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Finance Officer Average Salary

Change Country Pakistan » Job » Finance Officer Overview » Finance Officer Salary
Updated: 23 Aug 2014
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Rated 4 out of 5 based on 4 Finance Officer votes.
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Job Description for Finance Officer

Finance officers are executives who handle financial issues and decisions in a company. They may oversee accounting departments, review reports, and create budgets. Financial officers also may supervise spending, which can include investments and cash management; they may be responsible for preparing financial statements while maintaining compliance with state and federal government regulations. Managing an internal audit and reporting findings, as well as making recommendations based on that audit, is often part of the duties of a finance officer.

Finance officers typically work as a team, typically under tight deadlines; they also often work closely with the CEO and other officers within the company. Their typical hours are a business' regular hours, although some overtime might be required for special projects or under tight deadlines.

Companies typically select candidates that are trustworthy, honest, efficient, and ethical. This position requires strong accounting, analytical, problem solving, and computer skills as well. In terms of education, companies typically look for candidates with, at minimum, a bachelor’s degree in finance, accounting, or business administration; some may also seek post-graduate or master's level experience in an accounting program and some related financial experience. Professional certification is available for finance officers. One such certification is the certified public finance officer (CPFO); continuing education is required to maintain certifications, and many employers will provide or subsidize those opportunities.
Finance Officer Tasks
  • Supervise investment strategies, direct financial resources, and manage company assets.
  • Ensure that accounting, budget and audit controls and systems are in compliance with State, Federal and local rules and regulations.
  • Coordinate financial record-keeping and oversee the development of yearly budgets.
  • Provide financial guidance and management expertise related to company operations and financial strategy
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key statistics
Key Statistics for Finance Officer Salaries and Jobs

Female
25%
female alumni
 
Male
75%
male alumni
Years of Experience
Less than 1 year
13%
1-4 years
88%
Most Common Health Benefits
medical benefits Medical: 50% dental benefits Dental: 17%
vision benefits Vision: 17% employee benefits None: 50%

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