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Financial Manager - Federal Salaries of 2008

Pay Rates for "Financial Manager"

How much does a Financial Manager in the federal government get paid? $116,848.65* *Based on the 2008 average.
682 EMPLOYEES
$79.69M TOTAL SALARY
GS MOST COMMON PAYSCALE

Financial Manager was the 198th most popular job in the U.S. Government in 2008, with 682 employed. The most common payscale was the general schedule payscale.

In 2008, the Veterans Health Administration hired the most employees titled Financial Management, with an average salary of $101,891.

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 219 $101,890.79
U.S. Agency for International Development 72 $101,180.14
Federal Bureau of Investigation 53 $89,396.32
Offices, Boards and Divisions 16 $119,878.06
Bureau of Prisons/Federal Prison System 16 $115,932.63
Department of Energy 16 $133,615.75
Indian Health Service 14 $97,761.14
Environmental Protection Agency 10 $148,121.10
Food and Nutrition Service 9 $127,539.33
Deputy Assistant Secretary for Finance 9 $139,234.56
Veterans Benefits Administration 9 $99,644.00
Federal Emergency Management Agency 9 $102,572.89
Departmental Offices 8 $138,877.25
George C. Marshall Space Flight Center 7 $142,215.00
Department of State 7 $133,650.43
Immigration and Customs Enforcement 6 $138,429.67
Animal and Plant Health Inspection Service 5 $109,387.20
Internal Revenue Service 5 $153,509.40
Ames Research Center 5 $144,091.40
Federal Highway Administration 5 $108,728.60
Office of Comptroller of Currency 5 $188,894.60
National Archives and Records Administration 4 $132,908.50
National Institutes of Health 4 $128,264.75
Department of Homeland Security Headquarters 4 $145,372.50
U.S. Coast Guard 4 $126,587.75
Office of the Chief Financial Officer (Department of Housing and Urban Development) 4 $152,119.75
Assistant Secretary for Housing-Federal Housing Commissioner 4 $154,358.25
National Park Service 4 $120,454.25
National Credit Union Administration 3 $154,079.00
Equal Employment Opportunity Commission 3 $142,991.33
Dryden Flight Research Center 3 $135,152.67
John C. Stennis Space Center 3 $126,225.33
Nuclear Regulatory Commission 3 $158,060.33
U.S. Mint 3 $135,668.67
Forest Service 3 $107,440.67
National Oceanic and Atmospheric Administration 3 $123,563.00
Centers for Disease Control and Prevention 3 $154,869.00
Centers for Medicare & Medicaid Services 3 $160,294.00
Customs and Border Protection 3 $161,176.00
Indian Affairs 3 $78,628.33
U.S. Fish and Wildlife Service 3 $101,380.00
Drug Enforcement Administration 2 $183,496.50
U.S. Marshals Service 2 $143,098.00
Office of the Chief Financial Officer (General Services Administration) 2 $154,120.00
Government Printing Office 2 $156,466.50
2 $110,231.00
John Glenn Research Center at Lewis Field 2 $148,757.00
Langley Research Center 2 $148,203.00
Office of Personnel Management 2 $168,725.00
Small Business Administration 2 $138,719.50
Securities and Exchange Commission 2 $195,629.00
National Transportation Safety Board 2 $160,471.50
Office of the Secretary, Research and Technology 2 $135,414.50
Bureau of Engraving and Printing 2 $145,037.00
Foreign Agricultural Service 2 $88,165.50
Office of the Secretary (Department of Commerce) 2 $161,063.50
Patent and Trademark Office 2 $157,870.00
U.S. Secret Service 2 $157,126.50
International-American Foundation 2 $93,842.00
Office of the Secretary of the Interior 2 $157,408.50
Bureau of Reclamation 2 $111,951.50
Immediate Office of the Assistant Secretary for Management 1 $172,200.00
Deputy Assistant Secretary for Information and Technology 1 $158,500.00
National Cemetery Administration 1 $166,400.00
Departmental Administration 1 $134,538.00
Office of the Chief Information Officer (Department of Agriculture) 1 $112,836.00
Agricultural Marketing Service 1 $128,850.00
Agricultural Research Service 1 $153,000.00
Rural Housing Service 1 $155,270.00
Risk Management Agency 1 $124,006.00
Natural Resources Conservation Service 1 $158,500.00
