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Finance Officer Salary

For Finance Officers, yearly average wages total $56K 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. Most report receiving medical coverage from their employers and more than half collect dental insurance. Female Finance Officers are more common than men among those who completed the survey; more than half (62 percent) are women. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$34,538 - $91,066
(Median)
$35K
$56K
$91K
MEDIAN: $55,557
10%
50%
90%

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$12.26 - $22.40
(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
$34,538 - $91,066  
   
Bonus
$0.00 - $17,452  
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).
)
$31,606 - $92,626  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 162
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
$12.26 - $22.40  
   
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 - $17,452  
   
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).
)
$31,606 - $92,626  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 30

Find Out Exactly What You Should Be Paid

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

  • 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 report a narrow range of specific skills. Fortunate workers who know Financial Analysis can expect a significant pay bump, scoring salaries 27 percent above average. General Ledger Accounting and Financial Reporting, on the other hand, are typically associated with much lower pay.

Pay by Experience Level for Finance Officer

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


Folks with fewer than five years of experience take home $49K on average, and those who have worked for five to 10 years see a bigger median salary of $52K. Finance Officers who work for 10 to 20 years in their occupation tend to earn about $64K. Finance Officers who have stuck around for more than two decades see earnings that are no higher than those of folks who have worked for 10 to 20 years.

Related Job Salaries

United States (change)

Experience Affects Finance Officer Salaries

Experienced
up arrow 24%

Late-Career
up arrow 23%

Mid-Career
up arrow 1%

National Average
$52,000

Entry-Level
up arrow 6%

Skills That Affect Finance Officer Salaries

Financial Analysis
up arrow 27%

Accounting
up arrow 1%

National Average
$52,000

Financial Reporting
up arrow 7%

General Ledger Accounting
up arrow 20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 39 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
5%
1-4 years
37%
5-9 years
26%
10-19 years
24%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 64%
vision benefits Vision: 51% employee benefits None: 13%
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