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Accounting and Finance Average Salaries in Jeddah 2019

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

16,930 SAR per month
Average Monthly Salary
A person working in Accounting and Finance in Jeddah typically earns around 16,930 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 Examiner10,339 SAR
Account Executive15,791 SAR
Accountant12,160 SAR
Accounting Assistant11,162 SAR
Accounting Associate11,325 SAR
Accounting Clerk8,574 SAR
Accounting Coordinator9,285 SAR
Accounting Manager22,585 SAR
Accounting Supervisor15,761 SAR
Accounting Technician10,486 SAR
Accounts Executive15,066 SAR
Accounts Payable and Receivable Specialist13,808 SAR
Accounts Payable Clerk8,388 SAR
Accounts Payable Manager17,889 SAR
Accounts Receivable Clerk9,021 SAR
Accounts Receivable Manager19,003 SAR
Assistant Accounting Manager14,496 SAR
Assistant Auditor12,780 SAR
Audit Supervisor21,660 SAR
Auditing Clerk10,934 SAR
Auditing Manager22,786 SAR
Billing Coordinator14,387 SAR
Billing Specialist13,816 SAR
Billing Supervisor16,607 SAR
Bookkeeper8,736 SAR
Bookkeeping Specialist11,986 SAR
Budget Analyst14,233 SAR
Budget Manager19,802 SAR
Business Support Analyst15,595 SAR
Capital Markets Associate18,050 SAR
Cash Flow Analyst17,552 SAR
Cash Management Officer16,486 SAR
Cashbook Clerk10,594 SAR
Chartered Accountant14,441 SAR
Collections Clerk9,181 SAR
Collections Specialist11,720 SAR
Corporate Treasurer30,956 SAR
Cost Accountant13,828 SAR
Cost Accounting Manager17,898 SAR
Cost Analyst17,724 SAR
Credit and Collection Manager19,176 SAR
Credit and Collection Staff9,225 SAR
Credit and Loans Officer9,495 SAR
Credit Controller15,726 SAR
Debt Adviser20,132 SAR
Debt Collector14,930 SAR
Debtors Clerk11,951 SAR
Deputy CFO28,823 SAR
Derivative Trader23,327 SAR
Escrow Assistant13,531 SAR
External Auditor17,666 SAR
Finance Associate12,543 SAR
Finance Executive28,352 SAR
Finance Licensing Clerk10,659 SAR
Finance Licensing Manager17,930 SAR
Finance Licensing Specialist13,456 SAR
Finance Officer20,171 SAR
Finance President33,451 SAR
Finance Relationship Manager23,188 SAR
Finance Release Analyst15,393 SAR
Finance Team Leader 17,935 SAR
Financial Actuary17,212 SAR
Financial Administrator14,189 SAR
Financial Analyst18,068 SAR
Financial Applications Specialist11,708 SAR
Financial Assistant10,107 SAR
Financial Associate13,275 SAR
Financial Claims Analyst16,519 SAR
Financial Claims Manager17,825 SAR
Financial Commercial Analyst15,538 SAR
Financial Compliance Analyst16,709 SAR
Financial Consultant15,697 SAR
Financial Controller16,293 SAR
Financial Coordinator13,897 SAR
Financial Customer Service Manager20,088 SAR
Financial Dealer and Broker14,677 SAR
Financial Encoder9,263 SAR
Financial Manager33,070 SAR
Financial Operations Manager24,937 SAR
Financial Policy Analyst17,806 SAR
Financial Project Manager16,003 SAR
Financial Quantitative Analyst18,657 SAR
Financial Reporting Consultant17,230 SAR
Financial Reporting Manager21,639 SAR
Financial Services Sales Agent15,471 SAR
Fixed Assets Administrator13,999 SAR
Forensic Accountant13,070 SAR
Fraud Detection Supervisor16,458 SAR
Fraud Prevention Manager23,942 SAR
Fund Accountant12,923 SAR
Grants Coordinator10,696 SAR
Internal Auditor17,020 SAR
Internal Control Adviser18,460 SAR
Internal Control Officer14,830 SAR
Inventory Accountant28,016 SAR
Investment Analyst22,772 SAR
Investment Fund Manager22,188 SAR
Investment Underwriter10,479 SAR
Investor16,905 SAR
Investor Relations Manager21,487 SAR
KYC Team Leader20,394 SAR
Management Economist19,125 SAR
Paymaster13,511 SAR
Payroll Clerk10,060 SAR
Payroll Manager17,999 SAR
Pensions Administrator13,323 SAR
Pricing Analyst19,573 SAR
Private Equity Analyst18,776 SAR
Proposal Development Coordinator13,107 SAR
Receivables Accountant11,298 SAR
Regulatory Accountant13,496 SAR
Retirement Plan Analyst18,014 SAR
Revenue Management Specialist14,408 SAR
Revenue Recognition Analyst21,545 SAR
Risk Management Director26,914 SAR
Risk Management Supervisor19,659 SAR
Tax Accountant12,456 SAR
Tax Advisor16,325 SAR
Tax Associate12,687 SAR
Tax Manager24,809 SAR
Teller7,782 SAR
Treasury Accountant13,064 SAR
Treasury Analyst18,140 SAR
Underwriter9,898 SAR
Underwriting Assistant9,525 SAR
Vice President of Finance25,353 SAR

Accounting and Finance Jobs Salary Distribution in Jeddah

Median and salary distribution monthly Jeddah Accounting and Finance

Abount These Figures: Salary Range, Median and Percentiles

The Accounting and Finance salaries in Jeddah range between 7,743 SAR per month (minimum salary) to 35,921 SAR per month (maximum salary).

The median salary is 17,607 SAR per month, which means that half (50%) of people working in Accounting and Finance are earning less than 17,607 SAR while the other half are earning more than 17,607 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 11,408 SAR while 75% of them are earning more than 11,408 SAR. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 28,905 SAR while 25% are earning more than 28,905 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 Jeddah

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 Jeddah Accounting and Finance
Average Salary 2016    =  
15,181 SAR
Average Salary 2017    +4%  
15,743 SAR
Average Salary 2018    +4%  
16,326 SAR
Average Salary 2019    +4%  
16,930 SAR
Percentage increase and decrease are relative to the previous value
Accounting and Finance salaries in Jeddah are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% 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 Jeddah

98 SAR per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Jeddah for Accounting and Finance is 98 SAR. This means that the average person in Jeddah earns approximatly 98 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 JeddahWe compared Jeddah salaries for Accounting and Finance and All Jobs and we found that Accounting and Finance salaries are 3% less than those of All Jobs.

Jeddah VS Saudi Arabia

Salary Comparison Between Jeddah and Saudi Arabia monthly Accounting and FinanceWe compared Accounting and Finance salaries in Jeddah and Saudi Arabia and we found that Jeddah salaries are 4% more than those of Saudi Arabia.

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
14526 - 103
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