Company Confidential is a desirable employer for Chief Financial Officers where the median salary comes in around $197K, beating the field's national median of $127K annually. The information for this snapshot was generated by responses to the PayScale salary survey.

$68,667 - $218,315
$69K
$130K
$220K
MEDIAN: $126,753
10%
50%
90%

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$17.87 - $84.55
$18
$34
$85
MEDIAN: $33.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$90K$180K$270K
Salary
$68,667 - $218,315  
   
Bonus
$1,996 - $71,860  
Profit Sharing
$900 - $41,446  
Commission
$970 - $82,434  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$69,412 - $256,861  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 5,651
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$17.87 - $84.55  
   
Hourly Tips
$8.33  
Overtime
$0.00 - $88.33  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$1,996 - $71,860  
   
Commission
$970 - $82,434  
Profit Sharing
$900 - $41,446  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$69,412 - $256,861  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 136

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Job Description for Chief Financial Officer (CFO)

Chief financial officers (CFOs) oversee the financial operations of their companies and provide leadership and focus to accounting and finance departments to ensure that they operate efficiently and comply with applicable laws and company policies. Their work is essential to project a favorable company image while saving money in every way possible.

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Chief Financial Officer (CFO) Tasks

  • Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
  • Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by regulatory agencies.
  • Provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.

Common Career Paths for Chief Financial Officer (CFO)


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For Chief Financial Officers, progressing to a Chief Executive Officer role may result in a significant raise. On average, a Chief Executive Officer can earn $170K annually. A common career progression for a Chief Financial Officer is to become a VP of Finance or Chief Financial Officer or a Chief Operating Officer. Compared to Chief Financial Officers, the first group earns $9K more on average, and the second group earns $2K more.

Chief Financial Officer (CFO) Job Listings

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Popular Employer Salaries for Chief Financial Officer (CFO)

Popular Skills for Chief Financial Officer (CFO)


Survey takers working as Chief Financial Officers report using a large range of professional skills. Most notably, facility with Leadership, Strategic Planning, and Financial Modeling are correlated to pay that is significantly above average, leading to increases of 43 percent, 26 percent, and 19 percent, respectively. Those listing General Ledger Accounting as a skill should be prepared for drastically lower pay. Human Resources and Budgeting also typically command lower compensation. The majority of those who know Financial Analysis also know Senior Financial Management and Accounting.

Pay by Experience Level for Chief Financial Officer (CFO)

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Chief Financial Officers with a lot of experience tend to enjoy higher earnings. Although employees with less than five years' experience earn around $95K on average, the five-to-10 year group has a much higher, six-figure median of $112K. Chief Financial Officers claiming one to two decades of experience make an estimated median of $142K. Chief Financial Officers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $154K.

Pay Difference by Location

National Average: $136,186

Larger city markers indicate a job is popular in that location.

Above-average salaries for Chief Financial Officers can be found in New York, Chicago, and Los Angeles, the three largest cities in the United States.

Chief Financial Officer (CFO) Reviews

Q: What is it like working as a Chief Financial Officer (CFO)?

Chief Financial Officer (CFO) in Boise:
"Love It."
Pros: There's usually a right way and a wrong way to do most tasks.
Cons: The workload is enormous most of it is thankless non glamorous.

Related Job Salaries

Key Stats for Chief Financial Officer (CFO)

Gender

Female
37 %
Male
63 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 796 votes.
Less than 1 year
1%
1-4 years
8%
5-9 years
11%
10-19 years
32%
20 years or more
49%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Financial Officer (CFO) Salaries



National Average
$136,000



Skills That Affect Chief Financial Officer (CFO) Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 796 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
1%
1-4 years
8%
5-9 years
11%
10-19 years
32%
20 years or more
49%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 68%
vision benefits
Vision: 53%
dental benefits
None: 11%
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