Working as a Finance Executive

There is more than meets the eye when it comes to being a finance executive. For example, did you know that they make an average of $48.79 an hour? That's $101,491 a year!

Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.

What Does a Finance Executive Do

There are certain skills that many finance executives 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 sales skills.

When it comes to the most important skills required to be a finance executive, we found that a lot of resumes listed 22.1% of finance executives included financial statements, while 11.2% of resumes included financial services, and 9.9% of resumes included portfolio. 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 finance executive job title. But what industry to start with? Most finance executives actually find jobs in the finance and technology industries.

How To Become a Finance Executive

If you're interested in becoming a finance executive, one of the first things to consider is how much education you need. We've determined that 46.3% of finance executives have a bachelor's degree. In terms of higher education levels, we found that 40.2% of finance executives have master's degrees. Even though most finance executives have a college degree, it's possible 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 finance executive. When we researched the most common majors for a finance executive, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on finance executive resumes include associate degree degrees or diploma degrees.

You may find that experience in other jobs will help you become a finance executive. In fact, many finance executive jobs require experience in a role such as chief finance officer. Meanwhile, many finance executives also have previous career experience in roles such as account executive or finance analyst.

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Average Salary$101,491
Job Growth Rate16%

Finance Executive Jobs

Finance Executive Career Paths

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Average Salary for a Finance Executive

Finance Executives in America make an average salary of $101,491 per year or $49 per hour. The top 10 percent makes over $185,000 per year, while the bottom 10 percent under $55,000 per year.
Average Salary
$101,491

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Local Programs & Finance Chief-Career Executive
Local Programs & Finance Chief-Career Executive
Wisconsin State Government
Wisconsin State Government
04/10/2020
04/10/2020
$74,88004/10/2020
$74,880
Finance Executive
Finance Executive
Wisconsin State Government
Wisconsin State Government
01/25/2020
01/25/2020
$81,12001/25/2020
$81,120
Finance Executive
Finance Executive
Migrant Clinicians Network
Migrant Clinicians Network
10/26/2019
10/26/2019
$38,00010/26/2019
$38,000
Executive-Finance Functional Management
Executive-Finance Functional Management
General Electric Company
General Electric Company
09/06/2019
09/06/2019
$370,00009/06/2019
$370,000
Finance Executive
Finance Executive
Idaho Division of Human Resources
Idaho Division of Human Resources
08/01/2019
08/01/2019
$83,48008/01/2019
$83,480
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Finance Executive Demographics

Gender

Male

56.2 %

Female

37.1 %

Unknown

6.7 %
Ethnicity

White

50.4 %

Asian

18.7 %

Hispanic or Latino

15.3 %
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Foreign Languages Spoken

Spanish

38.1 %

French

7.9 %

Hindi

6.3 %
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Finance Executive Education

Schools

Arizona State University

6.3 %

La Salle University

6.3 %

University of Rochester

6.3 %

University of San Francisco

4.8 %
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Majors

Finance

26.5 %

Business

23.4 %

Accounting

20.6 %

Management

5.0 %
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Degrees

Bachelors

46.3 %

Masters

40.2 %

Associate

4.1 %

Diploma

2.6 %
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Entry Level Jobs For Becoming A Finance Executive

Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Finance Executive

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 22.1% of finance executives listed financial statements on their resume, but soft skills such as analytical skills and math skills are important as well.

Best States For a Finance Executive

Some places are better than others when it comes to starting a career as a finance executive. The best states for people in this position are New York, New Jersey, West Virginia, and Virginia. Finance executives make the most in New York with an average salary of $134,590. Whereas in New Jersey and West Virginia, they would average $125,335 and $124,147, respectively. While finance executives would only make an average of $121,788 in Virginia, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Finance Executive Jobs:
1,100
Highest 10% Earn:
$228,000
Location Quotient:
1.32
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New Jersey

Total Finance Executive Jobs:
490
Highest 10% Earn:
$216,000
Location Quotient:
1
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Virginia

Total Finance Executive Jobs:
699
Highest 10% Earn:
$206,000
Location Quotient:
1.1
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Finance Executive Employers

1. Citi
4.9
Avg. Salary: 
$73,912
Finance Executives Hired: 
44+
2. Trilogy
4.4
Avg. Salary: 
$60,641
Finance Executives Hired: 
32+
3. Robert Half International
4.5
Avg. Salary: 
$42,552
Finance Executives Hired: 
31+
4. Zurich
4.9
Avg. Salary: 
$61,866
Finance Executives Hired: 
18+
5. IBM
4.7
Avg. Salary: 
$84,673
Finance Executives Hired: 
17+
6. HSBC North America Holdings
4.9
Avg. Salary: 
$77,514
Finance Executives Hired: 
14+

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Updated October 2, 2020