Avg. Base Salary (ZAR)
The average salary for a Finance Manager is R545,870 in 2023
What is the Pay by Experience Level for Finance Managers?
An entry-level Finance Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of R324,302 based on 22 salaries. An early career Finance Manager with 1-4 years of experience earns an average total compensation of R472,084 based on 262 salaries. A …Read more
What Do Finance Managers Do?
Finance managers develop and monitor departmental budgets. They make relevant financial forecasts for their company. They work with other managers and their staff to establish their company’s future budgets. Their department keeps track of ongoing expenses to make sure that they are not over the budget. They ask relevant managers for clarification when their departmental expenses have surpassed the established budget. They are responsible for accurate and timely reporting of various. They …Read more
- Identify areas for cost reductions and operational improvements.
- Provide analyses to Operations team.
- Prepare informational analyses on current processes, actual performance versus budget and prior year data.
- Assist Operations team in Monthly Operations Review.
FAQs About Finance Managers
What is the highest pay for Finance Managers?
Our data indicates that the highest pay for a Finance Manager is ZAR 925k / year
What is the lowest pay for Finance Managers?
Our data indicates that the lowest pay for a Finance Manager is ZAR 230k / year
How can Finance Managers increase their salary?
Increasing your pay as a Finance Manager 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 Manager that oversees more junior Finance Managers, this experience can increase the likelihood to earn more.