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Boston Career Explorer

Management

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Also called: Accounting Supervisor, Banking Center Manager (BCM), Branch Manager, Business Banking Manager, Credit Administration Manager, Credit Manager

Median pay in Greater Boston
$209,780
$100.85/hr
Jobs in Greater Boston
21,650
Massachusetts 2024–2034
+11.4%
2,300 openings a year
Typical U.S. entry requirement
Bachelor's degree
5 years or more of related work experience

Greater Boston: Boston-Cambridge-Newton, MA-NH metro area, May 2025. Growth and openings: Massachusetts statewide projection.

Pay range in Greater Boston

Yearly pay in Greater Boston by percentile
10th25thMedian75th90th
$126,450$164,560$209,780$292,030$335,150

10% of workers earn less than the first figure and 10% earn more than the last.

What you’d do

  • 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.

AI and this job

AI exposure: how much of this job’s work AI tools can do or help with, based on national research. It is not a forecast of job loss.

Higher exposure86 of 100

The index averages three national research measures, each shown as a percentile of all jobs:

  • AIOE 98
  • Language-model AIOE 87
  • GPTs-are-GPTs 73

Observed AI use today: Substantial (Anthropic Economic Index)

AI exposure for financial managers is higher, and observed AI use is substantial. AI tools can help evaluate cost data, build budget drafts, and track cash flow. Building customer relationships, recruiting, and leading a team still rely on people. Massachusetts job growth is projected at 11.4% from 2024 to 2034.

Likely to change

  • Analyzing cost data for budgets
  • Tracking cash flow and financial reports

Still relies on people

  • Building relationships with customers
  • Recruiting and leading finance staff

What federal projections say

“Demand change - share increases as several economic trends, including a greater emphasis on risk management and increases in corporate cash holdings, will increase demand for financial managers.”
BLS Employment Projections 2025–35, factors affecting this job (U.S.)

Written with AI from the data on this page. Check with a career coach before making a decision.

Training near Boston

College and school programs in the Boston metro area that lead to this job, with 2023-24 completions (IPEDS).

24 programs near Boston (plus 11 graduate)

Related occupations

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