There is more than meets the eye when it comes to being a chief finance and operating officer. For example, did you know that they make an average of $86.25 an hour? That's $179,394 a year!
Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.
There are certain skills that many chief finance and operating officers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, math skills and leadership skills.
When it comes to the most important skills required to be a chief finance and operating officer, we found that a lot of resumes listed 22.7% of chief finance and operating officers included financial statements, while 5.6% of resumes included internal controls, and 4.6% of resumes included procedures. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the chief finance and operating officer job title. But what industry to start with? Most chief finance and operating officers actually find jobs in the education and health care industries.
If you're interested in becoming a chief finance and operating officer, one of the first things to consider is how much education you need. We've determined that 42.8% of chief finance and operating officers have a bachelor's degree. In terms of higher education levels, we found that 46.1% of chief finance and operating officers have master's degrees. Even though most chief finance and operating officers have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a chief finance and operating officer. When we researched the most common majors for a chief finance and operating officer, we found that they most commonly earn master's degree degrees or bachelor's degree degrees. Other degrees that we often see on chief finance and operating officer resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a chief finance and operating officer. In fact, many chief finance and operating officer jobs require experience in a role such as chief finance officer. Meanwhile, many chief finance and operating officers also have previous career experience in roles such as controller or finance vice president.