RateOrchard
DATA PROFILE · 2024

Financial Managers salary in Minnesota

Median, range, employment, and 10-year outlook from BLS Occupational Employment Statistics, with skills and task data from O*NET. Cost-of-living adjustment from BEA Regional Price Parities.

Adrian Serafin, founder and editor of RateOrchardBy Adrian SerafinFounderUpdated April 27, 2026
Median annual$158,040
Mean annual$170,550
Range (10th to 90th)Not published
Minnesota employment16,520
State vs national-0.8% vs national

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.

Real disclosed salaries

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.

LevelFilingsMedian offer
Level I — entry4$130,000
Level II — qualified6$162,733
Level IV — fully competent2$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.

EmployerMost-filed titleFilingsMedian
Ecolab USA Inc.Financial Analysis Manager II5$135,000
Niron Magnetics, Inc.Vice President of Finance2$302,300
Cargill, Incorporated (US)Group Strategy Leader - KBGFJG357233-11$235,738
Baker Tilly Advisory Group, LPManager - Assurance1$101,350
Alfred Pay Labs, LLCChief Financial Officer1$106,829
Danfoss Power Solutions (US) CompanyPlant Controller1$139,422
Workiva IncCorporate Development & Investor Relations Senior Manager1$139,422
Sezzle Inc.Chief Operating Officer1$204,610
UNIVERSITY OF MINNESOTAInvestment Manager1$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)
    $235,738
    WayzataDecided Dec 23, 2025I-200-25351-489196
  • Manager - Assurance at Baker Tilly Advisory Group, LP
    $101,350
    MinneapolisDecided Sep 8, 2025I-200-25241-278109
  • Financial Analysis Manager II at Ecolab USA Inc.
    $156,926
    St. PaulWage Level IIDecided Jun 30, 2025I-200-25174-119636
  • Chief Financial Officer at Alfred Pay Labs, LLC
    $106,829
    MinneapolisWage Level IDecided Jun 12, 2025I-200-25156-056341
  • Plant Controller at Danfoss Power Solutions (US) Company
    $139,422
    PlymouthWage Level IIDecided May 30, 2025I-200-25142-009096
  • Corporate Development & Investor Relations Senior Manager at Workiva Inc
    $139,422
    CorcoranWage Level IIDecided May 9, 2025I-200-25122-933528
  • Vice President of Finance at Niron Magnetics, Inc.
    $302,300
    MinneapolisWage Level IIDecided Apr 22, 2025I-200-25105-868081
  • Financial Analysis Manager I at Ecolab USA Inc.
    $130,000
    St. 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.

By seniority

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.

Pay by industry

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.

IndustryLargest employerFilingsMedian offer
Energy and utilitiesEcolab USA Inc.5$135,000
ManufacturingNiron Magnetics, Inc.4$269,019
Finance and insuranceAlfred Pay Labs, LLC2$155,720
Professional servicesBaker Tilly Advisory Group, LP1$101,350
Technology and softwareWorkiva Inc1$139,422
EducationUNIVERSITY OF MINNESOTA1$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.

Median annual wage, Minnesota2023 to 2024
$151,0002023$158,0402024

Typical entry

  • Education

    Bachelor's degree

  • Experience

    5 years or more

  • On-the-job training

    None

Top skills (O*NET)

  • Customer and Personal Service

    Knowledge

    4.7 / 5
  • Administration and Management

    Knowledge

    4.3 / 5
  • Oral Expression

    Ability

    4.1 / 5
  • Oral Comprehension

    Ability

    4.1 / 5
  • Written Comprehension

    Ability

    4.1 / 5
  • Economics and Accounting

    Knowledge

    4.1 / 5
  • Critical Thinking

    Cross-functional

    4.0 / 5
  • Reading Comprehension

    Basic skill

    4.0 / 5

Common tasks (O*NET)

  1. 01

    Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.

  2. 02

    Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.

  3. 03

    Communicate with stockholders or other investors to provide information or to raise capital.

  4. 04

    Oversee the flow of cash or financial instruments.

  5. 05

    Develop or analyze information to assess the current or future financial status of firms.

  6. 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.

  7. 07

    Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.

  8. 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, 20242034 cycle.

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Top metros in Minnesota

Metro-level salary data for financial managers in major Minnesota metropolitan areas.

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.
Disclaimer

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.