Accounting and Finance Average Salaries in Singapore 2020
How much money does a person working in Accounting and Finance make in Singapore?
LOWEST
3,770
SGD AVERAGE
8,250
SGD HIGHEST
17,500
SGD
A person working in Accounting and Finance in Singapore typically earns around 8,250 SGD per month. Salaries range from 3,770 SGD (lowest) to 17,500 SGD (highest).
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 Title | Average Salary |
| Account Examiner | 5,020 SGD |
| Account Executive | 7,470 SGD |
| Accountant | 5,180 SGD |
| Accounting Assistant | 4,970 SGD |
| Accounting Associate | 5,660 SGD |
| Accounting Clerk | 4,000 SGD |
| Accounting Coordinator | 4,500 SGD |
| Accounting Manager | 11,000 SGD |
| Accounting Supervisor | 7,800 SGD |
| Accounting Technician | 4,740 SGD |
| Accounts Executive | 6,990 SGD |
| Accounts Payable and Receivable Specialist | 6,120 SGD |
| Accounts Payable Clerk | 4,280 SGD |
| Accounts Payable Manager | 8,630 SGD |
| Accounts Receivable Clerk | 4,560 SGD |
| Accounts Receivable Manager | 9,080 SGD |
| Assistant Accounting Manager | 6,690 SGD |
| Assistant Auditor | 6,020 SGD |
| Audit Supervisor | 10,600 SGD |
| Auditing Clerk | 5,360 SGD |
| Auditing Manager | 11,000 SGD |
| Billing Coordinator | 6,710 SGD |
| Billing Specialist | 6,220 SGD |
| Billing Supervisor | 7,470 SGD |
| Bookkeeper | 4,110 SGD |
| Bookkeeping Specialist | 5,420 SGD |
| Budget Analyst | 6,340 SGD |
| Budget Manager | 9,230 SGD |
| Business Support Analyst | 7,340 SGD |
| Capital Markets Associate | 8,330 SGD |
| Cash Flow Analyst | 7,740 SGD |
| Cash Management Officer | 7,200 SGD |
| Cashbook Clerk | 5,040 SGD |
| Chartered Accountant | 6,590 SGD |
| Collections Clerk | 4,030 SGD |
| Collections Specialist | 5,490 SGD |
| Corporate Treasurer | 14,500 SGD |
| Cost Accountant | 6,450 SGD |
| Cost Accounting Manager | 8,770 SGD |
| Cost Analyst | 8,220 SGD |
| Credit and Collection Manager | 8,940 SGD |
| Credit and Collection Staff | 4,660 SGD |
| Credit and Loans Officer | 4,610 SGD |
| Credit Controller | 7,600 SGD |
| Debt Adviser | 10,100 SGD |
| Debt Collector | 7,060 SGD |
| Debtors Clerk | 5,890 SGD |
| Deputy CFO | 13,300 SGD |
| Derivative Trader | 11,500 SGD |
| Escrow Assistant | 6,500 SGD |
| External Auditor | 8,030 SGD |
| Finance Associate | 6,240 SGD |
| Finance Executive | 12,900 SGD |
| Finance Licensing Clerk | 4,920 SGD |
| Finance Licensing Manager | 7,840 SGD |
| Finance Licensing Specialist | 6,150 SGD |
| Finance Officer | 8,820 SGD |
| Finance President | 15,400 SGD |
| Finance Relationship Manager | 11,300 SGD |
| Finance Release Analyst | 7,250 SGD |
| Finance Team Leader | 8,700 SGD |
| Financial Actuary | 7,860 SGD |
| Financial Administrator | 6,580 SGD |
| Financial Analyst | 8,300 SGD |
| Financial Applications Specialist | 5,480 SGD |
| Financial Assistant | 4,960 SGD |
| Financial Associate | 5,690 SGD |
| Financial Claims Analyst | 7,140 SGD |
| Financial Claims Manager | 8,900 SGD |
| Financial Commercial Analyst | 6,620 SGD |
| Financial Compliance Analyst | 8,190 SGD |
| Financial Consultant | 7,170 SGD |
| Financial Controller | 7,560 SGD |
| Financial Coordinator | 7,120 SGD |
| Financial Customer Service Manager | 9,650 SGD |
| Financial Dealer and Broker | 7,130 SGD |
| Financial Encoder | 4,590 SGD |
| Financial Manager | 16,400 SGD |
| Financial Manager | 15,400 SGD |
| Financial Operations Manager | 11,200 SGD |
