Average Deputy CFO Salary in Swaziland for 2024

In this article, we will look at the average Deputy CFO salary for 2024 in Swaziland and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Swazi lilangeni. To keep things simple, we are using the SZL currency code instead of the currency symbol L.

How Much Does a Deputy CFO Make in Swaziland?

A Deputy CFO working in Swaziland will typically earn around 111,920 SZL per year, and this can range from the lowest average salary of about 51,900 SZL to the highest average salary of 172,200 SZL.

Average Annual Salary
111,920 SZL
Average Monthly Salary
9,326 SZL

Lowest Annual Salary
51,900 SZL
Lowest Monthly Salary
4,325 SZL

Highest Annual Salary
172,200 SZL
Highest Monthly Salary
14,350 SZL

These are average salaries for a Deputy CFO in Swaziland and include benefits such as housing and transport. It's also possible for a Deputy CFO to earn more or less than the average salaries shown above.

Deputy CFO salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Deputy CFO Salaries in Swaziland

So we've looked at the average salaries a Deputy CFO will earn in Swaziland. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Deputy CFO can earn between 51,900 SZL and 172,200 SZL on average in Swaziland. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Deputy CFO in Swaziland is 116,180 SZL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 116,180 SZL, and 50% of the population earn more than 116,180 SZL.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Deputy CFO salary in Swaziland, 25% of the population are earning less than 77,380 SZL while 75% of the population earn more than 77,380 SZL.

75% of the population earn less than 152,100 SZL, and 25% of the population earn more than 152,100 SZL.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Deputy CFO Salary by Experience Level in Swaziland

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average deputy cfo salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Deputy CFO in Swaziland that has less than two years of experience can expect to earn somewhere in the region of 63,700 SZL.
  • 2 - 5 Years Experience. With two to five years of experience the average Deputy CFO salary would increase to 87,760 SZL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Deputy CFO, the average salary would be 115,400 SZL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 143,200 SZL.
  • 15 - 20 Years Experience. A Deputy CFO with 15 to 20 years of experience can earn an average of 152,000 SZL.
  • 20+ Years Experience. For a Deputy CFO with more than 20 years, the expected average salary increases to 168,100 SZL.

Average Salary by Experience Chart

0-2 Years
63,700 SZL
2-5 Years +42%
87,760 SZL
5-10 Years +31%
115,400 SZL
10-15 Years +23%
143,200 SZL
15-20 Years +6%
152,000 SZL
20+ Years +10%
168,100 SZL

Deputy CFO Salary by Education Level in Swaziland

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Deputy CFO in Swaziland based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Deputy CFO in Swaziland with a certificate or diploma education can earn an average salary of 76,440 SZL.

  • Bachelor's Degree. A Deputy CFO in Swaziland with a bachelor's degree education can earn an average salary of 125,100 SZL.

  • Master's Degree. A Deputy CFO in Swaziland with a master's degree education can earn an average salary of 163,800 SZL.

Average Salary by Education Chart

Certificate or Diploma
76,440 SZL
Bachelor's Degree +59%
125,100 SZL
Master's Degree +33%
163,800 SZL

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Swaziland is around 22,500 to 67,600 SZL and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Deputy CFO Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Swaziland, a male deputy cfo will earn an average of 118,380 SZL, while a female deputy cfo will earn around 109,000 SZL.

This means that a male deputy cfo earns approximately 9% more than a female deputy cfo for performing the same job.

Average Salary by Gender Chart in Swaziland

Male
118,380 SZL
Female -9%
109,000 SZL

Deputy CFO Average Pay Raise in Swaziland

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Deputy CFO in Swaziland is around 10% every 29 months.

The national average pay raise across all professions and industries in Swaziland is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 10 ÷ 29 ) × 12  = 4%

What this means is that a Deputy CFO in Swaziland can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Swaziland for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Swaziland.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Deputy CFO Bonus and Incentive Rates in Swaziland

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Deputy CFO is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
67%
No Bonus
33%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Swaziland earn approximately 9% more than private sector employees in the same role.

