Average Finance Manager Salary in South Africa

R545,870
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
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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.
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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.