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The differences between chief scientific 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 chief scientific officer and a chief finance officer. Additionally, a chief finance officer has an average salary of $143,947, which is higher than the $103,182 average annual salary of a chief scientific officer.
The top three skills for a chief scientific officer include R, chemistry and business development. The most important skills for a chief finance officer are payroll, CPA, and oversight.
| Chief Scientific Officer | Chief Finance Officer | |
| Yearly salary | $103,182 | $143,947 |
| Hourly rate | $49.61 | $69.21 |
| Growth rate | 6% | 6% |
| Number of jobs | 66,518 | 145,184 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 72% |
| Average age | 52 | 52 |
| Years of experience | - | - |
Chief scientific officers are executives who manage a company's scientific, technological, and research operations. They are professionals who ensure that an organization's scientific and research facilities' primary concern aligns with the mission and vision they agreed on. These officers meet with other branches of the company to maintain their connections within the government and industry. To be successful in this position, these officers hone their scientific expertise and leadership skills. They also make formal presentations at medical or scientific meetings on behalf of their company.
A chief financial officer is responsible for managing and reviewing the financial status of a company. Chief financial officers' duties include ensuring the accuracy of financial reports, monitoring the company's expenses and budget goals, providing recommendations to prevent financial loss and increase revenues, processing the company's tax obligations, and resolving financial disputes. A chief financial officer must have an impeccable knowledge of the financial industry, updated with the current market trend, and strong leadership and decision-making skills to support the organization's financial department.
Chief scientific officers and chief finance officers have different pay scales, as shown below.
| Chief Scientific Officer | Chief Finance Officer | |
| Average salary | $103,182 | $143,947 |
| Salary range | Between $59,000 And $179,000 | Between $80,000 And $257,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Nevada | California |
| Best paying company | McKinsey & Company Inc | Baker McKenzie |
| Best paying industry | Energy | Construction |
There are a few differences between a chief scientific officer and a chief finance officer in terms of educational background:
| Chief Scientific Officer | Chief Finance Officer | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 72% |
| Most common major | Chemistry | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief scientific officers' and chief finance officers' demographics:
| Chief Scientific Officer | Chief Finance Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 75.5% Female, 24.5% | Male, 71.9% Female, 28.1% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% 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 Percentage | 12% | 12% |