Senior Finance Manager Salary in South Africa

The average salary for a Senior Finance Manager in South Africa is R907,589.

10%

R616k

MEDIAN

R908k

90%

R1m

Salary

R616k - R1m

Bonus

R40k - R295k

Profit Sharing

R3k - R122k

Total Pay

R661k - R1m

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Job Description for Senior Finance Manager

The senior finance manager is responsible for many of the monetary operations and decision for their organization. The senior finance manager controls a large amount of a company's capital, including how that capital is spent. To decide how the company's money is best spend, the senior finance manager must be able to create forecasts that explain and predict the results of particular investments. In addition, the senior finance manager is responsible for compiling information on assets and sales…Read more

Senior Finance Manager Tasks

Produce periodic reports on the performance of business initiatives and adherence to budgets.
Manage organization's investments and cash needs, proposing changes in policies and procedures as new situations arise.
Develop and review organization's budget, using forecasts and models to determine how to allocate funds.
Supervise staff evaluating organization's financial performance, generating reports, analysis, and models.

Popular Employer Salaries for Senior Finance Manager

Nedbank

R882k

Senior Finance Manager Job Listings

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Popular Skills for Senior Finance Manager

Senior Financial Management

R925,490

69 responses

Financial Reporting

R947,769

58 responses

Financial Analysis

R975,434

48 responses

Budgeting

R874,286

25 responses

Forecasting

R823,837

20 responses

Skills in Senior Financial Management, Financial Reporting and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Forecasting and Budgeting.

Pay by Experience Level for Senior Finance Manager

An early career Senior Finance Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of R828,446 based on 16 salaries. A mid-career Senior Finance Manager with 5-9 years of experience earns an average total compensation of R941,210 based on 43 salaries. An experienced Senior Finance Manager with 10-19 years of experience earns an average total compensation of R953,910 based on 46 salaries. In their late career (20 years and higher), employees earn an average total compensation of R992,803.