Finance Officer Salary

Median pay for Finance Officers in the United States is around $57K annually. Career duration is the biggest factor affecting pay for this group, followed by geography. Most Finance Officers report high levels of job satisfaction. The majority of Finance Officers (62 percent) who took the survey are women. Most report receiving medical coverage from their employers and a majority collect dental insurance. The data for this synopsis comes from respondents who took the PayScale salary survey.

$36,062 - $93,711
(Median)
$36K
$57K
$94K
MEDIAN: $56,525
10%
50%
90%

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$12.12 - $22.48
(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$32K$64K$96K
Salary
$36,062 - $93,711  
   
Bonus
$0.00 - $19,392  
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).
)
$31,810 - $95,200  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 165
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
$12.12 - $22.48  
   
Overtime
$17.41 - $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 - $19,392  
   
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).
)
$31,810 - $95,200  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 28
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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 only report a few specific skills. Fortunate workers who know Financial Analysis can expect a significant pay bump, scoring salaries 25 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.


The median compensation for relatively untried workers is $49K; in the five-to-10 year group, it's higher at around $53K. For Finance Officers, 10 to 20 years of experience on the job amounts to an average salary of $67K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $62K.

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Experience Affects Finance Officer Salaries

Experienced
up arrow 27%

Late-Career
up arrow 18%

Mid-Career
up arrow 1%

National Average
$53,000

Entry-Level
up arrow 6%

Skills That Affect Finance Officer Salaries

Financial Analysis
up arrow 25%

National Average
$53,000

Accounting
up arrow 1%

Financial Reporting
up arrow 8%

General Ledger Accounting
up arrow 21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 64%
vision benefits Vision: 53% employee benefits None: 14%
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