Home > Salary > Iceland > Unit Accountant
A unit accountant is responsible for managing and maintaining financial records and transactions within a specific department or unit of an organization. They play a crucial role in ensuring accurate and up-to-date financial information, preparing financial statements, analyzing budgets, and monitoring expenses. Unit accountants may also be involved in forecasting and budgeting processes, assisting with audits, and providing financial reports to management.
Estimated Yearly Salary: 10,199,437 ISK
Estimated Monthly Salary: 849,953 ISK
Estimated Weekly Salary: 196,143 ISK per week
Estimated Hourly Salary: 4,904 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 824,097 ISK
Estimated Weekly Salary: 190,176 ISK per week
Estimated Hourly Salary: 4,754 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 71,774 USD
Estimated Monthly Salary: 5,981 USD
Estimated Weekly Salary: 1,380 USD per week
Estimated Hourly Salary: 35 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 10,199,437 ISK
Estimated Monthly Salary: 849,953 ISK
Estimated Weekly Salary: 196,143 ISK per week
Estimated Hourly Salary: 4,904 ISK per hour
By working as Unit Accountant a person can save up to 3,252 USD per month or 39,028 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.
Estimated Yearly Salary for Unit Accountant
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Water safety instructor (3,966,863 ISK per year, pre-tax.)
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Unit Accountant salary in Iceland
Average Yearly Salary of Unit Accountant in Iceland is approximately 10,199,437 ISK (71,774 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 Unit Accountant do?
A unit accountant is responsible for managing and maintaining financial records and transactions within a specific department or unit of an organization. They play a crucial role in ensuring accurate and up-to-date financial information, preparing financial statements, analyzing budgets, and monitoring expenses. Unit accountants may also be involved in forecasting and budgeting processes, assisting with audits, and providing financial reports to management.
Skills: Unit Accountant, Financial Records Management, Financial Transactions, Budget Analysis, Expense Monitoring, Financial Reporting
Job industry: Finance and accounting
Job industry: Finance and accounting
How much does Unit Accountant make?
Salary details
How much does Unit Accountant make?Estimated Yearly Salary: 10,199,437 ISK
Estimated Monthly Salary: 849,953 ISK
Estimated Weekly Salary: 196,143 ISK per week
Estimated Hourly Salary: 4,904 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 9,889,165 ISKEstimated Monthly Salary: 824,097 ISK
Estimated Weekly Salary: 190,176 ISK per week
Estimated Hourly Salary: 4,754 ISK per hour
Last revision of data: 2024-01-03Unit Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 71,774 USD
Estimated Monthly Salary: 5,981 USD
Estimated Weekly Salary: 1,380 USD per week
Estimated Hourly Salary: 35 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Unit Accountant job salary compared to average salary in Iceland.
Comparison shows that a person working as Unit Accountant in Iceland earns on average:
1.14 times the average salary (or 114% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Unit Accountant job salary compared to average salary in Iceland.
Comparison shows that a person working as Unit Accountant in Iceland earns on average:
1.14 times the average salary (or 114% of average salary).
Is Unit Accountant a well paid job?
Yes, our data show that Unit Accountant 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 Unit Accountant?
High salary for Unit Accountant would be somewhere between 11,219,381 ISK and 14,789,184 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Unit 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: 10,199,437 ISK
Estimated Monthly Salary: 849,953 ISK
Estimated Weekly Salary: 196,143 ISK per week
Estimated Hourly Salary: 4,904 ISK per hour
By working as Unit Accountant a person can save up to 3,252 USD per month or 39,028 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 Unit Accountant
Norway is 100,091 USD
United Kingdom is 46,995 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Water safety instructor (3,966,863 ISK per year, pre-tax.)
Data entry clerks (4,586,702 ISK per year, pre-tax.)
Folding machine operator (5,772,906 ISK per year, pre-tax.)
Pr representative (9,463,740 ISK per year, pre-tax.)
Buffet server (3,957,877 ISK per year, pre-tax.)
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