Home > Salary > Iraq > Fixed Asset Accountant
A fixed asset accountant is responsible for managing and maintaining a company's fixed assets, which include land, buildings, vehicles, machinery, and equipment. Their primary role is to ensure accurate recording and reporting of fixed assets in compliance with accounting principles and regulations. They track the acquisition, depreciation, disposal, and valuation of fixed assets, ensuring that all transactions are properly recorded in the general ledger. Fixed asset accountants also conduct periodic audits to verify the physical existence of assets and reconcile any discrepancies. They collaborate with other departments to gather information on asset acquisitions and disposals, and provide support during financial audits. Attention to detail, strong analytical skills, and knowledge of accounting principles and regulations are essential for this role.
Estimated Yearly Salary: 10,096,765 IQD
Estimated Monthly Salary: 841,397 IQD
Estimated Weekly Salary: 194,169 IQD per week
Estimated Hourly Salary: 4,854 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 815,718 IQD
Estimated Weekly Salary: 188,243 IQD per week
Estimated Hourly Salary: 4,706 IQD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 6,836 USD
Estimated Monthly Salary: 570 USD
Estimated Weekly Salary: 131 USD per week
Estimated Hourly Salary: 3 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: 10,096,765 IQD
Estimated Monthly Salary: 841,397 IQD
Estimated Weekly Salary: 194,169 IQD per week
Estimated Hourly Salary: 4,854 IQD per hour
By working as Fixed Asset Accountant a person can save up to 330 USD per month or 3,956 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 Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Fixed Asset Accountant
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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High school assistant principal (11,342,400 IQD per year, pre-tax.)
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Fixed Asset Accountant salary in Iraq
Average Yearly Salary of Fixed Asset Accountant in Iraq is approximately 10,096,765 IQD (6,836 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 Fixed Asset Accountant do?
A fixed asset accountant is responsible for managing and maintaining a company's fixed assets, which include land, buildings, vehicles, machinery, and equipment. Their primary role is to ensure accurate recording and reporting of fixed assets in compliance with accounting principles and regulations. They track the acquisition, depreciation, disposal, and valuation of fixed assets, ensuring that all transactions are properly recorded in the general ledger. Fixed asset accountants also conduct periodic audits to verify the physical existence of assets and reconcile any discrepancies. They collaborate with other departments to gather information on asset acquisitions and disposals, and provide support during financial audits. Attention to detail, strong analytical skills, and knowledge of accounting principles and regulations are essential for this role.
Skills: fixed asset management, financial accounting, depreciation accounting, asset valuation, financial reporting, compliance.
Job industry: Accounting
Job industry: Accounting
How much does Fixed Asset Accountant make?
Salary details
How much does Fixed Asset Accountant make?Estimated Yearly Salary: 10,096,765 IQD
Estimated Monthly Salary: 841,397 IQD
Estimated Weekly Salary: 194,169 IQD per week
Estimated Hourly Salary: 4,854 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 9,788,610 IQDEstimated Monthly Salary: 815,718 IQD
Estimated Weekly Salary: 188,243 IQD per week
Estimated Hourly Salary: 4,706 IQD per hour
Last revision of data: 2024-01-09Fixed Asset Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,836 USD
Estimated Monthly Salary: 570 USD
Estimated Weekly Salary: 131 USD per week
Estimated Hourly Salary: 3 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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Country:
Salary comparison to National average
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Fixed Asset Accountant job salary compared to average salary in Iraq.
Comparison shows that a person working as Fixed Asset Accountant in Iraq earns on average:
1.24 times the average salary (or 124% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Fixed Asset Accountant job salary compared to average salary in Iraq.
Comparison shows that a person working as Fixed Asset Accountant in Iraq earns on average:
1.24 times the average salary (or 124% of average salary).
Is Fixed Asset Accountant a well paid job?
Yes, our data shows that Fixed Asset 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 Fixed Asset Accountant?
High salary for Fixed Asset Accountant would be somewhere between 11,106,442 IQD and 14,640,309 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Fixed Asset Accountant in Iraq?
Living in Iraq the approximate monthly expenses are: 240 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: 10,096,765 IQD
Estimated Monthly Salary: 841,397 IQD
Estimated Weekly Salary: 194,169 IQD per week
Estimated Hourly Salary: 4,854 IQD per hour
By working as Fixed Asset Accountant a person can save up to 330 USD per month or 3,956 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 Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Fixed Asset Accountant
Iran is 9,015 USD
Jordan is 10,807 USD
Kuwait is 15,306 USD
Saudi Arabia is 31,488 USD
Syria is 4,184 USD
Turkey is 12,053 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Regional vice president (rvp), sales (22,582,716 IQD per year, pre-tax.)
Health information management (him), manager (8,649,600 IQD per year, pre-tax.)
Is auditor edp auditor (7,262,400 IQD per year, pre-tax.)
High school assistant principal (11,342,400 IQD per year, pre-tax.)
Loss prevention officer (5,330,754 IQD per year, pre-tax.)
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