Embed Size (px)
Citation preview
2010 CFS Salary GuideCreative Financial Staffing
www.cfstaffing.com
Local Salary Data CFO Salary Data GlossaryNational Salary Data
Welcome to the 2010 CFS Salary Guide Please click on the tabs below to navigate through the different sections.
Creative Financial Staffingwww.cfstaffing.com
2010 | National Salaries
The 2010 CFS National Salary Guide provides comprehensive data of base salaries for all levels of accounting and finance professionals in the United States.
We hope this guide will become a valuable resource in your ongoing discussions and planning for your accounting department.
Also included in the Salary Guide are the Local Market Salary Data, our CFO Compensation Survey, and a Glossary of popular accounting and finance positions.
2010 | National Salaries2010 | National Salaries
Understanding the Data
The CFS National Salary Guide displays the weighted average salaries of accounting and finance positions across companies of different sizes.
Our data is based on the job orders we received from clients,accounting and finance professionals we interviewed, andthe placements we made throughout all our CFS offices.
SAMPLE RECORD
Statistics and Terminology
First Quartile (25% Range): The figure at which 75% of our data are above and 25% are below. This data can also be viewed as the “low” end of a salary range.
Median: The figure at which 50% of our data are above and 50% are below.
Third Quartile (75% Range): The figure at which 25% of our data are above and 75% are below. This data can also be viewed as the “high” end of a salary range.
Company Size Definitions
Small Companies: Companies with revenues upto $100 million.
Medium Companies: Companies with revenuesbetween $100 million and $500 million.
Large Companies: Companies with revenues inexcess of $500 million.
2010 | National SalariesPosition/Title First Quartile Median Third Quartile
Large Companies
Chief Financial Officer/Treasurer $212,750 $251,250 $306,250
Vice President of Finance $178,500 $203,250 $231,500
Controller $135,500 $152,500 $171,250
Assistant Controller $101,000 $115,250 $128,500
General Accounting Department Accounting Manager $83,750 $93,000 $100,500
Senior Accountant $65,000 $71,250 $76,750
Staff Accountant (0-3 yrs) $52,250 $56,750 $60,750
Tax Department Director of Tax $150,000 $175,500 $193,750
Tax Manager $102,500 $117,000 $125,500
Tax Senior $72,250 $79,250 $86,750
Tax Accountant (0-3 yrs) $55,750 $62,000 $67,500
2010 | National SalariesPosition/Title First Quartile Median Third Quartile
Large Companies
Cost Accounting Department Cost Accounting Manager $87,250 $95,000 $101,500
Senior Cost Accountant $67,750 $72,750 $77,250
Cost Accountant (0-3 yrs) $53,500 $58,250 $62,500
Internal Audit Department Audit Director $150,750 $174,500 $196,000
Audit Manager $98,750 $109,000 $119,000
Audit Senior $72,000 $79,000 $85,250
Auditor (0-3 yrs) $56,500 $63,250 $68,250
Analysis Manager of Cost, Financial or Budget Analysis $84,250 $93,250 $101,500
Senior Cost, Financial or Budget Analyst $68,750 $74,750 $82,000
Cost, Financial or Budget Analyst $56,500 $61,250 $65,250
2010 | National SalariesPosition/Title First Quartile Median Third Quartile
Large Companies
Operations Full Charge Bookkeeper $48,500 $52,000 $55,250
Bookkeeper $41,000 $44,000 $46,750
Accounts Payable/Receivable Manager $59,000 $64,750 $69,250
Payroll Manager $62,500 $69,500 $74,750
Billing Manager $53,250 $60,250 $63,750
Accounting Clerk $37,500 $39,250 $42,000
Accounts Payable/Receivable Clerk $37,250 $39,750 $42,750
Payroll Clerk $37,750 $40,500 $43,250
Billing Clerk $36,750 $39,500 $42,250
Credit and Collections Credit and Collections Manager
Commercial Collector $68,500 $73,500 $79,250
Consumer Collector $52,000 $55,250 $58,500
$40,750 $43,500 $45,750
2010 | National SalariesPosition/Title First Quartile Median Third Quartile
Medium Companies
Chief Financial Officer/Treasurer $166,250 $185,500 $212,500
Vice President of Finance $145,750 $159,000 $179,000
Controller $113,500 $126,500 $140,500
Assistant Controller $89,000 $96,000 $105,250
General Accounting DepartmentAccounting Manager $71,500 $80,750 $89,000
Senior Accountant $58,750 $65,000 $70,250
Staff Accountant (0-3 yrs) $46,750 $52,000 $56,750
Tax DepartmentDirector of Tax $118,250 $141,750 $159,250
Tax Manager $86,750 $99,750 $110,500
Tax Senior $64,250 $72,500 $79,750
Tax Accountant (0-3 yrs) $52,000 $58,250 $62,750
2010 | National SalariesPosition/Title First Quartile Median Third Quartile
Medium Companies
Cost Accounting DepartmentCost Accounting Manager $73,000 $81,750 $87,000
Senior Cost Accountant $60,000 $66,000 $71,250
Cost Accountant (0-3 yrs) $48,250 $54,000 $59,250
Internal Audit DepartmentAudit Director $129,250 $147,000 $163,000
Audit Manager $83,750 $93,000 $102,500
Audit Senior $64,500 $71,500 $78,000
Auditor (0-3 yrs) $52,500 $59,000 $64,500
AnalysisManager of Cost, Financial or Budget Analysis $79,000 $86,000 $93,000
