Financial Officer Salary

A Financial Officer earns an average salary of $54,437 per year. The skills that increase pay for this job the most are Budgeting and Financial Reporting. For the first five to ten years in this position, salary increases steeply, but any additional experience does not have a big effect on pay.

$32,447 - $103,042
$32K
$54K
$100K
MEDIAN: $54,437
10%
50%
90%

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$12.48 - $30.43
$12
$19
$30
MEDIAN: $19.04
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$32,447 - $103,042  
   
Bonus
$96.96 - $10,186  
Profit Sharing
$2,050  
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).
)
$31,785 - $99,238  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 86
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20$40$60
Hourly Rate
$12.48 - $30.43  
   
Overtime
$30.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$96.96 - $10,186  
   
Profit Sharing
$2,050  
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).
)
$31,785 - $99,238  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 14

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Job Description for Financial Officer

A financial officer is a crucial position when it comes to finances and proper investing. Depending on the setting, you will be responsible for advising an individual or company on how to allocate their resources in investments, expenditures, and other details involved in financials decisions. You will also be responsible for the creation of budgets and the accounting of a company. With those financial decisions, you will be required to create reports, charts, and other documents to display how your financial planning is being instituted and executed.

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Financial Officer Tasks

  • Coordinate financial record-keeping and oversee the development of yearly budgets.
  • Provide financial guidance and management expertise related to company operations and financial strategy
  • 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.

Common Career Paths for Financial Officer


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Finance Officer Job Listings

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Pay by Experience Level for Financial Officer

Pay by Experience for a Financial Officer has a positive trend. An entry-level Financial Officer with less than 5 years of experience can expect to earn an average total compensation of $43,000 based on 44 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $56,000 based on 30 salaries. An experienced Financial Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $55,000 based on 27 salaries. A Financial Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $56,000 based on 23 salaries.

Related Job Salaries

Key Stats for Financial Officer

Gender

Female
71 %
Male
29 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.
Less than 1 year
4%
1-4 years
30%
5-9 years
23%
10-19 years
20%
20 years or more
23%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Officer Salaries

Mid-Career
▲5%

Late-Career
▲5%

Experienced
▲4%

National Average
$53,000

Entry-Level
▼20%

Skills That Affect Financial Officer Salaries

Budgeting
▲33%

Financial Reporting
▲16%

Accounting
▲4%


National Average
$53,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
4%
1-4 years
30%
5-9 years
23%
10-19 years
20%
20 years or more
23%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 65%
vision benefits
Vision: 51%
no benefits
None: 18%