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Financial Services Manager Jobs in Minnesota (NOW HIRING)

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Financial Services Manager information

See Minnesota salary details

$38.2K

$104K

$145.4K

How much do financial services manager jobs pay per year?

As of Aug 30, 2026, the average yearly pay for financial services manager in Minnesota is $103,974.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,200.00 and $114,100.00 per year, depending on experience, location, and employer.

What is a financial services manager?

A financial services manager is responsible for managing the performance of a financial services team selling financial products to customers. Your job duties include motivating the team to hit defined sales goals, performing financial analysis on customer accounts, and providing sales training to the team. The qualifications for this career include a bachelor’s degree, although some employers may prefer a master’s degree in accounting, business, or a related field. You need strong leadership skills and experience working in a sales environment.

What does a financial services manager do?

A Financial Services Manager oversees financial operations, manages client accounts, and provides guidance on financial products and services such as loans, investments, and insurance. They work to ensure that clients receive sound financial advice tailored to their needs and goals. Additionally, they may supervise a team of financial advisors or analysts, maintain compliance with regulations, and help drive business growth by identifying new opportunities. Their role is crucial in helping both individuals and businesses make informed financial decisions.

What are the key skills and qualifications needed to thrive as a financial services manager, and why are they important?

To thrive as a Financial Services Manager, you need strong financial analysis, risk assessment, and portfolio management skills, often supported by a degree in finance, accounting, or business administration. Familiarity with financial management software, CRM systems, and certifications such as CFA or CFP is highly beneficial. Leadership, client relationship management, and effective communication are essential soft skills for excelling in this role. These competencies ensure accurate financial guidance, regulatory compliance, and the building of trust with clients, all of which drive organizational success.

What are some common challenges financial services managers face when leading teams in a dynamic financial environment?

Financial Services Managers often navigate challenges such as balancing sales targets with compliance requirements, adapting to rapidly changing financial regulations, and ensuring their team remains motivated and well-trained. They also need to foster strong client relationships while managing internal expectations and workflows. Effective communication and the ability to quickly resolve conflicts within the team are essential for maintaining productivity and meeting organizational goals.

What is the difference between Financial Services Manager vs Financial Advisor?

AspectFinancial Services ManagerFinancial Advisor
CredentialsCertifications like CFP, CFA, or Series 7 often preferredCFP, CFA, or Series 7 certifications common
Work EnvironmentTypically in banks, financial institutions, or corporate finance departmentsUsually in financial planning firms or independent practice
Employer & Industry UsageUsed by banks, investment firms, and corporationsCommonly employed by financial planning firms and advisory firms
Primary FocusOverseeing financial services operations and client portfoliosProviding personalized financial advice and planning to clients

The main difference is that a Financial Services Manager oversees financial operations and client portfolios within organizations, while a Financial Advisor focuses on providing personalized financial planning and advice to individual clients. Both roles require similar certifications but serve different functions within the financial industry.

More about Financial Services Manager jobs

What are the most commonly searched types of Financial Services jobs in Minnesota?

The most popular types of Financial Services jobs in Minnesota are:

What cities in Minnesota are hiring for Financial Services Manager jobs?

Cities in Minnesota with the most Financial Services Manager job openings:

Infographic showing various Financial Services Manager job openings in Minnesota as of August 2026, with employment types broken down into 80% Full Time, and 20% Part Time. Highlights an 100% In-person job distribution, with an average salary of $103,974 per year, or $50 per hour.

Shared Financial Services Manager - SPAM Principal

State of Minnesota

Saint Paul, MN • On-site

$104 - $150/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 16 days ago


State Of Minnesota rating

8.2

Company rating: 8.2 out of 10

Based on 174 frontline employees who took The Breakroom Quiz

4th of 50 rated states


Job description

Shared Financial Services Manager - SPAM Principal

Working Title: Shared Financial Services Manager
Job Class: State Program Administrator, Manager Principal
Agency: Minnesota IT Services

  • Job ID: 95428
  • Location: St. Paul
  • Full/Part Time: Full-Time
  • Regular/Temporary: Unlimited
  • Who May Apply: Open to all qualified job seekers
  • Date Posted: 08/07/2026
  • Closing Date: 08/27/2026
  • Hiring Agency/Seniority Unit: Minnesota IT Services
  • Division/Unit: Office of Enterprise Tech / Financial Management
  • Work Shift/Work Hours: Day Shift
  • Days of Work: Monday - Friday
  • Travel Required: No
  • Salary Range: $50.04 - $71.75 / hourly; $104,483 - $149,814 / annually
  • Classified Status: Classified
  • Bargaining Unit/Union: 220 - Managerial Plan
The work you\'ll do is more than just a job.

At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans. The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.

Join the 2,800+ professionals of Minnesota IT Services (MNIT) who connect Minnesotans to services that will improve their lives. This position will be part of the Enterprise Services team, which delivers a full suite of services to state agencies, boards, councils, and commissions, and many central services to local government partners.