Senior Cost, Financial or Budget Analyst $65,500 $71,250 $78,000
Cost, Financial or Budget Analyst $52,250 $58,000 $60,750
2010 | National SalariesPosition/Title First Quartile Median Third Quartile
Medium Companies
OperationsFull Charge Bookkeeper $48,500 $51,000 $54,250
Bookkeeper $39,750 $42,250 $44,250
Accounts Payable/Receivable Manager $54,750 $59,250 $63,500
Payroll Manager $55,500 $60,750 $65,000
Billing Manager $50,250 $55,250 $59,500
Accounting Clerk $36,500 $38,250 $40,250
Accounts Payable/Receivable Clerk $35,500 $38,000 $41,000
Payroll Clerk $36,250 $38,500 $41,000
Billing Clerk $35,000 $37,250 $40,000
Credit and CollectionsCredit and Collections Manager $62,500 $67,000 $72,000
Commercial Collector $48,750 $51,500 $54,500
Consumer Collector $38,750 $41,500 $44,250
2010 | National SalariesPosition/Title First Quartile Median Third Quartile
Small Companies
Chief Financial Officer/Treasurer $130,500 $145,500 $169,000
Vice President of Finance $114,250 $129,000 $145,750
Controller $90,250 $99,750 $112,750
Assistant Controller $73,000 $80,500 $88,250
General Accounting DepartmentAccounting Manager $61,750 $70,000 $77,000
Senior Accountant $50,000 $55,500 $60,000
Staff Accountant (0-3 yrs) $41,500 $46,250 $51,000
Tax DepartmentTax Manager $75,250 $85,250 $95,250
Tax Senior $57,500 $61,500 $70,000
Tax Accountant (0-3 yrs) $47,000 $51,500 $56,000
2010 | National SalariesPosition/Title First Quartile Median Third Quartile
Small Companies
Cost Accounting DepartmentCost Accounting Manager $62,250 $66,500 $70,500
Senior Cost Accountant $52,250 $56,250 $61,250
Cost Accountant (0-3 yrs) $43,250 $47,500 $53,000
Internal Audit DepartmentAudit Manager $74,000 $82,000 $95,250
Audit Senior $59,750 $67,250 $71,250
Auditor (0-3 yrs) $48,500 $53,750 $58,750
AnalysisManager of Cost, Financial or Budget Analysis $68,250 $74,750 $85,000
Senior Cost, Financial or Budget Analyst $57,500 $64,000 $70,500
Cost, Financial or Budget Analyst $46,250 $52,250 $57,250
2010 | National SalariesPosition/Title First Quartile Median Third Quartile
Small Companies
OperationsFull Charge Bookkeeper $44,750 $47,000 $49,250
Bookkeeper $38,000 $40,000 $41,750
Accounts Payable/Receivable Manager $49,250 $53,250 $55,750
Payroll Manager $46,750 $51,000 $54,250
Accounting Clerk $34,750 $34,250 $38,750
Accounts Payable/Receivable Clerk $34,250 $36,250 $38,750
Payroll Clerk $35,250 $37,250 $40,250
Credit and Collections $250 $250 $250
Credit and Collections Manager $58,250 $63,000 $66,750
Commercial Collector $45,500 $47,500 $51,750
Consumer Collector $37,500 $40,250 $41,750
2010 | National SalariesPosition/Title First Quartile Median Third Quartile
Public Accounting
Large FirmsSenior Manager/Director $118,000 $136,000 $152,250
Manager $92,500 $101,750 $111,250
Senior $68,750 $75,000 $79,750
Staff (0-3 yrs) $57,250 $61,750 $64,250
Medium FirmsSenior Manager $100,750 $121,000 $134,750
Manager $81,000 $92,500 $101,250
Senior $62,250 $68,750 $73,750
Staff (0-3 yrs) $48,750 $56,500 $61,000
Small FirmsSenior Manager $88,750 $100,000 $108,500
Manager $72,500 $80,750 $89,250
Senior $56,250 $61,250 $66,500
Staff (0-3 yrs) $47,000 $51,000 $55,750
Creative Financial Staffingwww.cfstaffing.com
2010 | CFO Salaries
The CFO Compensation Survey provides the average compensation figures of CFOs across all publicly traded companies in the United States.
We hope this guide will become a valuable resource in your ongoing discussions and planning for your accounting department.
Also included in the Salary Guide are the Local Market Salary Data, National Salary Data, and a Glossary of popular accounting and finance positions.
2010 | CFO Salaries
Understanding the Data
The CFO Compensation Survey includes the average base and total compensation of CFOs in publicly traded companies.
The salary figures are compiled from publicly and commercially available databases. Our data is categorized based on location and company size across different regions and metro areas in the United States.
SAMPLE RECORD
Company Size Definitions
Small Companies: Companies with revenues up to $100 million.
Medium Companies: Companies with revenues between $100 million and $500 million.
Large Companies: Companies with revenues in excess of $500 million.
2010 | CFO Salaries
AlaskaArizonaCaliforniaColoradoHawaiiIdaho
MontanaNevadaOregonUtahWashingtonWyoming
WeSTIllinoisIndianaIowaKansasMichiganMinnesota
MissouriNebraskaNorth DakotaOhioSouth DakotaWisconsin
CeNTrAL
AlabamaFloridaGeorgiaKentucky
MississippiNorth CarolinaSouth CarolinaTennessee
SOUTh
ConnecticutDelawareMaineMarylandMassachusettsNew HampshireNew JerseyNew York
PennsylvaniaRhode IslandVermontVirginiaWashington, D.C.West Virginia
eAST
ArkansasLouisianaNew Mexico
OklahomaTexas
SOUThWeST
Please click the region you wish to view on the interactive map below.
2010 | CFO SalariesAll Small Medium LargereGION
“ - ” denotes insufficient amount of publicly available data.
