Financial Manager Salary in South Africa
R 652,000
per year
per month
R 54,330
per month
per year
Bonus
R 47,430/year
Bonus
R 3,950/month
Financial Manager Average Salary
The average salary for a Financial Manager in SA is R 652 000 gross per year (R 54 330 gross per month), which is 131% higher than the South Africa's national average salary.
Salary Range: a Financial Manager can expect an average starting salary of R 368 000. The highest salaries can exceed R 1 000 000.
Salary Range: a Financial Manager can expect an average starting salary of R 368 000. The highest salaries can exceed R 1 000 000.
R 368,000
Low
R 652,000
Average salary
R 1,000,000
High
R 30,670
Low
R 54,330
Average salary
R 83,330
High
Total compensation includes salary and bonus.
R 25,000 R 573,500 R 1,172,000 | ||
| Basic Salary | R 368,000 - 1,000,000 | |
| Bonus | R 25,000 - 172,000 | |
| Total Compensation | R 393,000 - 1,172,000 |
R 2,080 R 47,790 R 97,660 | ||
| Basic Salary | R 30,670 - 83,330 | |
| Bonus | R 2,080 - 14,330 | |
| Total Compensation | R 32,750 - 97,660 |
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Financial Manager Salary Range - South Africa
Among Financial Managers in South Africa, Assistant Financial Managers or Junior Financial Managers tend to have the lowest salaries, while more experienced Senior Financial Management roles or Group Financial Managers enjoy the highest salaries.
Financial Manager - Salary Differences
| Job | Salary | Difference |
|---|---|---|
| Group Financial Manager | R 730K/year | +12% |
| Assistant Financial Manager | R 411K/year | -37% |
Financial Manager - Pay by Experience Level
In South Africa, a Junior Financial Manager with less than three years of experience can expect to earn an average compensation of R 400 000 gross per year. An intermediate level Financial Manager with 4-9 years of experience earns an average salary of R 550 000, while a Senior Financial Manager with 10-20 years of experience makes on average R 800 000. Financial Managers with more than 20 years of experience may earn more than R 900 000 yearly.
How Work Experience Affects the Salary of a Financial Manager in SA
| Late Career | ▲ +38% |
| Senior | ▲ +23% |
| Average Salary | R 652,000/year |
| Intermediate Level | ▼ -16% |
| Junior | ▼ -39% |
Gender Breakdown
Female
13%
13%
Male
87%
87%
Financial Manager Jobs in South Africa by Location
Financial Manager - Related Salaries
The salary and wage information presented on this page is based on the actual salaries offered to candidates in Financial Manager job vacancies published on Jobted South Africa in the last 12 months.
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Frequently asked questions about the salary of the Financial Manager
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