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Finance Salary Guide

Overview of compensation in the finance industry

Finance Salary Guide

In this finance salary guide, we cover several finance jobs and their corresponding midpoint salaries for 2018. Regardless of the industry, a good finance professional is difficult to find. Competition to hire and retain top talent in the fields of finance and accounting remains tough.

 

Finance Salary Guide - Office Scene

 

Many employers offer higher salaries for top job candidates, but as the talent pool gets smaller, companies usually get a low turnover rate. Employers look for job candidates with experience in data analytics. They are also on the lookout for those who possess technological know-how that works together with traditional finance and accounting skills.

 

Finance Salary Guide – Jobs in the US

Companies from various industries offer higher salaries to attract top performers. Many also offer signing bonuses. In-demand jobs include accounting manager, controller, financial analyst, internal auditor, payroll manager, senior accountant, and staff accountant. Finance professionals are expected to remain in high demand across the board.

You can enhance your desirability by employers and earning power by picking up professional certifications such as the CFA – Chartered Financial Analyst – or CPA – Certified Professional Accountant. Adding specific skills such as financial modeling will also help to boost your career.

 

Finance Salary Guide in the US for 2018

The tables below show the finance salary guide for candidates with average experience and skill sets needed for the job. The figures do not include bonuses, incentives, and other forms of additional compensation:

 

Finance Jobs - Corporate AccountingBase Salary
Chief Financial Officer$192,500
Treasurer$185,000
Vice President, Finance$176,500
Director of Finance$145,500
Director of Accounting$140,000
Director of Financial Reporting$135,000
Corporate Controller$170,000
Controller$115,000
Divisional Controller$140,000
Assistant Controller$103,500

 

Finance Jobs - Public AccountingBase Salary
Chief Financial Officer$200,000
Controller$125,000
Accountant (5+ Years)$80,000
Accountant (3 to 5 Years)$70,000
Accountant (1 to 3 Years)$60,000
Product Controller - Manager$90,000
Product Controller (3 to 5 Years)$85,000
Product Controller (1 to 3 Years)$65,000
Financial Planning & Analysis - Manager$115,000
Financial Planning & Analysis (3 to 5 Years)$75,000
Financial Planning & Analysis (1 to 3 Years)$65,000

 

Finance Jobs - Financial ServicesBase Salary
Internal Auditor - Manager$115,000
Internal Auditor (3 to 5 Years)$85,000
Internal Auditor (1 to 3 Years)$68,000
Regulatory Reporting - Manager$110,000
Regulatory Reporting (3 to 5 Years)$75,000
Regulatory Reporting (1 to 3 Years)$57,750
Financial Analyst$75,000
Tax Accountant$65,000

 

Source: Robert Half 2018 Salary Guide for Accounting and Finance Professionals

 

FMVA Salary Guide

The average FMVA salary is $121,000 per year, based on a survey of 450 CFI students in 2018. Below is a detailed breakdown of how much salary professionals who have completed the FMVA program earn. Five percent of graduates earn over $250,000 and 22% earn over $150,000.

 

FMVA Salary Chart

 

As you can see in the histogram above, the ranges of compensation for FMVA graduates ranges as follows:

  • 8% earn less than $50,000
  • 18% earn $50,000 to $75,000
  • 20% earn $76,000 to $100,000
  • 32% earn $101,000 to $150,000
  • 17% earn $151,000 to $150,000
  • 5% earn more than $250,000

 

For anyone looking to become a world-class financial analyst, the FMVA program can be a legit way up increasing your skills and becoming a more accredited financial analyst.

 

Related Readings

Thank you for reading CFI’s finance salary guide. CFI is the official provider of the Financial Modeling and Valuation Analyst (FMVA)™ certification program, designed to transform anyone into a world-class financial analyst. To keep learning and developing your knowledge of financial analysis, we highly recommend the additional resources below:

  • Big Four Accounting Salary
  • Employee Stock Ownership Plan (ESOP)
  • Remuneration
  • Compensation Guides

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