Home > Salary > South Africa > Certified Management Accountant
A Certified Management Accountant (CMA) is a professional designation that signifies expertise in management accounting and financial management. CMAs play a crucial role in organizations by providing strategic financial analysis, planning, and decision-making support. They are responsible for analyzing financial data, preparing budgets, forecasting future trends, and identifying areas for cost reduction and efficiency improvement. CMAs also contribute to the development of performance measurement systems, risk management strategies, and internal control mechanisms.
Estimated Yearly Salary: 177,230 ZAR
Estimated Monthly Salary: 14,769 ZAR
Estimated Weekly Salary: 3,408 ZAR per week
Estimated Hourly Salary: 85 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,288 ZAR
Estimated Weekly Salary: 3,297 ZAR per week
Estimated Hourly Salary: 82 ZAR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 8,872 USD
Estimated Monthly Salary: 739 USD
Estimated Weekly Salary: 171 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 177,230 ZAR
Estimated Monthly Salary: 14,769 ZAR
Estimated Weekly Salary: 3,408 ZAR per week
Estimated Hourly Salary: 85 ZAR per hour
By working as Certified Management Accountant a person can save up to 468 USD per month or 5,618 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Certified Management Accountant
Last revision of data: 2025-01-04
Data as of 2025
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Certified Management Accountant salary in South Africa
Average Yearly Salary of Certified Management Accountant in South Africa is approximately 177,230 ZAR (8,872 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Certified Management Accountant do?
A Certified Management Accountant (CMA) is a professional designation that signifies expertise in management accounting and financial management. CMAs play a crucial role in organizations by providing strategic financial analysis, planning, and decision-making support. They are responsible for analyzing financial data, preparing budgets, forecasting future trends, and identifying areas for cost reduction and efficiency improvement. CMAs also contribute to the development of performance measurement systems, risk management strategies, and internal control mechanisms.
Skills: Certified Management Accountant, Financial Management, Strategic Analysis, Budgeting, Forecasting, Cost Reduction, Performance Measurement
Job industry: Accounting
Job industry: Accounting
How much does Certified Management Accountant make?
Salary details
How much does Certified Management Accountant make?Estimated Yearly Salary: 177,230 ZAR
Estimated Monthly Salary: 14,769 ZAR
Estimated Weekly Salary: 3,408 ZAR per week
Estimated Hourly Salary: 85 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 171,460 ZAREstimated Monthly Salary: 14,288 ZAR
Estimated Weekly Salary: 3,297 ZAR per week
Estimated Hourly Salary: 82 ZAR per hour
Last revision of data: 2024-01-09Certified Management Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,872 USD
Estimated Monthly Salary: 739 USD
Estimated Weekly Salary: 171 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Certified Management Accountant job salary compared to average salary in South Africa.
Comparison shows that a person working as Certified Management Accountant in South Africa earns on average:
1.4 times the average salary (or 140% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Certified Management Accountant job salary compared to average salary in South Africa.
Comparison shows that a person working as Certified Management Accountant in South Africa earns on average:
1.4 times the average salary (or 140% of average salary).
Is Certified Management Accountant a well paid job?
Yes, our data shows that Certified Management Accountant is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Certified Management Accountant?
High salary for Certified Management Accountant would be somewhere between 194,953 ZAR and 256,984 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Certified Management Accountant in South Africa?
Living in South Africa the approximate monthly expenses are: 271 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 177,230 ZAR
Estimated Monthly Salary: 14,769 ZAR
Estimated Weekly Salary: 3,408 ZAR per week
Estimated Hourly Salary: 85 ZAR per hour
By working as Certified Management Accountant a person can save up to 468 USD per month or 5,618 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Certified Management Accountant
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in South Africa
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Data as of 2025Random salary:
Retail service clerk (59,120 ZAR per year, pre-tax.)
Area sales manager (149,800 ZAR per year, pre-tax.)
Grants development specialist (131,396 ZAR per year, pre-tax.)
Market researcher (159,386 ZAR per year, pre-tax.)
Arc cutter welding (69,557 ZAR per year, pre-tax.)
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