The average salary for a Forensic Accountant in South Africa is R325,000.
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What Do Forensic Accountants Do?
Generally, forensic accountants work for insurance companies, banks, government agencies, and police forces to detect fraudulent activities, and some run their own independent practices. Their work focuses heavily on investigating and analyzing financial evidence, and some may also assist in legal proceedings. They also serve as expert witnesses in courtroom settings and prepare visual aids as needed.
Most employers require a bachelor’s or master’s degree in forensic accounting, general account…Read more
Forensic Accountant Tasks
- Ensure compliance with state and federal regulations.
- Prepare reports and summary of findings.
- Research, analyze and compile account histories, financial documents and transactions.
- Utilize accounting principles, financial analysis and auditing knowledge to prepare for legal disputes or litigation.
Popular Employer Salaries for Forensic Accountant
Forensic Accountant Job Listings
What Are Popular Skills for Forensic Accountants?
Skills in Microsoft Excel, Data Analysis and Auditing are correlated to pay that is above average. Skills that pay less than market rate include Fraud Investigation.
What is the Pay by Experience Level for Forensic Accountants?
An entry-level Forensic Accountant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of R188,000 based on 7 salaries. An early career Forensic Accountant with 1-4 years of experience earns an average total compensation of R257,316 based on 44 salaries. A mid-career Forensic Accountant with 5-9 years of experience earns an average total compensation of R413,904 based on 20 salaries. An experienced Forensic Accountant with 10-19 years of experience earns an average total compensation of R713,287 based on 10 salaries.
Years of Experience
This data is based on 81 survey responses.