Average Account Examiner Salary in Iceland for 2026
In this article, we will look at the average Account Examiner salary for 2026 in Iceland and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the Icelandic króna. To keep things simple, we are using the ISK currency code instead of the currency symbol kr.
How Much Does an Account Examiner Make in Iceland?
An Account Examiner working in Iceland will typically earn around 4,162,800 ISK per year, and this can range from the lowest average salary of about 1,921,500 ISK to the highest average salary of 6,624,300 ISK.
These are average salaries for an Account Examiner in Iceland and include benefits such as housing and transport. It's also possible for an Account Examiner to earn more or less than the average salaries shown above.
Account Examiner salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Account Examiner Salaries in Iceland
So we've looked at the average salaries an Account Examiner will earn in Iceland. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that an Account Examiner can earn between 1,921,500 ISK and 6,624,300 ISK on average in Iceland. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
Median salary
The median salary for an Account Examiner in Iceland is 4,499,000 ISK. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 4,499,000 ISK, and 50% of the population earn more than 4,499,000 ISK.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Account Examiner salary in Iceland, 25% of the population are earning less than 2,893,600 ISK while 75% of the population earn more than 2,893,600 ISK.
75% of the population earn less than 6,011,900 ISK, and 25% of the population earn more than 6,011,900 ISK.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Account Examiner Salary by Experience Level in Iceland
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average Account Examiner salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
- 0 - 2 Years Experience. An Account Examiner in Iceland that has less than two years of experience can expect to earn somewhere in the region of 2,173,000 ISK.
- 2 - 5 Years Experience. With two to five years of experience the average Account Examiner salary would increase to 2,902,500 ISK.
- 5 - 10 Years Experience. From five to ten years of experience as an Account Examiner, the average salary would be 4,297,400 ISK.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 5,232,400 ISK.
- 15 - 20 Years Experience. An Account Examiner with 15 to 20 years of experience can earn an average of 5,711,000 ISK.
- 20+ Years Experience. For an Account Examiner with more than 20 years, the expected average salary increases to 6,179,700 ISK.
Average Salary by Experience Chart
| 0-2 Years | - | 2,173,000 ISK |
| 2-5 Years | +34% | 2,902,500 ISK |
| 5-10 Years | +48% | 4,297,400 ISK |
| 10-15 Years | +22% | 5,232,400 ISK |
| 15-20 Years | +9% | 5,711,000 ISK |
| 20+ Years | +8% | 6,179,700 ISK |
Account Examiner Salary by Education Level in Iceland
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for an Account Examiner in Iceland based on the education level of the employees in order to find out whether a better education level would increase your salary.
- High School. An Account Examiner in Iceland with a high school education can earn an average salary of 2,662,900 ISK.
- Certificate or Diploma. An Account Examiner in Iceland with a certificate or diploma education can earn an average salary of 3,144,700 ISK.
- Bachelor's Degree. An Account Examiner in Iceland with a bachelor's degree education can earn an average salary of 4,548,600 ISK.
- Master's Degree. An Account Examiner in Iceland with a master's degree education can earn an average salary of 5,963,300 ISK.
Average Salary by Education Chart
| High School | - | 2,662,900 ISK |
| Certificate or Diploma | +18% | 3,144,700 ISK |
| Bachelor's Degree | +45% | 4,548,600 ISK |
| Master's Degree | +31% | 5,963,300 ISK |
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in Iceland is around 3,440,000 to 10,300,000 ISK and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Account Examiner Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In Iceland, a male account examiner will earn an average of 4,260,400 ISK, while a female account examiner will earn around 4,067,600 ISK.
This means that a male account examiner earns approximately 5% more than a female account examiner for performing the same job.
Average Salary by Gender Chart in Iceland
| Male | - | 4,260,400 ISK |
| Female | -5% | 4,067,600 ISK |
Account Examiner Average Pay Raise in Iceland
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for an Account Examiner in Iceland is around 6% every 28 months.