Food Safety and Inspection Service 1 $152,000.00
Office of the Chief Financial Officer (Department of Agriculture) 1 $203,572.00
International Trade Administration 1 $159,600.00
National Institute of Standards and Technology 1 $170,982.00
Citizenship and Immigration Services 1 $198,669.00
Federal Law Enforcement Training Centers 1 $151,355.00
Domestic Nuclear Detection Office 1 $130,694.00
Assistant Secretary for Community Planning and Development 1 $114,372.00
Assistant Secretary for Public and Indian Housing 1 $145,441.00
Government National Mortgage Association 1 $172,200.00
Bureau of Land Management 1 $90,570.00
Corporation for National and Community Service 1 $128,317.00
Bureau of the Census 1 $154,600.00
Economics and Statistics Administration 1 $119,161.00
Bureau of Industry and Security 1 $126,850.00
Commodity Futures Trading Commission 1 $223,163.00
Office of the Inspector General (Department of Justice) 1 $126,850.00
Alcohol, Tobacco, Firearms, & Explosives 1 $150,044.00
Office of the Chief Financial Officer (Department of Labor) 1 $172,200.00
Employment Standards Administration 1 $142,227.00
Employment and Training Administration 1 $131,194.00
Bureau of Labor Statistics 1 $149,000.00
Mine Safety and Health Administration 1 $134,538.00
Occupational Safety and Health Administration 1 $149,000.00
Office of the Solicitor (Department of Labor) 1 $119,661.00
Morris K. Udall & Stewart L. Udall Foundation 1 $123,672.00
Federal Communications Commission 1 $152,807.00
Farm Credit Administration 1 $168,057.00
Federal Mediation and Conciliation Service 1 $167,000.00
Office of the Director 1 $138,383.00
Pretrial Services Agency 1 $138,383.00
Federal Trade Commission 1 $158,400.00
Office of Special Counsel 1 $158,964.00
Presidio Trust 1 $183,500.00
Public Buildings Service 1 $119,161.00
Federal Acquisition Service 1 $134,016.00
Program Support Center 1 $166,400.00
Federal Maritime Commission 1 $124,175.00
Lyndon B. Johnson Space Center 1 $158,500.00
John F. Kennedy Space Center 1 $140,955.00
Peace Corps 1 $149,000.00
Office of Navajo and Hopi Indian Relocation 1 $119,314.00
Armed Forces Retirement Home 1 $85,727.00
Consumer Product Safety Commission 1 $157,000.00
National Gallery of Art 1 $134,615.00
Woodrow Wilson International Center for Scholars 1 $95,759.00
Selective Service System 1 $146,071.00
Federal Aviation Administration 1 $139,883.00
Federal Railroad Administration 1 $146,186.00
St. Lawrence Seaway Development Corporation 1 $142,355.00
Office of Inspector General (Department of Transportation) 1 $119,661.00
Maritime Administration 1 $133,209.00
Surface Transportation Board 1 $149,000.00
Pipeline/Hazardous Materials Safety Administration 1 $117,639.00
Office of the U.S. Trade Representative 1 $141,383.00
Financial Management Service 1 $151,071.00
Bureau of the Public Debt 1 $115,161.00
Financial Crimes Enforcement Network 1 $146,071.00
Office of Inspector General for Tax Administration 1 $120,661.00
Alcohol and Tobacco Tax and Trade Bureau 1 $163,463.00

Financial Manager Pay Distribution

The average pay for a Financial Manager is $116,848.65. The highest paid Financial Manager made $228,000 in 2008.

Common Financial Manager Payscales

Payscale Number of Financial Management Employees
GS - General Schedule 468
ES - Senior Executive Service 97
FO - Foreign Service Officers 42
FP - Foreign Service Personnel 25
GM - Emp Covered By Pmrs Termination Provisns 19
NB - Ofc Of Comptroller Of The Currency Only 5
FE - Senior Foreign Service 3
NQ - Nnsa Professional, Technical, And Admin 3
CU - Credit Union Employees 2
PD - Treasury Demonstration Project Positions 2
AD - Administratively Determined Rates, Not E 2
ZA - Administrative 2
GE - Gpo Emp Formerly Under Pay Plan Sl 2
EI - Advisory Committee Member (other) 1
FG - Similar To The General Schedule 1
GG - Grades Similar To General Schedule 1
SK - Sec Emp Formerly Under Gs, Gm, And Ez 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

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/2008