A Chief Financial Officer (CFO) earns an average salary of R993,971 per year. Experience has a moderate effect on income for this job. A skill in Compliance (Financial) is associated with high pay for this job.

R558,044 - R1,773,028
R560K
R1M
R2M
MEDIAN: R998,069
10%
50%
90%
R0R2M
Salary R558,044 - R1,773,028
Bonus R24,468 - R501,615
Profit Sharing R0.00 - R538,293
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
R588,636 - R2,010,240
  • Country: South Africa
  • Currency: ZAR
  • Updated: 10 Jul 2017
  • Individuals Reporting: 251

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United States (change)

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Common Career Paths for Chief Financial Officer (CFO)


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Chief Financial Officer (CFO) Job Listings

Popular Skills for Chief Financial Officer (CFO)

Pay by Experience Level for Chief Financial Officer (CFO)

Pay by Experience for a Chief Financial Officer (CFO) has a positive trend. An entry-level Chief Financial Officer (CFO) with less than 5 years of experience can expect to earn an average total compensation of R828,000 based on 62 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Chief Financial Officer (CFO) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of R945,000 based on 76 salaries. An experienced Chief Financial Officer (CFO) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of R1,212,000 based on 116 salaries. A Chief Financial Officer (CFO) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of R1,372,000 based on 44 salaries.

Pay Difference by Location

National Average: R1,103,251

Larger city markers indicate a job is popular in that location.

Chief Financial Officer (CFO) Reviews

Q: What is it like working as a Chief Financial Officer (CFO)?

Chief Financial Officer (CFO) in Johannesburg:
"Management, Stress Level."
Pros: The challenge everyday brings being a listed company and making things work and fall in place to grow the company and shareholder wealth.
Cons: No one except one other chartered employee understands the responsibility and what needs to be done when your company is listed on the JSE. Their lack of knowledge in general accounting principles, financial principles and taxation is frustrating. They dont understand the impact of their job on mine often resulting in me taking over to make things work.

Chief Financial Officer (CFO) in nelspruit:
"Work flexibility, work challenges."
Pros: It's challenging and keeps me motivated, and the hours are flexible.
Cons: Reporting deadlines are hectic and requires working long hours.

Related Job Salaries

Key Stats for Chief Financial Officer (CFO)

Gender

Female
30 %
Male
70 %
Less than 1 year
1%
1-4 years
17%
5-9 years
19%
10-19 years
45%
20 years or more
18%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Financial Officer (CFO) Salaries

▲24%

▲10%

National Average
R1,103,000

▼14%

▼25%

Skills That Affect Chief Financial Officer (CFO) Salaries

Compliance (Financial)
▲34%

Risk Management / Risk Control
▲8%

Financial Modeling
▲4%

Business Analysis
▲3%

Business Strategy
▲3%


Strategic Planning
▲1%

National Average
R1,103,000



Tax Compliance
▼4%

Budgeting
▼4%

Cash Flow Management
▼7%

Budget Management
▼9%

▼10%

SAP SAP Financial Accounting and Controlling (SAP FICO)
▼13%

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
19%
10-19 years
45%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 45%
dental benefits
Dental: 9%
vision benefits
Vision: 8%
no benefits
None: 54%
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