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Accounting and Finance Average Salaries in Morocco 2019

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

23,343 MAD per month
Average Monthly Salary
A person working in Accounting and Finance in Morocco typically earns around 23,343 MAD 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 Examiner14,910 MAD
Account Executive23,353 MAD
Accountant15,404 MAD
Accounting Assistant15,544 MAD
Accounting Associate16,819 MAD
Accounting Clerk11,881 MAD
Accounting Coordinator13,391 MAD
Accounting Manager31,140 MAD
Accounting Supervisor23,181 MAD
Accounting Technician14,093 MAD
Accounts Executive19,763 MAD
Accounts Payable and Receivable Specialist18,196 MAD
Accounts Payable Clerk12,722 MAD
Accounts Payable Manager24,419 MAD
Accounts Receivable Clerk13,548 MAD
Accounts Receivable Manager25,678 MAD
Assistant Accounting Manager19,885 MAD
Assistant Auditor17,886 MAD
Audit Supervisor31,578 MAD
Auditing Clerk15,941 MAD
Auditing Manager32,559 MAD
Billing Coordinator19,937 MAD
Billing Specialist17,576 MAD
Billing Supervisor23,353 MAD
Bookkeeper12,231 MAD
Bookkeeping Specialist16,109 MAD
Budget Analyst19,820 MAD
Budget Manager27,440 MAD
Business Support Analyst21,825 MAD
Capital Markets Associate24,765 MAD
Cash Flow Analyst24,203 MAD
Cash Management Officer22,511 MAD
Cashbook Clerk14,979 MAD
Chartered Accountant19,601 MAD
Collections Clerk11,990 MAD
Collections Specialist15,530 MAD
Corporate Treasurer41,021 MAD
Cost Accountant19,162 MAD
Cost Accounting Manager26,068 MAD
Cost Analyst23,251 MAD
Credit and Collection Manager26,574 MAD
Credit and Collection Staff13,855 MAD
Credit and Loans Officer13,694 MAD
Credit Controller23,715 MAD
Debt Adviser29,941 MAD
Debt Collector19,970 MAD
Debtors Clerk16,647 MAD
Deputy CFO39,530 MAD
Derivative Trader34,308 MAD
Escrow Assistant19,322 MAD
External Auditor25,084 MAD
Finance Associate17,654 MAD
Finance Executive40,256 MAD
Finance Licensing Clerk14,621 MAD
Finance Licensing Manager24,489 MAD
Finance Licensing Specialist18,271 MAD
Finance Officer27,549 MAD
Finance President48,022 MAD
Finance Relationship Manager31,969 MAD
Finance Release Analyst21,551 MAD
Finance Team Leader 25,866 MAD
Financial Actuary23,381 MAD
Financial Administrator20,573 MAD
Financial Analyst25,902 MAD
Financial Applications Specialist15,500 MAD
Financial Assistant14,735 MAD
Financial Associate17,780 MAD
Financial Claims Analyst22,332 MAD
Financial Claims Manager26,473 MAD
Financial Commercial Analyst19,683 MAD
Financial Compliance Analyst24,360 MAD
Financial Consultant21,305 MAD
Financial Controller21,350 MAD
Financial Coordinator20,168 MAD
Financial Customer Service Manager28,685 MAD
Financial Dealer and Broker21,185 MAD
Financial Encoder13,641 MAD
Financial Manager45,826 MAD
Financial Manager46,307 MAD
Financial Operations Manager33,198 MAD
Financial Policy Analyst23,616 MAD
Financial Project Manager23,308 MAD
Financial Quantitative Analyst24,817 MAD
Financial Reporting Consultant24,108 MAD
Financial Reporting Manager28,700 MAD
Financial Services Sales Agent20,367 MAD
Fixed Assets Administrator18,636 MAD
Forensic Accountant18,019 MAD
Fraud Detection Supervisor21,154 MAD
Fraud Prevention Manager33,850 MAD
Fund Accountant16,440 MAD
Grants Coordinator15,885 MAD
Internal Auditor24,074 MAD
Internal Control Adviser23,727 MAD
Internal Control Officer20,967 MAD
Inventory Accountant38,264 MAD
Investment Analyst31,708 MAD
Investment Fund Manager33,136 MAD
Investment Underwriter14,093 MAD
Investor22,422 MAD
Investor Relations Manager28,286 MAD
KYC Team Leader28,402 MAD
Management Economist25,177 MAD
Paymaster17,115 MAD
Payroll Clerk13,520 MAD
Payroll Manager24,108 MAD
Pensions Administrator17,539 MAD
Pricing Analyst26,216 MAD
Private Equity Analyst26,936 MAD
Proposal Development Coordinator17,254 MAD
Receivables Accountant15,499 MAD
Regulatory Accountant19,349 MAD
Retirement Plan Analyst23,154 MAD
Revenue Management Specialist20,371 MAD
Revenue Recognition Analyst29,400 MAD
Risk Management Director38,785 MAD
Risk Management Supervisor28,242 MAD
Tax Accountant17,516 MAD
Tax Advisor22,157 MAD
Tax Associate17,763 MAD
Tax Manager35,406 MAD
Teller10,998 MAD
Treasury Accountant18,103 MAD
Treasury Analyst24,512 MAD
Underwriter14,416 MAD
Underwriting Assistant12,495 MAD
Vice President of Finance32,587 MAD

Accounting and Finance Jobs Salary Distribution in Morocco

Median and salary distribution monthly Morocco Accounting and Finance

Abount These Figures: Salary Range, Median and Percentiles

The Accounting and Finance salaries in Morocco range between 10,677 MAD per month (minimum salary) to 49,529 MAD per month (maximum salary).

The median salary is 24,043 MAD per month, which means that half (50%) of people working in Accounting and Finance are earning less than 24,043 MAD while the other half are earning more than 24,043 MAD. 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 15,624 MAD while 75% of them are earning more than 15,624 MAD. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 38,993 MAD while 25% are earning more than 38,993 MAD.

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 Morocco

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 Morocco Accounting and Finance
Average Salary 2016    =  
21,116 MAD
Average Salary 2017    +4%  
21,897 MAD
Average Salary 2018    +3%  
22,641 MAD
Average Salary 2019    +3%  
23,343 MAD
Percentage increase and decrease are relative to the previous value
Accounting and Finance salaries in Morocco 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 Morocco

135 MAD per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Morocco for Accounting and Finance is 135 MAD. This means that the average person in Morocco earns approximatly 135 MAD 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 MoroccoWe compared Morocco 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
Agadir20,650 MAD
Casablanca25,445 MAD
Marrakech23,742 MAD
Rabat22,488 MAD
Tangier24,978 MAD
21263 - 19
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