Company Size
EastAverage Base Salary $300,500 $192,500 $271,000 $446,750
Total Average Compensation $386,750 $221,250 $363,000 $595,250
SouthAverage Base Salary $279,250 $168,250 $255,500 $389,750
Total Average Compensation $316,750 $183,500 $282,000 $453,500
SouthwestAverage Base Salary $282,750 $160,000 $238,500 $373,000
Total Average Compensation $361,750 $199,500 $300,250 $483,000
CentralAverage Base Salary $306,000 $175,750 $247,500 $394,000
Total Average Compensation $351,500 $189,500 $294,000 $454,750
WestAverage Base Salary $285,000 $194,500 $252,000 $436,250
Total Average Compensation $341,250 $214,750 $291,750 $555,500
2010 | CFO SalariesAll Small Medium LargeeAST
“ - ” denotes insufficient amount of publicly available data.
Company Size
Connecticut HARTFORD
Average Based Salary $278,750 $180,250 $185,750 $394,250
Total Average Compensation $340,000 $226,750 $269,500 $454,250
NEW HAVEN
Average Based Salary $270,500 $186,000 $309,500 $391,000
Total Average Compensation $278,750 $190,000 $312,500 $413,500
STAMFORD
Average Based Salary $318,250 $211,500 $255,750 $405,250
Total Average Compensation $448,000 $242,750 $339,000 $609,250
Delaware WILMINGTON
Average Based Salary $283,250 $174,250 $207,750 $417,250
Total Average Compensation $285,750 $180,000 $207,750 $417,250
Massachusetts BOSTON
Average Based Salary $273,750 $203,000 $253,750 $382,750
Total Average Compensation $312,250 $222,750 $293,000 $444,500
2010 | CFO SalariesAll Small Medium LargeeAST
“ - ” denotes insufficient amount of publicly available data.
Company Size
WORCESTER
Average Based Salary $243,000 $211,000 $210,250 $420,000
Total Average Compensation $261,500 $236,750 $222,000 $420,000
Maryland BALTIMORE
Average Based Salary $281,250 $158,750 $281,250 $424,250
Total Average Compensation $365,000 $166,750 $309,500 $633,250
Maine PORTLAND
Average Based Salary $291,750 $184,000 $320,000 $331,500
Total Average Compensation $341,750 $184,000 $320,000 $431,500
New Hampshire MANCHESTER
Average Based Salary $203,250 $116,250 $248,500 $328,500
Total Average Compensation $256,750 $129,250 $360,250 $328,500
2010 | CFO SalariesAll Small Medium LargeeAST
“ - ” denotes insufficient amount of publicly available data.
Company Size
New Jersey PRINCETON
Average Based Salary $382,500 $279,500 $185,250 $501,250
Total Average Compensation $395,250 $301,500 $185,250 $508,250
TRENTON
Average Based Salary $316,000 $316,000 $216,000 $501,250
Total Average Compensation $329,250 $329,250 $216,000 $508,250
New York ALBANY
Average Based Salary $285,750 $189,000 $344,750 $361,750
Total Average Compensation $359,250 $201,500 $515,750 $361,750
BUFFAlO
Average Based Salary $225,500 $144,500 $272,500 $288,250
Total Average Compensation $263,000 $157,500 $293,750 $365,500
NEW YORK
Average Based Salary $330,500 $198,750 $306,750 $522,250
Total Average Compensation $483,000 $243,750 $496,250 $795,000
2010 | CFO SalariesAll Small Medium LargeeAST
“ - ” denotes insufficient amount of publicly available data.
Company Size
ROCHESTER
Average Based Salary $248,500 $162,000 $230,000 $396,000
Total Average Compensation $253,750 $171,000 $230,000 $396,000
SyRACUSe
Average Based Salary $179,750 $144,000 $157,000 $273,750
Total Average Compensation $194,000 $147,500 $207,000 $273,750
Pennsylvania HARRiSBURg
Average Based Salary $298,000 $146,000 $240,250 $387,000
Total Average Compensation $305,750 $161,000 $256,250 $387,000
PHILADELPHIA
Average Based Salary $291,500 $177,250 $286,500 $409,000
Total Average Compensation $337,250 $195,750 $310,500 $495,500
PiTTSBURgH
Average Based Salary $299,250 $144,750 $203,500 $376,250
Total Average Compensation $326,000 $166,000 $280,000 $388,250
2010 | CFO SalariesAll Small Medium LargeeAST
“ - ” denotes insufficient amount of publicly available data.
Company Size
LANCASTER
Average Based Salary $278,250 $133,500 $225,250 $379,500
Total Average Compensation $324,750 $136,000 $246,000 $466,500
READING
Average Based Salary $379,750 $200,000 $219,000 $493,000
Total Average Compensation $379,750 $200,000 $219,000 $493,000
Rhode Island PROVIDENCE
Average Based Salary $238,000 $187,500 $211,000 $775,000
Total Average Compensation $261,500 $197,750 $261,000 $775,000
Virginia NORFOLK
Average Based Salary $244,500 $162,000 $233,000 $380,000
Total Average Compensation $299,250 $170,000 $315,500 $476,500
RICHMOND
Average Based Salary $325,500 $165,000 $212,000 $405,000
Total Average Compensation $361,500 $181,500 $212,000 $453,250
2010 | CFO SalariesAll Small Medium LargeeAST
“ - ” denotes insufficient amount of publicly available data.
Company Size
ROANOKE
Average Based Salary $191,000 $154,000 - $375,500
Total Average Compensation $244,500 $185,750 - $538,750
Washington, WASHingTOn, D.C.
