Entry-Level Chief Financial Officer (CFO) Salary

The average pay for an Entry-Level Chief Financial Officer (CFO) is $90,290 per year. A skill in Strategic Planning is associated with high pay for this job.

$50,578 - $159,567
$51K
$90K
$160K
MEDIAN: $90,290
10%
50%
90%

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$12.77 - $50.87
$13
$21
$51
MEDIAN: $20.56
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$60K$120K$180K
Salary
$50,578 - $159,567  
   
Bonus
$503 - $46,369  
Profit Sharing
$507 - $40,406  
Commission
$24,000  
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).
)
$49,901 - $178,439  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 712
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$30$60$90
Hourly Rate
$12.77 - $50.87  
   
Overtime
$35.00  
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$60K$120K$180K
Bonus
$503 - $46,369  
   
Commission
$24,000  
Profit Sharing
$507 - $40,406  
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).
)
$49,901 - $178,439  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 39

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Chief Financial Officer (CFO) Advice

Q: What do you wish you knew about your job when you first started out?

Chief Financial Officer (CFO) in Greensboro:
"Persevering and showing up is just as important as any skill."
Try to make your decisions as if you are the owner of the business - do what's best for the business as a whole, not necessarily you personally.

Chief Financial Officer (CFO) in New York:
"Know your role."
Hire people you trust! Working with numbers, it's hard not to want to be in the weeds verifying everything for yourself, but if you hire the right people and train them well, you'll be able to step back and do more CFO-level work.

Chief Financial Officer (CFO) in Austin:
"Leadership."
Interact and collaborate with others. Talk face to face or by telephone rather than email and text.

Chief Financial Officer (CFO) in Maple Heights:
"Key indicators of the business performance."
Keep it simple. Key indicators of the business performance.

Chief Financial Officer (CFO) in Riverside:
"Hard work and continuing education will help you succeed."
Review all your systems and discuss the shortcomings with the staff that uses them. Work with staff to get their buy-in on the new systems and their support in implementing the new systems.

Chief Financial Officer (CFO) in Toledo:
"Develop Strategic Thinking capabilities."
Most people who qualify to become a CFO have all of the financial stuff down cold and hopefully reasonably good leadership capabilities in both finance and IT. However, I typically see (and this was in myself too) a lack of strong strategic vision and the ability to partner with the CEO effectively in this area. This is a skill that can be developed through research, study, and experience.

Chief Financial Officer (CFO) in Tarrytown:
"Saying "No""
Compromise puts both your organization and customers at risk. Your signature and integrity are sacrosanct and should be respected as such.

Key Stats for Chief Financial Officer (CFO)

Gender

Female
42 %
Male
58 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.
Less than 1 year
6%
1-4 years
60%
5-9 years
34%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Chief Financial Officer (CFO) Salaries

Strategic Planning
▲38%

Financial Modeling
▲1%

National Average
$94,000

Senior Financial Management
▼2%

Financial Reporting
▼4%

Financial Analysis
▼5%

Budgeting
▼5%

Compliance (Financial)
▼8%

Forecasting
▼12%

Accounting
▼14%

Budget Management
▼18%

Operations Management
▼19%

General Ledger Accounting
▼20%

Microsoft Excel
▼22%

Accounts Payable
▼32%

Payroll Administration
▼35%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.

Gender

Female
42 %
Male
58 %

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 57%
vision benefits
Vision: 44%
no benefits
None: 19%