As of April 01, 2025, the average annual salary for a Chief Financial Officer in Chicago, IL is $411,176. Salary.com reports that pay typically ranges from $368,866 to $466,853, with most professionals earning between $330,344 and $517,543.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $466,853 | $38,904 | $8,978 | $224 |
| Average | $411,176 | $34,265 | $7,907 | $198 |
| 25th Percentile | $368,866 | $30,739 | $7,094 | $177 |
An entry-level Chief Financial Officer with under 1 year experience makes about $385,285. With less than 2 years of experience, a mid-level Chief Financial Officer makes around $389,074. After 2-4 years, the Chief Financial Officer pay rises to about $394,126. Those senior Chief Financial Officer with 5-8 years of experience earn roughly $401,704, and those Chief Financial Officer having 8 years or more experience are expected to earn about $411,176 on average.
| Levels | Salary |
|---|---|
| Entry Level Chief Financial Officer | $385,285 |
| Intermediate Level Chief Financial Officer | $389,074 |
| Senior Level Chief Financial Officer | $394,126 |
| Specialist Level Chief Financial Officer | $401,704 |
| Expert Level Chief Financial Officer | $411,176 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 3% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.
Balance Sheet: Balance Sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, business partnership, corporation, private limited company or other organization such as government or not-for-profit entity.
| Skill | Salary | Demand |
|---|---|---|
|
Analytical Skills
|
$476,965 |
16%
|
|
Insight
|
$468,741 |
14%
|
|
Integrity
|
$464,629 |
13%
|
|
Communication Skills
|
$460,518 |
12%
|
|
Treasury
|
$460,518 |
12%
|
|
Coordination
|
$460,518 |
12%
|
