in short
According to Apec, a CFO (directeur administratif et financier) in France earns €80k gross a year in median pay. Company size weighs the most: €74k below 250 staff, €100k above. Location and line management follow, €93k in the Paris region against €71k elsewhere, €82k with a team against €62k without.
what's the median salary of a CFO in France?
According to Apec's 2025 pay study, administrative and financial management roles (CFO, head of accounting) earn €80k gross a year in median pay, against €55k for managers overall. 80% sit between €49k and €129k, a wide range that reflects very different realities: a CFO at a 20-person SME or a CFO at a listed group.
€80k
median gross annual pay for a CFO in France, 80% of the role earning between €49k and €129k
51%
of CFOs receive variable pay, a median of €10,000
To hire for this role, see our finance recruitment page, which covers the CFO, financial control and treasury.
does managing a team change a CFO's salary?
Yes, one of the sharpest gaps in the role. According to Apec, a CFO who manages a team earns €82k gross median a year, against €62k for one who manages nobody, a €20k gap. Managing a budget adds another €10k (€82k against €72k).
€82k
median salary with line-management responsibility, against €62k without
€82k
median salary with budget responsibility, against €72k without
In the brief, state whether the role manages a finance and accounting team, and whether it manages a budget itself: on this role, those two factors matter more than age (€79k between 35 and 45, €82k above).
is a CFO paid more in Paris, elsewhere in France, or abroad?
A far wider regional gap than for a finance and admin manager (€8k) or a management accountant (€4k). According to Apec, the median is €93k in the Paris region, against €71k in the rest of France, a €22k gap. Roles in overseas territories and abroad stand well apart, at €105k median.
| location | median salary | 80% of the role between |
|---|---|---|
| Paris region | €93k | €59k and €144k |
| rest of France | €71k | €46k and €108k |
| overseas territories and abroad | €105k | €55k and €160k |
does company size change a CFO's salary?
A lot, more than for a management accountant or an accountant. According to Apec, the median is €74k in companies with fewer than 250 staff, against €100k above that threshold, a €26k gap.
€74k
median salary for a CFO in companies with fewer than 250 staff, against €100k above that threshold
An SME's CFO often negotiates financing, tracks cash flow and manages a small accounting team. A group CFO reports to shareholders and runs an entire finance function: the scope changes as much as the salary.
does a CFO earn much more than a finance and admin manager?
Yes: €24k more in median pay according to Apec, €80k against €56k for administrative and financial management roles, the finance and admin manager's family. The gap widens at large companies: above 250 staff, a CFO's median reaches €100k, against €65k for a finance and admin manager.
For the detailed pay range of a finance and admin manager, see our finance and admin manager salary guide. To hire one, see our finance and admin manager page.
what duties and profile justify this salary?
A CFO runs cash flow, negotiates with banks and lenders, builds financial reporting and advises leadership on decisions that commit the company. Under an LBO or during a funding round, they also report to shareholders and prepare audits.
- SME or start-up CFO: builds the first financial steering tools, negotiates with banks alone, manages a small accounting team.
- Group CFO: runs an entire finance function, reports to shareholders, arbitrates investment and financing decisions.
- CFO under an LBO or roll-up strategy: prepares acquisition audits, tracks banking covenants, supports external growth.
To understand how that rate gets negotiated, see our guide on how much a recruitment agency costs. For management control, see our management control page or our management accountant salary guide; for accounting, our accounting page.
frequently asked questions
What's the median salary of a CFO in 2026?
According to Apec, a CFO in France earns €80k gross a year in median pay, and 80% of them between €49k and €129k (2025 edition).
Is a CFO paid more in the Paris region?
Yes, sharply. According to Apec, the median is €93k in the Paris region, against €71k in the rest of France and €105k in overseas territories and abroad (2025 edition).
Does company size change a CFO's salary?
A lot. According to Apec, the median is €74k in companies with fewer than 250 staff, against €100k above that threshold (2025 edition), a €26k gap.
What variable pay does a CFO get?
According to Apec, 51% of CFOs receive variable pay, with a median of €10,000 a year (2025 edition), twice the median amount for a finance and admin manager (€5,000).
How does Muzzo help you hire a CFO?
You set the fee yourself, between 5 and 30%, based on how hard the role is, and only pay it when you hire. Your search goes to the headhunters who have hired the most CFOs, among more than 2,500 selected headhunters.