Management
Financial Managers
Also called: Accounting Supervisor, Banking Center Manager (BCM), Branch Manager, Business Banking Manager
US median pay
$166,570
per year, 2025
Job growth 2025–35
+9.7%
faster than average
Openings a year (US)
65,600
879,700 employed
Typical entry education
Bachelor's degree
Preparation 4/5 · Considerable preparation
What this job is
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
What they do day to day
- Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
- Oversee the flow of cash or financial instruments.
- Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
- Recruit staff members.
- Evaluate data pertaining to costs to plan budgets.
- Oversee training programs.
- Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.
- Communicate with stockholders or other investors to provide information or to raise capital.
- Develop or analyze information to assess the current or future financial status of firms.
- Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.
Skills and knowledge that matter most
Skills
- Time Management3.6/5
- Social Perceptiveness3.6/5
- Service Orientation3.6/5
- Management of Personnel Resources3.6/5
- Judgment and Decision Making3.6/5
- Coordination3.6/5
- Complex Problem Solving3.6/5
- Persuasion3.4/5
Knowledge
- Customer and Personal Service4.7/5
- Administration and Management4.3/5
- Economics and Accounting4.1/5
- Mathematics3.7/5
- Administrative3.7/5
- Law and Government3.6/5
Importance rated by people working in the job (1 = not important, 5 = extremely important).
Education and preparation
Preparation level 4 of 5 — Considerable preparation. Usually a bachelor's degree and several years of related experience.
Typical entry education (BLS): Bachelor's degree, plus 5 years or more of related work experience.
Highest education of people in this job:
- Bachelor's degree56%
- Post-baccalaureate certificate21%
- High school diploma14%
Who this job suits
Mostly Enterprising
Leading, persuading and starting things
Conventional
Organising data, details and procedures
Social
Helping, teaching and caring for people
Based on the Holland (RIASEC) interest profile for this occupation.