The average salary for a Financial Administrator in South Africa is R189,180.
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R88k - R308k
R5k - R28k
R0 - R34k
R92k - R324k
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Job Description for Financial Administrator
Financial administrators are in charge of managing financial-related tasks for their company. They perform budget and payroll transactions, maintain separate account such as discretionary and grant funding, and maintain accurate financial records for tax-related purposes. They must follow company policies to process payments, approve money transfers, keep financial statements, review reimbursements, and approve purchase order requisitions. Additionally, they prepare financial reports, and collab…Read more
Financial Administrator Tasks
- Review and verify accuracy of financial and contract paperwork and processes.
- Create budget templates and serve as point of contact for questions and exceptions.
- Maintain accounts and follow up to verify and close invoices and collect fees.
- Document project status, obstacles, reporting and reviews.
The top respondents for the job title Financial Administrator are from the companies FNB, Nedbank and WesBank. Reported salaries are highest at ADvTECH where the average pay is R362,500. Other companies that offer high salaries for this role include WesBank, earning around R255,421. FNB pays the lowest at around R153,671. Nedbank also pays on the lower end of the scale, paying R213,000.
Explore the most common career paths for Financial Administrator. 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%)
Financial Administrator Job Listings
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Popular Skills for Financial Administrator
Skills in Financial Reporting, Accounting and Office Administration are correlated to pay that is above average. Skills that pay less than market rate include Bookkeeping and Administration.
Pay by Experience Level for Financial Administrator
An entry-level Financial Administrator with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of R138,993 based on 14 salaries. An early career Financial Administrator with 1-4 years of experience earns an average total compensation of R156,974 based on 248 salaries. A mid-career Financial Administrator with 5-9 years of experience earns an average total compensation of R199,940 based on 131 salaries. An experienced Financial Administrator with 10-19 years of experience earns an average total compensation of R243,946 based on 72 salaries. In their late career (20 years and higher), employees earn an average total compensation of R249,404.
Years of Experience
This data is based on 500 survey responses.
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