Chief Financial Officer Salary in Wisconsin

Annual Median: $133,430
Hourly Median: $64.15

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Annual and Hourly Chief Financial Officer undefined, Wisconsin Salary Table:

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
PercentileAnnual SalaryHourly Wage
10th$84,930$40.83
25th$104,510$50.25
Median$133,430$64.15
75th$172,530$82.95
90th$226,060$108.68

Best Schools to become a Chief Financial Officer in Wisconsin 2024

University of Wisconsin-Madison

Madison, WI

In-State Tuition:$9,273
Out-of-State Tuition:$37,904
Admission Rate:49%
Graduation Rate:89%
Total Enrollment:48,956

University of Wisconsin-Eau Claire

Eau Claire, WI

In-State Tuition:$7,361
Out-of-State Tuition:$16,074
Admission Rate:77%
Graduation Rate:65%
Total Enrollment:10,104

University of Wisconsin-Whitewater

Whitewater, WI

In-State Tuition:$6,519
Out-of-State Tuition:$15,694
Admission Rate:82%
Graduation Rate:62%
Total Enrollment:11,079

University of Wisconsin-Parkside

Kenosha, WI

In-State Tuition:$6,298
Out-of-State Tuition:$14,568
Admission Rate:73%
Graduation Rate:40%
Total Enrollment:3,947

University of Wisconsin-La Crosse

La Crosse, WI

In-State Tuition:$7,585
Out-of-State Tuition:$16,404
Admission Rate:74%
Graduation Rate:70%
Total Enrollment:10,274

Marquette University

Milwaukee, WI

In-State Tuition:$45,860
Out-of-State Tuition:$45,860
Admission Rate:87%
Graduation Rate:83%
Total Enrollment:11,167

Chief Financial Officer Salary in Wisconsin FAQs

  • What qualifications are needed to become a Chief Financial Officer in Wisconsin?

    A Chief Financial Officer typically holds a bachelor’s degree in finance, accounting, business administration, or a related field. Many CFOs also possess advanced degrees, such as a Master of Business Administration (MBA) or a Master’s in Finance. Additionally, certifications like Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) can enhance qualifications and credibility in this role.

  • How does industry affect the salary of a Chief Financial Officer in Wisconsin?

    The salary of a Chief Financial Officer can vary significantly based on the industry you work in. Industries such as technology, healthcare, and finance often offer higher compensations due to the complex financial environments and regulatory requirements they face. In contrast, non-profit organizations and smaller businesses may offer lower salaries, reflecting their budgetary constraints.

  • What are the key responsibilities of a Chief Financial Officer in Wisconsin?

    As a Chief Financial Officer, your primary responsibilities include managing the financial planning and reporting of the organization, overseeing budgeting processes, ensuring compliance with financial regulations, and providing strategic advice to the executive team. You will also play a vital role in financial forecasting and resource allocation.

  • How does experience impact the salary of a Chief Financial Officer in Wisconsin?

    Experience plays a critical role in determining the salary of a Chief Financial Officer. Generally, professionals with more years of experience, particularly in senior financial management roles, can command higher salaries. Additional experience in specific industries or financial specialties can also contribute to increased earning potential.

  • Are there regional differences in salary within Wisconsin for Chief Financial Officers?

    Yes, salary levels for Chief Financial Officers can vary across different regions in Wisconsin. Metropolitan areas, such as Milwaukee and Madison, typically offer higher salaries due to a larger concentration of businesses and higher living costs. In contrast, rural areas may present lower salary averages, reflecting different economic conditions.

  • What skills are essential for a Chief Financial Officer to succeed in Wisconsin?

    Essential skills for a Chief Financial Officer include strong analytic capabilities, strategic thinking, risk management expertise, and effective communication skills. Proficiency in financial software and an understanding of regulatory frameworks are also important. In addition, leadership skills are vital for guiding the finance team and collaborating with other executive leaders.

  • How do bonuses and incentives factor into a Chief Financial Officer's overall compensation in Wisconsin?

    Beyond base salary, many Chief Financial Officers receive bonuses and other incentives, which can significantly increase overall compensation. These may include performance-based bonuses, stock options, or profit-sharing arrangements tied to the company’s financial success. The structure and amount of these incentives often depend on individual and company performance metrics.

  • What is the typical career progression for a Chief Financial Officer in Wisconsin?

    The career progression for a Chief Financial Officer often starts with positions such as financial analyst or accountant. Many CFOs then advance to senior finance roles, including Finance Manager or Controller, before achieving the CFO position. Continuous professional development and networking play important roles in successfully progressing to a CFO role.

  • What resources are available for networking and professional development for aspiring Chief Financial Officers in Wisconsin?

    Several organizations and resources exist for networking and professional development. Consider joining professional associations such as the Wisconsin Institute of CPAs (WICPA) or the Financial Executives International (FEI). Attending industry conferences, workshops, and local business events can also provide valuable networking opportunities, as well as access to mentorship programs and leadership training initiatives.