $159,600.00
National Institute of Standards and Technology 1 $165,200.00
Bureau of the Census 1 $154,600.00
Bureau of Industry and Security 1 $117,721.00
Commodity Futures Trading Commission 1 $204,209.00

Financial Manager Pay Distribution

The average pay for a Financial Manager is $113,442.84. The highest paid Financial Manager made $214,146 in 2007.

Common Financial Manager Payscales

Payscale Number of Financial Management Employees
GS - General Schedule 442
ES - Senior Executive Service 96
FO - Foreign Service Officers 40
GM - Emp Covered By Pmrs Termination Provisns 27
FP - Foreign Service Personnel 21
FE - Senior Foreign Service 6
NB - Ofc Of Comptroller Of The Currency Only 5
AD - Administratively Determined Rates, Not E 4
CU - Credit Union Employees 2
SL - Senior Level Positions 2
GG - Grades Similar To General Schedule 2
GE - Gpo Emp Formerly Under Pay Plan Sl 2
PD - Treasury Demonstration Project Positions 1
FG - Similar To The General Schedule 1
SO - Sec Emp Formerly Under Es Pay Plan 1
EG - Consultant (other) 1
EX - Executive Pay 1
VH - Professional, Admin., And Managerial 1
SS - Senior Staff Positions 1
CT - Commodity Futures Trading Commission Pos 1
ZA - Administrative 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/2007