Salary distribution
Where Minnesota financial managers fall on the wage curve.
Distribution not available
The Bureau of Labor Statistics suppresses wage percentiles for this occupation and state when the surveyed cell has too few employers to publish without revealing individual firm pay. National figures and adjacent states below remain a useful reference.
Financial Managers in Minnesota: actual employer-disclosed pay
Public records from 14 certified H-1B Labor Condition Applications filed with the U.S. Department of Labor. Median offered wage: $148,174. Every figure below is an actual offered salary an employer attested to under federal law.
By DOL wage level
DOL classifies every offer into one of four wage levels based on the role's experience and skill requirements.
| Level | Filings | Median offer |
|---|---|---|
| Level I — entry | 4 | $130,000 |
| Level II — qualified | 6 | $162,733 |
| Level IV — fully competent | 2 | $204,610 |
Top employers filing for this role
Companies with the most certified filings for Financial Managers in Minnesota. Median offer is across all of that employer's filings.
| Employer | Most-filed title | Filings | Median |
|---|---|---|---|
| Ecolab USA Inc. | Financial Analysis Manager II | 5 | $135,000 |
| Niron Magnetics, Inc. | Vice President of Finance | 2 | $302,300 |
| Cargill, Incorporated (US) | Group Strategy Leader - KBGFJG357233-1 | 1 | $235,738 |
| Baker Tilly Advisory Group, LP | Manager - Assurance | 1 | $101,350 |
| Alfred Pay Labs, LLC | Chief Financial Officer | 1 | $106,829 |
| Danfoss Power Solutions (US) Company | Plant Controller | 1 | $139,422 |
| Workiva Inc | Corporate Development & Investor Relations Senior Manager | 1 | $139,422 |
| Sezzle Inc. | Chief Operating Officer | 1 | $204,610 |
| UNIVERSITY OF MINNESOTA | Investment Manager | 1 | $204,610 |
Recent sample filings
A snapshot of recent certified offers. Each line is a real, public, verifiable record.
- Group Strategy Leader - KBGFJG357233-1 at Cargill, Incorporated (US)$235,738WayzataDecided Dec 23, 2025I-200-25351-489196
- Manager - Assurance at Baker Tilly Advisory Group, LP$101,350MinneapolisDecided Sep 8, 2025I-200-25241-278109
- Financial Analysis Manager II at Ecolab USA Inc.$156,926St. PaulWage Level IIDecided Jun 30, 2025I-200-25174-119636
- Chief Financial Officer at Alfred Pay Labs, LLC$106,829MinneapolisWage Level IDecided Jun 12, 2025I-200-25156-056341
- Plant Controller at Danfoss Power Solutions (US) Company$139,422PlymouthWage Level IIDecided May 30, 2025I-200-25142-009096
- Corporate Development & Investor Relations Senior Manager at Workiva Inc$139,422CorcoranWage Level IIDecided May 9, 2025I-200-25122-933528
- Vice President of Finance at Niron Magnetics, Inc.$302,300MinneapolisWage Level IIDecided Apr 22, 2025I-200-25105-868081
- Financial Analysis Manager I at Ecolab USA Inc.$130,000St. PaulWage Level IDecided Apr 22, 2025I-200-25105-865716
Source: U.S. Department of Labor, Office of Foreign Labor Certification. Disclosed wages reflect what employers attested to pay; actual paid wages may differ. Only certified filings are shown — denied and withdrawn cases are excluded.
Financial Managers pay by experience level in Minnesota
Each band reflects DOL Wage Levels I-IV mapped onto a four-step ladder. Click a level to see the disclosed-wage range for that segment.
Financial Managers in Minnesota, by industry
Median offered wage across 14 certified filings, grouped by NAICS industry sector. Energy and utilities leads with a median of $135,000.
| Industry | Largest employer | Filings | Median offer |
|---|---|---|---|
| Energy and utilities | Ecolab USA Inc. | 5 | $135,000 |
| Manufacturing | Niron Magnetics, Inc. | 4 | $269,019 |
| Finance and insurance | Alfred Pay Labs, LLC | 2 | $155,720 |
| Professional services | Baker Tilly Advisory Group, LP | 1 | $101,350 |
| Technology and software | Workiva Inc | 1 | $139,422 |
| Education | UNIVERSITY OF MINNESOTA | 1 | $204,610 |
Sectors with at least 25 filings link to a dedicated page with full distribution and sample employer breakdown.
Wage trend
Median annual wage in Minnesota over the past 2 BLS OES releases. Real values are CPI-adjusted to 2024 dollars.
Typical entry
Education
Bachelor's degree
Experience
5 years or more
On-the-job training
None
Top skills (O*NET)
- 4.7 / 5
Customer and Personal Service
Knowledge
- 4.3 / 5
Administration and Management
Knowledge
- 4.1 / 5
Oral Expression
Ability
- 4.1 / 5
Oral Comprehension
Ability
- 4.1 / 5
Written Comprehension
Ability
- 4.1 / 5
Economics and Accounting
Knowledge
- 4.0 / 5
Critical Thinking
Cross-functional
- 4.0 / 5
Reading Comprehension
Basic skill
Common tasks (O*NET)
- 01
Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.
- 02
Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
- 03
Communicate with stockholders or other investors to provide information or to raise capital.
- 04
Oversee the flow of cash or financial instruments.
- 05
Develop or analyze information to assess the current or future financial status of firms.
- 06
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.
- 07
Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.
- 08
Prepare financial or regulatory reports required by laws, regulations, or boards of directors.
10-year outlook
Growth 2024 → 2034
+14.8%
Projected annual openings
—
BLS outlook
Growing much faster than average
Source: BLS Employment Projections, 2024–2034 cycle.
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Metro-level salary data for financial managers in major Minnesota metropolitan areas.
- Minneapolis$163,330
Compare Financial Managers pay across nearby states
Frequently asked questions
- What is the median salary for Financial Managers in Minnesota?
- According to BLS Occupational Employment Statistics, the median annual wage for Financial Managers in Minnesota is $158,040.
- How does Minnesota compare to the national median for Financial Managers?
- The Minnesota median is -0.8% versus the BLS national figure of $159,352.
- Is Financial Managers a growing field?
- BLS Employment Projections show employment growing by 14.8% over the projection cycle. See the 10-year outlook section above for details.
- What education is required for Financial Managers?
- BLS lists the typical entry-level education as Bachelor's degree. Many employers also weigh prior experience and credentials.
Information on this page is for general educational purposes only. It is not career, financial, or tax advice. Wage data reflects BLS estimates for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.