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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.
742 EMPLOYEES
$97.26M TOTAL SALARY
GS MOST COMMON PAYSCALE

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.

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 232 $110,652.44
U.S. Agency for International Development 129 $117,914.50
Goddard Space Flight Center 39 $125,992.92
Department of Energy 16 $141,820.50
Offices, Boards and Divisions 15 $150,160.47
Deputy Assistant Secretary for Finance 14 $138,644.93
Indian Health Service 13 $107,944.08
Bureau of Prisons/Federal Prison System 10 $135,372.80
Veterans Benefits Administration 10 $134,335.60
Departmental Offices 9 $141,071.11
Environmental Protection Agency 8 $154,020.25
Federal Housing Finance Agency 7 $142,186.14
Department of State 7 $155,589.86
George C. Marshall Space Flight Center 7 $144,175.43
Federal Emergency Management Agency 7 $145,815.71
U.S. Mint 6 $139,143.67
Department of Homeland Security Headquarters 6 $168,248.67
Animal and Plant Health Inspection Service 6 $122,094.50
Ames Research Center 5 $158,783.60
Deputy Assistant Secretary for Acquisition and Logistics 5 $126,093.60
Internal Revenue Service 5 $179,478.60
Office of the Secretary of the Interior 4 $170,748.25
Customs and Border Protection 4 $178,817.75
Office of the Chief Financial Officer (Department of Housing and Urban Development) 4 $181,493.25
National Park Service 4 $130,996.50
Bureau of Reclamation 4 $113,581.00
National Credit Union Administration 4 $219,644.50
Headquarters, Nasa 4 $133,250.50
Immediate Office of Assistant Secretary for Information and Technology 4 $157,178.50
Office of the Chief Financial Officer (Department of Labor) 3 $177,491.00
Centers for Medicare & Medicaid Services 3 $175,477.00
Bureau of Consumer Financial Protection 3 $0.00
Federal Highway Administration 3 $98,036.33
Food and Nutrition Service 3 $149,924.33
National Institutes of Health 3 $170,364.00
Office of Comptroller of Currency 3 $210,568.33
Patent and Trademark Office 3 $179,605.00
Langley Research Center 2 $148,317.00
Assistant Secretary for Housing-Federal Housing Commissioner 2 $173,050.00
Office of Personnel Management 2 $181,425.00
Food and Drug Administration 2 $182,957.50
Export-Import Bank of the United States 2 $170,000.00
Rural Housing Service 2 $173,061.00
Dryden Flight Research Center 2 $162,050.00
Surface Transportation Board 2 $122,754.50
Peace Corps 2 $149,101.00
Substance Abuse & Mental Health Service Administration 2 $153,912.00
U.S. Secret Service 2 $162,941.00
Office of the Director 2 $150,214.00
Program Support Center 2 $172,700.00
U.S. Marshals Service 2 $171,780.50
Equal Employment Opportunity Commission 2 $166,913.00
Federal Trade Commission 2 $168,225.00
Bureau of Engraving and Printing 2 $170,595.00
National Transportation Safety Board 2 $170,325.50
U.S. Fish and Wildlife Service 2 $130,350.00
John Glenn Research Center at Lewis Field 2 $165,078.50
Immigration and Customs Enforcement 2 $168,276.00
Indian Affairs 2 $96,635.50
Nuclear Regulatory Commission 2 $179,963.50
Citizenship and Immigration Services 2 $172,376.00
Office of Inspector General (Department of Transportation) 2 $135,059.50
U.S. International Trade Commission 2 $157,542.50
Drug Enforcement Administration 2 $178,267.00
Health Resources and Services Administration 2 $174,653.50
Bureau of the Fiscal Service 2 $131,981.00
Office of the Chief Financial Officer (Department of Agriculture) 2 $172,700.00
Office of the Secretary (Department of Commerce) 2 $185,100.00
Office of Secretary of Transportation 2 $140,288.00
Immediate Office of the Assistant Secretary for Management 2 $178,719.00
National Archives and Records Administration 2 $170,404.50
