Home > Salary > Nigeria > Payroll Accountant
A payroll accountant is responsible for ensuring accurate and timely processing of employee wages and benefits within an organization. They compile and maintain payroll records, calculate salaries, deductions, and taxes, and prepare payroll reports. Additionally, they may handle issues related to overtime, leave, and employee benefits. Payroll accountants must stay up-to-date with tax laws and regulations to ensure compliance and accurate reporting. They may also assist in audits and provide support during the budgeting process.
Estimated Yearly Salary: 4,850,525 NGN
Estimated Monthly Salary: 404,210 NGN
Estimated Weekly Salary: 93,279 NGN per week
Estimated Hourly Salary: 2,332 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 390,342 NGN
Estimated Weekly Salary: 90,079 NGN per week
Estimated Hourly Salary: 2,252 NGN per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 5,800 USD
Estimated Monthly Salary: 483 USD
Estimated Weekly Salary: 112 USD per week
Estimated Hourly Salary: 3 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: 4,850,525 NGN
Estimated Monthly Salary: 404,210 NGN
Estimated Weekly Salary: 93,279 NGN per week
Estimated Hourly Salary: 2,332 NGN per hour
By working as Payroll Accountant a person can save up to 278 USD per month or 3,333 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.
Estimated Yearly Salary for Payroll Accountant
Last revision of data: 2025-01-04
Data as of 2025
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Payroll Accountant salary in Nigeria
Average Yearly Salary of Payroll Accountant in Nigeria is approximately 4,850,525 NGN (5,800 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 Payroll Accountant do?
A payroll accountant is responsible for ensuring accurate and timely processing of employee wages and benefits within an organization. They compile and maintain payroll records, calculate salaries, deductions, and taxes, and prepare payroll reports. Additionally, they may handle issues related to overtime, leave, and employee benefits. Payroll accountants must stay up-to-date with tax laws and regulations to ensure compliance and accurate reporting. They may also assist in audits and provide support during the budgeting process.
Skills: payroll accountant, payroll processing, payroll records, salary calculations, tax compliance, employee benefits
Job industry: Accounting
Job industry: Accounting
How much does Payroll Accountant make?
Salary details
How much does Payroll Accountant make?Estimated Yearly Salary: 4,850,525 NGN
Estimated Monthly Salary: 404,210 NGN
Estimated Weekly Salary: 93,279 NGN per week
Estimated Hourly Salary: 2,332 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,684,108 NGNEstimated Monthly Salary: 390,342 NGN
Estimated Weekly Salary: 90,079 NGN per week
Estimated Hourly Salary: 2,252 NGN per hour
Last revision of data: 2024-01-02Payroll Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,800 USD
Estimated Monthly Salary: 483 USD
Estimated Weekly Salary: 112 USD per week
Estimated Hourly Salary: 3 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
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 Payroll Accountant job salary compared to average salary in Nigeria.
Comparison shows that a person working as Payroll Accountant in Nigeria earns on average:
1.23 times the average salary (or 123% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Payroll Accountant job salary compared to average salary in Nigeria.
Comparison shows that a person working as Payroll Accountant in Nigeria earns on average:
1.23 times the average salary (or 123% of average salary).
Is Payroll Accountant a well paid job?
Yes, our data shows that Payroll 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 Payroll Accountant?
High salary for Payroll Accountant would be somewhere between 5,335,578 NGN and 7,033,261 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Payroll 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: 4,850,525 NGN
Estimated Monthly Salary: 404,210 NGN
Estimated Weekly Salary: 93,279 NGN per week
Estimated Hourly Salary: 2,332 NGN per hour
By working as Payroll Accountant a person can save up to 278 USD per month or 3,333 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 Payroll Accountant
Cameroon is 1,865 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 Nigeria
(44,763,887 NGN per year, pre-tax.)
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4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
7. Oncologist
(34,169,925 NGN per year, pre-tax.)
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10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Customs officer (6,323,504 NGN per year, pre-tax.)
Clinical informatics specialist (4,808,894 NGN per year, pre-tax.)
Front deskreceptionist medical or dental office (2,388,452 NGN per year, pre-tax.)
Photo editor (3,983,002 NGN per year, pre-tax.)
Sap operator (5,757,744 NGN per year, pre-tax.)
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