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 70048$48.80/hr$23.81/hr$31.57/hr$44.64/hr$58.90/hr$76.94/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Natural Resources and Mining10$41.62/hr
Construction260$64.39/hr
Manufacturing1,400$63.10/hr
Trade, Transportation and Utilities1,330$58.54/hr
Information280$61.28/hr
Financial Activities4,990$60.99/hr
Professional and Business Services4,850$66.43/hr
Education and Health Services1,520$45.93/hr
Leisure and Hospitality110$45.18/hr
Other Services210$53.85/hr
Public Administration790$54.96/hr
 
Geography EmploymentMedian WageProjections
% Change 2016-2026
Northeast Balance of State 100$44.64/hrN/A
La Crosse WI-MN MSA 140$56.34/hrN/A
Grand Forks ND-MN MSA 150$52.52/hrN/A
Mankato-North Mankato MN MSA 150$49.45/hrN/A
Rochester MN MSA 280$49.13/hrN/A
St Cloud MN MSA 340$50.25/hrN/A
Duluth MN-WI MSA 360$46.54/hrN/A
Southwest Balance of State 420$47.79/hrN/A
Northeast Minnesota 430$45.35/hr8.6%
Southwest Minnesota 550$48.05/hr14.0%
Southeast Balance of State 550$52.48/hrN/A
Fargo ND-MN MSA 590$62.47/hrN/A
Northwest Balance of State 630$44.76/hrN/A
Northwest Minnesota 700$44.64/hr12.9%
Southeast Minnesota 710$51.13/hr14.1%
Central Minnesota 1,050$48.76/hr21.7%
Seven County Mpls-St Paul, MN 12,290$64.06/hr16.4%
Minneapolis-St Paul-Bloomington MN-WI MSA 12,820$63.45/hrN/A
Minnesota 15,750$60.42/hr16.8%


Occupations EmploymentMedian WageProjections
% Change 2016-2026
Accountants and Auditors 23,210$33.06/hr9.4%
Budget Analysts 510$37.15/hr7.3%
Actuaries 460$48.58/hr21.2%
Compensation and Benefits Managers N/A$52.58/hr6.1%
Financial Examiners 1,660$41.38/hr7.0%
First-Line Supervisors of Non-Retail Sales Workers 3,470$39.36/hr5.4%
Securities, Commodities, and Financial Services Sales Agents 9,240$41.58/hr4.0%
Personal Financial Advisors 3,900$38.76/hr17.4%
Compensation, Benefits, and Job Analysis Specialists N/A$33.74/hr11.4%
Sales Managers 10,700$59.21/hr6.1%


  • 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.