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How Much Do Accountants Make in South Africa?

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.

How Much Do They Make?

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

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800.

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

  1. Accounting professionals with more than 20 years of experience might make over R 500
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000 annually.

Some Types of Accountants in South Africa

  1. Chartered Accountant
  2. Management Accountant
  3. Forensic Accountant
  4. Financial Accountant
  5. Cost Accountant

 

 

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