Average Financial Analyst Salary in South Africa

R384,434
Avg. SalaryShow Hourly Rate
R31,085
Bonus
R10,000
Profit Sharing
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The average salary for a Financial Analyst in South Africa is R384,434.
10%
R192k
MEDIAN
R384k
90%
R700k
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United States (change)
Salary
R192k - R700k
Bonus
R7k - R100k
Profit Sharing
R0 - R50k
Total Pay
R197k - R732k

Your Market Worth Over Time

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Job Description for Financial Analyst

Financial Analyst Tasks
  • Provide financial analysis support to various areas of the company.
  • Prepare detailed annual financial budget and monthly financial forecasts.
  • Assist with preparation of weekly, monthly and quarterly financial analysis schedules of actual vs. budget variances.

Popular Employer Salaries for Financial Analyst

The top respondents for the job title Financial Analyst are from the companies Financial Services Board, Webhelp and Ford Motor Company. Reported salaries are highest at Ford Motor Company where the average pay is R569,750. Other companies that offer high salaries for this role include Standard Bank, earning around R554,955. Financial Services Board pays the lowest at around R402,906. Webhelp also pays on the lower end of the scale, paying R494,348.

Financial Analyst Job Listings

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Popular Skills for Financial Analyst

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

Pay by Experience Level for Financial Analyst

An entry-level Financial Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of R247,231 based on 33 salaries. An early career Financial Analyst with 1-4 years of experience earns an average total compensation of R353,771 based on 236 salaries. A mid-career Financial Analyst with 5-9 years of experience earns an average total compensation of R466,640 based on 110 salaries. An experienced Financial Analyst with 10-19 years of experience earns an average total compensation of R707,797 based on 36 salaries. In their late career (20 years and higher), employees earn an average total compensation of R495,000.

Years of Experience

This data is based on 417 survey responses.
Entry Level
7.9%
Early Career
56.6%
Mid Career
26.4%
Experienced
8.6%
Late Career
0.5%

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