The national average pay raise across all professions and industries in Iceland is around 4% every 29 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 6 ÷ 28 ) × 12 = 3%
What this means is that an Account Examiner in Iceland can expect to receive an average pay raise of around 3% every 12 months.
Annual Pay Raise by Industry in Iceland for 2026
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Iceland.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 9% |
| Energy | - | 9% |
| Information Technology | - | 9% |
| Healthcare | - | 9% |
| Travel | - | 9% |
| Construction | - | 9% |
| Education | - | 9% |
Account Examiner Bonus and Incentive Rates in Iceland
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
An Account Examiner is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.
85% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 4%.
| Received Bonus | - | 15% |
| No Bonus | - | 85% |
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in Iceland earn approximately 25% more than private sector employees in the same role.
| Public Sector | - | 9,154,500 ISK |
| Private Sector | -25% | 7,331,800 ISK |
Salaries for Jobs Similar to an Account Examiner
In the table below, we have salary information for jobs that are similar to an Account Examiner in Iceland.
| Job Title | Category | Salary |
|---|---|---|
| Account Executive | Accounting and Finance | 6,901,600 ISK |
| Accountant | Accounting and Finance | 5,123,800 ISK |
| Accounting Analyst | Accounting and Finance | 7,081,500 ISK |
| Accounting Assistant | Accounting and Finance | 4,006,500 ISK |
| Accounting Associate | Accounting and Finance | 4,067,600 ISK |
| Accounting Clerk | Accounting and Finance | 3,335,900 ISK |
| Accounting Coordinator | Accounting and Finance | 5,003,800 ISK |
| Accounting Head | Accounting and Finance | 10,919,400 ISK |
| Accounting Manager | Accounting and Finance | 12,239,700 ISK |
| Accounting Officer | Accounting and Finance | 4,260,400 ISK |
| Accounting Specialist | Accounting and Finance | 7,789,700 ISK |
| Accounting Supervisor | Accounting and Finance | 7,763,600 ISK |
| Accounting Technician | Accounting and Finance | 3,875,100 ISK |
| Accounting Unit Controller | Accounting and Finance | 9,623,400 ISK |
| Accounts Executive | Accounting and Finance | 7,150,200 ISK |
| Accounts Officer | Accounting and Finance | 4,499,000 ISK |
| Accounts Payable Assistant | Accounting and Finance | 4,260,400 ISK |
| Accounts Payable Associate | Accounting and Finance | 5,146,100 ISK |
| Accounts Payable Clerk | Accounting and Finance | 4,282,500 ISK |
| Accounts Payable Manager | Accounting and Finance | 11,389,900 ISK |
| Accounts Payable and Receivable Specialist | Accounting and Finance | 5,495,200 ISK |
| Accounts Receivable Administrator | Accounting and Finance | 7,834,900 ISK |
| Accounts Receivable Clerk | Accounting and Finance | 4,282,500 ISK |
| Accounts Receivable Financial Analyst | Accounting and Finance | 8,075,200 ISK |
| Accounts Receivable Manager | Accounting and Finance | 11,184,400 ISK |
| Accounts Receivable Team Leader | Accounting and Finance | 8,038,700 ISK |
| Assistant Accountant | Accounting and Finance | 4,201,000 ISK |
| Assistant Accounting Manager | Accounting and Finance | 10,369,900 ISK |
| Assistant Auditor | Accounting and Finance | 5,447,200 ISK |
| Assistant Corporate Controller | Accounting and Finance | 7,715,800 ISK |
| Assistant Finance Manager | Accounting and Finance | 11,772,100 ISK |
| Assistant Financial Controller | Accounting and Finance | 7,726,700 ISK |
| Audit Director | Accounting and Finance | 12,481,200 ISK |
