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Company Accountant salary in Nigeria

Average Yearly Salary of Company Accountant in Nigeria is approximately 5,184,835 NGN (6,225 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 Company Accountant do?

occupation personasA company accountant is responsible for managing and overseeing the financial activities of an organization. Their main duties include preparing financial statements, analyzing and interpreting financial data, ensuring compliance with tax regulations, and providing recommendations for improving financial performance. They are also involved in budgeting, forecasting, and monitoring cash flow to ensure the company's financial stability. In addition, they may assist with audits, manage payroll, and handle financial reporting.

Skills: Company accountant, Financial management, Financial analysis, Tax compliance, Budgeting, Cash flow management
Job industry: Finance and accounting


How much does Company Accountant make?

Salary details
How much does Company Accountant make?
Estimated Yearly Salary: 5,184,835 NGN
Estimated Monthly Salary: 432,070 NGN
Estimated Weekly Salary: 99,708 NGN per week
Estimated Hourly Salary: 2,493 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 5,011,820 NGN
Estimated Monthly Salary: 417,652 NGN
Estimated Weekly Salary: 96,381 NGN per week
Estimated Hourly Salary: 2,410 NGN per hour
Last revision of data: 2024-01-06



Company Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 6,225 USD
Estimated Monthly Salary: 519 USD
Estimated Weekly Salary: 120 USD per week
Estimated Hourly Salary: 3 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.

Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Company Accountant job salary compared to average salary in Nigeria.
Comparison shows that a person working as Company Accountant in Nigeria earns on average:
1.31 times the average salary (or 131% of average salary).

Is Company Accountant a well paid job?

Yes, our data shows that Company 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 Company Accountant?

High salary for Company Accountant would be somewhere between 5,703,319 NGN and 7,518,011 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Company Accountant in Nigeria?

Living in Nigeria the approximate monthly expenses are: 206 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: 5,184,835 NGN
Estimated Monthly Salary: 432,070 NGN
Estimated Weekly Salary: 99,708 NGN per week
Estimated Hourly Salary: 2,493 NGN per hour
By working as Company Accountant a person can save up to 313 USD per month or 3,758 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 Nigeria, see costs of living in Nigeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Niger, Chad, Cameroon, Benin.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Company Accountant

Cameroon is 2,009 USDdown arrow 68%
Details on Company Accountant salary in Cameroon
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Nigeria

(44,763,887 NGN per year, pre-tax.)
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
(34,129,168 NGN per year, pre-tax.)

Data as of 2025

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optisalary.com aggregates salary information for reference use exclusively. While we endeavor to present accurate estimates, we cannot warrant their full reliability. Users are strongly encouraged to consult additional databases before finalizing financial plans. Salary figures vary based on several conditions, such as location, job role, and individual qualifications. We do not offer any guarantees as to the validity of the listed data. Your use of this site indicates agreement of this disclaimer.
optisalary.com provides salary data exclusively for informational use. While we strive for accuracy, we cannot ensure the precision of all figures. Users must verify salary details with reliable sources before making career-related decisions. Salary amounts can vary based on multiple elements, such as geographic location, experience, and job role. We accept no responsibility for errors in the salary estimates provided. By accessing this website, you accept that salary data is subject to change.