Senior Manager Accountant salary in Iceland

Average Yearly Salary of Senior Manager Accountant in Iceland is approximately 23,626,739 ISK (164,267 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 Manager Accountant do?

A senior manager accountant is a highly experienced professional responsible for overseeing financial operations within an organization. They play a crucial role in managing and analyzing financial data, preparing financial statements, and ensuring compliance with accounting regulations. Senior manager accountants also provide strategic guidance to the organization by conducting financial forecasting, budgeting, and risk analysis. They collaborate with other departments to develop and implement financial policies and procedures, as well as monitor and control costs. Additionally, senior manager accountants may supervise a team of accountants, providing mentorship and guidance to ensure accurate and timely reporting.

Skills: Senior Manager Accountant, Financial Operations, Financial Analysis, Compliance, Strategic Planning, Budgeting, Team Management
Job industry: Accounting

How much does Senior Manager 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 Senior Manager Accountant a well paid job?

Yes, our data show that Senior Manager Accountant 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 Senior Manager Accountant?

High salary for Senior Manager Accountant would be somewhere between 25,989,413 ISK and 34,258,772 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Manager 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: 23,626,739 ISK
Estimated Monthly Salary: 1,968,895 ISK
Estimated Weekly Salary: 454,360 ISK per week
Estimated Hourly Salary: 11,359 ISK per hour
By working as Senior Manager Accountant a person can save up to 10,960 USD per month or 131,521 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 Manager 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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