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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: 491,518 MAD
Estimated Monthly Salary: 40,960 MAD
Estimated Weekly Salary: 9,452 MAD per week
Estimated Hourly Salary: 236 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 39,567 MAD
Estimated Weekly Salary: 9,131 MAD per week
Estimated Hourly Salary: 228 MAD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 44,533 USD
Estimated Monthly Salary: 3,711 USD
Estimated Weekly Salary: 856 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 491,518 MAD
Estimated Monthly Salary: 40,960 MAD
Estimated Weekly Salary: 9,452 MAD per week
Estimated Hourly Salary: 236 MAD per hour
By working as Cfo a person can save up to 3,111 USD per month or 37,333 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 Morocco, see costs of living in Morocco.
Estimated Yearly Salary for Cfo
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Community association manager (142,500 MAD per year, pre-tax.)
Finance analyst (205,029 MAD per year, pre-tax.)
Career specialist workforce training (82,175 MAD per year, pre-tax.)
State tested nurses aide (stna) (58,318 MAD per year, pre-tax.)
Inventory director (160,500 MAD per year, pre-tax.)
Cfo salary in Morocco
Average Yearly Salary of Cfo in Morocco is approximately 491,518 MAD (44,533 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: 491,518 MAD
Estimated Monthly Salary: 40,960 MAD
Estimated Weekly Salary: 9,452 MAD per week
Estimated Hourly Salary: 236 MAD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 474,804 MADEstimated Monthly Salary: 39,567 MAD
Estimated Weekly Salary: 9,131 MAD per week
Estimated Hourly Salary: 228 MAD per hour
Last revision of data: 2024-01-05Cfo estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 44,533 USD
Estimated Monthly Salary: 3,711 USD
Estimated Weekly Salary: 856 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Morocco is a country located in North Africa. It has a population of approximately 36 million people and covers an area of about 446,550 square kilometers. The country is known for its diverse landscapes, including the Atlas Mountains, Sahara Desert, and coastal regions.
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Cfo job salary compared to average salary in Morocco.
Comparison shows that a person working as Cfo in Morocco earns on average:
3.28 times the average salary (or 328% of average salary).
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Cfo job salary compared to average salary in Morocco.
Comparison shows that a person working as Cfo in Morocco earns on average:
3.28 times the average salary (or 328% of average salary).
Is Cfo a well paid job?
Yes, our data show that Cfo is a very 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 540,670 MAD and 712,701 MAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Cfo in Morocco?
Living in Morocco the approximate monthly expenses are: 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: 491,518 MAD
Estimated Monthly Salary: 40,960 MAD
Estimated Weekly Salary: 9,452 MAD per week
Estimated Hourly Salary: 236 MAD per hour
By working as Cfo a person can save up to 3,111 USD per month or 37,333 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 Morocco, see costs of living in Morocco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Algeria, Western Sahara, Spain. 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
Algeria is 41,543 USD
Spain is 94,635 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 Morocco
(1,720,305 MAD per year, pre-tax.)
2. Cardiologist
(1,434,963 MAD per year, pre-tax.)
(1,385,679 MAD per year, pre-tax.)
4. Neurosurgeon
(1,340,476 MAD per year, pre-tax.)
(1,339,746 MAD per year, pre-tax.)
(1,312,948 MAD per year, pre-tax.)
(1,311,162 MAD per year, pre-tax.)
(1,309,794 MAD per year, pre-tax.)
9. Urologist
(1,309,746 MAD per year, pre-tax.)
(1,308,087 MAD per year, pre-tax.)
Data as of 2025Random salary:
Community association manager (142,500 MAD per year, pre-tax.)
Finance analyst (205,029 MAD per year, pre-tax.)
Career specialist workforce training (82,175 MAD per year, pre-tax.)
State tested nurses aide (stna) (58,318 MAD per year, pre-tax.)
Inventory director (160,500 MAD per year, pre-tax.)
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