How much money does a person working in Accounting and Finance make in Shenzhen?
Average Monthly Salary
30,100 CNY
( 361,000 CNY yearly)
LOW
12,100
CNY
AVERAGE
30,100
CNY
HIGH
59,900
CNY
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 Shenzhen typically earns around 30,100 CNY. Salaries range from 12,100 CNY (lowest average) to 59,900 CNY (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 Shenzhen 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
Accounting and Finance | |
Account Examiner | 15,300 CNY |
Account Executive | 26,300 CNY |
Accountant | 20,500 CNY |
Accounting Analyst | 26,000 CNY |
|
Accounting Assistant | 16,400 CNY |
Accounting Associate | 15,800 CNY |
Accounting Clerk | 12,600 CNY |
Accounting Coordinator | 18,300 CNY |
Accounting Head | 41,700 CNY |
Accounting Manager | 43,100 CNY |
Accounting Officer | 16,000 CNY |
Accounting Specialist | 27,100 CNY |
Accounting Supervisor | 28,600 CNY |
Accounting Technician | 14,700 CNY |
Accounting Unit Controller | 36,200 CNY |
Accounts Executive | 25,600 CNY |
Accounts Officer | 16,100 CNY |
Accounts Payable and Receivable Specialist | 20,400 CNY |
Accounts Payable Assistant | 17,200 CNY |
Accounts Payable Associate | 18,500 CNY |
Accounts Payable Clerk | 15,400 CNY |
Accounts Payable Manager | 42,000 CNY |
Accounts Receivable Administrator | 29,600 CNY |
Accounts Receivable Clerk | 16,200 CNY |
Accounts Receivable Financial Analyst | 29,800 CNY |
Accounts Receivable Manager | 39,100 CNY |
Accounts Receivable Team Leader | 30,300 CNY |
Algorithmic Trading Specialist | 35,300 CNY |
Assistant Accountant | 15,500 CNY |
Assistant Accounting Manager | 39,600 CNY |
Assistant Auditor | 20,500 CNY |
Assistant Corporate Controller | 28,000 CNY |
Assistant Finance Manager | 42,500 CNY |
Assistant Financial Controller | 27,300 CNY |
Audit Director | 48,200 CNY |
Audit Supervisor | 37,300 CNY |
Auditing Clerk | 16,100 CNY |
Auditing Manager | 42,200 CNY |
Billing Clerk | 15,400 CNY |
Billing Coordinator | 18,900 CNY |
Billing Specialist | 22,200 CNY |
Billing Supervisor | 33,200 CNY |
Bookkeeper | 13,200 CNY |
Bookkeeping Specialist | 20,100 CNY |
Budget Analyst | 35,400 CNY |
Budget Manager | 43,400 CNY |
Business Support Analyst | 23,100 CNY |
Capital Markets Associate | 30,700 CNY |
Cash Flow Analyst | 32,500 CNY |
Cash Management Manager | 39,400 CNY |
Cash Management Officer | 23,400 CNY |
Cashbook Clerk | 13,900 CNY |
Chartered Accountant | 26,600 CNY |
Chief Accountant | 30,100 CNY |
Chief Financial Technology Officer | 44,300 CNY |
Collections Clerk | 12,400 CNY |
Collections Representative | 18,900 CNY |
Collections Specialist | 21,600 CNY |
Corporate Controller | 31,700 CNY |
Corporate Treasurer | 40,500 CNY |
Cost Accountant | 20,400 CNY |
Cost Accounting Manager | 43,100 CNY |
Cost Accounting Supervisor | 34,200 CNY |
Cost Analyst | 32,000 CNY |
Credit and Collection Manager | 42,100 CNY |
Credit and Collection Staff | 16,600 CNY |
Credit and Loans Officer | 14,800 CNY |
Credit Controller | 28,800 CNY |
Credit Manager | 43,800 CNY |
Debt Adviser | 34,100 CNY |
Debt Collector | 17,000 CNY |
Debtors Clerk | 14,500 CNY |
Debtors Controller | 16,000 CNY |
Deputy CFO | 54,600 CNY |
Deputy Head of Finance | 57,300 CNY |
Derivative Trader | 35,700 CNY |
Director of Finance | 59,700 CNY |
E-commerce Accountant | 20,700 CNY |
Economist | 48,900 CNY |
Equity Analyst | 37,600 CNY |
Escrow Assistant | 19,200 CNY |
Executive Accountant | 24,600 CNY |
External Auditor | 29,100 CNY |
Finance Administrator | 25,300 CNY |
Finance Analyst | 39,300 CNY |
Finance Associate | 17,500 CNY |
Finance Data Analyst | 33,400 CNY |
Finance Director | 60,600 CNY |
Finance Executive | 44,100 CNY |
Finance Licensing Clerk | 15,300 CNY |
Finance Licensing Manager | 41,400 CNY |
Finance Licensing Specialist | 21,700 CNY |
Finance Manager | 58,900 CNY |
Finance Officer | 20,700 CNY |
Finance President | 63,400 CNY |
Finance Relationship Manager | 48,900 CNY |
Finance Release Analyst | 23,100 CNY |
Finance Specialist | 35,600 CNY |
