Financial Management

What the Numbers Say About Financial Management

0.1% of the federal civilian workforce (2,289,472 employees total, March 2025) works in the Financial Management occupation (OPM code 505): 1,326 people, headcount down -1.9% versus the prior period, a modest but trackable signal for anyone considering this specialized federal career path.

The average salary for Financial Management is $165,416 per year, placing it 50.6% above the overall federal civilian average of $109,869. Salaries moved up by 2.1% from the prior period, a broad shift as locality pay tables and grade-level adjustments moved through the workforce. Average length of service in this role is 19.8 years, a long average tenure, typical of career federal roles where employees stay through much of a full career before retirement.

The Accounting and Budget Group family (code 5) groups Financial Management together with 17 other related occupations across the federal government. Candidates browsing USAJOBS for Financial Management postings should also review these sibling occupations, since federal hiring managers often cross-post positions across closely related codes when recruitment is difficult. All figures here come directly from OPM FedScope Employment Cubes, the same official source referenced in federal workforce planning, budget justifications, and GAO reports.

Within the Accounting and Budget Group family, Financial Management ranks #11 of 18 by headcount, accounting for 1.1% of the family's combined 124,386 employees. Its average salary ranks in the top half (94th percentile) of pay among Accounting and Budget Group occupations.