Salaries//Chicago, IL//CFO (Chief Financial Officer)

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.

CFO (Chief Financial Officer)
Accountant
Budget Analyst
CFO (Chief Financial Officer)
Controller
Finance Director
Financial Analyst
Senior Accountant
Senior Financial Analyst
Vice President of Finance
Account ExecutiveAccount ManagerAccountantAerospace EngineerAI EngineerAnalytics ManagerAndroid DeveloperApp DeveloperApplication EngineerArt DirectorAssociate Product ManagerAutomation EngineerAWS DeveloperBack End DeveloperBig Data EngineerBlockchain DeveloperBrand ManagerBudget AnalystBusiness AnalystBusiness Development ManagerBusiness Development RepresentativeBusiness Intelligence AnalystBusiness Intelligence DeveloperBusiness Intelligence DeveloperBusiness Intelligence ManagerCCO (Chief Creative Officer)CFO (Chief Financial Officer)Chief Information OfficerChief People OfficerCIO (Chief Information Officer)Client Success ManagerCloud EngineerCloud Security EngineerCMO (Chief Marketing Officer)Community ManagerContent ManagerContent Marketing ManagerContent StrategistControllerCOO (Chief Operating Officer)CopywriterCPO (Chief Product Officer)Creative Chief OfficerCreative DirectorCRO (Chief Revenue Officer)CTO (Chief Technology Officer)Customer Support ManagerCustomer Support RepCybersecurity EngineerData AnalystData ArchitectData EngineerData Engineering ManagerData ScientistDatabase AdministratorDatabase DeveloperDesign DirectorDesign EngineerDesktop SupportDevOps EngineerDigital Marketing ManagerDirector of AnalyticsDirector of Customer SuccessDirector of MarketingDirector of OperationsDirector of Product ManagementDirector of Product MarketingDirector of Software EngineeringEditorEmail Marketing ManagerEngineering ManagerEvent PlannerFinance DirectorFinancial AnalystFront End DeveloperFull Stack DeveloperGame DesignerGame DeveloperGraphic DesignerHardware EngineerHR CoordinatorHR DirectorHR ManagerHR SpecialistImplementation ManagerImplementation SpecialistInside Sales ManagerInside Sales RepresentativeInstructional DesigneriOS DeveloperIT EngineerJava DeveloperJavascript DeveloperJunior Business AnalystJunior Data AnalystJunior Data ScientistJunior Software DeveloperJunior Software EngineerJunior Web DeveloperLead Software EngineerMachine Learning EngineerMarket Research AnalystMarketing AnalystMarketing AssistantMarketing AssociateMarketing CoordinatorMarketing ManagerMarketing Operations ManagerMarketing Project ManagerMarketing SpecialistNetwork EngineerOffice ManagerOperations AssociateOperations ManagerPower BI DeveloperPrincipal Software EngineerProduct AnalystProduct DesignerProduct ManagerProduct Marketing ManagerProduct OwnerProject CoordinatorProject ManagerPublic Relations ManagerPublic Relations SpecialistPython DeveloperQA AnalystQA EngineerQA ManagerQuant DeveloperReact DeveloperRecruiterRobotics EngineerRPA DeveloperSales AssociateSales CoordinatorSales Development RepresentativeSales DirectorSales EngineerSales ManagerSales Operations AnalystSales Operations ManagerSalesforce DeveloperScrum MasterSecurity EngineerSenior AccountantSenior Business AnalystSenior Data AnalystSenior Data EngineerSenior Data ScientistSenior Financial AnalystSenior Graphic DesignerSenior Marketing ManagerSenior Product DesignerSenior Product ManagerSenior Product Marketing ManagerSenior Project ManagerSenior RecruiterSenior Software DeveloperSenior Software EngineerSenior Systems EngineerSenior Technical WriterSenior UI DesignerSenior UX DesignerSEO ManagerSEO SpecialistSite Reliability EngineerSocial Media ManagerSoftware DeveloperSoftware EngineerSoftware Sales RepresentativeSoftware Test EngineerSQL DeveloperSystems EngineerTableau DeveloperTech Sales RepresentativeTechnical Product ManagerTechnical Project ManagerTechnical RecruiterTechnical SupportTechnical WriterTest EngineerUI DesignerUX DesignerUX ResearcherVice President of CareVice President of EngineeringVice President of FinanceVice President of Human ResourcesVice President of MarketingVice President of OperationsVice President of PeopleVice President of ProductVice President of SalesVice President of Talent AcquisitionVisual DesignerWeb DesignerWeb DeveloperWordpress Developer

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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 TitleAverage SalarySalary Range
Budget Analyst$68,375
Min: $46K
Max: $135K
Accountant$70,803
Min: $42K
Max: $146K
Financial Analyst$81,570
Min: $50K
Max: $150K
Senior Accountant$87,338
Min: $57K
Max: $160K
Senior Financial Analyst$103,067
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:

What does a chief financial officer (CFO) do?

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
2% 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