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Accounting and Finance Average Salaries in Doha 2024

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


Average Monthly Salary
17,000 QAR
( 204,000 QAR yearly)

LOW
6,820
QAR
AVERAGE
17,000
QAR
HIGH
33,900
QAR
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 Doha typically earns around 17,000 QAR. Salaries range from 6,820 QAR (lowest average) to 33,900 QAR (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 Doha 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

Job TitleAverage Salary
Accounting and Finance
Account Examiner8,910 QAR
Account Executive14,400 QAR
Accountant11,500 QAR
Accounting Analyst14,800 QAR
Accounting Assistant9,240 QAR
Accounting Associate8,280 QAR
Accounting Clerk7,130 QAR
Accounting Coordinator10,700 QAR
Accounting Head22,800 QAR
Accounting Manager24,400 QAR
Accounting Officer9,120 QAR
Accounting Specialist15,500 QAR
Accounting Supervisor16,600 QAR
Accounting Technician7,870 QAR
Accounting Unit Controller20,600 QAR
Accounts Executive14,900 QAR
Accounts Officer9,160 QAR
Accounts Payable and Receivable Specialist12,400 QAR
Accounts Payable Assistant9,600 QAR
Accounts Payable Associate10,700 QAR
Accounts Payable Clerk8,740 QAR
Accounts Payable Manager23,800 QAR
Accounts Receivable Administrator18,100 QAR
Accounts Receivable Clerk9,160 QAR
Accounts Receivable Financial Analyst16,900 QAR
Accounts Receivable Manager22,200 QAR
Accounts Receivable Team Leader18,100 QAR
Algorithmic Trading Specialist21,400 QAR
Assistant Accountant9,200 QAR
Assistant Accounting Manager21,100 QAR
Assistant Auditor12,200 QAR
Assistant Corporate Controller16,100 QAR
Assistant Finance Manager24,600 QAR
Assistant Financial Controller15,700 QAR
Audit Director26,100 QAR
Audit Supervisor21,300 QAR
Auditing Clerk9,160 QAR
Auditing Manager24,200 QAR
Billing Clerk9,420 QAR
Billing Coordinator10,400 QAR
Billing Specialist13,000 QAR
Billing Supervisor17,300 QAR
Bookkeeper7,610 QAR
Bookkeeping Specialist10,700 QAR
Budget Analyst20,400 QAR
Budget Manager25,000 QAR
Business Support Analyst13,800 QAR
Capital Markets Associate18,400 QAR
Cash Flow Analyst16,900 QAR
Cash Management Manager22,800 QAR
Cash Management Officer13,500 QAR
Cashbook Clerk8,120 QAR
Chartered Accountant15,400 QAR
Chief Accountant17,300 QAR
Chief Financial Technology Officer24,800 QAR
Collections Clerk6,950 QAR
Collections Representative9,820 QAR
Collections Specialist12,600 QAR
Corporate Controller18,600 QAR
Corporate Treasurer23,500 QAR
Cost Accountant12,000 QAR
Cost Accounting Manager22,700 QAR
Cost Accounting Supervisor18,400 QAR
Cost Analyst18,600 QAR
Credit and Collection Manager24,200 QAR
Credit and Collection Staff9,420 QAR
Credit and Loans Officer8,660 QAR
Credit Controller15,600 QAR
Credit Manager25,500 QAR
Debt Adviser19,400 QAR
Debt Collector9,680 QAR
Debtors Clerk7,850 QAR
Debtors Controller9,120 QAR
Deputy CFO31,600 QAR
Deputy Head of Finance33,100 QAR
Derivative Trader20,700 QAR
Director of Finance35,500 QAR
E-commerce Accountant12,600 QAR
Economist27,900 QAR
Equity Analyst21,600 QAR
Escrow Assistant10,100 QAR
Executive Accountant13,200 QAR
External Auditor16,700 QAR
Finance Administrator13,700 QAR
Finance Analyst21,500 QAR
Finance Associate10,400 QAR
Finance Data Analyst19,900 QAR
Finance Director36,200 QAR
Finance Executive25,300 QAR
Finance Licensing Clerk8,150 QAR
Finance Licensing Manager22,100 QAR
Finance Licensing Specialist12,800 QAR
Finance Manager31,900 QAR
Finance Officer11,100 QAR
Finance President34,800 QAR
Finance Relationship Manager27,100 QAR
Finance Release Analyst13,300 QAR
Finance Specialist19,300 QAR
Finance Team Leader 26,700 QAR
Financial Accountant12,200 QAR
Financial Actuary17,800 QAR
Financial Administrator18,600 QAR
Financial Advisor21,700 QAR
Financial Analyst20,500 QAR
Financial Applications Specialist14,300 QAR
Financial Assistant9,410 QAR
Financial Associate9,300 QAR
Financial Associate11,700 QAR
Financial Claims Analyst15,100 QAR
Financial Claims Manager20,500 QAR
Financial Claims Supervisor19,500 QAR
Financial Clerk8,810 QAR
Financial Commercial Analyst17,000 QAR
Financial Compliance Analyst18,800 QAR
Financial Compliance Officer18,100 QAR
Financial Consultant16,200 QAR
Financial Controller19,000 QAR
Financial Controller19,200 QAR
Financial Coordinator10,500 QAR
Financial Customer Service Manager20,800 QAR
Financial Data Scientist21,800 QAR
Financial Dealer and Broker13,200 QAR
Financial Director35,800 QAR
Financial Encoder10,400 QAR
Financial Manager33,600 QAR
Financial Manager31,400 QAR
Financial Modelling Analyst21,500 QAR
Financial Operations Manager29,500 QAR
Financial Policy Analyst18,700 QAR
Financial Project Manager23,500 QAR
Financial Quantitative Analyst20,300 QAR
Financial Reporting Consultant17,400 QAR
Financial Reporting Manager23,100 QAR
Financial Section Head22,200 QAR
Financial Services Manager31,300 QAR
Financial Services Sales Agent12,400 QAR
Financial Technology Consultant19,300 QAR
Financial Wellness Coach23,300 QAR
FinTech Analyst20,100 QAR
Fixed Assets Administrator12,000 QAR
Forensic Accountant13,700 QAR
Fraud Detection Supervisor14,400 QAR
Fraud Prevention Manager24,300 QAR
Fund Accountant11,700 QAR
Grants Coordinator8,530 QAR
Green Finance Analyst18,100 QAR
Group Financial Manager35,200 QAR
Internal Auditor16,300 QAR
Internal Control Adviser18,300 QAR
Internal Control Officer10,400 QAR
International Tax Director28,800 QAR
Inventory Accountant12,000 QAR
Investment Advisor30,300 QAR
Investment Analyst22,900 QAR
Investment Associate19,500 QAR
Investment Broker20,000 QAR
Investment Fund Manager26,500 QAR
Investment Operations Manager27,200 QAR
Investment Underwriter10,300 QAR
Investor15,700 QAR
Investor Relations Manager22,600 QAR
KYC Team Leader23,400 QAR
Loan Processor9,460 QAR
Management Accountant13,200 QAR
Management Economist26,100 QAR
Paymaster9,520 QAR
Payroll Administrator16,000 QAR
Payroll Benefits Coordinator12,700 QAR
Payroll Billing Manager21,500 QAR
Payroll Clerk9,780 QAR
Payroll Manager21,000 QAR
Payroll Officer10,500 QAR
Payroll Specialist12,800 QAR
Payroll Supervisor15,000 QAR
Pensions Administrator11,900 QAR
Personal Financial Advisor17,800 QAR
Pricing Analyst19,100 QAR
Private Equity Analyst20,500 QAR
Project Accountant12,800 QAR
Proposal Development Coordinator9,980 QAR
Quantitative Trader17,700 QAR
Receivables Accountant10,400 QAR
Regulatory Accountant12,400 QAR
Retirement Plan Analyst18,600 QAR
Revenue Management Specialist19,800 QAR
Revenue Recognition Analyst22,700 QAR
Risk Management Director28,200 QAR
Risk Management Supervisor23,800 QAR
Staff Accountant11,100 QAR
Tax Accountant10,700 QAR
Tax Administrator12,800 QAR
Tax Advisor18,500 QAR
Tax Analyst17,100 QAR
Tax Associate9,830 QAR
Tax Consultant18,300 QAR
Tax Director27,200 QAR
Tax Examiner11,900 QAR
Tax Manager25,100 QAR
Tax Research Manager23,300 QAR
Teller6,960 QAR
Treasury Accountant12,300 QAR
Treasury Analyst18,900 QAR
Underwriter8,010 QAR
Underwriting Assistant7,710 QAR
Vice President of Finance31,900 QAR


