Finance Officer Salary

For Finance Officers, annual average wages total $54K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Job satisfaction is high and work is enjoyable for most Finance Officers. Medical benefits are awarded to a large number, and a majority earn dental coverage. Female Finance Officers survey participants are more prevalent than men — 64 percent of professionals. The data for this synopsis comes from respondents who took the PayScale salary survey.

$32,947 - $88,826
(Median)
$33K
$54K
$89K
MEDIAN: $54,177
10%
50%
90%

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$12.21 - $22.33
(Median)
$12
$18
$22
MEDIAN: $17.00
10%
50%
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$31K$62K$93K
Salary
$32,947 - $88,826  
   
Bonus
$0.00 - $17,879  
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).
)
$31,637 - $90,202  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 160
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$16$32$48
Hourly Rate
$12.21 - $22.33  
   
Overtime
$19.28 - $29.66  
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$32K$64K$96K
Bonus
$0.00 - $17,879  
   
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).
)
$31,637 - $90,202  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 29

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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.

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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

Finance Officer Job Listings

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Finance Officers note just a narrow range of job skills. Fortunate workers who know Financial Analysis command much higher paychecks, scoring salaries 44 percent above average. Skills that seem to negatively impact pay include General Ledger Accounting and Financial Reporting.

Pay by Experience Level for Finance Officer

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


For Finance Officers, experience does not seem to be a major factor in determining pay. People who have worked for fewer than five years bring home $48K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $52K. People with 10 to 20 years of experience make an average of about $62K in this role. Individuals who have achieved more than 20 years of experience don't seem to earn any more than people who have 10 to 20 years under their belts.

Related Job Salaries

United States (change)

Experience Affects Finance Officer Salaries

Late-Career
up arrow 21%

Experienced
up arrow 20%

Mid-Career
up arrow 1%

National Average
$51,000

Entry-Level
up arrow 7%

Skills That Affect Finance Officer Salaries

Financial Analysis
up arrow 44%

Accounting
up arrow 2%

National Average
$51,000

Financial Reporting
up arrow 8%

General Ledger Accounting
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 42 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

Less than 1 year
5%
1-4 years
36%
5-9 years
28%
10-19 years
23%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 65%
vision benefits Vision: 50% employee benefits None: 13%