Accountant Average Salary in Lebanon 2024
How much money does a person working as Accountant make in Lebanon?
LOW
4,470,000
LBP AVERAGE
9,310,000
LBP HIGH
14,600,000
LBP
A person working as Accountant in Lebanon typically earns around 9,310,000 LBP. Salaries range from 4,470,000 LBP (lowest) to 14,600,000 LBP (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Accountant salaries in Lebanon vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Accountant Pay Scale and Salaries in Lebanon
Salary Structure and Pay Scale Comparison
8,700,000 LBP or more
7,660,000 to 8,700,000 LBP
5,390,000 LBP or less
5,390,000 to 7,660,000 LBP
 4,470,000 LBP |
8,760,000 LBP |
14,600,000 LBP |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Accountant in Lebanon range from 4,470,000 LBP (starting salary) to 14,600,000 LBP (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 8,760,000 LBP, half of the professionals who work as Accountant in Lebanon 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 Accountant in Lebanon earn less than 7,130,000 LBP, while 75% earn more. Similarly, the chart shows that 75% earn less than 10,000,000 LBP 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 Accountant in Lebanon compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,390,000 LBP to 7,660,000 LBP. About 20% of salaries are below the 5,390,000 LBP mark, while 10% fall within the range of 7,660,000 LBP to 8,700,000 LBP. Only 5% of individuals have salaries exceeding 8,700,000 LBP.
Salary Comparison by Years of Experience / Accountant / Lebanon
How do experience and age affect pay?
| 0 - 2 Years | 5,230,000 LBP | |
| 2 - 5 Years | +42% | 7,410,000 LBP |
| 5 - 10 Years | +31% | 9,750,000 LBP |
| 10 - 15 Years | +23% | 12,000,000 LBP |
| 15 - 20 Years | +6% | 12,700,000 LBP |
| 20+ Years | +10% | 14,000,000 LBP |
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 Accountant and this is what we found.
Employees with less than two years of experience earn approximately 5,230,000 LBP.
While someone with an experience level between two and five years is expected to earn 7,410,000 LBP, 42% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 9,750,000 LBP, 31% 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 12,000,000 LBP, 23% 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 12,700,000 LBP, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 14,000,000 LBP, 10% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Accountant / Lebanon
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Accountant.
| High School | 6,500,000 LBP | |
| Certificate or Diploma | +16% | 7,510,000 LBP |
| Bachelor's Degree | +46% | 11,000,000 LBP |
| Master's Degree | +23% | 13,500,000 LBP |
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 Accountant in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 6,500,000 LBP.
Level 2: Certificate or Diploma
At this level, the average salary becomes 7,510,000 LBP, 16% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 11,000,000 LBP, 46% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 13,500,000 LBP, 23% 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 Lebanon costs anywhere from 65,400,000 LBP to 196,000,000 LBP 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 and Compensation Comparison By Gender / Accountant / Lebanon
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 Accountant in Lebanon, the average difference between the salary of male and female employees is 10%.
| Male | 9,910,000 LBP | |
| Female | -9% | 9,040,000 LBP |
Salary Comparison By Gender in Lebanon for all Careers
Average Annual Salary Increment Percentage / Accountant / Lebanon
How much are annual salary increments in Lebanon for individuals working as Accountant? How often do employees get salary raises?
Individuals working as Accountant in Lebanon are likely to observe a salary increase of approximately 10% every 19 months. The national average annual increment for all professions combined is 7% granted to employees every 20 months.
Lebanon / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 / Accountant / Lebanon
How much and how often are bonuses being awarded?
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47% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 53% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
| Received Bonus | 53% | |
| No Bonus | 47% |
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: | Example: |
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.
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 / Accountant / Lebanon
53,700 LBP per hourThe average hourly wage (pay per hour) for individuals working as Accountant in Lebanon is 53,700 LBP.This is the rate they get paid for every worked hour.