| Audit Supervisor | Accounting and Finance | 10,463,500 ISK |
| Auditing Clerk | Accounting and Finance | 4,499,000 ISK |
| Auditing Manager | Accounting and Finance | 11,867,000 ISK |
| Billing Clerk | Accounting and Finance | 4,093,700 ISK |
| Billing Coordinator | Accounting and Finance | 4,870,300 ISK |
| Billing Specialist | Accounting and Finance | 5,926,600 ISK |
| Billing Supervisor | Accounting and Finance | 8,701,100 ISK |
| Bookkeeper | Accounting and Finance | 3,745,100 ISK |
| Bookkeeping Specialist | Accounting and Finance | 5,280,300 ISK |
| Budget Analyst | Accounting and Finance | 9,769,700 ISK |
| Budget Manager | Accounting and Finance | 11,688,600 ISK |
| Business Support Analyst | Accounting and Finance | 6,142,600 ISK |
| Capital Markets Associate | Accounting and Finance | 8,206,100 ISK |
| Cash Flow Analyst | Accounting and Finance | 8,545,000 ISK |
| Cash Management Manager | Accounting and Finance | 11,184,400 ISK |
| Cash Management Officer | Accounting and Finance | 6,480,800 ISK |
| Cashbook Clerk | Accounting and Finance | 3,792,300 ISK |
| Chartered Accountant | Accounting and Finance | 7,199,500 ISK |
| Chief Accountant | Accounting and Finance | 8,483,700 ISK |
| Collections Clerk | Accounting and Finance | 3,253,900 ISK |
| Collections Representative | Accounting and Finance | 4,956,800 ISK |
| Collections Specialist | Accounting and Finance | 5,735,900 ISK |
| Corporate Controller | Accounting and Finance | 8,902,700 ISK |
| Corporate Treasurer | Accounting and Finance | 10,739,300 ISK |
| Cost Accountant | Accounting and Finance | 5,614,600 ISK |
| Cost Accounting Manager | Accounting and Finance | 11,149,200 ISK |
| Cost Accounting Supervisor | Accounting and Finance | 8,845,500 ISK |
| Cost Analyst | Accounting and Finance | 8,940,400 ISK |
| Credit Controller | Accounting and Finance | 7,499,500 ISK |
| Credit Manager | Accounting and Finance | 11,653,500 ISK |
| Credit and Collection Manager | Accounting and Finance | 11,326,400 ISK |
| Credit and Collection Staff | Accounting and Finance | 4,403,400 ISK |
| Credit and Loans Officer | Accounting and Finance | 4,043,600 ISK |
| Debt Adviser | Accounting and Finance | 9,528,200 ISK |
| Debt Collector | Accounting and Finance | 4,633,100 ISK |
| Debtors Clerk | Accounting and Finance | 3,769,500 ISK |
| Debtors Controller | Accounting and Finance | 4,260,400 ISK |
| Deputy CFO | Accounting and Finance | 15,480,300 ISK |
| Deputy Head of Finance | Accounting and Finance | 15,480,300 ISK |
| Derivative Trader | Accounting and Finance | 9,684,600 ISK |
| Director of Finance | Accounting and Finance | 16,198,300 ISK |
| Economist | Accounting and Finance | 13,319,300 ISK |
| Equity Analyst | Accounting and Finance | 10,092,500 ISK |
| Escrow Assistant | Accounting and Finance | 4,991,200 ISK |
| Executive Accountant | Accounting and Finance | 6,179,700 ISK |
| External Auditor | Accounting and Finance | 7,993,600 ISK |
| Finance Administrator | Accounting and Finance | 6,395,900 ISK |
| Finance Analyst | Accounting and Finance | 9,792,100 ISK |
| Finance Associate | Accounting and Finance | 4,762,300 ISK |
| Finance Director | Accounting and Finance | 16,079,800 ISK |
| Finance Executive | Accounting and Finance | 12,121,000 ISK |
| Finance Licensing Clerk | Accounting and Finance | 4,006,500 ISK |
| Finance Licensing Manager | Accounting and Finance | 10,595,000 ISK |
| Finance Licensing Specialist | Accounting and Finance | 5,998,900 ISK |
| Finance Manager | Accounting and Finance | 15,238,200 ISK |
| Finance Officer | Accounting and Finance | 5,305,100 ISK |