D.C. Average Based Salary $279,250 $187,750 $249,500 $432,000
Total Average Compensation $324,000 $200,500 $287,500 $526,250
West Virginia CHARLESTON
Average Based Salary $210,750 $150,000 $211,750 $269,000
Total Average Compensation $210,750 $150,000 $211,750 $269,000
2010 | CFO SalariesAll Small Medium LargeSOUTh
“ - ” denotes insufficient amount of publicly available data.
Company Size
Alabama BIRMINGHAM
Average Based Salary $314,500 $231,000 $308,000 $354,250
Total Average Compensation $423,750 $241,750 $312,750 $537,000
Florida JACKSONVILLE
Average Based Salary $298,750 $138,000 $278,500 $384,000
Total Average Compensation $321,750 $144,750 $279,000 $429,000
MIAMI
Average Based Salary $259,000 $176,000 $256,750 $392,500
Total Average Compensation $291,500 $192,000 $296,500 $443,500
ORLANDO
Average Based Salary $238,750 $186,750 $251,000 $293,750
Total Average Compensation $273,250 $191,750 $251,000 $384,500
SARASOTA
Average Based Salary $190,250 $118,500 $214,750 $500,000
Total Average Compensation $227,750 $178,500 $214,750 $500,000
2010 | CFO SalariesAll Small Medium LargeSOUTh
“ - ” denotes insufficient amount of publicly available data.
Company Size
TAMPA
Average Based Salary $247,500 $168,250 $171,750 $404,750
Total Average Compensation $293,250 $179,500 $171,750 $523,000
Georgia ATLANTA
Average Based Salary $298,000 $180,750 $235,500 $413,000
Total Average Compensation $337,000 $202,250 $265,000 $469,000
Kentucky lOUiSville
Average Based Salary $321,250 $166,250 $252,000 $427,250
Total Average Compensation $328,500 $170,500 $288,500 $427,250
Mississippi JACKSON
Average Based Salary $248,750 - $246,500 $252,000
Total Average Compensation $305,500 - $286,750 $333,500
2010 | CFO SalariesAll Small Medium LargeSOUTh
“ - ” denotes insufficient amount of publicly available data.
Company Size
North Carolina CHARLOTTE
Average Based Salary $338,000 $113,000 $264,250 $409,000
Total Average Compensation $402,500 $113,000 $382,000 $482,000
DURHAM
Average Based Salary $227,250 $204,750 - $361,500
Total Average Compensation $244,750 $225,250 - $361,500
RALEIGH
Average Based Salary $259,500 $154,250 $331,000 $413,000
Total Average Compensation $282,750 $172,500 $355,000 $446,000
South Carolina CHARLESTON
Average Based Salary $203,000 $166,000 $282,250 $155,500
Total Average Compensation $228,500 $166,250 $292,250 $288,000
COlUMBiA
Average Based Salary $329,500 $93,000 $265,000 $463,000
Total Average Compensation $338,000 $93,000 $265,000 $479,750
2010 | CFO SalariesAll Small Medium LargeSOUTh
“ - ” denotes insufficient amount of publicly available data.
Company Size
GREENVILLE
Average Based Salary $198,250 $134,500 $227,500 $299,500
Total Average Compensation $214,500 $135,250 $236,500 $369,250
Tennessee CHATTANOOGA
Average Based Salary $200,250 $151,500 $198,250 $234,500
Total Average Compensation $204,250 $151,500 $209,250 $234,500
KNOxVILLE
Average Based Salary $244,000 $131,750 $243,750 $300,500
Total Average Compensation $313,000 $177,000 $293,750 $390,500
MEMPHIS
Average Based Salary $342,000 $202,500 $270,000 $397,250
Total Average Compensation $369,500 $202,500 $270,250 $439,750
NASHVILLE
Average Based Salary $296,250 $126,250 $267,750 $369,250
Total Average Compensation $341,750 $146,250 $293,000 $432,750
2010 | CFO SalariesAll Small Medium LargeSOUThWeST
“ - ” denotes insufficient amount of publicly available data.
Company Size
Arkansas LITTLE ROCK
Average Based Salary $207,000 $138,750 $207,000 $344,000
Total Average Compensation $228,000 $138,750 $234,500 $394,000
Louisiana BATOn ROUge
Average Based Salary $415,500 - - $415,500
Total Average Compensation $493,500 - - $493,500
LAFAYETTE
Average Based Salary $209,000 $99,000 $222,750 $264,000
Total Average Compensation $276,500 $136,000 $314,750 $264,000
NEW ORLEANS
Average Based Salary $293,500 $89,500 $350,000 $337,500
Total Average Compensation $329,250 $103,750 $350,000 $383,000
2010 | CFO SalariesAll Small Medium LargeSOUThWeST
“ - ” denotes insufficient amount of publicly available data.
Company Size
New Mexico AlBUqUeRqUe
Average Based Salary $191,000 $78,000 $133,250 $419,250
Total Average Compensation $197,750 $105,250 $133,250 $419,250
Oklahoma OKLAHOMA CITY
Average Based Salary $281,250 $121,750 $239,750 $441,750
Total Average Compensation $467,500 $129,750 $289,750 $867,250
TUlSA
Average Based Salary $210,000 $114,000 $186,750 $266,000
Total Average Compensation $245,750 $151,750 $287,750 $278,500
Texas AUSTin
Average Based Salary $248,250 $197,750 $244,500 $385,750
Total Average Compensation $349,500 $231,500 $256,500 $923,250
2010 | CFO SalariesAll Small Medium LargeSOUThWeST
“ - ” denotes insufficient amount of publicly available data.
