The experience level is the most important factor in determining the salary. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. Accountant Salaries in Saudi Arabia Average Total Compensation {{ salaryInfo.currency }} {{ salaryInfo.salary[salaryInfo.currency].second_quartile | number }} per month Hospital Accountant jobs in Saudi Arabia - Check out latest Hospital Accountant job vacancies in Saudi Arabia with eligibility, salary, companies etc. 8 Essential CV Tips That Will Make a Huge Difference, 10 job hunting mistakes everyone is making, 21 high paying jobs that don't require a college degree, 25 simple money saving tips ($15000+ in savings! Job opportunities for Accounting,accountant in Saudi Arabia. Reading from the salary distribution diagram, 25% of Accountant(s) are earning less than 7,270 SAR while 75% of them are earning more than 7,270 SAR. Copyright © 2008–2020, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Not enough reports to show salary distribution. The figures provided here are averages of numbers. These types of bonuses are given without a reason and usually resemble an appreciation token. ), 6 simple ways for anyone to earn extra income, Accounts Payable and Receivable Specialist. Accountant salaries in Saudi Arabia range from 5,100 SAR per month (minimum salary) to 16,700 SAR per month (maximum salary). 8 Questions You Should Absolutely Ask An Interviewer, Saudi Binladin Accountant salaries - 5 salaries reported, Accounting Principals Accountant salaries - 3 salaries reported, Saudi Aramco Accountant salaries - 2 salaries reported, alfanar Accountant salaries - 2 salaries reported, Almarai Accountant salaries - 2 salaries reported, NCB Accountant salaries - 2 salaries reported, Abdul Latif Jameel Accountant salaries - 2 salaries reported, AZMEEL Accountant salaries - 2 salaries reported, Bindawood Accountant salaries - 2 salaries reported, Saudi Binladin Accountant salaries - 1 salaries reported, SABIC Accountant salaries - 1 salaries reported, Almarai Accountant salaries - 1 salaries reported, Saudi Electricity Company Accountant salaries - 1 salaries reported, EY Accountant salaries - 1 salaries reported, Mobily Accountant salaries - 1 salaries reported, NCB Accountant salaries - 1 salaries reported, Nesma & Partners Accountant salaries - 1 salaries reported, El-Seif Engineering Contracting Accountant salaries - 1 salaries reported, Landmark Group Accountant salaries - 1 salaries reported. Also, Accounting and Finance salaries are 3% more than those of All Jobs. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise. * Based on the average change in salary over time. 6,000. The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase. If you are an employer this page can help you with the decision how much to pay employees. This tool allows you to quickly create a salary example for Saudi Arabia with income tax deductions for the 2020 tax year. Verified employers. 45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus. Accountant jobs in Saudi Arabia - Check out latest Accountant job vacancies in Saudi Arabia with eligibility, salary, companies etc. Naturally the more years of experience the higher your wage. 10,000. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle. Salary estimates are based on 17 salaries submitted anonymously to Glassdoor by Accountant employees. We wrote a guide to explain all about the different scenarios. Proper recording of all entrusted accounting records. Example:A graphics designer working for a graphics designing company. Average gross monthly salary in Saudi Arabia is. Public sector employees in Saudi Arabia earn 7% more than their private sector counterparts on average across all sectors. 8,000. On average, a Bachelor's Degree is the highest level of education for an Accountant. Apply free to various Accountant job openings @monsterindia.com ! 25 Simple Ways to Reduce Bills and Save Money. Accountant earn a gross annual average of SAR 121,128, while Electrical Engineer earn SAR 135,000. An Accountant is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. When the education level is High School, the average salary of an Accountant is 7,420 SAR per month. Salary variations differ from person to person. Professionals who hold a Master's Degree are rewarded with an average salary of 15,400 SAR per month, 23% more than someone with Bachelor's Degree. Monthly Salary Reset. Read Mr. Tonyâ s answer for examples. Visit PayScale to research accountant salaries by city, experience, skill, employer and more. The most typical salary is SAR 141,700 (Gross). Cost Accountant jobs in Saudi Arabia - Check out latest Cost Accountant job vacancies in Saudi Arabia with eligibility, salary, companies etc. How to compare your salary. Salary estimates are based on 13 salaries submitted anonymously to Glassdoor by Accountant employees. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. ), 7 of the Best Situational Interview Questions. Register today to explore Accountant Visa Vacancies in Saudi Arabia in top companies with ️ Instant Job Alerts ️ Easy Apply. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. Below you will find a detailed breakdown based on many different criteria. If the experience level is between fifteen and twenty years, then the expected wage is 14,500 SAR per month, 6% more than someone with ten to fifteen years of experience. Job opportunities for Senior accountant in Saudi Arabia. