Home > Salary > Singapore > 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: 138,343 SGD
Estimated Monthly Salary: 11,529 SGD
Estimated Weekly Salary: 2,660 SGD per week
Estimated Hourly Salary: 67 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,109 SGD
Estimated Weekly Salary: 2,564 SGD per week
Estimated Hourly Salary: 64 SGD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 68,842 USD
Estimated Monthly Salary: 5,737 USD
Estimated Weekly Salary: 1,324 USD per week
Estimated Hourly Salary: 33 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: 138,343 SGD
Estimated Monthly Salary: 11,529 SGD
Estimated Weekly Salary: 2,660 SGD per week
Estimated Hourly Salary: 67 SGD per hour
By working as Bank Accountant a person can save up to 3,049 USD per month or 36,586 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Bank Accountant
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Alignment mechanic (77,055 SGD per year, pre-tax.)
Country club director (209,490 SGD per year, pre-tax.)
Flagger (42,980 SGD per year, pre-tax.)
Environmental sciences and protection technician including health (61,521 SGD per year, pre-tax.)
Data center technician (127,452 SGD per year, pre-tax.)
Bank Accountant salary in Singapore
Average Yearly Salary of Bank Accountant in Singapore is approximately 138,343 SGD (68,842 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: 138,343 SGD
Estimated Monthly Salary: 11,529 SGD
Estimated Weekly Salary: 2,660 SGD per week
Estimated Hourly Salary: 67 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 133,312 SGDEstimated Monthly Salary: 11,109 SGD
Estimated Weekly Salary: 2,564 SGD per week
Estimated Hourly Salary: 64 SGD per hour
Last revision of data: 2024-01-05Bank Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 68,842 USD
Estimated Monthly Salary: 5,737 USD
Estimated Weekly Salary: 1,324 USD per week
Estimated Hourly Salary: 33 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Bank Accountant job salary compared to average salary in Singapore.
Comparison shows that a person working as Bank Accountant in Singapore earns on average:
1.45 times the average salary (or 145% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Bank Accountant job salary compared to average salary in Singapore.
Comparison shows that a person working as Bank Accountant in Singapore earns on average:
1.45 times the average salary (or 145% of average salary).
Is Bank Accountant a well paid job?
Yes, our data shows that Bank 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 Bank Accountant?
High salary for Bank Accountant would be somewhere between 152,177 SGD and 200,597 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Accountant in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 138,343 SGD
Estimated Monthly Salary: 11,529 SGD
Estimated Weekly Salary: 2,660 SGD per week
Estimated Hourly Salary: 67 SGD per hour
By working as Bank Accountant a person can save up to 3,049 USD per month or 36,586 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. 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
Malaysia is 18,301 USD
Indonesia is 10,834 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 Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Alignment mechanic (77,055 SGD per year, pre-tax.)
Country club director (209,490 SGD per year, pre-tax.)
Flagger (42,980 SGD per year, pre-tax.)
Environmental sciences and protection technician including health (61,521 SGD per year, pre-tax.)
Data center technician (127,452 SGD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=singapore&job=bank-accountant'><img src='https://optisalary.com/wp-content/graphs/salary/bank-accountant-salary-in-singapore-2025.jpg' alt='bank accountant salary in singapore 2025' title='bank accountant salary in singapore 2025' /></a>
Please note:The salary estimates on optisalary.com are meant for reference use exclusively.
All salary data on this website are for informational use only. We gather data from various trusted databases, yet cannot ensure complete accuracy. Before making financial choices, visitors should cross-check with external verified sources. Salaries fluctuate due to various factors, including economic conditions, job market trends, and geographic location. We disclaim any responsibility for errors in the salary information provided here. Your use with this website indicates agreement of this policy.
This website aggregates salary information for reference purposes only. While we endeavor to deliver correct estimates, we cannot ensure their full reliability. Users are strongly advised to consult other databases before finalizing financial plans. Salary figures vary based on several factors, such as industry trends, negotiation power, and regional demand. We make no claims as to the correctness of the listed information. Your use of this site acknowledges agreement of this disclaimer.