How much does a Finance Manager make in Detroit, MI?
Finance Managers in Detroit, MI, have a variety of salary options based on experience and skills. On average, these professionals earn about $133,779 per year. This average salary reflects a solid income for those in this role.
Here are some details about salaries for different experience levels:
- The lowest 10% earn about $59,888 annually.
- The middle 50% make between $72,625 and $161,788 per year.
- The top 10% can earn up to $200,000 or more annually.
These numbers show that experience and expertise can lead to higher salaries. Job seekers should focus on gaining experience and improving their skills to advance in their careers.
What are the highest paying cities for a Finance Manager near Detroit, MI?

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Farmington Hills, MI
Average Salary: $140,018
Finance leaders in Farmington Hills often work for large corporations in the automotive and tech sectors. These roles demand strong analytical skills and experience in budget management. Well-known companies in the area offer growth opportunities and a collaborative work environment.
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Flint, MI
Average Salary: $135,000
In Flint, financial roles focus on manufacturing and small businesses. Professionals here manage finances for companies with a strong legacy. The role requires a mix of traditional accounting and modern financial planning to navigate the evolving market.
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Novi, MI
Average Salary: $117,712
Novi hosts many finance managers in the healthcare and technology sectors. These positions require expertise in financial planning and risk management. The area attracts companies that value strategic financial oversight and innovation.
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Troy, MI
Average Salary: $117,625
Troy offers finance managers a chance to work with well-established companies in various industries. Roles here focus on strategic financial planning and operational efficiency. The dynamic business environment provides ample opportunities for career advancement.
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Cleveland, OH
Average Salary: $116,787
Cleveland's finance managers play a key role in both corporate and non-profit sectors. The city's diverse economy offers varied challenges and opportunities. Professionals here are expected to have a solid grasp of both local and national financial trends.
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Southfield, MI
Average Salary: $114,904
Southfield is home to numerous finance managers in the automotive and financial services sectors. These roles require a keen understanding of financial markets and regulatory compliance. The area offers a mix of established firms and startups, providing a vibrant job market.
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Sterling Heights, MI
Average Salary: $110,960
In Sterling Heights, finance managers often work in the manufacturing and logistics sectors. These roles emphasize cost management and efficiency. The area's business community values professionals who can drive financial success through strategic planning.
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Grand Rapids, MI
Average Salary: $110,890
Grand Rapids offers finance managers a mix of roles in manufacturing, education, and healthcare. The city's growing tech sector presents new opportunities for financial innovation. Professionals here must balance traditional finance practices with modern technology.
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Dearborn, MI
Average Salary: $106,915
Dearborn is known for its automotive industry, offering finance managers roles that focus on financial reporting and analysis. The city's strong manufacturing base provides a stable environment for financial professionals. Opportunities exist for those with expertise in budget management and strategic planning.
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Livonia, MI
Average Salary: $104,245
Livonia provides a variety of finance management roles across different sectors, including retail and healthcare. Professionals here manage finances for both small businesses and large corporations. The area values leaders who can navigate complex financial landscapes with ease.
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What are the best paying companies for a Finance Manager in Detroit, MI?

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Deloitte
Average Salary: $181,138
Deloitte offers competitive salaries for Finance Managers in Detroit, MI. They work to improve financial performance and provide strategic guidance. Deloitte operates in many locations, including New York, London, and Sydney.
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PwC
Average Salary: $172,829
PwC is another top choice for Finance Managers in Detroit, MI. They focus on financial advisory and assurance services. The company has a global presence with offices in Chicago, San Francisco, and Tokyo.
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The Salvation Army
Average Salary: $70,000
The Salvation Army provides rewarding roles for Finance Managers in Detroit, MI. They focus on community support and social services. This organization operates in many cities across the U.S., including Los Angeles and Miami.
What are the best paying Finance Manager related jobs in Detroit, MI?

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Finance Director
Average Salary: $220,900
This role oversees the financial operations of a company, ensuring efficient use of resources. Key responsibilities include budgeting, reporting, and strategy development. Companies like General Motors and Ford Motor Company offer opportunities in the Motor City.
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Investment Manager
Average Salary: $173,683
Professionals manage portfolios to achieve client investment goals. They analyze market trends and make strategic decisions. In Detroit, firms like T. Rowe Price and Fidelity Investments provide career growth in investment management.
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Credit Manager
Average Salary: $158,470
This role involves assessing and managing credit risks for businesses. They ensure customers can meet their payment obligations. Opportunities exist at local banks such as Fifth Third Bank and Comerica Bank.
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Vice President
Average Salary: $147,500
This executive position requires leadership and strategic decision-making. They oversee company operations and ensure financial success. Detroit’s business landscape includes roles at companies like Quicken Loans and Rocket Mortgage.
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School Treasurer
Average Salary: $131,483
Responsible for managing school budgets and financial records. They ensure proper allocation of resources for educational needs. Detroit Public Schools Community District offers roles for those interested in education finance.
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Payroll Manager
Average Salary: $122,431
Manages employee payroll systems and ensures timely, accurate compensation. Professionals handle employee records and compliance. Opportunities exist with local organizations such as Henry Ford Health System and St. John Health.
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Compliance Manager
Average Salary: $117,010
Ensures the company adheres to financial regulations and standards. They conduct audits and implement compliance programs. Local businesses like DTE Energy and McLaren Health Care offer roles in this field.
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Portfolio Manager
Average Salary: $116,072
Manages investment portfolios to achieve specific financial goals. They analyze market data and make investment decisions. Positions are available at firms like Guardian Investment and BlackRock in Detroit.
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Controller
Average Salary: $111,148
Oversees accounting and financial reporting. They ensure financial records are accurate and comply with regulations. Detroit offers roles at companies like Blue Cross Blue Shield of Michigan and Ally Financial.
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Quantitative Analyst
Average Salary: $105,122
Uses statistical methods to analyze financial data. They develop models to support investment decisions. Opportunities exist in firms like JPMorgan Chase and Goldman Sachs in the city.
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