Finance Officer Salary

The average Finance Officer in the United States can expect to rake in roughly $54K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Job satisfaction is reported as high by the vast majority of workers. Health benefits are not enjoyed by everyone in this line of work, and just under one in four lack any coverage at all. Medical benefits are reported by a strong majority and dental coverage is claimed by more than half. Finance Officers survey participants are largely women, dominating at 60 percent. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$31,080 - $101,637
$31K
$54K
$100K
MEDIAN: $54,042
10%
50%
90%

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$12.12 - $26.90
$12
$20
$27
MEDIAN: $19.52
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$50K$100K$150K
Salary
$31,080 - $101,637  
   
Bonus
$-0.49 - $30,304  
Profit Sharing
$1,250  
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).
)
$31,046 - $102,913  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 123
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$25$50$75
Hourly Rate
$12.12 - $26.90  
   
Overtime
$23.62  
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$50K$100K$150K
Bonus
$-0.49 - $30,304  
   
Profit Sharing
$1,250  
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).
)
$31,046 - $102,913  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 25

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United States (change)

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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

  • Coordinate financial record-keeping and oversee the development of yearly budgets.
  • Provide financial guidance and management expertise related to company operations and financial strategy
  • 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.

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Pay by Experience Level for Finance Officer

Pay by Experience for a Finance Officer has a positive trend. An entry-level Finance Officer with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 71 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $51,000 based on 53 salaries. An experienced Finance Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $61,000 based on 46 salaries. A Finance Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $68,000 based on 21 salaries.

Pay Difference by Location

National Average: $51,906

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

Finance Officers will find that Washington offers an impressive pay rate, one which exceeds the national average by 17 percent.

Related Job Salaries

Key Stats for Finance Officer

Gender

Female
60 %
Male
40 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 18 votes.
Less than 1 year
2%
1-4 years
36%
5-9 years
22%
10-19 years
26%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Finance Officer Salaries

Late-Career
▲31%

Experienced
▲18%

National Average
$52,000

Mid-Career
▼1%

▼12%

Skills That Affect Finance Officer Salaries

Senior Financial Management
▲95%

General Ledger Accounting
▲24%

Financial Reporting
▲24%

▲16%

National Average
$52,000

Financial Analysis
▼3%

Microsoft Excel
▼8%

Intuit QuickBooks
▼41%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 18 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
2%
1-4 years
36%
5-9 years
22%
10-19 years
26%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 55%
vision benefits
Vision: 45%
no benefits
None: 22%