Chartered Accountant Average Salary in Oslo 2024
How much money does a person working as Chartered Accountant make in Oslo?
LOW
287,000
NOK AVERAGE
586,000
NOK HIGH
914,000
NOK
A person working as Chartered Accountant in Oslo typically earns around 586,000 NOK. Salaries range from 287,000 NOK (lowest) to 914,000 NOK (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Chartered Accountant salaries in Oslo vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Chartered Accountant Pay Scale and Salaries in Oslo
Salary Structure and Pay Scale Comparison
543,000 NOK or more
480,000 to 543,000 NOK
340,000 NOK or less
340,000 to 480,000 NOK
 287,000 NOK |
546,000 NOK |
914,000 NOK |
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 Chartered Accountant in Oslo range from 287,000 NOK (starting salary) to 914,000 NOK (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 546,000 NOK, half of the professionals who work as Chartered Accountant in Oslo 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 Chartered Accountant in Oslo earn less than 447,000 NOK, while 75% earn more. Similarly, the chart shows that 75% earn less than 625,000 NOK 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 Chartered Accountant in Oslo compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 340,000 NOK to 480,000 NOK. About 20% of salaries are below the 340,000 NOK mark, while 10% fall within the range of 480,000 NOK to 543,000 NOK. Only 5% of individuals have salaries exceeding 543,000 NOK.
Salary Comparison by Years of Experience / Chartered Accountant / Oslo
How do experience and age affect pay?
| 0 - 2 Years | 340,000 NOK | |
| 2 - 5 Years | +29% | 437,000 NOK |
| 5 - 10 Years | +38% | 603,000 NOK |
| 10 - 15 Years | +24% | 748,000 NOK |
| 15 - 20 Years | +7% | 801,000 NOK |
| 20+ Years | +7% | 854,000 NOK |
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 Chartered Accountant and this is what we found.
Employees with less than two years of experience earn approximately 340,000 NOK.
While someone with an experience level between two and five years is expected to earn 437,000 NOK, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 603,000 NOK, 38% 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 748,000 NOK, 24% 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 801,000 NOK, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 854,000 NOK, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Chartered Accountant / Oslo
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Chartered Accountant.
| Certificate or Diploma | 437,000 NOK | |
| Bachelor's Degree | +34% | 588,000 NOK |
| Master's Degree | +53% | 901,000 NOK |
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 Chartered Accountant in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 437,000 NOK.
Level 2: Bachelor's Degree
At this level, the average salary becomes 588,000 NOK, 34% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 901,000 NOK, 53% 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 Norway costs anywhere from 256,000 NOK to 768,000 NOK 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 / Chartered Accountant / Oslo
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 Chartered Accountant in Norway, the average difference between the salary of male and female employees is 4%.
| Male | 572,000 NOK | |
| Female | -4% | 549,000 NOK |
Salary Comparison By Gender in Norway for all Careers
Average Annual Salary Increment Percentage / Chartered Accountant / Oslo
How much are annual salary increments in Oslo for individuals working as Chartered Accountant? How often do employees get salary raises?
