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Finance officer salary
Average finance officer salary
$68,822
Finance Officer Salary Overview
The role of a Finance Officer is crucial in managing an organization's financial operations. As of October 2025, the average salary is $68,822 per year. This figure can vary significantly based on factors such as location and experience. For instance, finance officers in metropolitan areas often earn more due to the higher cost of living.
Salary by Experience
Entry-level finance officers typically start at lower salaries, while those with extensive experience can surpass the average by a substantial margin. For example, a finance officer with over ten years of experience may earn upwards of $85,000 annually.
Top-Paying States
States like California and New York offer higher salaries for finance officers, reflecting the demand for skilled professionals in these regions. Understanding these dynamics can help aspiring finance officers target their job searches effectively.
Opportunities in the Field
With various industries seeking financial expertise, finance officers have numerous opportunities for career advancement. From corporate finance to non-profit organizations, the skills of a finance officer are essential in ensuring fiscal health.
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Where can a Finance Officer earn more?
Finance officer salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level finance officer | $47,300 | $22.75 |
| Mid-level finance officer | $73,200 | $35.21 |
| Senior-level finance officer | $113,000 | $54.12 |
Finance officer salary estimates from across the web
Average finance officer salary by state
The highest-paying states for finance officers are Delaware, Rhode Island, and Massachusetts. The lowest average finance officer salary states are Montana, Hawaii, and Wyoming.
- State view
- County view
Highest paying states for finance officers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Rhode Island | $79,703 | $38.32 |
| 2 | Connecticut | $77,945 | $37.47 |
| 3 | Massachusetts | $79,479 | $38.21 |
| 4 | New York | $77,203 | $37.12 |
| 5 | Virginia | $74,803 | $35.96 |
| 6 | New Jersey | $76,813 | $36.93 |
| 7 | Delaware | $84,306 | $40.53 |
| 8 | New Hampshire | $74,632 | $35.88 |
| 9 | Maine | $71,709 | $34.48 |
| 10 | Pennsylvania | $74,074 | $35.61 |
| 11 | West Virginia | $75,531 | $36.31 |
| 12 | Arizona | $65,816 | $31.64 |
| 13 | Vermont | $68,457 | $32.91 |
| 14 | Maryland | $71,015 | $34.14 |
| 15 | District of Columbia | $75,917 | $36.50 |
| 16 | North Carolina | $66,974 | $32.20 |
| 17 | Nevada | $63,762 | $30.65 |
| 18 | Wisconsin | $63,020 | $30.30 |
| 19 | Washington | $65,683 | $31.58 |
| 20 | Texas | $64,674 | $31.09 |
| 21 | Oregon | $66,189 | $31.82 |
| 22 | Illinois | $63,514 | $30.54 |
| 23 | South Dakota | $62,294 | $29.95 |
| 24 | Mississippi | $61,321 | $29.48 |
| 25 | North Dakota | $56,630 | $27.23 |
| 26 | Minnesota | $60,804 | $29.23 |
| 27 | Ohio | $60,965 | $29.31 |
| 28 | New Mexico | $61,813 | $29.72 |
| 29 | Michigan | $60,724 | $29.19 |
| 30 | California | $66,744 | $32.09 |
| 31 | Utah | $60,603 | $29.14 |
| 32 | Iowa | $58,176 | $27.97 |
| 33 | Indiana | $60,639 | $29.15 |
| 34 | Idaho | $49,953 | $24.02 |
| 35 | Georgia | $49,786 | $23.94 |
| 36 | Alabama | $48,592 | $23.36 |
| 37 | Louisiana | $55,264 | $26.57 |
| 38 | Kansas | $57,300 | $27.55 |
| 39 | Kentucky | $54,673 | $26.29 |
| 40 | South Carolina | $53,667 | $25.80 |
| 41 | Colorado | $43,712 | $21.02 |
| 42 | Alaska | $56,016 | $26.93 |
| 43 | Nebraska | $47,321 | $22.75 |
| 44 | Arkansas | $51,255 | $24.64 |
| 45 | Tennessee | $47,122 | $22.65 |
| 46 | Wyoming | $47,126 | $22.66 |
| 47 | Florida | $50,530 | $24.29 |
| 48 | Missouri | $45,884 | $22.06 |
| 49 | Oklahoma | $47,747 | $22.96 |
| 50 | Hawaii | $47,180 | $22.68 |
| 51 | Montana | $47,186 | $22.69 |
Highest paying cities for finance officers
The highest-paying cities for finance officers are Boston, MA, Stamford, CT, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Boston, MA | $79,228 | $38.09 |
| 2 | Stamford, CT | $78,318 | $37.65 |
| 3 | New York, NY | $77,449 | $37.24 |
| 4 | New Brunswick, NJ | $76,814 | $36.93 |
| 5 | Washington, DC | $75,920 | $36.50 |
| 6 | Arlington, VA | $75,523 | $36.31 |
| 7 | Philadelphia, PA | $74,530 | $35.83 |
| 8 | Hayward, CA | $71,148 | $34.21 |
| 9 | Durham, NC | $69,499 | $33.41 |
| 10 | Olympia, WA | $66,571 | $32.01 |
| 11 | Houston, TX | $65,478 | $31.48 |
| 12 | Portland, OR | $65,451 | $31.47 |
| 13 | Chicago, IL | $64,132 | $30.83 |
| 14 | South Bend, IN | $62,629 | $30.11 |
| 15 | Dayton, OH | $59,254 | $28.49 |
| 16 | San Juan, PR | $55,272 | $26.57 |
| 17 | Miami, FL | $51,620 | $24.82 |
| 18 | Birmingham, AL | $48,206 | $23.18 |
| 19 | Omaha, NE | $47,957 | $23.06 |
| 20 | Clarksville, TN | $47,527 | $22.85 |
Finance officer salary details
A finance officer's salary ranges from $42,000 a year at the 10th percentile to $110,000 at the 90th percentile.