Job Summary

As the Shared Financial Services Manager, this position will lead and oversee financial reporting and financial operations, including maintenance of the general ledger, billing and accounts receivable, accounts payable, payroll. This position will also coordinate the year-end close process and new fiscal year setup, ensuring transactions, balances, budgets, and system configurations are completed accurately and on schedule.

This position will oversee the preparation of fiscal notes, legislative reports, executive financial reports, and comparable financial analyses for governing bodies and senior leadership.

This position will coordinate the preparation of financial statements, supporting schedules, and related disclosures for inclusion in the Annual Comprehensive Financial Report (ACFR), in accordance with Minnesota Management and Budget (MMB) guidance and applicable GAAP and GASB requirements.

This position will be responsible for developing, implementing, and improving financial policies, procedures, processes, systems, reporting tools, and internal controls to strengthen efficiency, accuracy, compliance, and accountability. This position will also support and coordinate financial and compliance audits, respond to audit requests and findings, and ensure the timely preparation of supporting documentation.

This position will ensure financial reporting and financial operations comply with federal directives, state law, GAAP, GASB standards, MMB guidance, and department policies, while promoting sound stewardship of public funds and the timely delivery of accurate fiscal information.

In addition, this position will provide leadership, technical expertise, and strategic counsel to MNIT’s Chief Financial Officer on fiscal policy, financial management, audit matters, and operational issues necessary to support the complex administrative, reporting, and programmatic requirements of statewide financial operations.

This position requires an employee to work onsite at 600 Robert St. N., Saint Paul, Minnesota at least 50% [or more or less if space limitations remain] of the time, with limited telework available. Telework eligibility depends on residence:

  • Candidates living in Minnesota or within 50 miles of the worksite in a bordering state (Iowa, North Dakota, South Dakota, and Wisconsin) may telework up to 50%.
  • Minnesota residents living more than 50 miles from the worksite may be eligible to telework more than 50%.
  • Candidates living 50 miles or more from the worksite in a bordering state may work onsite 100% or may be telework eligible if relocating within 50 miles.
QualificationsMinimum Qualifications

To qualify, candidates must clearly show all of the following qualifications in their resume. Resume tips available here :

Position requires a minimum of five (5) years of demonstrated leadership experience, which may include serving as a supervisor or team lead in a complex public-sector finance division involving several of the following functions: financial reporting, billing, accounts receivable, accounts payable, and asset management.

Experience must include:

  • Experience maintaining public-sector general ledgers for multiple state fund types;leading fiscal year-end and other financial close processesand the setup of new fiscal-year budgetsandaccounts, andpreparing and reviewing accrual-based financial statements in accordance with applicable Governmental Accounting Standards Board (GASB) standards, including the Statement of Net Position (Balance Sheet), Statement of Revenues, Expenses and Changes in Net Position (Income Statement), Statement of Cash Flows, and financial statement notes and disclosures.
  • Experience leading and working effectively with financial operations teams(likepayroll, accounts payable, accounts receivable,billing, audit,financial reporting)including providing advice and guidance,establishingpriorities, providing technical direction, resolving operational issues, and ensuringtimely,accurate, and compliant financial activities.
  • Experience interpreting, applying, and implementing GASB accounting standards in a large, complex organization, including ensuring compliance with federal directives, state laws, GASB requirements, and state and agency financial policies; supporting financial audits; and developing, implementing, or improving financial policies, procedures, processes, systems, reporting tools, and internal controls.
  • Experience performing complex financial analysis and reporting, applying sound judgment and problem-solving skills toidentifyissues, evaluate alternatives, assess financial and operational impacts and risks, and develop and implement effective solutions.
  • Experience developing and presenting financial reports to leadership and other stakeholders, and communicating complex financial, accounting, and analytical information to non-financial audiences, including translating technical information into clear business impacts, options, and recommendations to support informed decision-making.
  • Demonstrated ability to communicate clearly and effectively to foster mutual understanding, and guide teams through change.
  • Customer-focused approach grounded in active listening, empathy, and solution-oriented problem-solving, complemented by formal or informal leadership and people engagement skills to deliver positive user experiences and high-performing results.
Preferred Qualifications
  • Bachelor's degree in Finance, Accounting, Business Administration, Public Administration, Economics, Data Analytics, or a related field.
  • Certified Public Accountant (CPA) license in active or inactive status.
  • Experience using data analytics to support financial decision-making, performance measures, or strategic planning, specifically experience with Microsoft Power Platform (Power BI, Power Apps, Power Automate).
  • Experience using State of Minnesota or comparable large-scale enterprise financial systems, such as SWIFT.
  • Experience preparing fiscal notes, legislative reports, executive financial reports, or comparable financial analyses for governing bodies and senior leadership.
  • Knowledge of state and federal financial regulations, governmental accounting standards, government contracting principles, and IT-related financial practices.
  • Proven ability to foster team development by promoting collaboration, trust, and knowledge sharing, while empowering individuals to achieve collective goals.
Additional Requirements

It is the policy of Minnesota IT Services that a successful candidate must pass all legally required checks prior to employment which may consist of the following:

  • SEMA4 Records Check (applies to current and past state employees only)
  • Criminal History Check
  • Reference Check
  • Social Security and Address Verification
  • Other legally required checks

Minnesota IT Services does not participate in the federal E-Verify program. Minnesota IT Services is unable to sponsor applicants for work visas, including F-1 STEM OPT extensions, and cannot complete Form I-9 or any other documentation requiring employer participation in E-Verify. All applicants must be legally authorized to work in the United States at the time of application.

