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Business enterprise officer vs chief finance officer

The differences between business enterprise officers and chief finance officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a business enterprise officer and a chief finance officer. Additionally, a chief finance officer has an average salary of $143,947, which is higher than the $86,205 average annual salary of a business enterprise officer.

The top three skills for a business enterprise officer include business process, ROI and process improvement. The most important skills for a chief finance officer are payroll, CPA, and oversight.

Business enterprise officer vs chief finance officer overview

Business Enterprise OfficerChief Finance Officer
Yearly salary$86,205$143,947
Hourly rate$41.44$69.21
Growth rate6%6%
Number of jobs115,251145,184
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 72%
Average age5252
Years of experience--

Business enterprise officer vs chief finance officer salary

Business enterprise officers and chief finance officers have different pay scales, as shown below.

Business Enterprise OfficerChief Finance Officer
Average salary$86,205$143,947
Salary rangeBetween $52,000 And $141,000Between $80,000 And $257,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew JerseyCalifornia
Best paying companyFive Star BankBaker McKenzie
Best paying industry-Construction

Differences between business enterprise officer and chief finance officer education

There are a few differences between a business enterprise officer and a chief finance officer in terms of educational background:

Business Enterprise OfficerChief Finance Officer
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 72%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Business enterprise officer vs chief finance officer demographics

Here are the differences between business enterprise officers' and chief finance officers' demographics:

Business Enterprise OfficerChief Finance Officer
Average age5252
Gender ratioMale, 83.7% Female, 16.3%Male, 71.9% Female, 28.1%
Race ratioBlack or African American, 3.0% Unknown, 3.8% Hispanic or Latino, 5.9% Asian, 6.1% White, 80.7% American Indian and Alaska Native, 0.6%Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between business enterprise officer and chief finance officer duties and responsibilities

Business enterprise officer example responsibilities.

  • Manage cost-centers and leverage unique Indian production and post- production capabilities and position the company as a prefer production partner.
  • Create an excellent relationship with the DBE community.
  • Set up and train production staff to utilize QuickBooks for assembly company inventory system for accurate information provide to commercial customers.
  • Work with compliance agencies (EPA, FTA, FHWA, FTA, HUD, BLM etc . )
  • Require extensive knowledge of trusts, annuities, mutual funds, stocks, capital markets and mortgages.

Chief finance officer example responsibilities.

  • Lead management team in developing and executing a combination of pricing and cost savings strategies that improve EBITDA more than threefold.
  • Lead the consolidation of financial and operational systems for non-acute services including rehabilitation and psychiatry services.
  • Lead system conversion to Hyperion planning budgeting/forecasting software, responsible for training, developing and implementation.
  • Manage all firm banking relationships, treasury functions and retain signatory authority for all partnership and corporate accounts.
  • Lead implementation of new worldwide consolidation system, Hyperion, significantly reducing closing time and improving controls over the consolidation process.
  • Prepare annual general ledger reconciliations and consolidate financial reports for CPA tax preparation.
  • Show more

Business enterprise officer vs chief finance officer skills

Common business enterprise officer skills
  • Business Process, 96%
  • ROI, 2%
  • Process Improvement, 1%
Common chief finance officer skills
  • Payroll, 7%
  • CPA, 6%
  • Oversight, 5%
  • Financial Reports, 4%
  • Human Resources, 4%
  • Internal Controls, 4%

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