How much money does a person working in Accounting and Finance make in Kyiv?
Average Monthly Salary
25,900 UAH
( 311,000 UAH yearly)
LOW
10,400
UAH
AVERAGE
25,900
UAH
HIGH
51,600
UAH
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 Kyiv typically earns around 25,900 UAH. Salaries range from 10,400 UAH (lowest average) to 51,600 UAH (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 Kyiv 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 | 13,900 UAH |
Account Executive | 22,100 UAH |
Accountant | 18,100 UAH |
Accounting Analyst | 21,300 UAH |
|
Accounting Assistant | 14,300 UAH |
Accounting Associate | 13,600 UAH |
Accounting Clerk | 11,000 UAH |
Accounting Coordinator | 16,700 UAH |
Accounting Head | 34,900 UAH |
Accounting Manager | 37,200 UAH |
Accounting Officer | 13,100 UAH |
Accounting Specialist | 24,300 UAH |
Accounting Supervisor | 24,300 UAH |
Accounting Technician | 13,200 UAH |
Accounting Unit Controller | 29,500 UAH |
Accounts Executive | 23,400 UAH |
Accounts Officer | 14,200 UAH |
Accounts Payable and Receivable Specialist | 18,500 UAH |
Accounts Payable Assistant | 14,600 UAH |
Accounts Payable Associate | 15,800 UAH |
Accounts Payable Clerk | 13,200 UAH |
Accounts Payable Manager | 35,600 UAH |
Accounts Receivable Administrator | 27,500 UAH |
Accounts Receivable Clerk | 13,600 UAH |
Accounts Receivable Financial Analyst | 25,300 UAH |
Accounts Receivable Manager | 36,100 UAH |
Accounts Receivable Team Leader | 25,500 UAH |
Algorithmic Trading Specialist | 32,000 UAH |
Assistant Accountant | 14,500 UAH |
Assistant Accounting Manager | 33,200 UAH |
Assistant Auditor | 18,500 UAH |
Assistant Corporate Controller | 25,500 UAH |
Assistant Finance Manager | 37,500 UAH |
Assistant Financial Controller | 25,100 UAH |
Audit Director | 43,000 UAH |
Audit Supervisor | 33,100 UAH |
Auditing Clerk | 14,200 UAH |
Auditing Manager | 36,200 UAH |
Billing Clerk | 14,300 UAH |
Billing Coordinator | 15,700 UAH |
Billing Specialist | 19,300 UAH |
Billing Supervisor | 27,900 UAH |
Bookkeeper | 12,200 UAH |
Bookkeeping Specialist | 18,000 UAH |
Budget Analyst | 32,300 UAH |
Budget Manager | 35,500 UAH |
Business Support Analyst | 20,800 UAH |
Capital Markets Associate | 26,800 UAH |
Cash Flow Analyst | 26,400 UAH |
Cash Management Manager | 35,100 UAH |
Cash Management Officer | 20,700 UAH |
Cashbook Clerk | 12,200 UAH |
Chartered Accountant | 23,300 UAH |
Chief Accountant | 25,900 UAH |
Chief Financial Technology Officer | 37,700 UAH |
Collections Clerk | 11,500 UAH |
Collections Representative | 15,900 UAH |
Collections Specialist | 18,200 UAH |
Corporate Controller | 28,200 UAH |
Corporate Treasurer | 34,100 UAH |
Cost Accountant | 17,400 UAH |
Cost Accounting Manager | 36,000 UAH |
Cost Accounting Supervisor | 28,500 UAH |
Cost Analyst | 29,300 UAH |
Credit and Collection Manager | 34,400 UAH |
Credit and Collection Staff | 14,000 UAH |
Credit and Loans Officer | 13,500 UAH |
Credit Controller | 24,900 UAH |
Credit Manager | 39,400 UAH |
Debt Adviser | 31,200 UAH |
Debt Collector | 14,000 UAH |
Debtors Clerk | 13,000 UAH |
Debtors Controller | 13,100 UAH |
Deputy CFO | 48,700 UAH |
Deputy Head of Finance | 50,200 UAH |
Derivative Trader | 30,200 UAH |
Director of Finance | 55,900 UAH |
E-commerce Accountant | 18,100 UAH |
Economist | 43,000 UAH |
Equity Analyst | 31,800 UAH |
Escrow Assistant | 15,500 UAH |
Executive Accountant | 21,000 UAH |
External Auditor | 24,800 UAH |
Finance Administrator | 21,000 UAH |
Finance Analyst | 33,500 UAH |
Finance Associate | 15,900 UAH |
Finance Data Analyst | 28,100 UAH |
Finance Director | 54,600 UAH |
Finance Executive | 37,500 UAH |
Finance Licensing Clerk | 12,800 UAH |
Finance Licensing Manager | 34,500 UAH |
Finance Licensing Specialist | 19,800 UAH |
Finance Manager | 52,600 UAH |
