How much does a Finance Manager make in Detroit, MI?
In Detroit, MI, a Finance Manager can expect to earn a competitive salary. This role is vital in guiding businesses toward financial success. The average yearly salary for a Finance Manager in Detroit stands at around $134,862. This figure represents the midpoint of the income range, which reflects the skill and experience levels of professionals in this field.
Finance Managers in Detroit can earn anywhere from about $59,888 to over $200,000 annually. The salary can vary based on several factors, including experience, specific industry, and company size. A breakdown of the salary distribution shows that a significant number of Finance Managers earn between $85,362 and $161,788 per year. This range highlights the potential for career growth and advancement in the field. Higher earners often possess advanced degrees or additional certifications, enhancing their marketability and earning potential.
What are the highest paying cities for a Finance Manager near Detroit, MI?
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Farmington Hills, MI
Average Salary: $135,018
In Farmington Hills, leading financial firms thrive. Opportunities abound with companies like Quicken Loans and DTE Energy. The city offers a competitive salary and a dynamic work environment.
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Flint, MI
Average Salary: $135,000
Flint, known for its automotive roots, provides a solid ground for finance professionals. Companies like General Motors offer challenging roles. The city’s economy supports a healthy job market.
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Southfield, MI
Average Salary: $115,956
Southfield, a financial hub, boasts numerous opportunities. With institutions like Quicken Loans and PricewaterhouseCoopers, the city supports career growth. A solid compensation package is common here.
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Troy, MI
Average Salary: $115,938
Troy offers a blend of suburban charm and corporate presence. Firms such as IBM and Kettering University provide robust finance roles. The city’s economic environment is favorable for finance careers.
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Cleveland, OH
Average Salary: $115,720
Cleveland stands out with its diverse job market. Key employers like KeyCorp and Progressive offer many opportunities. The city’s financial sector is strong, supporting various career paths.
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Grand Rapids, MI
Average Salary: $115,696
Grand Rapids is a growing financial center. Companies such as Amway and Spectrum Health create many positions. The city’s economic landscape is vibrant, supporting career advancement.
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Sterling Heights, MI
Average Salary: $110,960
Sterling Heights offers diverse finance roles. With firms like Macomb Community College and McLaren Health Care, it’s a hub for financial opportunities. The city provides a supportive work environment.
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Dearborn, MI
Average Salary: $106,915
Dearborn’s economy is driven by automotive and finance sectors. Ford Motor Company and other local firms offer numerous positions. It’s an excellent place for finance professionals to thrive.
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Novi, MI
Average Salary: $106,222
Novi, known for its business-friendly environment, attracts many finance companies. With organizations like Farmers Insurance and TCF Bank, it’s an ideal place for finance careers. The city supports professional growth.
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Toledo, OH
Average Salary: $102,613
Toledo, with its strategic location, offers numerous finance opportunities. Companies like ProMedica and Owens-Illinois provide various roles. The city’s economy fosters a thriving finance sector.
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What are the best paying companies for a Finance Manager in Detroit, MI?
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Deloitte
Average Salary: $181,478
Deloitte offers exciting Finance Manager positions in Detroit. They focus on providing top-notch services in audit, tax, consulting, and financial advisory. Deloitte operates globally, including in Detroit, with a strong presence.
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PwC
Average Salary: $171,913
PwC is another top employer for Finance Managers in Detroit. They seek candidates with strong analytical skills and a knack for problem-solving. PwC's Detroit office is part of a worldwide network, offering diverse career opportunities.
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The Salvation Army
Average Salary: $70,000
The Salvation Army offers Finance Manager roles in Detroit, emphasizing a mission-driven approach. They support communities across the city and beyond. Working here means contributing to a larger cause while developing your financial skills.
What are the best paying Finance Manager related jobs in Detroit, MI?
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Finance Director
Average Salary: $194,500
They oversee the company's financial health. Working with top executives, they shape financial strategies. Many roles are in automotive firms and banks in Detroit.
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Investment Manager
Average Salary: $182,950
They manage company investments. They assess market trends and company goals. Investment managers find roles in financial institutions and large corporations in Detroit.
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Credit Manager
Average Salary: $158,470
They ensure customers and clients pay on time. They set credit policies and review credit applications. Many credit managers work in banks and financial firms in Detroit.
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Vice President
Average Salary: $155,000
They handle high-level financial decisions. They work closely with the executive team. VPs often find positions in large companies and financial institutions in Detroit.
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School Treasurer
Average Salary: $134,891
They manage the school's budget. They ensure funds are used effectively. School treasurers work in educational institutions across Detroit.
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Payroll Manager
Average Salary: $121,414
They handle employee pay and benefits. They ensure accuracy and timeliness. Payroll managers find roles in businesses and organizations in Detroit.
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Portfolio Manager
Average Salary: $116,072
They manage investment portfolios. They aim to grow assets while managing risks. Many portfolio managers work in banks and investment firms in Detroit.
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Controller
Average Salary: $112,022
They oversee accounting functions. They prepare financial reports and budgets. Many controllers work in large companies and corporations in Detroit.
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Financial Planning Manager
Average Salary: $105,333
They help individuals and businesses plan for the future. They analyze financial data and provide advice. Many roles are in financial advisory firms in Detroit.
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Quantitative Analyst
Average Salary: $103,873
They use math and statistics to solve financial problems. They analyze data and build models. Many roles are in banks and investment firms in Detroit.
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