Accounting Clerk Average Salary in Riyadh 2024
How much money does a person working as Accounting Clerk make in Riyadh?
LOW
3,520
SAR AVERAGE
7,490
SAR HIGH
11,800
SAR
A person working as Accounting Clerk in Riyadh typically earns around 7,490 SAR. Salaries range from 3,520 SAR (lowest) to 11,800 SAR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Accounting Clerk salaries in Riyadh vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Accounting Clerk Pay Scale and Salaries in Riyadh
Salary Structure and Pay Scale Comparison
7,050 SAR or more
6,190 to 7,050 SAR
4,310 SAR or less
4,310 to 6,190 SAR
 3,520 SAR |
7,100 SAR |
11,800 SAR |
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 Accounting Clerk in Riyadh range from 3,520 SAR (starting salary) to 11,800 SAR (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 7,100 SAR, half of the professionals who work as Accounting Clerk in Riyadh 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 Clerk in Riyadh earn less than 5,750 SAR, while 75% earn more. Similarly, the chart shows that 75% earn less than 8,160 SAR 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 Clerk in Riyadh compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 4,310 SAR to 6,190 SAR. About 20% of salaries are below the 4,310 SAR mark, while 10% fall within the range of 6,190 SAR to 7,050 SAR. Only 5% of individuals have salaries exceeding 7,050 SAR.
Salary Comparison by Years of Experience / Accounting Clerk / Riyadh
How do experience and age affect pay?
| 0 - 2 Years | 4,060 SAR | |
| 2 - 5 Years | +38% | 5,600 SAR |
| 5 - 10 Years | +42% | 7,960 SAR |
| 10 - 15 Years | +22% | 9,710 SAR |
| 15 - 20 Years | +6% | 10,200 SAR |
| 20+ Years | +9% | 11,200 SAR |
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 Clerk and this is what we found.
Employees with less than two years of experience earn approximately 4,060 SAR.
While someone with an experience level between two and five years is expected to earn 5,600 SAR, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 7,960 SAR, 42% 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 9,710 SAR, 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 10,200 SAR, 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 11,200 SAR, 9% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Accounting Clerk / Riyadh
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Accounting Clerk.
| High School | 4,850 SAR | |
| Certificate or Diploma | +51% | 7,340 SAR |
| Bachelor's Degree | +50% | 11,000 SAR |
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 Clerk in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 4,850 SAR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 7,340 SAR, 51% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 11,000 SAR, 50% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Accounting Clerk / Riyadh
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 Clerk in Saudi Arabia, the average difference between the salary of male and female employees is 14%.
| Male | 7,140 SAR | |
| Female | -12% | 6,280 SAR |
Salary Comparison By Gender in Saudi Arabia for all Careers
Average Annual Salary Increment Percentage / Accounting Clerk / Riyadh
How much are annual salary increments in Riyadh for individuals working as Accounting Clerk? How often do employees get salary raises?
Individuals working as Accounting Clerk in Saudi Arabia 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 17 months.
