Salaries//Detroit, MI//CFO (Chief Financial Officer)

CFO (Chief Financial Officer) salary in Detroit, MI

Average Base Salary in Detroit, MI

$210,000
$18,500
Additional Cash Compensation
$228,500
Total Compensation
Median: 202,000
Min: $180K
Max: $245K

How Much Does a CFO (Chief Financial Officer) Make in Detroit, MI?

The average salary for a CFO (Chief Financial Officer) in Detroit, MI is $210,000. The average additional cash compensation for a CFO (Chief Financial Officer) in Detroit, MI is $18,500. The average total compensation for a CFO (Chief Financial Officer) in Detroit, MI is $228,500. CFO (Chief Financial Officer) salaries are based on responses gathered by Built In from anonymous CFO (Chief Financial Officer) employees in Detroit, MI.

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

CFO (Chief Financial Officer) Salary by Years of Experience

The average salary for a CFO (Chief Financial Officer) with 7+ years of experience is $194,000.

CFO (Chief Financial Officer) Salary ranges

The most common CFO (Chief Financial Officer) salary in Detroit, MI is between $220k - $230k.

Average Finance salaries in Detroit, MI

Job TitleAverage SalarySalary Range
Accountant$73,857
Min: $60K
Max: $100K
Budget Analyst$77,286
Min: $65K
Max: $93K
Senior Accountant$90,125
Min: $65K
Max: $103K
Financial Analyst$90,429
Min: $70K
Max: $113K
Senior Financial Analyst$99,571
Min: $85K
Max: $117K
Controller$149,000
Min: $125K
Max: $172K
Finance Director$172,125
Min: $150K
Max: $185K
Vice President of Finance$193,714
Min: $185K
Max: $200K
CFO (Chief Financial Officer)$210,000
Min: $180K
Max: $245K

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 Detroit, MI is $210,000.

Career Info

CFO (Chief Financial Officer) jobs in Detroit, MI

Skills that affect CFO (Chief Financial Officer) salaries in Detroit, MI

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 51-200 employees, earning $214,571 on average.

Recent CFO (Chief Financial Officer) salaries in Detroit, MI

$188,000
Yearly Salary
A CFO/VP of Finance reported a yearly salary of $188,000 with +$12,000 in additional cash compensation
7+ Years of Experience
Female
51-200 Employees
Detroit, MI
5-10 Reports
$200,000
Yearly Salary
A CFO reported a yearly salary of $200,000 with +$25,000 in additional cash compensation
7+ Years of Experience
Female
51-200 Employees
Detroit, MI
1-5 Reports
$202,000
Yearly Salary
A CFO (Chief Financial Officer) reported a yearly salary of $202,000
51-200 Employees
Detroit, MI
$180,000
Yearly Salary
A CFO (Chief Financial Officer) reported a yearly salary of $180,000
51-200 Employees
Detroit, MI
$185,000
Yearly Salary
A CFO (Chief Financial Officer) reported a yearly salary of $185,000
51-200 Employees
Detroit, MI
$225,000
Yearly Salary
A CFO (Chief Financial Officer) reported a yearly salary of $225,000
51-200 Employees
Detroit, MI
$245,000
Yearly Salary
A CFO (Chief Financial Officer) reported a yearly salary of $245,000
51-200 Employees
Detroit, MI
$240,000
Yearly Salary
A CFO (Chief Financial Officer) reported a yearly salary of $240,000
51-200 Employees
Detroit, MI
$225,000
Yearly Salary
A CFO (Chief Financial Officer) reported a yearly salary of $225,000
51-200 Employees
Detroit, MI