How much does a Chief Financial Officer make in the United States? The average Chief Financial Officer salary in the United States is $442,206 as of June 27, 2024, but the range typically falls between $334,295 and $572,006. 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 Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Chief Financial Officer Salary $236,048 US June 27, 2024
25th Percentile Chief Financial Officer Salary $334,295 US June 27, 2024
50th Percentile Chief Financial Officer Salary $442,206 US June 27, 2024
75th Percentile Chief Financial Officer Salary $572,006 US June 27, 2024
90th Percentile Chief Financial Officer Salary $690,182 US June 27, 2024
25% $334,295 10% $236,048 90% $690,182 75% $572,006 $442,206 50%(Median) Didn’t find job title? Click
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What skills does a Chief Financial Officer 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.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.

3.

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.

Analysis 5.43%
General Ledger 2.47%
Balance Sheet 1.41%
Others 90.69%
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Job Description for Chief Financial Officer

Chief Financial Officer is responsible for developing an organization's overall financial policies. Provides strategic direction of all financial functions including accounting, budget, credit, insurance, tax, and treasury. Being a Chief Financial Officer ensures that proper financial controls are in place and that financial transactions support the overall business strategy while conforming with applicable laws and regulations. Requires an advanced degree. Additionally, Chief Financial Officer may require the Certified Public Accountant (CPA) credential. Typically reports to chief executive officer (CEO) or chief operating officer (COO). Responsible for the development of functional or business unit strategy for the entire organization. Defines corporate vision and strategy establishes company direction and focus. Executes multiple high impact initiatives to achieve overall corporate goals. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Chief Financial Officer
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Those that have already made the climb...
Raymond V. Damadian, Chairman of the Board; Acting Principal Financial Officer; Director
FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates in two segments, Medical Equipment, and Physician Management and Di... More
Fiscal Year Ended in 2022
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Chief Financial Officer salary varies from city to city. Compared with national average salary of Chief Financial Officer, the highest Chief Financial Officer salary is in San Francisco, CA, where the Chief Financial Officer salary is 25.0% above. The lowest Chief Financial Officer salary is in Miami, FL, where the Chief Financial Officer 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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Step 1 of 3

Understand the total compensation opportunity for a Chief Financial Officer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
334295
572006
442206

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
411769
920680
602529
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Financial Officer in the United States. The base salary for Chief Financial Officer ranges from $334,295 to $572,006 with the average base salary of $442,206. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $411,769 to $920,680 with the average total cash compensation of $602,529.
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334295
572006

 

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Skills associated with Chief Financial Officer: Financial Analysis Software, Presentations/Presenting, Accounting Software, Fiscal Management ...More

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Chief Financial Officer Salary in United States
Chief Financial Officer Salary Graph, Regional Distribution and Summary