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Chief Financial Officer Salaries: UK Averages 2025

Explore the average range of a Chief Financial Officer salary in the UK by location:

  • London: £100k - £364k
  • Midlands: £120k - £215k
  • North: £125k - £300k
  • Merseyside: £80k - £220k

 

CFO salary trends

The role of Chief Financial Officer continues to be a pivotal position in the UK, across all sectors, from small enterprises to large corporations. It is important to note that while the role is typically in high demand, the level of demand can fluctuate based on industry trends and market conditions. To stay ahead in the ever-evolving market, it is crucial to keep your skills updated and gain expertise in areas such as technology integration, data analytics, and strategic leadership, as these competencies open greater opportunities and the most Chief Financial Officer jobs.

The average Chief Financial Officer salary in the UK varies across regions, but you can anticipate salary ranges between £80,000 and £364,000 depending on the following factors.

What factors influence the salary of a Chief Financial Officer?

Experience

Highly experienced CFOs, especially those with over 5 years in the role, often command higher salaries due to their extensive expertise and the strategic value they bring to an organisation.

Qualifications

For a CFO looking to enhance their earning potential, pursuing advanced qualifications, such as ACCA, ACA, or an MBA, can be beneficial. Additionally, continuous learning through workshops, seminars, and staying ahead of industry trends can also contribute to a higher CFO salary UK.

Industry

Industries such as Banking & Financial Services often have higher revenue streams, enabling them to offer competitive compensation packages to those with specialised skills. Commerce & Industry generally has broader salary ranges, covering a diverse array of businesses beyond the financial sector.

A Chief Financial Officer working in Banking & Financial Services can earn up to £364,000, while those in Commerce & Industry might earn 17% less, at £300,000.

Company size

Larger corporations tend to have more complex financial operations and higher budgets, which in turn can provide competitive salaries for their CFOs.

A qualified CFO in Commerce & Industry within a medium enterprise (with a headcount of 50 – 250) can offer a salary range of £100,000 – £190,000, whereas a large enterprise (with a headcount of 250+) can offer a salary range of £190,000 – £300,000.

Location

Salaries are typically higher in major UK cities where the cost of living is elevated, and the demand is greater. For example, a CFO salary London might range between £100,000 and £364,000, whereas those working in Merseyside might earn between £80,000 and £220,000.

FAQs: Chief Financial Officer

CFOs often receive a range of benefits in addition to their base salary. This varies depending on the company, industry, and role, but common perks include:

  • Bonuses and Incentives
  • Healthcare and Insurance
  • Retirement Plans
  • Flexible Work Arrangements
  • Professional Development
  • Qualification Reimbursement
  • Paid Time Off (PTO)
  • Travel Benefits
  • Company Discounts

Yes, due to different compensation structures, freelance CFOs can be paid differently compared to full-time employees. Here are some factors that influence how freelance CFOs are compensated:

  • Hourly or project-based rates
  • Flat fees
  • Value-based pricing
  • Retainer Agreements
  • Geographic considerations
  • Industry specialisation
  • Market demand
  • Experience and reputation
  • Remote work flexibility

The Robert Walters Salary Survey is an excellent tool for researching Chief Financial Officer salaries in the UK and includes:

Enhanced data - salary ranges and averages across large, medium and small enterprises

Hiring Trends - See what hiring trends look like for your industry in 2025

Talent Hotspots - Learn what skill sets will be in demand for the year ahead for each sector

Expectations - Explore how to attract and retain the best talent with the right offerings

Download your free copy today.

Robert Walters has extensive expertise in placing Chief Financial Officers in prestigious companies across the UK, offering insights into what attracts top talent and how to craft effective job specifications.

If you have an immediate Chief Financial Officer requirement, submit a vacancy here, and one of our recruitment experts will be in touch.

  




 
Salary Survey 2025
Developed in partnership with a market leading data provider, we assessed over 100,000 jobs posted over the last 12-months, to provide you accurate data points on UK salary ranges, averages and expectations for permanent, contract and interim positions across the UK.

Hiring Manager? Benchmark your teams salaries

If you’re growing your team or simply need to retain the talent you have, the Salary Survey gives you the insights you need to have the right team in place to keep your business moving forward.

Candidate? Find out your salary with an individual salary guide

Whether you’re looking for a new role or preparing for your end-of-year appraisal, the Salary Survey will arm you with everything you need to know to get what you deserve.

Bespoke salary benchmarking

Using a combination of our own data, publicly available insights and our recruitment experts, we build bespoke overviews of the salaries and benefits required to attract talent.