Home > Salary > China > Bank Reconciliation Specialist
A bank reconciliation specialist is responsible for ensuring the accuracy and integrity of financial transactions between a company's bank accounts and its internal records. They meticulously compare and analyze bank statements, general ledger entries, and other financial documents to identify discrepancies or errors. Their primary objective is to reconcile any differences and ensure that all transactions are properly recorded.
The specialist also investigates and resolves any outstanding issues related to bank transactions, such as missing deposits or unauthorized withdrawals. They communicate with banks and internal departments to gather necessary information, clarify discrepancies, and implement corrective actions. Additionally, they may assist in developing and implementing internal controls and procedures to prevent future discrepancies.
Estimated Yearly Salary: 72,016 CNY
Estimated Monthly Salary: 6,001 CNY
Estimated Weekly Salary: 1,385 CNY per week
Estimated Hourly Salary: 35 CNY per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,789 CNY
Estimated Weekly Salary: 1,336 CNY per week
Estimated Hourly Salary: 33 CNY per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 8,976 USD
Estimated Monthly Salary: 748 USD
Estimated Weekly Salary: 173 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 72,016 CNY
Estimated Monthly Salary: 6,001 CNY
Estimated Weekly Salary: 1,385 CNY per week
Estimated Hourly Salary: 35 CNY per hour
By working as Bank Reconciliation Specialist a person can save up to 234 USD per month or 2,808 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in China, see costs of living in China.
Estimated Yearly Salary for Bank Reconciliation Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Bank Reconciliation Specialist salary in China
Average Yearly Salary of Bank Reconciliation Specialist in China is approximately 72,016 CNY (8,976 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Bank Reconciliation Specialist do?
A bank reconciliation specialist is responsible for ensuring the accuracy and integrity of financial transactions between a company's bank accounts and its internal records. They meticulously compare and analyze bank statements, general ledger entries, and other financial documents to identify discrepancies or errors. Their primary objective is to reconcile any differences and ensure that all transactions are properly recorded.
The specialist also investigates and resolves any outstanding issues related to bank transactions, such as missing deposits or unauthorized withdrawals. They communicate with banks and internal departments to gather necessary information, clarify discrepancies, and implement corrective actions. Additionally, they may assist in developing and implementing internal controls and procedures to prevent future discrepancies.
Skills: Bank reconciliation, Financial analysis, Accounting, Financial transactions, Error detection, Problem-solving
Job industry: Finance
Job industry: Finance
How much does Bank Reconciliation Specialist make?
Salary details
How much does Bank Reconciliation Specialist make?Estimated Yearly Salary: 72,016 CNY
Estimated Monthly Salary: 6,001 CNY
Estimated Weekly Salary: 1,385 CNY per week
Estimated Hourly Salary: 35 CNY per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 69,472 CNYEstimated Monthly Salary: 5,789 CNY
Estimated Weekly Salary: 1,336 CNY per week
Estimated Hourly Salary: 33 CNY per hour
Last revision of data: 2024-01-08Bank Reconciliation Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,976 USD
Estimated Monthly Salary: 748 USD
Estimated Weekly Salary: 173 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
China is a vast country located in East Asia. It has the largest population in the world, with over 1.4 billion people. The country covers an expansive area of approximately 9.6 million square kilometers. China shares borders with 14 countries and has diverse geographical features, including mountains, plateaus, and plains.
Estimated national average yearly salary is 92,134 CNY (12,850 USD). Value indicated is pre-tax. Below graph shows estimated Bank Reconciliation Specialist job salary compared to average salary in China.
Comparison shows that a person working as Bank Reconciliation Specialist in China earns on average:
0.78 times the average salary (or 78% of average salary).
Estimated national average yearly salary is 92,134 CNY (12,850 USD). Value indicated is pre-tax. Below graph shows estimated Bank Reconciliation Specialist job salary compared to average salary in China.
Comparison shows that a person working as Bank Reconciliation Specialist in China earns on average:
0.78 times the average salary (or 78% of average salary).
Is Bank Reconciliation Specialist a well paid job?
No, our data shows that Bank Reconciliation Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Bank Reconciliation Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Bank Reconciliation Specialist?
High salary for Bank Reconciliation Specialist would be somewhere between 79,218 CNY and 104,423 CNY. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Reconciliation Specialist in China?
Living in China the approximate monthly expenses are: 514 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 72,016 CNY
Estimated Monthly Salary: 6,001 CNY
Estimated Weekly Salary: 1,385 CNY per week
Estimated Hourly Salary: 35 CNY per hour
By working as Bank Reconciliation Specialist a person can save up to 234 USD per month or 2,808 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in China, see costs of living in China.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Russia, Mongolia, Kazakhstan, Kyrgyzstan, Tajikistan, Afghanistan, Pakistan, India, Nepal, Bhutan, Myanmar (Burma), Laos, Vietnam, North Korea. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Bank Reconciliation Specialist
Russia is 8,986 USD
Afghanistan is 4,186 USD
Pakistan is 1,102 USD
India is 15,661 USD
Nepal is 5,135 USD
Vietnam is 2,804 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in China
(1,075,420 CNY per year, pre-tax.)
2. Cardiologist
(893,602 CNY per year, pre-tax.)
(861,748 CNY per year, pre-tax.)
4. Neurosurgeon
(835,990 CNY per year, pre-tax.)
(833,048 CNY per year, pre-tax.)
6. Urologist
(818,021 CNY per year, pre-tax.)
(817,649 CNY per year, pre-tax.)
(817,013 CNY per year, pre-tax.)
(813,232 CNY per year, pre-tax.)
10. Oncologist
(812,783 CNY per year, pre-tax.)
Data as of 2025Random salary:
City mayor (140,962 CNY per year, pre-tax.)
Army officer (166,960 CNY per year, pre-tax.)
Surgeon (470,616 CNY per year, pre-tax.)
Network developer (173,680 CNY per year, pre-tax.)
Director computer operations (152,943 CNY per year, pre-tax.)
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