Average Creditor’s Clerk Salary in South Africa (2024)

The average Creditor’s Clerk Salary in South Africa is R14,000 per month. An entry-level Creditor’s Clerk earns a salary range of R11,250, a Mid-career level earns about R16,079, and a senior/experienced level earns R25,000 per month.

Average Creditor’s Clerk Salary in South Africa

Job Title Approximate Monthly Salary (ZAR)
Entry-Level Creditor’s Clerk 11,250
Mid-Career Creditor’s Clerk 16,079
Experienced Creditor’s Clerk 25,000

Types of Creditor’s Clerks and Their Functions in South Africa

In South Africa, the role of a Creditor’s Clerk is pivotal in ensuring the smooth financial operations of a business. These professionals are responsible for managing the company’s accounts payable and interacting with creditors. There are several types of Creditor’s Clerks, each with distinct functions that contribute to the overall financial health of an organization.

1. Accounts Payable Clerk

Primarily focused on processing invoices and ensuring timely payments to suppliers. Also responsible for verifying invoice accuracy, obtaining approvals, and maintaining accurate records of all outgoing payments.

2. Expense Clerk

Manages employee expense claims and ensures adherence to company policies. They handle reviews and process employee expense reports, reconcile receipts, and communicate with staff to resolve discrepancies.

3. Reconciliation Clerk

Focuses on reconciling creditor statements with the company’s records to identify and resolve discrepancies. They regularly review statements, investigate and resolve variances, and communicate with creditors to rectify any issues.

4. Payment Clerk

Handles the actual disbursement of funds to creditors. They also prepare and process payment runs, ensuring accuracy and compliance with payment terms. Coordinates with banks for fund transfers.

5. Credit Controller

Monitors and manages the company’s credit policies and relationships with creditors. Also responsible for evaluating credit applications, setting credit limits, and actively following up on overdue payments. Negotiates favourable credit terms with suppliers.

6. Vendor Management Clerk

Manages the relationships with suppliers to ensure a smooth flow of goods and services. They also communicate with vendors regarding orders, delivery schedules, and pricing. They also resolve any issues to maintain positive supplier relationships.

7. Compliance Clerk

Ensures that all creditor-related processes comply with relevant regulations and internal policies. Stays updated on legal requirements, conduct audits, and implements necessary changes to maintain compliance in creditor-related activities.

8. Data Entry Clerk

Focuses on accurately entering financial data into the company’s systems. They also handle inputting invoices, credit notes, and other financial transactions into the system. Maintains the integrity of financial data.

The diverse functions of Creditor’s Clerks in South Africa collectively contribute to the effective management of a company’s accounts payable, ensuring financial accuracy, compliance, and positive relationships with creditors. The collaboration of these roles is crucial for maintaining the financial stability and reputation of the organization.

Factors Affecting Creditor’s Clerk Salaries in South Africa

The salaries of creditor clerks in South Africa can be influenced by various factors, including individual qualifications, experience, location, industry, and the size and financial health of the employing organization. Here are some key factors that can affect creditors clerk salaries in South Africa:

1. Experience

Experience is one of the most significant factors influencing salary. The more years of relevant experience a creditor clerk has, the higher their earning potential. Experienced clerks often command higher salaries.

2. Qualifications

Having relevant qualifications, such as a diploma or degree in finance, accounting, or a related field, can lead to higher salaries. Many employers value formal education and may pay more for candidates with advanced degrees or professional certifications.

3. Location

The cost of living and the demand for creditors clerks can vary by region in South Africa. Generally, larger cities and urban areas tend to offer higher salaries to compensate for the higher cost of living.

4. Industry

The industry in which the organization operates can also impact salary levels. Some industries, such as finance, manufacturing, and mining, may offer higher salaries than others due to the complexity and volume of financial transactions.

5. Company Size

The size and financial health of the employing organization can influence salaries. Larger companies with more extensive financial operations may offer higher salaries than smaller businesses.

6. Skills and Specialization

Specialized skills or expertise in certain areas, such as tax compliance, foreign currency transactions, or specific software systems, can result in higher salaries. Employers often pay more for employees with unique skills that are in high demand.

7. Market Demand

The overall demand for creditor clerks in the job market can affect salaries. If there is a shortage of qualified creditor clerks, employers may offer higher salaries to attract and retain talent.

8. Negotiation

The ability to negotiate salary during the hiring process can also impact earnings. Candidates who effectively negotiate their compensation packages may secure higher salaries.

9. Performance

Individual job performance and contributions to the organization can lead to salary increases and bonuses over time. Exceptional performance may be rewarded with higher pay.

10. Economic Conditions

Macroeconomic factors, such as inflation rates and economic downturns, can impact salary levels across industries. In times of economic uncertainty, salary increases may be limited.

How to Become a Creditors Clerk in South Africa

Becoming a creditors clerk in South Africa typically involves a combination of education, training, and practical experience. Here are the general steps you can follow to pursue a career as a creditors clerk in South Africa:

1. Educational Requirements

– Matriculation Certificate: To be eligible for entry-level creditors clerk positions, you typically need at least a matriculation certificate (Grade 12) or its equivalent.

2. Choose a Relevant Educational Path

While not always mandatory, having a background in finance, accounting, or a related field can be beneficial. You may consider enrolling in a diploma or degree program in accounting, finance, or bookkeeping. Relevant courses can provide you with the necessary knowledge and skills.

3. Gain Practical Experience

Consider gaining practical experience through internships or entry-level positions in the finance or accounting field. This can help you familiarize yourself with financial processes, accounting software, and the responsibilities of a creditor clerk.

4. Develop Key Skills

Aspiring creditor clerks should develop skills in areas such as data entry, attention to detail, organization, numeracy, and computer proficiency. Familiarity with accounting software, spreadsheets, and word-processing programs is also valuable.

5. Certifications and Training

While not always mandatory, obtaining relevant certifications can enhance your credentials and career prospects. Consider pursuing certifications such as the Association of Chartered Accountants (ACCA), Chartered Institute of Management Accountants (CIMA), or South African Institute of Professional Accountants (SAIPA). These certifications may be beneficial if you plan to advance in your career.

6. Search for Job Opportunities

Start looking for entry-level credit clerk positions. You can search for job listings on online job portals, company websites, or through recruitment agencies. Tailor your resume to highlight your relevant skills and any finance-related coursework or experience.

7. Apply and Interview

Apply for creditors clerk positions that match your qualifications and interests. Prepare for job interviews by researching the company and practising common interview questions related to finance and accounting.

8. On-the-Job Training

Once hired, you will likely receive on-the-job training specific to your employer’s financial processes and systems. This training will help you become proficient in your role.

9. Career Advancement

To advance in your career as a creditors clerk, continue to build your skills and consider pursuing further education or certifications. Seek opportunities for promotion to more senior roles, such as senior creditors clerk or creditors manager.

10. Stay Informed and Adapt

The finance and accounting field is continually evolving. Stay informed about industry trends, changes in regulations, and advancements in financial technology to remain competitive in your career.



The average Creditor’s Clerk Salary in South Africa is R14,000 per month. Remember that networking, attending industry events, and joining professional organizations can also be valuable for career development in the field of finance and accounting in South Africa. Building a strong professional network can help you access job opportunities and stay updated on industry best practices.