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Accountant Salary in Singapore
Accountants in Singapore earn a median of SGD 172,000 per year (about $133,072), ranking 1st of 62 countries we track for this role. Entry-level pay starts near SGD 117,000, while senior professionals reach SGD 238,000 or more.
Globally, Singapore pays this role well — 1st of 62 countries, ahead of most of its peers. Within East Asia & Pacific, Singapore is a standout: its median is about 138% above the regional average for this job.
Accountant Salary Table
| Experience | 25th % | Median | 75th % | 90th % |
|---|---|---|---|---|
| Entry Level (0-2 years) | SGD 98,400 | SGD 117,000 | SGD 142,000 | SGD 170,000 |
| Mid Level (3-5 years) | SGD 145,000 | SGD 172,000 | SGD 208,000 | SGD 250,000 |
| Senior (6-10 years) | SGD 200,000 | SGD 238,000 | SGD 288,000 | SGD 345,000 |
| Lead / Staff (10+ years) | SGD 249,000 | SGD 296,000 | SGD 358,000 | SGD 429,000 |
| Executive / Director | SGD 325,000 | SGD 387,000 | SGD 469,000 | SGD 562,000 |
Salary by Experience
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Tax & Cost of Living
Tax Estimation
- Gross Salary
- SGD 172,000
- Estimated Tax
- -SGD 44,648
- Net Salary
- SGD 127,352
- Effective rate
- 26.0%
Estimate only. Consult a tax professional for accurate calculations.
Currency Converter
AED 488,706
SGD 172,000 converted
Demand Outlook
60%
Remote Opportunities
What Accountants Make in Singapore
The middle 50% of accountants in Singapore earn between SGD 145,000 and SGD 208,000 a year, with the median at SGD 172,000. Where you fall in that range depends mostly on three things: years of experience, employer type, and specialization. This is largely location-bound work, so local market conditions and the strength of Singapore's economy set the ceiling more than international rates do.
Singapore vs the World
At current exchange rates, Singapore's median works out to $133,072, compared with $79,000 in the United States for the same job. The highest-paying countries we track for this role are Singapore ($133,072), Ireland ($121,094), Qatar ($116,209). Keep in mind that higher-paying markets usually pair with higher living costs, so net purchasing power gaps are smaller than the headline numbers.
How Pay Grows Over a Career
Experience pays in this field: entry-level roles average SGD 117,000, mid-career professionals earn a median of SGD 172,000, and senior specialists reach SGD 238,000+. That is a 2.0x span from first job to senior level. In Singapore, the biggest single jumps typically come from switching employers rather than internal raises — a pattern consistent across most markets we track.
Demand for Accountants in Singapore
Demand for accountants in Singapore is exceptionally strong, scoring 84/100 on our demand index. About 60% of positions in this field can be performed remotely or in hybrid arrangements, which widens the effective job market for candidates in Singapore beyond national borders. For job seekers this tilts negotiating leverage toward candidates: multiple offers are realistic, and counter-offers are common.
Inflation and Real Earnings
Inflation in Singapore is a modest 0.9%, so nominal salary figures translate fairly directly into stable purchasing power. Raises above 0.9% represent genuine real-terms gains.
What It Takes to Become a Accountant
Most employers expect bachelor's degree in accounting; cpa often preferred. Day to day, the skills that consistently correlate with higher pay in this field are financial reporting, tax preparation, gaap/ifrs — and, at senior levels, excel and reconciliation. Candidates who can demonstrate these with concrete work examples routinely land in the upper half of the salary range.
Where This Role Can Lead
Skills from this role transfer well into adjacent positions such as Auditor, Financial Analyst, Bookkeeper. Lateral moves like these are one of the most reliable ways to accelerate pay growth in Singapore — particularly moves toward roles with higher demand scores or greater remote flexibility.
Required Skills
References
Frequently Asked Questions
- What is the average accountant salary in Singapore?
- The median accountant salary in Singapore is SGD 172,000 per year (about $133,072). The middle 50% of earners make between SGD 145,000 and SGD 208,000.
- What does an entry-level accountant earn in Singapore?
- Entry-level professionals (0-2 years of experience) typically earn around SGD 117,000 per year. Pay rises steeply over the first five to eight years of a career.
- Is Singapore a good place to work as a accountant?
- Singapore ranks 1st of 62 countries we track for this role by USD salary, and demand scores 84/100. That combination makes it one of the stronger markets for this profession.
- How much more do senior accountants earn?
- Senior professionals in Singapore earn a median of SGD 238,000 — roughly 1.4x the mid-career median and 2.0x entry-level pay.
- Can accountants work remotely in Singapore?
- Yes — approximately 60% of positions in this field support remote or hybrid work, and some professionals in Singapore work for foreign employers at international rates.
- What is the take-home pay on a median accountant salary in Singapore?
- At an effective tax rate of roughly 26%, a SGD 172,000 gross salary leaves approximately SGD 127,352 after income tax. Actual take-home varies with deductions, social contributions, and personal circumstances.
- Which country pays accountants the most?
- Among the countries we track, Singapore pays the highest median for this role at about $133,072 per year, followed by Ireland ($121,094).
Related Pages
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