Finance Team Leader | 45,900 CNY |
Financial Accountant | 21,500 CNY |
Financial Actuary | 32,600 CNY |
Financial Administrator | 34,000 CNY |
Financial Advisor | 36,100 CNY |
Financial Analyst | 39,500 CNY |
Financial Applications Specialist | 25,000 CNY |
Financial Assistant | 16,500 CNY |
Financial Associate | 17,400 CNY |
Financial Associate | 19,500 CNY |
Financial Claims Analyst | 28,800 CNY |
Financial Claims Manager | 39,000 CNY |
Financial Claims Supervisor | 33,500 CNY |
Financial Clerk | 16,400 CNY |
Financial Commercial Analyst | 30,200 CNY |
Financial Compliance Analyst | 33,000 CNY |
Financial Compliance Officer | 33,500 CNY |
Financial Consultant | 28,000 CNY |
Financial Controller | 33,300 CNY |
Financial Controller | 34,100 CNY |
Financial Coordinator | 19,600 CNY |
Financial Customer Service Manager | 39,300 CNY |
Financial Data Scientist | 40,200 CNY |
Financial Dealer and Broker | 23,200 CNY |
Financial Director | 59,100 CNY |
Financial Encoder | 18,300 CNY |
Financial Manager | 59,100 CNY |
Financial Manager | 55,500 CNY |
Financial Modelling Analyst | 36,000 CNY |
Financial Operations Manager | 53,900 CNY |
Financial Policy Analyst | 31,600 CNY |
Financial Project Manager | 44,700 CNY |
Financial Quantitative Analyst | 34,200 CNY |
Financial Reporting Consultant | 31,400 CNY |
Financial Reporting Manager | 38,900 CNY |
Financial Section Head | 40,700 CNY |
Financial Services Manager | 55,000 CNY |
Financial Services Sales Agent | 23,000 CNY |
Financial Technology Consultant | 32,300 CNY |
Financial Wellness Coach | 43,000 CNY |
FinTech Analyst | 37,000 CNY |
Fixed Assets Administrator | 22,000 CNY |
Forensic Accountant | 24,700 CNY |
Fraud Detection Supervisor | 24,500 CNY |
Fraud Prevention Manager | 41,600 CNY |
Fund Accountant | 20,000 CNY |
Grants Coordinator | 16,200 CNY |
Green Finance Analyst | 31,800 CNY |
Group Financial Manager | 60,300 CNY |
Internal Auditor | 28,400 CNY |
Internal Control Adviser | 31,300 CNY |
Internal Control Officer | 17,800 CNY |
International Tax Director | 49,000 CNY |
Inventory Accountant | 22,500 CNY |
Investment Advisor | 57,100 CNY |
Investment Analyst | 43,100 CNY |
Investment Associate | 35,800 CNY |
Investment Broker | 33,900 CNY |
Investment Fund Manager | 48,600 CNY |
Investment Operations Manager | 46,200 CNY |
Investment Underwriter | 17,100 CNY |
Investor | 26,400 CNY |
Investor Relations Manager | 42,100 CNY |
KYC Team Leader | 41,400 CNY |
Loan Processor | 17,100 CNY |
Management Accountant | 22,200 CNY |
Management Economist | 48,700 CNY |
Paymaster | 16,900 CNY |
Payroll Administrator | 27,000 CNY |
Payroll Benefits Coordinator | 22,400 CNY |
Payroll Billing Manager | 37,900 CNY |
Payroll Clerk | 18,300 CNY |
Payroll Manager | 39,300 CNY |
Payroll Officer | 18,500 CNY |
Payroll Specialist | 22,600 CNY |
Payroll Supervisor | 25,400 CNY |
Pensions Administrator | 22,100 CNY |
Personal Financial Advisor | 32,100 CNY |
Pricing Analyst | 35,600 CNY |
Private Equity Analyst | 36,600 CNY |
Project Accountant | 22,700 CNY |
Proposal Development Coordinator | 18,600 CNY |
Quantitative Trader | 31,200 CNY |
Receivables Accountant | 19,600 CNY |
Regulatory Accountant | 23,900 CNY |
Retirement Plan Analyst | 31,700 CNY |
Revenue Management Specialist | 33,800 CNY |
Revenue Recognition Analyst | 37,000 CNY |
Risk Management Director | 52,400 CNY |
Risk Management Supervisor | 39,900 CNY |
Staff Accountant | 20,400 CNY |
Tax Accountant | 20,500 CNY |
Tax Administrator | 22,100 CNY |
Tax Advisor | 32,000 CNY |
Tax Analyst | 32,700 CNY |
Tax Associate | 17,100 CNY |
Tax Consultant | 34,800 CNY |
Tax Director | 46,900 CNY |
Tax Examiner | 21,200 CNY |
Tax Manager | 42,200 CNY |
Tax Research Manager | 43,200 CNY |
Teller | 12,900 CNY |
Treasury Accountant | 21,800 CNY |
Treasury Analyst | 33,300 CNY |
Underwriter | 15,200 CNY |
Underwriting Assistant | 13,200 CNY |
Vice President of Finance | 54,600 CNY |
Accounting and Finance Jobs Pay Scale and Salaries in Shenzhen
