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Average Financial Accountant Salary in South Africa

R343,136
Avg. SalaryShow Hourly Rate
R28,734
Bonus
R30,000
Commission
R19,653
Profit Sharing
What am I worth?
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How should I pay?
Price a job
The average salary for a Financial Accountant in South Africa is R343,136.
10%
ZAR 175k
MEDIAN
ZAR 343k
90%
ZAR 557k
Is Financial Accountant your job title? Find out what you should be paid
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Salary
R175k - R557k
Bonus
R10k - R76k
Profit Sharing
R485 - R93k
Commission
R0 - R30k
Total Pay
R180k - R607k
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What Do Financial Accountants Do?

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.

Career Paths

Explore the most common career paths for Financial Accountant. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Financial Accountant
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Financial Accountant Job Listings

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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.
Entry Level
3.1%
Early Career
39.5%
Mid Career
32.8%
Experienced
19.5%
Late Career
5.2%

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