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Accounting Assistant Average Salary in Morocco 2024

How much money does a person working as Accounting Assistant make in Morocco?


Average Monthly Salary
10,500 MAD
( 126,000 MAD yearly)

LOW
4,820
MAD
AVERAGE
10,500
MAD
HIGH
16,700
MAD
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 as Accounting Assistant in Morocco typically earns around 10,500 MAD. Salaries range from 4,820 MAD (lowest) to 16,700 MAD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Accounting Assistant salaries in Morocco vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Accounting Assistant Pay Scale and Salaries in Morocco

Median and salary distribution Morocco Accounting Assistant monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
9,940 MAD or more
10% of people earn
8,710 to 9,940 MAD
20% of people earn
6,000 MAD or less
65% of people earn
6,000 to 8,710 MAD
Minimum Salary
4,820 MAD
Median
10,000 MAD
Maximum
16,700 MAD




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 for the position Accounting Assistant in Morocco range from 4,820 MAD (starting salary) to 16,700 MAD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 10,000 MAD, half of the professionals who work as Accounting Assistant in Morocco earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Accounting Assistant in Morocco earn less than 8,080 MAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 11,500 MAD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Accounting Assistant in Morocco compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 6,000 MAD to 8,710 MAD. About 20% of salaries are below the 6,000 MAD mark, while 10% fall within the range of 8,710 MAD to 9,940 MAD. Only 5% of individuals have salaries exceeding 9,940 MAD.

Salary Comparison by Years of Experience / Accounting Assistant / Morocco

How do experience and age affect pay?

0 - 2 Years
5,470 MAD
2 - 5 Years+34%
7,310 MAD
5 - 10 Years+48%
10,800 MAD
10 - 15 Years+22%
13,200 MAD
15 - 20 Years+9%
14,400 MAD
20+ Years+8%
15,500 MAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Morocco Accounting Assistant
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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. We broke down salaries by experience level for people working as Accounting Assistant and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 5,470 MAD.

While someone with an experience level between two and five years is expected to earn 7,310 MAD, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 10,800 MAD, 48% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 13,200 MAD, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 14,400 MAD, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 15,500 MAD, 8% more than people with fifteen to twenty years of experience.

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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Accounting Assistant / Morocco

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Accounting Assistant.

High School
6,720 MAD
Certificate or Diploma+18%
7,900 MAD
Bachelor's Degree+45%
11,500 MAD
Master's Degree+31%
15,000 MAD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Morocco Accounting Assistant
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Accounting Assistant in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 6,720 MAD.


Level 2: Certificate or Diploma

At this level, the average salary becomes 7,900 MAD, 18% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 11,500 MAD, 45% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 15,000 MAD, 31% more than the previous level.



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 Morocco costs anywhere from 97,400 MAD to 292,000 MAD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you 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 the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Accounting Assistant / Morocco

Salary comparison by gender Morocco Accounting Assistant 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? For the people who work as Accounting Assistant in Morocco, the average difference between the salary of male and female employees is 20%.

Male
11,400 MAD
Female-17%
9,520 MAD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Morocco for all Careers

Salary comparison by gender monthly Morocco
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Average Annual Salary Increment Percentage / Accounting Assistant / Morocco

How much are annual salary increments in Morocco for individuals working as Accounting Assistant? How often do employees get salary raises?

Individuals working as Accounting Assistant in Morocco are likely to observe a salary increase of approximately 11% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Morocco Accounting Assistant
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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.

Morocco / All Professions

Annual Salary Increment Rate Morocco
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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 Morocco is 6%.

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 Assistant / Morocco

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Morocco Accounting Assistant
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68% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 32% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
32%
No Bonus
68%

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.

