The average pay for a Financial Manager is R480,625 per year. Most people with this job move on to other positions after 20 years in this field. Skills that are associated with high pay for this job are SAP SAP Financial Accounting and Controlling (SAP FICO), Senior Financial Management, and Financial Analysis.

R230,903 - R821,257
R230K
R480K
R820K
MEDIAN: R484,006
10%
50%
90%
R25.76 - R558
R26
R170
R560
MEDIAN: R167.42
10%
50%
90%
R0R874K
Salary R230,903 - R821,257
Bonus R3,980 - R114,502
Profit Sharing R0.00 - R98,633
Commission R114,000
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
R235,695 - R874,074
  • Country: South Africa
  • Currency: ZAR
  • Updated: 14 Oct 2017
  • Individuals Reporting: 1,076
Hourly Data R0R557
Hourly Rate R25.76 - R558
Overtime R122.45
Annual Data R0R874K
Bonus R3,980 - R114,502
Commission R114,000
Profit Sharing R0.00 - R98,633
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
R235,695 - R874,074
  • Country: United States
  • Currency: ZAR
  • Updated: 14 Oct 2017
  • Individuals Reporting: 13

Common Career Paths for Financial Manager


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Financial Manager Job Listings

Popular Employer Salaries for Financial Manager

Popular Skills for Financial Manager

Pay by Experience Level for Financial Manager

Pay by Experience for a Financial Manager has a positive trend. An entry-level Financial Manager with less than 5 years of experience can expect to earn an average total compensation of R418,000 based on 414 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of R516,000 based on 382 salaries. An experienced Financial Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of R568,000 based on 280 salaries. A Financial Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of R600,000 based on 105 salaries.

Pay Difference by Location

National Average: R507,592

Larger city markers indicate a job is popular in that location.

Financial Manager Reviews

Q: What is it like working as a Financial Manager?

Financial Manager in Johannesburg:
"Exciting."
Pros: Interaction on top level management, and the responibility.
Cons: Stress, and timelines.

Financial Manager in stellenbosch:
"Financial manager at a FMCG supermarket."
Pros: The challenging accounting work, the forecasting and cash flow management, the cost management and potential of cost savings. The accounting system we use is awesome, user-friendly and effective.
Cons: The people management. Having to check that everybody actually does their work and giving warnings when work is not done.

Financial Manager in Cape Town:
"Financial Management."
Pros: Freedom to work on my own, sense of authority. Ensuring that all operations are performed according to company policy.
Cons: Depending on other people to complete certain tasks.

Financial Manager in Johannesburg:
"Financial Manager Survey."
Pros: Staff competence. Supportive Manage, ent.
Cons: Heavy Workload.

Financial Manager in Johannesburg:
"Hard Work."
Pros: To be part of a company, and actually see the fruits of your labours.
Cons: Hours are a bit hectic, and can be very stressful.

Financial Manager in Cape Town:
"Exciting."
Pros: Fast paced. Constant learning. Working with board.
Cons: Long hours. Some administrative tasks.

Related Job Salaries

Key Stats for Financial Manager

Gender

Female
56 %
Male
44 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.
Less than 1 year
2%
1-4 years
33%
5-9 years
31%
10-19 years
23%
20 years or more
11%

Experience Affects Financial Manager Salaries

▲18%

▲12%

▲2%

National Average
R508,000

▼18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
2%
1-4 years
33%
5-9 years
31%
10-19 years
23%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 38%
dental benefits
Dental: 3%
vision benefits
Vision: 3%
no benefits
None: 61%