Public Sector
55,580 SZL
Private Sector -9%
50,980 SZL

Salaries for Jobs Similar to a Deputy CFO

In the table below, we have salary information for jobs that are similar to a Deputy CFO in Swaziland.

Job Title Category Salary
Account Examiner Accounting and Finance 29,320 SZL
Account Executive Accounting and Finance 50,080 SZL
Accountant Accounting and Finance 39,560 SZL
Accounting Analyst Accounting and Finance 48,560 SZL
Accounting Assistant Accounting and Finance 31,960 SZL
Accounting Associate Accounting and Finance 26,660 SZL
Accounting Clerk Accounting and Finance 22,400 SZL
Accounting Coordinator Accounting and Finance 34,120 SZL
Accounting Head Accounting and Finance 78,620 SZL
Accounting Manager Accounting and Finance 80,020 SZL
Accounting Officer Accounting and Finance 28,860 SZL
Accounting Specialist Accounting and Finance 56,060 SZL
Accounting Supervisor Accounting and Finance 53,660 SZL
Accounting Technician Accounting and Finance 26,400 SZL
Accounting Unit Controller Accounting and Finance 65,920 SZL
Accounts Executive Accounting and Finance 51,080 SZL
Accounts Officer Accounting and Finance 33,440 SZL
Accounts Payable and Receivable Specialist Accounting and Finance 38,780 SZL
Accounts Payable Assistant Accounting and Finance 29,160 SZL
Accounts Payable Associate Accounting and Finance 35,520 SZL
Accounts Payable Clerk Accounting and Finance 29,840 SZL
Accounts Payable Manager Accounting and Finance 77,380 SZL
Accounts Receivable Administrator Accounting and Finance 57,080 SZL
Accounts Receivable Clerk Accounting and Finance 27,020 SZL
Accounts Receivable Financial Analyst Accounting and Finance 52,300 SZL
Accounts Receivable Manager Accounting and Finance 77,380 SZL
Accounts Receivable Team Leader Accounting and Finance 57,080 SZL
Assistant Accountant Accounting and Finance 30,800 SZL
Assistant Accounting Manager Accounting and Finance 74,540 SZL
Assistant Auditor Accounting and Finance 41,980 SZL
Assistant Corporate Controller Accounting and Finance 54,180 SZL
Assistant Finance Manager Accounting and Finance 84,180 SZL
Assistant Financial Controller Accounting and Finance 51,900 SZL
Audit Director Accounting and Finance 91,960 SZL
Audit Supervisor Accounting and Finance 73,800 SZL
Auditing Clerk Accounting and Finance 33,440 SZL
Auditing Manager Accounting and Finance 78,400 SZL
Billing Clerk Accounting and Finance 31,540 SZL
Billing Coordinator Accounting and Finance 36,160 SZL
Billing Specialist Accounting and Finance 43,520 SZL
Billing Supervisor Accounting and Finance 59,940 SZL
Bookkeeper Accounting and Finance 24,720 SZL
Bookkeeping Specialist Accounting and Finance 36,720 SZL
Budget Analyst Accounting and Finance 68,360 SZL
Budget Manager Accounting and Finance 82,920 SZL
Business Support Analyst Accounting and Finance 46,720 SZL
Capital Markets Associate Accounting and Finance 63,700 SZL
Cash Flow Analyst Accounting and Finance 60,020 SZL
Cash Management Manager Accounting and Finance 78,260 SZL
Cash Management Officer Accounting and Finance 48,820 SZL
Cashbook Clerk Accounting and Finance 28,660 SZL
Chartered Accountant Accounting and Finance 53,860 SZL
Chief Accountant Accounting and Finance 57,320 SZL
Collections Clerk Accounting and Finance 22,400 SZL
Collections Representative Accounting and Finance 35,560 SZL
Collections Specialist Accounting and Finance 38,700 SZL
Corporate Controller Accounting and Finance 66,820 SZL
Corporate Treasurer Accounting and Finance 75,280 SZL
Cost Accountant Accounting and Finance 39,960 SZL
Cost Accounting Manager Accounting and Finance 79,360 SZL
Cost Accounting Supervisor Accounting and Finance 64,040 SZL