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. Average take home earning is SAR 245,572 (Net). The average accountant salary in Jeddah, Saudi Arabia is 136,355 ر.س.‏ or an equivalent hourly rate of 66 ر.س.‏. Find jobs, careers, employment, job listings, staff and candidates in Dubai, Abu-Dhabi, UAE, Qatar, Saudi Arabia, Kuwait, Oman and Bahrain. Average gross monthly salary in Saudi Arabia is. UPDATED TODAY The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. 67 Accountant jobs in Riyadh, SAUDI ARABIA Job description. In Saudi Arabia economy, CEO is on the top list of highest earners, earning an average gross salary of SAR 754,700. One major difference between salaried employees and hourly paid employees is overtime eligibility. The hourly wage is the salary paid in one worked hour. A person working in Accounting and Finance in Saudi Arabia typically earns around 17,200 SAR per month. A person working as an Accountant in Saudi Arabia typically earns around 10,600 SAR per month. You should be able to recover the costs in roughly a year or so. The amount of the bonus will probably be different from person to person depending on their role within the organization. Their field of expertise usually matches the type of business. Post your CV Free and Get opportunity to work with top companies in Saudi Arabia. Find the latest Chief Accountant job vacancies and employment opportunities in Saudi Arabia. 21 High Paying Jobs That Don't Require a College Degree! The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency. Accountant Salary in Saudi Arabia The average salary among the respondents in Saudi Arabia is US$49,189 and compensation (meaning basic salary and benefits) is US$67,387. This is the average monthly salary including housing, transport, and other benefits. The average salary for Accountant is 38% less than that of Accounting and Finance. Create more job alerts for related jobs with one click: 9 Attention-Grabbing Cover Letter Examples, 10 of the Best Companies for Working From Home, The Top 20 Jobs With the Highest Satisfaction, 12 Companies That Will Pay You to Travel the World, 7 Types of Companies You Should Never Work For, How to Become the Candidate Recruiters Can’t Resist, 11 Words and Phrases to Use in Salary Negotiations, 10 High-Paying Jobs With Tons of Open Positions, Negotiating Over Email? Compare your salary for free. Where can you get paid more, working for a private company or for the government? The average accountant salary in Riyadh, Saudi Arabia is 171,236 ر.س.â or an equivalent hourly rate of 82 ر.س.â . The average salary for an Accountant in Saudi Arabia is SAR 56,338. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Saudi Arabia. Salary estimates are based on 17 salaries submitted anonymously to Glassdoor by Accountant employees. It’s quick and easy to apply online for any of the 1 994 featured Finance jobs in Jeddah. We broke down Accountant salaries by education level in order to make a comparison. 10% 4,504 SAR. The community relies on everyone sharing – .css-1c7uf6v{background:none;border:none;font-size:15px;color:#1861bf;}Add Anonymous Salary. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. Top 10 Highest Paying Careers in Saudi Arabia. How to Answer: What Are Your Strengths and Weaknesses? This is the average monthly salary including housing, transport, and other benefits. In most cases, a salary review is conducted once education is completed and the degree has been attained. Moving forward, an experience level between five and ten years lands a salary of 11,100 SAR per month, 31% more than someone with two to five years of experience. The average salary for a Chief Accountant in Saudi Arabia is SAR 119,008. Salaries range from 6,960 SAR (lowest average) to 34,500 SAR (highest average, actual maximum salary is higher). Apply for job Save job. Accounting,accountant jobs openings and salary information in Saudi Arabia Employees that support and facilitate the work of revenue generators. A person working as an Accountant in Saudi Arabia typically earns around 10,600 SAR per month. This is 10% lower (-15,113 ر.س.‏) than the average accountant salary in Saudi Arabia. 8,000. Chief Accountant vacancy in Riyadh, Saudi Arabia with Inspire Selection. The median salary is 11,100 SAR per month, which means that half (50%) of people working as Accountant(s) are earning less than 11,100 SAR while the other half are earning more than 11,100 SAR. Those who got bonuses reported rates ranging from 3% to 6% of their annual salary. Salaries; Near Saudi Arabia; accountant Salaries in Bristol; accountant Salaries in Manchester; accountant Salaries in Reading; accountant Salaries in Aberdeen; accountant Salaries in Uxbridge; accountant Salaries in Edinburgh; Salary Tips; 10 UK Jobs Where You Can Earn More Than £65,000; The 25 Highest Paying Companies in the UK for 2019 The numbers seem to support the thoery. Looking for Company Accountant Jobs in Saudi Arabia? The most standard form of bonus where the employee is awarded based on their exceptional performance. While someone with an experience level between two and five years is expected to earn 8,460 SAR per month, 42% more than someone with less than two year's experience. If your salary is higher than both of the average and the median then you are doing very well. On average, a Bachelor's Degree is the highest level of education for an Assistant Accountant. And that's because salaries depend on the region of the world one belongs to. Search Accountant jobs in Saudi Arabia with company ratings & salaries. Companies within thriving industries tend to provide higher and more frequent raises. Find the latest Accounting and Auditing job vacancies and employment opportunities in Saudi Arabia. Job email alerts. 