Home > Salary > Kuwait > Bank Accountant
A bank accountant is responsible for managing and overseeing the financial transactions of a bank. They ensure accurate recording of financial data, including deposits, withdrawals, loans, and investments. Bank accountants analyze financial reports, perform audits, and reconcile accounts to maintain the bank's financial health and compliance with regulations. They also prepare financial statements, budgets, and forecasts to assist in decision-making processes. Additionally, bank accountants collaborate with other departments to provide financial advice and guidance, identify areas for improvement, and implement effective financial controls. This occupation requires strong analytical skills, attention to detail, and knowledge of accounting principles and banking regulations.
Estimated Yearly Salary: 41,092 KWD
Estimated Monthly Salary: 3,424 KWD
Estimated Weekly Salary: 790 KWD per week
Estimated Hourly Salary: 20 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,306 KWD
Estimated Weekly Salary: 763 KWD per week
Estimated Hourly Salary: 19 KWD per hour
Last revision of data: 2024-02-05
Estimated Yearly Salary: 13,791 USD
Estimated Monthly Salary: 1,149 USD
Estimated Weekly Salary: 265 USD per week
Estimated Hourly Salary: 7 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: 41,092 KWD
Estimated Monthly Salary: 3,424 KWD
Estimated Weekly Salary: 790 KWD per week
Estimated Hourly Salary: 20 KWD per hour
Our data indicates that by working as Bank Accountant 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 Bank Accountant
Last revision of data: 2025-01-04
Data as of 2025
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Bank Accountant salary in Kuwait
Average Yearly Salary of Bank Accountant in Kuwait is approximately 41,092 KWD (13,791 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 Bank Accountant do?
A bank accountant is responsible for managing and overseeing the financial transactions of a bank. They ensure accurate recording of financial data, including deposits, withdrawals, loans, and investments. Bank accountants analyze financial reports, perform audits, and reconcile accounts to maintain the bank's financial health and compliance with regulations. They also prepare financial statements, budgets, and forecasts to assist in decision-making processes. Additionally, bank accountants collaborate with other departments to provide financial advice and guidance, identify areas for improvement, and implement effective financial controls. This occupation requires strong analytical skills, attention to detail, and knowledge of accounting principles and banking regulations.
Skills: Bank accountant, Financial transactions, Financial analysis, Auditing, Compliance, Financial reporting
Job industry: Banking
Job industry: Banking
How much does Bank Accountant make?
Salary details
How much does Bank Accountant make?Estimated Yearly Salary: 41,092 KWD
Estimated Monthly Salary: 3,424 KWD
Estimated Weekly Salary: 790 KWD per week
Estimated Hourly Salary: 20 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 39,676 KWDEstimated Monthly Salary: 3,306 KWD
Estimated Weekly Salary: 763 KWD per week
Estimated Hourly Salary: 19 KWD per hour
Last revision of data: 2024-02-05Bank Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 13,791 USD
Estimated Monthly Salary: 1,149 USD
Estimated Weekly Salary: 265 USD per week
Estimated Hourly Salary: 7 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 Bank Accountant job salary compared to average salary in Kuwait.
Comparison shows that a person working as Bank Accountant in Kuwait earns on average:
3.34 times the average salary (or 334% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Bank Accountant job salary compared to average salary in Kuwait.
Comparison shows that a person working as Bank Accountant in Kuwait earns on average:
3.34 times the average salary (or 334% of average salary).
Is Bank Accountant a well paid job?
Yes, our data show that Bank 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 Bank Accountant?
High salary for Bank Accountant would be somewhere between 45,201 KWD and 59,583 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Accountant 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: 41,092 KWD
Estimated Monthly Salary: 3,424 KWD
Estimated Weekly Salary: 790 KWD per week
Estimated Hourly Salary: 20 KWD per hour
Our data indicates that by working as Bank Accountant 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 Bank Accountant
Saudi Arabia is 28,232 USD
Iraq is 6,167 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:
Career service coordinator (34,880 KWD per year, pre-tax.)
Smt process engineer (44,772 KWD per year, pre-tax.)
Inside sales coordinator (31,668 KWD per year, pre-tax.)
Staff engineer mechanical engineering (76,076 KWD per year, pre-tax.)
Drug and alcohol counselor (30,576 KWD per year, pre-tax.)
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Please note:This website presents salary estimates for informational purposes exclusively.
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Salary details displayed on this website are meant for informational use exclusively. Our data comes from multiple inputs and may not necessarily be up to date. Users must cross-reference salary information independently before making financial commitments. The figures listed here may fluctuate due to factors such as location, industry standards, and individual skill sets. We do not guarantee that the information provided is error-free. By accessing this website, you accept that salary information is presented 'as is' and without warranties.