CFOs’ Right-Hand Executives Earn Bigger Paychecks as Companies Compete for Talent

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The second-in-commands in corporate finance departments are benefiting from many of the same trends that are pushing up compensation for their bosses

Ms. Zheng said she took the phone call from OneTrust’s recruiter after a former boss recommended her for the role. She accepted the offer because she wanted to build a new team, design business processes for the finance function and work with the company’s leadership team, she said. “I’ve done my outreach to start hiring my next layer,” she said. Ms.

Treasurers have been rewarded for their work to shore up cash reserves over the past two years, according to survey data from the Association for Financial Professionals, a professional organization. Treasurers received a 31% increase in their annual bonus during the 2021 calendar year compared with 2020, earning an average of $92,055, according to the AFP.

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