To receive consideration as a Connect 700 Program applicant, apply online, email the Job ID#, the Working Title and your valid Proof of Eligibility Certificate by the closing date to Human Resources at w orkwithmnit@state.mn.us .

Veterans

To be considered for any Veteran's Status , you MUST indicate this on your application.

RECENTLY SEPARATED VETERANS (RSV) : Effective July 1, 2009, legislation provides that the top five RSV applicants who apply and meet the qualifications for a vacancy shall be granted an interview. You must:

  • Meet all Minimum Qualifications identified in this posting.

CERTAIN DISABLED VETERANS : Effective August 1, 2012, legislation provides state agencies with the option to appoint certain disabled veterans on a noncompetitive basis if you:

  • Meet service requirements and have a verified service-connected disability rating of at least 30%.
  • Provide qualifying documentation verifying the disability.
  • Meet all Minimum Qualifications identified in this posting.
  • Current State Employees: Please note that employment provisions (including but not limited to seniority and leave accrual) vary among the three branches of Minnesota State government. When considering a job with another branch of state government, you are highly encouraged to explore these differences. For assistance, please direct questions to your current or anticipated Human Resources office.
About Minnesota IT Services

Minnesota IT Services is the information technology agency for the State of Minnesota. MNIT partners with agencies, boards, councils, and commissions to deliver secure, reliable technology solutions as we set IT strategy, direction, policies, and standards statewide. Work for MNIT and be part of a nation-leading IT organization that helps to create an innovative government that works for everyone. Our culture promotes collaboration, demands agility, and encourages us to embrace change. Be a part of something bigger than yourself, something to be inspired by; come to work for MNIT.

Working together to improve the state we love.

What do Minnesota\'s State employees have in common?

  • A sense of purpose in their work
  • Connection with their coworkers and communities
  • Opportunities for personal and professional growth

As an employee, you\'ll have access to one of the most affordable health insurance plans in Minnesota, along with other benefits to help you and your family be well.

Your benefits may include:
  • Paid vacation and sick leave
  • 12 paid holidays each year
  • Low-cost medical, dental, vision, and prescription drug plans
    • Fertility care, including IVF
    • Diabetes care
    • Dental and orthodontic care for adults and children
  • 6 weeks paid leave for parents of newborn or newly adopted children
  • Pension plan that provides income when you retire (after working at least three years)
  • Employer paid life insurance to provide support for your family in the event of death
  • Short-term and long-term disability insurance that can provide income if you are unable to work due to illness or injury
  • Tax-free expense accounts for health, dental, and dependent care
  • Resources that provide support and promote physical, emotional, social, and financial well-being
Support to help you reach your career goals:
  • Training, classes, and professional development
  • Federal Public Service Loan Forgiveness Program (Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, visit the Federal Student Aid website at studentaid.gov )
Employee Assistance Program (EAP) for work/life support:
  • A voluntary confidential program that helps employees and their families with life challenges that may impact overall health, personal well-being, or job performance
  • Common sources of stress can be addressed through the EAP: mental health, relationship challenges (personal and work), grief and loss, finances, and legal issues
  • Daily Living/Convenience Services: Chore services, home repair, trip planning, child/elder care

Programs, resources and benefits eligibility varies based on type of employment, agency, funding availability, union/collective bargaining agreement, location, and length of service with the State of Minnesota.

EQUAL OPPORTUNITY EMPLOYERS

Minnesota state agencies are equal opportunity, affirmative action, and veteran-friendly employers. State agencies are committed to creating a workforce that reflects the diversity of the state and strongly encourages persons of color and Indigenous communities, members of the LGBTQIA2S+ community, individuals with disabilities, women, and veterans to apply. The varied experiences and perspectives of employees strengthen the work we do together and our ability to best serve Minnesotans.

All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, sex (including pregnancy, childbirth, and disabilities related to pregnancy or childbirth), gender identity, gender expression, marital status, familial status, age, sexual o


What State Of Minnesota employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


State of Minnesota logo

About State of Minnesota

Sourced by ZipRecruiter

The Minnesota State Demographic Center (SDC), part of the Minnesota Department of Administration, is the main provider of demographic data and analysis for the state of Minnesota. The SDC assists policymakers, state and local governments, businesses, nonprofits, the media, and all Minnesotans locate and understand the demographic data they need to make smart decisions.

Industry

Public administration

Company size

10,000+ Employees

Headquarters location

Saint Paul, MN, US

Year founded

1967

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