Revenue Accountant salary in Iceland

Average Yearly Salary of Revenue Accountant in Iceland is approximately 13,224,725 ISK (92,631 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 Revenue Accountant do?

A revenue accountant is responsible for managing and tracking the financial records related to a company's revenue. They ensure accurate and timely recording of all revenue transactions, including sales, invoices, and payments. This involves preparing and analyzing financial reports, reconciling accounts, and identifying any discrepancies or errors. Revenue accountants also collaborate with other departments to ensure compliance with accounting standards and regulations. They may assist in budgeting and forecasting revenue, as well as providing support during audits. Strong analytical skills, attention to detail, and proficiency in financial software are essential for this role.

Skills: Revenue Accountant, Financial Records, Financial Reporting, Account Reconciliation, Compliance, Budgeting
Job industry: Accounting

How much does Revenue Accountant make?

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


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Salary comparison to National average

Is Revenue Accountant a well paid job?

Yes, our data shows that Revenue 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 Revenue Accountant?

High salary for Revenue Accountant would be somewhere between 14,547,198 ISK and 19,175,851 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Revenue 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: 13,224,725 ISK
Estimated Monthly Salary: 1,102,060 ISK
Estimated Weekly Salary: 254,322 ISK per week
Estimated Hourly Salary: 6,358 ISK per hour
By working as Revenue Accountant a person can save up to 4,990 USD per month or 59,885 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 Revenue 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.

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Data as of 2025

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