Chief Financial Officer CFO Corporate Accounting in Chicago, IL

Chief Financial Officer CFO Job Description

CFOs must have strong analytical, strategic-planning, operational and communication skills, including an ability to work well with the CEO, board members and other senior executives. CFOs typically have at least 10 years of experience in accounting or finance, including a minimum of five years in a management role. Many companies prefer candidates who possess advanced credentials such as an MBA, CPA, CGMA or CMA. Professionals should possess knowledge of all aspects of GAAP. Public companies also require experience with SEC reporting. Public accounting experience is highly valued. Candidates for CFO should have held positions of increasing responsibility within accounting and finance, such as director of finance, director of accounting or controller.

Typical chief financial officer duties:

Providing strategic management of the accounting and finance functions

Directing accounting policies, procedures and internal controls

Recommending improvements to ensure the integrity of a company’s financial information

Managing or overseeing the relationship with independent auditors

Collaborating with chief information officers on technology decisions

Overseeing financial systems implementations and upgrades

Managing relationships with investors and investment institutions

Identifying and managing business risks and insurance requirements

Hiring, training and retaining accounting and finance staff

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ERP Solutions

ERP - Enterprise Resource Planning

QuickBooks

Accounting Software Systems

Microsoft Excel

Perform Ad Hoc Financial

Accounting Functions

Budget Processes

Finance

Reporting

Salary for Chief Financial Officer CFO Corporate Accounting in Chicago, IL

218860 - 372930

25th percentile

218860

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

328600

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

372930

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Vice President of Finance

178250

252650

305660

Corporate Controller

137640

198710

261330

Divisional Controller

133610

191270

215760

Assistant Controller

100750

147560

171740

Director of Finance

150970

204600

221340

Director of Accounting

146320

199020

218860

Treasurer

163370

259780

299150

Assistant Treasurer

95170

128960

150040

Director of Financial Reporting

151900

190960

219480

Financial Project Manager

131440

167090

202740

Forensic Accountant

103230

128650

148490

Property Accountant

82770

94860

114080

Plant Controller

126480

145390

158100

Procurement Manager

98580

135160

150970

Procurement Specialist

55800

71300

86800

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