Company Size
DALLAS
Average Based Salary $301,750 $153,250 $266,000 $418,250
Total Average Compensation $394,250 $166,750 $349,500 $567,750
HOUSTOn
Average Based Salary $283,250 $186,250 $227,250 $344,250
Total Average Compensation $351,500 $268,500 $289,250 $410,000
SAN ANTONIO
Average Based Salary $263,750 $144,000 $160,000 $393,250
Total Average Compensation $333,750 $201,500 $168,500 $488,000
2010 | CFO SalariesAll Small Medium LargeCeNTrAL
“ - ” denotes insufficient amount of publicly available data.
Company Size
Iowa DES MOINES
Average Based Salary $278,000 $200,000 $219,750 $326,750
Total Average Compensation $387,250 $204,000 $230,750 $511,250
Indiana ELKHART
Average Based Salary $187,250 - $167,500 $267,000
Total Average Compensation $197,250 - $180,000 $267,000
EVANSVILLE
Average Based Salary $264,250 $100,750 $292,250 $299,750
Total Average Compensation $314,250 $100,750 $292,250 $399,750
FORT WAYNE
Average Based Salary $211,500 $130,500 - $252,000
Total Average Compensation $216,500 $130,500 - $259,500
INDIANAPOLIS
Average Based Salary $309,500 $227,250 $234,750 $421,000
Total Average Compensation $457,750 $320,750 $463,250 $513,250
2010 | CFO SalariesAll Small Medium LargeCeNTrAL
“ - ” denotes insufficient amount of publicly available data.
Company Size
Illinois CHICAGO
Average Based Salary $321,250 $203,250 $277,250 $390,000
Total Average Compensation $368,750 $215,750 $325,750 $451,000
PEORIA
Average Based Salary $365,500 - - $365,500
Total Average Compensation $371,750 - - $371,750
Kansas KANSAS CITY
Average Based Salary $261,750 $128,250 $313,750 $329,750
Total Average Compensation $331,500 $137,250 $314,250 $463,250
Michigan ANN ARBOR
Average Based Salary $262,000 $251,250 - $272,750
Total Average Compensation $276,250 $263,250 - $289,250
DETROIT
Average Based Salary $329,750 $169,500 $257,750 $457,000
Total Average Compensation $362,500 $197,250 $288,000 $494,000
2010 | CFO SalariesAll Small Medium LargeCeNTrAL
“ - ” denotes insufficient amount of publicly available data.
Company Size
GRAND RAPIDS
Average Based Salary $216,250 $153,500 $177,250 $298,250
Total Average Compensation $220,000 $155,750 $181,500 $303,500
Minnesota MINNEAPOLIS
Average Based Salary $286,750 $171,250 $207,750 $435,500
Total Average Compensation $299,500 $180,250 $238,750 $445,250
Missouri ST. lOUiS
Average Based Salary $328,750 $218,000 $234,000 $375,750
Total Average Compensation $429,750 $251,500 $255,250 $509,250
Nebraska OMAHA
Average Based Salary $266,750 $153,500 $178,750 $385,500
Total Average Compensation $349,000 $155,500 $220,000 $542,500
2010 | CFO SalariesAll Small Medium LargeCeNTrAL
“ - ” denotes insufficient amount of publicly available data.
Company Size
North Dakota BISMARCK
Average Based Salary $245,750 $140,750 - $350,750
Total Average Compensation $245,750 $140,750 - $350,750
Ohio AKRON
Average Based Salary $312,250 $145,000 $190,500 $353,500
Total Average Compensation $374,250 $150,500 $190,500 $432,750
CANTON
Average Based Salary $346,000 $223,750 - $590,000
Total Average Compensation $346,000 $224,000 - $590,000
CINCINNATI
Average Based Salary $292,750 $155,500 $225,250 $397,250
Total Average Compensation $360,750 $161,750 $263,000 $512,750
CLEVELAND
Average Based Salary $312,000 $145,250 $235,500 $364,000
Total Average Compensation $348,000 $145,250 $299,500 $402,000
2010 | CFO SalariesAll Small Medium LargeCeNTrAL
“ - ” denotes insufficient amount of publicly available data.
Company Size
COlUMBUS
Average Based Salary $364,000 $175,500 $234,750 $424,250
Total Average Compensation $389,750 $179,250 $234,750 $458,500
DAYTON
Average Based Salary $287,500 $110,000 $258,000 $346,500
Total Average Compensation $317,250 $110,000 $278,000 $388,750
South Dakota SiOUx FAllS
Average Based Salary $277,750 $230,000 $185,000 $348,000
Total Average Compensation $277,750 $230,000 $185,000 $348,000
Wisconsin MADISON
Average Based Salary $208,000 $178,500 $237,750 $206,750
Total Average Compensation $231,250 $194,500 $237,750 $291,750
MilWAUkee
Average Based Salary $349,750 $174,250 $282,000 $475,250
Total Average Compensation $364,750 $197,500 $309,250 $481,500
2010 | CFO SalariesAll Small Medium LargeWeST
“ - ” denotes insufficient amount of publicly available data.
Company Size
Alaska ANCHORAGE
Average Based Salary $234,250 $220,250 $195,750 $325,000
Total Average Compensation $287,500 $220,250 $200,750 $528,000
Arizona PHOENIx
Average Based Salary $258,750 $181,000 $188,000 $363,750
Total Average Compensation $332,500 $183,250 $228,000 $519,750
TUCSOn
Average Based Salary $238,750 $169,750 - $307,750
Total Average Compensation $357,500 $219,750 - $495,250
California BAKERSFIELD
Average Based Salary $154,500 $174,250 - $115,500
Total Average Compensation $248,750 $174,250 - $398,000
CAMARILLO
Average Based Salary $248,000 $167,500 $245,750 $391,750
Total Average Compensation $258,750 $180,000 $257,750 $398,000
2010 | CFO SalariesAll Small Medium LargeWeST
“ - ” denotes insufficient amount of publicly available data.
