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The Chief Financial Officer (CFO) is a senior executive responsible for managing the financial operations of a company. Their primary role is to oversee the organization's financial planning, budgeting, and reporting. The CFO plays a critical role in strategic decision-making by providing financial analysis and guidance to the CEO and board of directors. They are also responsible for managing the company's investments, ensuring compliance with financial regulations, and assessing and mitigating financial risks. Additionally, the CFO is often involved in mergers and acquisitions, fundraising activities, and investor relations.
Estimated Yearly Salary: 119,058 KWD
Estimated Monthly Salary: 9,922 KWD
Estimated Weekly Salary: 2,290 KWD per week
Estimated Hourly Salary: 57 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,592 KWD
Estimated Weekly Salary: 2,214 KWD per week
Estimated Hourly Salary: 55 KWD per hour
Last revision of data: 2024-02-03
Estimated Yearly Salary: 39,813 USD
Estimated Monthly Salary: 3,318 USD
Estimated Weekly Salary: 766 USD per week
Estimated Hourly Salary: 19 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 119,058 KWD
Estimated Monthly Salary: 9,922 KWD
Estimated Weekly Salary: 2,290 KWD per week
Estimated Hourly Salary: 57 KWD per hour
By working as Cfo a person can save up to 1,718 USD per month or 20,613 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Cfo
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Secondary school teacher (but not special and vocational education) (34,580 KWD per year, pre-tax.)
Electromechanical engineer (60,655 KWD per year, pre-tax.)
Painting project manager (39,576 KWD per year, pre-tax.)
Customer service representative (22,568 KWD per year, pre-tax.)
Visual merchandiser (21,112 KWD per year, pre-tax.)
Cfo salary in Kuwait
Average Yearly Salary of Cfo in Kuwait is approximately 119,058 KWD (39,813 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Cfo do?
The Chief Financial Officer (CFO) is a senior executive responsible for managing the financial operations of a company. Their primary role is to oversee the organization's financial planning, budgeting, and reporting. The CFO plays a critical role in strategic decision-making by providing financial analysis and guidance to the CEO and board of directors. They are also responsible for managing the company's investments, ensuring compliance with financial regulations, and assessing and mitigating financial risks. Additionally, the CFO is often involved in mergers and acquisitions, fundraising activities, and investor relations.Skills: Finance, Financial Planning, Budgeting, Financial Reporting, Strategic Decision-making, Risk Management
Job industry: Finance
Job industry: Finance
How much does Cfo make?
Salary details
How much does Cfo make?Estimated Yearly Salary: 119,058 KWD
Estimated Monthly Salary: 9,922 KWD
Estimated Weekly Salary: 2,290 KWD per week
Estimated Hourly Salary: 57 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 115,104 KWDEstimated Monthly Salary: 9,592 KWD
Estimated Weekly Salary: 2,214 KWD per week
Estimated Hourly Salary: 55 KWD per hour
Last revision of data: 2024-02-03Cfo estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 39,813 USD
Estimated Monthly Salary: 3,318 USD
Estimated Weekly Salary: 766 USD per week
Estimated Hourly Salary: 19 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Cfo job salary compared to average salary in Kuwait.
Comparison shows that a person working as Cfo in Kuwait earns on average:
9.68 times the average salary (or 968% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Cfo job salary compared to average salary in Kuwait.
Comparison shows that a person working as Cfo in Kuwait earns on average:
9.68 times the average salary (or 968% of average salary).
Is Cfo a well paid job?
Yes, our data shows that Cfo is an extremely well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Cfo?
High salary for Cfo would be somewhere between 130,964 KWD and 172,634 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Cfo in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 119,058 KWD
Estimated Monthly Salary: 9,922 KWD
Estimated Weekly Salary: 2,290 KWD per week
Estimated Hourly Salary: 57 KWD per hour
By working as Cfo a person can save up to 1,718 USD per month or 20,613 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Cfo
Saudi Arabia is 81,968 USD
Iraq is 17,838 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Kuwait
(419,012 KWD per year, pre-tax.)
2. Cardiologist
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
4. Neurosurgeon
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
9. Urologist
(317,161 KWD per year, pre-tax.)
10. Plastic surgeon
(316,850 KWD per year, pre-tax.)
Data as of 2025Random salary:
Secondary school teacher (but not special and vocational education) (34,580 KWD per year, pre-tax.)
Electromechanical engineer (60,655 KWD per year, pre-tax.)
Painting project manager (39,576 KWD per year, pre-tax.)
Customer service representative (22,568 KWD per year, pre-tax.)
Visual merchandiser (21,112 KWD per year, pre-tax.)
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Please note:The salary figures on this website are meant for reference purposes exclusively.
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