Chief Financial Officer (CFO) Salary

The average pay for a Chief Financial Officer (CFO) is R957,678 per year. The skills that increase pay for this job the most are Compliance (Financial), Risk Management / Risk Control, and Business Strategy.

R495,759 - R1,549,470
MEDIAN: R957,678

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
R495,759 - R1,549,470  
R2,000 - R486,916  
Profit Sharing
R0.00 - R440,815  
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).
R550,322 - R1,830,754  
Country: South Africa | Currency: ZAR | Updated: 19 Sep 2015 | Individuals Reporting: 388
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Chief Financial Officer (CFO) Job Listings

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Pay by Experience Level for Chief Financial Officer (CFO)

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

National Average: R1,064,931

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

Chief Financial Officer (CFO) Advice

What do you wish you knew about your job when you first started out?

Chief Financial Officer (CFO) in Johannesburg:
"Run your Company if its your own."
Run your company if its your own . Manage the expenses, achieve targets . Put controls and processes in place to help achieve what you want. Get the best out of the people of the company to help you achieve your goal as well as the Management and Shareholders dreams and goals for the company.

Chief Financial Officer (CFO) in Johannesburg:
"Hard work."
Always choose the best degree and articles with one of the top 3 auditing firms. Wait at least 10 years before you embark on your MBA.

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

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Experience Affects Chief Financial Officer (CFO) Salaries

up arrow 14%

National Average

up arrow 14%

Skills That Affect Chief Financial Officer (CFO) Salaries

Compliance (Financial)
up arrow 35%

Risk Management / Risk Control
up arrow 12%

Business Strategy
up arrow 11%

Business Analysis
up arrow 7%

Financial Modeling
up arrow 4%

National Average

up arrow 6%

Tax Compliance
up arrow 6%

up arrow 6%

Financial Analysis
up arrow 8%

Strategic Planning
up arrow 13%

Cash Flow Management
up arrow 15%

Budget Management
up arrow 18%

SAP SAP Financial Accounting and Controlling (SAP FICO)
up arrow 25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 60 votes.


19 %
81 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits
Medical: 53%
dental benefits
Dental: 11%
medical benefits
Vision: 9%
dental benefits
None: 46%