Saudi Arabia / 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 / Accounting Clerk / Saudi Arabia
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/saudi-arabia/accounting-and-finance/accounting-clerk/annual-salary-bonus-rate-saudi-arabia-accounting-clerk.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 / Accounting Clerk / Riyadh
43 SAR per hourThe average hourly wage (pay per hour) for individuals working as Accounting Clerk in Riyadh is 43 SAR.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 Accounting Clerk in Riyadh is 20 SAR. 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 | 8,730 SAR |  +17% |
| Account Executive | 15,800 SAR | +110% |
| Accountant | 11,500 SAR | +54% |
| Accounting Analyst | 15,200 SAR | +100% |
| Accounting Assistant | 9,460 SAR | +26% |
| Accounting Associate | 8,480 SAR | +13% |
| Accounting Clerk | 7,490 SAR | +0% |
| Accounting Coordinator | 10,500 SAR | +40% |
| Accounting Head | 25,000 SAR | +230% |
| Accounting Manager | 26,300 SAR | +250% |
| Accounting Officer | 8,730 SAR | +17% |
| Accounting Specialist | 16,800 SAR | +120% |
| Accounting Supervisor | 16,200 SAR | +120% |
| Accounting Technician | 8,230 SAR | +10% |
| Accounting Unit Controller | 19,700 SAR | +160% |
| Accounts Executive | 15,800 SAR | +110% |
| Accounts Officer | 9,230 SAR | +23% |
| Accounts Payable and Receivable Specialist | 12,000 SAR | +60% |
| Accounts Payable Assistant | 9,480 SAR | +27% |
| Accounts Payable Associate | 11,300 SAR | +51% |
| Accounts Payable Clerk | 8,730 SAR | +17% |
| Accounts Payable Manager | 24,400 SAR | +230% |
| Accounts Receivable Administrator | 18,100 SAR | +140% |
| Accounts Receivable Clerk | 8,730 SAR | +17% |
| Accounts Receivable Financial Analyst | 17,300 SAR | +130% |
| Accounts Receivable Manager | 24,000 SAR | +220% |
| Accounts Receivable Team Leader | 17,200 SAR | +130% |
| Algorithmic Trading Specialist | 20,700 SAR | +180% |
| Assistant Accountant | 9,460 SAR | +26% |
| Assistant Accounting Manager | 22,000 SAR | +190% |
| Assistant Auditor | 11,700 SAR | +56% |
| Assistant Corporate Controller | 16,800 SAR | +120% |
| Assistant Finance Manager | 25,700 SAR | +240% |
| Assistant Financial Controller | 16,000 SAR | +110% |
| Audit Director | 28,400 SAR | +280% |
| Audit Supervisor | 21,500 SAR | +190% |
| Auditing Clerk | 9,230 SAR | +23% |
| Auditing Manager | 24,500 SAR | +230% |
| Billing Clerk | 9,460 SAR | +26% |
| Billing Coordinator | 10,700 SAR | +43% |
| Billing Specialist | 13,100 SAR | +75% |
| Billing Supervisor | 18,900 SAR | +150% |
| Bookkeeper | 7,730 SAR | +3% |
| Bookkeeping Specialist | 11,200 SAR | +50% |
| Budget Analyst | 21,300 SAR | +180% |
| Budget Manager | 24,200 SAR | +220% |
| Business Support Analyst | 13,200 SAR | +76% |
| Capital Markets Associate | 17,700 SAR | +140% |
| Cash Flow Analyst | 18,600 SAR | +150% |
| Cash Management Manager | 23,200 SAR | +210% |
| Cash Management Officer | 14,200 SAR | +90% |
| Cashbook Clerk | 7,980 SAR | +7% |
| Chartered Accountant | 15,000 SAR | +100% |
| Chief Accountant | 17,500 SAR | +130% |
| Chief Financial Technology Officer | 24,500 SAR | +230% |
| Collections Clerk | 7,240 SAR | -3% |
| Collections Representative | 10,800 SAR | +44% |
| Collections Specialist | 12,600 SAR | +68% |
| Corporate Controller | 19,700 SAR | +160% |
| Corporate Treasurer | 23,600 SAR | +220% |
| Cost Accountant | 11,900 SAR | +59% |
| Cost Accounting Manager | 23,300 SAR | +210% |
