The average salary for a Finance Manager in South Africa is R567,036.
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R263k - R887k
R15k - R138k
R7k - R198k
R0 - R73k
R277k - R977k
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Job Description for Finance Manager
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 m…Read more
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.
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.
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.
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.
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