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Accounting and Finance Average Salaries in Bangladesh 2024

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

Job TitleAverage Salary
Accounting and Finance
Account Examiner14,400 BDT
Account Executive22,900 BDT
Accountant18,700 BDT
Accounting Analyst22,600 BDT
Accounting Assistant14,900 BDT
Accounting Associate13,800 BDT
Accounting Clerk11,400 BDT
Accounting Coordinator17,200 BDT
Accounting Head36,300 BDT
Accounting Manager38,700 BDT
Accounting Officer13,900 BDT
Accounting Specialist25,900 BDT
Accounting Supervisor24,800 BDT
Accounting Technician12,900 BDT
Accounting Unit Controller31,400 BDT
Accounts Executive24,200 BDT
Accounts Officer15,200 BDT
Accounts Payable and Receivable Specialist19,400 BDT
Accounts Payable Assistant14,700 BDT
Accounts Payable Associate17,800 BDT
Accounts Payable Clerk13,800 BDT
Accounts Payable Manager37,300 BDT
Accounts Receivable Administrator26,800 BDT
Accounts Receivable Clerk14,300 BDT
Accounts Receivable Financial Analyst26,500 BDT
Accounts Receivable Manager38,100 BDT
Accounts Receivable Team Leader28,200 BDT
Algorithmic Trading Specialist33,500 BDT
Assistant Accountant14,500 BDT
Assistant Accounting Manager35,400 BDT
Assistant Auditor18,700 BDT
Assistant Corporate Controller25,400 BDT
Assistant Finance Manager37,800 BDT
Assistant Financial Controller24,900 BDT
Audit Director43,700 BDT
Audit Supervisor35,400 BDT
Auditing Clerk15,200 BDT
Auditing Manager39,300 BDT
Billing Clerk14,000 BDT
Billing Coordinator17,000 BDT
Billing Specialist20,300 BDT
Billing Supervisor27,500 BDT
Bookkeeper12,100 BDT
Bookkeeping Specialist17,600 BDT
Budget Analyst32,100 BDT
Budget Manager39,200 BDT
Business Support Analyst21,100 BDT
Capital Markets Associate27,400 BDT
Cash Flow Analyst29,200 BDT
Cash Management Manager38,900 BDT
Cash Management Officer20,800 BDT
Cashbook Clerk12,800 BDT
Chartered Accountant23,600 BDT
Chief Accountant28,100 BDT
Chief Financial Technology Officer38,000 BDT
Collections Clerk11,700 BDT
Collections Representative15,700 BDT
Collections Specialist18,700 BDT
Corporate Controller29,400 BDT
Corporate Treasurer35,000 BDT
Cost Accountant18,400 BDT
Cost Accounting Manager37,000 BDT
Cost Accounting Supervisor31,600 BDT
Cost Analyst30,200 BDT
Credit and Collection Manager38,000 BDT
Credit and Collection Staff14,700 BDT
Credit and Loans Officer14,000 BDT
Credit Controller25,600 BDT
Credit Manager40,900 BDT
Debt Adviser29,900 BDT
Debt Collector14,800 BDT
Debtors Clerk13,200 BDT
Debtors Controller13,900 BDT
Deputy CFO54,000 BDT
Deputy Head of Finance50,700 BDT
Derivative Trader30,900 BDT
Director of Finance55,800 BDT
E-commerce Accountant19,200 BDT
Economist46,100 BDT
Equity Analyst34,700 BDT
Escrow Assistant16,200 BDT
Executive Accountant20,900 BDT
External Auditor26,900 BDT
Finance Administrator21,100 BDT
Finance Analyst34,700 BDT
Finance Associate16,000 BDT
Finance Data Analyst31,100 BDT
Finance Director55,300 BDT
Finance Executive40,800 BDT
Finance Licensing Clerk13,700 BDT
Finance Licensing Manager36,900 BDT
Finance Licensing Specialist21,300 BDT
Finance Manager53,400 BDT
Finance Officer18,400 BDT
Finance President53,600 BDT
Finance Relationship Manager43,900 BDT
Finance Release Analyst21,000 BDT
Finance Specialist32,100 BDT
Finance Team Leader 43,100 BDT
Financial Accountant18,700 BDT
Financial Actuary28,900 BDT
Financial Administrator32,100 BDT
Financial Advisor35,800 BDT
Financial Analyst33,500 BDT
Financial Applications Specialist23,900 BDT
Financial Assistant15,700 BDT
Financial Associate15,100 BDT
Financial Associate17,400 BDT
Financial Claims Analyst25,400 BDT
Financial Claims Manager34,200 BDT
Financial Claims Supervisor32,300 BDT
Financial Clerk14,300 BDT
Financial Commercial Analyst27,600 BDT
Financial Compliance Analyst31,300 BDT
Financial Compliance Officer31,000 BDT
Financial Consultant24,700 BDT
Financial Controller31,400 BDT
Financial Controller31,000 BDT
Financial Coordinator16,700 BDT
Financial Customer Service Manager33,100 BDT
Financial Data Scientist33,500 BDT
Financial Dealer and Broker19,700 BDT
Financial Director56,200 BDT
Financial Encoder15,900 BDT
Financial Manager50,200 BDT
Financial Manager51,500 BDT
Financial Modelling Analyst33,000 BDT
Financial Operations Manager46,800 BDT
Financial Policy Analyst30,100 BDT
Financial Project Manager38,400 BDT
Financial Quantitative Analyst32,900 BDT
Financial Reporting Consultant25,900 BDT
