Senior Bookkeeper salary in Iceland

Average Yearly Salary of Senior Bookkeeper in Iceland is approximately 8,777,453 ISK (61,635 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 Senior Bookkeeper do?

A senior bookkeeper is responsible for managing and overseeing the financial records and transactions of an organization. They ensure accurate and timely recording of financial data, including accounts payable and receivable, payroll, and general ledger entries. Senior bookkeepers may also be involved in budgeting, forecasting, and financial analysis to support decision-making processes. They supervise a team of bookkeepers and collaborate with other departments to ensure compliance with accounting principles and regulations. Senior bookkeepers may also assist in the preparation of financial statements and reports for management or external stakeholders. Strong analytical skills, attention to detail, and proficiency in accounting software are essential for this role.

Skills: senior bookkeeper, financial records management, accounting, financial analysis, team supervision, compliance.
Job industry: Accounting

How much does Senior Bookkeeper make?

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


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Salary comparison to National average

Is Senior Bookkeeper a well paid job?

Yes, our data show that Senior Bookkeeper is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Senior Bookkeeper?

High salary for Senior Bookkeeper would be somewhere between 9,655,198 ISK and 12,727,307 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Bookkeeper 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: 8,777,453 ISK
Estimated Monthly Salary: 731,454 ISK
Estimated Weekly Salary: 168,797 ISK per week
Estimated Hourly Salary: 4,220 ISK per hour
By working as Senior Bookkeeper a person can save up to 2,407 USD per month or 28,889 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 Senior Bookkeeper

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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