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Average Deputy CFO Salary in Ethiopia for 2026

A deputy CFO in Ethiopia earns about 194,600 ETB a year. That's 83% above the national average of 106,600 ETB.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Ethiopia sit around 94,400 ETB a year, while the very top stretches to 301,700 ETB. Everything on this page is in Ethiopian birr (ETB, symbol Br), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Ethiopia, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a deputy CFO make in Ethiopia?

Average salary
194,600 ETB
16,216 ETB per month
Lowest reported
94,400 ETB
7,866 ETB per month
Highest reported
301,700 ETB
25,141 ETB per month

A typical deputy CFO working in Ethiopia brings home around 16,216 ETB a month before tax. Entry-level pay starts near 94,400 ETB, and the top of the ladder reaches roughly 301,700 ETB for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior deputy CFO working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How deputy CFO pay ranges in Ethiopia

A good way to think about salary in Ethiopia is to look at the distribution rather than the headline average. Half of all deputy CFOs in Ethiopia earn less than 197,600 ETB a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 130,400 ETB (the 25th percentile), and a quarter clear 254,800 ETB (the 75th percentile). The middle 50% of deputy CFOs sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 94,400 ETB. The highest stretch to 301,700 ETB, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

94,400
Low
197,600
Median
301,700
High
130,400
25th
254,800
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in ETB

Deputy CFO pay by experience in Ethiopia

Years of experience is the single biggest lever on pay for a deputy CFO in Ethiopia, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical deputy CFO salary changes as you move through the career ladder.

  • 0-2 Years
    112,760 ETB
  • 2-5 Years
    +30% from previous
    146,200 ETB
  • 5-10 Years
    +37% from previous
    200,000 ETB
  • 10-15 Years
    +24% from previous
    247,800 ETB
  • 15-20 Years
    +7% from previous
    266,000 ETB
  • 20+ Years
    +6% from previous
    282,500 ETB

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 37%. That is the point at which a deputy CFO typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Deputy CFO pay by education in Ethiopia

Education sits alongside experience as one of the biggest factors driving deputy CFO pay in Ethiopia. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average deputy CFO salary in Ethiopia broken down by the highest level of education a worker has completed.

  • Certificate or Diploma
    146,200 ETB
  • Bachelor's Degree
    +35% from previous
    196,800 ETB
  • Master's Degree
    +53% from previous
    301,800 ETB

Deputy CFO gender pay gap in Ethiopia

The gender pay gap is a stubborn feature of almost every labour market, and Ethiopia is no exception. Male deputy CFOs in Ethiopia earn an average of 204,700 ETB a year, while female deputy CFOs earn around 183,600 ETB. That works out to a 11% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Deputy CFO gender pay gap

10%

Men earn this much more than women on average in Ethiopia.

Men 204,700 ETB
Women 183,600 ETB

Pay raises for a deputy CFO in Ethiopia

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Ethiopia sees a raise of about 8% every 30 months, which works out to roughly 3% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Ethiopia, the national average raise is around 4% every 29 months.

By industry

Industries with the highest pay raises in Ethiopia:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Deputy CFO bonus rates in Ethiopia

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

65%

65% of deputy CFOs in Ethiopia reported a bonus of some kind in the past twelve months. That makes a deputy CFO a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 5% to 9% of base salary. The remaining 35% of deputy CFOs reported no bonus at all over the same period.

Which careers pay bonuses in Ethiopia

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Deputy CFO: public vs private sector pay

Public-sector pay in Ethiopia is about 15% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

13%

Public-sector workers earn this much more than private-sector workers in Ethiopia on average.

Public sector 113,780 ETB
Private sector 99,080 ETB

Deputy CFO salary by city in Ethiopia

Deputy CFO pay is not even across Ethiopia. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Adis Abeba
  • Gonder
  • Mekele
LocationTypeAverageMedianRange
Adis AbebaCity231,000 ETB216,800 ETB123,400-351,900 ETB
GonderCity209,700 ETB201,100 ETB108,080-319,600 ETB
MekeleCity183,600 ETB183,600 ETB92,240-282,300 ETB


Deputy CFO in Ethiopia: FAQs

  • How much does a deputy CFO make per month in Ethiopia?

    A deputy CFO in Ethiopia earns about 16,216 ETB a month before tax, based on an annual average of 194,600 ETB.

  • What's the salary range for a deputy CFO in Ethiopia?

    Entry-level deputy CFOs in Ethiopia start near 94,400 ETB. Top-end pay reaches around 301,700 ETB. The middle 50% of earners sit between 130,400 and 254,800 ETB.

  • Is the median deputy CFO salary in Ethiopia higher or lower than the average?

    The median is 197,600 ETB, higher than the average of 194,600 ETB. Half of deputy CFOs in Ethiopia earn below the median, half earn above it.

  • What's the gender pay gap for deputy CFOs in Ethiopia?

    Men working as a deputy CFO in Ethiopia earn around 11% more than women on average (204,700 vs 183,600 ETB a year).

  • Do deputy CFOs in Ethiopia get bonuses?

    About 65% of deputy CFOs in Ethiopia reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 9% of base salary.

  • Do deputy CFOs earn more in the public or private sector in Ethiopia?

    In Ethiopia, the public sector pays a deputy CFO about 15% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do deputy CFOs in Ethiopia get a pay raise?

    A deputy CFO in Ethiopia sees a raise of around 8% every 30 months, equivalent to roughly 3% a year.