Home > Salary > South Africa > Fixed Asset Accountant
A fixed asset accountant is responsible for managing and maintaining a company's fixed assets, which include land, buildings, vehicles, machinery, and equipment. Their primary role is to ensure accurate recording and reporting of fixed assets in compliance with accounting principles and regulations. They track the acquisition, depreciation, disposal, and valuation of fixed assets, ensuring that all transactions are properly recorded in the general ledger. Fixed asset accountants also conduct periodic audits to verify the physical existence of assets and reconcile any discrepancies. They collaborate with other departments to gather information on asset acquisitions and disposals, and provide support during financial audits. Attention to detail, strong analytical skills, and knowledge of accounting principles and regulations are essential for this role.
Estimated Yearly Salary: 154,130 ZAR
Estimated Monthly Salary: 12,844 ZAR
Estimated Weekly Salary: 2,964 ZAR per week
Estimated Hourly Salary: 74 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,440 ZAR
Estimated Weekly Salary: 2,871 ZAR per week
Estimated Hourly Salary: 72 ZAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 7,699 USD
Estimated Monthly Salary: 642 USD
Estimated Weekly Salary: 148 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: 154,130 ZAR
Estimated Monthly Salary: 12,844 ZAR
Estimated Weekly Salary: 2,964 ZAR per week
Estimated Hourly Salary: 74 ZAR per hour
By working as Fixed Asset Accountant a person can save up to 370 USD per month or 4,445 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 Fixed Asset Accountant
Last revision of data: 2025-01-04
Data as of 2025
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Fixed Asset Accountant salary in South Africa
Average Yearly Salary of Fixed Asset Accountant in South Africa is approximately 154,130 ZAR (7,699 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 Fixed Asset Accountant do?
A fixed asset accountant is responsible for managing and maintaining a company's fixed assets, which include land, buildings, vehicles, machinery, and equipment. Their primary role is to ensure accurate recording and reporting of fixed assets in compliance with accounting principles and regulations. They track the acquisition, depreciation, disposal, and valuation of fixed assets, ensuring that all transactions are properly recorded in the general ledger. Fixed asset accountants also conduct periodic audits to verify the physical existence of assets and reconcile any discrepancies. They collaborate with other departments to gather information on asset acquisitions and disposals, and provide support during financial audits. Attention to detail, strong analytical skills, and knowledge of accounting principles and regulations are essential for this role.
Skills: fixed asset management, financial accounting, depreciation accounting, asset valuation, financial reporting, compliance.
Job industry: Accounting
Job industry: Accounting
How much does Fixed Asset Accountant make?
Salary details
How much does Fixed Asset Accountant make?Estimated Yearly Salary: 154,130 ZAR
Estimated Monthly Salary: 12,844 ZAR
Estimated Weekly Salary: 2,964 ZAR per week
Estimated Hourly Salary: 74 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 149,280 ZAREstimated Monthly Salary: 12,440 ZAR
Estimated Weekly Salary: 2,871 ZAR per week
Estimated Hourly Salary: 72 ZAR per hour
Last revision of data: 2024-01-03Fixed Asset Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,699 USD
Estimated Monthly Salary: 642 USD
Estimated Weekly Salary: 148 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
Compare salary to other countries
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Country:
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 Fixed Asset Accountant job salary compared to average salary in South Africa.
Comparison shows that a person working as Fixed Asset Accountant in South Africa earns on average:
1.21 times the average salary (or 121% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Fixed Asset Accountant job salary compared to average salary in South Africa.
Comparison shows that a person working as Fixed Asset Accountant in South Africa earns on average:
1.21 times the average salary (or 121% of average salary).
Is Fixed Asset Accountant a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Fixed Asset Accountant?
High salary for Fixed Asset Accountant would be somewhere between 169,543 ZAR and 223,489 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Fixed Asset 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: 154,130 ZAR
Estimated Monthly Salary: 12,844 ZAR
Estimated Weekly Salary: 2,964 ZAR per week
Estimated Hourly Salary: 74 ZAR per hour
By working as Fixed Asset Accountant a person can save up to 370 USD per month or 4,445 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 Fixed Asset 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
(1,412,867 ZAR per year, pre-tax.)
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5. Neurosurgeon
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9. Oncologist
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10. Urologist
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Data as of 2025Random salary:
Broadway actor or actress (135,850 ZAR per year, pre-tax.)
Pharmacy service associate (psa) (49,355 ZAR per year, pre-tax.)
Pilot (300,040 ZAR per year, pre-tax.)
Mediator (123,396 ZAR per year, pre-tax.)
Physician assistant (pa) (260,140 ZAR per year, pre-tax.)
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