The finance business partner role has become increasingly important in recent years as organizations seek to align finance with business strategy. Finance business partners are responsible for providing financial insights, analysis, and recommendations to support decision-making and drive business performance. However, compensation for this role varies widely depending on factors such as location, industry, and experience level. In this article, we will reveal the average finance business partner salary and explore the factors that influence pay for this critical finance role.

The Average Finance Business Partner Salary Revealed

Finance Business Partner is one of the most sought-after roles in the finance industry. It is a strategic role that involves collaborating with various business units to provide financial insights and recommendations that drive business growth. Finance Business Partners work closely with senior management to ensure that the company’s financial goals are met.

What is the average Finance Business Partner salary?

The average salary for a Finance Business Partner varies depending on the location, industry, and experience. According to Glassdoor, the average Finance Business Partner salary in the United States is $93,000 per year. However, this figure can range from $60,000 to $150,000 per year, depending on various factors.

Factors affecting Finance Business Partner salary

Location: The location of the job plays a significant role in determining the salary of a Finance Business Partner. For example, Finance Business Partners working in New York City can earn up to $150,000 per year, while those working in smaller cities may earn less.

Industry: The industry that a Finance Business Partner works in also has an impact on their salary. For example, Finance Business Partners working in the technology industry may earn higher salaries than those working in the healthcare industry.

Experience: Experience is another critical factor that affects the salary of a Finance Business Partner. A Finance Business Partner with several years of experience may earn a higher salary than someone who is just starting in the field.

Benefits of being a Finance Business Partner

Besides the attractive salary, being a Finance Business Partner comes with several benefits. Some of these benefits include:

• Opportunity for career growth
• Job security
• Opportunity to work with senior management
• Opportunity for skill development
• Opportunity to work in different industries

Conclusion

Finance Business Partner is an important role in the finance industry, and the salary reflects that. The average Finance Business Partner salary in the United States is $93,000 per year, but this figure can vary depending on several factors such as location, industry, and experience. Besides the attractive salary, being a Finance Business Partner also comes with several benefits, including career growth, job security, and skill development opportunities.