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 Accountant in Lebanon is 25,800 LBP. 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 Title | Average Salary |
| Accounting and Finance |  -100% | |
| Account Examiner | 6,710,000 LBP | -28% |
| Account Executive | 12,300,000 LBP |  +32% |
| Accountant | 9,310,000 LBP | -0% |
| Accounting Analyst | 11,400,000 LBP | +22% |
| Accounting Assistant | 7,420,000 LBP | -20% |
| Accounting Associate | 7,100,000 LBP | -24% |
| Accounting Clerk | 5,700,000 LBP | -39% |
| Accounting Coordinator | 8,050,000 LBP | -14% |
| Accounting Head | 19,400,000 LBP | +110% |
| Accounting Manager | 19,400,000 LBP | +110% |
| Accounting Officer | 7,010,000 LBP | -25% |
| Accounting Specialist | 13,100,000 LBP | +41% |
| Accounting Supervisor | 12,800,000 LBP | +37% |
| Accounting Technician | 6,760,000 LBP | -27% |
| Accounting Unit Controller | 15,800,000 LBP | +70% |
| Accounts Executive | 12,500,000 LBP | +34% |
| Accounts Officer | 7,700,000 LBP | -17% |
| Accounts Payable and Receivable Specialist | 9,410,000 LBP | +1% |
| Accounts Payable Assistant | 7,300,000 LBP | -22% |
| Accounts Payable Associate | 8,280,000 LBP | -11% |
| Accounts Payable Clerk | 6,920,000 LBP | -26% |
| Accounts Payable Manager | 18,700,000 LBP | +100% |
| Accounts Receivable Administrator | 13,100,000 LBP | +41% |
| Accounts Receivable Clerk | 7,180,000 LBP | -23% |
| Accounts Receivable Financial Analyst | 13,300,000 LBP | +43% |
| Accounts Receivable Manager | 19,100,000 LBP | +110% |
| Accounts Receivable Team Leader | 13,500,000 LBP | +45% |
| Algorithmic Trading Specialist | 16,300,000 LBP | +75% |
| Assistant Accountant | 6,890,000 LBP | -26% |
| Assistant Accounting Manager | 18,400,000 LBP | +98% |
| Assistant Auditor | 8,950,000 LBP | -4% |
| Assistant Corporate Controller | 12,900,000 LBP | +39% |
| Assistant Finance Manager | 19,300,000 LBP | +110% |
| Assistant Financial Controller | 12,700,000 LBP | +36% |
| Audit Director | 21,000,000 LBP | +130% |
| Audit Supervisor | 17,900,000 LBP | +92% |
| Auditing Clerk | 7,700,000 LBP | -17% |
| Auditing Manager | 19,900,000 LBP | +110% |
| Billing Clerk | 6,850,000 LBP | -26% |
| Billing Coordinator | 8,340,000 LBP | -10% |
| Billing Specialist | 9,530,000 LBP | +2% |
| Billing Supervisor | 14,000,000 LBP | +50% |
| Bookkeeper | 6,150,000 LBP | -34% |
| Bookkeeping Specialist | 9,220,000 LBP | -1% |
| Budget Analyst | 16,400,000 LBP | +76% |
| Budget Manager | 20,000,000 LBP | +110% |
| Business Support Analyst | 10,100,000 LBP | +8% |
| Capital Markets Associate | 14,600,000 LBP | +57% |
| Cash Flow Analyst | 14,900,000 LBP | +60% |
| Cash Management Manager | 18,000,000 LBP | +93% |
| Cash Management Officer | 10,700,000 LBP | +15% |
| Cashbook Clerk | 6,620,000 LBP | -29% |
| Chartered Accountant | 12,100,000 LBP | +30% |
| Chief Accountant | 14,200,000 LBP | +53% |
| Chief Financial Technology Officer | 18,800,000 LBP | +100% |
| Collections Clerk | 5,790,000 LBP | -38% |
| Collections Representative | 7,980,000 LBP | -14% |
| Collections Specialist | 9,610,000 LBP | +3% |
| Corporate Controller | 15,200,000 LBP | +63% |
| Corporate Treasurer | 18,000,000 LBP | +93% |
| Cost Accountant | 9,600,000 LBP | +3% |
| Cost Accounting Manager | 19,100,000 LBP | +110% |
| Cost Accounting Supervisor | 15,100,000 LBP | +62% |
| Cost Analyst | 15,600,000 LBP | +68% |
| Credit and Collection Manager | 19,400,000 LBP | +110% |
| Credit and Collection Staff | 7,390,000 LBP | -21% |
| Credit and Loans Officer | 6,510,000 LBP | -30% |