Cost Analyst Accounting and Finance 61,580 SZL
Credit and Collection Manager Accounting and Finance 79,000 SZL
Credit and Collection Staff Accounting and Finance 31,540 SZL
Credit and Loans Officer Accounting and Finance 27,480 SZL
Credit Controller Accounting and Finance 50,180 SZL
Credit Manager Accounting and Finance 82,720 SZL
Debt Adviser Accounting and Finance 64,200 SZL
Debt Collector Accounting and Finance 32,960 SZL
Debtors Clerk Accounting and Finance 28,660 SZL
Debtors Controller Accounting and Finance 28,860 SZL
Deputy Head of Finance Accounting and Finance 113,220 SZL
Derivative Trader Accounting and Finance 66,440 SZL
Director of Finance Accounting and Finance 115,560 SZL
Economist Accounting and Finance 94,380 SZL
Equity Analyst Accounting and Finance 66,840 SZL
Escrow Assistant Accounting and Finance 35,000 SZL
Executive Accountant Accounting and Finance 43,260 SZL
External Auditor Accounting and Finance 54,460 SZL
Finance Administrator Accounting and Finance 47,180 SZL
Finance Analyst Accounting and Finance 70,940 SZL
Finance Associate Accounting and Finance 33,980 SZL
Finance Director Accounting and Finance 116,740 SZL
Finance Executive Accounting and Finance 81,880 SZL
Finance Licensing Clerk Accounting and Finance 26,400 SZL
Finance Licensing Manager Accounting and Finance 75,220 SZL
Finance Licensing Specialist Accounting and Finance 43,260 SZL
Finance Manager Accounting and Finance 114,380 SZL
Finance Officer Accounting and Finance 39,160 SZL
Finance President Accounting and Finance 119,900 SZL
Finance Relationship Manager Accounting and Finance 93,120 SZL
Finance Release Analyst Accounting and Finance 46,720 SZL
Finance Specialist Accounting and Finance 69,240 SZL
Finance Team Leader Accounting and Finance 89,280 SZL
Financial Accountant Accounting and Finance 41,980 SZL
Financial Actuary Accounting and Finance 59,000 SZL
Financial Administrator Accounting and Finance 67,020 SZL
Financial Advisor Accounting and Finance 73,020 SZL
Financial Analyst Accounting and Finance 68,360 SZL
Financial Applications Specialist Accounting and Finance 50,340 SZL
Financial Assistant Accounting and Finance 31,980 SZL
Financial Associate Accounting and Finance 33,960 SZL
Financial Associate Accounting and Finance 37,880 SZL
Financial Claims Analyst Accounting and Finance 50,340 SZL
Financial Claims Manager Accounting and Finance 67,360 SZL
Financial Claims Supervisor Accounting and Finance 64,040 SZL
Financial Clerk Accounting and Finance 31,380 SZL
Financial Commercial Analyst Accounting and Finance 57,440 SZL
Financial Compliance Analyst Accounting and Finance 67,560 SZL
Financial Consultant Accounting and Finance 56,100 SZL
Financial Controller Accounting and Finance 64,200 SZL
Financial Controller Accounting and Finance 66,940 SZL
Financial Coordinator Accounting and Finance 35,300 SZL
Financial Customer Service Manager Accounting and Finance 73,100 SZL
Financial Dealer and Broker Accounting and Finance 42,960 SZL
Financial Director Accounting and Finance 119,560 SZL
Financial Encoder Accounting and Finance 34,480 SZL
Financial Manager Accounting and Finance 104,060 SZL
Financial Manager Accounting and Finance 110,500 SZL
Financial Operations Manager Accounting and Finance 99,100 SZL
Financial Policy Analyst Accounting and Finance 64,640 SZL
Financial Project Manager Accounting and Finance 80,840 SZL
Financial Quantitative Analyst Accounting and Finance 71,020 SZL
Financial Reporting Consultant Accounting and Finance 54,280 SZL
Financial Reporting Manager Accounting and Finance 78,620 SZL
Financial Section Head Accounting and Finance 73,820 SZL
