Finance business partners are an essential part of any organization, providing financial expertise and strategic guidance to support decision-making. As companies grow and expand, the role of a finance business partner evolves from an entry-level position to an executive level. With this evolution, the salaries of finance business partners also change significantly. In this article, we will explore the salaries of finance business partners at every level, from entry-level positions to senior executive roles. We will also discuss the factors that influence these salaries, such as experience, education, industry, and location. By the end of this article, you will have a clear understanding of the earning potential of finance business partners at different stages of their careers.
From Entry-Level to Executive: Finance Business Partner Salaries at Every Level
Finance business partners are essential members of a company’s finance team. They work closely with different departments to provide financial analysis and insights that help drive business decisions. As such, finance business partners are highly valued by organizations and are compensated accordingly.
In this article, we will look at finance business partner salaries at every level, from entry-level to executive positions.
Entry-Level Finance Business Partner Salaries
Entry-level finance business partners typically have a bachelor’s degree in finance or a related field. They may also have some experience in financial analysis or accounting. Entry-level finance business partners can expect to earn between $50,000 and $70,000 per year, depending on the company, industry, and location.
Mid-Level Finance Business Partner Salaries
Mid-level finance business partners have several years of experience in financial analysis and have proven themselves as valuable members of the finance team. They may also have a master’s degree in finance or a related field. Mid-level finance business partners can expect to earn between $75,000 and $120,000 per year.
Senior Finance Business Partner Salaries
Senior finance business partners have extensive experience in financial analysis and have demonstrated leadership skills. They may also have a CPA or CFA certification. Senior finance business partners can expect to earn between $120,000 and $200,000 per year.
Executive Finance Business Partner Salaries
Executive finance business partners are top-level leaders in the finance department. They are responsible for managing the finance team and providing strategic financial guidance to the organization. Executive finance business partners can expect to earn between $200,000 and $500,000 per year, depending on the size and complexity of the organization.
Finance business partners play a critical role in helping organizations achieve their financial goals. They are compensated accordingly, with salaries ranging from $50,000 to $500,000 per year, depending on their level of experience and leadership. If you’re considering a career as a finance business partner, it’s important to understand the salary expectations at each level and plan your career accordingly.