How much money does a person working in Accounting and Finance make in Qatar?
Average Monthly Salary
16,300 QAR
( 195,000 QAR yearly)
LOW
6,530
QAR
AVERAGE
16,300
QAR
HIGH
32,400
QAR
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 Qatar typically earns around 16,300 QAR. Salaries range from 6,530 QAR (lowest average) to 32,400 QAR (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 Qatar 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 | 7,820 QAR |
Account Executive | 14,200 QAR |
Accountant | 10,400 QAR |
Accounting Analyst | 13,000 QAR |
|
Accounting Assistant | 7,970 QAR |
Accounting Associate | 7,930 QAR |
Accounting Clerk | 6,480 QAR |
Accounting Coordinator | 9,380 QAR |
Accounting Head | 22,500 QAR |
Accounting Manager | 23,300 QAR |
Accounting Officer | 7,620 QAR |
Accounting Specialist | 15,000 QAR |
Accounting Supervisor | 14,500 QAR |
Accounting Technician | 7,850 QAR |
Accounting Unit Controller | 17,200 QAR |
Accounts Executive | 13,700 QAR |
Accounts Officer | 8,500 QAR |
Accounts Payable and Receivable Specialist | 10,600 QAR |
Accounts Payable Assistant | 8,550 QAR |
Accounts Payable Associate | 9,800 QAR |
Accounts Payable Clerk | 7,970 QAR |
Accounts Payable Manager | 20,700 QAR |
Accounts Receivable Administrator | 15,000 QAR |
Accounts Receivable Clerk | 7,590 QAR |
Accounts Receivable Financial Analyst | 14,700 QAR |
Accounts Receivable Manager | 21,400 QAR |
Accounts Receivable Team Leader | 15,000 QAR |
Algorithmic Trading Specialist | 18,300 QAR |
Assistant Accountant | 8,010 QAR |
Assistant Accounting Manager | 20,900 QAR |
Assistant Auditor | 10,200 QAR |
Assistant Corporate Controller | 14,500 QAR |
Assistant Finance Manager | 22,200 QAR |
Assistant Financial Controller | 14,800 QAR |
Audit Director | 25,400 QAR |
Audit Supervisor | 19,800 QAR |
Auditing Clerk | 8,500 QAR |
Auditing Manager | 22,600 QAR |
Billing Clerk | 7,810 QAR |
Billing Coordinator | 10,100 QAR |
Billing Specialist | 10,900 QAR |
Billing Supervisor | 17,100 QAR |
Bookkeeper | 7,180 QAR |
Bookkeeping Specialist | 10,700 QAR |
Budget Analyst | 18,300 QAR |
Budget Manager | 21,400 QAR |
Business Support Analyst | 11,500 QAR |
Capital Markets Associate | 15,500 QAR |
Cash Flow Analyst | 16,900 QAR |
Cash Management Manager | 21,600 QAR |
Cash Management Officer | 12,300 QAR |
Cashbook Clerk | 7,170 QAR |
Chartered Accountant | 13,300 QAR |
Chief Accountant | 16,100 QAR |
Chief Financial Technology Officer | 22,100 QAR |
Collections Clerk | 6,870 QAR |
Collections Representative | 9,710 QAR |
Collections Specialist | 10,400 QAR |
Corporate Controller | 17,200 QAR |
Corporate Treasurer | 19,500 QAR |
Cost Accountant | 10,700 QAR |
Cost Accounting Manager | 21,900 QAR |
Cost Accounting Supervisor | 17,800 QAR |
Cost Analyst | 17,200 QAR |
Credit and Collection Manager | 20,700 QAR |
Credit and Collection Staff | 7,810 QAR |
Credit and Loans Officer | 7,590 QAR |
Credit Controller | 15,300 QAR |
Credit Manager | 21,300 QAR |
Debt Adviser | 17,800 QAR |
Debt Collector | 8,490 QAR |
Debtors Clerk | 7,640 QAR |
Debtors Controller | 7,620 QAR |
Deputy CFO | 30,000 QAR |
Deputy Head of Finance | 28,600 QAR |
Derivative Trader | 18,000 QAR |
Director of Finance | 30,900 QAR |
E-commerce Accountant | 10,900 QAR |
Economist | 24,700 QAR |
Equity Analyst | 18,300 QAR |
Escrow Assistant | 9,880 QAR |
Executive Accountant | 12,100 QAR |
External Auditor | 14,900 QAR |
Finance Administrator | 12,600 QAR |
Finance Analyst | 19,100 QAR |
Finance Associate | 9,160 QAR |
Finance Data Analyst | 16,500 QAR |
Finance Director | 30,300 QAR |
Finance Executive | 22,500 QAR |
Finance Licensing Clerk | 8,060 QAR |
Finance Licensing Manager | 20,800 QAR |
Finance Licensing Specialist | 11,500 QAR |
Finance Manager | 31,000 QAR |
Finance Officer | 10,400 QAR |
Finance President | 31,500 QAR |
