Cerner Finance Salaries: An Overview

Cerner, now a part of Oracle, is a major player in the healthcare information technology industry. For those considering a career in finance at Cerner, understanding potential salary ranges is crucial. While precise figures fluctuate based on experience, location, specific role, and overall company performance, this overview provides a general understanding of what to expect.

Entry-Level Positions

Entry-level finance roles at Cerner, such as Financial Analyst I or Accounting Associate, typically require a bachelor’s degree in finance, accounting, or a related field. Starting salaries in these positions generally range from $50,000 to $70,000 annually. The lower end of the range is more common for recent graduates with limited experience, while the higher end might be offered to candidates with internships or relevant prior work.

Mid-Level Positions

As professionals gain experience and advance to mid-level roles like Financial Analyst II, Senior Accountant, or Finance Manager, their earning potential increases significantly. These positions often require 3-5 years of relevant experience and a strong understanding of financial principles, analysis, and reporting. Salaries in this category typically fall between $70,000 and $100,000 per year. Factors like certifications (e.g., CPA, CMA) and demonstrated performance can lead to higher compensation.

Senior-Level Positions

Senior-level finance positions at Cerner, such as Senior Financial Analyst, Finance Director, or Controller, require extensive experience (7+ years), strong leadership skills, and a deep understanding of the healthcare industry. These roles involve strategic financial planning, budgeting, forecasting, and managing financial operations. Senior-level salaries can range from $100,000 to $150,000+ annually, depending on the scope of responsibilities and the size of the team managed.

Location Matters

Geographic location significantly impacts salary expectations. For example, positions in higher cost-of-living areas like California or New York will generally offer higher salaries compared to locations with lower living expenses. Cerner’s headquarters in Kansas City, Missouri, generally aligns with the average cost of living, so salaries in that area might be slightly lower than in major metropolitan areas.

Total Compensation

It’s important to consider the total compensation package, which includes not only base salary but also benefits, bonuses, and other perks. Cerner, as part of Oracle, typically offers a comprehensive benefits package, including health insurance, retirement plans (401k), paid time off, and potential stock options. Performance-based bonuses can also contribute significantly to overall earnings.

Negotiating Your Salary

Salary is always negotiable. Research industry averages for similar roles in your location. Highlight your skills, experience, and achievements during the interview process to demonstrate your value to the company. Be prepared to discuss your salary expectations and justify your desired compensation based on your qualifications and market rates. Remember to factor in the total compensation package when evaluating a job offer.