Finance Officer Salary

Finance Officers in the United States pull down an average of $56K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Women make up the majority of Finance Officers (62 percent) who completed the questionnaire. Job satisfaction is high and work is enjoyable for most Finance Officers. Medical benefits are awarded to most, and a majority earn dental coverage.

$34,861 - $103,281
(Median)
$35K
$56K
$100K
MEDIAN: $55,997
10%
50%
90%

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$11.63 - $23.49
(Median)
$12
$17
$23
MEDIAN: $17.00
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$50K$100K$150K
Salary
$34,861 - $103,281  
   
Bonus
$0.00 - $20,426  
Profit Sharing
$1,750  
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).
)
$31,462 - $101,537  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 195
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
$11.63 - $23.49  
   
Overtime
$8.21 - $62.10  
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
$0.00 - $20,426  
   
Profit Sharing
$1,750  
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).
)
$31,462 - $101,537  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 36
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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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Overall, survey participants reported applying a fair number of skills to their work. Most notably, facility with Senior Financial Management, Financial Analysis, and Accounting are correlated to pay that is significantly above average, leading to increases of 73 percent, 27 percent, and 14 percent, respectively. Those listing Intuit QuickBooks as a skill should be prepared for drastically lower pay. General Ledger Accounting and Microsoft Excel also typically command lower compensation.

Pay by Experience Level for Finance Officer

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


Finance Officers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Salaries for inexperienced workers average out to $52K, and those with five to 10 years' experience earn a higher median of $48K. Finance Officers see a median salary of $65K after reaching one to two decades on the job. Finance Officers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $66K.

Related Job Salaries

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Experience Affects Finance Officer Salaries

Late-Career
up arrow 27%

Experienced
up arrow 25%

National Average
$52,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 8%

Skills That Affect Finance Officer Salaries

Senior Financial Management
up arrow 73%

Financial Analysis
up arrow 27%


National Average
$52,000

Financial Reporting
up arrow 7%

Microsoft Excel
up arrow 13%

General Ledger Accounting
up arrow 20%

Intuit QuickBooks
up arrow 41%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
4%
1-4 years
35%
5-9 years
24%
10-19 years
25%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 63%
medical benefits
Vision: 53%
dental benefits
None: 17%
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