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Financial Manager - Federal Salaries of 2017

Pay Rates for "Financial Manager"

How much does a Financial Manager in the federal government get paid? $134,670.97* *Based on the 2017 average.
667 EMPLOYEES
$89.42M TOTAL SALARY
GS MOST COMMON PAYSCALE

Financial Manager was the 205th most popular job in the U.S. Government in 2017, with 667 employed. The most common payscale was the general schedule payscale.

In 2017, the Veterans Health Administration hired the most employees titled Financial Management, with an average salary of $113,015.

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 240 $113,015.30
U.S. Agency for International Development 106 $127,206.83
Department of Energy 15 $149,553.13
Deputy Assistant Secretary for Finance 14 $139,404.79
Offices, Boards and Divisions 13 $153,665.54
Indian Health Service 10 $111,485.20
Environmental Protection Agency 9 $152,908.67
Departmental Offices 9 $143,941.33
Veterans Benefits Administration 9 $138,382.56
Bureau of Prisons/Federal Prison System 8 $129,948.25
Federal Housing Finance Agency 7 $157,410.86
George C. Marshall Space Flight Center 7 $148,203.00
Animal and Plant Health Inspection Service 6 $126,217.17
Department of State 6 $164,311.67
U.S. Mint 6 $50,235.50
Internal Revenue Service 6 $178,910.83
Department of Homeland Security Headquarters 6 $165,254.83
Federal Emergency Management Agency 5 $138,503.20
Bureau of Reclamation 5 $121,416.60
Ames Research Center 5 $163,797.40
National Park Service 4 $136,707.25
Headquarters, Nasa 4 $137,942.50
National Credit Union Administration 4 $231,795.75
Immediate Office of Assistant Secretary for Information and Technology 4 $160,772.50
Deputy Assistant Secretary for Acquisition and Logistics 4 $132,858.00
Office of the Secretary of the Interior 3 $180,723.67
National Institutes of Health 3 $175,910.00
Centers for Medicare & Medicaid Services 3 $195,211.67
Federal Highway Administration 3 $103,576.00
Office of Comptroller of Currency 3 $213,778.33
Food and Nutrition Service 3 $154,790.67
Office of the Secretary (Department of Commerce) 3 $186,366.67
Rural Housing Service 2 $176,804.50
National Institute of Standards and Technology 2 $169,109.00
National Telecommunications and Information Administration 2 $160,627.00
Patent and Trademark Office 2 $184,350.50
U.S. Marshals Service 2 $173,846.50
National Protection and Programs Directorate 2 $174,450.00
Immigration and Customs Enforcement 2 $166,230.50
Citizenship and Immigration Services 2 $173,176.00
U.S. Secret Service 2 $178,166.50
Assistant Secretary for Housing-Federal Housing Commissioner 2 $167,659.00
Office of the Chief Financial Officer (Department of Housing and Urban Development) 2 $183,739.00
U.S. Fish and Wildlife Service 2 $133,004.50
Indian Affairs 2 $99,424.00
Government Printing Office 2 $170,305.50
John C. Stennis Space Center 2 $171,338.50
Dryden Flight Research Center 2 $164,867.00
Langley Research Center 2 $152,653.00
Goddard Space Flight Center 2 $152,179.00
John Glenn Research Center at Lewis Field 2 $169,370.00
National Archives and Records Administration 2 $161,592.00
Office of Personnel Management 2 $183,250.00
National Transportation Safety Board 2 $173,814.50
Office of Secretary of Transportation 2 $140,620.00
Office of Inspector General (Department of Transportation) 2 $141,796.00
Bureau of the Fiscal Service 2 $140,145.00
Bureau of Engraving and Printing 2 $172,184.00
Immediate Office of the Assistant Secretary for Management 2 $181,665.00
Deputy Assistant Secretary for Information and Technology 2 $112,463.00
Alcohol, Tobacco, Firearms, & Explosives 2 $158,815.00
Drug Enforcement Administration 2 $198,956.50
Export-Import Bank of the United States 2 $174,710.00
Bureau of Consumer Financial Protection 2 $0.00
Federal Trade Commission 2 $172,175.00
Program Support Center 2 $175,700.00
Food and Drug Administration 2 $184,440.50
Occupational Safety and Health Administration 1 $158,123.00
Mine Safety and Health Administration 1 $154,429.00
Bureau of Labor Statistics 1 $166,900.00
Office of the Chief Financial Officer (Department of Labor) 1 $187,000.00
Federal Energy Regulatory Commission 1 $181,000.00
