Chief Financial Officer Salary in South West England | Robert Half UK

Chief Financial Officer in South West England

What is a chief financial officer?

A chief financial officer (CFO) sits on the executive board and advises the CEO on financial activities. They are considered ‘financial business partners’, and are tasked with managing commercial projects, cash flow, financial planning and with reducing risk.

Chief financial officer job description and responsibilities

The CFO job description features a wide range of weighty financial responsibilities which fit the seniority of the role. CFOs work alongside both C-suite executives and junior finance professionals as they guide and shape the business’ financial activities.Typical daily duties include:Managing financial control, risk and group reportingDeveloping financial strategyReviewing, condensing and presenting business finance reportsLeading on the annual financial planning cycleMonitoring the business’ financial plansMaintaining complianceManaging group tax planning and accountingBudgetingMaintaining investor relationsManagement of investment and fundraisingCash flow managementFundraisingBanking covenantsManagement of investmentMergers and acquisitions

Chief financial officer job qualifications, skills and experience

CFO’s should have a strong academic background, with a BA or MA in one of the following subjects:FinanceAccountingEconomicsMathematicsEngineeringExecutives are expected to have a minimum of 10 years’ experience in finance and to have considerable experience in a financial management position. They should be a qualified accountant (ACA or equivalent) and may find it useful to have strong niche industry experience and an MBA.CFOs should aim to develop an understanding of robotics and automation, and how they can be integrated with existing systems and processes.To be a good fit for the position, a CFO is expected to have some of the following personal qualities:Commercial mindsetStrategic thinkingExcellent communication skillsBusiness acumenEntrepreneurial spirit

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Salary for Chief Financial Officer in South West England
131250 - 215250
25th Percentile
131250
Little or no prior experience in the position; still developing relevant skills. Demand: Low
50th Percentile
178500
Some prior experience in the position; has several relevant skills. Demand: Moderate
75th Percentile
215250
Extensive prior experience in the position; has mastered relevant skills. Demand: High
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Group Finance Director 115763 132825 147000 Finance Director 88463 105000 129675 Shared Service Centre Director 81375 92400 105000 Group Financial Controller 80325 96863 133875 Financial Controller 71138 86100 94763 Finance Manager 56175 65100 69300 Group Accountant 56700 64575 69563 Qualified Management / Financial Accountant 51975 56700 60900 Director of Audit & Risk 91350 96338 110250 Internal Audit Manager 60375 68250 73500 Internal Auditor 52500 55913 61688 Treasury Manager 68513 76125 81900 Treasury Accountant 52500 57225 64575 Tax Manager 61425 74550 91875 Tax Accountant 52763 57750 64575

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