A person working as Tax Associate in Saudi Arabia typically earns around 9,440 SAR. Salaries range from 4,810 SAR (lowest) to 14,500 SAR (highest).
This is the average salary including housing, transport, and other benefits. Tax Associate salaries in Saudi Arabia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 4,810 SAR |
Median 8,660 SAR |
Maximum 14,500 SAR |
Salaries for the position Tax Associate in Saudi Arabia range from 4,810 SAR (starting salary) to 14,500 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.
With a median salary of 8,660 SAR, half of the professionals who work as Tax Associate in Saudi Arabia 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.
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 Tax Associate in Saudi Arabia earn less than 7,140 SAR, while 75% earn more. Similarly, the chart shows that 75% earn less than 9,850 SAR while 25% earn more.
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 Tax Associate in Saudi Arabia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,530 SAR to 7,650 SAR. About 20% of salaries are below the 5,530 SAR mark, while 10% fall within the range of 7,650 SAR to 8,610 SAR. Only 5% of individuals have salaries exceeding 8,610 SAR.
0 - 2 Years | 5,400 SAR | |
2 - 5 Years | +31% | 7,050 SAR |
5 - 10 Years | +40% | 9,870 SAR |
10 - 15 Years | +20% | 11,900 SAR |
15 - 20 Years | +9% | 12,900 SAR |
20+ Years | +8% | 13,900 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 Tax Associate and this is what we found.
Employees with less than two years of experience earn approximately 5,400 SAR.
While someone with an experience level between two and five years is expected to earn 7,050 SAR, 31% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 9,870 SAR, 40% 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 11,900 SAR, 20% 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 12,900 SAR, 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 13,900 SAR, 8% more than people with fifteen to twenty years of experience.
High School | 6,460 SAR | |
Certificate or Diploma | +15% | 7,440 SAR |
Bachelor's Degree | +41% | 10,400 SAR |
Master's Degree | +29% | 13,500 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 Tax Associate in order to make a comparison.
Employees at this education level have an average salary of 6,460 SAR.
At this level, the average salary becomes 7,440 SAR, 15% more than the previous level.
At this level, the average salary becomes 10,400 SAR, 41% more than the previous level.
At this level, the average salary becomes 13,500 SAR, 29% more than the previous level.
A Master's degree program or any post-graduate program in Saudi Arabia costs anywhere from 83,800 SAR to 251,000 SAR 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.
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 Tax Associate in Saudi Arabia, the average difference between the salary of male and female employees is 16%.
Male | 10,200 SAR | |
Female | -14% | 8,770 SAR |
Individuals working as Tax Associate in Saudi Arabia are likely to observe a salary increase of approximately 11% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
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.
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
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.
73% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 27% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
Received Bonus | 27% | |
No Bonus | 73% |
The 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.
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.
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.
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.
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.
The minimum pay rate per hour for people working as Tax Associate in Saudi Arabia is 28 SAR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Accounting and Finance | -100% | |
Account Examiner | 8,040 SAR | -15% |
Account Executive | 15,000 SAR | +59% |
Accountant | 10,600 SAR | +12% |
Accounting Analyst | 13,700 SAR | +45% |
Accounting Assistant | 8,240 SAR | -13% |
Accounting Associate | 8,250 SAR | -13% |
Accounting Clerk | 6,800 SAR | -28% |
Accounting Coordinator | 9,650 SAR | +2% |
Accounting Head | 23,700 SAR | +150% |
Accounting Manager | 24,900 SAR | +160% |
Accounting Officer | 8,170 SAR | -13% |
Accounting Specialist | 14,800 SAR | +57% |