Accounting and Finance Jobs Pay Scale and Salaries in Doha

Median and salary distribution Doha Accounting and Finance monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
17,600 QAR or more
10% of people earn
14,900 to 17,600 QAR
20% of people earn
8,990 QAR or less
65% of people earn
8,990 to 14,900 QAR
Minimum Salary
6,820 QAR
Median
15,500 QAR
Maximum
33,900 QAR




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 Doha range from 6,820 QAR (starting average salary) to 33,900 QAR (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 15,500 QAR, implying that half of the workforce in Doha 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 Doha earn less than 12,100 QAR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 18,700 QAR, 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 Doha. The analysis revealed that roughly 65% of all reported salaries fell within the range of 8,990 QAR to 14,900 QAR. Approximately 20% of salaries were below the 8,990 QAR mark, while 10% ranged from 14,900 QAR to 17,600 QAR. Only 5% of individuals earned a gross salary of 17,600 QAR or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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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 Doha 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.
* Based on the average change in salary over time. Salary variations differ from person to person.


Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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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 Doha, 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 Qatar costs anywhere from 78,700 QAR to 236,000 QAR 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 / Doha

Salary comparison by gender Qatar Accounting and Finance monthly
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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 Qatar, the average difference between the salary of male and female employees is 10%.

Male
16,900 QAR
Female-9%
15,400 QAR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Qatar for all Careers

Salary comparison by gender monthly Qatar
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Average Annual Salary Increment Percentage / Accounting and Finance / Doha

How much are annual salary increments in Doha for individuals working in Accounting and Finance? How often do employees get salary raises?

Professionals working in Accounting and Finance in Qatar 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 16 months.

Annual Salary Increment Rate Qatar Accounting and Finance
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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.

Qatar / All Professions

Annual Salary Increment Rate Qatar
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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 Qatar is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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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 / Qatar

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Qatar Accounting and Finance
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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 Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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 GeneratorsSupporting 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 / Doha


98 QAR per hour

The average hourly wage (pay per hour) in Accounting and Finance in Doha is 98 QAR.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 Doha is 39 QAR. 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

CityAverage Salary
Doha17,000 QAR

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 Qatar is 5% on average across all career fields.

Private Sector
15,300 QAR
Public Sector+5%
16,100 QAR
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 Doha?

A good and competitive compensation would range anywhere between 15,500 QAR and 18,700 QAR. 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 Doha ranges from 6,820 QAR to 12,100 QAR. 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


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