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/china/guangdong/shenzhen/accounting-and-finance/median-and-salary-distribution-monthly-shenzhen-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
31,200 CNY or more
10% of people earn
26,400 to 31,200 CNY
20% of people earn
15,900 CNY or less
65% of people earn
15,900 to 26,400 CNY
Minimum Salary 12,100 CNY |
Median 27,400 CNY |
Maximum 59,900 CNY |
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 Shenzhen range from 12,100 CNY (starting average salary) to 59,900 CNY (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 27,400 CNY, implying that half of the workforce in Shenzhen 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 Shenzhen earn less than 21,400 CNY, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 33,000 CNY, 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 Shenzhen. The analysis revealed that roughly 65% of all reported salaries fell within the range of 15,900 CNY to 26,400 CNY. Approximately 20% of salaries were below the 15,900 CNY mark, while 10% ranged from 26,400 CNY to 31,200 CNY. Only 5% of individuals earned a gross salary of 31,200 CNY or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg 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 Shenzhen 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. ”
Salary Comparison By Education
How does the education level affect your salary?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg 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 Shenzhen, 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 China costs anywhere from 147,000 CNY to 441,000 CNY 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 / Shenzhen
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/china/accounting-and-finance/salary-comparison-by-gender-monthly-china-accounting-and-finance.jpg 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 China, the average difference between the salary of male and female employees is 6%.
Male | | 31,200 CNY |
Female | -5% | 29,500 CNY |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in China for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/china/salary-comparison-by-gender-monthly-china.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Shenzhen
How much are annual salary increments in Shenzhen for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in China are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/china/accounting-and-finance/annual-salary-increment-rate-china-accounting-and-finance.jpg 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.
China / All Professions
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/china/annual-salary-increment-rate-china.jpg 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 China is 7%.”
Worldwide Salary Raises: All Countries and All Jobs
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg 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 / China
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/china/accounting-and-finance/annual-salary-bonus-rate-china-accounting-and-finance.jpg
100% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
Received Bonus | | % |
No Bonus | | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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 / Shenzhen
170 CNY
per hour The average hourly wage (pay per hour) in Accounting and Finance in Shenzhen is 170 CNY.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 Shenzhen is 70 CNY. 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
Dongguan | 27,400 CNY |
Foshan | 27,100 CNY |
Guangzhou | 33,600 CNY |
Shantou | 29,700 CNY |
Shenzhen | 30,100 CNY |
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 China is 6% on average across all career fields.
Private Sector | | 28,600 CNY |
Public Sector | +6% | 30,300 CNY |
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 Shenzhen?
A good and competitive compensation would range anywhere between 27,400 CNY and 33,000 CNY. 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 Shenzhen ranges from 12,100 CNY to 21,400 CNY. 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