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Financial Manager - Federal Salaries of 2019

Pay Rates for "Financial Manager"

How much does a Financial Manager in the federal government get paid? $139,880.12* *Based on the 2019 average.
664 EMPLOYEES
$91.34M TOTAL SALARY
GS MOST COMMON PAYSCALE

Financial Manager was the 180th most popular job in the U.S. Government in 2019, with 664 employed. The most common payscale was the general schedule payscale.

In 2019, the Veterans Health Administration hired the most employees titled Financial Management, with an average salary of $118,418.

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 239 $118,418.33
U.S. Agency for International Development 105 $132,121.83
Deputy Assistant Secretary for Finance 21 $143,522.24
Department of Energy 13 $154,402.64
Indian Health Service 13 $111,833.85
Veterans Benefits Administration 12 $146,673.83
Bureau of Prisons/Federal Prison System 10 $136,234.90
Offices, Boards and Divisions 10 $159,692.80
Environmental Protection Agency 9 $150,553.00
Department of State 8 $165,571.00
Federal Housing Finance Agency 7 $165,135.43
Departmental Offices 7 $153,072.43
Internal Revenue Service 6 $185,235.17
Department of Homeland Security Headquarters 6 $172,351.17
U.S. Mint 6 $153,507.50
George C. Marshall Space Flight Center 5 $145,724.00
Bureau of Reclamation 5 $128,387.80
Ames Research Center 5 $165,926.80
Deputy Assistant Secretary for Acquisition and Logistics 4 $140,058.00
Office of the Chief Financial Officer (Department of Housing and Urban Development) 4 $183,513.75
National Park Service 4 $142,810.75
Customs and Border Protection 4 $183,319.00
Headquarters, Nasa 4 $144,821.25
Animal and Plant Health Inspection Service 4 $139,265.75
National Institutes of Health 4 $179,129.25
Immediate Office of Assistant Secretary for Information and Technology 4 $163,277.75
U.S. Coast Guard 3 $144,200.33
Office of Comptroller of Currency 3 $226,807.00
Immigration and Customs Enforcement 3 $177,629.50
Patent and Trademark Office 3 $186,266.67
Federal Highway Administration 3 $110,721.67
Federal Emergency Management Agency 3 $166,819.67
U.S. Secret Service 3 $175,158.67
Office of Secretary of Transportation 3 $155,385.33
Alcohol, Tobacco, Firearms, & Explosives 2 $165,958.50
Bureau of the Fiscal Service 2 $149,096.50
Office of Inspector General (Department of Transportation) 2 $146,144.00
National Telecommunications and Information Administration 2 $170,020.50
National Institute of Standards and Technology 2 $179,056.50
Food and Nutrition Service 2 $178,858.50
National Credit Union Administration 2 $0.00
Agricultural Marketing Service 2 $139,584.00
Office of the Secretary of the Interior 2 $183,432.00
National Archives and Records Administration 2 $167,474.50
Centers for Medicare & Medicaid Services 2 $192,300.00
Office of Personnel Management 2 $188,450.00
Langley Research Center 2 $162,122.00
Food and Drug Administration 2 $192,080.00
U.S. Marshals Service 2 $179,400.00
Bureau of Engraving and Printing 2 $178,050.00
Bureau of Consumer Financial Protection 2 $236,166.50
Program Support Center 2 $179,400.00
Drug Enforcement Administration 2 $191,201.50
Peace Corps 2 $163,269.50
Federal Trade Commission 2 $176,950.00
National Oceanic and Atmospheric Administration 2 $158,467.50
Office of the Secretary (Department of Commerce) 2 $192,300.00
Office of the Chief Financial Officer (Department of Agriculture) 2 $179,093.50
Assistant Secretary for Housing-Federal Housing Commissioner 2 $168,209.00
Equal Employment Opportunity Commission 2 $168,114.00
Lyndon B. Johnson Space Center 1 $177,801.00
American Battle Monuments Commission 1 $165,417.00
National Labor Relations Board 1 $174,052.00
Financial Crimes Enforcement Network 1 $166,500.00
National Cemetery Administration 1 $185,700.00
Consumer Product Safety Commission 1 $192,300.00
Office of the Chief Information Officer (Department of Agriculture) 1 $116,232.00
Morris K. Udall & Stewart L. Udall Foundation 1 $85,075.00
Office of Navajo and Hopi Indian Relocation 1 $136,271.00
Indian Affairs 1 $69,140.00
International-American Foundation 1 $132,818.00
Dryden Flight Research Center 1 $163,496.00
Mine Safety and Health Administration 1 $147,038.00
Deputy Assistant Secretary for Information and Technology 1 $106,443.00
Presidio Trust 1 $207,139.00
Woodrow Wilson International Center for Scholars 1 $160,822.00
U.S. Tax Court 1 $165,417.00
U.S. Fish and Wildlife Service 1 $133,385.00
U.S. International Trade Commission 1 $179,263.00
National Gallery of Art 1 $136,725.00
Goddard Space Flight Center 1 $182,462.00
National Highway Traffic Safety Administration 1 $147,038.00
Nuclear Waste Technical Review Board 1 $105,782.00
Pretrial Services Agency 1 $166,500.00
Bureau of Labor Statistics 1 $166,500.00
Assistant Secretary for Public and Indian Housing 1 $162,900.00
National Transportation Safety Board 1 $191,188.00
Government National Mortgage Association 1 $174,052.00
Federal Maritime Commission 1 $147,038.00
Office Secretary Health and Human Services 1 $182,190.00
Citizenship and Immigration Services 1 $192,300.00
Government Printing Office 1 $176,850.00
Immediate Office of the Assistant Secretary for Management 1 $192,300.00
Federal Energy Regulatory Commission 1 $185,700.00
Alcohol and Tobacco Tax and Trade Bureau 1 $166,500.00
Director for Resource Management 1 $148,445.00
Substance Abuse & Mental Health Service Administration 1 $160,822.00
Election Assistance Commission 1 $99,171.00
Health Resources and Services Administration 1 $192,300.00
Pipeline/Hazardous Materials Safety Administration 1 $192,300.00
Commodity Futures Trading Commission 1 $246,900.00
Export-Import Bank of the United States 1 $179,520.00
National Protection and Programs Directorate 1 $192,300.00
St. Lawrence Seaway Development Corporation 1 $135,628.00
Food Safety and Inspection Service 1 $178,650.00
Centers for Disease Control and Prevention 1 $192,300.00
Nuclear Regulatory Commission 1 $192,300.00
Occupational Safety and Health Administration 1 $165,417.00
Office of the Chief Financial Officer (Department of Labor) 1 $192,300.00
Smithsonian Institution (Exchange Sep Boards of Trust) 1 $144,538.00
Securities and Exchange Commission 1 $212,478.00
National Technical Information Service 1 $160,822.00
Office of the Director 1 $192,300.00
Federal Railroad Administration 1 $192,300.00
Federal Financial Institutions Examination Council 1 $132,818.00
Federal Law Enforcement Training Centers 1 $182,127.00
John C. Stennis Space Center 1 $174,240.00
John F. Kennedy Space Center 1 $182,462.00
Office of the Inspector General (Department of Justice) 1 $156,228.00
Office of Special Counsel 1 $166,500.00
John Glenn Research Center at Lewis Field 1 $166,500.00
Rural Housing Service 1 $180,571.00
Selective Service System 1 $160,822.00
African Development Foundation 1 $147,038.00
Surface Transportation Board 1 $142,443.00
Agricultural Research Service 1 $192,300.00
Deputy Assistant Secretary Security & Law Enforcement 1 $88,704.00
Fpac Business Center 1 $179,680.00
Office of Inspector General (Department of Housing and Urban Development) 1 $165,417.00

