What is a chartered account salary per month in South Africa? Well, the answer is in this post.
Students wishing to take a career in Chartered Accounting in South Africa will now be aware of the salaries in the public sector and will now understand if the accounting and courses are worth it to pursue.
Who is a chartered accountant?
As a chartered accountant you’ll give financial advice, audit accounts and provide trustworthy information about financial stuffs. This involves financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes.
Chartered accountants can work in a range of organizations, including the public and private sector as well as in the not-for-profit sectors.
Depending on the firm a chartered account is working with, he may be required to work together with a team or independent.
How to become a chartered account in South Africa
A bachelor’s degree in accounting, finance or business coupled with some number of years working as an accountant. Accountants are also required to complete an additional two-year accounting program to become chartered.
The specific extra requirements differ by country.
Salary of Chartered Accountants per annum
A newly qualified chartered accountant can earn R550 000 – R600 000 per annum.
The monthly salary for chartered accountant in South Africa ranges between R46 000 – R50 000.
Things to note
Accountants salary differs from one company to the other. The load of work, years of experience, location, gender, rank and other several factors can contribute to the salary of an accountant.
A newly qualified accountant will obviously earn a lower salary as compared with one with several years of experience.
The job of a chartered accountant is not for everyone. It requires sacrifice, discipline, talent and time. It is definitely a white-collar job. The average salary of a chartered accountant is R550 000 per annum.