Accounting Supervisor | 15,500 SAR | +64% |
Accounting Technician | 8,160 SAR | -14% |
Accounting Unit Controller | 18,400 SAR | +95% |
Accounts Executive | 13,900 SAR | +47% |
Accounts Officer | 8,480 SAR | -10% |
Accounts Payable and Receivable Specialist | 11,700 SAR | +24% |
Accounts Payable Assistant | 9,440 SAR | +0% |
Accounts Payable Associate | 10,300 SAR | +9% |
Accounts Payable Clerk | 8,620 SAR | -9% |
Accounts Payable Manager | 22,700 SAR | +140% |
Accounts Receivable Administrator | 17,100 SAR | +81% |
Accounts Receivable Clerk | 8,470 SAR | -10% |
Accounts Receivable Financial Analyst | 16,100 SAR | +71% |
Accounts Receivable Manager | 22,000 SAR | +130% |
Accounts Receivable Team Leader | 15,900 SAR | +69% |
Algorithmic Trading Specialist | 20,200 SAR | +110% |
Assistant Accountant | 8,360 SAR | -11% |
Assistant Accounting Manager | 20,400 SAR | +120% |
Assistant Auditor | 11,500 SAR | +22% |
Assistant Corporate Controller | 15,000 SAR | +59% |
Assistant Finance Manager | 24,400 SAR | +160% |
Assistant Financial Controller | 15,100 SAR | +60% |
Audit Director | 26,300 SAR | +180% |
Audit Supervisor | 19,700 SAR | +110% |
Auditing Clerk | 8,480 SAR | -10% |
Auditing Manager | 24,000 SAR | +150% |
Billing Clerk | 8,930 SAR | -5% |
Billing Coordinator | 10,600 SAR | +12% |
Billing Specialist | 12,100 SAR | +28% |
Billing Supervisor | 17,100 SAR | +81% |
Bookkeeper | 7,310 SAR | -23% |
Bookkeeping Specialist | 11,100 SAR | +18% |
Budget Analyst | 18,900 SAR | +100% |
Budget Manager | 22,500 SAR | +140% |
Business Support Analyst | 13,000 SAR | +38% |
Capital Markets Associate | 16,800 SAR | +78% |
Cash Flow Analyst | 16,300 SAR | +73% |
Cash Management Manager | 21,100 SAR | +120% |
Cash Management Officer | 13,400 SAR | +42% |
Cashbook Clerk | 7,840 SAR | -17% |
Chartered Accountant | 14,800 SAR | +57% |
Chief Accountant | 17,100 SAR | +81% |
Chief Financial Technology Officer | 24,300 SAR | +160% |
Collections Clerk | 7,080 SAR | -25% |
Collections Representative | 9,760 SAR | +3% |
Collections Specialist | 11,300 SAR | +20% |
Corporate Controller | 18,500 SAR | +96% |
Corporate Treasurer | 21,300 SAR | +130% |
Cost Accountant | 11,200 SAR | +19% |
Cost Accounting Manager | 21,900 SAR | +130% |
Cost Accounting Supervisor | 17,300 SAR | +83% |
Cost Analyst | 17,400 SAR | +84% |
Credit and Collection Manager | 21,800 SAR | +130% |
Credit and Collection Staff | 8,720 SAR | -8% |
Credit and Loans Officer | 7,810 SAR | -17% |
Credit Controller | 15,300 SAR | +62% |
Credit Manager | 22,300 SAR | +140% |
Debt Adviser | 18,500 SAR | +96% |
Debt Collector | 8,960 SAR | -5% |
Debtors Clerk | 7,910 SAR | -16% |
Debtors Controller | 8,170 SAR | -13% |
Deputy CFO | 29,300 SAR | +210% |
Deputy Head of Finance | 31,800 SAR | +240% |
Derivative Trader | 19,300 SAR | +100% |
Director of Finance | 32,300 SAR | +240% |
E-commerce Accountant | 11,500 SAR | +22% |
Economist | 25,000 SAR | +160% |
Equity Analyst | 20,100 SAR | +110% |
Escrow Assistant | 10,500 SAR | +11% |
Executive Accountant | 12,400 SAR | +31% |
External Auditor | 16,000 SAR | +70% |
Finance Administrator | 13,700 SAR | +45% |
Finance Analyst | 19,600 SAR | +110% |
Finance Associate | 10,200 SAR | +8% |
Finance Data Analyst | 17,500 SAR | +85% |
Finance Director | 34,100 SAR | +260% |
Finance Executive | 24,200 SAR | +160% |
Finance Licensing Clerk | 7,890 SAR | -16% |
Finance Licensing Manager | 20,700 SAR | +120% |
Finance Licensing Specialist | 11,600 SAR | +23% |
Finance Manager | 32,100 SAR | +240% |
Finance Officer | 10,300 SAR | +9% |
Finance President | 33,000 SAR | +250% |
Finance Relationship Manager | 26,600 SAR | +180% |
Finance Release Analyst | 12,700 SAR | +35% |
Finance Specialist | 18,800 SAR | +99% |
Finance Team Leader | 24,100 SAR | +160% |
Financial Accountant | 11,000 SAR | +17% |
Financial Actuary | 16,700 SAR | +77% |
Financial Administrator | 18,800 SAR | +99% |
Financial Advisor | 20,400 SAR | +120% |
Financial Analyst | 21,000 SAR | +120% |
Financial Applications Specialist | 13,700 SAR | +45% |
Financial Assistant | 8,710 SAR | -8% |
Financial Associate | 10,700 SAR | +13% |
Financial Claims Analyst | 15,500 SAR | +64% |
Financial Claims Manager | 20,400 SAR | +120% |
Financial Claims Supervisor | 18,800 SAR | +99% |
Financial Clerk | 8,830 SAR | -6% |
Financial Commercial Analyst | 15,700 SAR | +66% |
