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FINANCIAL ANALYST / SALARY
Average Salary - Financial Analyst / South Africa SOUTH AFRICA

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SALARY SURVEYS

31

 UPDATED
April 2024
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(based on your career and experience)
AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
18.3 ZAR = 1 USD

845,402 ZAR

$46,209 USD
Johannesburg

878,956 ZAR

402,494 ZAR

$22,000 USD
Including "Johannesburg"
Excluding "Johannesburg"
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Average Salary / Financial Analyst / South Africa

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Average salary for Financial Analyst / South Africa is 845,402 ZAR per year. The most typical earning is 402,494 ZAR. All data are based on 31 salary surveys. Salaries are different between men and women. Men receive an average salary of 867,192 ZAR. Women receive a salary of 841,579 ZAR.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 887,317 ZAR. The second most paid education level is Masters Degree with salary of 815,965 ZAR.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 1,622,784 ZAR. Employees with 12-16 Years of experience receive 1,176,381 ZAR.

Levels / Financial Analyst / South Africa (Gross ZAR)

Salary Levels (ZAR) per Year Surveys [%]
54,900 ZAR - 91,499 ZAR
0 n/a
91,500 ZAR - 182,899 ZAR
0 n/a
183,000 ZAR - 274,399 ZAR
2 100%
6.45%
274,400 ZAR - 365,899 ZAR
1 93.55%
3.23%
THE MOST TYPICAL SALARY
365,900 ZAR - 457,399 ZAR
4 90.32%
12.9%
457,400 ZAR - 548,799 ZAR
2 77.42%
6.45%
548,900 ZAR - 640,299 ZAR
2 70.97%
6.45%
640,300 ZAR - 731,799 ZAR
1 64.52%
3.23%
731,800 ZAR - 823,299 ZAR
3 61.29%
9.68%
823,300 ZAR - 914,699 ZAR
4 51.61%
12.9%
914,800 ZAR - 1,006,199 ZAR
1 38.71%
3.23%
1,006,200 ZAR - 1,097,699 ZAR
2 35.48%
6.45%
1,097,700 ZAR - 1,189,199 ZAR
1 29.03%
3.23%
1,189,200 ZAR - 1,280,599 ZAR
4 25.81%
12.9%
1,280,700 ZAR - 1,372,099 ZAR
2 12.9%
6.45%
1,372,100 ZAR - 1,463,599 ZAR
0 n/a
1,463,600 ZAR - 1,555,099 ZAR
1 6.45%
3.23%
1,555,100 ZAR - 1,646,499 ZAR
1 3.23%
3.23%
1,646,600 ZAR - 1,737,999 ZAR
0 n/a
1,738,000 ZAR - 1,829,499 ZAR
0 n/a
1,829,500 ZAR - 1,920,999 ZAR
0 n/a
1,921,000 ZAR - 2,012,499 ZAR
0 n/a
2,012,500 ZAR - 2,103,899 ZAR
0 n/a
2,103,900 ZAR - 2,195,399 ZAR
0 n/a
2,195,400 ZAR - 2,286,899 ZAR
0 n/a
2,286,900 ZAR - 2,378,399 ZAR
0 n/a
2,378,400 ZAR - 2,469,799 ZAR
0 n/a
2,469,900 ZAR - 2,561,299 ZAR
0 n/a
2,561,300 ZAR - 2,652,799 ZAR
0 n/a
2,652,800 ZAR - 2,744,299 ZAR
0 n/a
HIGH SALARIES
2,744,300 ZAR - 2,927,199 ZAR
0 n/a
2,927,200 ZAR - 3,110,199 ZAR
0 n/a
3,110,200 ZAR - 3,293,099 ZAR
0 n/a
3,293,100 ZAR - 3,476,099 ZAR
0 n/a
3,476,100 ZAR - 3,658,999 ZAR
0 n/a
3,659,000 ZAR - 3,841,999 ZAR
0 n/a
3,842,000 ZAR - 4,024,899 ZAR
0 n/a
4,024,900 ZAR - 4,207,899 ZAR
0 n/a
4,207,900 ZAR - 4,390,799 ZAR
0 n/a
4,390,800 ZAR - 4,573,799 ZAR
0 n/a
4,573,800 ZAR - 6,403,299 ZAR
0 n/a
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Gender / Financial Analyst / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Men 14 867,192 ZAR
2 Women 12 841,579 ZAR

