Financial Managers

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State of Alaska > Department of Labor > Research & Analysis Home > Alaska Occupations

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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.

Employment and Job Openings (click here for the 10-year forecast)

	Employment			Average annual openings
	2016 estimate	2026 projection	Percent change	Labor force exits	Occupation transfers	Total
Alaska	1,160	1,217	4.9	27	59	92
United States	580,400	689,000	18.7	14,600	31,400	56,860

Job outlook

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

2019 Wages

	Mean Wage	Wage by Percentile
	Mean	10th	25th	Median	75th	90th
United States	70.93	32.87	44.38	62.45	87.49	*
Alaska	53.08	31.47	37.13	49.00	62.30	79.04
Anchorage/Mat-Su Area	55.16	32.95	38.98	50.35	62.82	83.55
Fairbanks North Star Borough	49.55	31.02	35.78	46.10	61.14	76.34
Balance of State	50.64	28.25	34.95	47.10	61.45	76.37

* indicates the estimate is not available, or the hourly wage is greater than $100, or the annual wage is greater than $208,000.

Labor Force Indicators

2016 Worker Characteristics
Total workers	Nonresident workers	Percent nonresident	Percent age 45 plus	Percent age 50 plus
1,160	64	5.5	57.0	44.3

2016 Potential Supply

Qualified but working in another occupation	198
Currently employed in a lower paid occupation	150
UI claimants previously working in occupation	55

2016 ALEXsys Employment Data

Number of registrants	429
Number of job position postings	149
Ratio of registrants to job position postings	2.9

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
University of Alaska Anchorage (Anchorage)
Finance	BA

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

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