| Financial Policy Analyst | 7,550 SGD |
| Financial Project Manager | 7,840 SGD |
| Financial Quantitative Analyst | 8,350 SGD |
| Financial Reporting Consultant | 8,110 SGD |
| Financial Reporting Manager | 9,170 SGD |
| Financial Services Sales Agent | 6,850 SGD |
| Fixed Assets Administrator | 6,270 SGD |
| Forensic Accountant | 6,370 SGD |
| Fraud Detection Supervisor | 7,490 SGD |
| Fraud Prevention Manager | 11,400 SGD |
| Fund Accountant | 5,820 SGD |
| Grants Coordinator | 5,340 SGD |
| Internal Auditor | 8,100 SGD |
| Internal Control Adviser | 8,400 SGD |
| Internal Control Officer | 7,050 SGD |
| Inventory Accountant | 12,200 SGD |
| Investment Analyst | 10,200 SGD |
| Investment Fund Manager | 10,600 SGD |
| Investment Underwriter | 4,740 SGD |
| Investor | 7,170 SGD |
| Investor Relations Manager | 9,510 SGD |
| KYC Team Leader | 9,080 SGD |
| Management Economist | 8,470 SGD |
| Paymaster | 5,760 SGD |
| Payroll Clerk | 4,550 SGD |
| Payroll Manager | 7,710 SGD |
| Pensions Administrator | 5,900 SGD |
| Pricing Analyst | 8,380 SGD |
| Private Equity Analyst | 8,620 SGD |
| Proposal Development Coordinator | 5,800 SGD |
| Receivables Accountant | 5,210 SGD |
| Regulatory Accountant | 6,200 SGD |
| Retirement Plan Analyst | 8,190 SGD |
| Revenue Management Specialist | 6,850 SGD |
| Revenue Recognition Analyst | 10,400 SGD |
| Risk Management Director | 13,000 SGD |
| Risk Management Supervisor | 9,980 SGD |
| Tax Accountant | 5,610 SGD |
| Tax Advisor | 7,450 SGD |
| Tax Associate | 5,970 SGD |
| Tax Manager | 11,900 SGD |
| Teller | 3,700 SGD |
| Treasury Accountant | 6,090 SGD |
| Treasury Analyst | 8,670 SGD |
| Underwriter | 4,850 SGD |
| Underwriting Assistant | 4,420 SGD |
| Vice President of Finance | 11,500 SGD |
Accounting and Finance Jobs Salary Distribution in Singapore
The median, the maximum, the minimum, and the range
Salary Range
The Accounting and Finance salaries in Singapore range between 3,770 SGD per month (minimum salary) to 17,500 SGD per month (maximum salary).
Median Salary
The median salary is 7,920 SGD per month, which means that half (50%) of people working in Accounting and Finance are earning less than 7,920 SGD while the other half are earning more than 7,920 SGD. 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.
Percentiles
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 5,260 SGD while 75% of them are earning more than 5,260 SGD. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 11,700 SGD while 25% are earning more than 11,700 SGD.
What is the difference between the median and the average salary?
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 Singapore
How do Accounting and Finance salaries change over time? Listed below is a chart that shows the average salary in recent years.
| Average Salary 2016 | 7,580 SGD | |
| Average Salary 2017 | +4% | 7,860 SGD |
| Average Salary 2018 | +1% | 7,970 SGD |
| Average Salary 2019 | +2% | 8,090 SGD |
Accounting and Finance Hourly Average Wage in Singapore
48 SGD per hourThe average hourly wage (pay per hour) in Singapore for Accounting and Finance is 48 SGD. This means that the average person in Singapore earns approximatly 48 SGD for every worked hour.
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
We compared Singapore salaries for Accounting and Finance and All Jobs and we found that Accounting and Finance salaries are 3% less than those of All Jobs.