| Finance President | Accounting and Finance | 15,838,200 ISK |
| Finance Relationship Manager | Accounting and Finance | 12,361,500 ISK |
| Finance Release Analyst | Accounting and Finance | 6,514,800 ISK |
| Finance Specialist | Accounting and Finance | 9,036,900 ISK |
| Finance Team Leader | Accounting and Finance | 12,481,200 ISK |
| Financial Accountant | Accounting and Finance | 5,724,700 ISK |
| Financial Actuary | Accounting and Finance | 8,305,400 ISK |
| Financial Administrator | Accounting and Finance | 8,926,700 ISK |
| Financial Advisor | Accounting and Finance | 9,886,200 ISK |
| Financial Analyst | Accounting and Finance | 10,306,800 ISK |
| Financial Applications Specialist | Accounting and Finance | 7,189,800 ISK |
| Financial Assistant | Accounting and Finance | 4,618,200 ISK |
| Financial Associate | Accounting and Finance | 4,450,400 ISK |
| Financial Associate | Accounting and Finance | 5,197,600 ISK |
| Financial Claims Analyst | Accounting and Finance | 7,606,200 ISK |
| Financial Claims Manager | Accounting and Finance | 10,057,900 ISK |
| Financial Claims Supervisor | Accounting and Finance | 9,335,200 ISK |
| Financial Clerk | Accounting and Finance | 4,224,200 ISK |
| Financial Commercial Analyst | Accounting and Finance | 7,572,700 ISK |
| Financial Compliance Analyst | Accounting and Finance | 9,239,600 ISK |
| Financial Consultant | Accounting and Finance | 7,561,700 ISK |
| Financial Controller | Accounting and Finance | 8,339,300 ISK |
| Financial Controller | Accounting and Finance | 9,106,400 ISK |
| Financial Coordinator | Accounting and Finance | 5,053,200 ISK |
| Financial Customer Service Manager | Accounting and Finance | 10,212,200 ISK |
| Financial Dealer and Broker | Accounting and Finance | 6,193,900 ISK |
| Financial Director | Accounting and Finance | 15,960,700 ISK |
| Financial Encoder | Accounting and Finance | 4,870,300 ISK |
| Financial Manager | Accounting and Finance | 14,639,900 ISK |
| Financial Manager | Accounting and Finance | 16,079,800 ISK |
| Financial Operations Manager | Accounting and Finance | 13,798,900 ISK |
| Financial Policy Analyst | Accounting and Finance | 8,545,000 ISK |
| Financial Project Manager | Accounting and Finance | 11,569,500 ISK |
| Financial Quantitative Analyst | Accounting and Finance | 9,493,400 ISK |
| Financial Reporting Consultant | Accounting and Finance | 7,726,700 ISK |
| Financial Reporting Manager | Accounting and Finance | 10,537,900 ISK |
| Financial Section Head | Accounting and Finance | 10,378,100 ISK |
| Financial Services Manager | Accounting and Finance | 14,639,900 ISK |
| Financial Services Sales Agent | Accounting and Finance | 6,084,900 ISK |
| Fixed Assets Administrator | Accounting and Finance | 5,628,400 ISK |
| Forensic Accountant | Accounting and Finance | 6,228,100 ISK |
| Fraud Detection Supervisor | Accounting and Finance | 6,887,700 ISK |
| Fraud Prevention Manager | Accounting and Finance | 11,389,900 ISK |
| Fund Accountant | Accounting and Finance | 5,326,200 ISK |
| Grants Coordinator | Accounting and Finance | 4,187,600 ISK |
| Group Financial Manager | Accounting and Finance | 16,079,800 ISK |
| Internal Auditor | Accounting and Finance | 7,618,900 ISK |
| Internal Control Adviser | Accounting and Finance | 8,785,800 ISK |
| Internal Control Officer | Accounting and Finance | 4,860,800 ISK |
| International Tax Director | Accounting and Finance | 13,441,600 ISK |
| Inventory Accountant | Accounting and Finance | 5,771,600 ISK |
| Investment Advisor | Accounting and Finance | 14,880,300 ISK |