Individuals working as Chartered Accountant in Norway are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
Norway / 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 / Chartered Accountant / Norway
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/norway/accounting-and-finance/chartered-accountant/annual-salary-bonus-rate-norway-chartered-accountant.jpg
100% of surveyed staff 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: | 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 / Chartered Accountant / Oslo
280 NOK per hourThe average hourly wage (pay per hour) for individuals working as Chartered Accountant in Oslo is 280 NOK.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 Chartered Accountant in Oslo is 140 NOK. 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 | 346,000 NOK | -41% |
| Account Executive | 587,000 NOK |  +0% |
| Accountant | 465,000 NOK | -21% |
| Accounting Analyst | 602,000 NOK | +3% |
| Accounting Assistant | 369,000 NOK | -37% |
| Accounting Associate | 341,000 NOK | -42% |
| Accounting Clerk | 282,000 NOK | -52% |
| Accounting Coordinator | 415,000 NOK | -29% |
| Accounting Head | 929,000 NOK | +59% |
| Accounting Manager | 954,000 NOK | +63% |
| Accounting Officer | 333,000 NOK | -43% |
| Accounting Specialist | 618,000 NOK | +6% |
| Accounting Supervisor | 671,000 NOK | +15% |
| Accounting Technician | 325,000 NOK | -45% |
| Accounting Unit Controller | 752,000 NOK | +28% |
| Accounts Executive | 584,000 NOK | -0% |
| Accounts Officer | 363,000 NOK | -38% |
| Accounts Payable and Receivable Specialist | 489,000 NOK | -17% |
| Accounts Payable Assistant | 380,000 NOK | -35% |
| Accounts Payable Associate | 438,000 NOK | -25% |
| Accounts Payable Clerk | 339,000 NOK | -42% |
| Accounts Payable Manager | 913,000 NOK | +56% |
| Accounts Receivable Administrator | 653,000 NOK | +11% |
| Accounts Receivable Clerk | 349,000 NOK | -40% |
| Accounts Receivable Financial Analyst | 648,000 NOK | +11% |
| Accounts Receivable Manager | 924,000 NOK | +58% |
| Accounts Receivable Team Leader | 687,000 NOK | +17% |
| Algorithmic Trading Specialist | 846,000 NOK | +44% |
| Assistant Accountant | 354,000 NOK | -40% |
| Assistant Accounting Manager | 904,000 NOK | +54% |
| Assistant Auditor | 448,000 NOK | -24% |
| Assistant Corporate Controller | 644,000 NOK | +10% |
| Assistant Finance Manager | 943,000 NOK | +61% |
| Assistant Financial Controller | 635,000 NOK | +8% |
| Audit Director | 1,040,000 NOK | +78% |
| Audit Supervisor | 843,000 NOK | +44% |
| Auditing Clerk | 363,000 NOK | -38% |
| Auditing Manager | 1,010,000 NOK | +72% |
| Billing Clerk | 341,000 NOK | -42% |
| Billing Coordinator | 413,000 NOK | -29% |
| Billing Specialist | 479,000 NOK | -18% |
| Billing Supervisor | 704,000 NOK | +20% |
| Bookkeeper | 308,000 NOK | -47% |
| Bookkeeping Specialist | 443,000 NOK | -24% |
| Budget Analyst | 815,000 NOK | +39% |
| Budget Manager | 989,000 NOK | +69% |
| Business Support Analyst | 505,000 NOK | -14% |
| Capital Markets Associate | 716,000 NOK | +22% |
| Cash Flow Analyst | 734,000 NOK | +25% |
| Cash Management Manager | 882,000 NOK | +51% |
| Cash Management Officer | 520,000 NOK | -11% |
| Cashbook Clerk | 302,000 NOK | -48% |
| Chartered Accountant | 586,000 NOK | +0% |
| Chief Accountant | 725,000 NOK | +24% |
| Chief Financial Technology Officer | 980,000 NOK | +67% |
| Collections Clerk | 298,000 NOK | -49% |
| Collections Representative | 401,000 NOK | -32% |
| Collections Specialist | 454,000 NOK | -22% |
| Corporate Controller | 772,000 NOK | +32% |
| Corporate Treasurer | 852,000 NOK | +45% |
