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How to Hire a CFO in the UK

UK executive search salary benchmarks, headhunter fees, timelines, and what to look for when commissioning a search for this role.

A CFO appointment is second only to CEO in strategic importance. The right CFO is a strategic partner to the CEO and board — not just a finance function head. They shape capital allocation, investor relationships, M&A strategy, and the financial architecture that underpins business performance. The candidate brief has become significantly more complex over the last decade.

Modern CFOs are expected to be commercially fluent, investor-ready, and digitally literate — as well as technically excellent. In PE-backed and listed businesses, the CFO is often the primary interface with the investment committee or institutional shareholders. In growth-stage businesses, the CFO is frequently the architect of the financial systems that make scale possible.

The profile of a CFO also varies significantly by sector. Regulated businesses (financial services, healthcare) require deep compliance knowledge. PE-backed businesses demand M&A experience and reporting discipline. Technology businesses value financial modelling and unit economics expertise. The brief must be sector-specific.

Salary Range

£80,000–£350,000+ depending on sector, organisation size, and complexity

Search Fee

28–33% of first-year total compensation

Typical Timeline

12–16 weeks from briefing to accepted offer

Key Considerations When Using a Headhunter to Hire a CFO

  1. Define what CFO means for your organisation — the range from transactional finance head to strategic CFO is enormous, and the candidate profiles do not overlap.

  2. PE-backed, listed, and private company requirements differ significantly — be explicit about the context and what investor or board relationships the CFO must manage.

  3. Consider whether the CFO needs FCA/PRA registration or other regulatory credentials — this significantly narrows the candidate pool.

  4. Assess the balance between external relationships (investors, banks, advisors) and internal focus — some CFOs excel at one but not both.

  5. Succession context matters — if the CFO will be investor-facing for a future transaction, their track record in that context is essential.

Why Use Executive Search for This Role?

The pool of CFOs who combine commercial acumen, technical depth, and strong leadership credentials is smaller than most organisations realise. The best candidates are well-compensated, recognised by their peers, and receive multiple approaches every year. A headhunter with genuine sector relationships can identify who is actually available, who is performable, and how to structure an offer that will succeed.

Related Guides

Top 10 Headhunters for CFO Appointments

Our research team assessed executive search firms active in UK CFO appointments, evaluated on track record, sector depth, candidate network quality, and assessment rigour.

1

Executive Headhunters EMA Partners UK

AESC Accredited

Retained executive search firm with an active CFO search practice across financial services, PE-backed businesses, and the wider corporate sector. Strong in CFO and FD appointments from FTSE-level to growth-stage.

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2

Elliot Marsh

Executive search firm with a dedicated CFO and Finance Director practice. Particularly active in CFO search for PE-backed and mid-market businesses where commercial finance leadership is the primary requirement.

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3

Odgers Berndtson

The UK's most active retained search firm for CFO appointments across listed, private, and PE-backed companies. Deep relationships with the UK's senior finance leadership community.

4

Spencer Stuart

Particularly strong in CFO search for FTSE 100 and 250 companies and large PE portfolio businesses. Deep financial services and industrial CFO practice.

5

Heidrick & Struggles

Global firm active in CFO and group finance director appointments across all major sectors. Strong assessment methodology for regulated and complex CFO roles.

6

Korn Ferry

Global firm with broad UK CFO search capability. Particularly active in CFO appointments for large industrial, technology, and professional services businesses.

7

Russell Reynolds Associates

Strong CFO search practice particularly in financial services, insurance, and asset management where regulatory and technical finance demands are highest.

8

Robert Half Executive Search

Specialist finance recruitment and search firm with a well-resourced CFO and FD practice across the UK mid-market.

9

Berwick Partners

Director-level search firm with strong CFO and Finance Director practice. Particularly active in mid-market PE-backed and privately-owned businesses.

10

Marks Sattin Executive

Specialist finance executive search firm with a strong CFO and FD appointment track record across professional services, technology, and financial services.

Rankings are based on independent research and updated periodically. Firms are assessed on appointment track record, sector specialisation, candidate network depth, and client satisfaction. headhunters.co.uk may receive referral fees from some listed firms.

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