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Accounting and Finance Average Salaries in Saudi Arabia 2019

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

16,302 SAR per month
Average Monthly Salary
A person working in Accounting and Finance in Saudi Arabia typically earns around 16,302 SAR 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 Examiner9,378 SAR
Account Executive15,831 SAR
Accountant10,400 SAR
Accounting Assistant9,921 SAR
Accounting Associate10,916 SAR
Accounting Clerk7,939 SAR
Accounting Coordinator8,422 SAR
Accounting Manager21,747 SAR
Accounting Supervisor14,892 SAR
Accounting Technician10,099 SAR
Accounts Executive13,138 SAR
Accounts Payable and Receivable Specialist12,785 SAR
Accounts Payable Clerk8,419 SAR
Accounts Payable Manager16,894 SAR
Accounts Receivable Clerk8,878 SAR
Accounts Receivable Manager17,595 SAR
Assistant Accounting Manager13,151 SAR
Assistant Auditor12,068 SAR
Audit Supervisor20,055 SAR
Auditing Clerk10,124 SAR
Auditing Manager22,412 SAR
Billing Coordinator13,321 SAR
Billing Specialist12,546 SAR
Billing Supervisor15,075 SAR
Bookkeeper8,256 SAR
Bookkeeping Specialist11,544 SAR
Budget Analyst12,662 SAR
Budget Manager18,335 SAR
Business Support Analyst14,726 SAR
Capital Markets Associate16,382 SAR
Cash Flow Analyst15,297 SAR
Cash Management Officer15,564 SAR
Cashbook Clerk10,207 SAR
Chartered Accountant14,195 SAR
Collections Clerk8,338 SAR
Collections Specialist10,430 SAR
Corporate Treasurer27,549 SAR
Cost Accountant12,804 SAR
Cost Accounting Manager16,573 SAR
Cost Analyst15,456 SAR
Credit and Collection Manager17,756 SAR
Credit and Collection Staff9,079 SAR
Credit and Loans Officer8,613 SAR
Credit Controller14,863 SAR
Debt Adviser19,421 SAR
Debt Collector13,550 SAR
Debtors Clerk11,758 SAR
Deputy CFO26,139 SAR
Derivative Trader22,040 SAR
Escrow Assistant13,293 SAR
External Auditor16,358 SAR
Finance Associate12,585 SAR
Finance Executive26,252 SAR
Finance Licensing Clerk9,670 SAR
Finance Licensing Manager15,329 SAR
Finance Licensing Specialist11,958 SAR
Finance Officer17,244 SAR
Finance President31,610 SAR
Finance Relationship Manager22,346 SAR
Finance Release Analyst14,547 SAR
Finance Team Leader 16,268 SAR
Financial Actuary15,308 SAR
Financial Administrator13,679 SAR
Financial Analyst17,059 SAR
Financial Applications Specialist10,411 SAR
Financial Assistant9,358 SAR
Financial Associate12,056 SAR
Financial Claims Analyst15,295 SAR
Financial Claims Manager17,181 SAR
Financial Commercial Analyst13,289 SAR
Financial Compliance Analyst15,471 SAR
Financial Consultant15,429 SAR
Financial Controller14,191 SAR
Financial Coordinator13,408 SAR
Financial Customer Service Manager19,734 SAR
Financial Dealer and Broker14,720 SAR
Financial Encoder8,756 SAR
Financial Manager31,419 SAR
Financial Manager30,620 SAR
Financial Operations Manager23,543 SAR
Financial Policy Analyst15,859 SAR
Financial Project Manager14,818 SAR
Financial Quantitative Analyst17,621 SAR
Financial Reporting Consultant16,264 SAR
Financial Reporting Manager19,272 SAR
Financial Services Sales Agent14,325 SAR
Fixed Assets Administrator13,217 SAR
Forensic Accountant12,595 SAR
Fraud Detection Supervisor15,239 SAR
Fraud Prevention Manager23,068 SAR
Fund Accountant11,735 SAR
Grants Coordinator10,309 SAR
Internal Auditor16,412 SAR
Internal Control Adviser17,093 SAR
Internal Control Officer14,289 SAR
Inventory Accountant23,951 SAR
Investment Analyst20,274 SAR
Investment Fund Manager20,544 SAR
Investment Underwriter9,130 SAR
Investor15,056 SAR
Investor Relations Manager19,895 SAR
KYC Team Leader18,127 SAR
Management Economist17,708 SAR
Paymaster11,556 SAR
Payroll Clerk9,689 SAR
Payroll Manager16,347 SAR
Pensions Administrator12,336 SAR
Pricing Analyst17,777 SAR
Private Equity Analyst17,735 SAR
Proposal Development Coordinator12,136 SAR
Receivables Accountant10,250 SAR
Regulatory Accountant12,743 SAR
Retirement Plan Analyst16,680 SAR
Revenue Management Specialist13,882 SAR
Revenue Recognition Analyst20,355 SAR
Risk Management Director24,423 SAR
Risk Management Supervisor18,585 SAR
Tax Accountant11,307 SAR
Tax Advisor16,047 SAR
Tax Associate11,990 SAR
Tax Manager22,056 SAR
Teller7,492 SAR
Treasury Accountant12,096 SAR
Treasury Analyst16,796 SAR
Underwriter9,165 SAR
Underwriting Assistant8,306 SAR
Vice President of Finance23,475 SAR

Accounting and Finance Jobs Salary Distribution in Saudi Arabia

Median and salary distribution monthly Saudi Arabia Accounting and Finance

Abount These Figures: Salary Range, Median and Percentiles

The Accounting and Finance salaries in Saudi Arabia range between 7,456 SAR per month (minimum salary) to 34,590 SAR per month (maximum salary).

The median salary is 16,791 SAR per month, which means that half (50%) of people working in Accounting and Finance are earning less than 16,791 SAR while the other half are earning more than 16,791 SAR. 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 10,911 SAR while 75% of them are earning more than 10,911 SAR. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 27,232 SAR while 25% are earning more than 27,232 SAR.

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 Saudi Arabia

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 Saudi Arabia Accounting and Finance
Average Salary 2016    =  
14,746 SAR
Average Salary 2017    +4%  
15,292 SAR
Average Salary 2018    +3%  
15,812 SAR
Average Salary 2019    +3%  
16,302 SAR
Percentage increase and decrease are relative to the previous value
Accounting and Finance salaries in Saudi Arabia 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 Saudi Arabia

94 SAR per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Saudi Arabia for Accounting and Finance is 94 SAR. This means that the average person in Saudi Arabia earns approximatly 94 SAR 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 Saudi ArabiaWe compared Saudi Arabia 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
Abha15,470 SAR
Dammam16,037 SAR
Jeddah16,930 SAR
Khubar15,817 SAR
Mecca16,633 SAR
Medina16,335 SAR
Riyadh17,226 SAR
Tabuk14,824 SAR
Taif15,109 SAR
14372 - 320
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