| Credit Controller | 13,600,000 LBP | +46% |
| Credit Manager | 19,100,000 LBP | +110% |
| Debt Adviser | 15,000,000 LBP | +61% |
| Debt Collector | 7,470,000 LBP | -20% |
| Debtors Clerk | 6,310,000 LBP | -32% |
| Debtors Controller | 7,010,000 LBP | -25% |
| Deputy CFO | 25,000,000 LBP | +170% |
| Deputy Head of Finance | 26,000,000 LBP | +180% |
| Derivative Trader | 15,900,000 LBP | +71% |
| Director of Finance | 26,600,000 LBP | +190% |
| E-commerce Accountant | 9,370,000 LBP | +1% |
| Economist | 21,100,000 LBP | +130% |
| Equity Analyst | 15,900,000 LBP | +71% |
| Escrow Assistant | 8,370,000 LBP | -10% |
| Executive Accountant | 11,000,000 LBP | +18% |
| External Auditor | 13,700,000 LBP | +47% |
| Finance Administrator | 11,200,000 LBP | +20% |
| Finance Analyst | 16,700,000 LBP | +79% |
| Finance Associate | 8,470,000 LBP | -9% |
| Finance Data Analyst | 14,800,000 LBP | +59% |
| Finance Director | 26,500,000 LBP | +180% |
| Finance Executive | 20,700,000 LBP | +120% |
| Finance Licensing Clerk | 7,130,000 LBP | -23% |
| Finance Licensing Manager | 17,400,000 LBP | +87% |
| Finance Licensing Specialist | 10,100,000 LBP | +8% |
| Finance Manager | 25,600,000 LBP | +170% |
| Finance Officer | 8,700,000 LBP | -7% |
| Finance President | 28,800,000 LBP | +210% |
| Finance Relationship Manager | 21,600,000 LBP | +130% |
| Finance Release Analyst | 10,700,000 LBP | +15% |
| Finance Specialist | 15,400,000 LBP | +65% |
| Finance Team Leader | 20,100,000 LBP | +120% |
| Financial Accountant | 9,420,000 LBP | +1% |
| Financial Actuary | 13,900,000 LBP | +49% |
| Financial Administrator | 15,600,000 LBP | +68% |
| Financial Advisor | 17,300,000 LBP | +86% |
| Financial Analyst | 16,900,000 LBP | +82% |
| Financial Applications Specialist | 12,000,000 LBP | +29% |
| Financial Assistant | 7,900,000 LBP | -15% |
| Financial Associate | 9,250,000 LBP | -1% |
| Financial Claims Analyst | 13,000,000 LBP | +40% |
| Financial Claims Manager | 17,500,000 LBP | +88% |
| Financial Claims Supervisor | 15,000,000 LBP | +61% |
| Financial Clerk | 7,510,000 LBP | -19% |
| Financial Commercial Analyst | 13,800,000 LBP | +48% |
| Financial Compliance Analyst | 15,800,000 LBP | +70% |
| Financial Compliance Officer | 14,800,000 LBP | +59% |
| Financial Consultant | 12,700,000 LBP | +36% |
| Financial Controller | 14,400,000 LBP | +55% |
| Financial Coordinator | 8,800,000 LBP | -5% |
| Financial Customer Service Manager | 17,100,000 LBP | +84% |
| Financial Data Scientist | 17,700,000 LBP | +90% |
| Financial Dealer and Broker | 9,980,000 LBP | +7% |
| Financial Director | 27,200,000 LBP | +190% |
| Financial Encoder | 8,020,000 LBP | -14% |
| Financial Manager | 25,100,000 LBP | +170% |
| Financial Modelling Analyst | 17,500,000 LBP | +88% |
| Financial Operations Manager | 25,000,000 LBP | +170% |
| Financial Policy Analyst | 14,300,000 LBP | +54% |
| Financial Project Manager | 19,800,000 LBP | +110% |
| Financial Quantitative Analyst | 15,600,000 LBP | +68% |
| Financial Reporting Consultant | 14,000,000 LBP | +50% |
| Financial Reporting Manager | 17,700,000 LBP | +90% |
| Financial Section Head | 17,400,000 LBP | +87% |
| Financial Services Manager | 24,000,000 LBP | +160% |
| Financial Services Sales Agent | 10,400,000 LBP | +12% |
| Financial Technology Consultant | 14,100,000 LBP | +51% |
| Financial Wellness Coach | 18,700,000 LBP | +100% |
| FinTech Analyst | 16,000,000 LBP | +72% |
| Fixed Assets Administrator | 10,200,000 LBP | +10% |
| Forensic Accountant | 10,900,000 LBP | +17% |
| Fraud Detection Supervisor | 11,800,000 LBP | +27% |
