General Accountant salary in Nigeria

Average Yearly Salary of General Accountant in Nigeria is approximately 4,564,228 NGN (5,433 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 General Accountant do?

A general accountant is responsible for managing financial records, analyzing data, and preparing financial reports for an organization. They ensure that financial transactions are accurately recorded, financial statements are prepared in compliance with regulations, and budgets are effectively managed. General accountants also handle tasks such as reconciling accounts, monitoring cash flow, and preparing tax returns. They may collaborate with other departments to provide financial information and advice for decision-making purposes. Strong analytical skills, attention to detail, and proficiency in accounting software are essential for this role. Additionally, general accountants should have a solid understanding of financial principles, regulations, and best practices. The occupation requires strong organizational and time management skills to meet deadlines and handle multiple tasks simultaneously.

Skills: General Accountant, Financial Analysis, Financial Reporting, Budget Management, Taxation, Compliance
Job industry: Finance and accounting

How much does General Accountant make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is General Accountant a well paid job?

Yes, our data show that General Accountant is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for General Accountant?

High salary for General Accountant would be somewhere between 5,020,651 NGN and 6,618,131 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as General 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: 4,564,228 NGN
Estimated Monthly Salary: 380,352 NGN
Estimated Weekly Salary: 87,774 NGN per week
Estimated Hourly Salary: 2,194 NGN per hour
By working as General Accountant a person can save up to 247 USD per month or 2,966 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 General Accountant

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 +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 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

Data as of 2025

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