Financial Manager - Federal Salaries of 2016
Pay Rates for "Financial Manager"How much does a Financial Manager in the federal government get paid? $131,614.65* *Based on the 2016 average.
Financial Manager was the 200th most popular job in the U.S. Government in 2016, with 742 employed. The most common payscale was the general schedule payscale.
In 2016, the Veterans Health Administration hired the most employees titled Financial Management, with an average salary of $110,652.
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.
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
Financial Manager Pay Distribution
The average pay for a Financial Manager is $131,614.65. The highest paid Financial Manager made $257,700 in 2016.
Common Financial Manager Payscales
|Payscale||Number of Financial Management Employees|
|GS - General Schedule||466|
|ES - Senior Executive Service||117|
|FO - Foreign Service Officers||60|
|FP - Foreign Service Personnel||55|
|FE - Senior Foreign Service||10|
|EL - Non-executive Positions At Fhfa||7|
|CN - Bur Of (cfpb) An Indep Ag Within Frs||3|
|SL - Senior Level Positions||3|
|NB - Ofc Of Comptroller Of The Currency Only||3|
|AD - Administratively Determined Rates, Not E||3|
|GE - Gpo Emp Formerly Under Pay Plan Sl||2|
|NQ - Nnsa Professional, Technical, And Admin||2|
|SS - Senior Staff Positions||2|
|CU - Credit Union Employees||2|
|SK - Sec Emp Formerly Under Gs, Gm, And Ez||1|
|EX - Executive Pay||1|
|EJ - Dept Of Energy Org Act Excepted Service||1|
|VH - Professional, Admin., And Managerial||1|
|GM - Emp Covered By Pmrs Termination Provisns||1|
|ZA - Administrative||1|
|CT - Commodity Futures Trading Commission Pos||1|
|Starting Paygrade:||$26,233.00 / year base pay at paygrade GS-4, Step 1|
|Maximum Paygrade:||$138,572.00 / 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|
|Respiratory Therapist||Technical and Medical Support||GS-1||GS-9|
|Military Pay||Clerical and Administrative Support||GS-1||GS-9|
|Commissary Management||Administrative and Management||GS-4||GS-15|
|Agricultural Marketing||Administrative and Management||GS-4||GS-15|
|Outdoor Recreation Planning||Administrative and Management||GS-4||GS-15|
Average Financial Management Pay Trend from 2004 to 2018
In 2004, the average pay for a Financial Manager was $99,268. Since then, the average pay has increased to $135,006 in 2018.
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