Knowledge Centre
The Chartered Financial Manager designation proves you’re more than a number-cruncher- you’re a financial leader who drives business decisions, reduces risk, and helps organisations unlock progress
Chartered Financial Manager
1. What It Is
The Chartered Financial Manager (CFM) designation recognises professionals who lead finance functions at a management level.
It proves you can:
Lead finance teams and manage budgets
Influence business strategy with financial insight
Keep organisations compliant while enabling growth
Translate numbers into decisions that matter in the real economy
2. Requirements
To qualify for the Chartered Financial Manager designation, you need:
NQF Level 8 qualification (or equivalent)
4 years relevant management-level experience
Successful completion of an interview assessment with CIBA
3. Why It Matters to You
Career growth: Positions you for senior management and executive roles.
Authority: Recognition that you’re not just technical — you’re a manager and leader.
Sector relevance: You understand context, not just compliance, making your advice practical and valuable.
Market value: Employers are willing to pay more for strategic finance leaders.
4. Key Rules, Standards, or Requirements
Registered on the SAQA database.
Aligned with CIBA standards for education, ethics, and management competence.
Must be maintained through annual CPD and compliance declarations.
5. How to Apply
Check eligibility- NQF 8 qualification + 4 years management-level finance experience.
Apply: submit your application through CIBA’s membership system.
Interview: attend a readiness interview to confirm management competence.
Awarded: once approved, you can use the CFM title.
6. Maintaining Your Designation
To keep your Chartered Financial Manager status active, you must:
Complete your annual CPD in line with CIBA’s CPD policy.
Submit your annual ethics and compliance declaration.
This ensures you remain current, credible, and trusted in your leadership role.