The salary of a VP of Finance in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of January 01, 2025, the average annual salary for a VP of Finance in the United States is $261,428. Salary.com reports that pay typically ranges from $229,205 to $299,987, with most professionals earning between $199,867 and $335,094.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $299,987 | $24,999 | $5,769 | $144 |
| Average | $261,428 | $21,786 | $5,027 | $126 |
| 25th Percentile | $229,205 | $19,100 | $4,408 | $110 |
An entry-level VP of Finance with less than 1 year of experience earns about $251,188. With 1-2 years of experience, the average salary increases to $255,807. For 2-4 years of experience, the pay typically rises to $261,965. Senior-level professionals with 5-8 years of experience earn around $269,662, and those with over 8 years of experience can expect an average of $277,360.
| Levels | Salary |
|---|---|
| Entry Level VP of Finance | $251,188 |
| Intermediate Level VP of Finance | $255,807 |
| Senior Level VP of Finance | $261,965 |
| Specialist Level VP of Finance | $269,662 |
| Expert Level VP of Finance | $277,360 |
| Entry Level | 4% |
| Mid Level | 2% |
| Senior Level | 0% |
| Top Level | 3% |
| Experienced | 6% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of January 01, 2025, our research reveals a significant shift in VP of Finance compensation over the past six years. For example, the median salary increased from $212,988 in 2023 to approximately $215,388 in 2024. (For a detailed analysis of VP of Finance salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of VP of Finance information for you to search for. Click on search button below to see VP of Finance job openings or enter a new job title here.
Here are companies hiring for VP of Finance and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $261,428 | 62.6% | ||
| Bonus | $62,552 | 15.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $15,151 | 3.6% | ||
| 401K/403B | $10,500 | 2.5% | ||
| Disability | $6,480 | 1.6% | ||
| Healthcare | $8,352 | 2.0% | ||
| Pension | $13,500 | 3.2% | ||
| Time Off | $39,874 | 9.5% | ||
| Total Compensation | $417,837 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| Associates | 5.5% |
| Bachelors | 27.3% |
| Masters | 63.6% |
| Doctorate | 3.6% |
What Am I Worth?
The average annual salary of VP of Finance is $261,428. In case you are finding an easy salary calculator, the average hourly pay of VP of Finance is $126; the average weekly pay of VP of Finance is $5,027; the average monthly pay of VP of Finance is $21,786.
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 $328,092.
The highest pay for VP of Finance is $335,094.
The lowest pay for VP of Finance is $199,867.
VP of Finance 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. Being a VP of Finance 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. Additionally, VP of Finance 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. The VP of Finance 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 VP of Finance typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.
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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Financial Management: Financial management focuses on ratios, equities and debts. It is useful for portfolio management,distribution of dividend,capital raising,hedging and looking after fluctuations in foreign currency and product cycles.Financial managers are the people who will do research and based on the research, decide what sort of capital to obtain in order to fund the company's assets as well as maximizing the value of the firm for all the stakeholders. It also refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of the 'Staff' in overall of a company. It has been defined differently by different experts in the field. The term typically applies to an organization or company's financial strategy, while personal finance or financial life management refers to an individual's management strategy. It includes how to raise the capital and how to allocate capital, i.e. capital budgeting. Not only for long term budgeting, but also how to allocate the short term resources like current liabilities. It also deals with the dividend policies of the share holders.
Supply Chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
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.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
