We've rounded up some of the highest paying jobs in the South African finance sector.
The financial sector offers some challenging but equally lucrative career prospects for finance professionals. Whether you’re thinking of joining the finance department of a multi-corporation, you want to go back and work in the banking sector or enter the world of investment banking, each of these sectors offer financial professionals like yourself a chance to earn more money.
But remember that high paying jobs often come with two challenging characteristics: greater responsibility and the consequences that come with the mistakes. For instance, consider the best paying jobs within the finance and insurance sectors - chief financial officers and financial managers both earn close to a million per year, but these positions call for greater people management, making decisions and project management skills.
We’ve rounded up the best paying jobs in the finance sector and the annual earnings of each of these jobs.
Highest earning potential: R1 549 470
Bonus: R486 916
Total earnings per year: R1 830 754
2. Actuaries
Salary: R1 065 958
Bonus: R288 474
Total earnings per year: R1 354 432
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3. Fund Accounting Manager
Highest earning potential: R901 709
Bonus: R49 132
Total earnings per year: R950 841
Highest earning potential: R795 088
Bonus: R144 295
Total earnings per year: R939 383
Highest earning potential: R635 143
Bonus: R101 367
Total earnings per year: R736 510
6. Economists
Highest earning potential: R515 692
Bonus: R81 869
Total earnings per year: R597 561
Highest earning potential: R508 057
Median salary: R68 658
Total earnings per year: R576 715
Of course the take home for each of these positions depends on the cost of living in the province you work in. Overall, you’re more likely to make more money in Johannesburg than in Cape Town, where the salaries are generally highest.
Read: These are the true costs of relocating for a new job
If you’d like to have one of these highest paying finance jobs, you need to visit the Finance Section on Careers24 to browse the latest finance jobs in the market.
