Home > Salary > South Africa > Fund Accounting Manager
A fund accounting manager is responsible for overseeing the financial operations of investment funds. They ensure accurate and timely recording of financial transactions, monitor fund performance, and prepare financial statements and reports for both internal and external stakeholders. Fund accounting managers also collaborate with investment managers and auditors to ensure compliance with regulatory requirements and industry standards. They play a crucial role in managing cash flows, reconciling accounts, and resolving any discrepancies. Additionally, they may be involved in budgeting, forecasting, and analyzing fund performance to provide insights and recommendations for improvement.
Estimated Yearly Salary: 232,848 ZAR
Estimated Monthly Salary: 19,404 ZAR
Estimated Weekly Salary: 4,478 ZAR per week
Estimated Hourly Salary: 112 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,722 ZAR
Estimated Weekly Salary: 4,320 ZAR per week
Estimated Hourly Salary: 108 ZAR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 11,634 USD
Estimated Monthly Salary: 970 USD
Estimated Weekly Salary: 224 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 232,848 ZAR
Estimated Monthly Salary: 19,404 ZAR
Estimated Weekly Salary: 4,478 ZAR per week
Estimated Hourly Salary: 112 ZAR per hour
By working as Fund Accounting Manager a person can save up to 698 USD per month or 8,380 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 Fund Accounting Manager
Last revision of data: 2025-01-04
Data as of 2025
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Fund Accounting Manager salary in South Africa
Average Yearly Salary of Fund Accounting Manager in South Africa is approximately 232,848 ZAR (11,634 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 Fund Accounting Manager do?
A fund accounting manager is responsible for overseeing the financial operations of investment funds. They ensure accurate and timely recording of financial transactions, monitor fund performance, and prepare financial statements and reports for both internal and external stakeholders. Fund accounting managers also collaborate with investment managers and auditors to ensure compliance with regulatory requirements and industry standards. They play a crucial role in managing cash flows, reconciling accounts, and resolving any discrepancies. Additionally, they may be involved in budgeting, forecasting, and analyzing fund performance to provide insights and recommendations for improvement.
Skills: Fund accounting, Financial operations, Investment funds, Financial statements, Compliance, Cash flow management.
Job industry: Finance
Job industry: Finance
How much does Fund Accounting Manager make?
Salary details
How much does Fund Accounting Manager make?Estimated Yearly Salary: 232,848 ZAR
Estimated Monthly Salary: 19,404 ZAR
Estimated Weekly Salary: 4,478 ZAR per week
Estimated Hourly Salary: 112 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 224,660 ZAREstimated Monthly Salary: 18,722 ZAR
Estimated Weekly Salary: 4,320 ZAR per week
Estimated Hourly Salary: 108 ZAR per hour
Last revision of data: 2024-01-08Fund Accounting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,634 USD
Estimated Monthly Salary: 970 USD
Estimated Weekly Salary: 224 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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 Fund Accounting Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Fund Accounting Manager in South Africa earns on average:
1.83 times the average salary (or 183% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Fund Accounting Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Fund Accounting Manager in South Africa earns on average:
1.83 times the average salary (or 183% of average salary).
Is Fund Accounting Manager a well paid job?
Yes, our data shows that Fund Accounting Manager 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 Fund Accounting Manager?
High salary for Fund Accounting Manager would be somewhere between 256,133 ZAR and 337,630 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Fund Accounting Manager 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: 232,848 ZAR
Estimated Monthly Salary: 19,404 ZAR
Estimated Weekly Salary: 4,478 ZAR per week
Estimated Hourly Salary: 112 ZAR per hour
By working as Fund Accounting Manager a person can save up to 698 USD per month or 8,380 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 Fund Accounting Manager
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:
Water specialist (78,720 ZAR per year, pre-tax.)
Estimating supervisor (147,272 ZAR per year, pre-tax.)
Tumor registrar (81,883 ZAR per year, pre-tax.)
Java programmer analyst (152,347 ZAR per year, pre-tax.)
Bookkeeper head (105,276 ZAR per year, pre-tax.)
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