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Financial Managers in Missouri

Financial Managers in Missouri

Want to work as a Financial Managers in Missouri? Here’s what you need to know. Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment. Excludes “Financial Risk Specialists” (13-2054).

What do Financial Managers Make in Missouri?

The financial managers working in Missouri, the median annual wage is $133,560 per year (or roughly $64.21/hour).Annual wages span from $77,590 at the 10th percentile to $234,660 at the 90th percentile.

Wage Statistic Annual Hourly
10th percentile $77,590 $37.31
25th percentile $101,760 $48.93
Median (50th) $133,560 $64.21
75th percentile $175,500 $84.37
90th percentile $234,660 $112.82
Salary ranges for Financial Managers in Missouri

Location quotient — how concentrated this career is in Missouri compared to the national average — is 0.82, suggesting fewer financial managers per worker than the national average.

National Wage Comparison

Nationally, financial managers earn a median of $75,665 per year ($36.38/hour), exceeding the Missouri median.

Financial Managers earnings in Missouri vs. the national average

Employment Outlook

There are roughly 133,707 financial managers across the United States. In Missouri alone, approximately 12,710 people work in this role. That’s higher than the typical state, which employs around 7,950 financial managers.

Financial Managers in Missouri vs. the average state Forecasted number of jobs for Financial Managers

Top Missouri Metros for Financial Managers

These are the Missouri metros with the most financial managers in Missouri.

Metro Area Number Employed Annual Median Salary
St. Louis, MO-IL 6,890 $140,240
Kansas City, MO-KS 4,610 $140,650
Springfield, MO 740 $123,380
Columbia, MO 650 $121,720
Jefferson City, MO 350 $106,000
Joplin, MO-KS 280 $121,790
Cape Girardeau, MO-IL 180 $123,850
St. Joseph, MO-KS 160 $125,770

Top States for Financial Managers Employment

View the states that employ the most financial managers work.

State Number Employed
California 96,860
Texas 67,580
New York 67,510
Illinois 53,400
Florida 47,710
New Jersey 32,370
Pennsylvania 31,750
Ohio 27,920
Massachusetts 27,690
Georgia 22,720
North Carolina 21,170
Virginia 20,590
Connecticut 20,200
Maryland 19,920
Michigan 19,690
Tennessee 18,650
Minnesota 16,520
Arizona 14,570
Washington 13,890
Wisconsin 13,750

Highest-Paying States for Financial Managers

These states pay the most for financial managers.

State Annual Median Salary
New York $215,740
New Jersey $188,750
District of Columbia $181,210
Massachusetts $181,170
Delaware $180,050
California $174,920
Colorado $174,840
Washington $171,300
Virginia $170,290
Connecticut $169,730

Skills

Top financial managers skills, rated on an importance scale of 0 to 5:

Active Listening  4.0 / 5
0
5
Critical Thinking  4.0 / 5
0
5
Reading Comprehension  4.0 / 5
0
5
Speaking  4.0 / 5
0
5
Monitoring  3.8 / 5
0
5
Writing  3.8 / 5
0
5

Knowledge Areas

Key knowledge areas for this occupation, rated on an importance scale of 0 to 5:

Customer and Personal Service  4.7 / 5
0
5
Administration and Management  4.3 / 5
0
5
Economics and Accounting  4.1 / 5
0
5
Mathematics  3.7 / 5
0
5
Administrative  3.7 / 5
0
5
Law and Government  3.6 / 5
0
5

Abilities

Top abilities for financial managers, rated on an importance scale of 0 to 5:

Written Comprehension  4.1 / 5
0
5
Oral Expression  4.1 / 5
0
5
Oral Comprehension  4.1 / 5
0
5
Deductive Reasoning  4.0 / 5
0
5
Speech Clarity  4.0 / 5
0
5
Inductive Reasoning  3.9 / 5
0
5

Daily Tasks

Day-to-day, financial managers typically:

  • 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.
  • Prepare financial or regulatory reports required by laws, regulations, or boards of directors.
  • Examine, evaluate, or process loan applications.

Work Activities

  • Working with Computers
  • Establishing and Maintaining Interpersonal Relationships
  • Communicating with Supervisors, Peers, or Subordinates
  • Processing Information
  • Getting Information
  • Evaluating Information to Determine Compliance with Standards
  • Making Decisions and Solving Problems
  • Coaching and Developing Others
  • Guiding, Directing, and Motivating Subordinates
  • Organizing, Planning, and Prioritizing Work
  • Coordinating the Work and Activities of Others
  • Analyzing Data or Information

Tools & Technology

Technologies frequently used: Hot technologies: Adobe Acrobat, Alteryx software, IBM SPSS Statistics, Intuit QuickBooks In-demand technologies: Microsoft Excel

What Major Will Prepare You For This Career?

Several college majors map to this occupation:

  • Finance & Financial Management
  • Accounting
  • Business Administration & Management
  • Data Analytics
  • Accounting & Computer Science

Related occupations to financial managers include:

Also Known As

ATM Manager (Automated Teller Machine Manager), Accountant Supervisor, Accounting Director, Accounting Manager, Accounting Supervisor, Accounts Manager, Accounts Payable Manager, Accounts Supervisor, Actuarial Manager, Asset Manager, Auditing Manager, Auditor Supervisor, Auto Finance Manager (Automotive Finance Manager), Bank Branch Manager, Bank Manager.

References

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