Financial Managers
SOC Code: 11-3031 Job Zone 4: Considerable Preparation Needed
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
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Prevailing Wage Levels (National)
DOL/OFLC prevailing wage thresholds for Financial Managers. Hourly rates x 2,080 = annual.
FY2027 Weighted Lottery Impact
| Level | Lottery Entries | Est. Selection Rate |
|---|---|---|
| Level I (Entry) | 1 entry | ~16% |
| Level II (Qualified) | 2 entries | ~31% |
| Level III (Experienced) | 3 entries | ~45% |
| Level IV (Expert) | 4 entries | ~61% |
Prevailing Wages by Metro Area
| Metro Area | Level I | Level II | Level III | Level IV |
|---|---|---|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $145,662 | $220,750 | $295,859 | $370,947 |
| New York-Newark-Jersey City, NY-NJ | $144,290 | $195,811 | $247,333 | $298,854 |
| San Francisco-Oakland-Fremont, CA | $133,619 | $188,427 | $243,214 | $298,022 |
| Bridgeport-Stamford-Danbury, CT | $126,006 | $177,715 | $229,424 | $281,133 |
| Boston-Cambridge-Newton, MA-NH | $124,717 | $166,899 | $209,102 | $251,285 |
| Los Angeles-Long Beach-Anaheim, CA | $109,325 | $154,565 | $199,826 | $245,066 |
| Boulder, CO | $127,712 | $165,610 | $203,486 | $241,384 |
| Denver-Aurora-Centennial, CO | $129,064 | $166,234 | $203,424 | $240,594 |
| Oxnard-Thousand Oaks-Ventura, CA | $100,984 | $146,203 | $191,443 | $236,662 |
| Seattle-Tacoma-Bellevue, WA | $131,414 | $166,088 | $200,762 | $235,435 |
H-1B Filing Data
Top H-1B Employers
| Employer | Filings | Avg Wage |
|---|---|---|
| ACTIVISION PUBLISHING INC | 4 | $203,216 |
| Stout Risius Ross, LLC | 3 | $180,700 |
| IQVIA Inc. | 3 | $167,031 |
| BLIZZARD ENTERTAINMENT, INC. | 2 | $138,108 |
| JPMORGAN CHASE & CO. | 2 | $220,600 |
| Digital Arbitrage, Inc. dba Cloudbeds | 2 | $212,500 |
| Nationstar Mortgage, LLC | 2 | $173,596 |
| COHNREZNICK LLP | 2 | $236,038 |
| Bridge Investment Group | 1 | $125,000 |
| Amazon.com Services LLC | 1 | $138,000 |
Filing Trend
| Year | Filings | Avg Wage |
|---|---|---|
| 2020 | 2 | $162,638 |
| 2021 | 3 | $197,333 |
| 2023 | 4 | $156,519 |
| 2024 | 23 | $182,263 |
| 2025 | 13 | $213,956 |
Key Skills
| Skill | Importance | Level |
|---|---|---|
| Active Listening | 4.0 | |
| Reading Comprehension | 4.0 | |
| Speaking | 4.0 | |
| Critical Thinking | 4.0 | |
| Monitoring | 3.8 | |
| Writing | 3.8 | |
| Complex Problem Solving | 3.6 | |
| Service Orientation | 3.6 | |
| Judgment and Decision Making | 3.6 | |
| Coordination | 3.6 |
Knowledge Areas
| Knowledge | Importance |
|---|---|
| Customer and Personal Service | 4.7 |
| Administration and Management | 4.3 |
| Economics and Accounting | 4.1 |
| Mathematics | 3.7 |
| Administrative | 3.7 |
| Law and Government | 3.6 |
| Personnel and Human Resources | 3.5 |
| Sales and Marketing | 3.4 |
Education Requirements
| Education Level | % of Workers |
|---|---|
| Bachelor's degree | 56.3% |
| Master's degree | 21.0% |
| High school diploma | 14.2% |
| Post-secondary certificate | 4.6% |
| Associate's degree | 3.9% |
Typical Tasks
- Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
- 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.
- Recruit staff members.
- Evaluate data pertaining to costs to plan budgets.
- Oversee training programs.
- Oversee the flow of cash or financial instruments.
Technology Skills
Green = Hot Technology in demand
Adobe Acrobat Alteryx software IBM SPSS Statistics Intuit QuickBooks Marketo Marketing Automation Microsoft Access Microsoft Excel Microsoft Office software Microsoft Outlook Microsoft PowerPoint Microsoft Project Microsoft SQL Server Microsoft SharePoint Microsoft Visio Microsoft Visual Basic
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