CFO (Chief Financial Officer) salary in Chicago, IL
Average Base Salary in Chicago, IL
$256,323
$117,329
Additional Cash Compensation
$373,652
Total Compensation
Median: 250,000
Min: $153K
Max: $400K
How Much Does a CFO (Chief Financial Officer) Make in Chicago, IL?
The average salary for a CFO (Chief Financial Officer) in Chicago, IL is $256,323. The average additional cash compensation for a CFO (Chief Financial Officer) in Chicago, IL is $117,329. The average total compensation for a CFO (Chief Financial Officer) in Chicago, IL is $373,652. CFO (Chief Financial Officer) salaries are based on responses gathered by Built In from anonymous CFO (Chief Financial Officer) employees in Chicago, IL.
Add your CFO (Chief Financial Officer) in Chicago, IL salary info
CFO (Chief Financial Officer)
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Chicago, IL
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Salary Insights
CFO (Chief Financial Officer) Salary by gender
The average CFO (Chief Financial Officer) salary for women is $267,840 and the average CFO (Chief Financial Officer) salary for men is $248,417.
CFO (Chief Financial Officer) Salary by Years of Experience
The average salary for a CFO (Chief Financial Officer) with 7+ years of experience is $254,066.
CFO (Chief Financial Officer) Salary ranges
The most common CFO (Chief Financial Officer) salary in Chicago, IL is between $280k - $290k.
Average Finance salaries in Chicago, IL
| Job Title | Average Salary | Salary Range |
|---|---|---|
| Budget Analyst | $68,375 | Min: $46K Max: $135K |
| Accountant | $70,525 | Min: $42K Max: $146K |
| Financial Analyst | $81,570 | Min: $50K Max: $150K |
| Senior Accountant | $86,959 | Min: $57K Max: $160K |
| Senior Financial Analyst | $102,860 | Min: $65K Max: $225K |
| Controller | $138,269 | Min: $92K Max: $200K |
| Finance Director | $164,392 | Min: $115K Max: $240K |
| Vice President of Finance | $182,507 | Min: $120K Max: $250K |
| CFO (Chief Financial Officer) | $256,323 | Min: $153K Max: $400K |
FAQ
Q:
A.
A chief financial officer (CFO) is the highest financial leader in a company and is responsible for how a business allocates its resources while meeting financial goals.
Q:
How to become a chief financial officer (CFO)?
A.
A chief financial officer usually has a bachelor's degree in accounting, finance, economics, or a related field. Many also have advanced degrees beyond a bachelor's degree and at least 10 years of experience in the financial field.
Q:
How much does a chief financial officer (CFO) make?
A.
The salary range for a chief financial officer (CFO) is $42K-$245K. The average salary for a CFO (Chief Financial Officer) in Chicago, IL is $256,323.
Career Info
CFO (Chief Financial Officer) jobs in Chicago, IL
Skills that affect CFO (Chief Financial Officer) salaries in Chicago, IL
1
Budget Management
6% have this skill
2
Financial analysis
2% have this skill
3
Financial Accounting
2% have this skill
4
Financial Modeling
2% have this skill
5
Strategic Management
2% have this skill
6
Operational Analysis
1% have this skill
Average CFO (Chief Financial Officer) Salary by Company Size
People with the job title CFO (Chief Financial Officer) make the most at companies with 201-500 employees, earning $273,333 on average.
Recent CFO (Chief Financial Officer) salaries in Chicago, IL
$333,400
Yearly Salary
A CFO reported a yearly salary of $333,400 with +$360,474 in additional cash compensation
7+ Years of Experience
Female
201-500 Employees
Chicago, IL
$375,000
Yearly Salary
A CFO reported a yearly salary of $375,000 with +$391,261 in additional cash compensation
7+ Years of Experience
Female
201-500 Employees
Chicago, IL
$260,000
Yearly Salary
A Chief Financial Officer reported a yearly salary of $260,000 with +$100,000 in additional cash compensation
7+ Years of Experience
Male
51-200 Employees
Chicago, IL
$262,500
Yearly Salary
A CFO reported a yearly salary of $262,500 with +$105,000 in additional cash compensation
7+ Years of Experience
Male
51-200 Employees
Chicago, IL
$270,000
Yearly Salary
A Chief Financial Officer reported a yearly salary of $270,000 with +$94,500 in additional cash compensation
7+ Years of Experience
Male
201-500 Employees
Chicago, IL
$260,000
Yearly Salary
A Chief Financial Officer reported a yearly salary of $260,000 with +$104,000 in additional cash compensation
7+ Years of Experience
Male
51-200 Employees
Chicago, IL
$400,000
Yearly Salary
A CFO reported a yearly salary of $400,000 with +$75,000 in additional cash compensation
3-5 Years of Experience
Male
51-200 Employees
Chicago, IL
5-10 Reports
$235,000
Yearly Salary
A CFO (Chief Financial Officer) reported a yearly salary of $235,000 with +$65,000 in additional cash compensation
7+ Years of Experience
Male
501-1,000 Employees
Chicago, IL
$159,000
Yearly Salary
A CFO (Chief Financial Officer) reported a yearly salary of $159,000
51-200 Employees
Chicago, IL
$195,000
Yearly Salary
A CFO (Chief Financial Officer) reported a yearly salary of $195,000
7+ Years of Experience
Male
51-200 Employees
Chicago, IL