The average salary for a Financial Manager in South Africa is R542,713.
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R292k - R884k
R10k - R137k
R10k - R146k
R31k - R121k
R298k - R968k
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Job Description for Financial Manager
A financial manager usually works directly for a company or a consulting firm, although a financial manager can work in all sorts of fields. The financial manager helps the organization become aware of weaknesses and risks regarding its financial situation. The manager then offers suggestions as to how financial goals can be achieved. The financial manager may also be in charge of coming up with realistic financial goals that the company or client should aim for. Even companies that are making…Read more
Financial Manager Tasks
- Prepare and submit budget and resource reports and statements, with an eye towards compliance.
- Perform ad hoc, non-routine financial analysis as needed.
- Manage client accounts and act as the subject matter expert for budgetary decisions.
- Refine and implement monthly, quarterly, and annual reports for designated groups.
Popular Employer Salaries for Financial Manager
The top respondents for the job title Financial Manager are from the companies FNB, Broll Property Group and Standard Bank. Reported salaries are highest at Medscheme where the average pay is R852,738. Other companies that offer high salaries for this role include FNB, earning around R631,913. Broll Property Group pays the lowest at around R600,000. Standard Bank also pays on the lower end of the scale, paying R607,500.
Explore the most common career paths for Financial Manager. Thickness and color of lines indicates how common a path is.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Financial Manager Job Listings
Popular Skills for Financial Manager
Senior Financial Management
Skills in Financial Reporting, Financial Analysis, Senior Financial Management and Budget Management are correlated to pay that is above average. Skills that pay less than market rate include Accounting.
Pay by Experience Level for Financial Manager
An entry-level Financial Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of R385,719 based on 147 salaries. An early career Financial Manager with 1-4 years of experience earns an average total compensation of R490,353 based on 562 salaries. A mid-career Financial Manager with 5-9 years of experience earns an average total compensation of R583,041 based on 542 salaries. An experienced Financial Manager with 10-19 years of experience earns an average total compensation of R609,542 based on 424 salaries. In their late career (20 years and higher), employees earn an average total compensation of R623,113.
Years of Experience
This data is based on 1,814 survey responses.
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