| Cost Accountant | 475,000 NOK | -19% |
| Cost Accounting Manager | 898,000 NOK | +53% |
| Cost Accounting Supervisor | 767,000 NOK | +31% |
| Cost Analyst | 731,000 NOK | +25% |
| Credit and Collection Manager | 959,000 NOK | +64% |
| Credit and Collection Staff | 359,000 NOK | -39% |
| Credit and Loans Officer | 336,000 NOK | -43% |
| Credit Controller | 664,000 NOK | +13% |
| Credit Manager | 982,000 NOK | +68% |
| Debt Adviser | 798,000 NOK | +36% |
| Debt Collector | 394,000 NOK | -33% |
| Debtors Clerk | 314,000 NOK | -46% |
| Debtors Controller | 333,000 NOK | -43% |
| Deputy CFO | 1,220,000 NOK | +110% |
| Deputy Head of Finance | 1,260,000 NOK | +120% |
| Derivative Trader | 836,000 NOK | +43% |
| Director of Finance | 1,370,000 NOK | +130% |
| E-commerce Accountant | 478,000 NOK | -18% |
| Economist | 1,090,000 NOK | +86% |
| Equity Analyst | 805,000 NOK | +37% |
| Escrow Assistant | 427,000 NOK | -27% |
| Executive Accountant | 513,000 NOK | -12% |
| External Auditor | 627,000 NOK | +7% |
| Finance Administrator | 563,000 NOK | -4% |
| Finance Analyst | 808,000 NOK | +38% |
| Finance Associate | 425,000 NOK | -27% |
| Finance Data Analyst | 757,000 NOK | +29% |
| Finance Director | 1,320,000 NOK | +130% |
| Finance Executive | 950,000 NOK | +62% |
| Finance Licensing Clerk | 349,000 NOK | -40% |
| Finance Licensing Manager | 848,000 NOK | +45% |
| Finance Licensing Specialist | 488,000 NOK | -17% |
| Finance Manager | 1,280,000 NOK | +120% |
| Finance Officer | 424,000 NOK | -28% |
| Finance President | 1,340,000 NOK | +130% |
| Finance Relationship Manager | 1,060,000 NOK | +81% |
| Finance Release Analyst | 536,000 NOK | -8% |
| Finance Specialist | 764,000 NOK | +30% |
| Finance Team Leader | 1,040,000 NOK | +78% |
| Financial Accountant | 448,000 NOK | -24% |
| Financial Actuary | 746,000 NOK | +27% |
| Financial Administrator | 806,000 NOK | +38% |
| Financial Advisor | 850,000 NOK | +45% |
| Financial Analyst | 868,000 NOK | +48% |
| Financial Applications Specialist | 570,000 NOK | -3% |
| Financial Assistant | 372,000 NOK | -36% |
| Financial Associate | 454,000 NOK | -22% |
| Financial Claims Analyst | 629,000 NOK | +7% |
| Financial Claims Manager | 843,000 NOK | +44% |
| Financial Claims Supervisor | 794,000 NOK | +36% |
| Financial Clerk | 359,000 NOK | -39% |
| Financial Commercial Analyst | 688,000 NOK | +17% |
| Financial Compliance Analyst | 745,000 NOK | +27% |
| Financial Compliance Officer | 752,000 NOK | +28% |
| Financial Consultant | 615,000 NOK | +5% |
| Financial Controller | 769,000 NOK | +31% |
| Financial Coordinator | 412,000 NOK | -30% |
| Financial Customer Service Manager | 874,000 NOK | +49% |
| Financial Data Scientist | 896,000 NOK | +53% |
| Financial Dealer and Broker | 514,000 NOK | -12% |
| Financial Director | 1,420,000 NOK | +140% |
| Financial Encoder | 381,000 NOK | -35% |
| Financial Manager | 1,370,000 NOK | +130% |
| Financial Modelling Analyst | 877,000 NOK | +50% |
| Financial Operations Manager | 1,190,000 NOK | +100% |
| Financial Policy Analyst | 749,000 NOK | +28% |
| Financial Project Manager | 931,000 NOK | +59% |
| Financial Quantitative Analyst | 820,000 NOK | +40% |
| Financial Reporting Consultant | 701,000 NOK | +20% |
| Financial Reporting Manager | 923,000 NOK | +58% |
| Financial Section Head | 932,000 NOK | +59% |
| Financial Services Manager | 1,140,000 NOK | +95% |
| Financial Services Sales Agent | 489,000 NOK | -17% |
| Financial Technology Consultant | 705,000 NOK | +20% |
| Financial Wellness Coach | 932,000 NOK | +59% |
| FinTech Analyst | 794,000 NOK | +36% |