Finance Relationship Manager | 24,900 QAR |
Finance Release Analyst | 12,500 QAR |
Finance Specialist | 17,900 QAR |
Finance Team Leader | 23,400 QAR |
Financial Accountant | 10,200 QAR |
Financial Actuary | 16,600 QAR |
Financial Administrator | 18,600 QAR |
Financial Advisor | 19,200 QAR |
Financial Analyst | 20,100 QAR |
Financial Applications Specialist | 13,900 QAR |
Financial Assistant | 8,730 QAR |
Financial Associate | 9,840 QAR |
Financial Associate | 8,830 QAR |
Financial Claims Analyst | 13,700 QAR |
Financial Claims Manager | 19,600 QAR |
Financial Claims Supervisor | 17,800 QAR |
Financial Clerk | 8,370 QAR |
Financial Commercial Analyst | 15,400 QAR |
Financial Compliance Analyst | 17,500 QAR |
Financial Compliance Officer | 17,400 QAR |
Financial Consultant | 14,000 QAR |
Financial Controller | 16,800 QAR |
Financial Controller | 16,600 QAR |
Financial Coordinator | 10,100 QAR |
Financial Customer Service Manager | 20,200 QAR |
Financial Data Scientist | 20,000 QAR |
Financial Dealer and Broker | 11,200 QAR |
Financial Director | 30,700 QAR |
Financial Encoder | 8,710 QAR |
Financial Manager | 29,500 QAR |
Financial Manager | 28,500 QAR |
Financial Modelling Analyst | 18,900 QAR |
Financial Operations Manager | 27,800 QAR |
Financial Policy Analyst | 16,200 QAR |
Financial Project Manager | 22,700 QAR |
Financial Quantitative Analyst | 18,400 QAR |
Financial Reporting Consultant | 15,100 QAR |
Financial Reporting Manager | 19,900 QAR |
Financial Section Head | 20,800 QAR |
Financial Services Manager | 26,100 QAR |
Financial Services Sales Agent | 11,200 QAR |
Financial Technology Consultant | 16,100 QAR |
Financial Wellness Coach | 22,700 QAR |
FinTech Analyst | 18,600 QAR |
Fixed Assets Administrator | 11,300 QAR |
Forensic Accountant | 12,600 QAR |
Fraud Detection Supervisor | 13,300 QAR |
Fraud Prevention Manager | 21,500 QAR |
Fund Accountant | 9,840 QAR |
Grants Coordinator | 8,170 QAR |
Green Finance Analyst | 16,000 QAR |
Group Financial Manager | 29,400 QAR |
Internal Auditor | 13,800 QAR |
Internal Control Adviser | 17,000 QAR |
Internal Control Officer | 9,190 QAR |
International Tax Director | 25,700 QAR |
Inventory Accountant | 11,300 QAR |
Investment Advisor | 29,700 QAR |
Investment Analyst | 21,400 QAR |
Investment Associate | 18,200 QAR |
Investment Broker | 17,800 QAR |
Investment Fund Manager | 23,600 QAR |
Investment Operations Manager | 23,100 QAR |
Investment Underwriter | 8,790 QAR |
Investor | 13,500 QAR |
Investor Relations Manager | 20,500 QAR |
KYC Team Leader | 20,200 QAR |
Loan Processor | 9,130 QAR |
Management Accountant | 11,900 QAR |
Management Economist | 23,800 QAR |
Paymaster | 8,620 QAR |
Payroll Administrator | 13,700 QAR |
Payroll Benefits Coordinator | 12,100 QAR |
Payroll Billing Manager | 19,600 QAR |
Payroll Clerk | 9,750 QAR |
Payroll Manager | 20,000 QAR |
Payroll Officer | 9,120 QAR |
Payroll Specialist | 10,600 QAR |
Payroll Supervisor | 13,600 QAR |
Pensions Administrator | 10,800 QAR |
Personal Financial Advisor | 15,600 QAR |
Pricing Analyst | 18,100 QAR |
Private Equity Analyst | 19,300 QAR |
Project Accountant | 11,100 QAR |
Proposal Development Coordinator | 9,070 QAR |
Quantitative Trader | 14,600 QAR |
Receivables Accountant | 10,300 QAR |
Regulatory Accountant | 12,200 QAR |
Retirement Plan Analyst | 17,200 QAR |
Revenue Management Specialist | 17,500 QAR |
Revenue Recognition Analyst | 19,000 QAR |
Risk Management Director | 25,700 QAR |
Risk Management Supervisor | 20,700 QAR |
Staff Accountant | 10,400 QAR |
Tax Accountant | 10,500 QAR |
Tax Administrator | 11,600 QAR |
Tax Advisor | 15,900 QAR |
Tax Analyst | 15,600 QAR |
Tax Associate | 9,260 QAR |
Tax Consultant | 17,500 QAR |
Tax Director | 24,800 QAR |
Tax Examiner | 11,900 QAR |
Tax Manager | 20,800 QAR |
Tax Research Manager | 22,500 QAR |
