Director Of Accounting Financial Reporting salary in Iceland

Average Yearly Salary of Director Of Accounting Financial Reporting in Iceland is approximately 23,850,400 ISK (166,282 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 Director Of Accounting Financial Reporting do?

The occupation of a Director of Accounting Financial Reporting involves overseeing and managing the financial reporting process within an organization. This role is responsible for ensuring accurate and timely preparation of financial statements, compliance with accounting standards and regulations, and providing financial analysis and insights to support decision-making. The Director of Accounting Financial Reporting collaborates with various departments, such as finance, operations, and legal, to gather and analyze financial data, identify trends, and make recommendations for improvement. They also lead a team of accountants, providing guidance and support in areas such as financial reporting, internal controls, and audit preparation. This position requires strong technical accounting knowledge, excellent analytical skills, attention to detail, and the ability to communicate complex financial information effectively.

Skills: Director of Accounting, Financial Reporting, Financial Statements, Accounting Standards, Compliance, Financial Analysis.
Job industry: Accounting

How much does Director Of Accounting Financial Reporting make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Director Of Accounting Financial Reporting a well paid job?

Yes, our data show that Director Of Accounting Financial Reporting is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Director Of Accounting Financial Reporting?

High salary for Director Of Accounting Financial Reporting would be somewhere between 26,235,440 ISK and 34,583,080 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Of Accounting Financial Reporting 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: 23,850,400 ISK
Estimated Monthly Salary: 1,987,533 ISK
Estimated Weekly Salary: 458,662 ISK per week
Estimated Hourly Salary: 11,467 ISK per hour
By working as Director Of Accounting Financial Reporting a person can save up to 11,128 USD per month or 133,536 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 Director Of Accounting Financial Reporting

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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