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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: 403,601 ZAR
Estimated Monthly Salary: 33,633 ZAR
Estimated Weekly Salary: 7,762 ZAR per week
Estimated Hourly Salary: 194 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 32,517 ZAR
Estimated Weekly Salary: 7,504 ZAR per week
Estimated Hourly Salary: 188 ZAR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 20,213 USD
Estimated Monthly Salary: 1,684 USD
Estimated Weekly Salary: 389 USD per week
Estimated Hourly Salary: 10 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: 403,601 ZAR
Estimated Monthly Salary: 33,633 ZAR
Estimated Weekly Salary: 7,762 ZAR per week
Estimated Hourly Salary: 194 ZAR per hour
By working as Cfo a person can save up to 1,413 USD per month or 16,959 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 South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Cfo
Last revision of data: 2025-01-04
Data as of 2025
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Cfo salary in South Africa
Average Yearly Salary of Cfo in South Africa is approximately 403,601 ZAR (20,213 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: 403,601 ZAR
Estimated Monthly Salary: 33,633 ZAR
Estimated Weekly Salary: 7,762 ZAR per week
Estimated Hourly Salary: 194 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 390,200 ZAREstimated Monthly Salary: 32,517 ZAR
Estimated Weekly Salary: 7,504 ZAR per week
Estimated Hourly Salary: 188 ZAR per hour
Last revision of data: 2024-01-07Cfo estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 20,213 USD
Estimated Monthly Salary: 1,684 USD
Estimated Weekly Salary: 389 USD per week
Estimated Hourly Salary: 10 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
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Cfo job salary compared to average salary in South Africa.
Comparison shows that a person working as Cfo in South Africa earns on average:
3.18 times the average salary (or 318% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Cfo job salary compared to average salary in South Africa.
Comparison shows that a person working as Cfo in South Africa earns on average:
3.18 times the average salary (or 318% 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 443,961 ZAR and 585,221 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Cfo in South Africa?
Living in South Africa the approximate monthly expenses are: 271 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: 403,601 ZAR
Estimated Monthly Salary: 33,633 ZAR
Estimated Weekly Salary: 7,762 ZAR per week
Estimated Hourly Salary: 194 ZAR per hour
By working as Cfo a person can save up to 1,413 USD per month or 16,959 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 South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. 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
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 South Africa
(1,412,867 ZAR per year, pre-tax.)
2. Cardiologist
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5. Neurosurgeon
(1,100,784 ZAR per year, pre-tax.)
(1,077,960 ZAR per year, pre-tax.)
(1,073,792 ZAR per year, pre-tax.)
(1,073,439 ZAR per year, pre-tax.)
9. Oncologist
(1,071,922 ZAR per year, pre-tax.)
10. Urologist
(1,071,632 ZAR per year, pre-tax.)
Data as of 2025Random salary:
Emergency room (er), technician (69,826 ZAR per year, pre-tax.)
Water restoration technician (78,293 ZAR per year, pre-tax.)
Machine operator (85,720 ZAR per year, pre-tax.)
Private wealth manager (197,436 ZAR per year, pre-tax.)
Dog kennel attendant (53,200 ZAR per year, pre-tax.)
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