| Fraud Prevention Manager | 19,900,000 LBP | +110% |
| Fund Accountant | 8,580,000 LBP | -8% |
| Grants Coordinator | 7,310,000 LBP | -21% |
| Green Finance Analyst | 13,700,000 LBP | +47% |
| Group Financial Manager | 26,400,000 LBP | +180% |
| Internal Auditor | 12,000,000 LBP | +29% |
| Internal Control Adviser | 15,000,000 LBP | +61% |
| Internal Control Officer | 8,480,000 LBP | -9% |
| International Tax Director | 23,000,000 LBP | +150% |
| Inventory Accountant | 9,480,000 LBP | +2% |
| Investment Advisor | 24,500,000 LBP | +160% |
| Investment Analyst | 18,400,000 LBP | +98% |
| Investment Associate | 15,300,000 LBP | +64% |
| Investment Broker | 16,000,000 LBP | +72% |
| Investment Fund Manager | 20,700,000 LBP | +120% |
| Investment Operations Manager | 21,600,000 LBP | +130% |
| Investment Underwriter | 8,030,000 LBP | -14% |
| Investor | 12,000,000 LBP | +29% |
| Investor Relations Manager | 19,000,000 LBP | +100% |
| KYC Team Leader | 18,800,000 LBP | +100% |
| Loan Processor | 7,570,000 LBP | -19% |
| Management Accountant | 10,100,000 LBP | +8% |
| Management Economist | 22,000,000 LBP | +140% |
| Paymaster | 7,690,000 LBP | -17% |
| Payroll Administrator | 12,500,000 LBP | +34% |
| Payroll Benefits Coordinator | 10,100,000 LBP | +8% |
| Payroll Billing Manager | 17,000,000 LBP | +83% |
| Payroll Clerk | 8,400,000 LBP | -10% |
| Payroll Manager | 17,900,000 LBP | +92% |
| Payroll Officer | 8,260,000 LBP | -11% |
| Payroll Specialist | 10,100,000 LBP | +8% |
| Payroll Supervisor | 11,500,000 LBP | +24% |
| Pensions Administrator | 10,000,000 LBP | +7% |
| Personal Financial Advisor | 14,100,000 LBP | +51% |
| Pricing Analyst | 16,300,000 LBP | +75% |
| Private Equity Analyst | 17,000,000 LBP | +83% |
| Project Accountant | 10,300,000 LBP | +11% |
| Proposal Development Coordinator | 8,400,000 LBP | -10% |
| Quantitative Trader | 13,900,000 LBP | +49% |
| Receivables Accountant | 9,120,000 LBP | -2% |
| Regulatory Accountant | 10,300,000 LBP | +11% |
| Retirement Plan Analyst | 15,200,000 LBP | +63% |
| Revenue Management Specialist | 16,100,000 LBP | +73% |
| Revenue Recognition Analyst | 17,900,000 LBP | +92% |
| Risk Management Director | 23,500,000 LBP | +150% |
| Risk Management Supervisor | 17,800,000 LBP | +91% |
| Staff Accountant | 8,690,000 LBP | -7% |
| Tax Accountant | 8,660,000 LBP | -7% |
| Tax Administrator | 10,100,000 LBP | +8% |
| Tax Advisor | 14,500,000 LBP | +56% |
| Tax Analyst | 14,800,000 LBP | +59% |
| Tax Associate | 7,940,000 LBP | -15% |
| Tax Consultant | 15,700,000 LBP | +69% |
| Tax Director | 21,000,000 LBP | +130% |
| Tax Examiner | 9,740,000 LBP | +5% |
| Tax Manager | 18,700,000 LBP | +100% |
| Tax Research Manager | 19,100,000 LBP | +110% |
| Teller | 5,680,000 LBP | -39% |
| Treasury Accountant | 9,830,000 LBP | +6% |
| Treasury Analyst | 16,300,000 LBP | +75% |
| Underwriter | 6,730,000 LBP | -28% |
| Underwriting Assistant | 6,440,000 LBP | -31% |
| Vice President of Finance | 26,200,000 LBP | +180% |
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 Lebanon is 12% on average across all career fields.
| Private Sector | 12,200,000 LBP | |
| Public Sector | +12% | 13,700,000 LBP |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Accountant in Lebanon?
A good and competitive compensation would range anywhere between 8,760,000 LBP and 10,000,000 LBP. 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 Accountant in Lebanon ranges from 4,470,000 LBP to 7,130,000 LBP. 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
