The average salary for a Chief Financial Officer (CFO) in New York, New York is $172,765.
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Job Description for Chief Financial Officer (CFO)
Chief financial officers (CFOs) oversee the financial operations of their companies and provide leadership and focus to accounting and finance departments to ensure that they operate efficiently and comply with applicable laws and company policies. Their work is essential to project a favorable company image while saving money in every way possible. CFOs may oversee departments which are involved in purchasing, pricing, investments, tax, debt management, and accounts payable/receivable; they ma…Read more
Chief Financial Officer (CFO) Tasks
- Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
- Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by regulatory agencies.
- Provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.
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Popular Skills for Chief Financial Officer (CFO)
Senior Financial Management
Skills in Strategic Planning and Senior Financial Management are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis, Accounting and Financial Reporting.
Pay by Experience Level for Chief Financial Officer (CFO)
An early career Chief Financial Officer (CFO) with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $120,386 based on 32 salaries. A mid-career Chief Financial Officer (CFO) with 5-9 years of experience earns an average total compensation of $144,921 based on 50 salaries. An experienced Chief Financial Officer (CFO) with 10-19 years of experience earns an average total compensation of $167,560 based on 170 salaries. In their late career (20 years and higher), employees earn an average total compensation of $199,859.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Chief Financial Officer (CFO) in their job title in San Francisco, California earn an average of 13.1% more than the national average. The lowest salaries can be found in Atlanta, Georgia (13.0% less), Houston, Texas (10.9% less) and Dallas, Texas (7.7% less).
Years of Experience
This data is based on 469 survey responses.
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