As of March 01, 2025, the average annual salary for a Finance Manager in Cambridge, MA is $155,667. Salary.com reports that pay typically ranges from $138,980 to $176,090, with most professionals earning between $123,788 and $194,684.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $157,083 | $13,090 | $3,021 | $76 |
| Average | $138,864 | $11,572 | $2,670 | $67 |
| 25th Percentile | $123,979 | $10,332 | $2,384 | $60 |
An entry-level Finance Manager with under 1 year experience makes about $148,881. With less than 2 years of experience, a mid-level Finance Manager makes around $150,119. After 2-4 years, the Finance Manager pay rises to about $151,358. Those senior Finance Manager with 5-8 years of experience earn roughly $151,853, and those Finance Manager having 8 years or more experience are expected to earn about $155,247 on average.
| Levels | Salary |
|---|---|
| Entry Level Finance Manager | $148,881 |
| Intermediate Level Finance Manager | $150,119 |
| Senior Level Finance Manager | $151,358 |
| Specialist Level Finance Manager | $151,853 |
| Expert Level Finance Manager | $155,247 |
| Entry Level | 7% |
| Mid Level | 8% |
| Senior Level | 9% |
| Top Level | 9% |
| Experienced | 12% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Accounts Payable: Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
Accounts Receivable: Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
| Skill | Salary | Demand |
|---|---|---|
|
Partnering
|
$166,564 |
7%
|
|
Financial Modeling
|
$165,007 |
6%
|
|
Financial Planning
|
$163,450 |
5%
|
|
Insight
|
$163,450 |
5%
|
|
Decision Making
|
$163,450 |
5%
|
|
Variance Analysis
|
$163,450 |
5%
|
