Chief Financial Officer Salary at Lower BETA

How much does a Lower Chief Financial Officer make?

As of December 2024, the average annual salary for a Chief Financial Officer at Lower is $453,361, which translates to approximately $218 per hour. Salaries for Chief Financial Officer at Lower typically range from $346,115 to $571,614, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
lower.com
Size:
1,000 - 3,000 Employees
Revenue:
$500M - $1B
Industry:
Financial Services

Lower is on a mission to help people build wealth through homeownership. The fintech company, based in Columbus, Ohio, offers a home finance platform that allows customers to deposit money and save for a home, get a mortgage to buy a home, refinance an existing mortgage, and obtain insurance to protect their home. This digital one-stop shop lowers the barriers to homeownership by helping customers across the country, no matter where they are in their homeownership journey. Those who prefer to work with a local realtor or builder can utilize their channel partner network and its expert advisors. Lower is a FNMA/FHLMC/GNMA seller-servicer that has funded billions in loans and has more than 16,000 reviews averaging five-stars in less than two years. They work with more than 35 major insurance carriers nationally including Nationwide, Liberty Mutual and Allstate. Lower has been named the best place to work by Columbus CEO and a top workplace nationwide by Glassdoor and Fortune. Lower was founded by Mike Baynes, Robert Tyson, Grayson Hanes, Chris Miller and Dan Snyder.

See similar companies related to Lower

What Skills Does a person Need at Lower?

At Lower, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  4. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  5. CPA: A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.

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Check more jobs information at Lower

Job Title Average Lower Salary Hourly Rate
2 Account Manager $83,154 $40
3 Advocate $176,752 $85
4 Business Development $85,998 $41
5 Business Development Representative $85,998 $41
6 Business Development Specialist $110,749 $53
7 Corporate Training Coordinator $75,481 $36
8 Director, Information Technology $210,053 $101
9 Director, Salesforce Development $176,684 $85
10 Director, Technology $210,053 $101
11 Director, Treasury Operations $182,468 $88
12 IT Project Engineer $126,978 $61
13 IT Support Analyst $70,309 $34

Hourly Pay at Lower

The average hourly pay at Lower for a Chief Financial Officer is $218 per hour. The location, department, and job description all have an impact on the typical compensation for Lower positions. The pay range and total remuneration for the job title are shown in the table below. Lower may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $453,361 look to you?

FAQ about Salary and Jobs at Lower

1. How much does Lower pay per hour?
The average hourly pay is $218. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Lower?
According to the data, the highest approximate salary is about $571,614 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Lower?
According to the data, the lowest estimated salary is about $346,115 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.