The average pay for a Chief Financial Officer (CFO) is Rs 3,335,902 per year. The highest paying skills associated with this job are Compliance (Financial), Financial Analysis, Financial Modeling, Senior Financial Management, and Fundraising. Experience strongly influences salary for this job.

Rs 643,840 - Rs 7,162,312
Rs 640K
Rs 3M
Rs 7M
MEDIAN: Rs 3,163,289
10%
50%
90%
Rs 0Rs 7M
Salary Rs 643,840 - Rs 7,162,312
Bonus Rs 14,544 - Rs 1,264,398
Profit Sharing Rs 0.00 - Rs 2,013,414
Commission Rs 28,000
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).
)
Rs 680,191 - Rs 7,898,877
  • Country: India
  • Currency: INR
  • Updated: 16 Dec 2017
  • Individuals Reporting: 733

Job Description for Chief Financial Officer (CFO)

Chief financial officers (CFOs) oversee the financial operations of their companies and provide leadership and focus to accounting and finance departments to ensure that they operate efficiently and comply with applicable laws and company policies. Their work is essential to project a favorable company image while saving money in every way possible.

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Chief Financial Officer (CFO) Tasks

  • Provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.
  • Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by regulatory agencies.
  • Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.

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 Rs 1,200,000 based on 64 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 Rs 2,135,000 based on 49 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 Rs 3,652,000 based on 188 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 Rs 4,949,000 based on 137 salaries.

Pay Difference by Location

67%

47%

23%

20%

14%

3%

-24%

-26%

National Average: Rs 3,503,898

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 Chennai:
Pros: Ownership, visibility of business, empowerment.
Cons: Conflicting priorities, managing deadlines & change management.

Chief Financial Officer (CFO) in Mumbai:
"Benefits of being a CFO"
Pros: One of the most senior positions available. Facing all challenges head on. High authority and responsibility position
Cons: Reward is not enough for the effort put in. No promotion system in place. Reviewed on discretion.

Related Job Salaries

Key Stats for Chief Financial Officer (CFO)

Gender

Female
13 %
Male
87 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.
Less than 1 year
3%
1-4 years
10%
5-9 years
9%
10-19 years
41%
20 years or more
38%

Experience Affects Chief Financial Officer (CFO) Salaries

▲41%

▲4%

National Average
Rs 3,504,000

Mid-Career
▼39%

▼66%

Skills That Affect Chief Financial Officer (CFO) Salaries



Financial Modeling
▲32%


▲17%



SAP SAP Financial Accounting and Controlling (SAP FICO)
▲2%

Accounting
▲1%

Strategic Planning
▲1%

Tax Compliance
▲1%

National Average
Rs 3,504,000

finance
▼13%

Budget Management
▼20%

Regulatory Compliance
▼27%

Legal Compliance
▼30%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.

Gender

Female
13 %
Male
87 %

Years of Experience

Less than 1 year
3%
1-4 years
10%
5-9 years
9%
10-19 years
41%
20 years or more
38%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 7%
vision benefits
Vision: 7%
no benefits
None: 27%