Average Financial Officer Salary in South Africa

R264,170
Avg. Base Salary (ZAR)
10%
ZAR 119k
MEDIAN
ZAR 264k
90%
ZAR 539k

The average salary for a Financial Officer is R264,170 in 2024

Base Salary
R119k - R539k
Bonus
R8k - R61k
Total Pay
R122k - R570k
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What is the Pay by Experience Level for Financial Officers?

What Do Financial Officers Do?

Financial Officer Tasks
  • Coordinate financial record-keeping and oversee the development of yearly budgets.
  • Provide financial guidance and management expertise related to company operations and financial strategy.
  • Supervise investment strategies, direct financial resources, and manage company assets.
  • Ensure that accounting, budget and audit controls and systems are in compliance with State, Federal and local rules and regulations.
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FAQs About Financial Officers

What is the highest pay for Financial Officers?

Our data indicates that the highest pay for a Financial Officer is ZAR 539k / year

What is the lowest pay for Financial Officers?

Our data indicates that the lowest pay for a Financial Officer is ZAR 119k / year

How can Financial Officers increase their salary?

Increasing your pay as a Financial Officer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Financial Officer that oversees more junior Financial Officers, this experience can increase the likelihood to earn more.