Company Size
LOS ANGELES
Average Based Salary $293,500 $196,500 $256,500 $440,250
Total Average Compensation $364,250 $219,000 $298,000 $593,500
RIVERSIDE
Average Based Salary $258,250 $196,000 $282,250 $354,250
Total Average Compensation $340,000 $243,250 $432,250 $470,750
SACRAMENTO
Average Based Salary $238,500 $195,250 $223,250 $349,500
Total Average Compensation $261,750 $208,000 $317,500 $349,500
SAN DIEGO
Average Based Salary $271,250 $226,000 $263,250 $413,250
Total Average Compensation $305,000 $244,000 $325,750 $447,250
SAN FRANCISCO
Average Based Salary $388,500 $221,000 $276,250 $761,000
Total Average Compensation $438,750 $253,000 $338,000 $827,250
2010 | CFO SalariesAll Small Medium LargeWeST
“ - ” denotes insufficient amount of publicly available data.
Company Size
SAN JOSE
Average Based Salary $285,000 $211,250 $256,000 $390,000
Total Average Compensation $330,000 $226,750 $280,500 $486,500
SANTA BARBARA
Average Based Salary $213,250 $143,500 $269,250 $357,750
Total Average Compensation $229,250 $152,750 $304,250 $382,750
Colorado BOUlDeR
Average Based Salary $290,750 $230,250 $289,750 $413,250
Total Average Compensation $299,250 $230,250 $311,000 $413,250
COLORADO SPRINGS
Average Based Salary $201,750 $203,250 $211,250 $189,500
Total Average Compensation $215,250 $213,250 $211,250 $223,500
DENVER
Average Based Salary $253,250 $155,500 $261,250 $371,500
Total Average Compensation $376,250 $179,250 $307,750 $648,250
2010 | CFO SalariesAll Small Medium LargeWeST
“ - ” denotes insufficient amount of publicly available data.
Company Size
Hawaii HOnOlUlU
Average Based Salary $299,500 $301,250 $294,750 $300,000
Total Average Compensation $378,750 $501,250 $294,750 $325,250
Idaho BOISE
Average Based Salary $213,750 $59,000 $159,250 $286,250
Total Average Compensation $251,250 $59,000 $159,250 $346,250
Nevada LAS VEGAS
Average Based Salary $265,750 $186,500 $154,500 $370,250
Total Average Compensation $305,000 $193,250 $154,500 $450,750
RENO
Average Based Salary $201,500 $135,000 $196,500 $311,500
Total Average Compensation $215,250 $135,000 $227,250 $311,500
2010 | CFO SalariesAll Small Medium LargeWeST
“ - ” denotes insufficient amount of publicly available data.
Company Size
Oregon PORTLAND
Average Based Salary $236,000 $157,500 $226,000 $349,750
Total Average Compensation $275,250 $183,000 $255,250 $416,750
Utah PROVO
Average Based Salary $209,500 $155,250 $248,000 $350,000
Total Average Compensation $239,250 $155,250 $288,000 $477,750
SALT LAKE CITY
Average Based Salary $215,000 $123,750 $233,000 $437,750
Total Average Compensation $277,250 $132,000 $280,250 $677,750
Washington SEATTLE
Average Based Salary $251,750 $222,250 $221,000 $337,250
Total Average Compensation $279,000 $233,250 $241,750 $399,000
Creative Financial Staffingwww.cfstaffing.com
2010 | Glossary
The Glossary provides the definition of the financial and accounting positions and terminology used throughout the 2010 CFS Salary guide.
Also included in the Salary Guide are the Local Market Salary Data, National Salary Data, and a CFO Salary Survey.
2010 | GlossaryChief Financial Officer/TreasurerDirects the overall financial plans and accounting practices of an organization. Oversees treasury, accounting, budget, tax and audit activities of the organization and subsidiaries. Oversees financial and accounting system controls and standards and ensures timely financial and statistical reports for management and/or board use. This is the top finance and accounting position for the organization. Requires CPA or equivalent and at least 10 years of relevant experience.
Vice President of FinanceDirects and coordinates, through subordinate managerial personnel, activities of department, region, administrative division, or specific function of financial institution, such as lending, trusts, mortgages, and investments, acting under authority and responsibility delegated by corporate executive officer. Develops and recommends plans for expansion of programs, operations, and financial activities. May authorize loans of specified types and amounts when permitted by institution regulations.
ControllerDirects budget and cost controls, financial analysis, accounting practices and reports. Analyzes and interprets financial data and recommends changes to improve systems and financial performance. This may be the top level in a mid-size company, or may report to the CFO in a very large company. Supervises exempt and nonexempt accounting staff. Requires CPA or equivalent and 7 years of relevant experience.
Assistant ControllerSupports company controller in directing budget and cost controls, financial analysis, and accounting procedures. Manages financial statement preparation. Organizes and plans auditing schedules. Develops policy and procedure manuals for accounting department. May file tax returns. Usually requires a 4-year degree and 4–6 years of relevant experience.
Accounting ManagerManages accounting functions and preparation of reports and statistics detailing financial results. establishes and maintains accounting practices to ensure accurate and reliable data necessary for business operations. May specialize in one or more functional accounting areas such as accounts receivable, accounts payable, payroll, budget, etc. Supervises professional and/or clerical accounting employees. Typically requires a bachelor’s degree in accounting or business and 5–8 years of relevant experience.
Accountant – Seniorestablishes, interprets and analyzes complex accounting records or financial statements. These may include general accounting, costing or budget data. examines, analyzes and interprets accounting records for management. Requires bachelor’s degree in accounting or business or equivalent experience and 5 or more years of relevant experience.