| Cost Accounting Supervisor | 20,000 SAR | +170% |
| Cost Analyst | 19,700 SAR | +160% |
| Credit and Collection Manager | 23,500 SAR | +210% |
| Credit and Collection Staff | 8,980 SAR | +20% |
| Credit and Loans Officer | 8,480 SAR | +13% |
| Credit Controller | 17,100 SAR | +130% |
| Credit Manager | 25,700 SAR | +240% |
| Debt Adviser | 19,500 SAR | +160% |
| Debt Collector | 9,980 SAR | +33% |
| Debtors Clerk | 8,540 SAR | +14% |
| Debtors Controller | 8,730 SAR | +17% |
| Deputy CFO | 32,200 SAR | +330% |
| Deputy Head of Finance | 32,200 SAR | +330% |
| Derivative Trader | 20,200 SAR | +170% |
| Director of Finance | 36,500 SAR | +390% |
| E-commerce Accountant | 12,200 SAR | +63% |
| Economist | 28,900 SAR | +290% |
| Equity Analyst | 20,800 SAR | +180% |
| Escrow Assistant | 10,500 SAR | +40% |
| Executive Accountant | 13,200 SAR | +76% |
| External Auditor | 17,300 SAR | +130% |
| Finance Administrator | 13,700 SAR | +83% |
| Finance Analyst | 22,300 SAR | +200% |
| Finance Associate | 10,800 SAR | +44% |
| Finance Data Analyst | 19,000 SAR | +150% |
| Finance Director | 34,700 SAR | +360% |
| Finance Executive | 26,300 SAR | +250% |
| Finance Licensing Clerk | 8,480 SAR | +13% |
| Finance Licensing Manager | 23,600 SAR | +220% |
| Finance Licensing Specialist | 12,700 SAR | +70% |
| Finance Manager | 34,700 SAR | +360% |
| Finance Officer | 11,800 SAR | +58% |
| Finance President | 36,500 SAR | +390% |
| Finance Relationship Manager | 28,600 SAR | +280% |
| Finance Release Analyst | 13,500 SAR | +80% |
| Finance Specialist | 19,500 SAR | +160% |
| Finance Team Leader | 26,200 SAR | +250% |
| Financial Accountant | 11,700 SAR | +56% |
| Financial Actuary | 18,000 SAR | +140% |
| Financial Administrator | 20,500 SAR | +170% |
| Financial Advisor | 22,500 SAR | +200% |
| Financial Analyst | 22,300 SAR | +200% |
| Financial Applications Specialist | 15,500 SAR | +110% |
| Financial Assistant | 9,480 SAR | +27% |
| Financial Associate | 11,200 SAR | +50% |
| Financial Claims Analyst | 16,700 SAR | +120% |
| Financial Claims Manager | 21,000 SAR | +180% |
| Financial Claims Supervisor | 20,500 SAR | +170% |
| Financial Clerk | 9,460 SAR | +26% |
| Financial Commercial Analyst | 17,000 SAR | +130% |
| Financial Compliance Analyst | 19,000 SAR | +150% |
| Financial Compliance Officer | 19,600 SAR | +160% |
| Financial Consultant | 15,700 SAR | +110% |
| Financial Controller | 19,700 SAR | +160% |
| Financial Coordinator | 11,300 SAR | +51% |
| Financial Customer Service Manager | 21,500 SAR | +190% |
| Financial Data Scientist | 21,800 SAR | +190% |
| Financial Dealer and Broker | 12,700 SAR | +70% |
| Financial Director | 34,700 SAR | +360% |
| Financial Encoder | 9,980 SAR | +33% |
| Financial Manager | 34,700 SAR | +360% |
| Financial Modelling Analyst | 22,200 SAR | +200% |
| Financial Operations Manager | 29,900 SAR | +300% |
| Financial Policy Analyst | 19,200 SAR | +160% |
| Financial Project Manager | 24,200 SAR | +220% |
| Financial Quantitative Analyst | 20,200 SAR | +170% |
| Financial Reporting Consultant | 17,000 SAR | +130% |
| Financial Reporting Manager | 23,600 SAR | +220% |
| Financial Section Head | 22,500 SAR | +200% |
| Financial Services Manager | 29,900 SAR | +300% |
| Financial Services Sales Agent | 13,000 SAR | +74% |
| Financial Technology Consultant | 18,500 SAR | +150% |
| Financial Wellness Coach | 25,300 SAR | +240% |
| FinTech Analyst | 20,200 SAR | +170% |
| Fixed Assets Administrator | 12,200 SAR | +63% |