Financial Services Manager Accounting and Finance 104,040 SZL
Financial Services Sales Agent Accounting and Finance 42,320 SZL
Fixed Assets Administrator Accounting and Finance 42,320 SZL
Forensic Accountant Accounting and Finance 47,180 SZL
Fraud Detection Supervisor Accounting and Finance 49,560 SZL
Fraud Prevention Manager Accounting and Finance 85,460 SZL
Fund Accountant Accounting and Finance 37,880 SZL
Grants Coordinator Accounting and Finance 26,400 SZL
Group Financial Manager Accounting and Finance 113,560 SZL
Internal Auditor Accounting and Finance 53,120 SZL
Internal Control Adviser Accounting and Finance 63,480 SZL
Internal Control Officer Accounting and Finance 36,160 SZL
International Tax Director Accounting and Finance 93,280 SZL
Inventory Accountant Accounting and Finance 42,320 SZL
Investment Advisor Accounting and Finance 99,220 SZL
Investment Analyst Accounting and Finance 75,220 SZL
Investment Associate Accounting and Finance 64,640 SZL
Investment Broker Accounting and Finance 66,020 SZL
Investment Fund Manager Accounting and Finance 86,760 SZL
Investment Operations Manager Accounting and Finance 84,580 SZL
Investment Underwriter Accounting and Finance 31,980 SZL
Investor Accounting and Finance 51,900 SZL
Investor Relations Manager Accounting and Finance 76,540 SZL
KYC Team Leader Accounting and Finance 80,580 SZL
Loan Processor Accounting and Finance 30,700 SZL
Management Accountant Accounting and Finance 43,800 SZL
Management Economist Accounting and Finance 86,640 SZL
Paymaster Accounting and Finance 32,900 SZL
Payroll Administrator Accounting and Finance 53,860 SZL
Payroll Benefits Coordinator Accounting and Finance 43,480 SZL
Payroll Billing Manager Accounting and Finance 69,540 SZL
Payroll Clerk Accounting and Finance 36,940 SZL
Payroll Manager Accounting and Finance 73,760 SZL
Payroll Officer Accounting and Finance 35,500 SZL
Payroll Specialist Accounting and Finance 42,040 SZL
Payroll Supervisor Accounting and Finance 50,180 SZL
Pensions Administrator Accounting and Finance 39,560 SZL
Personal Financial Advisor Accounting and Finance 57,860 SZL
Pricing Analyst Accounting and Finance 67,900 SZL
Private Equity Analyst Accounting and Finance 68,320 SZL
Project Accountant Accounting and Finance 45,200 SZL
Proposal Development Coordinator Accounting and Finance 34,980 SZL
Receivables Accountant Accounting and Finance 35,000 SZL
Regulatory Accountant Accounting and Finance 41,180 SZL
Retirement Plan Analyst Accounting and Finance 66,820 SZL
Revenue Management Specialist Accounting and Finance 69,240 SZL
Revenue Recognition Analyst Accounting and Finance 73,760 SZL
Risk Management Director Accounting and Finance 89,980 SZL
Risk Management Supervisor Accounting and Finance 77,380 SZL
Staff Accountant Accounting and Finance 35,260 SZL
Tax Accountant Accounting and Finance 38,140 SZL
Tax Administrator Accounting and Finance 45,580 SZL
Tax Advisor Accounting and Finance 63,500 SZL
Tax Analyst Accounting and Finance 59,380 SZL
Tax Associate Accounting and Finance 34,160 SZL
Tax Consultant Accounting and Finance 59,660 SZL
Tax Director Accounting and Finance 87,040 SZL
Tax Examiner Accounting and Finance 43,220 SZL
Tax Manager Accounting and Finance 78,400 SZL
Tax Research Manager Accounting and Finance 79,000 SZL
Teller Accounting and Finance 24,820 SZL
Treasury Accountant Accounting and Finance 41,180 SZL
Treasury Analyst Accounting and Finance 66,820 SZL
Underwriter Accounting and Finance 28,180 SZL
Underwriting Assistant Accounting and Finance 27,040 SZL
Vice President of Finance Accounting and Finance 110,500 SZL

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