Average Hourly Wage / Accounting Assistant / Morocco


60 MAD per hour

The average hourly wage (pay per hour) for individuals working as Accounting Assistant in Morocco is 60 MAD.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 as Accounting Assistant in Morocco is 28 MAD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Accounting and Finance-100%
Account Examiner10,400 MAD-1%
Account Executive18,000 MAD+72%
Accountant12,800 MAD+22%
Accounting Analyst16,300 MAD+56%
Accounting Assistant10,500 MAD+0%
Accounting Associate10,300 MAD-2%
Accounting Clerk8,270 MAD-21%
Accounting Coordinator12,400 MAD+18%
Accounting Head28,400 MAD+170%
Accounting Manager28,900 MAD+180%
Accounting Officer10,300 MAD-2%
Accounting Specialist17,900 MAD+71%
Accounting Supervisor19,600 MAD+87%
Accounting Technician9,250 MAD-12%
Accounting Unit Controller23,300 MAD+120%
Accounts Executive17,000 MAD+62%
Accounts Officer10,800 MAD+3%
Accounts Payable and Receivable Specialist13,500 MAD+29%
Accounts Payable Assistant10,900 MAD+4%
Accounts Payable Associate12,400 MAD+18%
Accounts Payable Clerk10,600 MAD+1%
Accounts Payable Manager26,600 MAD+150%
Accounts Receivable Administrator19,700 MAD+88%
Accounts Receivable Clerk10,500 MAD+0%
Accounts Receivable Financial Analyst18,900 MAD+80%
Accounts Receivable Manager26,000 MAD+150%
Accounts Receivable Team Leader20,700 MAD+97%
Algorithmic Trading Specialist23,300 MAD+120%
Assistant Accountant10,300 MAD-2%
Assistant Accounting Manager25,100 MAD+140%
Assistant Auditor13,900 MAD+33%
Assistant Corporate Controller19,000 MAD+81%
Assistant Finance Manager28,600 MAD+170%
Assistant Financial Controller18,200 MAD+74%
Audit Director30,200 MAD+190%
Audit Supervisor25,200 MAD+140%
Auditing Clerk10,800 MAD+3%
Auditing Manager28,200 MAD+170%
Billing Clerk10,300 MAD-2%
Billing Coordinator12,800 MAD+22%
Billing Specialist13,800 MAD+32%
Billing Supervisor21,500 MAD+110%
Bookkeeper8,790 MAD-16%
Bookkeeping Specialist12,600 MAD+20%
Budget Analyst24,100 MAD+130%
Budget Manager27,300 MAD+160%
Business Support Analyst15,600 MAD+49%
Capital Markets Associate20,600 MAD+97%
Cash Flow Analyst20,900 MAD+99%
Cash Management Manager25,900 MAD+150%
Cash Management Officer15,800 MAD+51%
Cashbook Clerk9,340 MAD-11%
Chartered Accountant16,600 MAD+58%
Chief Accountant20,200 MAD+93%
Chief Financial Technology Officer28,100 MAD+170%
Collections Clerk8,260 MAD-21%
Collections Representative12,300 MAD+17%
Collections Specialist13,700 MAD+31%
Corporate Controller20,900 MAD+99%
Corporate Treasurer25,700 MAD+150%
Cost Accountant13,600 MAD+30%
Cost Accounting Manager27,900 MAD+170%
Cost Accounting Supervisor21,600 MAD+110%
Cost Analyst21,200 MAD+100%
Credit and Collection Manager26,400 MAD+150%
Credit and Collection Staff10,800 MAD+3%
Credit and Loans Officer10,100 MAD-4%
Credit Controller19,800 MAD+89%
Credit Manager27,500 MAD+160%
Debt Adviser23,200 MAD+120%
Debt Collector10,700 MAD+2%
Debtors Clerk9,090 MAD-13%
Debtors Controller10,300 MAD-2%
Deputy CFO36,000 MAD+240%
Deputy Head of Finance35,700 MAD+240%
Derivative Trader24,400 MAD+130%
Director of Finance39,800 MAD+280%
E-commerce Accountant13,600 MAD+30%
Economist30,500 MAD+190%
Equity Analyst23,900 MAD+130%
Escrow Assistant12,400 MAD+18%
Executive Accountant16,000 MAD+53%
External Auditor19,900 MAD+90%
Finance Administrator16,400 MAD+56%
Finance Analyst25,600 MAD+140%
Finance Associate11,600 MAD+11%
Finance Data Analyst22,800 MAD+120%
Finance Director41,000 MAD+290%
Finance Executive30,200 MAD+190%
Finance Licensing Clerk9,680 MAD-8%
Finance Licensing Manager26,800 MAD+160%
Finance Licensing Specialist14,400 MAD+37%
Finance Manager36,900 MAD+250%
Finance Officer13,400 MAD+28%
Finance President40,600 MAD+290%
Finance Relationship Manager30,900 MAD+190%
Finance Release Analyst15,300 MAD+46%
Finance Specialist22,800 MAD+120%
Finance Team Leader 31,100 MAD+200%
Financial Accountant13,900 MAD+33%
Financial Actuary20,800 MAD+98%
Financial Administrator23,000 MAD+120%
Financial Advisor23,700 MAD+130%
Financial Analyst25,800 MAD+150%
Financial Applications Specialist16,500 MAD+57%
