▼11%
$183,376
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$109k
MEDIAN
$183k
90%
$275k
The average salary for a Chief Financial Officer (CFO) is $183,376 in 2025
Base Salary
$109k - $275k
Bonus
$10k - $106k
Profit Sharing
$0 - $72k
Total Pay
$109k - $357k
Is Average Experienced Chief Financial Officer (CFO) with Strategic Planning Skills Salary in Chicago, Illinois your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Chief Financial Officer (CFO)s?
What Do Chief Financial Officer (CFO)s Do?
Chief Financial Officer (CFO) Tasks
- Provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.
- Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by regulatory agencies.
- Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
Find your market worth – how it works:
Common Health Benefits for a Chief Financial Officer (CFO)
Medical
88%
Dental
79%
Vision
71%
None
13%
Gender Breakdown for Chief Financial Officer (CFO)s
Female
50.0%
Male
50.0%
This data is based on 16 survey responses. Learn more about the gender pay gap.
FAQs About Chief Financial Officer (CFO)s
What is the highest pay for Chief Financial Officer (CFO)s in Chicago?
Our data indicates that the highest pay for a Chief Financial Officer (CFO) in Chicago is $275k / year
What is the lowest pay for Chief Financial Officer (CFO)s in Chicago?
Our data indicates that the lowest pay for a Chief Financial Officer (CFO) in Chicago is $109k / year
How can Chief Financial Officer (CFO)s increase their salary?
Increasing your pay as a Chief Financial Officer (CFO) is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Chief Financial Officer (CFO) that oversees more junior Chief Financial Officer (CFO)s, this experience can increase the likelihood to earn more.