Financial Reporting Manager37,200 BDT
Financial Section Head36,100 BDT
Financial Services Manager47,700 BDT
Financial Services Sales Agent19,800 BDT
Financial Technology Consultant29,400 BDT
Financial Wellness Coach39,100 BDT
FinTech Analyst33,400 BDT
Fixed Assets Administrator19,100 BDT
Forensic Accountant22,200 BDT
Fraud Detection Supervisor22,700 BDT
Fraud Prevention Manager38,300 BDT
Fund Accountant18,300 BDT
Grants Coordinator14,300 BDT
Green Finance Analyst30,000 BDT
Group Financial Manager56,400 BDT
Internal Auditor26,200 BDT
Internal Control Adviser29,000 BDT
Internal Control Officer16,400 BDT
International Tax Director44,200 BDT
Inventory Accountant20,100 BDT
Investment Advisor52,100 BDT
Investment Analyst35,400 BDT
Investment Associate31,700 BDT
Investment Broker30,700 BDT
Investment Fund Manager42,800 BDT
Investment Operations Manager41,500 BDT
Investment Underwriter16,600 BDT
Investor25,200 BDT
Investor Relations Manager36,100 BDT
KYC Team Leader37,600 BDT
Loan Processor15,400 BDT
Management Accountant21,300 BDT
Management Economist41,800 BDT
Paymaster15,400 BDT
Payroll Administrator23,800 BDT
Payroll Benefits Coordinator20,100 BDT
Payroll Billing Manager33,900 BDT
Payroll Clerk16,000 BDT
Payroll Manager34,300 BDT
Payroll Officer16,500 BDT
Payroll Specialist20,000 BDT
Payroll Supervisor24,300 BDT
Pensions Administrator19,000 BDT
Personal Financial Advisor28,700 BDT
Pricing Analyst31,100 BDT
Private Equity Analyst34,200 BDT
Project Accountant20,600 BDT
Proposal Development Coordinator16,000 BDT
Quantitative Trader27,600 BDT
Receivables Accountant17,500 BDT
Regulatory Accountant20,300 BDT
Retirement Plan Analyst29,400 BDT
Revenue Management Specialist31,100 BDT
Revenue Recognition Analyst36,300 BDT
Risk Management Director44,600 BDT
Risk Management Supervisor37,300 BDT
Staff Accountant18,000 BDT
Tax Accountant17,000 BDT
Tax Administrator19,700 BDT
Tax Advisor28,300 BDT
Tax Analyst28,800 BDT
Tax Associate15,600 BDT
Tax Consultant30,500 BDT
Tax Director45,200 BDT
Tax Examiner19,600 BDT
Tax Manager39,200 BDT
Tax Research Manager39,900 BDT
Teller10,700 BDT
Treasury Accountant19,700 BDT
Treasury Analyst32,400 BDT
Underwriter13,100 BDT
Underwriting Assistant12,500 BDT
Vice President of Finance50,600 BDT


Accounting and Finance Jobs Pay Scale and Salaries in Bangladesh

Median and salary distribution Bangladesh Accounting and Finance monthly
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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?

Salary Comparison By Experience Level
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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.
* Based on the average change in salary over time. Salary variations differ from person to person.


Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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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

Salary comparison by gender Bangladesh Accounting and Finance monthly
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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

Salary comparison by gender monthly Bangladesh
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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.

Annual Salary Increment Rate Bangladesh Accounting and Finance
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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

Annual Salary Increment Rate Bangladesh
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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

World Average Annual Salary Increment
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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?Annual Salary Bonus Rate Bangladesh Accounting and Finance
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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 Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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 GeneratorsSupporting 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

CityAverage Salary
Barisal26,900 BDT
Bogra28,300 BDT
Chandpur24,800 BDT
Chittagong29,700 BDT
Coxs Bazar25,900 BDT
Dhaka30,200 BDT
Jamalpur25,400 BDT
Jessore26,600 BDT
Khulna28,800 BDT
Rajshahi29,400 BDT
St. Martin24,300 BDT
Sylhet27,700 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


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