How to hire financial managers
A job description you can copy, interview questions tied to the real work, and what to pay. Free.
Job description template
Copy it, fill in the brackets, and remove anything that does not fit your job. Keep only must-haves you would really turn someone away for.
[Job title] at [Company name] [City, State] · [Full-time / Part-time] · [Pay range] About the role [Two or three sentences about your team, the work and why it matters.] What you will do • Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter. • Evaluate data pertaining to costs to plan budgets. • Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations. • Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met. • Oversee the flow of cash or financial instruments. • Oversee training programs. • 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. What you bring • [Required license, certification or years of experience, if any] • [Education, only if you truly need it. Typical to start in this job: Bachelor's degree] • Strong active listening, critical thinking, mathematics, reading comprehension, speaking and active learning skills • Working knowledge of economics and accounting, customer and personal service, English Language and mathematics • [Anything else you would really turn someone away for] Pay and benefits [Pay range]. For reference, the U.S. median for this job is $80.08 an hour ($166,570 a year). [Benefits, schedule and anything else candidates should know.] How to apply [Apply on JAI Bot. Every applicant hears back.]
Interview questions for financial managers
Ask every candidate the same questions, in the same order, and write down what they say. Questions about past work show what someone has actually done.
- Tell me about a time you had to establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter. What did you do, and how did it turn out?
- Tell me about a time you had to evaluate data pertaining to costs to plan budgets. What did you do, and how did it turn out?
- Tell me about a time you had to evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations. What did you do, and how did it turn out?
- Tell me about a time you had to monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met. What did you do, and how did it turn out?
- Tell me about a time you had to understand a request or problem that was explained poorly. How did you make sure you got it right?
- Describe a decision at work where the obvious answer was wrong. How did you work out the better choice?
- Walk me through a calculation you do regularly at work and how you check it.
- Why this job, and why now? What would make you stay here for the long term?
Good answers name a real situation, what the person did themselves and what happened. Avoid questions about age, family plans, religion, health, national origin or anything else unrelated to the job.
What financial managers do
- Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
- Evaluate data pertaining to costs to plan budgets.
- Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
- Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
- Oversee the flow of cash or financial instruments.
- Oversee training programs.
- 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.
Skills that matter most
Education, experience and outlook for financial managers
- Typical education to start: Bachelor's degree (BLS)
- Experience usually needed to start: 5 years or more (BLS)
- Job outlook: +9.7% over ten years, much faster than average · about 65,600 openings a year (BLS)
What to pay financial managers
Pay depends a lot on where the job is. Highest and lowest median yearly pay by state:
| State | Median yearly pay |
|---|---|
| New York | $219,880 |
| Massachusetts | $206,760 |
| New Jersey | $199,110 |
| District of Columbia | $188,880 |
| Virginia | $185,220 |
| Arkansas | $116,570 |
| West Virginia | $113,140 |
| Mississippi | $111,390 |
See financial managers pay in every state
Related hiring guides
- Administrative Services Managers
- Facilities Managers
- Computer and Information Systems Managers
- Industrial Production Managers
- Purchasing Managers
- Transportation, Storage, and Distribution Managers
- Compensation and Benefits Managers
- Human Resources Managers
- Training and Development Managers
Post this job on JAI Bot. Free to start: JAI Bot reads every applicant against your must-haves, shows the resume evidence behind each one, and helps you reply to everyone. People make every decision.
Post a job freePay by areaJob duties and skills: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications. Pay: U.S. Bureau of Labor Statistics OEWS, May 2025. Interview questions and the job description template: JAI Bot, based on the duties and skills above.