Home > Salary > Kuwait > Account Payable Associate
An accounts payable associate is responsible for managing the financial transactions and records of a company. Their main role involves processing and verifying invoices, ensuring accuracy in billing and payments, and maintaining vendor relationships. They review and reconcile accounts, track expenses, and resolve any discrepancies or issues that may arise. Additionally, they may assist in preparing financial reports and statements, as well as participate in month-end and year-end closing activities. Strong attention to detail, organizational skills, and proficiency in accounting software are essential for this role. Effective communication and collaboration with internal departments and external vendors are also key to ensure smooth operations and timely payments. Overall, an accounts payable associate plays a crucial role in maintaining the financial health and integrity of a company.
Estimated Yearly Salary: 29,844 KWD
Estimated Monthly Salary: 2,487 KWD
Estimated Weekly Salary: 574 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,398 KWD
Estimated Weekly Salary: 553 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Last revision of data: 2024-02-02
Estimated Yearly Salary: 9,967 USD
Estimated Monthly Salary: 831 USD
Estimated Weekly Salary: 192 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 29,844 KWD
Estimated Monthly Salary: 2,487 KWD
Estimated Weekly Salary: 574 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Our data indicates that by working as Account Payable Associate you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Account Payable Associate
Last revision of data: 2025-01-04
Data as of 2025
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Account Payable Associate salary in Kuwait
Average Yearly Salary of Account Payable Associate in Kuwait is approximately 29,844 KWD (9,967 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 Account Payable Associate do?
An accounts payable associate is responsible for managing the financial transactions and records of a company. Their main role involves processing and verifying invoices, ensuring accuracy in billing and payments, and maintaining vendor relationships. They review and reconcile accounts, track expenses, and resolve any discrepancies or issues that may arise. Additionally, they may assist in preparing financial reports and statements, as well as participate in month-end and year-end closing activities. Strong attention to detail, organizational skills, and proficiency in accounting software are essential for this role. Effective communication and collaboration with internal departments and external vendors are also key to ensure smooth operations and timely payments. Overall, an accounts payable associate plays a crucial role in maintaining the financial health and integrity of a company.
Skills: Accounts Payable, Financial Transactions, Invoicing, Vendor Management, Reconciliation, Financial Reporting
Job industry: Finance
Job industry: Finance
How much does Account Payable Associate make?
Salary details
How much does Account Payable Associate make?Estimated Yearly Salary: 29,844 KWD
Estimated Monthly Salary: 2,487 KWD
Estimated Weekly Salary: 574 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 28,776 KWDEstimated Monthly Salary: 2,398 KWD
Estimated Weekly Salary: 553 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Last revision of data: 2024-02-02Account Payable Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,967 USD
Estimated Monthly Salary: 831 USD
Estimated Weekly Salary: 192 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Account Payable Associate job salary compared to average salary in Kuwait.
Comparison shows that a person working as Account Payable Associate in Kuwait earns on average:
2.43 times the average salary (or 243% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Account Payable Associate job salary compared to average salary in Kuwait.
Comparison shows that a person working as Account Payable Associate in Kuwait earns on average:
2.43 times the average salary (or 243% of average salary).
Is Account Payable Associate a well paid job?
Yes, our data show that Account Payable Associate 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 Account Payable Associate?
High salary for Account Payable Associate would be somewhere between 32,828 KWD and 43,274 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Account Payable Associate in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 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: 29,844 KWD
Estimated Monthly Salary: 2,487 KWD
Estimated Weekly Salary: 574 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Our data indicates that by working as Account Payable Associate you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Account Payable Associate
Saudi Arabia is 20,562 USD
Iraq is 4,466 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 Kuwait
(419,012 KWD per year, pre-tax.)
2. Cardiologist
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
4. Neurosurgeon
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
9. Urologist
(317,161 KWD per year, pre-tax.)
10. Plastic surgeon
(316,850 KWD per year, pre-tax.)
Data as of 2025Random salary:
Dba consultant (63,345 KWD per year, pre-tax.)
Manager data entry (28,776 KWD per year, pre-tax.)
Vice president (vp), institutional advancement (87,200 KWD per year, pre-tax.)
Osp design engineer (52,320 KWD per year, pre-tax.)
General maintenance technician (19,184 KWD per year, pre-tax.)
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