Government Printing Office 2 $169,621.00
Selective Service System 1 $140,892.00
Natural Resources Conservation Service 1 $170,358.00
International-American Foundation 1 $118,246.00
Office of Special Counsel 1 $157,971.00
National Highway Traffic Safety Administration 1 $145,162.00
Presidio Trust 1 $189,925.00
National Labor Relations Board 1 $180,205.00
Financial Crimes Enforcement Network 1 $160,300.00
Alcohol, Tobacco, Firearms, & Explosives 1 $156,702.00
Agricultural Research Service 1 $189,100.00
Federal Railroad Administration 1 $176,437.00
U.S. Tax Court 1 $153,702.00
Bureau of Labor Statistics 1 $160,300.00
National Cemetery Administration 1 $170,501.00
Election Assistance Commission 1 $150,115.00
Agricultural Marketing Service 1 $138,994.00
Small Business Administration 1 $169,418.00
Morris K. Udall & Stewart L. Udall Foundation 1 $71,112.00
Securities and Exchange Commission 1 $198,204.00
Alcohol and Tobacco Tax and Trade Bureau 1 $160,300.00
Occupational Safety and Health Administration 1 $149,432.00
Deputy Assistant Secretary for Information and Technology 1 $105,256.00
Government National Mortgage Association 1 $165,000.00
Woodrow Wilson International Center for Scholars 1 $145,162.00
Federal Law Enforcement Training Centers 1 $155,844.00
Farm Credit Administration 1 $210,202.00
Federal Maritime Commission 1 $157,971.00
National Oceanic and Atmospheric Administration 1 $161,778.00
Risk Management Agency 1 $153,702.00
St. Lawrence Seaway Development Corporation 1 $125,202.00
Federal Energy Regulatory Commission 1 $179,100.00
John F. Kennedy Space Center 1 $175,600.00
National Telecommunications and Information Administration 1 $175,430.00
John C. Stennis Space Center 1 $175,600.00
Office of the U.S. Trade Representative 1 $160,300.00
Office of Navajo and Hopi Indian Relocation 1 $129,723.00
Office of the Inspector General (Department of Commerce) 1 $153,702.00
Maritime Administration 1 $159,911.00
Federal Communications Commission 1 $168,607.00
Office of Inspector General for Tax Administration 1 $145,162.00
Smithsonian Institution (Exchange Sep Boards of Trust) 1 $130,666.00
Office of the Inspector General (Department of Justice) 1 $140,892.00
Consumer Product Safety Commission 1 $185,100.00
Federal Mediation and Conciliation Service 1 $171,893.00
Commodity Futures Trading Commission 1 $213,501.00
Centers for Disease Control and Prevention 1 $185,100.00
National Technical Information Service 1 $160,300.00
Deputy Assistant Secretary Security & Law Enforcement 1 $130,666.00
Office of Workers' Compensation Programs 1 $160,300.00
Lyndon B. Johnson Space Center 1 $175,600.00
Food Safety and Inspection Service 1 $183,376.00
Pretrial Services Agency 1 $160,300.00
Office of the Chief Information Officer (Department of Agriculture) 1 $104,238.00
Office of the Inspector General (Department of Agriculture) 1 $157,971.00
National Gallery of Art 1 $122,890.00
National Protection and Programs Directorate 1 $157,971.00
Office of Inspector General (Department of Housing and Urban Development) 1 $149,432.00
Federal Financial Institutions Examination Council 1 $119,776.00
National Institute of Standards and Technology 1 $172,861.00
Office of the Chief Financial Officer (General Services Administration) 1 $154,000.00

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
SL - Senior Level Positions 3
NB - Ofc Of Comptroller Of The Currency Only 3
AD - Administratively Determined Rates, Not E 3
CN - Bur Of (cfpb) An Indep Ag Within Frs 3
CU - Credit Union Employees 2
SS - Senior Staff Positions 2
GE - Gpo Emp Formerly Under Pay Plan Sl 2
NQ - Nnsa Professional, Technical, And Admin 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: $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/2016