The average salary for a Chief Financial Officer (CFO) is $117,416 per year. Most people in this job have more than five years' experience in related jobs. Experience has a moderate effect on income for this job. The skills that increase pay for this job the most are Strategic Planning, Financial Modeling, and Senior Financial Management.
Chief Financial Officer (CFO) Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$64,374 - $201,247
(Median)
64K
86K
120K
150K
200K
MEDIAN: $117,415
10%
25%
50%
75%
90%
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Chief Financial Officer (CFO) Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$15.21 - $71.32
(Median)
15
25
47
71
MEDIAN: $25.00
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$90K$180K$270K
Salary
$64,374 - $201,247  
   
Bonus
$1,010 - $65,892  
Profit Sharing
$2,005 - $34,718  
Commission
$0.00 - $30,639  
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).
)
$64,547 - $245,077  
PayScale
Country: United States | Currency: USD | Updated: 23 Apr 2014 | Individuals Reporting: 9,772
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$15.21 - $71.32  
   
Overtime
$0.00 - $84.55  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$1,010 - $65,892  
   
Commission
$0.00 - $30,639  
Profit Sharing
$2,005 - $34,718  
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).
)
$64,547 - $245,077  
PayScale
Country: United States | Currency: USD | Updated: 23 Apr 2014 | Individuals Reporting: 9,772
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Job Description for Chief Financial Officer (CFO)
The Chief Financial Officer (CFO) is a top executive position among all businesses in which the position is incorporated. CFOs are the head in almost all financial decisions within a business and they only report to CEOs of the company. A company's success relies heavily on the wherewithal and business savvy of the CFO.
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Chief Financial Officer (CFO) Tasks
  • Provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.
  • Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by regulatory agencies.
  • Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit 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.
Pay Difference By Location
up arrow 56%
Boston
up arrow 36%
up arrow 28%
Seattle
up arrow 26%
up arrow 20%
Washington
up arrow 19%
Denver
up arrow 16%
up arrow 14%
Dallas
up arrow 9%
up arrow 5%
National Average
$125,000
Phoenix
up arrow 6%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Chief Financial Officer (CFO) Salaries

National Average
$125,000

Skills That Affect Chief Financial Officer (CFO) Salaries

Strategic Planning
up arrow 26%
Forecasting
up arrow 4%
Cash Flow Management
up arrow 1%
National Average
$125,000
Financial Reporting
up arrow 2%
People Management
up arrow 10%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 2847 votes.
Gender
Female
31%
female alumni
 
Male
69%
male alumni
Years of Experience
Less than 1 year
1%
1-4 years
8%
5-9 years
10%
10-19 years
34%
20 years or more
47%
Common Health Benefits
medical benefits Medical: 87% dental benefits Dental: 66%
vision benefits Vision: 47% employee benefits None: 11%
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