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Finance Officer Salary

Finance Officers in the United States can expect wages of $55K annually on average. Experience level is the biggest factor affecting pay for this group, followed by geography. Job satisfaction is high and work is enjoyable for most Finance Officers. Women account for the majority of Finance Officers who responded to the questionnaire — 63 percent to be exact. Most report receiving medical coverage from their employers and a majority collect dental insurance.

$33,728 - $92,234
(Median)
$34K
$55K
$92K
MEDIAN: $55,238
10%
50%
90%

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$12.21 - $22.44
(Median)
$12
$18
$22
MEDIAN: $18.00
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$32K$64K$96K
Salary
$33,728 - $92,234  
   
Bonus
$0.00 - $17,000  
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).
)
$31,776 - $93,704  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 164
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 - $22.44  
   
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 - $17,000  
   
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).
)
$31,776 - $93,704  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 29

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 who responded to the survey report just a handful of professional 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 as skills, however, tend to be associated with significantly smaller paychecks.

Pay by Experience Level for Finance Officer

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


Salaries for inexperienced workers average out to $53K, and those with five to 10 years' experience earn a higher median of $49K. Finance Officers claiming one to two decades of experience make an estimated median of $65K. Survey participants with more than twenty years of experience only make around $64K on average, though; this group reports a lower median than the one claimed by mid-career individuals.

Related Job Salaries

United States (change)

Experience Affects Finance Officer Salaries

Experienced
up arrow 25%

Late-Career
up arrow 23%

Mid-Career
up arrow 2%

National Average
$52,000

Entry-Level
up arrow 7%

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 41 votes.

Gender

Female
63 %
Male
37 %

Years of Experience

Less than 1 year
5%
1-4 years
37%
5-9 years
26%
10-19 years
23%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 64%
vision benefits Vision: 51% employee benefits None: 14%
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