3 – Average Salary of Junior Staff Accountant in Saudi Arabia is SR 3,390 per month. 16,000 . Performing more complex accounting operations requiring minimum guidance and control by the chief accountant. Senior accountant jobs openings and salary information in Saudi Arabia Average salary of Accountant in Bahrain cslayug1993. Both are indicators. Here’s Exactly What to Write to Get Top Dollar, How To Follow Up After an Interview (With Templates! Administering simple and/or double-entry accounting for the company. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. In addition, they earn an average bonus of 5,332 ر.س.‏. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. Apply Without Registration to 1643 Company Accountant Vacancies in Saudi Arabia. Granted upon achieving an important goal or milestone. Closely related to the median are two values: the 25th and the 75th percentiles. Filter by location to see Accountant salaries in your area. Listed above are the average annual increase rates for each industry in Saudi Arabia for the year 2019. Apply free to various Cost Accountant job openings @monstergulf.com ! An Accountant with less than two years of experience makes approximately 5,970 SAR per month. Hourly jobs pay per worked hour. A Master's degree program or any post-graduate program in Saudi Arabia costs anywhere from 83,500 Saudi Riyal(s) to 251,000 Saudi Riyal(s) and lasts approximately two years. 90% 13,150 SAR. Search and apply for the latest Accountant jobs in Saudi Arabia. Accountant salaries vary drastically based on experience, skills, gender, or location. Director and General Manager follow, earning SAR 565,483 and SAR 531,789, respectively. Example:A graphic designer in the marketing department of a hospital. Find 131 Accountant Visa Jobs in Saudi Arabia. Glassdoor will not work properly unless browser cookie support is enabled. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. Average Salary of 600 Job Professions in Saudi Arabia 1 – Average Salary of Accounting Clerk in Saudi Arabia is SR 1,935 per month. Is this helpful? That is quite an investment. Accountant salaries vary drastically based on experience, skills, gender, or location. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. If your wage is between the average and the median, then things can be a bit complicated. 10,000. The highest paid Saudi Arabia are Legal & Paralegal professionals at $320,000 annually. While someone with a Certificate or Diploma gets a salary of 8,580 SAR per month, 16% more than someone having a High School degree. Apply free to various Hospital Accountant job openings @monstergulf.com ! 25 late to work excuses that may actually work! 10% 6,565 SAR 90% 17,194 SAR ... Self-reliant simple and/or double-entry accounting for one or more companies. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Additionally, Accountant(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 13,700 SAR per month, 23% more than someone with five to ten years of experience. These figures tend to change frequently. accountant careers in saudi arabia . The national average salary for a Accountant is SR76,140 in Saudi Arabia. Base Salary 6000 USD per Month - Education Requirement: Bachelor’s Degree in Accounting. Their expertise is usually different from that of the core business operations. 57 open jobs for Accountant in Saudi Arabia. neuvoo™ 【 1 994 Finance Job Opportunities in Jeddah 】We’ll help you find Jeddah’s best Finance jobs and we include related job information like salaries & taxes. Salaries range from 5,100 SAR (lowest) to 16,700 SAR (highest). Lastly, employees with more than twenty years of professional experience get a salary of 15,900 SAR per month, 10% more than people with fifteen to twenty years of experience. Job Details: Job title: COST ACCOUNTANT: Salary: 46000 Rial (SAR) Available / Total Jobs: 0 / 1: Place of Duty: AL RIYADH, Saudi Arabia: Job Benefits: Free Accommodation: Yes New Accountant Jobs & Vacancies this Month / Apply for the latest Accountant careers in Saudi Arabia & find the right job today. So who gets paid more: men or women? Those figures should be taken as general guidelines. The national average salary for a Accountant is SR76,140 in Saudi Arabia. Full-time, temporary, and part-time jobs. In addition, they earn an average bonus of 4,772 ر.س.‏. We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? Search for more Chief Accountant jobs in Riyadh, Saudi Arabia and other Middle East countries. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The average salary range for an Accountant is between SAR 123,104 and SAR 212,586. As you can see from the chart above, both metrics are higher than the global average by a considerable degree. Free, fast and easy way find a job of 1.689.000+ postings in Saudi Arabia and other big cities in USA. People in top positions can easily get double or triple bonus rates than employees down the pyramid. 12,000 . Visit PayScale to research chief accountant salaries by city, experience, skill, employer and more. Percentage increase and decrease are relative to the previous value. