Accountant

R577,045 (ZAR)/yr

R277.43 (ZAR)/hr

R20,197 (ZAR)/yr

The average accountant gross salary in Cape Town, South Africa is R577,045 or an equivalent hourly rate of R277. This is 8% higher (+R44,243) than the average accountant salary in South Africa. In addition, they earn an average bonus of R20,197. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Cape Town, South Africa. An entry level accountant (1-3 years of experience) earns an average salary of R416,241. On the other end, a senior level accountant (8+ years of experience) earns an average salary of R718,800.

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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R668,953 (ZAR)

16 %

Based on our compensation data, the estimated salary potential for Accountant will increase 16 % over 5 years.

This chart displays the highest level of education for:
Accountant, the majority at 62% with bachelors.

Typical Field of Study: Accounting

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Cape Town, South Africa

The cost of living in Cape Town, South Africa is 13% more than the average cost of living in South Africa. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Cape Town is the legislative capital of South Africa. It is the country's oldest city and the seat of the Parliament of South Africa. It is the country's second-largest city, after Johannesburg, and the largest in the Western Cape. The city is part of the City of Cape Town metropolitan municipality. The city is known for its harbour, its natural setting in the Cape Floristic Region, and for landmarks such as Table Mountain and Cape Point. In 2014, Cape Town was named the best place in the world to...

Sourced from Wikipedia
Readies and maintains financial and business transactions, applying accounting principles, that include work that is analytical, evaluative, and advisory in nature and that requires an understanding of both accounting theory and practice. Utilizes knowledge of the fundamental doctrines, theories, principles, and terminology of accountancy, and often entails some understanding of such related fields as business law, statistics, and general management.... Analyzes the effects of transactions upon account relationships. Evaluates alternative means of treating transactions. Plans the manner in which account structures should be developed or modified. Ensures the adequacy of the accounting system as the basis for reporting to management. Considers the need for new or changed controls. Projects accounting data to show the effects of proposed plans on capital investments, income, cash position, and overall financial condition. Interprets the meaning of accounting records, reports, and statements. Advises operating officials on accounting matters. Excludes paraprofessional accountants. Read More

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Disclaimer

This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.

Professionals should subscribe to SalaryExpert’s Assessor Platform.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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