Accounting and Finance Average Salaries in Singapore 2019
How much money does a person working in Accounting and Finance make in Singapore?
8,246 SGD per month Average Monthly Salary
A person working in Accounting and Finance in Singapore typically earns around 8,246 SGD 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 Title | Average Salary |
| Account Examiner | 5,015 SGD |
| Account Executive | 7,475 SGD |
| Accountant | 5,181 SGD |
| Accounting Assistant | 4,968 SGD |
| Accounting Associate | 5,657 SGD |
| Accounting Clerk | 3,996 SGD |
| Accounting Coordinator | 4,504 SGD |
| Accounting Manager | 11,000 SGD |
| Accounting Supervisor | 7,797 SGD |
| Accounting Technician | 4,740 SGD |
| Accounts Executive | 6,988 SGD |
| Accounts Payable and Receivable Specialist | 6,121 SGD |
| Accounts Payable Clerk | 4,279 SGD |
| Accounts Payable Manager | 8,629 SGD |
| Accounts Receivable Clerk | 4,557 SGD |
| Accounts Receivable Manager | 9,078 SGD |
| Assistant Accounting Manager | 6,688 SGD |
| Assistant Auditor | 6,016 SGD |
| Audit Supervisor | 10,622 SGD |
| Auditing Clerk | 5,362 SGD |
| Auditing Manager | 10,952 SGD |
| Billing Coordinator | 6,706 SGD |
| Billing Specialist | 6,223 SGD |
| Billing Supervisor | 7,475 SGD |
| Bookkeeper | 4,114 SGD |
| Bookkeeping Specialist | 5,418 SGD |
| Budget Analyst | 6,341 SGD |
| Budget Manager | 9,230 SGD |
| Business Support Analyst | 7,341 SGD |
| Capital Markets Associate | 8,330 SGD |
| Cash Flow Analyst | 7,741 SGD |
| Cash Management Officer | 7,196 SGD |
| Cashbook Clerk | 5,038 SGD |
| Chartered Accountant | 6,593 SGD |
| Collections Clerk | 4,033 SGD |
| Collections Specialist | 5,489 SGD |
| Corporate Treasurer | 14,499 SGD |
| Cost Accountant | 6,445 SGD |
| Cost Accounting Manager | 8,768 SGD |
| Cost Analyst | 8,221 SGD |
| Credit and Collection Manager | 8,938 SGD |
| Credit and Collection Staff | 4,660 SGD |
| Credit and Loans Officer | 4,606 SGD |
| Credit Controller | 7,596 SGD |
| Debt Adviser | 10,071 SGD |
| Debt Collector | 7,063 SGD |
| Debtors Clerk | 5,890 SGD |
| Deputy CFO | 13,296 SGD |
| Derivative Trader | 11,540 SGD |
| Escrow Assistant | 6,499 SGD |
| External Auditor | 8,032 SGD |
| Finance Associate | 6,244 SGD |
| Finance Executive | 12,890 SGD |
| Finance Licensing Clerk | 4,918 SGD |
| Finance Licensing Manager | 7,837 SGD |
| Finance Licensing Specialist | 6,146 SGD |
| Finance Officer | 8,816 SGD |
| Finance President | 15,352 SGD |
| Finance Relationship Manager | 11,304 SGD |
| Finance Release Analyst | 7,249 SGD |
| Finance Team Leader | 8,700 SGD |
| Financial Actuary | 7,865 SGD |
| Financial Administrator | 6,580 SGD |
| Financial Analyst | 8,297 SGD |
| Financial Applications Specialist | 5,484 SGD |
| Financial Assistant | 4,956 SGD |
| Financial Associate | 5,685 SGD |
| Financial Claims Analyst | 7,136 SGD |
| Financial Claims Manager | 8,905 SGD |
| Financial Commercial Analyst | 6,621 SGD |
| Financial Compliance Analyst | 8,194 SGD |
| Financial Consultant | 7,166 SGD |
| Financial Controller | 7,557 SGD |
| Financial Coordinator | 7,124 SGD |
| Financial Customer Service Manager | 9,649 SGD |
| Financial Dealer and Broker | 7,126 SGD |
| Financial Encoder | 4,588 SGD |
| Financial Manager | 16,377 SGD |
| Financial Manager | 15,414 SGD |