Finance Officer | 17,200 UAH |
Finance President | 55,900 UAH |
Finance Relationship Manager | 40,500 UAH |
Finance Release Analyst | 21,200 UAH |
Finance Specialist | 28,500 UAH |
Finance Team Leader | 41,600 UAH |
Financial Accountant | 17,600 UAH |
Financial Actuary | 28,000 UAH |
Financial Administrator | 30,500 UAH |
Financial Advisor | 31,800 UAH |
Financial Analyst | 34,200 UAH |
Financial Applications Specialist | 22,400 UAH |
Financial Assistant | 14,600 UAH |
Financial Associate | 14,000 UAH |
Financial Associate | 17,000 UAH |
Financial Claims Analyst | 25,100 UAH |
Financial Claims Manager | 33,600 UAH |
Financial Claims Supervisor | 28,700 UAH |
Financial Clerk | 13,200 UAH |
Financial Commercial Analyst | 26,700 UAH |
Financial Compliance Analyst | 29,300 UAH |
Financial Compliance Officer | 28,000 UAH |
Financial Consultant | 24,500 UAH |
Financial Controller | 29,900 UAH |
Financial Controller | 29,300 UAH |
Financial Coordinator | 16,900 UAH |
Financial Customer Service Manager | 31,800 UAH |
Financial Data Scientist | 33,400 UAH |
Financial Dealer and Broker | 20,200 UAH |
Financial Director | 53,500 UAH |
Financial Encoder | 14,900 UAH |
Financial Manager | 48,300 UAH |
Financial Manager | 48,500 UAH |
Financial Modelling Analyst | 32,700 UAH |
Financial Operations Manager | 44,800 UAH |
Financial Policy Analyst | 27,700 UAH |
Financial Project Manager | 37,300 UAH |
Financial Quantitative Analyst | 30,200 UAH |
Financial Reporting Consultant | 26,700 UAH |
Financial Reporting Manager | 34,100 UAH |
Financial Section Head | 35,000 UAH |
Financial Services Manager | 44,800 UAH |
Financial Services Sales Agent | 20,000 UAH |
Financial Technology Consultant | 29,100 UAH |
Financial Wellness Coach | 38,500 UAH |
FinTech Analyst | 29,600 UAH |
Fixed Assets Administrator | 18,300 UAH |
Forensic Accountant | 20,400 UAH |
Fraud Detection Supervisor | 21,800 UAH |
Fraud Prevention Manager | 36,600 UAH |
Fund Accountant | 17,400 UAH |
Grants Coordinator | 14,000 UAH |
Green Finance Analyst | 27,900 UAH |
Group Financial Manager | 54,300 UAH |
Internal Auditor | 24,000 UAH |
Internal Control Adviser | 27,800 UAH |
Internal Control Officer | 15,600 UAH |
International Tax Director | 41,700 UAH |
Inventory Accountant | 18,800 UAH |
Investment Advisor | 49,500 UAH |
Investment Analyst | 37,100 UAH |
Investment Associate | 30,700 UAH |
Investment Broker | 28,900 UAH |
Investment Fund Manager | 41,400 UAH |
Investment Operations Manager | 39,000 UAH |
Investment Underwriter | 16,000 UAH |
Investor | 23,100 UAH |
Investor Relations Manager | 36,600 UAH |
KYC Team Leader | 36,300 UAH |
Loan Processor | 14,300 UAH |
Management Accountant | 19,600 UAH |
Management Economist | 42,400 UAH |
Paymaster | 14,900 UAH |
Payroll Administrator | 24,500 UAH |
Payroll Benefits Coordinator | 19,300 UAH |
Payroll Billing Manager | 32,400 UAH |
Payroll Clerk | 16,400 UAH |
Payroll Manager | 31,600 UAH |
Payroll Officer | 15,700 UAH |
Payroll Specialist | 19,100 UAH |
Payroll Supervisor | 22,400 UAH |
Pensions Administrator | 19,300 UAH |
Personal Financial Advisor | 26,400 UAH |
Pricing Analyst | 28,700 UAH |
Private Equity Analyst | 33,600 UAH |
Project Accountant | 19,900 UAH |
Proposal Development Coordinator | 16,200 UAH |
Quantitative Trader | 26,200 UAH |
Receivables Accountant | 16,400 UAH |
Regulatory Accountant | 20,700 UAH |
Retirement Plan Analyst | 28,200 UAH |
Revenue Management Specialist | 29,700 UAH |
Revenue Recognition Analyst | 33,300 UAH |
Risk Management Director | 44,800 UAH |
Risk Management Supervisor | 37,400 UAH |
Staff Accountant | 17,500 UAH |
Tax Accountant | 17,200 UAH |
Tax Administrator | 19,500 UAH |
Tax Advisor | 28,000 UAH |
Tax Analyst | 28,400 UAH |
Tax Associate | 15,700 UAH |
Tax Consultant | 30,000 UAH |
