Financial Managers

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Training Information
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Publications
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State of Alaska > Department of Labor > Research & Analysis Home > Alaska Occupations

Financial Managers (11-3031)

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

For an explanation of the data, click on the question mark next to the heading.

Career Ladder/Lattice

The Alaska Career Ladder/Lattice is a tool to help job seekers identify upward career paths and lateral opportunities.
Click here to see the career ladder/lattice for Financial Managers.

Employment and Job Openings

	Average employment			Average annual openings
	2010 estimate	2020 projection	Percent change	Growth	Replacement	Total
Alaska	1,280	1,421	11.0	14	23	38
United States	527,100	573,400	8.8	4,630	9,650	14,280

Job outlook

Alaska: Alaska’s employment growth is moderate with very high employment opportunities. Read more.

2012 Wages

	Mean Wage and 95% Confidence Interval			Wage by Percentile
	Low	Mean	High	10th	Median	90th
United States	n/a	59.26	n/a	28.67	52.76	(1)
Alaska	47.17	50.61	54.05	27.53	45.36	81.76
Anchorage/Mat-Su Area (MSA)	49.08	54.05	59.02	29.35	48.10	88.51
Fairbanks North Star Borough (MSA)	33.14	38.09	43.04	20.86	37.12	57.55
Southeast Region	38.50	44.56	50.62	23.60	42.54	70.35
Balance of State	47.33	54.28	61.23	31.43	48.79	86.85

(1) indicates an hourly wage greater than $90, or an annual wage greater than $187,200.

Labor Force Indicators

2011 Worker Characteristics
Total workers	Nonresident workers	Percent nonresident	Percent age 45 plus	Percent age 50 plus
1,281	80	6.2	57.4	42.0

2011 Potential Supply

Qualified but working in another occupation	174
Currently employed in a lower paid occupation	118
UI claimants previously working in occupation	73

2011 ALEXsys Employment Data

Number of registrants	561
Number of job position postings	402
Ratio of registrants to job position postings	1.4

Typical Entry-level Education, Experience, and/or On-the-job Training

Education: Bachelor’s degree

Work experience: More than 5 years

On-the-job training: None

Training Resources

	Degree	FY2008–2010 reported exiters
Charter College, Anchorage
Business Management Accounting	BS	0

	Degree	FY2008–2010 reported exiters
Charter College, Wasilla
Business Management Accounting	BS	0

	Degree	FY2008–2010 reported exiters
University of Alaska Anchorage
Finance	BBA	0

Department of Labor and Workforce Development
Research & Analysis Section

1111 W. 8th St., Juneau, AK 99801
P.O. Box 115501, Juneau, AK 99811-5501

Phone: 907.465.4500 Fax: 907.523.9654