The average salary for a Financial Officer is $60,087.
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$37k - $102k
$175 - $13k
$509 - $29k
$32k - $96k
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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 …Read more
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.
Popular Employer Salaries for Financial Officer
Financial Officer Job Listings
Popular Skills for Financial Officer
Skills in Financial Reporting are correlated to pay that is above average. Skills that pay less than market rate include Payroll Administration, Accounts Payable, Accounting and Financial Analysis.
Pay by Experience Level for Financial Officer
An entry-level Financial Officer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $41,369 based on 19 salaries. An early career Financial Officer with 1-4 years of experience earns an average total compensation of $46,995 based on 61 salaries. A mid-career Financial Officer with 5-9 years of experience earns an average total compensation of $55,305 based on 44 salaries. An experienced Financial Officer with 10-19 years of experience earns an average total compensation of $71,259 based on 47 salaries. In their late career (20 years and higher), employees earn an average total compensation of $71,899.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Financial Officer in their job title in Washington, District of Columbia earn an average of 99.7% more than the national average. These job titles also find higher than average salaries in Dallas, Texas (16.5% more). The lowest salaries can be found in Louisville, Kentucky (33.2% less), Westbrook, Connecticut (25.1% less) and Birmingham, Alabama (14.0% less).
Years of Experience
This data is based on 208 survey responses.