General Accounting Supervisor salary in Iceland

Average Yearly Salary of General Accounting Supervisor in Iceland is approximately 12,873,441 ISK (90,060 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 General Accounting Supervisor do?

A General Accounting Supervisor is responsible for overseeing and managing the accounting operations within an organization. They supervise a team of accountants, ensuring accurate and timely financial reporting, adherence to accounting principles and regulations, and compliance with internal controls. The role involves reviewing and analyzing financial data, preparing financial statements, and coordinating the month-end and year-end closing processes. They collaborate with other departments and senior management to provide financial insights and recommendations for improving business performance. Additionally, a General Accounting Supervisor may be involved in budgeting and forecasting activities, as well as identifying and implementing process improvements to enhance efficiency and effectiveness.

Skills: General Accounting Supervisor, Financial Reporting, Accounting Principles, Compliance, Financial Analysis, Process Improvement
Job industry: Accounting

How much does General Accounting Supervisor make?

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


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Salary comparison to National average

Is General Accounting Supervisor a well paid job?

Yes, our data shows that General Accounting Supervisor is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for General Accounting Supervisor?

High salary for General Accounting Supervisor would be somewhere between 14,160,785 ISK and 18,666,489 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as General Accounting Supervisor 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: 12,873,441 ISK
Estimated Monthly Salary: 1,072,787 ISK
Estimated Weekly Salary: 247,566 ISK per week
Estimated Hourly Salary: 6,189 ISK per hour
By working as General Accounting Supervisor a person can save up to 4,776 USD per month or 57,314 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 General Accounting Supervisor

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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