How much does a Chief Financial Officer make in Elmore, MN? The average Chief Financial Officer salary in Elmore, MN is $441,294 as of August 27, 2024, but the range typically falls between $333,602 and $570,833. 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 $235,555 Elmore,MN August 27, 2024
25th Percentile Chief Financial Officer Salary $333,602 Elmore,MN August 27, 2024
50th Percentile Chief Financial Officer Salary $441,294 Elmore,MN August 27, 2024
75th Percentile Chief Financial Officer Salary $570,833 Elmore,MN August 27, 2024
90th Percentile Chief Financial Officer Salary $688,772 Elmore,MN August 27, 2024
25% $333,602 10% $235,555 90% $688,772 75% $570,833 $441,294 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%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Chief Financial Officer higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Insight, you can get a 14% salary raise. If you are good at Integrity, your salary will increase by 13%. If you are expert in Treasury, your salary will rise by 12%.
Skill Salary Demand
Insight
$503,075
14%
Integrity
$498,662
13%
Treasury
$494,249
12%
Collaboration
$494,249
12%
Problem Solving
$494,249
12%
Finance and Accounting
$489,836
11%
Last Updated on August 27, 2024
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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 in Elmore, MN
  • Company Details. We are a global insurance provider offering property, casualty and professional insurance coverage for clients with technology exposure an...
    - 6 Days Ago
  • Chief Technology Officer (CTO). Job Summary. The Chief Technology Officer (CTO) will lead the company's technology strategy, development, and future growth...
    - 5 Days Ago
  • Enjoy the autonomy of working for yourself and building your financial future, while benefiting from corporate support. City Lifestyle is seeking a driven ...
    - 14 Days Ago
  • Enjoy the autonomy of working for yourself and building your financial future, while benefiting from corporate support. City Lifestyle is seeking a driven ...
    - 1 Month Ago
  • Enjoy the autonomy of working for yourself and building your financial future, while benefiting from corporate support. City Lifestyle is seeking a driven ...
    - 1 Month Ago
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%

Take just three simple steps below to generate your own personalized salary report

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

 
 
 
333602
570833
441294

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
410915
918796
601285
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 Elmore, MN. The base salary for Chief Financial Officer ranges from $333,602 to $570,833 with the average base salary of $441,294. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $410,915 to $918,796 with the average total cash compensation of $601,285.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

333602
570833

 

Step 3 of 3

How much should you be paid?

About Elmore, Minnesota    Elmore is a city in Faribault County, Minnesota, United States. The population was 663 at the 2010 census. Elmore was the boyhood home of former U.S. ....More

Elmore, Minnesota  area prices were up 1.3% from a year ago    View the Cost of Living in Elmore, Minnesota

Chief Financial Officer Salary in popular cities: MinneapolisSaint PaulRochester

Skills associated with Chief Financial Officer: ROI Analysis, Risk Management, Financial Management, Budgetary Controls ...More

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