| Forensic Accountant | 14,400 SAR | +92% |
| Fraud Detection Supervisor | 15,200 SAR | +100% |
| Fraud Prevention Manager | 24,000 SAR | +220% |
| Fund Accountant | 11,800 SAR | +58% |
| Grants Coordinator | 8,730 SAR | +17% |
| Green Finance Analyst | 18,800 SAR | +150% |
| Group Financial Manager | 35,500 SAR | +370% |
| Internal Auditor | 15,700 SAR | +110% |
| Internal Control Adviser | 19,400 SAR | +160% |
| Internal Control Officer | 10,200 SAR | +36% |
| International Tax Director | 28,400 SAR | +280% |
| Inventory Accountant | 12,900 SAR | +72% |
| Investment Advisor | 31,400 SAR | +320% |
| Investment Analyst | 24,400 SAR | +230% |
| Investment Associate | 19,700 SAR | +160% |
| Investment Broker | 19,700 SAR | +160% |
| Investment Fund Manager | 27,600 SAR | +270% |
| Investment Operations Manager | 27,600 SAR | +270% |
| Investment Underwriter | 9,980 SAR | +33% |
| Investor | 16,000 SAR | +110% |
| Investor Relations Manager | 23,700 SAR | +220% |
| KYC Team Leader | 23,900 SAR | +220% |
| Loan Processor | 9,730 SAR | +30% |
| Management Accountant | 13,100 SAR | +75% |
| Management Economist | 27,400 SAR | +270% |
| Paymaster | 9,480 SAR | +27% |
| Payroll Administrator | 16,300 SAR | +120% |
| Payroll Benefits Coordinator | 13,700 SAR | +83% |
| Payroll Billing Manager | 21,500 SAR | +190% |
| Payroll Clerk | 10,200 SAR | +36% |
| Payroll Manager | 22,600 SAR | +200% |
| Payroll Officer | 10,800 SAR | +44% |
| Payroll Specialist | 12,200 SAR | +63% |
| Payroll Supervisor | 15,000 SAR | +100% |
| Pensions Administrator | 12,500 SAR | +67% |
| Personal Financial Advisor | 17,500 SAR | +130% |
| Pricing Analyst | 20,500 SAR | +170% |
| Private Equity Analyst | 21,900 SAR | +190% |
| Project Accountant | 13,100 SAR | +75% |
| Proposal Development Coordinator | 10,500 SAR | +40% |
| Quantitative Trader | 16,800 SAR | +120% |
| Receivables Accountant | 10,900 SAR | +46% |
| Regulatory Accountant | 13,500 SAR | +80% |
| Retirement Plan Analyst | 19,700 SAR | +160% |
| Revenue Management Specialist | 19,500 SAR | +160% |
| Revenue Recognition Analyst | 22,800 SAR | +200% |
| Risk Management Director | 28,200 SAR | +280% |
| Risk Management Supervisor | 24,400 SAR | +230% |
| Staff Accountant | 11,200 SAR | +50% |
| Tax Accountant | 11,700 SAR | +56% |
| Tax Administrator | 13,400 SAR | +79% |
| Tax Advisor | 18,000 SAR | +140% |
| Tax Analyst | 18,900 SAR | +150% |
| Tax Associate | 9,980 SAR | +33% |
| Tax Consultant | 18,700 SAR | +150% |
| Tax Director | 28,600 SAR | +280% |
| Tax Examiner | 12,500 SAR | +67% |
| Tax Manager | 24,000 SAR | +220% |
| Tax Research Manager | 25,200 SAR | +240% |
| Teller | 6,990 SAR | -7% |
| Treasury Accountant | 12,900 SAR | +72% |
| Treasury Analyst | 20,500 SAR | +170% |
| Underwriter | 8,230 SAR | +10% |
| Underwriting Assistant | 8,140 SAR | +9% |
| Vice President of Finance | 33,900 SAR | +350% |
Salary Comparison By City
| City | Average Salary |
| Jeddah | 7,350 SAR |
| Riyadh | 7,490 SAR |
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 Saudi Arabia is 7% on average across all career fields.
| Private Sector | 16,100 SAR | |
| Public Sector | +7% | 17,300 SAR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Accounting Clerk in Riyadh?
A good and competitive compensation would range anywhere between 7,100 SAR and 8,160 SAR. 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 Clerk in Riyadh ranges from 3,520 SAR to 5,750 SAR. 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
