Property Management Accountant salary in Iceland

Average Yearly Salary of Property Management Accountant in Iceland is approximately 11,541,067 ISK (80,525 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 Property Management Accountant do?

A property management accountant is responsible for overseeing the financial operations of a real estate portfolio. They handle various accounting tasks such as budgeting, forecasting, and financial reporting for the properties under their management. This includes tracking income and expenses, processing invoices and payments, and ensuring compliance with tax regulations. They may also collaborate with property managers to analyze financial data and make strategic decisions to optimize the profitability and performance of the properties. Additionally, property management accountants may be involved in lease administration, rent collection, and maintaining accurate records of property-related transactions. They must have strong analytical skills, attention to detail, and knowledge of accounting principles and software.

Skills: Property management, Accountant, Financial operations, Real estate, Budgeting, Financial reporting
Job industry: Real estate

How much does Property Management Accountant make?

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


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Salary comparison to National average

Is Property Management Accountant a well paid job?

Yes, our data shows that Property Management Accountant 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 Property Management Accountant?

High salary for Property Management Accountant would be somewhere between 12,695,174 ISK and 16,734,547 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Property Management Accountant 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: 11,541,067 ISK
Estimated Monthly Salary: 961,756 ISK
Estimated Weekly Salary: 221,944 ISK per week
Estimated Hourly Salary: 5,549 ISK per hour
By working as Property Management Accountant a person can save up to 3,982 USD per month or 47,779 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 Property Management Accountant

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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