Chartered accountants are professionals who work in various sectors of the economy, managing the finances of an entity, providing financial advice, and helping out with money management. This can be for a business, individual, or government.
Below are salaries earned by Chartered Accountant In South Africa
Chartered Accountant Average Salary
The average salary for a Chartered Accountant in SA is R 522 600 gross per year (R 43 550 gross per month), which is 85% higher than South Africa’s national average salary.
Salary Range: a Chartered Accountant (CA) can expect an average starting salary of R 277 683. The highest salaries can exceed R 841 350.
Chartered Accountant Salary Range – South Africa
Among Chartered Accountants in South Africa, fresh Chartered Accountants tend to have the lowest salaries, while more experienced and skilled professionals like Chartered Management Accountants enjoy the highest salaries.
Chartered Accountant – Pay by Experience Level
In South Africa, an Entry Level Chartered Accountant with less than three years of experience can expect to earn an average compensation of R 25 000 gross per month.
An intermediate level Chartered Accountant with 4-9 years of experience earns an average salary of R 40 000, while a Senior Chartered Accountant with 10-20 years of experience makes on average R 50 000. Chartered Accountants with more than 20 years of experience may earn more than R 60 000 monthly.
How Work Experience Affects the Salary of a Chartered Accountant in SA
|Late Career||▲ +38%|
|Average Salary||R 43 550/month|
|Intermediate Level||▼ -8%|
|Entry Level||▼ -43%|
How much does CA earn per month?
A: A CA salary per month may be estimated at INR55k. The salary of a ca in India per month is on the basis of his skills, capabilities, and experience. Q: What does a CA-Final topper earn pa? ? A: If you are a topper, you can earn INR 36 lakhs for an International posting and INR 22.50 lakhs for a Domestic posting.
How much do CA trainees earn in South Africa?
CA Trainee Salaries
|Standard Chartered Bank CA Trainee salaries – 1 salary reported||ZAR 336,036/yr|
|Letsema Group CA Trainee salaries – 1 salary reported||ZAR 211,000/yr|
|KPMG CA Trainee salaries – 1 salary reported||ZAR 18,917/mo|
|KPMG CA Trainee salaries – 1 salary reported||ZAR 225,000/yr|
How many years does it take to be a chartered accountant in South Africa?
If you choose to become a chartered accountant, your career is likely to be stable with strong demand for your skills. Depending on the degree course you choose, it will take you four to five years to complete your degree at a university.
Are CA in demand in South Africa?
A Chartered Accountant (CA) is the highest professional qualification in accounting in South Africa and CA’s are most in-demand in the job market.
How many CA are in South Africa?
As of June 2021, the institute has over 48 000 members. SAICA provides support, advice, and services to its members throughout their professional lives. SAICA members are business advisors, business leaders, and entrepreneurs.
South African Institute of Chartered Accountants.
Which university is the best in accounting in South Africa?
Top 10 Best Accounting Universities In South Africa
The University of the Witwatersrand.
The University of Johannesburg.
The University of Pretoria.
The University of KwaZulu Natal.
The University of Cape Town.
How do I become a chartered accountant in South Africa?
The journey towards a CA (SA) professional qualification includes three major steps. These are: (1) obtaining the necessary university qualifications, (2) completing a leadership program, and (3) completing two final professional examinations administered by SAICA.
How long does it take to become an accountant in South Africa?
To become a registered Professional Accountant (SA) you will need to complete a degree or Diploma from a South African Institute of Professional Accountants (SAIPA) -an accredited institution as well as a three-year learner ship at an accredited training center, or complete six years of verifiable experience.