Accountant Salaries In Namibia

Payroll accounting is essentially the calculation, management, recording, and analysis of employees’ compensation. It includes whatever base salary an employee receives, along with other types of payment that accrue during the course of their work.

Frequently Ask Questions

How much is an accountant paid in Namibia?

Average salary for Chartered Accountant / Namibia is 690,215 NAD per year. The most typical earning is 610,681 NAD. All data are based on 8 salary surveys.

Are Chartered Accountants in demand in Namibia?

The Institute of Chartered Accountants , the premier accounting body regulating the profession of Chartered Accountancy, has reported an increase of 37% in demand for newly qualified CAs for employment in industry through its campus placement program concluded recently.

How many chartered accountants are there in Namibia?

As of 1 April 2019, the Institute has 2,91,698 members out of which 1,92,857 are associates and 98,841 are fellows.

What Job Can an accountant get in Namibia?

You can work in a number of roles with an accounting degree besides accounting, including financial examiner, financial analyst, finance manager, chief financial officer, budget analyst or business and financial consultant.

How can I become a CA in Namibia?

Requirements: To register for the Bachelor of Accounting (Chartered Accountancy), a candidate must hold a valid Namibia Senior Secondary Certificate (NSSC) or any other equivalent qualification.

Are accountants happy in Namibia?

Accountants are one of the least happy careers in Namibia. At Career Explorer, we conduct an ongoing survey with millions of people and ask them how satisfied they are with their careers. As it turns out, accountants rate their career happiness 2.6 out of 5 stars which puts them in the bottom 6% of careers.

What are careers in accounting in Namibia?

• Auditor. Broadly speaking, auditors are responsible for evaluating compliance with financial standards and reporting regulations.
• Financial Accountant.
• Tax Accountant.

How many years does it take to be an accountant in Namibia?

How long does it take to become an accountant? For most accounting jobs, you’ll need a bachelor’s degree, which usually takes four years to complete. Once you’re out of school, you can take on an entry-level position like staff accountant, tax staff, or junior internal auditor.

Is accounting stressful in Namibia?

Research by AAT found that 90% of people who work in accountancy have been stressed out by work, with 43% having to take time off as a result of stress. This makes accountancy one of the most stressful industries to work in.

Do accountants have to be good at math in Namibia?

While accountants do need to be competent in math, they also need to have basic computer skills, strong analytical abilities, good interpersonal skills and a talent for effective communication.

What education level is a chartered accountant in Namibia?

The ACCA Qualification is broadly equivalent to degree standard when you take the first nine papers (the Fundamentals level). When you take the Professionals level, it is equivalent to a masters degree.

How many points do you need to be a chartered accountant in Namibia?

Learners must score at least 31 points on the university’s SPS rating scale. Applicants who do not meet the requirements for direct admission, and who have an SPS of 18 or higher, may be referred to write the Access Assessment Battery before a decision is made on whether or not to admit the applicant to the course.

Are accountants in demand in Namibia?

Employment of accountants and auditors is projected to grow 4 percent from 2019 to 2029, about as fast as the average for all occupations. Globalization, a growing economy, and a complex tax and regulatory environment are expected to continue to lead to strong demand for accountants and auditors.

What accountants do all day in Namibia?

Accountants spend the majority of the work day analyzing, collecting, compiling, and evaluating financial data. Accountants also prepare a variety of reports and financial statements, from daily cash flow statements for small companies to annual financial reports for large organizations.

What is the easiest accounting job in Namibia?

• Budget Analyst. A budget analyst, also known as a cost estimator or budget accountant, is an entry-level position in the field of private accounting or management.
• Public Accountant. Public accountants may work in either private practices or accounting firms.
• Accounting Assistant.
• Accounting Clerk.
• Bookkeeper.