Education / Financial Analyst / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Bachelors Degree 26 887,317 ZAR
2 Masters Degree 2 815,965 ZAR
3 Some College 3 503,118 ZAR

Experience / Financial Analyst / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 16-20 Years 1 1,622,784 ZAR
2 12-16 Years 2 1,176,381 ZAR
3 8-12 Years 1 1,108,689 ZAR
4 4-8 Years 5 955,009 ZAR
5 2-4 Years 9 903,782 ZAR
6 20+ Years 2 693,388 ZAR
7 0-1 Year 7 627,525 ZAR
8 1-2 Years 4 607,400 ZAR

Age / Financial Analyst / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 36-40 3 1,040,996 ZAR
2 31-35 5 955,009 ZAR
3 41-45 2 929,396 ZAR
4 26-30 13 810,477 ZAR
5 n/a 5 795,841 ZAR
6 21-25 3 643,991 ZAR

Work Type / Financial Analyst / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 2 936,714 ZAR
2 Permanent 29 839,749 ZAR

Cities / Financial Analyst / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Johannesburg 21 878,169 ZAR
2 Cape Town 9 836,090 ZAR
3 Ekurhuleni 1 228,690 ZAR

People's individual salary examples (surveys)

Analyst
Posted 17 November 2023
City Education Experience Knowledge Gross salary / year
Johannesburg Bachelors Degree 2-4 Years Intermediate 815,200 ZAR

Investment Analyst
Posted 13 June 2022
City Education Experience Knowledge Gross salary / year
Cape Town Bachelors Degree 0-1 Year Intermediate 294,500 ZAR

Consultant
Posted 07 November 2021
City Education Experience Knowledge Gross salary / year
Johannesburg Bachelors Degree 1-2 Years Advanced 410,600 ZAR

Banking Analyst
Posted 17 August 2021
City Education Experience Knowledge Gross salary / year
Johannesburg Some College 1-2 Years Advanced 509,000 ZAR

Commercial Manager
Posted 26 January 2021
City Education Experience Knowledge Gross salary / year
Johannesburg Bachelors Degree 12-16 Years n/a 1,047,800 ZAR

Finance Business Partner
Posted 20 July 2020
City Education Experience Knowledge Gross salary / year
Johannesburg Bachelors Degree 4-8 Years n/a 809,400 ZAR

Esg Investment Analyst
Posted 20 August 2019
City Education Experience Knowledge Gross salary / year
Cape Town Bachelors Degree 8-12 Years n/a 1,108,500 ZAR

Senior Consultant Fp&a
Posted 03 July 2019
City Education Experience Knowledge Gross salary / year
Johannesburg Bachelors Degree 20+ Years n/a 838,100 ZAR

Manager
Posted 13 June 2019
City Education Experience Knowledge Gross salary / year
Johannesburg Bachelors Degree 4-8 Years n/a 946,200 ZAR

Analyst
Posted 23 January 2019
City Education Experience Knowledge Gross salary / year
Johannesburg Bachelors Degree 4-8 Years n/a 1,081,400 ZAR

Credit Risk Analyst
Posted 07 September 2018
City Education Experience Knowledge Gross salary / year
Johannesburg Bachelors Degree 4-8 Years n/a 1,502,700 ZAR

Investment Analyst
Posted 08 June 2018
City Education Experience Knowledge Gross salary / year
Johannesburg Masters Degree 2-4 Years n/a 719,400 ZAR

Manager - Business Planning
Posted 29 November 2017
City Education Experience Knowledge Gross salary / year
Cape Town Bachelors Degree 12-16 Years n/a 1,306,800 ZAR

Equity Analyst
Posted 27 October 2017
City Education Experience Knowledge Gross salary / year
Johannesburg Bachelors Degree 2-4 Years n/a 1,265,500 ZAR

Business Intelligence
Posted 04 October 2017
City Education Experience Knowledge Gross salary / year
Johannesburg Some College 20+ Years n/a 550,200 ZAR

Fund Accounting
Posted 21 July 2017
City Education Experience Knowledge Gross salary / year
Cape Town Bachelors Degree 16-20 Years n/a 1,623,200 ZAR


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