| Financial Operations Manager | 11,167 SGD |
| Financial Policy Analyst | 7,548 SGD |
| Financial Project Manager | 7,840 SGD |
| Financial Quantitative Analyst | 8,348 SGD |
| Financial Reporting Consultant | 8,109 SGD |
| Financial Reporting Manager | 9,173 SGD |
| Financial Services Sales Agent | 6,851 SGD |
| Fixed Assets Administrator | 6,269 SGD |
| Forensic Accountant | 6,372 SGD |
| Fraud Detection Supervisor | 7,486 SGD |
| Fraud Prevention Manager | 11,386 SGD |
| Fund Accountant | 5,820 SGD |
| Grants Coordinator | 5,343 SGD |
| Internal Auditor | 8,097 SGD |
| Internal Control Adviser | 8,397 SGD |
| Internal Control Officer | 7,053 SGD |
| Inventory Accountant | 12,245 SGD |
| Investment Analyst | 10,155 SGD |
| Investment Fund Manager | 10,610 SGD |
| Investment Underwriter | 4,740 SGD |
| Investor | 7,166 SGD |
| Investor Relations Manager | 9,515 SGD |
| KYC Team Leader | 9,078 SGD |
| Management Economist | 8,469 SGD |
| Paymaster | 5,757 SGD |
| Payroll Clerk | 4,548 SGD |
| Payroll Manager | 7,708 SGD |
| Pensions Administrator | 5,900 SGD |
| Pricing Analyst | 8,383 SGD |
| Private Equity Analyst | 8,620 SGD |
| Proposal Development Coordinator | 5,804 SGD |
| Receivables Accountant | 5,213 SGD |
| Regulatory Accountant | 6,198 SGD |
| Retirement Plan Analyst | 8,194 SGD |
| Revenue Management Specialist | 6,852 SGD |
| Revenue Recognition Analyst | 10,400 SGD |
| Risk Management Director | 13,046 SGD |
| Risk Management Supervisor | 9,980 SGD |
| Tax Accountant | 5,606 SGD |
| Tax Advisor | 7,453 SGD |
| Tax Associate | 5,975 SGD |
| Tax Manager | 11,909 SGD |
| Teller | 3,699 SGD |
| Treasury Accountant | 6,089 SGD |
| Treasury Analyst | 8,666 SGD |
| Underwriter | 4,849 SGD |
| Underwriting Assistant | 4,418 SGD |
| Vice President of Finance | 11,532 SGD |
Accounting and Finance Jobs Salary Distribution in Singapore
Abount These Figures: Salary Range, Median and Percentiles
The Accounting and Finance salaries in Singapore range between 3,772 SGD per month (minimum salary) to 17,496 SGD per month (maximum salary).The median salary is 7,916 SGD per month, which means that half (50%) of people working in Accounting and Finance are earning less than 7,916 SGD while the other half are earning more than 7,916 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.
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 5,259 SGD while 75% of them are earning more than 5,259 SGD. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 11,690 SGD while 25% are earning more than 11,690 SGD.
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 salaryAccounting 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 | = | 7,726 SGD |
| Average Salary 2017 |  +4% | 8,012 SGD |
| Average Salary 2018 | +1% | 8,116 SGD |
| Average Salary 2019 | +2% | 8,246 SGD |
Percentage increase and decrease are relative to the previous value
Accounting and Finance salaries in Singapore are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% 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 Singapore
48 SGD per hour Average Hourly Wage
The 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.
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
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.7302 - 127