Tax Director | 40,100 UAH |
Tax Examiner | 19,100 UAH |
Tax Manager | 35,500 UAH |
Tax Research Manager | 36,000 UAH |
Teller | 10,700 UAH |
Treasury Accountant | 18,900 UAH |
Treasury Analyst | 30,800 UAH |
Underwriter | 12,700 UAH |
Underwriting Assistant | 12,100 UAH |
Vice President of Finance | 48,400 UAH |
Accounting and Finance Jobs Pay Scale and Salaries in Kyiv
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/ukraine/kyiv/accounting-and-finance/median-and-salary-distribution-monthly-kyiv-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
26,400 UAH or more
10% of people earn
22,300 to 26,400 UAH
20% of people earn
13,400 UAH or less
65% of people earn
13,400 to 22,300 UAH
Minimum Salary 10,400 UAH |
Median 23,100 UAH |
Maximum 51,600 UAH |
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 Kyiv range from 10,400 UAH (starting average salary) to 51,600 UAH (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 23,100 UAH, implying that half of the workforce in Kyiv 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 Kyiv earn less than 18,100 UAH, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 27,900 UAH, 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 Kyiv. The analysis revealed that roughly 65% of all reported salaries fell within the range of 13,400 UAH to 22,300 UAH. Approximately 20% of salaries were below the 13,400 UAH mark, while 10% ranged from 22,300 UAH to 26,400 UAH. Only 5% of individuals earned a gross salary of 26,400 UAH 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 Kyiv 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 Kyiv, 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 Ukraine costs anywhere from 115,000 UAH to 346,000 UAH 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 / Kyiv
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/ukraine/accounting-and-finance/salary-comparison-by-gender-monthly-ukraine-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 Ukraine, the average difference between the salary of male and female employees is 14%.
Male | | 25,500 UAH |
Female | -13% | 22,300 UAH |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Ukraine for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/ukraine/salary-comparison-by-gender-monthly-ukraine.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Kyiv
How much are annual salary increments in Kyiv for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in Ukraine are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/ukraine/accounting-and-finance/annual-salary-increment-rate-ukraine-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.
Ukraine / All Professions
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/ukraine/annual-salary-increment-rate-ukraine.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 Ukraine is 5%.”
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 / Ukraine
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/ukraine/accounting-and-finance/annual-salary-bonus-rate-ukraine-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 / Kyiv
150 UAH
per hour The average hourly wage (pay per hour) in Accounting and Finance in Kyiv is 150 UAH.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 Kyiv is 60 UAH. 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
Kyiv | 25,900 UAH |
Lviv | 24,700 UAH |
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 Ukraine is 7% on average across all career fields.
Private Sector | | 22,100 UAH |
Public Sector | +7% | 23,700 UAH |
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 Kyiv?
A good and competitive compensation would range anywhere between 23,100 UAH and 27,900 UAH. 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 Kyiv ranges from 10,400 UAH to 18,100 UAH. 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