| Investment Analyst | Accounting and Finance | 10,992,900 ISK |
| Investment Associate | Accounting and Finance | 9,106,400 ISK |
| Investment Broker | Accounting and Finance | 9,335,200 ISK |
| Investment Fund Manager | Accounting and Finance | 12,121,000 ISK |
| Investment Operations Manager | Accounting and Finance | 12,361,500 ISK |
| Investment Underwriter | Accounting and Finance | 4,609,700 ISK |
| Investor | Accounting and Finance | 7,140,500 ISK |
| Investor Relations Manager | Accounting and Finance | 11,113,100 ISK |
| KYC Team Leader | Accounting and Finance | 10,116,200 ISK |
| Loan Processor | Accounting and Finance | 4,429,300 ISK |
| Management Accountant | Accounting and Finance | 6,156,100 ISK |
| Management Economist | Accounting and Finance | 12,841,200 ISK |
| Paymaster | Accounting and Finance | 4,235,500 ISK |
| Payroll Administrator | Accounting and Finance | 7,285,700 ISK |
| Payroll Benefits Coordinator | Accounting and Finance | 6,382,300 ISK |
| Payroll Billing Manager | Accounting and Finance | 10,537,900 ISK |
| Payroll Clerk | Accounting and Finance | 4,810,800 ISK |
| Payroll Manager | Accounting and Finance | 10,092,500 ISK |
| Payroll Officer | Accounting and Finance | 5,017,100 ISK |
| Payroll Specialist | Accounting and Finance | 5,989,600 ISK |
| Payroll Supervisor | Accounting and Finance | 7,030,600 ISK |
| Pensions Administrator | Accounting and Finance | 5,843,600 ISK |
| Personal Financial Advisor | Accounting and Finance | 7,919,400 ISK |
| Pricing Analyst | Accounting and Finance | 9,142,700 ISK |
| Private Equity Analyst | Accounting and Finance | 9,346,600 ISK |
| Project Accountant | Accounting and Finance | 5,555,200 ISK |
| Proposal Development Coordinator | Accounting and Finance | 4,908,200 ISK |
| Receivables Accountant | Accounting and Finance | 5,123,800 ISK |
| Regulatory Accountant | Accounting and Finance | 6,241,000 ISK |
| Retirement Plan Analyst | Accounting and Finance | 8,902,700 ISK |
| Revenue Management Specialist | Accounting and Finance | 9,250,100 ISK |
| Revenue Recognition Analyst | Accounting and Finance | 9,841,900 ISK |
| Risk Management Director | Accounting and Finance | 13,199,100 ISK |
| Risk Management Supervisor | Accounting and Finance | 10,849,200 ISK |
| Staff Accountant | Accounting and Finance | 5,183,700 ISK |
| Tax Accountant | Accounting and Finance | 5,376,200 ISK |
| Tax Administrator | Accounting and Finance | 6,118,800 ISK |
| Tax Advisor | Accounting and Finance | 8,638,900 ISK |
| Tax Analyst | Accounting and Finance | 8,626,600 ISK |
| Tax Associate | Accounting and Finance | 4,822,700 ISK |
| Tax Consultant | Accounting and Finance | 8,975,900 ISK |
| Tax Director | Accounting and Finance | 13,079,500 ISK |
| Tax Examiner | Accounting and Finance | 5,579,400 ISK |
| Tax Manager | Accounting and Finance | 11,184,400 ISK |
| Tax Research Manager | Accounting and Finance | 11,173,600 ISK |
| Teller | Accounting and Finance | 3,253,900 ISK |
| Treasury Accountant | Accounting and Finance | 5,747,700 ISK |
| Treasury Analyst | Accounting and Finance | 9,528,200 ISK |
| Underwriter | Accounting and Finance | 3,934,900 ISK |
| Underwriting Assistant | Accounting and Finance | 3,696,900 ISK |
| Vice President of Finance | Accounting and Finance | 15,360,400 ISK |
Salary Comparison by City
If you want to compare salaries with different cities in Iceland, you can use the links below to explore the data for each specific city we have researched.
| City | Average Salary |
|---|---|
| Reykjavik | 4,524,400 ISK |
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