As of January 01, 2025, the average annual salary for a Finance Manager in Mckinney, TX is $135,927. Salary.com reports that pay typically ranges from $121,356 to $153,763, with most professionals earning between $108,091 and $170,001.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $156,263 | $13,022 | $3,005 | $75 |
| Average | $138,137 | $11,511 | $2,656 | $66 |
| 25th Percentile | $123,330 | $10,277 | $2,372 | $59 |
An entry-level Finance Manager with under 1 year experience makes about $130,686. With less than 2 years of experience, a mid-level Finance Manager makes around $131,773. After 2-4 years, the Finance Manager pay rises to about $132,860. Those senior Finance Manager with 5-8 years of experience earn roughly $133,295, and those Finance Manager having 8 years or more experience are expected to earn about $136,274 on average.
| Levels | Salary |
|---|---|
| Entry Level Finance Manager | $130,686 |
| Intermediate Level Finance Manager | $131,773 |
| Senior Level Finance Manager | $132,860 |
| Specialist Level Finance Manager | $133,295 |
| Expert Level Finance Manager | $136,274 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 4% |
| Experienced | 1% |
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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
|
$145,442 |
7%
|
|
Financial Modeling
|
$144,082 |
6%
|
|
Financial Planning
|
$142,723 |
5%
|
|
Insight
|
$142,723 |
5%
|
|
Decision Making
|
$142,723 |
5%
|
|
Variance Analysis
|
$142,723 |
5%
|
