How Much Does a Chief Finance Officer Earn in Turkey?
According to ElemanBuldum.com data, the average monthly salary for a Chief Finance Officer in Turkey is approximately 98,805 TRY as of October 2025. Salaries for this position typically range from a low of 78,125 TRY to a high of 135,995 TRY. The final salary can vary depending on the employees years of experience, the company, and the city of employment.
The Chief Finance Officer salary is calculated and published based on salary information shared by job seekers in their resumes and salary figures specified by employers in job postings.
According to October 2025 data, a Chief Finance Officer earns an average monthly salary of 98,805 TRY (approximately $2,361 / €2,035).
0-2 Years Experience
61,259 TRY
2-5 Years Experience
98,805 TRY
5+ Years Experience
149,196 TRY
Chief Finance Officer Salary Distribution by Year
| Year | Lowest Salary | Average Salary | Highest Salary |
|---|---|---|---|
| 2025 | 78,125.00 TRY | 98,805.00 TRY | 135,995.00 TRY |
| 2024 | 43,750.00 TRY | 55,330.80 TRY | 76,157.20 TRY |
| 2023 | 17,968.75 TRY | 22,725.15 TRY | 31,278.85 TRY |
| 2022 | 10,156.25 TRY | 12,844.65 TRY | 17,679.35 TRY |
| 2021 | 7,031.25 TRY | 8,892.45 TRY | 12,239.55 TRY |
Average Chief Finance Officer Salary Differences by City
Salaries for those working as a Chief Finance Officer can vary significantly in a large and diverse country like Turkey due to different living conditions and economic factors in each city. While salaries are expected to be higher in major metropolitan areas due to the high cost of living, there may be additional payments or incentives in regions experiencing a shortage of personnel.
| City / Region | Average Salary |
|---|---|
| İstanbul | 115,601.85 TRY |
| Ankara | 110,661.60 TRY |
| İzmir | 104,733.30 TRY |
| Kocaeli, Sakarya, Düzce, Bolu, Yalova | 100,781.10 TRY |
| Edirne, Kırklareli, Tekirdağ | 97,816.95 TRY |
| Trabzon, Ordu, Giresun, Rize, Artvin | 86,948.40 TRY |
| Bursa, Eskişehir, Bilecik | 80,032.05 TRY |
| Aydın, Denizli, Muğla | 85,960.35 TRY |
| Adana, Mersin | 91,888.65 TRY |
| Balıkesir, Çanakkale | 82,996.20 TRY |
| Antalya, Isparta, Burdur | 81,020.10 TRY |
Chief Finance Officer Salaries by Sector
This table shows the salary levels for those working as a Chief Finance Officer by sector. The salary level varies depending on factors such as the size of the sector, its emphasis on technological advancements, and the company's revenue, sales, export figures, and number of employees. Analyses from the last 3 months show that salaries increase in direct proportion to the company's size and revenue.
| Sector Name | Average Salary |
|---|---|
| Banking and Finance: Commercial Banking, Investment Banking | 109,673.55 TRY |
| Technology: Electronics, Software, Hardware, Communication, Fintech | 119,554.05 TRY |
| Energy: Oil, Gas, Renewable Energy | 102,757.20 TRY |
| Automotive: Vehicle Manufacturing, Automotive Parts | 95,840.85 TRY |
| Pharmaceuticals: Drug Manufacturing, Biotechnology | 82,996.20 TRY |
| Chemicals: Industrial Chemicals, Plastics, Rubber | 81,020.10 TRY |
| Defense and Aerospace: Military Equipment, Aircraft Manufacturing | 124,494.30 TRY |
| Machinery and Equipment Manufacturing: Industrial Machines, Automation | 94,852.80 TRY |
| Construction and Real Estate: Infrastructure, Housing | 86,948.40 TRY |
| Food and Beverage: Packaged Food, Drinks, Meat and Dairy | 80,032.05 TRY |
| Textile and Apparel: Ready-to-wear, Fabric Production | 81,020.10 TRY |
| Retail: Food Retail, Electronics, Clothing Stores | 83,984.25 TRY |
| Logistics and Transportation: Shipping Services, Warehousing | 83,984.25 TRY |
| Agriculture: Crop Production, Livestock | 87,936.45 TRY |
| Restaurant and Food Services: Catering, Fast Food Chains | 82,996.20 TRY |
Frequently Asked Questions about Chief Finance Officer Salaries
What is the average salary for a Chief Finance Officer in Turkey?
As of October 2025, the average salary for a Chief Finance Officer is 98,805 TRY (approximately $2,361 / €2,035).
The salary ranges from a low of 78,125 TRY to a high of 135,995 TRY.
What factors affect a Chief Finance Officer's salary?
The main factors affecting the salary of a Chief Finance Officer are:
- Years of experience (0-2 years: 61,259 TRY, 5+ years: 149,196 TRY)
- The sector they work in (Technology sector: +21%, Agriculture sector: -19%)
- Company size
- Geographic location (Istanbul: +17%, Other Anatolian cities: -12%)
- Specific skills and certifications
How often are Chief Finance Officer salaries updated?
Our salary data is updated on a weekly basis. The last update was on: October 5, 2025
In the last month, 366 people have contributed to our database by sharing their salary information.
Which sectors pay the highest salaries for a Chief Finance Officer?
The top 3 highest-paying sectors for a Chief Finance Officer are:
- Defense and Aerospace: 124,494 TRY (+26%)
- Technology Sector: 119,554 TRY (+21%)
- Banking and Finance: 109,674 TRY (+11%)
How do Chief Finance Officer salaries change by city?
Average salary differences by city are:
- Istanbul: 115,602 TRY (+17%)
- Ankara: 110,662 TRY (+12%)
- Izmir: 104,733 TRY (+6%)
- Other cities: 83,984 TRY (-15%)