Teller | 6,410 QAR |
Treasury Accountant | 11,200 QAR |
Treasury Analyst | 18,300 QAR |
Underwriter | 7,730 QAR |
Underwriting Assistant | 7,090 QAR |
Vice President of Finance | 29,600 QAR |
Accounting and Finance Jobs Pay Scale and Salaries in Qatar
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/qatar/accounting-and-finance/median-and-salary-distribution-monthly-qatar-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
16,400 QAR or more
10% of people earn
13,900 to 16,400 QAR
20% of people earn
8,350 QAR or less
65% of people earn
8,350 to 13,900 QAR
Minimum Salary 6,530 QAR |
Median 14,400 QAR |
Maximum 32,400 QAR |
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 Qatar range from 6,530 QAR (starting average salary) to 32,400 QAR (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 14,400 QAR, implying that half of the workforce in Qatar 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 Qatar earn less than 11,300 QAR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 17,400 QAR, 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 Qatar. The analysis revealed that roughly 65% of all reported salaries fell within the range of 8,350 QAR to 13,900 QAR. Approximately 20% of salaries were below the 8,350 QAR mark, while 10% ranged from 13,900 QAR to 16,400 QAR. Only 5% of individuals earned a gross salary of 16,400 QAR 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 Qatar 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 Qatar, 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 Qatar costs anywhere from 78,700 QAR to 236,000 QAR 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 / Qatar
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/qatar/accounting-and-finance/salary-comparison-by-gender-monthly-qatar-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 Qatar, the average difference between the salary of male and female employees is 10%.
Male | | 16,900 QAR |
Female | -9% | 15,400 QAR |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Qatar for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/qatar/salary-comparison-by-gender-monthly-qatar.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Qatar
How much are annual salary increments in Qatar for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in Qatar are likely to observe a salary increase of approximately 11% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/qatar/accounting-and-finance/annual-salary-increment-rate-qatar-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.
Qatar / All Professions
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/qatar/annual-salary-increment-rate-qatar.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 Qatar is 7%.”
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 / Qatar
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/qatar/accounting-and-finance/annual-salary-bonus-rate-qatar-accounting-and-finance.jpg
25% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 75% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.
Received Bonus | | 75% |
No Bonus | | 25% |
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 / Qatar
94 QAR
per hour The average hourly wage (pay per hour) in Accounting and Finance in Qatar is 94 QAR.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 Qatar is 38 QAR. 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
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 Qatar is 5% on average across all career fields.
Private Sector | | 15,300 QAR |
Public Sector | +5% | 16,100 QAR |
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 Qatar?
A good and competitive compensation would range anywhere between 14,400 QAR and 17,400 QAR. 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 Qatar ranges from 6,530 QAR to 11,300 QAR. 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