CFO Jobs in Boston, Massachusetts: Salary Overview and Job Description

CFO Jobs in Boston, Massachusetts: Salary Overview and Job Description

Boston, Massachusetts, is a thriving hub for finance and business, offering numerous Chief Financial Officer (CFO) job opportunities. This article provides an overview of CFO jobs in Boston, including salary ranges, job descriptions, and industry-specific requirements.

Salary Overview: CFO Jobs in Boston, Massachusetts

Job Title                                     Salary Range

Chief Financial Officer                $200,000 – $400,000

Senior Vice President, Finance  $180,000 – $350,000

Financial Director                       $150,000 – $300,000

VP of Finance                             $120,000 – $250,000

Job Description: Chief Financial Officer

Key Responsibilities:

  1. Strategic Financial Planning: Develop and implement financial strategies.
  2. Financial Leadership: Lead and manage finance teams.
  3. Financial Analysis: Conduct financial analysis and review.
  4. Financial Reporting: Prepare financial reports and presentations.
  5. Budgeting and Forecasting: Manage budgets and forecasts.
  6. Risk Management: Identify and mitigate financial risks.
  7. Compliance: Ensure compliance with regulations.

Requirements

  1. Education: Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.
  2. Experience: Minimum 10-15 years of finance experience.
  3. Language Skills: Fluency in English.
  4. Technical Skills: Proficiency in financial software.
  5. Soft Skills: Strong leadership, communication, and analytical abilities.

Industry-Specific Requirements

  1. Healthcare: Knowledge of healthcare finance regulations.
  2. Financial Services: Familiarity with financial services regulations.
  3. Technology: Understanding of technology finance.
  4. Non-Profit: Knowledge of non-profit finance.

Career Path and Progression

  1. Financial Analyst → Financial Manager
  2. Financial Manager → Financial Director
  3. Financial Director → VP of Finance
  4. VP of Finance → Chief Financial Officer
  5. Chief Financial Officer → CEO or President

Challenges and Opportunities

  1. Regulatory Complexity: Navigate complex regulatory environment.
  2. Economic Volatility: Manage financial risks amidst economic uncertainty.
  3. Growth Opportunities: Identify emerging opportunities in finance.
  4. Talent Development: Attract and retain top finance talent.

Job Opportunities in Boston, Massachusetts

  1. Biogen
  2. Boston Scientific
  3. State Street Corporation
  4. Fidelity Investments
  5. Liberty Mutual Insurance
  6. Boston University
  7. Harvard University
  8. Massachusetts General Hospital
  9. Partners HealthCare
  10. Vertex Pharmaceuticals

Top Job Titles in Boston, Massachusetts

  1. Chief Financial Officer
  2. Senior Vice President, Finance
  3. Financial Director
  4. VP of Finance
  5. Financial Planning Director
  6. Financial Analysis Director
  7. Risk Management Director
  8. Compliance Director
  9. Financial Reporting Director
  10. Financial Strategy Director

Skills Required

  1. Strategic financial planning
  2. Financial leadership
  3. Financial analysis
  4. Financial reporting
  5. Budgeting and forecasting
  6. Risk management
  7. Compliance
  8. Leadership and team management
  9. Communication and interpersonal skills
  10. Analytical and problem-solving skills

Average Salary Growth Rate: 5-7% per annum

Job Satisfaction Rate: 8.5/10

Conclusion

CFO jobs in Boston, Massachusetts, offer challenging and rewarding career opportunities. With competitive salaries and growing demand, Boston is an attractive destination for finance professionals.

If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com

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