{"id":809351,"date":"2025-02-02T13:00:00","date_gmt":"2025-02-02T11:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=809351"},"modified":"2025-01-31T15:51:12","modified_gmt":"2025-01-31T13:51:12","slug":"19-entry-level-jobs-in-south-africa-that-pay-over-r400000","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/809351\/19-entry-level-jobs-in-south-africa-that-pay-over-r400000\/","title":{"rendered":"19 ‘entry-level’ jobs in South Africa that pay over R400,000"},"content":{"rendered":"\n

Professional recruitment firm Robert Walters<\/a> has published the results of its 2025 salary survey, which shows what young professionals can expect to earn in an entry-level job in the accounting, finance, and legal sectors in South Africa. <\/p>\n\n\n\n

These numbers are based on the earning potential of people with 0-2 (or three) years of experience.<\/p>\n\n\n\n

South Africa is facing 45.5% youth unemployment, and employment is continuously decreasing<\/a>. <\/p>\n\n\n\n

However, of South Africa\u2019s unemployed, only about a fifth have tertiary education<\/a>.<\/p>\n\n\n\n

Qualified chartered accountants (CAs), private equity and corporate finance managers, investment analysts, associates of large private legal firms, and treasury accountants are the entry-level jobs with the highest potential earnings.\u00a0<\/p>\n\n\n\n

A qualified CA stands to earn R50,000 per month salary\u2014or starting at R600,000 a year\u2014with 0-2 years of experience behind them.<\/p>\n\n\n\n

These skills are especially sought after in South Africa because there is a shortage of accountants.\u00a0<\/p>\n\n\n\n

This is due to a brain drain of local talent, where many qualified individuals believe international markets offer significantly higher salaries and better opportunities to achieve long-term goals.<\/p>\n\n\n\n

However, the number of staff needed at accounting firms is expected to decrease because AI can take over the more mundane parts of the job, BBC reports<\/a>.<\/p>\n\n\n\n

According to Robert Walters’ data, there are about 19 entry-level (0-2 year experience) jobs that pay over R400,000, including actuaries and business analysts.<\/p>\n\n\n\n

Private equity and corporate finance managers can earn R650,000 annually, or about R54,000 monthly, when they first step into their jobs. <\/p>\n\n\n\n

An investment analyst stands to earn the same amount as a corporate finance manager. <\/p>\n\n\n\n

Private practice associates at large firms can earn R640,000 in their first year. This means that they would earn salaries of about R53,000 per month.\u00a0<\/p>\n\n\n\n

However, this is practically double the salary of someone at a boutique firm. <\/p>\n\n\n\n

A treasury accountant who is only just getting started also stands to earn R600,000, or R50,000 monthly. <\/p>\n\n\n\n

Additionally, better-skilled people can earn more within a similar field. Non-qualified and partly qualified people earn less than fully qualified individuals<\/a>.\u00a0<\/p>\n\n\n\n

Furthermore, several of these jobs are also on the government\u2019s critical skills list. These occupations are sought after in South Africa and critical to the country\u2019s development.\u00a0<\/p>\n\n\n\n

This list contains occupations like tax professionals, actuaries, auditors, forensic accountants, corporate treasurers and investment managers.<\/p>\n\n\n\n

While this makes certain jobs more sought after, low economic growth stifles expansion, which means that there are not necessarily many positions available. <\/p>\n\n\n\n

The table below outlines the starting salaries for graduate professionals with 0 to 2 years of experience \u2013 ordered from the highest starting salary.<\/p>\n\n\n\n