2010 | GlossaryStaff Accountant (0–3 yrs)Prepares and maintains accounting records that may include general accounting, costing, or budget data. examines, analyzes and interprets accounting records for the purpose of giving advice or preparing statements. May act as lead to lower level employees. Requires bachelor’s degree in accounting or business and may require relevant accounting experience.
Director of TaxCoordinates the preparation and review of organization’s tax information for tax compliance and tax financial reporting purposes. Oversees the process of budgeting tax payments for income forecasting and cash flow projections. Monitors legislative developments to insure the proper corporate response. Conducts activities that include ensuring compliance with the organization’s tax standards, communicates complex tax issues to users of tax information at all levels in the organization. Drives the tax strategies in order to meet the tax objectives of the organization.
Tax Managerestablishes and carries out a campaign to reduce the organization’s tax debt. Adheres to all federal, state, local, or international tax laws. Manages the retention and preparation of tax records, tax returns, and other required reports. Assesses the impact of the organization’s tax liability and oversees tax accounting staff. This is the top tax position within the organization and usually requires a 4-year degree plus 5–7 years of relevant experience.
Tax SeniorCompletes complex professional tax accounting activities. Responsibilities include setting up and retaining organization’s tax records, filing tax returns, and preparing related reports, in addition to performing management studies. May also lead lower level accounting staff. This is a senior level position usually requiring a 4-year degree in accounting and 4–5 years of relevant experience.
Tax Accountant (0–3 yrs)Completes professional tax accounting activities for an organization. Sets up and retains organization’s tax records. Files tax returns and prepares related reports. This is a position usually requiring a 4-year degree and may or may not require relevant experience.
Cost Accounting ManagerManages the preparation of cost accounting records. Designs and implements cost control procedures. Usually requires a 4-year degree and 5–6 years of relevant experience.
Senior Cost AccountantResponsible for all aspects of costing, including maintaining and analyzing the bill of materials, assisting with developing cost estimates for product lines, and tracking/analyzing business costs. in addition, reviews, corrects, and reconciles general ledger accounts, prepares journal entries, schedules and reports for the monthly Operating Book, and assists in the preparation of audit schedules and annual budget.
2010 | GlossaryCost Accountant (0–3 yrs)Prepares cost accounting records such as subcontracting, field service, sales costs, and research and development costs. Computes project costs, compares actual costs to estimates and analyzes variances. Requires bachelor’s degree and may require relevant experience. Audit DirectorSupervises the most difficult and sensitive internal and/or external financial, operations and compliance audits and evaluates the work of other advanced-level auditors so that audits are in compliance with accepted accounting/auditing principles and standards within state and federal laws. Represents the highest-level audit supervisory class. Directs, assigns and controls workflow; effectively recommends hiring and disciplinary actions, writes and revises position descriptions and conducts performance evaluations.
Audit ManagerDirects review and verification of records, compliance with standards, policies and procedures. Develops audit procedures and systems. Oversees audit findings and recommendations. Supervises internal audit staff. Requires a bachelor’s degree in accounting or business and 5–8 years of relevant experience.
Audit SeniorConducts complex audit projects. Reviews records for accuracy and conformance to standards. inspects financial or operational information to ensure procedures are correct and appropriate.
Compiles audit findings and recommends revisions to systems and procedures. This is a senior level position requiring a 4-year degree and may require relevant experience.
Auditor (0–3 yrs)Conducts audits to verify accuracy of records, compliance with standards, policies and procedures. Compiles audit findings and recommendations for modifications and improvements to systems and procedures. Requires a bachelor’s degree in accounting or business and 0–3 years of relevant experience.
Manager of Cost, Financial or Budget AnalysisPlans and directs analysis of financial data. Provides assessment of existing and proposed financial plans and policies. Proposes changes to ensure organization achieves financial targets. Usually requires a 4-year degree and 5–8 years of relevant experience.
Senior Financial AnalystAnalyzes complex financial data and compiles reports. Provides recommendations to management for establishing and achieving profit objectives. Assesses alternatives and overall financial performance to suggest appropriate course of action. May train or mentor junior staff. This is a senior level position usually requiring a 4-year degree and 4–6 years of relevant experience.
2010 | GlossaryFinancial AnalystAnalyzes financial data, compiles reports and prepares recommendations to management. Develops business plans and forecasts budget comparisons, profit analysis, and other financial reports. Requires degree and 2–4 years of experience.
Full Charge BookkeeperMaintains general ledger through trial balances. Prepares monthly and yearly adjustments and accruals, and prepares financial statements with limited supervision.
BookkeeperRecords organization’s business transactions and retains all accounting records. Posts, verifies, and reconciles accounts payable, accounts receivable, expenses, payroll, or other ledger accounts. Prepares statements, invoices, and vouchers. Submits reports of business financial operations. Usually requires 2–4 years of experience in general accounting procedures
Accounts Payable/receivable ManagerOversees accounts payable record keeping. Supervises recording of amounts due, verification of invoices, and calculation of discounts. ensures expense coding, voucher preparation, and check issuance are accomplished accurately and in a timely manner. Produces various reports for management including accounts payable register. Usually requires 2–4 years of relevant experience.
Payroll ManagerManages the preparation, distribution, and reporting processes for payroll. Oversees the calculation of wages, overtime, and deductions to ensure compliance with federal and state laws. Ensures that payments and government reports are disbursed accurately and in a timely manner. establishes policies and procedures for the payroll function. Top payroll position usually requiring 3–5 years of relevant experience.
Billing ManagerOversees the billing function to ensure invoicing is completed accurately and on time. Provides work direction and review for billing clerks. Manages the processing and calculation of billing costs consistent with company policy and procedure. Prepares reports of billing activity for management. Usually requires 2–4 years of relevant experience.
