How much does a Finance Manager make in Detroit, MI?
A Finance Manager in Detroit, MI, earns a good salary. The average yearly salary for this role is around $139,437. This range helps many professionals provide well for themselves and their families. It also allows them to plan for the future and make important life decisions.
Finance Managers in Detroit can earn anywhere from $65,000 to over $225,000 annually. Here is a breakdown of the salary range:
- 10% earn $65,000 or less
- 20% earn between $65,000 and $94,255
- 30% earn between $94,255 and $123,509
- 40% earn between $123,509 and $152,764
- 50% earn between $152,764 and $182,018
- 60% earn between $182,018 and $211,273
- 70% earn between $211,273 and $225,900
This variety shows that experience and skills play a big role in determining salary. Job seekers should aim to build their expertise to increase their earning potential.
What are the highest paying cities for a Finance Manager near Detroit, MI?

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Novi, MI
Average Salary: $206,404
Novi is known for its strong economy and thriving business environment. Many companies are looking for finance professionals to help manage budgets and ensure financial success. Working in Novi offers excellent career growth opportunities and a collaborative work culture.
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Farmington Hills, MI
Average Salary: $133,355
Farmington Hills has a dynamic business scene with many established firms. Professionals in finance play a key role in driving the financial health of these companies. Opportunities here often include working with well-known businesses, providing a solid career foundation.
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Grand Rapids, MI
Average Salary: $128,235
In Grand Rapids, finance managers often work with companies in manufacturing and healthcare. The city offers a mix of big firms and startups. Professionals here enjoy a variety of financial challenges and the chance to work with innovative businesses.
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Southfield, MI
Average Salary: $126,397
Southfield is home to many large corporations and financial institutions. It's an excellent place for finance managers to find stability and growth. Working here often involves managing complex financial strategies for major organizations.
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Cleveland, OH
Average Salary: $125,008
Cleveland's business environment is rich with opportunities for finance professionals. The city's industries range from healthcare to finance itself. It offers a chance to work with a diverse set of companies and gain valuable experience.
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Livonia, MI
Average Salary: $124,167
Livonia provides a great setting for finance managers to work with a variety of local businesses. The community supports growth and learning. Here, professionals can build strong networks and develop their career in a supportive environment.
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Dearborn, MI
Average Salary: $122,394
Dearborn has a robust business culture, with many companies in the automotive and manufacturing sectors. Finance managers here often work on improving operational efficiency and managing budgets. The city offers a mix of challenges and growth opportunities.
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Toledo, OH
Average Salary: $119,517
Toledo offers a mix of traditional and emerging industries for finance managers. The city's focus on manufacturing and logistics provides a unique work environment. Professionals here can expect to handle a variety of financial tasks and contribute to their companies' success.
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Troy, MI
Average Salary: $118,985
Troy is known for its high concentration of corporate headquarters. Finance managers in this area often work with major companies across various industries. The city offers a dynamic work environment and plenty of opportunities for advancement.
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Flint, MI
Average Salary: $117,066
Flint is a hub for manufacturing and innovation. Finance managers here work with companies that focus on advanced technologies. The city provides a challenging yet rewarding work environment, with opportunities for professional development.
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What are the best paying companies for a Finance Manager in Detroit, MI?

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Deloitte
Average Salary: $194,783
Deloitte offers exciting opportunities for Finance Managers in Detroit, MI. At Deloitte, Finance Managers oversee financial planning, reporting, and analysis. The company has multiple offices across Detroit, providing a dynamic work environment. Deloitte emphasizes professional growth and offers competitive salaries.
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PwC
Average Salary: $172,757
PwC provides rewarding career paths for Finance Managers in Detroit, MI. Working at PwC, Finance Managers handle budgeting, forecasting, and financial strategy. The company's offices are spread across Detroit, allowing for diverse experiences. PwC values skilled professionals and offers a strong compensation package.
What are the best paying Finance Manager related jobs in Detroit, MI?

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Investment Manager
Average Salary: $194,729
An investment manager handles portfolios for clients, ensuring their investments grow. They work closely with financial analysts and advisors, often in large firms like Fidelity Investments or JPMorgan Chase. Experience in managing assets and understanding market trends is key.
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Vice President
Average Salary: $168,333
Vice Presidents often oversee large divisions within a company. They set strategy and lead teams to achieve business goals. In Detroit, VPs might work for General Motors or Ford, focusing on finance, marketing, or operations. This role requires strong leadership and decision-making skills.
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Finance Director
Average Salary: $162,869
A Finance Director oversees all financial operations within an organization. They develop budgets, analyze financial data, and ensure compliance with regulations. Companies like DTE Energy or Quicken Loans often seek experienced finance directors in Detroit. This role involves strategic planning and financial oversight.
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Payroll Manager
Average Salary: $135,590
Payroll managers handle employee compensation, ensuring accurate and timely payroll processing. They work with HR and accounting departments to manage salaries and benefits. In Detroit, this role is vital for companies like Magna International or Fiat Chrysler. It requires attention to detail and strong organizational skills.
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Payroll Coordinator
Average Salary: $120,061
Payroll coordinators assist in preparing and processing employee paychecks. They ensure all payroll information is accurate and timely. This role often involves working in teams within larger organizations. Companies such as General Motors or Ford often need payroll coordinators in Detroit to handle their workforce.
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Portfolio Manager
Average Salary: $117,593
Portfolio managers oversee investment portfolios for individuals or institutions. They aim to achieve financial goals by selecting and managing investments. In Detroit, they might work for firms like T. Rowe Price or Fifth Third Bank. This role requires a deep understanding of financial markets and investment strategies.
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Banking Officer
Average Salary: $116,875
Banking officers help customers with their financial needs. They provide advice on loans, accounts, and financial services. In Detroit, this role is common in banks like Comerica Bank or Huntington Bank. It involves customer service and understanding financial products.
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Financial Planning Manager
Average Salary: $115,000
Financial planning managers help clients create and manage their financial plans. They assess clients' financial situations and recommend strategies. Companies like Edward Jones or Ameriprise Financial in Detroit often seek experienced financial planners. This role requires strong communication and analytical skills.
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Controller
Average Salary: $113,565
Controllers manage a company's financial records and reports. They ensure accuracy in financial statements and compliance with regulations. In Detroit, this role is essential for automotive companies like Ford or General Motors. Controllers must be detail-oriented and skilled in accounting.
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Accounting Supervisor
Average Salary: $111,000
Accounting supervisors oversee daily accounting operations. They ensure accuracy in financial records and reports. In Detroit, this role is important for businesses like Quicken Loans or DTE Energy. Supervisors need strong leadership and accounting skills to manage their teams effectively.
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