Job title<\/strong><\/td>Sector<\/strong><\/td>Job Group<\/strong><\/td>Salary 2025<\/strong>
(0-2 yrs XP)<\/td><\/tr>
Associate<\/td>Legal<\/td>Private Practice (Large Firm)<\/td>R670,000<\/strong><\/td><\/tr>
Private Equity\/Corporate Finance<\/td>Banking<\/td>Banking<\/td>R650,000<\/strong><\/td><\/tr>
Investment Analyst (CA plus CFA)<\/td>Banking<\/td>Investment Management\/Asset Management<\/td>R650,000<\/strong><\/td><\/tr>
Qualified CA(SA) Johannesburg<\/td>Banking<\/td>Accounting, Audit, Tax & Treasury<\/td>R600,000<\/strong><\/td><\/tr>
Credit Analyst\/Credit Manager (Qualified CA)<\/td>Banking<\/td>Credit<\/td>R600,000<\/strong><\/td><\/tr>
Treasury Accountant<\/td>Accounting<\/td>Taxation\/Treasury<\/td>R600,000<\/strong><\/td><\/tr>
CA (SA)<\/td>Accounting<\/td>Qualified CA (SA) or CIMA or BCom<\/td>R550,000<\/strong><\/td><\/tr>
CIMA Qualified Management Accountant<\/td>Banking<\/td>Accounting, Audit, Tax & Treasury<\/td>R500,000<\/strong><\/td><\/tr>
Relationship Manager\/Corporate Banker<\/td>Banking<\/td>Banking<\/td>R500,000<\/strong><\/td><\/tr>
Credit Analyst\/Credit Manager (Non-Qualified)<\/td>Banking<\/td>Credit<\/td>R500,000<\/strong><\/td><\/tr>
Internal Auditor (Non-Qualified)<\/td>Banking<\/td>Internal audit or IT audit<\/td>R450,000<\/strong><\/td><\/tr>
Strategy Consultant<\/td>Banking<\/td>Management Consultancy<\/td>R450,000<\/strong><\/td><\/tr>
Quant Risk Analyst<\/td>Banking<\/td>Risk, Data Science & Analytics<\/td>R450,000<\/strong><\/td><\/tr>
Part-QualifiedCA(SA)(Degree\/HonoursArticles)<\/td>Banking<\/td>Accounting, Audit, Tax & Treasury<\/td>R400,000<\/strong><\/td><\/tr>
Equity ResearchAnalyst (Non-Qualified)<\/td>Banking<\/td>Global Markets<\/td>R400,000<\/strong><\/td><\/tr>
Business Analyst<\/td>Banking<\/td>Management Consultancy<\/td>R400,000<\/strong><\/td><\/tr>
Actuary<\/td>Banking<\/td>Risk, Data Science & Analytics<\/td>R400,000<\/strong><\/td><\/tr>
Treasury Specialist \/Manager<\/td>Banking<\/td>Treasury<\/td>R400,000<\/strong><\/td><\/tr>
CIMA\/ CGMA<\/td>Accounting<\/td>Qualified CA (SA) or CIMA or BCom<\/td>R400,000<\/strong><\/td><\/tr>
Non-QualifiedAccountant (BCom)<\/td>Banking<\/td>Accounting, Audit, Tax & Treasury<\/td>R350,000<\/td><\/tr>
Graduates (\/-Honours)<\/td>Banking<\/td>Accounting, Audit, Tax & Treasury<\/td>R350,000<\/td><\/tr>
AML Officer \/Manager \/Specialist<\/td>Banking<\/td>AML & Financial Crime<\/td>R350,000<\/td><\/tr>
Management Consultant (Non-CA)<\/td>Banking<\/td>Management Consultancy<\/td>R350,000<\/td><\/tr>
Data Scientist (B.I.Business Intelligence)<\/td>Banking<\/td>Risk, Data Science & Analytics<\/td>R350,000<\/td><\/tr>
Ops Risk Manager<\/td>Banking<\/td>Risk, Data Science & Analytics<\/td>R350,000<\/td><\/tr>
Part Qualified CA (SA)<\/td>Accounting<\/td>Part Qualified<\/td>R350,000<\/td><\/tr>
Tax Accountant<\/td>Accounting<\/td>Taxation\/Treasury<\/td>R350,000<\/td><\/tr>
Associate<\/td>Legal<\/td>Private Practice (Boutique Firm)<\/td>R330,000<\/td><\/tr>
Fund Accountant(Non-Qualified)<\/td>Banking<\/td>Accounting, Audit, Tax & Treasury<\/td>R320,000<\/td><\/tr>
Bcom<\/td>Accounting<\/td>Qualified CA (SA) or CIMA or BCom<\/td>R250,000<\/td><\/tr>
Part Qualified CIMA<\/td>Accounting<\/td>Part Qualified<\/td>R250,000<\/td><\/tr>
Internal Auditor<\/td>Accounting<\/td>Qualified CA (SA) or CIMA or BCom<\/td>R250,000<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"

The Robert Walters 2025 salary survey shows the highest earning entry-level jobs are in the accounting, finance, and legal sectors.<\/p>\n","protected":false},"author":117,"featured_media":801055,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[21590,4588,1398,12214],"class_list":["post-809351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-2025-salary-survey","tag-employment","tag-jobs","tag-robert-walters"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/809351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/117"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=809351"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/809351\/revisions"}],"predecessor-version":[{"id":809873,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/809351\/revisions\/809873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/801055"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=809351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=809351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=809351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}