Financial Assistant11,100 MAD+6%
Financial Associate11,200 MAD+7%
Financial Claims Analyst18,400 MAD+76%
Financial Claims Manager25,500 MAD+140%
Financial Claims Supervisor22,400 MAD+110%
Financial Clerk10,600 MAD+1%
Financial Commercial Analyst18,900 MAD+80%
Financial Compliance Analyst22,300 MAD+110%
Financial Compliance Officer21,200 MAD+100%
Financial Consultant17,400 MAD+66%
Financial Controller21,800 MAD+110%
Financial Coordinator12,500 MAD+19%
Financial Customer Service Manager25,300 MAD+140%
Financial Data Scientist26,000 MAD+150%
Financial Dealer and Broker14,800 MAD+41%
Financial Director39,100 MAD+270%
Financial Encoder11,800 MAD+13%
Financial Manager36,400 MAD+250%
Financial Modelling Analyst23,800 MAD+130%
Financial Operations Manager34,000 MAD+220%
Financial Policy Analyst21,300 MAD+100%
Financial Project Manager29,000 MAD+180%
Financial Quantitative Analyst22,500 MAD+110%
Financial Reporting Consultant20,500 MAD+96%
Financial Reporting Manager26,200 MAD+150%
Financial Section Head25,900 MAD+150%
Financial Services Manager35,400 MAD+240%
Financial Services Sales Agent14,300 MAD+36%
Financial Technology Consultant21,800 MAD+110%
Financial Wellness Coach27,000 MAD+160%
FinTech Analyst23,700 MAD+130%
Fixed Assets Administrator13,900 MAD+33%
Forensic Accountant15,600 MAD+49%
Fraud Detection Supervisor16,100 MAD+54%
Fraud Prevention Manager28,000 MAD+170%
Fund Accountant12,400 MAD+18%
Grants Coordinator10,600 MAD+1%
Green Finance Analyst19,800 MAD+89%
Group Financial Manager37,900 MAD+260%
Internal Auditor18,000 MAD+72%
Internal Control Adviser20,600 MAD+97%
Internal Control Officer12,000 MAD+14%
International Tax Director32,700 MAD+210%
Inventory Accountant14,600 MAD+39%
Investment Advisor36,500 MAD+250%
Investment Analyst28,200 MAD+170%
Investment Associate22,800 MAD+120%
Investment Broker22,700 MAD+120%
Investment Fund Manager31,700 MAD+200%
Investment Operations Manager31,500 MAD+200%
Investment Underwriter11,400 MAD+9%
Investor17,800 MAD+70%
Investor Relations Manager26,200 MAD+150%
KYC Team Leader26,500 MAD+150%
Loan Processor11,600 MAD+11%
Management Accountant14,600 MAD+39%
Management Economist30,300 MAD+190%
Paymaster10,600 MAD+1%
Payroll Administrator18,300 MAD+75%
Payroll Benefits Coordinator15,000 MAD+43%
Payroll Billing Manager26,000 MAD+150%
Payroll Clerk11,500 MAD+10%
Payroll Manager25,200 MAD+140%
Payroll Officer11,700 MAD+12%
Payroll Specialist14,700 MAD+40%
Payroll Supervisor16,700 MAD+59%
Pensions Administrator13,800 MAD+32%
Personal Financial Advisor20,700 MAD+97%
Pricing Analyst22,900 MAD+120%
Private Equity Analyst24,900 MAD+140%
Project Accountant14,600 MAD+39%
Proposal Development Coordinator11,600 MAD+11%
Quantitative Trader20,200 MAD+93%
Receivables Accountant12,400 MAD+18%
Regulatory Accountant15,700 MAD+50%
Retirement Plan Analyst20,900 MAD+99%
Revenue Management Specialist22,800 MAD+120%
Revenue Recognition Analyst24,400 MAD+130%
Risk Management Director34,100 MAD+230%
Risk Management Supervisor26,600 MAD+150%
Staff Accountant13,000 MAD+24%
Tax Accountant13,300 MAD+27%
Tax Administrator14,900 MAD+42%
Tax Advisor19,900 MAD+90%
Tax Analyst20,900 MAD+99%
Tax Associate11,300 MAD+8%
Tax Consultant22,800 MAD+120%
Tax Director31,400 MAD+200%
Tax Examiner14,000 MAD+34%
Tax Manager28,800 MAD+170%
Tax Research Manager27,300 MAD+160%
Teller8,330 MAD-21%
Treasury Accountant14,300 MAD+36%
Treasury Analyst22,200 MAD+110%
Underwriter9,860 MAD-6%
Underwriting Assistant8,770 MAD-16%
Vice President of Finance35,900 MAD+240%

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 Morocco is 8% on average across all career fields.

Private Sector
18,600 MAD
Public Sector+8%
20,100 MAD
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 for the job title Accounting Assistant in Morocco?

A good and competitive compensation would range anywhere between 10,000 MAD and 11,500 MAD. 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 a careers like Accounting Assistant in Morocco ranges from 4,820 MAD to 8,080 MAD. 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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