Vice President (VP) Finance & Chief Financial Officer (CFO) Salary

The average salary for a Vice President (VP) Finance & Chief Financial Officer (CFO) is $150,690.

10%

50%

90%

MEDIAN $150,690

Salary

$87k - $241k

Bonus

$4k - $86k

Profit Sharing

$3k - $50k

Commission

$0 - $31k

Total Pay

$90k - $299k

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Job Description for Vice President (VP) Finance & Chief Financial Officer (CFO)

Vice presidents of finance and chief financial officers perform very similar job duties. As such, their titles can be interchangeable depending on the size of a given company. When both positions exist in a company, CFOs are generally considered to be more strategically-oriented and forward thinking whereas finance VPs ensure that their respective company's finances are managed appropriately and effectively. However, both positions report to and/or work closely with the president and the CEO of …Read more

Vice President (VP) Finance & Chief Financial Officer (CFO) Tasks

Oversee all financial related matters where depth and scope is relative to the size of the company.
Create financial plans as defined by the board of directors.
Direct financing strategies, analysis, forecasting and budget management.
Direct all aspects of accounting operations such as receivables, payables, payroll and financial reporting.

Popular Employer Salaries for Vice President (VP) Finance & Chief Financial Officer (CFO)

Adventist Health Care

$160k

Vice President (VP) Finance & Chief Financial Officer (CFO) Job Listings

Popular Skills for Vice President (VP) Finance & Chief Financial Officer (CFO)

Financial Reporting

$148,767

144 responses

Financial Analysis

$151,263

114 responses

Accounting

$138,249

103 responses

Strategic Planning

$159,341

99 responses

Financial Modeling

$162,348

90 responses

Skills in Financial Analysis, Strategic Planning and Financial Modeling are correlated to pay that is above average. Skills that pay less than market rate include Accounting and Financial Reporting.

Pay by Experience Level for Vice President (VP) Finance & Chief Financial Officer (CFO)

An entry-level Vice President (VP) Finance & Chief Financial Officer (CFO) with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $116,082 based on 31 salaries. An early career Vice President (VP) Finance & Chief Financial Officer (CFO) with 1-4 years of experience earns an average total compensation of $120,108 based on 135 salaries. A mid-career Vice President (VP) Finance & Chief Financial Officer (CFO) with 5-9 years of experience earns an average total compensation of $128,282 based on 260 salaries. An experienced Vice President (VP) Finance & Chief Financial Officer (CFO) with 10-19 years of experience earns an average total compensation of $151,269 based on 739 salaries. In their late career (20 years and higher), employees earn an average total compensation of $163,704.

Pay Difference by Location

Learn more about cost of living by city.

Chicago, Illinois

▲32%

Los Angeles, California

▲30%

Boston, Massachusetts

▲18%

▲15%

▲11%

▲9%

▼8%

Employees with Vice President (VP) Finance & Chief Financial Officer (CFO) in their job title in Chicago, Illinois earn an average of 31.6% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (30.0% more) and Boston, Massachusetts (18.3% more). The lowest salaries can be found in Dallas, Texas (7.5% less).