As of September 01, 2026, the average salary for a VP of Finance in the United States is $250,349 per year, which breaks down to an hourly rate of $120.
However, a VP of Finance's salary can vary significantly. Here’s a look at the typical salary range:
VP of Finance Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $273,995 | $22,833 | $5,269 | $132 |
| Average | $250,349 | $20,862 | $4,814 | $120 |
| 25th Percentile | $222,948 | $18,579 | $4,287 | $107 |
A VP of Finance's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a VP of Finance's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Finance Senior Manager | 5+ years | $168,019 |
| Finance Director | 5+ years | $203,624 |
| VP of Finance | 5+ years | $250,349 |
| SVP of Finance | 5+ years | $297,124 |
| Chief Financial Officer | 5+ years | $438,708 |
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 4.5% |
| Digital Signage | 2% |
| Data Entry | 1.5% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a VP of Finance's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Manufacturing Technology | $282,894 | |
| Profitability Analysis | $275,384 | |
| Building Relationships | $262,866 |
VP of Finance salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $279,775. While startup companies pay approximate $236,661.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $236,661 |
| Growth Stage | 51~500 | $250,293 |
| Established | 501~5000 | $270,159 |
| Enterprise | 5000+ | $279,775 |
Your level of education can impact your salary potential. While many VP of Finance enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an VP of Finance with a Bachelor's Degree is between $261,965 and $292,792.
| Typical Education for VP of Finance | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 5.5% |
| High School | 27.3% |
| Associates | 5.5% |
| Bachelors | 27.3% |
| Masters | 63.6% |
| Doctorate | 3.6% |
Understanding how a VP of Finance's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $273,995 | $22,833 | $5,269 | $132 |
| Average | $250,349 | $20,862 | $4,814 | $120 |
| 25th Percentile | $222,948 | $18,579 | $4,287 | $107 |
Next Role
Advancement
For a VP of Finance, the most direct path to higher earnings is advancing to the SVP of Finance role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $297,124 - a projected growth of 19% over your current level.
Salaries for a VP of Finance can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $212,988 in 2023 to around $212,478 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of VP of Finance salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $212,988 |
| 2024 | $215,388 |
| 2025 | $212,478 |
| 2026 |
View More
|
| 2027 |
View More
|
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A VP of Finance's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a VP of Finance earns the most in San Jose, CA, where the annual salary of a VP of Finance is $315,765.
The highest pay for VP of Finance is $295,523.
The lowest pay for VP of Finance is $198,001.
Oversees an organization's financial operations, reporting, and governance to ensure financial health and support high-level strategic planning. Provides regulatory oversight for financial reporting and accounting to ensure operations are compliant and responsive to operational or regulatory changes. Collaborates with senior leaders to understand business needs, develop strategies, and ensure financial goals support business objectives. Reviews and approves budgets and forecasts to ensure resources and efforts align with the organization's mission. Evaluates and improves financial modeling and analytical tools to measure and forecast the impact of various economic scenarios, risks, and business changes. Identifies and oversees funding through debt, equity, and various financial instruments to support business operations, optimize cash flow, and manage risk. Requires a master's degree in accounting or finance. Typically reports to senior management. 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. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.
The Software & Networking industry offers the highest average compensation for VP of Finance roles, with salaries approximately 14% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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