The average salary for a Management Accountant in South Africa is R462,683.
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What Do Management Accountants Do?
Management accounting is a specific piece of the accounting world that focuses on delivering financial information in a way that helps the managerial staff of a company make decisions. A management accountant must not only be an expert in accounting, but they also must be able to present the data in a practical way that addresses management's challenges.
A management accountant should have an excellent understanding of the functions and operations of management and leadership, so they underst…Read more
Popular Employer Salaries for Management Accountant
The top respondents for the job title Management Accountant are from the companies Hollard, Absa and Eskom. Reported salaries are highest at Absa where the average pay is R600,000. Hollard pays the lowest at around R302,770.
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Somewhat common (8 - 20%)
Management Accountant Job Listings
What Are Popular Skills for Management Accountants?
Skills in Financial Reporting, Budgeting, Microsoft Excel and Budget Management are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis.
What is the Pay by Experience Level for Management Accountants?
An entry-level Management Accountant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of R261,667 based on 20 salaries. An early career Management Accountant with 1-4 years of experience earns an average total compensation of R398,767 based on 169 salaries. A mid-career Management Accountant with 5-9 years of experience earns an average total compensation of R494,799 based on 178 salaries. An experienced Management Accountant with 10-19 years of experience earns an average total compensation of R512,209 based on 102 salaries. In their late career (20 years and higher), employees earn an average total compensation of R605,000.
Years of Experience
This data is based on 492 survey responses.