Equal Employment Opportunity Commission 1 $175,965.00
Morris K. Udall & Stewart L. Udall Foundation 1 $76,897.00
Federal Communications Commission 1 $169,000.00
Federal Financial Institutions Examination Council 1 $123,223.00
Federal Mediation and Conciliation Service 1 $172,100.00
Office of the Director 1 $182,687.00
Pretrial Services Agency 1 $161,900.00
Office of Special Counsel 1 $161,900.00
Presidio Trust 1 $199,095.00
Election Assistance Commission 1 $151,616.00
Office of the Chief Financial Officer (General Services Administration) 1 $158,312.00
Substance Abuse & Mental Health Service Administration 1 $172,506.00
Centers for Disease Control and Prevention 1 $187,000.00
Health Resources and Services Administration 1 $174,927.00
Office Secretary Health and Human Services 1 $187,000.00
Nuclear Regulatory Commission 1 $187,000.00
Office of Navajo and Hopi Indian Relocation 1 $131,833.00
Securities and Exchange Commission 1 $205,458.00
Consumer Product Safety Commission 1 $187,000.00
National Gallery of Art 1 $134,501.00
Woodrow Wilson International Center for Scholars 1 $149,337.00
Smithsonian Institution (Exchange Sep Boards of Trust) 1 $134,426.00
Selective Service System 1 $154,337.00
U.S. International Trade Commission 1 $173,321.00
Surface Transportation Board 1 $131,767.00
Federal Railroad Administration 1 $182,789.00
Pipeline/Hazardous Materials Safety Administration 1 $184,100.00
St. Lawrence Seaway Development Corporation 1 $131,214.00
Maritime Administration 1 $161,900.00
National Highway Traffic Safety Administration 1 $131,767.00
Office of the U.S. Trade Representative 1 $161,900.00
Office of Inspector General for Tax Administration 1 $154,930.00
Financial Crimes Enforcement Network 1 $161,900.00
Alcohol and Tobacco Tax and Trade Bureau 1 $161,900.00
Director for Resource Management 1 $141,894.00
Deputy Assistant Secretary Security & Law Enforcement 1 $60,210.00
National Cemetery Administration 1 $174,764.00
Customs and Border Protection 1 $163,900.00
Federal Law Enforcement Training Centers 1 $165,195.00
Government National Mortgage Association 1 $165,000.00
Office of Inspector General (Department of Housing and Urban Development) 1 $158,123.00
Assistant Secretary for Public and Indian Housing 1 $158,901.00
International-American Foundation 1 $124,723.00
U.S. Tax Court 1 $158,123.00
Federal Maritime Commission 1 $136,160.00
National Labor Relations Board 1 $187,000.00
John F. Kennedy Space Center 1 $177,400.00
American Battle Monuments Commission 1 $158,123.00
Office of the Secretary of Agriculture 1 $170,358.00
Food Safety and Inspection Service 1 $187,000.00
Office of the Chief Financial Officer (Department of Agriculture) 1 $161,900.00
Natural Resources Conservation Service 1 $172,062.00
Agricultural Research Service 1 $187,000.00
Agricultural Marketing Service 1 $140,552.00
Office of the Chief Information Officer (Department of Agriculture) 1 $108,668.00
Office of the Inspector General (Department of Commerce) 1 $153,730.00
National Oceanic and Atmospheric Administration 1 $164,900.00
Commodity Futures Trading Commission 1 $233,115.00
Office of the Inspector General (Department of Justice) 1 $144,945.00

Financial Manager Pay Distribution

The average pay for a Financial Manager is $134,670.97. The highest paid Financial Manager made $280,500 in 2017.

Common Financial Manager Payscales

Payscale Number of Financial Management Employees
GS - General Schedule 423
ES - Senior Executive Service 111
FO - Foreign Service Officers 75
FP - Foreign Service Personnel 20
EL - Non-executive Positions At Fhfa 7
FE - Senior Foreign Service 5
ZA - Administrative 3
SL - Senior Level Positions 3
NB - Ofc Of Comptroller Of The Currency Only 3
AD - Administratively Determined Rates, Not E 3
CU - Credit Union Employees 2
GE - Gpo Emp Formerly Under Pay Plan Sl 2
CN - Bur Of (cfpb) An Indep Ag Within Frs 2
NQ - Nnsa Professional, Technical, And Admin 2
SS - Senior Staff Positions 2
EJ - Dept Of Energy Org Act Excepted Service 1
SK - Sec Emp Formerly Under Gs, Gm, And Ez 1
CT - Commodity Futures Trading Commission Pos 1
GM - Emp Covered By Pmrs Termination Provisns 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/2017