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Become A Chief Finance Officer In Austin, TX

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Working As A Chief Finance Officer In Austin, TX

  • Making Decisions and Solving Problems
  • Getting Information
  • Analyzing Data or Information
  • Processing Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Deal with People

  • Mostly Sitting

  • Make Decisions

  • $145,000

    Average Salary

What Does A Chief Finance Officer Do

The chief financial officer (CFO) is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management.

How To Become A Chief Finance Officer

Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst.

Education

A bachelor's degree in finance, accounting, economics, or business administration is often the minimum education needed for financial managers. However, many employers now seek candidates with a master’s degree, preferably in business administration, finance, or economics. These academic programs help students develop analytical skills and learn financial analysis methods and software.

Licenses, Certifications, and Registrations

Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. The CFA Institute confers the Chartered Financial Analyst (CFA) certification to investment professionals who have at least a bachelor’s degree, 4 years of work experience, and pass three exams. The Association for Financial Professionals confers the Certified Treasury Professional credential to those who pass an exam and have a minimum of 2 years of relevant experience.

Work Experience in a Related Occupation

Financial managers usually have experience in another business or financial occupation. For example, they may have worked as a loan officer, accountant, securities sales agent, or financial analyst. 

In some cases, companies provide formal management training programs to help prepare highly motivated and skilled financial workers to become financial managers.

Important Qualities

Analytical skills. Financial managers increasingly are assisting executives in making decisions that affect their organization, a task which requires analytical ability.

Communication skills. Excellent communication skills are essential because financial managers must explain and justify complex financial transactions.

Detail oriented. In preparing and analyzing reports such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors.

Math skills. Financial managers must be skilled in math, including algebra. An understanding of international finance and complex financial documents also is important.

Organizational skills. Financial managers deal with a range of information and documents and so they must stay organized to do their jobs effectively.

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Chief Finance Officer jobs

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Chief Finance Officer Demographics

Gender

  • Male

    59.8%
  • Female

    37.5%
  • Unknown

    2.8%

Ethnicity

  • White

    80.8%
  • Hispanic or Latino

    8.7%
  • Asian

    7.9%
  • Unknown

    1.7%
  • Black or African American

    0.8%
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Languages Spoken

  • Spanish

    43.9%
  • French

    13.2%
  • German

    6.5%
  • Mandarin

    5.7%
  • Chinese

    5.2%
  • Portuguese

    4.6%
  • Russian

    3.5%
  • Italian

    3.0%
  • Japanese

    2.8%
  • Arabic

    2.2%
  • Cantonese

    2.1%
  • Korean

    1.4%
  • Hindi

    1.0%
  • Dutch

    1.0%
  • Hebrew

    0.8%
  • Greek

    0.7%
  • Carrier

    0.7%
  • Swedish

    0.6%
  • Vietnamese

    0.6%
  • Tagalog

    0.6%
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Chief Finance Officer

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Chief Finance Officer Education

Chief Finance Officer

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Real Chief Finance Officer Salaries

Job Title Company Location Start Date Salary
Chief Financial Officer Advanced Micro Devices, Inc. Austin, TX Oct 05, 2009 $525,000
Chief Financial Officer Xbiotech USA Inc. Austin, TX Aug 01, 2017 $450,000
Chief Financial Officer Muzak LLC Austin, TX Mar 01, 2013 $230,000
Chief Financial Officer Selene Partners Inc. Austin, TX Jul 11, 2016 $187,830
Chief Financial Officer Yorktown Technologies Austin, TX Oct 20, 2014 $182,000
Chief Finance Officer Shippingeasy Inc. Austin, TX Oct 24, 2012 $180,000
Chief Financial Officer Greentech Builder LLC Austin, TX Oct 09, 2017 $168,000
Chief Financial Officer Greentech Builder LLC Austin, TX Oct 10, 2015 $168,000
Chief Financial Officer Yorktown Technologies Austin, TX Apr 25, 2016 $166,192
Chief Financial Officer Morgan Schiff & Co. Inc. Austin, TX Apr 22, 2013 $150,000 -
$180,000
Chief Financial Officer Chain Lakes Power, L.P. Austin, TX Feb 15, 2011 $145,000
Chief Financial Officer Chain Lakes Power, L.P. Austin, TX Feb 25, 2011 $145,000
Chief Financial Officer CLP GP Inc. Austin, TX Apr 18, 2011 $145,000
Treasurers, Controllers and Chief Financial Officers Consero Global Solutions Austin, TX Jul 14, 2010 $120,000
Chief Financial Officer (CFO) Goimar USA, LLC Austin, TX Jun 20, 2012 $117,728 -
$120,000
Treasurers, Controllers, and Chief Financial Officers Advanced Micro Devices, Inc. (AMD) Austin, TX Dec 11, 2009 $115,500
Chief Financial Officer AVM Subway LLC Austin, TX Jul 01, 2013 $103,813
Chief Financial Officer Advanced Development Centers of America Inc. Austin, TX Apr 17, 2009 $90,000
Treasurers, Controllers, and Chief Financial Officers Vias International, LLC Austin, TX Apr 15, 2009 $78,728
Chief Financial Officer Greater Austin Merchants Coop Association, Inc. Austin, TX May 05, 2008 $78,728
Chief Financial Officer MacRo House LLC Austin, TX Sep 15, 2018 $71,605
Chief Financial Officer ATX Environmental Solutions, LLC Austin, TX Sep 08, 2012 $66,000
Chief Financial Officer ATX Environmental Solutions, LLC Austin, TX Sep 18, 2012 $66,000
Chief Financial Officer ATX Environmental Solutions LLC Austin, TX Sep 20, 2012 $66,000

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Top Skills for A Chief Finance Officer

MonthlyFinancialStatementsPayrollEnsureComplianceAnnualAuditPrivateEquityAnnualRevenuesRiskManagementDueDiligenceOversightERPHumanResourcesGeneralLedgerInternalControlsBusinessPlanRealEstateFinancialReportsAnnualBudgetInformationTechnologyAdditionalGaap

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Top Chief Finance Officer Skills

  1. Monthly Financial Statements
  2. Payroll
  3. Ensure Compliance
You can check out examples of real life uses of top skills on resumes here:
  • Prepare monthly financial statements for review by partners as well as quarterly statements for banks.
  • Managed corporate finances including billing, payroll, accounts receivable/payable.
  • Communicated the Plan to employees and worked with banks, auditors and consultants to ensure compliance with Plan requirements.
  • Worked extensively with annual audit and cost report preparation.
  • Provided monthly operations updates to lenders and private equity partners.

Top Chief Finance Officer Employers

Chief Finance Officer Videos

DNA of a CFO | Career Advice from CFOs Aecon, Canadian Tire, Molson-Coors and Walmart

Inside Google’s New CFO’s $70M Pay Package

3 Things Role of the CFO YouTube

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