Accounting Clerkverifies and posts transactions to journals, ledgers and other records. Prepares statements, invoices and vouchers. May handle balancing and reconciliations. May specialize in one area of the accounting function. Requires understanding of bookkeeping procedures and 1–2 years of relevant experience.
Accounts Payable ClerkOversee accounts payable record keeping. Supervises recording of amounts due, verification of invoices, and calculation of discounts. ensures expense coding, voucher preparation, and check issuance are accomplished accurately and in a timely manner. Produces
2010 | Glossaryvarious reports for management including accounts payable register. Usually requires 2–4 years of relevant experience.
Accounts receivable ClerkReviews invoices for accuracy and completeness. Sorts documents by account name or number and processes invoices for payment. May perform other basic clerical duties associated with accounts payable. May post transactions to journals, ledgers and other records. Requires understanding of bookkeeping procedures and 1–2 years of relevant experience.
Payroll ClerkComputes payroll; has knowledge of hourly, weekly, etc. wage calculation, deduction rates and limits. Has ability to reconcile automated output to source data; may possess specific software and service bureau experience.
Billing ClerkReviews billing data from charge or sales slips and purchase orders to ensure amounts and account numbers are accurate. Calculates billing charges, and assigns billing numbers for tracking purposes. Prepares invoices and bills of lading. Submits invoices for supervisory approval of charges and credit terms. Usually requires 1 year of general accounting experience.
Credit and Collections ManagerDirects and coordinates all collection activities and supervises collections staff. Responsible for obtaining updates and remaining current on legal issues and proper documentation involved with collection of delinquent accounts.
Commercial Collectorinitiates appropriate collection action on delinquent accounts and manages orders on specific delinquent accounts, negotiates payments on past due dollars as well as plans to ensure new dollars are paid in a timely manner, processes the daily orders within department guidelines for specified delinquent accounts, works with the Credit Team, the Accounts Receivable Team, the Sales Team and all other departments within the company to ensure customer issues are addressed appropriately. Also identifies and prepares accounts for outside collection efforts once all in-house avenues have been exhausted.
Consumer CollectorComplies with all specified FDCPA, state, and city laws and provisions, as outlined in the FDCPA training, works the accounts of the assigned collection file per work standards, collects assigned budget on a monthly basis, collects as many overdue accounts as possible, makes arrangements with debtors to pay debt in full or to set up the best possible arrangements, documents all collection activity in the FAC system in a concise and accurate manner, and corrects any deficiencies or oversights as outlined by supervisor.
Creative Financial Staffingwww.cfstaffing.com
2010 | Metro Salaries
The 2010 Metro Salary Guide is a comprehensive listing of base salaries for all levels of accounting and finance professionals in the Metropolitan Areas below.
Please click on the area you wish to view. An online PDF file of the selected salary guide will open on your web browser.
AlbuquerqueAtlantaBakersfieldBaltimoreBethesdaBostonChicagoColumbusDenverFt. lauderdale
Ft. WayneGrand RapidsHartfordHoustonIndianapolisLos Angeles NashvilleNew JerseyNew YorkOrlando
PittsburghPortlandPuerto RicoSan AntonioSan FranciscoSeattleSouth BendTampa
About Creative Financial Staffing
Creative Financial Staffing (CFS) is the world’s largest privately owned accounting and financial placement company.
Founded in 1994, CFS is unique in that it is the only temporary and permanent staffing agency in the world to function as a fully integrated unit of leading accounting firms.
This affiliation gives us a distinct advantage: We are connected. Through financial and accounting networking, CFS has built an exceptional pool of candidates to help solve our clients’ staffing needs fast.
Temporary Staffing ServicesOur Temporary Staffing solutions cover a broad range of financial disciplines and talent levels - from accounting clerks to CFOs. All of our temporary employees are personally interviewed and referenced in order to help us make the best possible placements for our clients.
Executive Search ExpertiseCFS specializes in Accounting and Finance permanent/executive search services. We recruit top talent from mid level accounting positions to senior and executive level managers. We offer the following services to customize our clients’ search based on their unique needs:
At length discussions to determine the skills, knowledge, and abilities required for the positionAssistance with defining a compensation plan for the positionA rigorous screening process involving personal interviews, professional references, and employment and degree verification to develop a short list of qualified candidatesAssistance with making the final offer
CFS Guarantees Your SatisfactionClient and recruit satisfaction is the most important part of our business, and we work hard to ensure that each placement we make is the absolute best.
Our promise of excellence applies to all of our temporary and permanent placements. We do what we say we’ll do by servicing our clients and recruits with a level of quality that is second to none.
CFS Office Locations
CALIFORNIABakersfieldLos AngelesSan Francisco
COLORADODenver
CONNECTICUTHartford
FLORIDAFort LauderdaleOrlandoTampa
GEORGIAAtlanta
ILLINOISChicagoOak BrookNorthbrook
INDIANAFort WayneIndianapolisSouth Bend
MARYLANDBaltimoreBethesda
MASSACHUSETTSBoston (Corp. Headquarters)
MICHIGANDetroitGrand Rapids
MINNESOTAMinneapolis
NEW JERSEYNew Brunswick
NEW MEXICOAlbuquerque
NEW YORKNew York
OHIOAkronCantonClevelandColumbus
OREGONPortland
PENNSYLVANIAPittsburgh
TEXASDallasHoustonSan Antonio
TENNESSEENashvilleVIRGINIATysons Corner
WASHINGTONSeattle
WISCONSINMadisonMilwaukee
Islands & Caribbean
DOMINICAN REPUBLICSanto Domingo
PUERTO RICOSan Juan
United States
