Average Financial Accountant with Financial Reporting Skills Salary in Nigeria

Annual Base Salary - ₦4,545,300.00/year

The average annual salary of Financial Accountant is ₦4,545,300.00

₦318,000.00
Low
₦4,545,300.00
Average
₦9,450,000.00
High

The starting salary of Financial Accountant is between ₦270,300.00 and ₦318,000.00 whereas the maximum salary range is between ₦9,450,000.00 and ₦10,867,500.00.

Minimum Annual PayMaximum Annual Pay
₦270,300.00₦10,867,500.00
Bonus Range: Tooltip
₦367,500.00 - ₦1,040,000.00
₦367,500.00
₦10,867,500.00
Profit Sharing: Tooltip
₦0.00 - ₦371,000.00
₦0.00
₦10,867,500.00
  • Currency : NGN
  • Annual Salary : ₦4,545,300.00
  • Weekly Pay : ₦80,192.00
  • Fortnightly Salary : ₦160,385.00
  • Monthly Salary : ₦347,500.00

Financial Accountant Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Financial Accountant. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Financial Accountant compared to female. Their involvement is 52% while of female is only 48%.

Salary Distribution Based on Years of Experience

The line graph shows Financial Accountant salary in Nigeria on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Financial Accountant having experience between 1-4 years, their salary is around ₦1,496,160.00.

Once the experience reaches 5-9 years Financial Accountant salary would increase again to a total of ₦5,738,850.00, adding ₦4,242,690.00 from the last salary increase.

Prominent Skills Affecting Financial Accountant Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Financial Accountant's salary. It clearly highlights the skills needed for a post of Financial Accountant when hired by an employer. The skill that is required for Financial Accountant is Month-End Close that affects the salary by 24%.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Financial Accountant. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₦1,499,949.00 whereas the highest earning is ₦6,045,249.00 which clearly shows the salary increases with the level of expertise.

Mid Carrer person will earn the maximum salary of ₦6,045,249.00 at 33%. So to summerize, Early Career earns 67% less than the average salary, Mid Carrer earns 33% more than the average salary.

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