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Finance Officer Salary

Finance Officers in the United States can expect to earn an average of $53K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Job satisfaction is high and work is enjoyable for most Finance Officers. Medical benefits are awarded to most, and a majority earn dental coverage. Finance Officers survey participants are largely women, dominating at 63 percent. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
$32,593 - $94,205
(Median)
33K
43K
53K
70K
94K
MEDIAN: $53,415
10%
25%
50%
75%
90%

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$12.16 - $23.15
(Median)
12
15
18
20
23
MEDIAN: $17.00
10%
25%
50%
75%
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
$32,593 - $94,205  
   
Bonus
$0.00 - $15,893  
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).
)
$31,562 - $93,299  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 155
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
$12.16 - $23.15  
   
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 - $15,893  
   
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).
)
$31,562 - $93,299  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 28
United States (change)

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 44 percent above average. Skills that seem to negatively impact pay include General Ledger Accounting and Financial Reporting.

Pay by Experience Level for Finance Officer

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


Finance Officers with a lot of experience do not necessarily enjoy more money. Relatively untried employees who have less than five years' experience have a median salary of $48K. Those who have been around for five to 10 years can expect to take home more — $52K on average. Finance Officers bring in $62K after working for 10 to 20 years. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $64K.

Related Job Salaries

Experience Affects Finance Officer Salaries

Late-Career
up arrow 25%

Experienced
up arrow 22%

Mid-Career
up arrow 1%

National Average
$51,000

Entry-Level
up arrow 6%

Skills That Affect Finance Officer Salaries

Financial Analysis
up arrow 44%

Accounting
up arrow 1%

National Average
$51,000

Financial Reporting
up arrow 12%

General Ledger Accounting
up arrow 19%

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
34%
5-9 years
29%
10-19 years
23%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 65%
vision benefits Vision: 49% employee benefits None: 12%