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Careersβ€ΊRolesβ€ΊFinancial Officer
Mid-Level

Financial Officer

A finance leadership role owning a defined area of financial responsibility β€” could be a corporate finance officer handling a function, a government finance officer managing public funds, or a nonprofit finance officer running financial operations. Sits in the operating layer of finance.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
E
C
S
I
A
R
Enterprisingleading, persuading
Conventionalorganizing, detail-oriented
Based on Holland Code framework
Industries that often hire Financial Officers
Financial Services Β· 31%Professional Services Β· 14%Government Β· 6%Manufacturing Β· 6%Wholesale & Distribution Β· 4%Healthcare Β· 4%
Job markets for Financial Officers
Where Financial Officer jobs concentrate Β· ~400 metro areas
Based on employment in related occupations
Mapped SOC categories:
Finance
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Financial Officer

Most days tend to involve oversight of financial operations, reporting up to senior leadership or boards, and the steady cross-functional work that comes with finance accountability. You'll often review staff work, prepare financial reports for executives or governance bodies, address compliance and audit requirements, and partner with operational leaders on resource decisions.

The variance between sectors is real β€” a corporate finance officer at a mid-market company may handle a discrete function (treasury, FP&A, accounting); a government finance officer owns public budgeting, fund accounting, and procurement oversight; a nonprofit finance officer often acts as a controller-CFO hybrid at smaller organizations. Credentialing expectations differ accordingly (CPA, CGFM, CGFO).

People who tend to thrive here are comfortable with leadership responsibility, technical financial depth, and the patience needed for cross-functional finance work. The work tends to offer a clear runway toward senior finance leadership or executive roles, with the trade-off being the always-on nature of financial accountability β€” for those who enjoy owning the financial operations of an organization, the role offers genuine seat-level impact.

What people in this role value
Working ConditionsAbove avg
IndependenceAbove avg
AchievementAbove avg
RecognitionAbove avg
SupportAbove avg
RelationshipsModerate
O*NET Work Values survey
✦ Editorial β€” written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape β€” and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying386 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Energy & Utilities$94K+10%
Technology & Information$94K+9%
Professional Services$92K+7%
Financial Services$83K-3%
Government$82K-4%
Compared to Finance average across all industries
1 BLS OEWS May 2024 covers all Financial Officers (SOC 11-3031.00, 11-3031.01), not just this title Β· BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Finance β†’
Financial OfficerCollections ManagerAccounting ManagerAccounts Payable ManagerAccounts ManagerBranch ManagerAsset ManagerProject ControllerComptrollerCity ComptrollerInvestment ManagerFinancial Planning ManagerFinancial Planning and Analysis ManagerTrust OfficerProduction ControllerFinancial EngineerCredit ManagerControllerFinancierTreasurerTax ManagerBank ManagerCash ManagerBudget ManagerCity Treasurer+1 more
Exploring the Financial Officer career path? Truest helps you figure out if it's the right fit β€” and plan your path forward.
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✦ Editorial β€” career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape β€” helpful for context, but your specific experience will depend on level, specialty, and where you work.

$86K–$208K
Salary Range
10th – 90th percentile
1.6M
U.S. Employment
+14.8%
10yr Growth
149K
Annual Openings

How Financial Officer pay & employment are changing

$77K$74K$72K$69K$66K201920202021202220232024$66K$77K
BLS OEWS May 2024 Β· BLS Employment Projections 2024–2034

Skills & Requirements

Reading ComprehensionJudgment and Decision MakingCritical ThinkingComplex Problem SolvingSpeakingCritical ThinkingActive ListeningReading ComprehensionSpeakingManagement of Financial Resources
O*NET OnLine Β· Bureau of Labor Statistics
Mapped SOC Codes
11-3031.0011-3031.01

Explore related roles

Roles with similar work and overlapping career paths

directorFinancial Aid Director$85KdirectorFinancial Director$162KjuniorJunior Financial Officer$162KmidCollections Manager$97KmidAccounting Manager$114KseniorBanking Supervisor$114K
View all Finance roles β†’

Common questions about what it's like to be a Financial Officer

What does a Financial Officer do?

A finance leadership role owning a defined area of financial responsibility β€” could be a corporate finance officer handling a function, a government finance officer managing public funds, or a nonprofit finance officer running financial operations. Sits in the operating layer of finance.

How much does a Financial Officer make?

Median pay for a Financial Officer is about $162K nationally, with the field ranging roughly from $86K to $208K depending on experience, employer, and metro (BLS).

What skills does a Financial Officer need?

Core skills for this role include Reading Comprehension, Judgment and Decision Making, Critical Thinking, Complex Problem Solving, and Speaking.

What education do you need to be a Financial Officer?

Most people in this role hold a bachelor's degree.

Is a Financial Officer in demand?

Employment in this field is projected to grow about 14.8% through 2034, with roughly 1.6 million people working in it today (BLS).

What jobs are similar to a Financial Officer?

Closely related roles include Financial Aid Director, Financial Director, and Junior Financial Officer.

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) Β· BLS Employment Projections Β· O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.