▼41%
R545,870
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 230k
MEDIAN
ZAR 546k
90%
ZAR 925k
The average salary for a Finance Manager is R545,870 in 2023
Base Salary
R230k - R925k
Bonus
R15k - R122k
Profit Sharing
R7k - R270k
Commission
R81k - R295k
Total Pay
R238k - R988k
Is Average Finance Manager Salary in South Africa your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Why people quit their jobs
Why do people leave their jobs? We take a deep dive into what's impacting employee retention and what employees are looking for in their new role.
How to ask for a raise
New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
What is the Pay by Experience Level for Finance Managers?
What Do Finance Managers Do?
Finance Manager Tasks
- 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.
Find your market worth – how it works:
Common Health Benefits for a Finance Manager
Medical
38%
Dental
5%
Vision
5%
None
62%
Gender Breakdown for Finance Managers
Female
69.7%
Male
30.1%
Prefer to self-define
0.2%
This data is based on 469 survey responses. Learn more about the gender pay gap.
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.