Home > Salary > Kuwait > 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: 45,499 KWD
Estimated Monthly Salary: 3,792 KWD
Estimated Weekly Salary: 875 KWD per week
Estimated Hourly Salary: 22 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,670 KWD
Estimated Weekly Salary: 847 KWD per week
Estimated Hourly Salary: 21 KWD per hour
Last revision of data: 2024-02-03
Estimated Yearly Salary: 15,306 USD
Estimated Monthly Salary: 1,276 USD
Estimated Weekly Salary: 294 USD per week
Estimated Hourly Salary: 7 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: 45,499 KWD
Estimated Monthly Salary: 3,792 KWD
Estimated Weekly Salary: 875 KWD per week
Estimated Hourly Salary: 22 KWD per hour
Our data indicates that by working as Fixed Asset 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 Fixed Asset Accountant
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Fixed Asset Accountant salary in Kuwait
Average Yearly Salary of Fixed Asset Accountant in Kuwait is approximately 45,499 KWD (15,306 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: 45,499 KWD
Estimated Monthly Salary: 3,792 KWD
Estimated Weekly Salary: 875 KWD per week
Estimated Hourly Salary: 22 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 44,036 KWDEstimated Monthly Salary: 3,670 KWD
Estimated Weekly Salary: 847 KWD per week
Estimated Hourly Salary: 21 KWD per hour
Last revision of data: 2024-02-03Fixed Asset Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 15,306 USD
Estimated Monthly Salary: 1,276 USD
Estimated Weekly Salary: 294 USD per week
Estimated Hourly Salary: 7 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
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 Fixed Asset Accountant job salary compared to average salary in Kuwait.
Comparison shows that a person working as Fixed Asset Accountant in Kuwait earns on average:
3.7 times the average salary (or 370% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Fixed Asset Accountant job salary compared to average salary in Kuwait.
Comparison shows that a person working as Fixed Asset Accountant in Kuwait earns on average:
3.7 times the average salary (or 370% of average salary).
Is Fixed Asset Accountant a well paid job?
Yes, our data show that Fixed Asset 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 Fixed Asset Accountant?
High salary for Fixed Asset Accountant would be somewhere between 50,049 KWD and 65,974 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Fixed Asset 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: 45,499 KWD
Estimated Monthly Salary: 3,792 KWD
Estimated Weekly Salary: 875 KWD per week
Estimated Hourly Salary: 22 KWD per hour
Our data indicates that by working as Fixed Asset 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 Fixed Asset Accountant
Saudi Arabia is 31,488 USD
Iraq is 6,836 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:
Welder (30,084 KWD per year, pre-tax.)
Account service representative (28,074 KWD per year, pre-tax.)
General ledger clerk (27,918 KWD per year, pre-tax.)
Sales manager (49,622 KWD per year, pre-tax.)
Ship captain (77,888 KWD per year, pre-tax.)
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