Occupational Employment Statistics


DETAILED OCCUPATION DATA

11-3031 Financial Managers



Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Geography EmploymentEmp SE*Percentiles
Mean10th25thMedian75th90th
Northwest Minnesota 820172$50.31/hr$26.56/hr$33.28/hr$44.47/hr$59.48/hr$80.27/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Natural Resources and MiningN/A$37.85/hr
Construction230$60.22/hr
Manufacturing1,460$62.66/hr
Trade, Transportation and Utilities1,430$55.11/hr
Information430$62.03/hr
Financial Activities5,180$60.94/hr
Professional and Business Services4,230$66.06/hr
Education and Health Services1,510$45.61/hr
Leisure and Hospitality130$43.12/hr
Other Services200$56.35/hr
Public Administration800$53.69/hr
 
Geography EmploymentMedian WageProjections
% Change 2016-2026
Northeast Balance of State 120$42.80/hrN/A
La Crosse WI-MN MSA 140$58.25/hrN/A
Grand Forks ND-MN MSA 160$52.81/hrN/A
Mankato-North Mankato MN MSA 180$49.22/hrN/A
Rochester MN MSA 300$49.74/hrN/A
St Cloud MN MSA 390$41.67/hrN/A
Southwest Balance of State 400$47.55/hrN/A
Duluth MN-WI MSA 430$45.44/hrN/A
Northeast Minnesota 500$44.52/hr8.6%
Southeast Balance of State 540$50.60/hrN/A
Southwest Minnesota 580$49.39/hr14.0%
Fargo ND-MN MSA 620$57.18/hrN/A
Northwest Balance of State 690$44.56/hrN/A
Southeast Minnesota 730$49.62/hr14.1%
Northwest Minnesota 820$44.47/hr12.9%
Central Minnesota 1,060$45.01/hr21.7%
Seven County Mpls-St Paul, MN 11,930$63.30/hr16.4%
Minneapolis-St Paul-Bloomington MN-WI MSA 12,450$62.74/hrN/A
Minnesota 15,610$59.40/hr16.8%


Occupations EmploymentMedian WageProjections
% Change 2016-2026
Accountants and Auditors 22,960$32.46/hr9.4%
Budget Analysts 500$37.44/hr7.3%
Actuaries 520$49.50/hr21.2%
Compensation and Benefits Managers 420$63.34/hr6.1%
Financial Specialists, All Other 3,320$32.08/hr8.9%
Financial Examiners 1,720$41.79/hr7.0%
First-Line Supervisors/Managers of Non-Retail Sales Workers 3,360$37.82/hr5.4%
Securities, Commodities, and Financial Services Sales Agents 9,470$39.36/hr4.0%
Personal Financial Advisors 3,720$38.72/hr17.4%
Compensation, Benefits, and Job Analysis Specialis 1,570$33.32/hr11.4%


  • Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
  • Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
  • 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.
  • Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
  • Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
  • Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources.
  • Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources.
  • Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
  • Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
  • Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.