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Last updated: June 15, 2024
Specialist Financial Management Salary
in Colorado, United States
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$112,919 (USD)
Average Salary
$54/hr
Average Hourly
$4,731
Average Bonus
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Last updated: June 15, 2024
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Salary Recap
The average pay for a Specialist Financial Management is $112,919 a year and $54 an hour in Colorado, United States. The average salary range for a Specialist Financial Management is between $78,253 and $137,648. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Colorado, United States.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Salary Potential
Salary Potential
Estimated salary in 2029:
$126,838
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Colorado, United States
Colorado Cost of Living Score:
Description:
Colorado ( KOL-ə-RAD-oh, -RAH-doh, other variants) is a landlocked state in the Mountain West subregion of the Western United States. Colorado borders Wyoming to the north, Nebraska to the northeast, Kansas to the east, Oklahoma to the southeast, New Mexico to the south, Utah to the west, and meets Arizona to the southwest at the Four Corners. Colorado is noted for its landscape of mountains, forests, high plains, mesas, canyons, plateaus, rivers, and desert lands. Colorado is one of the Mountain States and is often considered to be part of the southwestern United States. The high plains of Colorado may be considered...
Job Summary
Description:
- Oversees and executes financial management tasks, including preparing the fiscal budget, tracking expenditures, and supporting financial operations reporting.
- Aids in the preparation and development of the annual budget.
- Collaborates with department heads and stakeholders to align financial activities with strategic goals and fiscal constraints.
- Monitors budget performance, identifies trends, and recommends adjustments to ensure compliance with financial plans.
- Analyzes financial data, including revenues, expenditures, and financial statements, to generate reports for officials.
- Processes and reviews financial transactions, such as purchase orders, invoices, and reimbursement requests, and verifies accuracy and adherence to budgetary guidelines.
- Confirms payment of bills and invoices.
- Helps identify and apply for grants and funding opportunities to support projects.
- Partners with departments to ensure compliance with grant requirements and the proper allocation of funds.
- Conducts periodic internal audits to identify discrepancies and ensure compliance with financial regulations, local ordinances, and internal financial controls.
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Salary Recap
The average pay for a Specialist Financial Management is $112,919 a year and $54 an hour in Colorado, United States. The average salary range for a Specialist Financial Management is between $78,253 and $137,648. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Colorado, United States.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Specialist Financial Management Job Prevalence in the United States
Job family: Financial and Investment Analysts
Job family population: 291,370
Estimated population of Specialist Financial Management jobs: 13,403
Rate of error: 1.6%
Take the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Colorado, United States
Colorado Cost of Living Score:
Description:
Colorado ( KOL-ə-RAD-oh, -RAH-doh, other variants) is a landlocked state in the Mountain West subregion of the Western United States. Colorado borders Wyoming to the north, Nebraska to the northeast, Kansas to the east, Oklahoma to the southeast, New Mexico to the south, Utah to the west, and meets Arizona to the southwest at the Four Corners. Colorado is noted for its landscape of mountains, forests, high plains, mesas, canyons, plateaus, rivers, and desert lands. Colorado is one of the Mountain States and is often considered to be part of the southwestern United States. The high plains of Colorado may be considered...
Job Summary
Description:
- Oversees and executes financial management tasks, including preparing the fiscal budget, tracking expenditures, and supporting financial operations reporting.
- Aids in the preparation and development of the annual budget.
- Collaborates with department heads and stakeholders to align financial activities with strategic goals and fiscal constraints.
- Monitors budget performance, identifies trends, and recommends adjustments to ensure compliance with financial plans.
- Analyzes financial data, including revenues, expenditures, and financial statements, to generate reports for officials.
- Processes and reviews financial transactions, such as purchase orders, invoices, and reimbursement requests, and verifies accuracy and adherence to budgetary guidelines.
- Confirms payment of bills and invoices.
- Helps identify and apply for grants and funding opportunities to support projects.
- Partners with departments to ensure compliance with grant requirements and the proper allocation of funds.
- Conducts periodic internal audits to identify discrepancies and ensure compliance with financial regulations, local ordinances, and internal financial controls.
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast April 2024
Review compensation trends and get guidance on expected total salary increases for the upcoming year with ERI's National Compensation Forecast.
Read More
Planning Compensation Incentives That Maximize Workforce Engagement
Improve employee engagement and performance by implementing compensation incentive plans into your strategy.
Read More
Planning Global Compensation Budgets for 2024 - March Updated
Learn about global compensation trends and salary increases for 2024, so you can make more informed salary planning decisions.
Read More