£100,030
Avg. Salary
£37.50
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

£20,506

Profit Sharing

£10,019

The average pay for a Chief Financial Officer (CFO) is £37.50 per hour.

The average pay for a Chief Financial Officer (CFO) is £100,030 per year.

$0
10%
$38
50%
$0
90%
MEDIAN $38
$54k
10%
$100k
50%
$165k
90%
MEDIAN $100,030
£53,735 - £164,605
£54K
£100K
£160K
MEDIAN: £100,030
10%
50%
90%
£0£198K
Salary £53,735 - £164,605
Bonus £3,029 - £52,003
Profit Sharing £0.00 - £35,479
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).
)
£56,015 - £198,101
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 13 Oct 2018
  • Individuals Reporting: 430

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

  • 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.

Common Career Paths for Chief Financial Officer (CFO)


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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.

Pay Difference by Location

10%

National Average: £112,495

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

Chief Financial Officer (CFO) Advice

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

Chief Financial Officer (CFO) in London:
"Open Mind."
Always keep an open mind. Thinking inside the box like exams teach you will only hinder your growth. Listen and Learn, don't be afraid to suggest other ideas. The CEO will always love and hate you. Don't take it personal.

Chief Financial Officer (CFO) in London:
"Get facetime with senior management."
Get the basics right - Governance. Be a Business partner : find ways to help the business make the right decisions.

Chief Financial Officer (CFO) in London:
"demanding, fast paced, stressful"
Pros: The challenge and demands of working in a low margin business. Making investment and financing decisions for new business and products. Building and improving systems to ensure that the information finance produces is not only reliable, but also relevant to the other decision makers.
Cons: Being the only female executive. The boardroom politics.

Related Job Salaries

Key Stats for Chief Financial Officer (CFO)

Gender

Female
24 %
Male
76 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
Less than 1 year
1%
1-4 years
10%
5-9 years
13%
10-19 years
38%
20 years or more
38%

Experience Affects Chief Financial Officer (CFO) Salaries

▲6%

Experienced
▼0%

National Average
₤112,000

Mid-Career
▼25%

Entry-Level
▼34%

Skills That Affect Chief Financial Officer (CFO) Salaries

Senior Financial Management
▲31%

Business Strategy
▲29%

Strategy
▲20%

Financial Analysis
▲20%

National Average
₤112,000

SAP SAP Financial Accounting and Controlling (SAP FICO)
▼4%

Financial Modeling
▼11%

Financial Reporting
▼13%

Budget Management
▼13%

Strategic Planning
▼16%

Accounting
▼19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.

Gender

Female
24 %
Male
76 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
13%
10-19 years
38%
20 years or more
38%

Common Health Benefits

medical benefits
Medical: 65%
dental benefits
Dental: 18%
vision benefits
Vision: 13%
no benefits
None: 33%