Home > Salary > South Africa > Cash Management Officer
A cash management officer is responsible for overseeing and managing the daily cash flow operations of a company. They ensure that there is enough liquidity to meet financial obligations, while also maximizing returns on excess funds. Their main duties include monitoring cash balances, forecasting cash needs, managing bank accounts, initiating and approving payments, and reconciling cash transactions.
The cash management officer works closely with the finance team to develop cash management strategies, optimize cash flows, and mitigate risks. They are also responsible for maintaining relationships with banks and other financial institutions, negotiating terms and conditions, and staying updated on industry trends and best practices.
Estimated Yearly Salary: 173,246 ZAR
Estimated Monthly Salary: 14,437 ZAR
Estimated Weekly Salary: 3,332 ZAR per week
Estimated Hourly Salary: 83 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,918 ZAR
Estimated Weekly Salary: 3,212 ZAR per week
Estimated Hourly Salary: 80 ZAR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 8,673 USD
Estimated Monthly Salary: 723 USD
Estimated Weekly Salary: 167 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 173,246 ZAR
Estimated Monthly Salary: 14,437 ZAR
Estimated Weekly Salary: 3,332 ZAR per week
Estimated Hourly Salary: 83 ZAR per hour
By working as Cash Management Officer a person can save up to 452 USD per month or 5,419 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Cash Management Officer
Last revision of data: 2025-01-04
Data as of 2025
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Cash Management Officer salary in South Africa
Average Yearly Salary of Cash Management Officer in South Africa is approximately 173,246 ZAR (8,673 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Cash Management Officer do?
A cash management officer is responsible for overseeing and managing the daily cash flow operations of a company. They ensure that there is enough liquidity to meet financial obligations, while also maximizing returns on excess funds. Their main duties include monitoring cash balances, forecasting cash needs, managing bank accounts, initiating and approving payments, and reconciling cash transactions.
The cash management officer works closely with the finance team to develop cash management strategies, optimize cash flows, and mitigate risks. They are also responsible for maintaining relationships with banks and other financial institutions, negotiating terms and conditions, and staying updated on industry trends and best practices.
Skills: cash management, liquidity management, cash flow forecasting, payment processing, financial operations, risk mitigation
Job industry: Banking
Job industry: Banking
How much does Cash Management Officer make?
Salary details
How much does Cash Management Officer make?Estimated Yearly Salary: 173,246 ZAR
Estimated Monthly Salary: 14,437 ZAR
Estimated Weekly Salary: 3,332 ZAR per week
Estimated Hourly Salary: 83 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 167,020 ZAREstimated Monthly Salary: 13,918 ZAR
Estimated Weekly Salary: 3,212 ZAR per week
Estimated Hourly Salary: 80 ZAR per hour
Last revision of data: 2024-01-05Cash Management Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,673 USD
Estimated Monthly Salary: 723 USD
Estimated Weekly Salary: 167 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Cash Management Officer job salary compared to average salary in South Africa.
Comparison shows that a person working as Cash Management Officer in South Africa earns on average:
1.36 times the average salary (or 136% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Cash Management Officer job salary compared to average salary in South Africa.
Comparison shows that a person working as Cash Management Officer in South Africa earns on average:
1.36 times the average salary (or 136% of average salary).
Is Cash Management Officer a well paid job?
Yes, our data shows that Cash Management Officer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Cash Management Officer?
High salary for Cash Management Officer would be somewhere between 190,571 ZAR and 251,207 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Cash Management Officer in South Africa?
Living in South Africa the approximate monthly expenses are: 271 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 173,246 ZAR
Estimated Monthly Salary: 14,437 ZAR
Estimated Weekly Salary: 3,332 ZAR per week
Estimated Hourly Salary: 83 ZAR per hour
By working as Cash Management Officer a person can save up to 452 USD per month or 5,419 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Cash Management Officer
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in South Africa
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(1,077,960 ZAR per year, pre-tax.)
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9. Oncologist
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Data as of 2025Random salary:
Extractor (73,627 ZAR per year, pre-tax.)
Utilization management (um), case manager (141,347 ZAR per year, pre-tax.)
Senior market research analyst (192,140 ZAR per year, pre-tax.)
Biomass plant technician (108,819 ZAR per year, pre-tax.)
Director of sales engineering (290,537 ZAR per year, pre-tax.)
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