Home > Salary > Iceland > Cash Posting Clerk
A cash posting clerk is responsible for accurately recording and processing financial transactions within an organization. Their primary role involves receiving and reconciling payments from customers, ensuring that the amounts are correct and matching them to the appropriate accounts. They also handle any discrepancies or issues related to payments, such as incorrect amounts or missing information. Cash posting clerks may use various accounting software and tools to update records, generate reports, and maintain accurate financial data.
Estimated Yearly Salary: 6,376,979 ISK
Estimated Monthly Salary: 531,415 ISK
Estimated Weekly Salary: 122,634 ISK per week
Estimated Hourly Salary: 3,066 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 513,954 ISK
Estimated Weekly Salary: 118,605 ISK per week
Estimated Hourly Salary: 2,965 ISK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 44,651 USD
Estimated Monthly Salary: 3,721 USD
Estimated Weekly Salary: 859 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 6,376,979 ISK
Estimated Monthly Salary: 531,415 ISK
Estimated Weekly Salary: 122,634 ISK per week
Estimated Hourly Salary: 3,066 ISK per hour
By working as Cash Posting Clerk a person can save up to 992 USD per month or 11,905 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.
Estimated Yearly Salary for Cash Posting Clerk
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Cash Posting Clerk salary in Iceland
Average Yearly Salary of Cash Posting Clerk in Iceland is approximately 6,376,979 ISK (44,651 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 Cash Posting Clerk do?
A cash posting clerk is responsible for accurately recording and processing financial transactions within an organization. Their primary role involves receiving and reconciling payments from customers, ensuring that the amounts are correct and matching them to the appropriate accounts. They also handle any discrepancies or issues related to payments, such as incorrect amounts or missing information. Cash posting clerks may use various accounting software and tools to update records, generate reports, and maintain accurate financial data.
Skills: Cash posting, Financial transactions, Reconciliation, Payment processing, Accounting, Data entry
Job industry: Accounting
Job industry: Accounting
How much does Cash Posting Clerk make?
Salary details
How much does Cash Posting Clerk make?Estimated Yearly Salary: 6,376,979 ISK
Estimated Monthly Salary: 531,415 ISK
Estimated Weekly Salary: 122,634 ISK per week
Estimated Hourly Salary: 3,066 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,167,447 ISKEstimated Monthly Salary: 513,954 ISK
Estimated Weekly Salary: 118,605 ISK per week
Estimated Hourly Salary: 2,965 ISK per hour
Last revision of data: 2024-01-08Cash Posting Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 44,651 USD
Estimated Monthly Salary: 3,721 USD
Estimated Weekly Salary: 859 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Cash Posting Clerk job salary compared to average salary in Iceland.
Comparison shows that a person working as Cash Posting Clerk in Iceland earns on average:
0.71 times the average salary (or 71% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Cash Posting Clerk job salary compared to average salary in Iceland.
Comparison shows that a person working as Cash Posting Clerk in Iceland earns on average:
0.71 times the average salary (or 71% of average salary).
Is Cash Posting Clerk a well paid job?
No, our data shows that Cash Posting Clerk is typically not a well-paid job. The salary varies based on experience. Meaning that even though Cash Posting Clerk might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Cash Posting Clerk?
High salary for Cash Posting Clerk would be somewhere between 7,014,677 ISK and 9,246,620 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Cash Posting Clerk 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: 6,376,979 ISK
Estimated Monthly Salary: 531,415 ISK
Estimated Weekly Salary: 122,634 ISK per week
Estimated Hourly Salary: 3,066 ISK per hour
By working as Cash Posting Clerk a person can save up to 992 USD per month or 11,905 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 Cash Posting Clerk
Norway is 62,638 USD
United Kingdom is 29,367 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 Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Environmental economist (19,198,111 ISK per year, pre-tax.)
Medical office front desk specialist (5,848,414 ISK per year, pre-tax.)
Receptionist (3,716,726 ISK per year, pre-tax.)
Vascular ultrasound technologist (10,471,192 ISK per year, pre-tax.)
Cobra specialist (5,548,812 ISK per year, pre-tax.)
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