A Chief Financial Officer (CFO) earns an average salary of £97,981 per year. The highest paying skills associated with this job are Senior Financial Management, Business Strategy, Financial Analysis, and Strategy.
|Salary||£53,179 - £164,322|
|Bonus||£2,036 - £51,029|
|Profit Sharing||£0.00 - £34,521|
|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).)
|£55,751 - £197,231|
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.Read More...
CFOs may oversee departments which are involved in purchasing, pricing, investments, tax, debt management, and accounts payable/receivable; they may oversee all such transactions and record them in books or databases. This information may then be presented in reports to upper management, so strong public speaking and presentation skills are highly beneficial. CFOs must also conduct research and audits to ensure that all departments are following IRS guidelines.
Strong computer skills are important in this position in order to create calculations and reports, and advanced knowledge of accounting, budgeting, and finances is essential. Some travel may occasionally be necessary. A bachelor’s degree in finance or accounting is generally required by employers, and years of prior work experience may also be required. Basic managerial duties relating to hiring, human resources, and employee direction and discipline may also be part of the job. (Copyright 2018 PayScale.com)
Chief Financial Officer (CFO) Tasks
- Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
- Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by regulatory agencies.
- Provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.
Chief Financial Officer (CFO) Job Listings
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 ₤74,000 based on 32 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 ₤85,000 based on 56 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 ₤112,000 based on 105 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 ₤120,000 based on 87 salaries.
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