What is a finance officer's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $110,000 | $9,167 | $53 |
| 75th Percentile | $88,000 | $7,333 | $42 |
| Average | $68,822 | $5,735 | $33 |
| 25th Percentile | $53,000 | $4,417 | $25 |
| 10th Percentile | $42,000 | $3,500 | $20 |
Highest paying finance officer jobs
The highest paying types of finance officers are senior finance manager, finance leader, and finance controller.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Staff Accountant | $54,216 | $4,518 | $26.07 | 115,930 |
| Administrative & Finance Manager | $76,989 | $6,416 | $37.01 | 143,109 |
| Finance Analyst/Accountant | $62,975 | $5,248 | $30.28 | 118,043 |
| Finance Management Analyst | $71,934 | $5,995 | $34.58 | 184,284 |
| Manager/Finance Accounting | $91,315 | $7,610 | $43.90 | 132,824 |
| Finance Analyst | $69,887 | $5,824 | $33.60 | 138,600 |
How would you rate the starting salaries for finance officers, as well as the prospects for salary advancement?
Alyson Ma Ph.D.
Chair and Professor, University of San Diego
Coupled with work experience, students trained in Economics also outpace their peers to advance in their careers. According to Monster.com, a major in Economics ranks third on the fast track to $100K. Additionally, the Wall Street Journal shows that Economics has the highest Mid-Career 90th Percentile Salary for those with a bachelor's degree at $210,000.
A cautionary note is that Economics is not for everyone. Students who gravitate toward Economics tend to be fascinated by the world around them. They are the analytical type and appreciate the logical beauty of math. If you asked many 'why' questions when you were little, then Economics might be for you.
Top companies hiring finance officers now:
Which companies pay finance officers the most?
Finance officer salaries at Citi and Novartis are the highest-paying according to our most recent salary estimates. In addition, the average finance officer salary at companies like State Street and BNP Paribas are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Citi | $143,846 | $69.16 |
| 2 | Novartis | $133,334 | $64.10 |
| 3 | State Street | $122,434 | $58.86 |
| 4 | BNP Paribas | $113,213 | $54.43 |
| 5 | Morgan Stanley | $112,972 | $54.31 |
| 6 | UBS | $110,365 | $53.06 |
| 7 | BMO Capital Markets | $104,895 | $50.43 |
| 8 | Spencer Stuart | $102,917 | $49.48 |
| 9 | Sandy Spring Bank | $102,540 | $49.30 |
| 10 | First Hawaiian Bank | $98,088 | $47.16 |
| 11 | Bank of Hawaii | $98,080 | $47.15 |
| 12 | Wells Fargo | $95,395 | $45.86 |
| 13 | International Research & Exchanges | $94,514 | $45.44 |
| 14 | Liberty Mutual Insurance | $93,139 | $44.78 |
| 15 | World Learning | $90,402 | $43.46 |
| 16 | Columbia Bank | $89,898 | $43.22 |
| 17 | Stanford University | $87,218 | $41.93 |
| 18 | Regions Bank | $86,850 | $41.75 |
| 19 | Academy For Educational Development | $85,628 | $41.17 |
| 20 | Software Engineering Services | $84,936 | $40.83 |
Wage gap by gender, race and education
Finance officer salary trends
The average finance officer salary has risen by $13,859 over the last ten years. In 2014, the average finance officer earned $54,963 annually, but today, they earn $68,822 a year. That works out to a 10% change in pay for finance officers over the last decade.
Compare finance officer salaries for cities or states with the national average over time.
Average finance officer salary over time
Compare finance officer salaries for individual cities or states with the national average.
Finance officer salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $68,800 | $33.09 | +3.2% |
| 2024 | $66,600 | $32.03 | +1.5% |
| 2023 | $65,600 | $31.56 | +2.3% |
| 2022 | $64,200 | $30.84 | +2.7% |
| 2021 | $62,400 | $30.02 | +3.1% |
Recently added finance officer salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Spencer Stuart | Associate, Financial Officer Practice | Philadelphia, PA | 06/30/2025 | $100,000 |
| Wells Fargo | Lead Financial Crimes Officer-Product Risk Oversight | Minneapolis, MN | 06/27/2025 | $111,100 |
| Wells Fargo | Lead Financial Crimes Officer-Product Risk Oversight | Saint Louis, MO | 06/27/2025 | $111,100 |
| Wells Fargo | Lead Financial Crimes Officer-Product Risk Oversight | Irving, TX | 06/27/2025 | $111,100 |
| Citigroup Inc. | Lead Financial Officer Value & Lending-New York-C15/Dir | New York, NY | 06/25/2025 | $170,000 |
| Spencer Stuart | Associate, Financial Officer Practice | Ione, WA | 06/25/2025 | $100,000 |
| Wells Fargo | Lead Financial Crimes Officer | Charlotte, NC | 06/24/2025 | $111,100 |
| Ctbc Bank Corp Usa | Financial Relationship Officer | San Francisco, CA | 06/23/2025 | $55,000 |
| Bristol Township | Finance Officer | Bristol, PA | 06/23/2025 | $135,000 |
| UBS | Financial Crime Prevention Sanctions Officer | Nashville, TN | 06/19/2025 | $111,000 |
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