Financial Compliance Analyst | 17,400 SAR | +84% |
Financial Compliance Officer | 17,000 SAR | +80% |
Financial Consultant | 15,600 SAR | +65% |
Financial Controller | 17,000 SAR | +80% |
Financial Coordinator | 10,200 SAR | +8% |
Financial Customer Service Manager | 21,400 SAR | +130% |
Financial Data Scientist | 21,900 SAR | +130% |
Financial Dealer and Broker | 12,700 SAR | +35% |
Financial Director | 33,900 SAR | +260% |
Financial Encoder | 9,340 SAR | -1% |
Financial Manager | 29,900 SAR | +220% |
Financial Modelling Analyst | 20,900 SAR | +120% |
Financial Operations Manager | 29,700 SAR | +210% |
Financial Policy Analyst | 17,600 SAR | +87% |
Financial Project Manager | 22,700 SAR | +140% |
Financial Quantitative Analyst | 19,700 SAR | +110% |
Financial Reporting Consultant | 17,000 SAR | +80% |
Financial Reporting Manager | 21,700 SAR | +130% |
Financial Section Head | 20,900 SAR | +120% |
Financial Services Manager | 28,000 SAR | +200% |
Financial Services Sales Agent | 12,400 SAR | +31% |
Financial Technology Consultant | 18,200 SAR | +93% |
Financial Wellness Coach | 23,500 SAR | +150% |
FinTech Analyst | 19,500 SAR | +110% |
Fixed Assets Administrator | 12,100 SAR | +28% |
Forensic Accountant | 13,400 SAR | +42% |
Fraud Detection Supervisor | 14,300 SAR | +52% |
Fraud Prevention Manager | 23,500 SAR | +150% |
Fund Accountant | 10,900 SAR | +16% |
Grants Coordinator | 8,490 SAR | -10% |
Green Finance Analyst | 16,200 SAR | +72% |
Group Financial Manager | 30,700 SAR | +230% |
Internal Auditor | 15,100 SAR | +60% |
Internal Control Adviser | 18,300 SAR | +94% |
Internal Control Officer | 10,000 SAR | +6% |
International Tax Director | 26,900 SAR | +190% |
Inventory Accountant | 11,300 SAR | +20% |
Investment Advisor | 30,300 SAR | +220% |
Investment Analyst | 22,200 SAR | +140% |
Investment Associate | 18,400 SAR | +95% |
Investment Broker | 18,700 SAR | +98% |
Investment Fund Manager | 24,200 SAR | +160% |
Investment Operations Manager | 24,600 SAR | +160% |
Investment Underwriter | 9,130 SAR | -3% |
Investor | 14,700 SAR | +56% |
Investor Relations Manager | 22,700 SAR | +140% |
KYC Team Leader | 20,800 SAR | +120% |
Loan Processor | 9,590 SAR | +2% |
Management Accountant | 12,800 SAR | +36% |
Management Economist | 26,300 SAR | +180% |
Paymaster | 8,780 SAR | -7% |
Payroll Administrator | 15,500 SAR | +64% |
Payroll Benefits Coordinator | 12,900 SAR | +37% |
Payroll Billing Manager | 21,200 SAR | +120% |
Payroll Clerk | 10,100 SAR | +7% |
Payroll Manager | 21,100 SAR | +120% |
Payroll Officer | 10,000 SAR | +6% |
Payroll Specialist | 11,900 SAR | +26% |
Payroll Supervisor | 14,600 SAR | +55% |
Pensions Administrator | 11,900 SAR | +26% |
Personal Financial Advisor | 16,900 SAR | +79% |
Pricing Analyst | 19,100 SAR | +100% |
Private Equity Analyst | 20,200 SAR | +110% |
Project Accountant | 11,400 SAR | +21% |
Proposal Development Coordinator | 10,000 SAR | +6% |
Quantitative Trader | 16,300 SAR | +73% |
Receivables Accountant | 10,100 SAR | +7% |
Regulatory Accountant | 12,700 SAR | +35% |
Retirement Plan Analyst | 18,500 SAR | +96% |
Revenue Management Specialist | 19,100 SAR | +100% |
Revenue Recognition Analyst | 20,800 SAR | +120% |
Risk Management Director | 26,500 SAR | +180% |
Risk Management Supervisor | 21,600 SAR | +130% |
Staff Accountant | 10,500 SAR | +11% |
Tax Accountant | 10,600 SAR | +12% |
Tax Administrator | 12,700 SAR | +35% |
Tax Advisor | 17,800 SAR | +89% |
Tax Analyst | 17,600 SAR | +87% |
Tax Associate | 9,440 SAR | +0% |
Tax Consultant | 18,200 SAR | +93% |
Tax Director | 26,200 SAR | +180% |
Tax Examiner | 11,800 SAR | +25% |
Tax Manager | 22,100 SAR | +130% |
Tax Research Manager | 21,900 SAR | +130% |
Teller | 6,990 SAR | -26% |
Treasury Accountant | 11,700 SAR | +24% |
Treasury Analyst | 18,700 SAR | +98% |
Underwriter | 7,720 SAR | -18% |
Underwriting Assistant | 7,190 SAR | -24% |
Vice President of Finance | 31,900 SAR | +240% |
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 |
A good and competitive compensation would range anywhere between 8,660 SAR and 9,850 SAR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
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.
The base salary for a careers like Tax Associate in Saudi Arabia ranges from 4,810 SAR to 7,140 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.
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