In South Africa, an accountant makes R 389 250 year, or R 200 per hour. Most experienced
professionals can earn up to R 5 459 366 each year, while entry-level occupations start at R 240
800.
What Is The Role Of An Accountant?
Accounting professionals make financial computations for businesses across a wide range of
industries. Making sales and cash flow reports, processing payroll, maintaining balance sheets,
handling billing procedures, managing budgets, and maintaining inventory are a few typical
tasks. The accountant may also be in charge of preparing tax returns for the business and
forecasting revenue by looking through previous reports.
What are the top five highest paying cities in South Africa for Accountants?
1. Johannesburg, Gauteng
2. Johannesburg South, Gauteng
3. Sandton, Gauteng
4. Boksburg, Gauteng
5. East London, Eastern Cape
How do years of Experience Affect Accountants Salary in South Africa?
An Entry Level Accountant with less than three years of experience may anticipate to make an
average salary of R 200 000 gross per year in South Africa. The average compensation for an
accountant at the intermediate level with 4 to 9 years of experience is R 240 000, while the
average salary for an accountant at the senior level with 10 to 20 years of experience is R 330
000. Accounting professionals with more than 20 years of experience might make over R 500
000 annually.
Some Types of Accountants in South Africa
1. Chartered Accountant
- Management Accountant
3. Forensic Accountant
4. Financial Accountant
5. Cost Accountant
