Chief Financial Officer Salary in Wales | Robert Half UK

Chief Financial Officer in Wales

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 Wales
122500 - 200900
25th Percentile
122500
Little or no prior experience in the position; still developing relevant skills. Demand: Low
50th Percentile
166600
Some prior experience in the position; has several relevant skills. Demand: Moderate
75th Percentile
200900
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 108045 123970 137200 Finance Director 82565 98000 121030 Shared Service Centre Director 75950 86240 98000 Group Financial Controller 74970 90405 124950 Financial Controller 66395 80360 88445 Finance Manager 52430 60760 64680 Group Accountant 52920 60270 64925 Qualified Management / Financial Accountant 48510 52920 56840 Director of Audit & Risk 85260 89915 102900 Internal Audit Manager 56350 63700 68600 Internal Auditor 49000 52185 57575 Treasury Manager 63945 71050 76440 Treasury Accountant 49000 53410 60270 Tax Manager 57330 69580 85750 Tax Accountant 49245 53900 60270

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