Average Chief Financial Officer (CFO) Salary in Kenya

Annual Base Salary - Ksh 8,320,000.00/year

The average annual salary of Chief Financial Officer (CFO) is Ksh 8,320,000.00

Ksh 338,120.00
Low
Ksh 8,320,000.00
Average
Ksh 16,800,000.00
High

The starting salary of Chief Financial Officer (CFO) is between Ksh 287,402.00 and Ksh 338,120.00 whereas the maximum salary range is between Ksh 16,800,000.00 and Ksh 19,320,000.00.

Minimum Annual PayMaximum Annual Pay
Ksh 287,402.00Ksh 19,320,000.00
Bonus Range: Tooltip
Ksh 52,000.00 - Ksh 5,200,000.00
Ksh 52,000.00
Ksh 19,320,000.00
Profit Sharing: Tooltip
Ksh 0.00 - Ksh 4,240,000.00
Ksh 0.00
Ksh 19,320,000.00
  • Currency : KES
  • Annual Salary : Ksh 8,320,000.00
  • Weekly Pay : Ksh 153,846.00
  • Fortnightly Salary : Ksh 307,692.00
  • Monthly Salary : Ksh 666,667.00

Chief Financial Officer (CFO) Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Chief Financial Officer (CFO). As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Chief Financial Officer (CFO) compared to female. Their involvement is 84% while of female is only 16%.

Salary Distribution Based on Years of Experience

The line graph shows Chief Financial Officer (CFO) salary in Kenya on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Chief Financial Officer (CFO) having experience between 1-4 years, their salary is around Ksh 2,007,775.00.

Once the experience reaches 5-9 years Chief Financial Officer (CFO) salary would increase again to a total of Ksh 6,997,206.97, adding Ksh 4,989,431.97 from the last salary increase.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of Ksh 9,494,883.12.

And finally, once the Chief Financial Officer (CFO) gains 20 years of experience or more, their salary would reach Ksh 8,764,200.00.

Prominent Skills Affecting Chief Financial Officer (CFO) Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Chief Financial Officer (CFO)'s salary. It clearly highlights the skills needed for a post of Chief Financial Officer (CFO) when hired by an employer.

The most vital skill expected of Chief Financial Officer (CFO) is Strategic Planning which impacts the most than the rest of the skills indicated with a staggering 13% comparatively. Therefore, one’s salary would greatly depend on their skills in Strategic Planning.

The skill least likely to affect one’s pay would be Financial Reporting with 5%. It can be said that Financial Reporting skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Chief Financial Officer (CFO). Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is Ksh 1,747,200.00 whereas the highest earning is Ksh 9,318,400.00 which clearly shows the salary increases with the level of expertise.

Late Career person will earn the maximum salary of Ksh 9,318,400.00 at 12%. So to summerize, Early Career earns 79% less than the average salary, Mid Carrer earns 18% less than the average salary, Late Career earns 12% more than the average salary, Experienced earns 1% more than the average salary.

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