Avg. Base Salary (ZAR)
The average salary for a Finance Administrator is R135,949 in 2023
What is the Pay by Experience Level for Finance Administrators?
An early career Finance Administrator with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of R133,483 based on 8 salaries. A mid-career Finance Administrator with 5-9 years of experience earns an average total compensation of R154,838 based on 5 salaries.
What Do Finance Administrators Do?
Finance administrators are responsible for all aspects of an organization’s finance and budget concerns. This includes managing accounts receivable and accounts payable, designing and implementing the budget, and handling any investments or capital expenditures in which the organization might engage. Finance administrators ensure that all payments the company owes have been made and monitor incoming payments and revenue to maintain a proper cash flow. Additionally, they produce a budget, …Read more
- Review and verify accuracy of financial and contract paperwork and processes.
- Create budget templates and serve as point of contact for questions and exceptions.
- Maintain accounts and follow up to verify and close invoices and collect fees.
- Document project status, obstacles, reporting and reviews.
FAQs About Finance Administrators
What is the highest pay for Finance Administrators?
Our data indicates that the highest pay for a Finance Administrator is ZAR 229k / year
What is the lowest pay for Finance Administrators?
Our data indicates that the lowest pay for a Finance Administrator is ZAR 56k / year
How can Finance Administrators increase their salary?
Increasing your pay as a Finance Administrator 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 Finance Administrator that oversees more junior Finance Administrators, this experience can increase the likelihood to earn more.