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How much does a VP of Finance make?

As of April 01, 2025, the average annual salary for a VP of Finance in the United States is $200,732. Salary.com reports that pay typically ranges from $175,258 to $223,345, with most professionals earning between $152,065 and $243,933.

VP of Finance Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $223,345 $18,612 $4,295 $107
Average $200,732 $16,728 $3,860 $97
25th Percentile $175,258 $14,605 $3,370 $84

Average Salary

25% $175,258 10% $152,065 90% $243,933 75% $223,345 $200,732 50%(Median)
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How much does a VP of Finance make by hour, week, month, and year?

Salary.com provides you with accurate and diversified VP of Finance salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about VP of Finance hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a VP of Finance's Salary?

An entry-level VP of Finance with less than 1 year of experience earns about $185,143. With 1-2 years of experience, the average salary increases to $187,425. For 2-4 years of experience, the pay typically rises to $190,466. Senior-level professionals with 5-8 years of experience earn around $194,268, and those with over 8 years of experience can expect an average of $198,071.

Levels Salary
Entry Level VP of Finance $185,143
Intermediate Level VP of Finance $187,425
Senior Level VP of Finance $190,466
Specialist Level VP of Finance $194,268
Expert Level VP of Finance $198,071
$185,143 0 yr
$187,425 < 2 yrs
$190,466 2-4 yrs
$194,268 5-8 yrs
$198,071 > 8 yrs
Last Updated on April 01, 2025
Entry Level 8%
Mid Level 7%
Senior Level 5%
Top Level 3%
Experienced 1%
View as graph
Last Updated on April 01, 2025

How much does salary of VP of Finance vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a VP of Finance is $250,694.
  • In New York, NY, the average annual salary is $232,628.
  • In Boston, MA, a VP of Finance earns $223,876 per year.

What is the salary trend of VP of Finance?

As of April 01, 2025, our research reveals a significant shift in VP of Finance compensation over the past six years. For example, the median salary increased from $212,988 in 2023 to approximately $215,388 in 2024. (For a detailed analysis of VP of Finance salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of VP of Finance Over Time

2020
$???
2021
$???
2022
$???
$212,988
2023
$215,388
2024
$212,478
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$212,988
2024
$215,388
2025
$212,478
2026
$???
Last Updated on April 01, 2025

VP of Finance Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $212,988
2024 $215,388
2025 $212,478
2026 View More
Last Updated on April 01, 2025

Job Openings of VP of Finance

Salary.com job board provides millions of VP of Finance information for you to search for. Click on search button below to see VP of Finance job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 74.2%
Bonuses 0.0%
Social Security 4.9%
401k/403b 3.1%
Disability 1.5%
Healthcare 3.1%
Pension 4.0%
Time Off 9.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $200,732 74.2%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $13,364 4.9%
401K/403B $8,431 3.1%
Disability $4,015 1.5%
Healthcare $8,352 3.1%
Pension $10,840 4.0%
Time Off $24,705 9.1%
Total Compensation $270,438 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a VP of Finance with different levels of education?

Salaries for VP of Finance with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a VP of Finance with a Bachelor's Degree is $261,965 - $292,792. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

VP of Finance Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for VP of Finance
Degree Level % of user with this level of education
Associates 5.5%
Bachelors 27.3%
Masters 63.6%
Doctorate 3.6%
Typical Education for VP of Finance
Associates 5.5%
Bachelors 27.3%
Masters 63.6%
Doctorate 3.6%
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VP of Finance Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about VP of Finance

1. What is the average salary of a VP of Finance?

The average annual salary of VP of Finance is $200,732. In case you are finding an easy salary calculator, the average hourly pay of VP of Finance is $97; the average weekly pay of VP of Finance is $3,860; the average monthly pay of VP of Finance is $16,728.

2. Where can a VP of Finance earn the most?

A VP of Finance's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a VP of Finance earns the most in San Jose, CA, where the annual salary of a VP of Finance is $253,183.

3. What is the highest pay for VP of Finance?

The highest pay for VP of Finance is $243,933.

4. What is the lowest pay for VP of Finance?

The lowest pay for VP of Finance is $152,065.

5. What are the responsibilities of VP of Finance?

Oversees an organization's financial operations, reporting, and governance to ensure financial health and support high-level strategic planning. Provides regulatory oversight for financial reporting and accounting to ensure operations are compliant and responsive to operational or regulatory changes. Collaborates with senior leaders to understand business needs, develop strategies, and ensure financial goals support business objectives. Reviews and approves budgets and forecasts to ensure resources and efforts align with the organization's mission. Evaluates and improves financial modeling and analytical tools to measure and forecast the impact of various economic scenarios, risks, and business changes. Identifies and oversees funding through debt, equity, and various financial instruments to support business operations, optimize cash flow, and manage risk. Requires a master's degree in accounting or finance. Typically reports to senior management. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.

6. What are the skills of VP of Finance

Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Financial Management: Financial management focuses on ratios, equities and debts. It is useful for portfolio management,distribution of dividend,capital raising,hedging and looking after fluctuations in foreign currency and product cycles.Financial managers are the people who will do research and based on the research, decide what sort of capital to obtain in order to fund the company's assets as well as maximizing the value of the firm for all the stakeholders. It also refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of the 'Staff' in overall of a company. It has been defined differently by different experts in the field. The term typically applies to an organization or company's financial strategy, while personal finance or financial life management refers to an individual's management strategy. It includes how to raise the capital and how to allocate capital, i.e. capital budgeting. Not only for long term budgeting, but also how to allocate the short term resources like current liabilities. It also deals with the dividend policies of the share holders.

3.)

Supply Chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a VP of Finance is $200,732 per year in the United States, updated at April 01, 2025.
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