Average Finance Manager Salary in South Africa

R567,036
Avg. SalaryShow Hourly Rate
R50,072
Bonus
R72,500
Commission
R55,000
Profit Sharing
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The average salary for a Finance Manager in South Africa is R567,036.
10%
R263k
10%
R567k
50%
R887k
90%
90%
MEDIAN R567,036
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United States (change)
Salary
R263k - R887k
Bonus
R15k - R138k
Profit Sharing
R7k - R198k
Commission
R0 - R73k
Total Pay
R277k - R977k

Your Market Worth Over Time

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Job Description for Finance Manager

Finance Manager Tasks
  • Prepare informational analyses on current processes, actual performance versus budget and prior year data.
  • Assist Operations team in Monthly Operations Review.
  • Identify areas for cost reductions and operational improvements.
  • Provide analyses to Operations team.

Popular Employer Salaries for Finance Manager

The top respondents for the job title Finance Manager are from the companies Standard Bank, Discovery Holdings and FNB. Reported salaries are highest at Discovery Holdings where the average pay is R688,662. Standard Bank pays the lowest at around R571,552.

Career Paths

Explore the most common career paths for Finance Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Finance Manager
Financial Manager
Chief Financial Officer (CFO)
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Finance Manager Job Listings

Popular Skills for Finance Manager

Skills in Financial Reporting, Financial Analysis, Microsoft Excel and Budgeting are correlated to pay that is above average. Skills that pay less than market rate include Accounting.

Pay by Experience Level for Finance Manager

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 R372,806 based on 17 salaries. An early career Finance Manager with 1-4 years of experience earns an average total compensation of R522,654 based on 232 salaries. A mid-career Finance Manager with 5-9 years of experience earns an average total compensation of R561,389 based on 265 salaries. An experienced Finance Manager with 10-19 years of experience earns an average total compensation of R651,664 based on 264 salaries. In their late career (20 years and higher), employees earn an average total compensation of R572,296.

Years of Experience

This data is based on 862 survey responses.
Entry Level
2.0%
Early Career
26.9%
Mid Career
30.7%
Experienced
30.6%
Late Career
9.7%

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