How much does a Finance Manager make in Boston, MA?
The role of a Finance Manager in Boston, MA offers a competitive salary that reflects the city's bustling economic environment. On average, a Finance Manager can expect to earn about $125,947 per year. This figure can vary based on experience, industry, and specific company. High-performing managers often see their earnings rise significantly, with top earners reaching up to $201,500 annually.
Factors affecting salary include the size of the company, sector of the economy, and the individual's level of expertise. For instance, those working in finance-heavy industries, like banking and insurance, tend to earn more. Experience also plays a crucial role. Entry-level managers might start at the lower end of the scale, but with time and skill development, they can advance to higher positions and salaries. Having a strong background in financial analysis, strategic planning, and risk management can also boost earning potential.
What are the highest paying cities for a Finance Manager near Boston, MA?

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Quincy, MA
Average Salary: $182,525
In Quincy, finance experts thrive in a hub of local businesses and tech firms. They manage budgets and investments, ensuring the company's financial health and compliance with regulations.
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Newton, MA
Average Salary: $135,540
Newton offers a dynamic environment for financial professionals. They work with a variety of organizations, from startups to established enterprises, focusing on financial planning and analysis.
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Cambridge, MA
Average Salary: $118,147
Cambridge is known for its educational institutions and research centers, providing a unique setting for finance managers. They oversee financial operations, often collaborating with academic entities.
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Charlestown, MA
Average Salary: $117,201
Charlestown, with its historic charm, is home to many finance firms. Professionals here are involved in strategic financial planning, working with both local businesses and larger corporations.
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Waltham, MA
Average Salary: $99,900
Waltham attracts finance talent with its thriving tech industry. Managers here manage financial strategies and budgets, playing a crucial role in the company's growth and stability.
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Somerville, MA
Average Salary: $85,566
Somerville offers a vibrant atmosphere for finance professionals. They work in diverse industries, ensuring financial decisions align with business goals and regulatory standards.
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What are the best paying companies for a Finance Manager in Boston, MA?

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Rsm
Average Salary: $182,233
Rsm offers Finance Manager jobs in Boston, MA, with a focus on audit, tax, and consulting services. Rsm operates in many U.S. cities and internationally.
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Deloitte
Average Salary: $174,590
Deloitte provides Finance Manager positions in Boston, MA, with a global presence. Deloitte specializes in audit, consulting, financial advisory, and tax services.
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PwC
Average Salary: $169,760
PwC seeks Finance Managers in Boston, MA, for its international network. PwC offers audit, assurance, consulting, and deal advisory services.
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KPMG
Average Salary: $157,490
KPMG hires Finance Managers in Boston, MA, with global reach. KPMG provides audit, tax, and advisory services.
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Hasbro, Inc.
Average Salary: $150,050
Hasbro, Inc. offers Finance Manager jobs in Boston, MA. It is a leading toy and entertainment company with a presence in many countries.
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MassMutual
Average Salary: $145,500
MassMutual provides Finance Manager positions in Boston, MA. It is a leading life insurance company with a strong presence in the U.S.
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Bain Capital
Average Salary: $137,500
Bain Capital offers Finance Manager jobs in Boston, MA. It is a global investment firm with expertise in private equity, venture capital, and credit.
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TD Bank
Average Salary: $135,287
TD Bank hires Finance Managers in Boston, MA. It is a major U.S. bank with operations in Canada and the U.S.
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Selby Jennings
Average Salary: $133,333
Selby Jennings offers Finance Manager positions in Boston, MA. It specializes in investment banking and capital markets.
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Beth Israel Lahey Health
Average Salary: $118,531
Beth Israel Lahey Health provides Finance Manager jobs in Boston, MA. It is a healthcare organization with several hospitals and facilities in the region.
What are the best paying Finance Manager related jobs in Boston, MA?

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Vice President, Fixed Income
Average Salary: $207,500
A top-level position focused on managing the firm's fixed income assets. In Boston, this role often involves working with leading financial institutions to maximize returns. The work is challenging but offers significant rewards and career growth.
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Financial Engineer
Average Salary: $172,500
This role applies complex mathematical models to solve financial problems. In Boston, these positions are often found in firms that value data-driven decision-making. Candidates must be comfortable with both quantitative analysis and financial theory.
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Finance Director
Average Salary: $168,499
A leadership role responsible for overseeing all financial activities. In Boston, this job often includes budgeting, financial planning, and reporting to the executive team. Success in this role requires strong communication skills and a deep understanding of finance.
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Fixed Income Trading Vice President
Average Salary: $165,938
This position focuses on trading fixed income securities like bonds. In Boston, it involves working with major financial companies to buy and sell these assets. The job demands quick decision-making and a solid grasp of market trends.
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Compliance Manager
Average Salary: $156,793
Ensuring that all financial activities adhere to regulations is key in this role. In Boston, compliance managers often work for large firms where regulatory requirements are strict. The job involves continuous monitoring and risk assessment.
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Portfolio Manager
Average Salary: $153,098
Managing investment portfolios for clients is a primary task. In Boston, this role often involves working with wealth management firms. The job requires a strong understanding of investment strategies and market analysis.
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Vice President
Average Salary: $143,802
A high-ranking role that oversees various departments. In Boston, this can involve financial oversight, strategic planning, and leadership. Candidates must excel in management and have a proven track record in finance.
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Financial Planning Manager
Average Salary: $136,176
This role involves creating and managing financial plans for clients. In Boston, it often requires working with individuals and businesses to achieve their financial goals. Success comes from strong analytical skills and attention to detail.
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Investment Manager
Average Salary: $134,947
Responsible for managing investment portfolios and making strategic decisions. In Boston, this role is critical in firms that focus on asset management. Candidates must be adept at market analysis and risk management.
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Trust Officer
Average Salary: $134,010
Managing trusts and ensuring compliance with legal requirements are key tasks. In Boston, trust officers often work for financial institutions that handle significant assets. The role requires meticulous attention to detail and strong interpersonal skills.
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