Home > Salary > South Africa > Finance Analyst
A finance analyst is responsible for analyzing financial data, trends, and market conditions to support decision-making and strategic planning within an organization. They gather and evaluate financial information, create financial models, and generate reports to provide insights into the company's financial performance. Finance analysts also assist in budgeting and forecasting, identifying potential risks and opportunities, and making recommendations for improving financial efficiency.
The occupation requires strong analytical skills, attention to detail, and proficiency in financial analysis tools and techniques. Excellent knowledge of financial principles, accounting practices, and industry regulations is essential. Effective communication skills are also necessary to present findings and recommendations to management and stakeholders.
Estimated Yearly Salary: 174,338 ZAR
Estimated Monthly Salary: 14,528 ZAR
Estimated Weekly Salary: 3,353 ZAR per week
Estimated Hourly Salary: 84 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,042 ZAR
Estimated Weekly Salary: 3,240 ZAR per week
Estimated Hourly Salary: 81 ZAR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 8,729 USD
Estimated Monthly Salary: 727 USD
Estimated Weekly Salary: 168 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 174,338 ZAR
Estimated Monthly Salary: 14,528 ZAR
Estimated Weekly Salary: 3,353 ZAR per week
Estimated Hourly Salary: 84 ZAR per hour
By working as Finance Analyst a person can save up to 456 USD per month or 5,475 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 Finance Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Finance Analyst salary in South Africa
Average Yearly Salary of Finance Analyst in South Africa is approximately 174,338 ZAR (8,729 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 Finance Analyst do?
A finance analyst is responsible for analyzing financial data, trends, and market conditions to support decision-making and strategic planning within an organization. They gather and evaluate financial information, create financial models, and generate reports to provide insights into the company's financial performance. Finance analysts also assist in budgeting and forecasting, identifying potential risks and opportunities, and making recommendations for improving financial efficiency.
The occupation requires strong analytical skills, attention to detail, and proficiency in financial analysis tools and techniques. Excellent knowledge of financial principles, accounting practices, and industry regulations is essential. Effective communication skills are also necessary to present findings and recommendations to management and stakeholders.
Skills: finance analyst, financial analysis, budgeting and forecasting, financial reporting, risk management, financial modeling
Job industry: Finance
Job industry: Finance
How much does Finance Analyst make?
Salary details
How much does Finance Analyst make?Estimated Yearly Salary: 174,338 ZAR
Estimated Monthly Salary: 14,528 ZAR
Estimated Weekly Salary: 3,353 ZAR per week
Estimated Hourly Salary: 84 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 168,500 ZAREstimated Monthly Salary: 14,042 ZAR
Estimated Weekly Salary: 3,240 ZAR per week
Estimated Hourly Salary: 81 ZAR per hour
Last revision of data: 2024-01-02Finance Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,729 USD
Estimated Monthly Salary: 727 USD
Estimated Weekly Salary: 168 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Compare salary to other countries
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Country:
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 Finance Analyst job salary compared to average salary in South Africa.
Comparison shows that a person working as Finance Analyst in South Africa earns on average:
1.37 times the average salary (or 137% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Finance Analyst job salary compared to average salary in South Africa.
Comparison shows that a person working as Finance Analyst in South Africa earns on average:
1.37 times the average salary (or 137% of average salary).
Is Finance Analyst a well paid job?
Yes, our data shows that Finance Analyst 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 Finance Analyst?
High salary for Finance Analyst would be somewhere between 191,772 ZAR and 252,790 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Finance Analyst 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: 174,338 ZAR
Estimated Monthly Salary: 14,528 ZAR
Estimated Weekly Salary: 3,353 ZAR per week
Estimated Hourly Salary: 84 ZAR per hour
By working as Finance Analyst a person can save up to 456 USD per month or 5,475 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 Finance Analyst
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
(1,412,867 ZAR per year, pre-tax.)
2. Cardiologist
(1,176,011 ZAR per year, pre-tax.)
(1,138,908 ZAR per year, pre-tax.)
(1,102,268 ZAR per year, pre-tax.)
5. Neurosurgeon
(1,100,784 ZAR per year, pre-tax.)
(1,077,960 ZAR per year, pre-tax.)
(1,073,792 ZAR per year, pre-tax.)
(1,073,439 ZAR per year, pre-tax.)
9. Oncologist
(1,071,922 ZAR per year, pre-tax.)
10. Urologist
(1,071,632 ZAR per year, pre-tax.)
Data as of 2025Random salary:
Respite supervisor (77,447 ZAR per year, pre-tax.)
Sales consultant new homes (91,415 ZAR per year, pre-tax.)
Paraoptometric assistant (57,214 ZAR per year, pre-tax.)
Technical trainer (159,968 ZAR per year, pre-tax.)
Dormitory supervisor (69,826 ZAR per year, pre-tax.)
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