| Fixed Assets Administrator | 486,000 NOK | -17% |
| Forensic Accountant | 536,000 NOK | -8% |
| Fraud Detection Supervisor | 597,000 NOK | +2% |
| Fraud Prevention Manager | 907,000 NOK | +55% |
| Fund Accountant | 431,000 NOK | -26% |
| Grants Coordinator | 351,000 NOK | -40% |
| Green Finance Analyst | 711,000 NOK | +21% |
| Group Financial Manager | 1,350,000 NOK | +130% |
| Internal Auditor | 607,000 NOK | +4% |
| Internal Control Adviser | 762,000 NOK | +30% |
| Internal Control Officer | 387,000 NOK | -34% |
| International Tax Director | 1,140,000 NOK | +95% |
| Inventory Accountant | 462,000 NOK | -21% |
| Investment Advisor | 1,220,000 NOK | +110% |
| Investment Analyst | 917,000 NOK | +57% |
| Investment Associate | 818,000 NOK | +40% |
| Investment Broker | 790,000 NOK | +35% |
| Investment Fund Manager | 998,000 NOK | +70% |
| Investment Operations Manager | 1,060,000 NOK | +81% |
| Investment Underwriter | 386,000 NOK | -34% |
| Investor | 626,000 NOK | +7% |
| Investor Relations Manager | 893,000 NOK | +52% |
| KYC Team Leader | 933,000 NOK | +59% |
| Loan Processor | 375,000 NOK | -36% |
| Management Accountant | 531,000 NOK | -9% |
| Management Economist | 1,030,000 NOK | +76% |
| Paymaster | 384,000 NOK | -34% |
| Payroll Administrator | 602,000 NOK | +3% |
| Payroll Benefits Coordinator | 496,000 NOK | -15% |
| Payroll Billing Manager | 833,000 NOK | +42% |
| Payroll Clerk | 403,000 NOK | -31% |
| Payroll Manager | 858,000 NOK | +46% |
| Payroll Officer | 403,000 NOK | -31% |
| Payroll Specialist | 488,000 NOK | -17% |
| Payroll Supervisor | 607,000 NOK | +4% |
| Pensions Administrator | 470,000 NOK | -20% |
| Personal Financial Advisor | 692,000 NOK | +18% |
| Pricing Analyst | 778,000 NOK | +33% |
| Private Equity Analyst | 787,000 NOK | +34% |
| Project Accountant | 513,000 NOK | -12% |
| Proposal Development Coordinator | 395,000 NOK | -33% |
| Quantitative Trader | 672,000 NOK | +15% |
| Receivables Accountant | 447,000 NOK | -24% |
| Regulatory Accountant | 526,000 NOK | -10% |
| Retirement Plan Analyst | 772,000 NOK | +32% |
| Revenue Management Specialist | 737,000 NOK | +26% |
| Revenue Recognition Analyst | 872,000 NOK | +49% |
| Risk Management Director | 1,090,000 NOK | +86% |
| Risk Management Supervisor | 913,000 NOK | +56% |
| Staff Accountant | 466,000 NOK | -20% |
| Tax Accountant | 435,000 NOK | -26% |
| Tax Administrator | 491,000 NOK | -16% |
| Tax Advisor | 703,000 NOK | +20% |
| Tax Analyst | 713,000 NOK | +22% |
| Tax Associate | 397,000 NOK | -32% |
| Tax Consultant | 753,000 NOK | +29% |
| Tax Director | 1,110,000 NOK | +90% |
| Tax Examiner | 492,000 NOK | -16% |
| Tax Manager | 956,000 NOK | +63% |
| Tax Research Manager | 969,000 NOK | +65% |
| Teller | 287,000 NOK | -51% |
| Treasury Accountant | 487,000 NOK | -17% |
| Treasury Analyst | 788,000 NOK | +35% |
| Underwriter | 317,000 NOK | -46% |
| Underwriting Assistant | 302,000 NOK | -48% |
| Vice President of Finance | 1,330,000 NOK | +130% |
Salary Comparison By City
| City | Average Salary |
| Oslo | 586,000 NOK |
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 Norway is 5% on average across all career fields.
| Private Sector | 598,000 NOK | |
| Public Sector | +5% | 631,000 NOK |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Chartered Accountant in Oslo?
A good and competitive compensation would range anywhere between 546,000 NOK and 625,000 NOK. 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 Chartered Accountant in Oslo ranges from 287,000 NOK to 447,000 NOK. 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
