Finance Officer Salary

Average Finance Officers in the United States make around $57K annually. Experience level is the biggest factor affecting pay for this group, followed by geography. Most enjoy medical while the larger part get dental coverage. Vision coverage is also available to slightly more than half. Job satisfaction is high and work is enjoyable for most Finance Officers. More than half of Finance Officers (63 percent) survey participants are women. This snapshot results from replies to PayScale's salary survey.

$36,154 - $93,353
(Median)
$36K
$57K
$93K
MEDIAN: $56,696
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
$36,154 - $93,353  
   
Bonus
$0.00 - $19,271  
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).
)
$31,867 - $94,858  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 167
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 - $19,271  
   
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).
)
$31,867 - $94,858  
Country: United States | Currency: USD | Updated: 2 Jul 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 usually report a few specific skills. Fortunate workers who know Financial Analysis can expect a significant pay bump, scoring salaries 25 percent above average. Those listing General Ledger Accounting and Financial Reporting as skills, on the other hand, should be prepared for drastically lower pay.

Pay by Experience Level for Finance Officer

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


The average inexperienced worker earns $49K, and someone who has worked for five to 10 years can expect a bigger median salary of $53K. After working for 10 to 20 years, Finance Officers make a median salary of $66K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $62K on average.

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Experience Affects Finance Officer Salaries

Experienced
up arrow 24%

Late-Career
up arrow 17%

Mid-Career
up arrow 1%

National Average
$53,000

Entry-Level
up arrow 7%

Skills That Affect Finance Officer Salaries

Financial Analysis
up arrow 25%

Accounting
0%

National Average
$53,000

Financial Reporting
up arrow 9%

General Ledger Accounting
up arrow 22%

Job Satisfaction

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

Gender

Female
63 %
Male
37 %

Years of Experience

Less than 1 year
5%
1-4 years
36%
5-9 years
24%
10-19 years
25%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 65%
vision benefits Vision: 53% employee benefits None: 14%
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