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Chartered Accountant Salary in South Africa

How much does a Chartered Accountant make in South Africa?

R580,770 (ZAR)/year

Average Bonus

R23,521 (ZAR)

per Year
Total Compensation

R596,919.19

As of July, 23, 2026, the average chartered accountant gross salary in South Africa is R580,770 or an equivalent hourly rate of R248. In addition, chartered accountants earn an average bonus of R23,521. An entry level chartered accountant with 1-3 years of experience earns an average salary of R414,161. At the higher end of the pay range, a senior level chartered accountant with 8+ years of experience earns an average salary of R669,058. Salary estimates are based on salary survey data collected directly from employers in South Africa.
Data powered by ERI

Salary Potential for a Chartered Accountant

Explore the estimated salary growth for a Chartered Accountant in South Africa for up to 5 years. The estimated salary of a Chartered Accountant will be R597,042 in 1 year and R666,819 in 5 years.
View Salary by Year
Estimated Salary
R613,770
Average Growth
5.7%
The estimated salary for a Chartered Accountant in 2 years is R613,770, which is 5.7% average growth. This information is based on ERI's compensation database.

Typical Chartered Accountant Education

This chart displays the highest level of education for Chartered Accountants.

  • 0% of Chartered Accountants have less than a High School Diploma
  • 11% of Chartered Accountants have a High School Diploma
  • 4% of Chartered Accountants have an Associate's Degree
  • 42% of Chartered Accountants have a Bachelor's Degree
  • 43% of Chartered Accountants have a Master's Degree
  • 2% of Chartered Accountants have a Doctorate Degree

The typical field of study for a Chartered Accountant is Accounting.

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Popular Skills for a Chartered Accountant

Interprets accounts
77%
Advises clients
54%
Researches records
31%
Data analysis
8%
Checks data
8%
Collects data
8%

These are the most popular skills for Chartered Accountants. About 77% of Chartered Accountants have a skill in Interprets accounts. The top 3 most popular skills for Chartered Accountants are interprets accounts, advises clients, and researches records.

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Cost of Living in South Africa

The cost of living in South Africa is equal to the national average.
0% equal to
than the national average
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Frequently Asked Questions

What does a Chartered Accountant do?
Analyzes past and present financial data, and provides a variety of other accounting services to the general public, utilizing principles of accounting. Researches records of present and past operations, trends and costs, estimated and realized revenues, administrative commitments, and obligations incurred. Advises clients regarding matters, such as effective use of resources and methods for preventing capital from being frozen. Interprets accounts and records to client. Estimates expenditures expected. Positions covered by this definition are characterized by the inclusion of work that requires an understanding of other accounting theories and principles. Excludes paraprofessional positions.
How much does a Chartered Accountant make in South Africa?
The average salary for a Chartered Accountant is R580,770 per year or R248.19 per hour in South Africa. Top earners have reported making up to R669,058. However, the typical pay range in South Africa is between R414,161 and R669,058 annually.
What is the salary trajectory for a Chartered Accountant?
Chartered Accountant is projected to see a 14.8 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer? 
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career. 
What are some factors that impact Chartered Accountant salaries? 
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.

About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

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