University CFO Salary

University CFO Salary Overview

The University sector is a challenging field for CFOs because they need to be proficient in various financial responsibilities, including resource allocation, strategic planning, and navigation through complex networks of financial operations. 

Recruiting a CFO capable of such work must include a salary, which will be aligned with market trends and reflect the unique needs of a CFO position in an academic setting.

You can get all the relevant information needed for tailoring the offer for candidates in our CFO salary guide.

To get precise CFO salary data, refer to the relevant location page in our salary guide and add a 4.5% decrease. The result will be the salary typical for the university sector,

The decrease comes from complex funding, budgeting, and complaints challenges in the education sectors at the moment. 

University CFOs are currently 4.5% below the all-sector average, reflecting the current financial requirements and complex funding structures in this field.

Our guide gives a comprehensive perspective on CFO salaries in the university sector compared to other industries. Therefore it is an important tool for institutions currently hiring CFOs.

Why download the CFO Recruit Salary Guide?

Our CFO salary guide contains accurate and updated information collected directly from CFO working in academic institutions and other senior executives. Our data differ vastly from generic numbers created by algorithms on online job boards.

How do we ensure the accuracy of university CFO salary data?

Our data comes from one of the largest databases of CFOs across the state. Our registration portal is indispensable for getting the numbers from active and passive CFO and offers the most comprehensive overview of state-wide University CFO salaries.

CFO Salaries In the Educational Sector

Several factors influence the University CFO salaries, as explored with details in our Salary Guide:

• Institution Size and Complexity: CFOs working in universities with complex funding sources and plenty of sectors and multiple campuses often earn more, due to the increased scope of responsibilities.
• Experience and Specialization: Salaries in the University sector depend on the candidate’s level of education and specialization area; candidates specialized in grant management and compliance often earn more than their colleagues.
• Operational Scope: CFOs focused on multiple management areas can have higher salaries than those focused on individual areas.

Understanding CFO University Salaries: What You Need to Know

To understand what competitive compensation for a CFO is in the academic setting, you need to acknowledge that these salaries are up to 4.5% lower than CFO salaries in all industries. The discrepancy is a result of unique budget structures typical for university organizations.

Our Salary Guide is categorized by company size for the following turnover classifications; $10-29M | $30-79M | $80-149M | $150-249M | $250-499M | $500-999M | $1BN-5BN.

How to Calculate Competitive University CFO Salaries

The first step in creating the appropriate offer for a CFO in the university sector is to get to the page of our guide which contains data for your specific location. 

Once you’ve located it, get the numbers and apply a 4.5% decrease to get a result that is aligned with university sector trends.

For example, if the average CFO salary in your area is $200,000, applying the 4.5% adjustment results in $191,000, the average salary for a CFO working in a university setting.

In our University CFO Salary Guide, you’ll find…

• The average CFO salary in the university sector
• University CFO salary ranges are categorized on institution size
• CFO salaries for small and large universities, including private and public institutions

Download University  figures with the CFO Salary Guide and obtain the most accurate salary data for university CFO roles.