Average Financial Manager with SAP Financial Accounting and Controlling (SAP FICO) Skills Salary in South Africa

R674,760
Avg. Base Salary (ZAR)
10%
ZAR 466k
MEDIAN
ZAR 675k
90%
ZAR 1m

The average salary for a Financial Manager is R674,760 in 2025

Base Salary
R466k - R1m
Bonus
R15k - R153k
Profit Sharing
R0 - R10k
Total Pay
R470k - R1m
Is Average Financial Manager with SAP Financial Accounting and Controlling (SAP FICO) Skills Salary in South Africa your job title? Find out what you should be paid
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What is the Pay by Experience Level for Financial Managers?

What Do Financial Managers Do?

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.
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FAQs About Financial Managers

What is the highest pay for Financial Managers?

Our data indicates that the highest pay for a Financial Manager is ZAR 1m / year

What is the lowest pay for Financial Managers?

Our data indicates that the lowest pay for a Financial Manager is ZAR 466k / year

How can Financial Managers increase their salary?

Increasing your pay as a Financial Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Financial Manager that oversees more junior Financial Managers, this experience can increase the likelihood to earn more.