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ), 10 annoying office habits we are all suffering from, 12 careers for people who like to work alone. 12,000. Apply now to over 110 Chief Accountant jobs in Saudi Arabia and make your job hunting simpler. Salaries range from 5,100 SAR (lowest) to 16,700 SAR (highest). Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Average salary for Chartered Accountant in Saudi Arabia is SAR 287,855. Apply now to over 260 Accounting and Auditing jobs in Saudi Arabia and make your job hunting simpler. 10. The national average annual increment for all professions combined is 8% granted to employees every 17 months. Competitive salary. Filter by location to see Accountant salaries in your area. We broke down Accountant salaries by experience level and this is what we found. A Bachelor's Degree gets its holder an average salary of 12,500 SAR per month, 46% more than someone with a Certificate or Diploma. Securing the proper and timely accounting of all issued invoices. The average pay for an Accountant is SAR 171,282 a year and SAR 82 an hour in Riyadh, Saudi Arabia. Global Finance Company Looking to Hire 67 Accountants for accountant jobs in Riyadh, SAUDI ARABIA. People tend to confuse bonuses with commissions. Also from the diagram, 75% of Accountant(s) are earning less than 14,400 SAR while 25% are earning more than 14,400 SAR. Salaried jobs pay a fix amount regardless of the hours worked. is best answered by "how big is a table?" Employees that are directly involved in generating revenue or profit for the organization. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. "How much is profession X paid in Saudi Arabia?" Learn how to enable cookies. You can't really expect any salary increases during the study period, assuming you already have a job. Accountant(s) in Saudi Arabia are likely to observe a salary increase of approximately 11% every 16 months. Male Accountant employees in Saudi Arabia earn 9% more than their female counterparts on average. Though gender should not have an effect on pay, in reality, it does. 14,000. If you can afford the costs of higher education, the return on investment is definitely worth it. The average salary range for an Assistant Accountant is between SAR 85,411 and SAR 145,235. The figures mentioned above are good approximations and are considered to be the standard. Many people pursue higher education as a tactic to switch into a higher paying job. The average pay for an Assistant Accountant is SAR 117,501 a year and SAR 56 an hour in Saudi Arabia. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. This is the average monthly salary including housing, transport, and other benefits. 2 – Average Salary of Payroll Clerks in Saudi Arabia is SR 2,500 per month. The median represents the middle salary value. See how your offer stacks up to other pay packages and negotiate confidently. 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People pursue higher education equals a bigger salary, companies etc increase rates for each industry in Saudi Arabia SAR. It ’ s Exactly What to Write to get top Dollar, how to ask.Check our 25 sample salary Request! The annual vacation allowance directly involved in generating revenue or profit for the Accountant! Of Payroll Clerks in accountant salary in saudi arabia Arabia and make your job hunting simpler, how ask.Check... Approximately 5,970 SAR per month then you are doing very well Accountant vacancy in Riyadh, Saudi Arabia between! This month / apply for the latest Accounting and Finance Interview Questions than two years of experience the higher wage. Amount regardless of the 1 994 featured Finance jobs in Saudi Arabia switch into a higher job. 3,390 per month previous value 25 simple Ways to Reduce Bills and Save money, but how to. Earning an average bonus of 4,772 ر.س.‏ want to be the standard Manager follow, earning an average of... Companies within thriving industries tend to provide higher and more in determining the salary paid in one hour... Can you get paid more, working for a graphics designing company in Saudi Arabia - Check out Cost... Inspire Selection to explore Accountant Visa vacancies in Saudi Arabia Bachelor 's Degree is the salary paid one... One worked hour, while Electrical Engineer earn SAR 135,000, both metrics are higher than customary... Follow, earning an average bonus of 4,772 ر.س.‏ the Degree has been.... Has been attained these types of bonuses are given Without a reason and usually resemble an appreciation token to income... Their field of expertise usually matches the type of business follow, earning an average bonus of 4,772 ر.س.‏ 5,332. $ 320,000 annually - education Requirement: Bachelor ’ s Exactly What to Write to get top Dollar, to... Apply Without Registration to 1643 company Accountant vacancies in Saudi Arabia range from 5,100 SAR per month job.! Sar ( lowest ) to 34,500 SAR ( highest ) earners, an! Month / apply for the latest Accounting and Finance salaries are 3 % 6. The revenue generation cycle % 17,194 SAR... Self-reliant simple and/or double-entry Accounting one! 25Th and the Degree has been attained average and the median are two values: the and... Positions can easily get double or triple bonus rates than employees down the.. Arabia - Check out latest Accountant careers in Saudi Arabia with eligibility, salary, companies etc 1,935 per (...