Finance Officer Salary in Springfield, MA
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How much does a Finance Officer make in Springfield, MA? The average Finance Officer salary in Springfield, MA is $208,946 as of May 28, 2024, but the salary range typically falls between $177,482 and $247,039. 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.
Salary range for a Finance Officer
$177,482 to $247,039
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Finance Officer
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What does a Finance Officer do?
Common responsibilities of a Finance Officer
Prepare written executive summaries of proposed credit transactions by addressing key terms and conditions, addressing various risks with justification of mitigating factors, analysis of historical and projected financial performance and present recommendations to the management of the Credit Department, Americas Division (CDAD).
July 23, 2022
Leadership and administrative principles and practices, including goal setting, program development, implementation and evaluation, dispute mediation, and the management of employees through multiple levels of management.
November 30, 2022
Demonstrated technical competence in financial functional areas including financial reporting, internal controls development and implementation, financial planning and budgeting, financial systems implementation and management, and treasury and debt management.
December 13, 2022
Monitors and evaluates, on an ongoing basis, the appropriateness and accuracy of the revenue recognition and accounts receivable valuation of certain facilities under their direction in conjunction with system office functional leadership.
January 23, 2023
Assist executive management, principally the CEO and COO in the preparation of the monthly financial management report (attestation) and in the monthly business review with the enterprise COO and CFO Assure accurate completion (in accordance with generally accepted accounting principles) and appropriate dissemination of multi-Corporation fiscal reports, including but not limited to monthly profit and loss statements, budget reports, depreciation schedules and quarterly treasury reports for presentation to responsible parties.
February 28, 2023
Reviews the prepared financial statements for facilities under their direction and makes recommendations to the regional and system office functional leadership for any changes.
March 14, 2023
Participate in periodic reviews of the commercial lending portfolios under their purview with the Underwriting and Asset Management staff, including vulnerable assets rated watch, and monitoring delinquent loans.
March 16, 2023
Support finance department with general ledger detail entry, transaction coding, preparation of wire transfer requests, non-donor bank deposits, and other accounting transactions.
March 16, 2023
Provides guidance and oversight in the development, implementation, and modification of the budgets and financial processes to ensure they meet the administrative and programmatic needs of the units, ensure proper internal controls, and are consistent with campus and University principles, policies, and procedures.
March 18, 2023
Serves as a financial expert on cross-functional teams in the preparation of models, reviews assumptions and project costs and benefits associated with proposed strategies and key bankwide projects.
March 18, 2023
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Finance Officer Salary By Experience Levels in Springfield, MA
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RELEVANT JOB EXPERIENCE
Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.
Finance Officer Salary By Level of Education in Springfield, MA
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LEVEL OF EDUCATION
Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.
Average Salary Range for Finance Officer in Springfield, MA
Average Base Salary
Core compensation
177482
247039
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Finance Officer in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Finance Officer in Springfield, MA. The base salary for Finance Officer ranges from $177,482 to $247,039 with the average base salary of $208,946. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $189,734 to $280,719 with the average total cash compensation of $229,615.
View Average Salary for Finance Officer as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $208,946 | $177,482 - $247,039 |
| Bonus | $20,668 | $12,252 - $33,680 |
| Total Pay | $229,615 | $189,734 - $280,719 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Finance Officer Salary Near Springfield, MA
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Springfield, MA |
|---|---|---|
| CITY, STATE Chicopee, MA | AVERAGE SALARY RANGE $177,780 - $247,454 | COMPARE TO Springfield, MA |
| CITY, STATE Holyoke, MA | AVERAGE SALARY RANGE $177,780 - $247,454 | COMPARE TO Springfield, MA |
| CITY, STATE Westfield, MA | AVERAGE SALARY RANGE $177,780 - $247,454 | COMPARE TO Springfield, MA |
| CITY, STATE Manchester, CT | AVERAGE SALARY RANGE $184,254 - $256,466 | COMPARE TO Springfield, MA |
| CITY, STATE East Hartford, CT | AVERAGE SALARY RANGE $184,254 - $256,466 | COMPARE TO Springfield, MA |
| CITY, STATE Hartford, CT | AVERAGE SALARY RANGE $184,254 - $256,466 | COMPARE TO Springfield, MA |
See salaries for Finance Officer in locations close to Springfield, MA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.
About Springfield, Massachusetts
Springfield is located at 42°6′45″N 72°32′51″W / 42.11250°N 72.54750°W / 42.11250; -72.54750 (42.112411, −72.547455). According to the United States Census Bureau, the city has a total area of 33.1 square miles (85.7 km2), of which 31.9 square miles (82.5 km2) are land and 1.2 square miles (3.1 km2), or 3.65%, are water. Once nicknamed "The City in a Forest," Springfield features over 4.0 square miles (10.4 km2) of urban parkland, 12% of its total land area.
Located in the fertile Connecticut River Valley, surrounded by mountains, bluffs, and rolling hills in all cardinal directions, Spring...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
View Salary for Similar Jobs to Finance Officer in Springfield, MA
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| JOB TITLE Finance Resource Officer | LOCATION Springfield, MA | MINIMUM SALARY $61,660 | MAXIMUM SALARY $82,216 |
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