The average salary for a Financial Accountant in South Africa is R343,136.
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What Do Financial Accountants Do?
Financial accountability is pivotal to maintaining a healthy business, and financial accountants conduct a number of functions to ensure this is possible. They manage payroll, taxes, income, spending, and educating their employer on financial information. Work days for financial accountants can be a bit longer than a standard 9-to-5 job, because of strict deadlines on all projects that financial accountants are given. Generally, financial accountants do not need to work directly with employees; …Read more
Popular Employer Salaries for Financial Accountant
The top respondents for the job title Financial Accountant are from the companies FNB, Sanlam and Mr Price Group. Reported salaries are highest at Sanlam where the average pay is R397,929. Other companies that offer high salaries for this role include FNB, earning around R394,085. First National Bank pays the lowest at around R310,000. Mr Price Group also pays on the lower end of the scale, paying R318,000.
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Somewhat common (8 - 20%)
Financial Accountant Job Listings
What Are Popular Skills for Financial Accountants?
Skills in Financial Reporting, General Ledger Accounting, Financial Analysis and Month-End Close are correlated to pay that is above average. Skills that pay less than market rate include Bookkeeping.
What is the Pay by Experience Level for Financial Accountants?
An entry-level Financial Accountant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of R252,313 based on 35 salaries. An early career Financial Accountant with 1-4 years of experience earns an average total compensation of R307,355 based on 451 salaries. A mid-career Financial Accountant with 5-9 years of experience earns an average total compensation of R352,963 based on 375 salaries. An experienced Financial Accountant with 10-19 years of experience earns an average total compensation of R399,242 based on 223 salaries. In their late career (20 years and higher), employees earn an average total compensation of R431,492.
Years of Experience
This data is based on 1,143 survey responses.