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Accounting and Finance Average Salaries in Malaysia 2019

How much money does a person working in Accounting and Finance make in Malaysia?

7,621 MYR per month
Average Monthly Salary
A person working in Accounting and Finance in Malaysia typically earns around 7,621 MYR per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different Accounting and Finance jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Account Examiner4,889 MYR
Account Executive7,208 MYR
Accountant5,282 MYR
Accounting Assistant5,240 MYR
Accounting Associate5,495 MYR
Accounting Clerk3,942 MYR
Accounting Coordinator4,391 MYR
Accounting Manager10,167 MYR
Accounting Supervisor7,336 MYR
Accounting Technician4,986 MYR
Accounts Executive6,585 MYR
Accounts Payable and Receivable Specialist5,913 MYR
Accounts Payable Clerk4,092 MYR
Accounts Payable Manager8,529 MYR
Accounts Receivable Clerk4,217 MYR
Accounts Receivable Manager8,694 MYR
Assistant Accounting Manager6,786 MYR
Assistant Auditor5,772 MYR
Audit Supervisor9,856 MYR
Auditing Clerk4,975 MYR
Auditing Manager10,543 MYR
Billing Coordinator6,101 MYR
Billing Specialist5,881 MYR
Billing Supervisor7,208 MYR
Bookkeeper4,108 MYR
Bookkeeping Specialist5,699 MYR
Budget Analyst6,551 MYR
Budget Manager8,917 MYR
Business Support Analyst7,043 MYR
Capital Markets Associate8,283 MYR
Cash Flow Analyst7,747 MYR
Cash Management Officer7,707 MYR
Cashbook Clerk5,089 MYR
Chartered Accountant6,613 MYR
Collections Clerk4,092 MYR
Collections Specialist5,342 MYR
Corporate Treasurer14,110 MYR
Cost Accountant6,101 MYR
Cost Accounting Manager7,978 MYR
Cost Analyst7,747 MYR
Credit and Collection Manager8,636 MYR
Credit and Collection Staff4,313 MYR
Credit and Loans Officer4,491 MYR
Credit Controller7,809 MYR
Debt Adviser9,974 MYR
Debt Collector6,545 MYR
Debtors Clerk5,845 MYR
Deputy CFO13,771 MYR
Derivative Trader10,858 MYR
Escrow Assistant6,133 MYR
External Auditor8,003 MYR
Finance Associate5,786 MYR
Finance Executive12,844 MYR
Finance Licensing Clerk4,990 MYR
Finance Licensing Manager8,221 MYR
Finance Licensing Specialist6,038 MYR
Finance Officer9,248 MYR
Finance President16,440 MYR
Finance Relationship Manager10,651 MYR
Finance Release Analyst7,239 MYR
Finance Team Leader 8,482 MYR
Financial Actuary7,571 MYR
Financial Administrator6,585 MYR
Financial Analyst8,529 MYR
Financial Applications Specialist5,442 MYR
Financial Assistant4,599 MYR
Financial Associate5,597 MYR
Financial Claims Analyst7,410 MYR
Financial Claims Manager8,650 MYR
Financial Commercial Analyst6,749 MYR
Financial Compliance Analyst7,603 MYR
Financial Consultant7,188 MYR
Financial Controller7,262 MYR
Financial Coordinator6,585 MYR
Financial Customer Service Manager9,105 MYR
Financial Dealer and Broker7,086 MYR
Financial Encoder4,402 MYR
Financial Manager15,206 MYR
Financial Manager15,176 MYR
Financial Operations Manager11,151 MYR
Financial Policy Analyst7,961 MYR
Financial Project Manager7,133 MYR
Financial Quantitative Analyst8,510 MYR
Financial Reporting Consultant7,630 MYR
Financial Reporting Manager9,675 MYR
Financial Services Sales Agent6,758 MYR
Fixed Assets Administrator6,260 MYR
Forensic Accountant6,004 MYR
Fraud Detection Supervisor7,312 MYR
Fraud Prevention Manager11,500 MYR
Fund Accountant5,501 MYR
Grants Coordinator5,190 MYR
Internal Auditor8,345 MYR
Internal Control Adviser8,201 MYR
Internal Control Officer7,123 MYR
Inventory Accountant12,845 MYR
Investment Analyst10,280 MYR
Investment Fund Manager10,572 MYR
Investment Underwriter4,885 MYR
Investor7,558 MYR
Investor Relations Manager9,386 MYR
KYC Team Leader9,574 MYR
Management Economist8,354 MYR
Paymaster5,869 MYR
Payroll Clerk4,783 MYR
Payroll Manager7,588 MYR
Pensions Administrator5,820 MYR
Pricing Analyst8,252 MYR
Private Equity Analyst9,042 MYR
Proposal Development Coordinator5,725 MYR
Receivables Accountant5,289 MYR
Regulatory Accountant6,371 MYR
Retirement Plan Analyst8,003 MYR
Revenue Management Specialist6,921 MYR
Revenue Recognition Analyst10,481 MYR
Risk Management Director12,474 MYR
Risk Management Supervisor9,865 MYR
Tax Accountant5,407 MYR
Tax Advisor7,475 MYR
Tax Associate5,966 MYR
Tax Manager11,021 MYR
Teller3,664 MYR
Treasury Accountant6,007 MYR
Treasury Analyst8,299 MYR
Underwriter4,412 MYR
Underwriting Assistant4,163 MYR
Vice President of Finance11,264 MYR

Accounting and Finance Jobs Salary Distribution in Malaysia

Median and salary distribution monthly Malaysia Accounting and Finance

Abount These Figures: Salary Range, Median and Percentiles

The Accounting and Finance salaries in Malaysia range between 3,486 MYR per month (minimum salary) to 16,171 MYR per month (maximum salary).

The median salary is 7,774 MYR per month, which means that half (50%) of people working in Accounting and Finance are earning less than 7,774 MYR while the other half are earning more than 7,774 MYR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Accounting and Finance are earning less than 5,067 MYR while 75% of them are earning more than 5,067 MYR. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 12,451 MYR while 25% are earning more than 12,451 MYR.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Accounting and Finance Salary Forecast and Trend in Malaysia

How do Accounting and Finance salaries change over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Malaysia Accounting and Finance
Average Salary 2016    =  
6,954 MYR
Average Salary 2017    +4%  
7,211 MYR
Average Salary 2018    +3%  
7,435 MYR
Average Salary 2019    +3%  
7,621 MYR
Percentage increase and decrease are relative to the previous value
Accounting and Finance salaries in Malaysia are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Accounting and Finance Hourly Average Wage in Malaysia

44 MYR per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Malaysia for Accounting and Finance is 44 MYR. This means that the average person in Malaysia earns approximatly 44 MYR for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix 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 annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Accounting and Finance VS Other Jobs

Salary Comparison Between Accounting and Finance and Accounting and Finance monthly MalaysiaWe compared Malaysia salaries for Accounting and Finance and All Jobs and we found that Accounting and Finance salaries are 3% less than those of All Jobs.

Salary Comparison By City

CityAverage Salary
Ampang6,933 MYR
Ipoh8,147 MYR
Johor Bahru7,678 MYR
Klang7,069 MYR
Kota Kinabalu7,567 MYR
Kuala Lumpur8,255 MYR
Kuching7,400 MYR
Petaling Jaya8,029 MYR
Shah Alam7,861 MYR
Subang Jaya7,212 MYR
6299 - 294
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