Financial Manager Pay Distribution

The average pay for a Financial Manager is $139,880.12. The highest paid Financial Manager made $268,391 in 2019.

Common Financial Manager Payscales

Payscale Number of Financial Management Employees
GS - General Schedule 422
ES - Senior Executive Service 110
FO - Foreign Service Officers 82
FP - Foreign Service Personnel 14
EL - Non-executive Positions At The Federal Housing Finance Agency 7
FE - Senior Foreign Service 6
ZA - Administrative 4
NB - Office Of The Comptroller Of The Currency Only 3
AD - Administratively Determined Rates, Not Elsewhere Specified 3
NQ - Employees In The National Nuclear Secuirty Administration's Professional, Technical, And Admin Career Path 2
SS - Senior Staff Positions 2
CN - Bureau Of Consumer Financial Protect(cfpb) Independent Agcy Within The Fed Res Syst(use By Cfpb Only) 2
SL - Senior Level Positions 2
GE - U.s. Government Printing Office Employees Formerly Under Pay Plan Sl (senior Level Positions) 1
SK - Non-supervisorty Postions Employed By The Securities And Exchange Commission (sec) And Formerly Under Gs Pay 1
EJ - The Department Of Energy Organization Act Excepted Service 1
EX - Executive Pay 1
CT - Commodity Futures Trading Commission Positions Previously Defined Under Pay Plan Codes Ad, Es, Gm, And Gs 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/2019