What does a CFO do?

Chief financial officers are top-level company executives who are responsible for overseeing the organization’s financial operations. They create and implement annual budgets and spending plans. They establish and enforce official policies and procedures, and ensure that all financial matters are conducted in compliance with applicable standards and regulations. They supervise financial record-keeping and documentation management systems to safeguard the security and integrity of sensitive financial information and data. They may also guide long-term investment strategies.

Chief financial officers commonly have at least a bachelor’s degree in business or accounting, although an MBA or other advanced degree is often preferred. They commonly have a CPA license. They have an extensive background in accounting, banking, or financial management. These roles require strong leadership skills and solid strategic planning capabilities.

Education--
Work/Life Balance
4.0 ★
Salary Range--
Career Opportunity
4.1 ★
Avg. Experience2-4 years

CFO Salaries

Average Base Pay

£117,388 /yr
Same as national average
Not including cash compensation
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£72K
Median: £117K
£191K
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Glassdoor Estimated Salary

CFO Career Path

Learn how to become a CFO, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

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CFO Insights

Read what CFO professionals have to say about their job experiences and view top companies for this career.
Ascent CFO SolutionsAscent CFO Solutions
Chief Financial Officer (CFO)
2 Nov 2021

“Ascent CFO is a great team and I love the collaborative nature of working with others in the same capacity.”

Best LawyersBest Lawyers
Chief Financial Officer
17 Feb 2021

“It has provided me with so many opportunities to grow and I have felt supported along the way.”

GSE RenewablesGSE Renewables
Chief Financial Officer
2 Dec 2020

“Any candidate joining the team would get a good learning opportunity along with a good career”

D3 Security Management SystemsD3 Security Management Systems
Chief Financial Officer (CFO)
7 Nov 2020

“It is an unfortunate reality I worked there but thankfully it was a very short time.”

Superior Tank LinesSuperior Tank Lines
Chief Financial Officer
11 Jan 2020

“The owners takes care of the employees better than any other I have worked for.”

LeanplumLeanplum
Chief Financial Officer
8 Mar 2021

“Our board is incredibly supportive of what we are doing and they represent some of the best VC firms in Silicon Valley.”

Munijoven
Chief Financial Officer
12 Jan 2022

“Good and stable place to work”

National Society of Black EngineersNational Society of Black Engineers
Chapter Treasurer
29 Oct 2019

“You meet so many educated people of color and it really opens your eyes to our endless possibilities.”

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CFO Interviews

Related Careers

President
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Chief Operating Officer
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Ceo
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Senior Leadership
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CFO jobs

Frequently asked questions about the role and responsibilities of a cfo

The most similar professions to cfo are:
  • President
  • Chief Operating Officer
  • Ceo
  • Senior Leadership