FD
Johannesburg
Today

Salary: 2500000

Are you ready to shape the financial strategy of a forward-thinking, innovative technology company?

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Financial Director
Johannesburg
Today

Salary: 2500000

Are you a visionary Financial Director looking to drive a company’s financial strategy and operational excellence as they continue their journey of growth and transformation. If so, we have the perfect role for you!

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CFO
Democratic Republic Of The Congo
3 days ago

Chief Financial Officer (cfo) for the DRC. 

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Chief Financial Officer
Johannesburg
3 days ago

Salary: 100000

Our client in Honeydew is looking for a cfo to join their team in the Solar and Renewable Energy industry

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Financial Director
Johannesburg
4 days ago

Salary: Market Related

We are looking for a Financial Director in the Johannesburg South Area.

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Financial Director
Johannesburg
4 days ago

Our Client is looking at recruiting a Financial Director responsible for overseeing the financial health of the organization. This role involves strategic planning, financial forecasting, budgeting, and analysis to ensure the company meets its financial objectives. The Financial Director will manage the finance team, develop financial policies, and provide insights to support decision-making at th...

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CFO
Johannesburg
4 days ago

Salary: 1700000 Annually

Are you a visionary financial leader looking to make a meaningful impact? We want to hear from you!

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Group Finance Director
Kenya
7 days ago

An Exciting Opportunity for a Group Finance Director!A Recruitment Researcher is currently seeking an experienced Group Finance Director for a prestigious global brand in the Banking Sector, based in Nairobi.This is a high-impact role that offers a fantastic opportunity for a seasoned finance professional to contribute strategically within a leading financial institution, championing both financia...

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Chief Financial Officer
Johannesburg
8 days ago

Salary: 2000 000 Annually

Lead Financial Strategy as a cfo – Drive Growth, Innovation, and Operational Excellence in a Dynamic Manufacturing Environment! 

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Chief Financial Officer
Johannesburg
8 days ago

Take the Lead as a cfo – Drive Financial Strategy and Growth in a Dynamic Manufacturing and Engineering Environment!

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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.