Financial Managers salary in Detroit, Michigan

Salary distribution

Where Detroit financial managers fall on the wage curve.

Typical entry

• Education

  Bachelor's degree

• Experience

  5 years or more

• On-the-job training

  None

Top skills (O*NET)

• Customer and Personal Service

  Knowledge

  4.7 / 5

• Administration and Management

  Knowledge

  4.3 / 5

• Oral Expression

  Ability

  4.1 / 5

• Oral Comprehension

  Ability

  4.1 / 5

• Written Comprehension

  Ability

  4.1 / 5

• Economics and Accounting

  Knowledge

  4.1 / 5

• Critical Thinking

  Cross-functional

  4.0 / 5

• Reading Comprehension

  Basic skill

  4.0 / 5

Common tasks (O*NET)

1. 01

   Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.

2. 02

   Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.

3. 03

   Communicate with stockholders or other investors to provide information or to raise capital.

4. 04

   Oversee the flow of cash or financial instruments.

5. 05

   Develop or analyze information to assess the current or future financial status of firms.

6. 06

   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.

7. 07

   Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.

8. 08

   Prepare financial or regulatory reports required by laws, regulations, or boards of directors.