How much money does a person working in Accounting and Finance make in Bangladesh?
Average Monthly Salary
27,000 BDT
( 324,000 BDT yearly)
LOW
10,800
BDT
AVERAGE
27,000
BDT
HIGH
53,800
BDT
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
A person working in Accounting and Finance in Bangladesh typically earns around 27,000 BDT. Salaries range from 10,800 BDT (lowest average) to 53,800 BDT (highest average, actual maximum salary is higher).
Salary Variance
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Accounting and Finance domain in Bangladesh exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries for specific jobs
Accounting and Finance | |
Account Examiner | 14,400 BDT |
Account Executive | 22,900 BDT |
Accountant | 18,700 BDT |
Accounting Analyst | 22,600 BDT |
|
Accounting Assistant | 14,900 BDT |
Accounting Associate | 13,800 BDT |
Accounting Clerk | 11,400 BDT |
Accounting Coordinator | 17,200 BDT |
Accounting Head | 36,300 BDT |
Accounting Manager | 38,700 BDT |
Accounting Officer | 13,900 BDT |
Accounting Specialist | 25,900 BDT |
Accounting Supervisor | 24,800 BDT |
Accounting Technician | 12,900 BDT |
Accounting Unit Controller | 31,400 BDT |
Accounts Executive | 24,200 BDT |
Accounts Officer | 15,200 BDT |
Accounts Payable and Receivable Specialist | 19,400 BDT |
Accounts Payable Assistant | 14,700 BDT |
Accounts Payable Associate | 17,800 BDT |
Accounts Payable Clerk | 13,800 BDT |
Accounts Payable Manager | 37,300 BDT |
Accounts Receivable Administrator | 26,800 BDT |
Accounts Receivable Clerk | 14,300 BDT |
Accounts Receivable Financial Analyst | 26,500 BDT |
Accounts Receivable Manager | 38,100 BDT |
Accounts Receivable Team Leader | 28,200 BDT |
Algorithmic Trading Specialist | 33,500 BDT |
Assistant Accountant | 14,500 BDT |
Assistant Accounting Manager | 35,400 BDT |
Assistant Auditor | 18,700 BDT |
Assistant Corporate Controller | 25,400 BDT |
Assistant Finance Manager | 37,800 BDT |
Assistant Financial Controller | 24,900 BDT |
Audit Director | 43,700 BDT |
Audit Supervisor | 35,400 BDT |
Auditing Clerk | 15,200 BDT |
Auditing Manager | 39,300 BDT |
Billing Clerk | 14,000 BDT |
Billing Coordinator | 17,000 BDT |
Billing Specialist | 20,300 BDT |
Billing Supervisor | 27,500 BDT |
Bookkeeper | 12,100 BDT |
Bookkeeping Specialist | 17,600 BDT |
Budget Analyst | 32,100 BDT |
Budget Manager | 39,200 BDT |
Business Support Analyst | 21,100 BDT |
Capital Markets Associate | 27,400 BDT |
Cash Flow Analyst | 29,200 BDT |
Cash Management Manager | 38,900 BDT |
Cash Management Officer | 20,800 BDT |
Cashbook Clerk | 12,800 BDT |
Chartered Accountant | 23,600 BDT |
Chief Accountant | 28,100 BDT |
Chief Financial Technology Officer | 38,000 BDT |
Collections Clerk | 11,700 BDT |
Collections Representative | 15,700 BDT |
Collections Specialist | 18,700 BDT |
Corporate Controller | 29,400 BDT |
Corporate Treasurer | 35,000 BDT |
Cost Accountant | 18,400 BDT |
Cost Accounting Manager | 37,000 BDT |
Cost Accounting Supervisor | 31,600 BDT |
Cost Analyst | 30,200 BDT |
Credit and Collection Manager | 38,000 BDT |
Credit and Collection Staff | 14,700 BDT |
Credit and Loans Officer | 14,000 BDT |
Credit Controller | 25,600 BDT |
Credit Manager | 40,900 BDT |
Debt Adviser | 29,900 BDT |
Debt Collector | 14,800 BDT |
Debtors Clerk | 13,200 BDT |
Debtors Controller | 13,900 BDT |
Deputy CFO | 54,000 BDT |
Deputy Head of Finance | 50,700 BDT |
Derivative Trader | 30,900 BDT |
Director of Finance | 55,800 BDT |
E-commerce Accountant | 19,200 BDT |
Economist | 46,100 BDT |
Equity Analyst | 34,700 BDT |
Escrow Assistant | 16,200 BDT |
Executive Accountant | 20,900 BDT |
External Auditor | 26,900 BDT |
Finance Administrator | 21,100 BDT |
Finance Analyst | 34,700 BDT |
Finance Associate | 16,000 BDT |
Finance Data Analyst | 31,100 BDT |
Finance Director | 55,300 BDT |
Finance Executive | 40,800 BDT |
Finance Licensing Clerk | 13,700 BDT |
Finance Licensing Manager | 36,900 BDT |
Finance Licensing Specialist | 21,300 BDT |
Finance Manager | 53,400 BDT |
Finance Officer | 18,400 BDT |
Finance President | 53,600 BDT |
Finance Relationship Manager | 43,900 BDT |
Finance Release Analyst | 21,000 BDT |
Finance Specialist | 32,100 BDT |
Finance Team Leader | 43,100 BDT |
Financial Accountant | 18,700 BDT |
Financial Actuary | 28,900 BDT |
Financial Administrator | 32,100 BDT |
