CFO SALARY NEW YORK: COMPREHENSIVE GUIDE

The average CFO salary in New York varies depending on factors such as industry, company size, and the candidate’s experience. For detailed figures, please refer to our salary guide to see the averages for companies split by the following turnover classification; $10-29M, $30-79M, $80-149M, $150-249M, $250-499M, $500-999M & $1BN-5BN.

CFO salaries in New York are competitive and reflect the city’s status as a major financial hub. For a comparison with other cities, our guide provides detailed insights.

Several factors influence CFO salaries in New York, including the industry sector, the size and international presence of the company, and the candidate’s level of experience and specialisation. Our guide provides a comprehensive analysis of these factors.

To determine the CFO salary in New York by company size, you can download our CFO salary guide. The guide separates the CFO salary averages by company sizes across the following turnover ranges $10-29M | $30-79M | $80-149M | $150-249M | $250-499M | $500-999M | $1BN-$5BN

For a small business in New York, a CFO’s salary typically ranges between $190,000 to $285,000 annually. This can vary based on the specific needs of the business, its industry, and the level of experience the CFO brings. Bonuses, equity, or profit-sharing options are often included in compensation packages for small businesses, especially when hiring for critical roles like CFO. Download our CFO Salary guide and consult page 7 for a full break down for New York CFO salaries.

In a startup environment, CFO salaries in New York can vary widely depending on the company’s funding stage and revenue. To find out the CFO Salary of a startup business in New York please use the figures in the $10-29M CFO pay range on page 7 of our guide.  If you are a startup business and your turnover is less than $10m but with the intention of growing, then you will need a CFO with the understanding and experience of the next phase of development. If growth is not on the agenda, then consider if you actually need a CFO and whether controller may suffice.

Mid-sized firms often require more comprehensive financial oversight, including strategy development, financial reporting, and risk management, which can justify higher compensation packages. These salaries can also include performance bonuses, stock options, and other long-term incentive plans.

For mid-sized companies in New York, CFO salaries will range on a number of factors. Please consult the appropriate turnover banding for your company on page 7 of our guide.

$30-79M (Small to Mid) | $80-149M (Mid)| $150-249M (Mid) | $250-499M (Mid to Large)

The range of a CFO’s salary in New York is calculated by considering several factors, including:

• Company Size: Larger organizations typically offer higher salaries due to the complexity of the role.
• Industry: Certain industries, such as finance, technology, or healthcare, tend to offer more competitive salaries.
• Experience: CFOs with more years of experience or specialized skills often command higher compensation.
• Company Financials: Companies with higher revenues or rapid growth trajectories tend to offer more lucrative compensation packages.
• Geography: Salaries in New York are often higher than the national average due to the high cost of living and the competitive business environment.

For a comprehensive look at Entry Level CFO salaries in New York across various industries and experience levels, download our CFO Salary Guide. Entry Level CFOs are typically paid 70-80% of their experienced counterparts. They tend to have development plans in place and salary reviews to match their increase in experience. To obtain general figures please download our CFO salary guide and discount the appropriate figures for your organization by 70-80%. Alternatively, consult your search partner for more specific information and guidance.

Assistant CFOs often support the main CFO by handling key financial responsibilities like budgeting, reporting, and analysis, particularly in larger organizations where the workload is more demanding.

An assistant CFO salary is generally around 70% of the salary of a CFO. The modal salary range for an assistant CFO is 60-80%. Once the assistant is pushing beyond the top of this salary range then they are probably ready to become a CFO in their own right. See our CFO salary guide to calculate the Assistant CFO salary for your business.

Our guide gives the CFO salary for small companies in New York. Please use the figures in the $10-29M CFO pay range or the bottom half of the $30-79M pay range which is generally the classification for a small company. Employee numbers in these size of businesses tend to be up to 250 employees.

The annual salary for a CFO in New York typically falls between $190,000 and $500,000, depending on the size and industry of the company. For larger firms, salaries can go even higher, especially when bonuses, stock options, and other incentives are included in the total compensation package. The high demand for skilled financial leadership in New York’s competitive market contributes to the upper end of this salary range.

In addition to base salary, CFOs in New York often receive bonuses, stock options, and other benefits. Our guide details the typical compensation packages offered to CFOs in the region.

For more detailed information, download our comprehensive CFO Salary Guide, which provides in-depth data and analysis on CFO salaries in New York.

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