How much does a Chief Financial Officer - Physician Practice make in Chicago, IL? The average Chief Financial Officer - Physician Practice salary in Chicago, IL is $327,551 as of April 24, 2024, but the range typically falls between $255,339 and $402,976. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Chief Financial Officer - Physician Practice Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Chief Financial Officer - Physician Practice Salary $189,595 Chicago,IL April 24, 2024
25th Percentile Chief Financial Officer - Physician Practice Salary $255,339 Chicago,IL April 24, 2024
50th Percentile Chief Financial Officer - Physician Practice Salary $327,551 Chicago,IL April 24, 2024
75th Percentile Chief Financial Officer - Physician Practice Salary $402,976 Chicago,IL April 24, 2024
90th Percentile Chief Financial Officer - Physician Practice Salary $471,647 Chicago,IL April 24, 2024
25% $255,339 10% $189,595 90% $471,647 75% $402,976 $327,551 50%(Median) Didn’t find job title? Click
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What skills does a Chief Financial Officer - Physician Practice need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

Balance Sheet: Balance Sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, business partnership, corporation, private limited company or other organization such as government or not-for-profit entity.

3.

Treasury: A treasury is either A government department related to finance and taxation, a finance ministry. A place or location where treasure, such as currency or precious items are kept.

Leadership 9.75%
Balance Sheet 2.01%
Treasury 1.18%
Others 87.06%

Job Description for Chief Financial Officer - Physician Practice

Chief Financial Officer - Physician Practice develops and directs the overall financial policies and procedures for a physician practice or group. Provides strategic direction of all financial functions, including accounting, budget, and tax/regulatory reporting. Being a Chief Financial Officer - Physician Practice ensures that proper financial auditing and controls are in place. Supports the overall business strategy while conforming with applicable laws and regulations. Additionally, Chief Financial Officer - Physician Practice designs, coordinates, and prepares a wide variety of accounting and statistical data and reports. Typically requires a MBA or equivalent. Typically reports to chief executive officer (ceo). The Chief Financial Officer - Physician Practice manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Chief Financial Officer - Physician Practice typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Chief Financial Officer - Physician Practice in Chicago, IL
  • Path Construction Central. is looking for an experienced and dynamic Chief Financial Officer to lead administrative, financial, and risk management operati...
    - 4 Days Ago
  • Company Overview: 1891 Financial Life is a leading life insurance carrier dedicated to providing financial protection and peace of mind to individuals and ...
    - 5 Days Ago
  • The Morton Arboretum, globally recognized for its century-long commitment to tree-focused science, conservation, and education, seeks a strategic and colla...
    - 2 Days Ago
  • Location(s). Chicago, Illinois, St. Louis, Missouri. Details. Kemper is one of the nation's leading specialized insurers. Our success is a direct reflectio...
    - 2 Days Ago
  • Job Description. Position. Chief Financial Officer. Reports to. President &. Chief Executive Officer. Status. Exempt. Hours. Full-Time / Minimum of 40 hour...
    - 2 Days Ago
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Chief Financial Officer - Physician Practice salary varies from city to city. Compared with national average salary of Chief Financial Officer - Physician Practice, the highest Chief Financial Officer - Physician Practice salary is in San Francisco, CA, where the Chief Financial Officer - Physician Practice salary is 25.0% above. The lowest Chief Financial Officer - Physician Practice salary is in Miami, FL, where the Chief Financial Officer - Physician Practice salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
255339
402976
327551

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
273387
487971
363324
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Financial Officer - Physician Practice in Chicago, IL. The base salary for Chief Financial Officer - Physician Practice ranges from $255,339 to $402,976 with the average base salary of $327,551. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $273,387 to $487,971 with the average total cash compensation of $363,324.
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255339
402976

 

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About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Chief Financial Officer - Physician Practice Salary in popular cities: AuroraRockfordJoliet

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