Financial Advisor | 35,800 BDT |
Financial Analyst | 33,500 BDT |
Financial Applications Specialist | 23,900 BDT |
Financial Assistant | 15,700 BDT |
Financial Associate | 15,100 BDT |
Financial Associate | 17,400 BDT |
Financial Claims Analyst | 25,400 BDT |
Financial Claims Manager | 34,200 BDT |
Financial Claims Supervisor | 32,300 BDT |
Financial Clerk | 14,300 BDT |
Financial Commercial Analyst | 27,600 BDT |
Financial Compliance Analyst | 31,300 BDT |
Financial Compliance Officer | 31,000 BDT |
Financial Consultant | 24,700 BDT |
Financial Controller | 31,400 BDT |
Financial Controller | 31,000 BDT |
Financial Coordinator | 16,700 BDT |
Financial Customer Service Manager | 33,100 BDT |
Financial Data Scientist | 33,500 BDT |
Financial Dealer and Broker | 19,700 BDT |
Financial Director | 56,200 BDT |
Financial Encoder | 15,900 BDT |
Financial Manager | 50,200 BDT |
Financial Manager | 51,500 BDT |
Financial Modelling Analyst | 33,000 BDT |
Financial Operations Manager | 46,800 BDT |
Financial Policy Analyst | 30,100 BDT |
Financial Project Manager | 38,400 BDT |
Financial Quantitative Analyst | 32,900 BDT |
Financial Reporting Consultant | 25,900 BDT |
Financial Reporting Manager | 37,200 BDT |
Financial Section Head | 36,100 BDT |
Financial Services Manager | 47,700 BDT |
Financial Services Sales Agent | 19,800 BDT |
Financial Technology Consultant | 29,400 BDT |
Financial Wellness Coach | 39,100 BDT |
FinTech Analyst | 33,400 BDT |
Fixed Assets Administrator | 19,100 BDT |
Forensic Accountant | 22,200 BDT |
Fraud Detection Supervisor | 22,700 BDT |
Fraud Prevention Manager | 38,300 BDT |
Fund Accountant | 18,300 BDT |
Grants Coordinator | 14,300 BDT |
Green Finance Analyst | 30,000 BDT |
Group Financial Manager | 56,400 BDT |
Internal Auditor | 26,200 BDT |
Internal Control Adviser | 29,000 BDT |
Internal Control Officer | 16,400 BDT |
International Tax Director | 44,200 BDT |
Inventory Accountant | 20,100 BDT |
Investment Advisor | 52,100 BDT |
Investment Analyst | 35,400 BDT |
Investment Associate | 31,700 BDT |
Investment Broker | 30,700 BDT |
Investment Fund Manager | 42,800 BDT |
Investment Operations Manager | 41,500 BDT |
Investment Underwriter | 16,600 BDT |
Investor | 25,200 BDT |
Investor Relations Manager | 36,100 BDT |
KYC Team Leader | 37,600 BDT |
Loan Processor | 15,400 BDT |
Management Accountant | 21,300 BDT |
Management Economist | 41,800 BDT |
Paymaster | 15,400 BDT |
Payroll Administrator | 23,800 BDT |
Payroll Benefits Coordinator | 20,100 BDT |
Payroll Billing Manager | 33,900 BDT |
Payroll Clerk | 16,000 BDT |
Payroll Manager | 34,300 BDT |
Payroll Officer | 16,500 BDT |
Payroll Specialist | 20,000 BDT |
Payroll Supervisor | 24,300 BDT |
Pensions Administrator | 19,000 BDT |
Personal Financial Advisor | 28,700 BDT |
Pricing Analyst | 31,100 BDT |
Private Equity Analyst | 34,200 BDT |
Project Accountant | 20,600 BDT |
Proposal Development Coordinator | 16,000 BDT |
Quantitative Trader | 27,600 BDT |
Receivables Accountant | 17,500 BDT |
Regulatory Accountant | 20,300 BDT |
Retirement Plan Analyst | 29,400 BDT |
Revenue Management Specialist | 31,100 BDT |
Revenue Recognition Analyst | 36,300 BDT |
Risk Management Director | 44,600 BDT |
Risk Management Supervisor | 37,300 BDT |
Staff Accountant | 18,000 BDT |
Tax Accountant | 17,000 BDT |
Tax Administrator | 19,700 BDT |
Tax Advisor | 28,300 BDT |
Tax Analyst | 28,800 BDT |
Tax Associate | 15,600 BDT |
Tax Consultant | 30,500 BDT |
Tax Director | 45,200 BDT |
Tax Examiner | 19,600 BDT |
Tax Manager | 39,200 BDT |
Tax Research Manager | 39,900 BDT |
Teller | 10,700 BDT |
Treasury Accountant | 19,700 BDT |
Treasury Analyst | 32,400 BDT |
Underwriter | 13,100 BDT |
Underwriting Assistant | 12,500 BDT |
Vice President of Finance | 50,600 BDT |
Accounting and Finance Jobs Pay Scale and Salaries in Bangladesh
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/accounting-and-finance/median-and-salary-distribution-monthly-bangladesh-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
29,200 BDT or more
10% of people earn
24,700 to 29,200 BDT
20% of people earn
14,900 BDT or less
65% of people earn
14,900 to 24,700 BDT
Minimum Salary 10,800 BDT |
Median 25,600 BDT |
Maximum 53,800 BDT |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
All salary figures displayed here are per month except when noted otherwise.
