Financial Director
Stellenbosch
1 day ago

Hospitality Estate in the Brackenfell / Stellenbosch area is looking for an experienced Finance Director.The Finance Director will take primary responsibility for making decisions for the company for projects and its finances (financial planning, management of financial risks, record-keeping, and financial reporting, and the analysis of data). The candidate will have ultimate authority over the fi...

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Financial Director
Stellenbosch
2 days ago

A beautiful, tranquil wine estate, known for its luxury accommodation and superb facilities is looking for a FINANCE DIRECTOR

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Chief Financial Officer – Constantia CPT
Capetown
2 days ago

Salary: Monthly

DBN000040 Chief Financial Officer  – Constantia, CT Purpose of the job: To take responsibility for the full finance function of a group of entities.Required Qualifications Finance related tertiary qualification.CA(SA)

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Chief Financial Officer (CFO)
Cape Winelands: Boland
2 days ago

Salary: 1 000 000 Annually

A leading company in South Africa is on the hunt for a cfo to join one of their divisions. This rare opportunity is ideal for a cfo looking to immerse themselves in the operational aspects of the business. Don’t miss out—apply now to be considered for this remarkable role!

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Chief Financial Officer (CFO)
Cape Winelands: Boland
2 days ago

Salary: 1 000 000 Annually

A leading company in South Africa is on the hunt for a cfo to join one of their divisions. This rare opportunity is ideal for a cfo looking to immerse themselves in the operational aspects of the business. Don’t miss out—apply now to be considered for this remarkable role!

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Group Chief Financial Officer
Capetown
2 days ago

Neo Brokers is a dynamic and innovative company dedicated to providing B2B FinTech solutions on the African continent.The Group cfo (Chief Financial Officer) will oversee the entire finance department and will be responsible for the accurate and timely execution and management of the Finance and Accounting Department activities within the business. To provide strategic direction to the organisatio...

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Chief Financial Officer
Nelspruit
4 days ago

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Group Chief Financial Officer
Capetown
6 days ago

Salary: 1500000 Annually

The Group Chief Financial Officer is a strategically focused position that will provide strategic leadership to the business. In this role you will serve as the financial gatekeeper for the company, fulfilling traditional stewardship responsibilities relating to governance, compliance and control, and business ethics. The role furthermore serves as a trusted business value creation partner to...

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CFO
Johannesburg
9 days ago

Salary: R 1 900 000 Annually

A cfo Opportunity – Drive Innovation in Alternative Investments!

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CFO
Johannesburg
10 days ago

Salary: 2 000 000

We are seeking an experienced and strategic Chief Financial Officer (cfo) to lead the financial operations of this company.

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Chief Financial Officers (CFO) Jobs in South Africa (Ultimate Guide)<

 

The role of chief financial officer (CFO), whether it be held in-house or outsourced to a virtual or fractional CFO, is now seen as more of an investment than an expense by forward-thinking businesses. We’ve compiled the ultimate guide to CFO jobs in South Africa.

What does a CFO job in South Africa entail?

Business planning, budgeting, forecasting, risk and governance, and negotiations are all tasks that fall under the purview of a company's Chief Financial Officer (CFO), who is also responsible for their entire strategy planning, implementation, management, and operation of the financial division.

Other Useful Career Guides:
What career opportunities are there for CFOs in South Africa?

The post of chief financial officer (CFO) may have been defined by large public organisations, but the chief financial officer position is becoming increasingly widespread in firms of all sizes, including small and medium-sized businesses.

This means there is ample opportunities for a wide range of CFO’s or acting CFO’s in South Africa. Every business no matter its size needs adequate financial planning to ensure that it can be successful.

How to get a CFO job in South Africa?

Choose  your post matric qualifications carefully. Get as much financial experience as possible that can either be from work, studies or general reading.. Choose jobs that will help you learn more about financial matters so either work in the finance industry or the finance department of a company. Take on roles that  will challenge your current skills. Reseach all the current accounting qualifications presently on offer in South Africa so you can plan your career carefully as the CFO role is the highest financial position in a company. Know the difference between a CA(SA), AGA(SA) and AT(SA) qualifications etc.

How to become a CFO

Obtaining the position of chief financial officer often requires a bachelor's degree in accounting, business, economics, finance or management. You will also may need a honours or master's degree or professional accounting credential (such as a CMA or CA(SA)), and around 10 years of work experience. It may take as long as 10 to 15 years to accomplish all of these, and  ones studies and work can overlap in some cases.

According to Spencer Stuart's in-depth profile analysis of chief financial officers at the JSE Top 40, South Africa's largest publicly traded companies by market capitalisation, 90% of CFOs hold the Chartered Accountant accreditation. About one-quarter of chief financial officers (CFOs) hold advanced degrees (Masters, MBA or PhD).

Pros and cons of being a CFO

It takes hard work and commitment to rise to the position of CFO. An exceptional blend of academic training and practical experience is needed to fill the role of CFO. The path to CFO does not have any easy outs. In exchange for your time and energy, though, a corporation will provide you with a position that is critical to its further growth.

The CFO has access to details and decision-making processes that few other employees do. Work in this field comes with significant potential payoffs but also significant risks.

Being a Chief Financial Officer (CFO) or a business owner that acts as their own CFO can be a very difficult position to be in, and the level of stress only increases as the size of the company you oversee grows.

Frequently asked questions

Is CFO a good career?

Yes. CFOs can work in many industries and companies. It allows you to handle a company's finances at the highest level and assist in other areas. It is also a gateway to becoming a chief executive officer.

Are CFOs in demand?

Yes. CFOs are increasingly filling the role of chief executive officer. The career path from CA (SA) to CFO and then CEO is wide open.

How much does a CFO earn?

In South Africa, a CFO can expect to earn a median annual salary of R 1 031 787.