Accounting Intern salary in Iceland

Average Yearly Salary of Accounting Intern in Iceland is approximately 6,045,506 ISK (42,335 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 Accounting Intern do?

An accounting intern is an individual who assists in various accounting tasks and functions within an organization. They work under the supervision of experienced accountants and are responsible for tasks such as data entry, preparing financial reports, reconciling accounts, and assisting with audits. Accounting interns may also be involved in analyzing financial data, identifying trends, and making recommendations for improving financial performance. The role of an accounting intern provides valuable hands-on experience in the field of accounting, allowing individuals to develop their skills and gain a deeper understanding of financial processes. It also offers an opportunity to observe and learn from professionals in the industry, fostering growth and development.

Skills: Accounting, Internship, Financial Reporting, Data Entry, Auditing, Financial Analysis
Job industry: Finance

How much does Accounting Intern make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Accounting Intern a well paid job?

No, our data shows that Accounting Intern is typically not a well-paid job. The salary varies based on experience. Meaning that even though Accounting Intern might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Accounting Intern?

High salary for Accounting Intern would be somewhere between 6,650,057 ISK and 8,765,984 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Accounting Intern in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 6,045,506 ISK
Estimated Monthly Salary: 503,792 ISK
Estimated Weekly Salary: 116,260 ISK per week
Estimated Hourly Salary: 2,906 ISK per hour
By working as Accounting Intern a person can save up to 799 USD per month or 9,589 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Accounting Intern

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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