Salary Range, Minimum Wage, and Starting Salary
Salaries in Accounting and Finance in Bangladesh range from 10,800 BDT (starting average salary) to 53,800 BDT (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
Median Salary
The median income in the field of Accounting and Finance is 25,600 BDT, implying that half of the workforce in Bangladesh earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Percentiles and Salary Scale
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Accounting and Finance in Bangladesh earn less than 20,000 BDT, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 30,900 BDT, while 25% earn more than that.
Pay Scale Structure
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Accounting and Finance in Bangladesh. The analysis revealed that roughly 65% of all reported salaries fell within the range of 14,900 BDT to 24,700 BDT. Approximately 20% of salaries were below the 14,900 BDT mark, while 10% ranged from 24,700 BDT to 29,200 BDT. Only 5% of individuals earned a gross salary of 29,200 BDT or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.
Generally speaking, employees in Accounting and Finance in Bangladesh having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
“ On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
Salary Comparison By Education
How does the education level affect your salary?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?
We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Accounting and Finance in Bangladesh, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Bangladesh costs anywhere from 131,000 BDT to 392,000 BDT and lasts approximately two years. That is quite an investment.
Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.
Salary and Compensation Comparison By Gender / Accounting and Finance / Bangladesh
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/accounting-and-finance/salary-comparison-by-gender-monthly-bangladesh-accounting-and-finance.jpg Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Accounting and Finance in Bangladesh, the average difference between the salary of male and female employees is 21%.
Male | | 29,600 BDT |
Female | -18% | 24,400 BDT |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Bangladesh for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/salary-comparison-by-gender-monthly-bangladesh.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Bangladesh
How much are annual salary increments in Bangladesh for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in Bangladesh are likely to observe a salary increase of approximately 7% every 26 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/accounting-and-finance/annual-salary-increment-rate-bangladesh-accounting-and-finance.jpg The figures provided here are averages of numbers. Those figures should be taken as general guidelines. 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.
Bangladesh / All Professions
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/annual-salary-increment-rate-bangladesh.jpg The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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.
How to calculate the salary increment percentage?
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
“The average salary increase in one year (12 months) in Bangladesh is 2%.”
Worldwide Salary Raises: All Countries and All Jobs
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Accounting and Finance / Bangladesh
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/accounting-and-finance/annual-salary-bonus-rate-bangladesh-accounting-and-finance.jpg
36% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 64% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
Received Bonus | | 64% |
No Bonus | | 36% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. 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.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs |
Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: A graphics designer working for a graphics designing company. | Example: A graphic designer in the marketing department of a hospital. |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
“Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.”
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Hourly Average Wage / Accounting and Finance / Bangladesh
160 BDT
per hour The average hourly wage (pay per hour) in Accounting and Finance in Bangladesh is 160 BDT.This is the rate they get paid for every worked hour.
Hourly Wage = Annual Salary / ( 52 x 5 x 8 )
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. 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 hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working in Accounting and Finance in Bangladesh is 63 BDT. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary Comparison By City
Barisal | 26,900 BDT |
Bogra | 28,300 BDT |
Chandpur | 24,800 BDT |
Chittagong | 29,700 BDT |
Coxs Bazar | 25,900 BDT |
Dhaka | 30,200 BDT |
Jamalpur | 25,400 BDT |
Jessore | 26,600 BDT |
Khulna | 28,800 BDT |
Rajshahi | 29,400 BDT |
St. Martin | 24,300 BDT |
Sylhet | 27,700 BDT |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Bangladesh is 25% on average across all career fields.
Private Sector | | 23,200 BDT |
Public Sector | +25% | 29,000 BDT |
Percentage increase and decrease are relative to the previous value
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary in Accounting and Finance in Bangladesh?
A good and competitive compensation would range anywhere between 25,600 BDT and 30,900 BDT. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for jobs in Accounting and Finance in Bangladesh ranges from 10,800 BDT to 20,000 BDT. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary