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Occupational Employment Statistics


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 Click link for Career Profile EmploymentEmp SE*Percentiles
Northwest Minnesota 67029$60.54/hr$33.53/hr$40.85/hr$52.02/hr$70.30/hr$94.36/hr

IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Natural Resources and Mining20$63.16/hr
Trade, Transportation and Utilities1,510$67.90/hr
Financial Activities5,600$64.61/hr
Professional and Business Services3,030$80.47/hr
Education and Health Services1,240$51.37/hr
Leisure and Hospitality180$51.58/hr
Other Services270$60.20/hr
Public Administration710$59.65/hr
Geography Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Northeast Balance of State 130$49.93/hrN/A
Grand Forks ND-MN MSA 170$62.49/hrN/A
Mankato-North Mankato MN MSA 170$55.56/hrN/A
La Crosse WI-MN MSA 180$60.22/hrN/A
Rochester MN MSA 350$59.27/hrN/A
St Cloud MN MSA 410$58.82/hrN/A
Duluth MN-WI MSA 420$54.49/hrN/A
Southwest Balance of State 430$50.63/hrN/A
Southeast Balance of State 480$59.17/hrN/A
Northeast Minnesota 490$51.46/hr16.1%
Northwest Balance of State 560$52.17/hrN/A
Southwest Minnesota 620$51.25/hr17.2%
Fargo ND-MN MSA 670$61.55/hrN/A
Northwest Minnesota 670$52.02/hr18.5%
Southeast Minnesota 720$59.42/hr15.5%
Central Minnesota 920$57.89/hr15.9%
Seven County Mpls-St Paul, MN 11,130$67.98/hr15.0%
Minneapolis-St Paul-Bloomington MN-WI MSA 11,600$67.42/hrN/A
Minnesota 14,990$65.23/hr15.5%

Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Accountants and Auditors 28,730$37.36/hr4.4%
Financial Specialists, All Other 1,460$37.13/hrN/A
Financial Examiners 2,120$42.06/hrN/A
Securities, Commodities, and Financial Services Sales Agents 8,560$36.33/hr6.7%
Budget Analysts 330$40.06/hr3.1%
Compensation and Benefits Managers 390$65.18/hrN/A
Credit Analysts 1,930$38.88/hr-5.3%
Personal Financial Advisors 6,740$41.89/hr4.9%
First-Line Supervisors of Non-Retail Sales Workers 2,720$42.57/hr-3.3%
Loan Interviewers and Clerks 5,160$23.77/hr-2.0%

  • Oversee the flow of cash or financial instruments.
  • Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
  • Receive cash and checks and make deposits.
  • Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
  • Manage investment funds to maximize return on client investments.
  • Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
  • Develop or analyze information to assess the current or future financial status of firms.
  • 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.
  • Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals.
  • Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.