Average Accounting Analyst Salary in Switzerland for 2024

In this article, we will look at the average Accounting Analyst salary for 2024 in Switzerland 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 Swiss franc. To keep things simple, we are using the CHF currency code instead of the currency symbol Fr..

How Much Does an Accounting Analyst Make in Switzerland?

An Accounting Analyst working in Switzerland will typically earn around 114,900 CHF per year, and this can range from the lowest average salary of about 59,500 CHF to the highest average salary of 172,200 CHF.

Average Annual Salary
114,900 CHF
Average Monthly Salary
9,575 CHF

Lowest Annual Salary
59,500 CHF
Lowest Monthly Salary
4,958 CHF

Highest Annual Salary
172,200 CHF
Highest Monthly Salary
14,350 CHF

These are average salaries for an Accounting Analyst in Switzerland and include benefits such as housing and transport. It's also possible for an Accounting Analyst to earn more or less than the average salaries shown above.

Accounting Analyst 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 Accounting Analyst Salaries in Switzerland

So we've looked at the average salaries an Accounting Analyst will earn in Switzerland. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Accounting Analyst can earn between 59,500 CHF and 172,200 CHF on average in Switzerland. 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 Accounting Analyst in Switzerland is 109,700 CHF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 109,700 CHF, and 50% of the population earn more than 109,700 CHF.

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 Accounting Analyst salary in Switzerland, 25% of the population are earning less than 77,400 CHF while 75% of the population earn more than 77,400 CHF.

75% of the population earn less than 137,100 CHF, and 25% of the population earn more than 137,100 CHF.

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.

Accounting Analyst Salary by Experience Level in Switzerland

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 accounting analyst 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 Accounting Analyst in Switzerland that has less than two years of experience can expect to earn somewhere in the region of 68,900 CHF.
  • 2 - 5 Years Experience. With two to five years of experience the average Accounting Analyst salary would increase to 90,900 CHF.
  • 5 - 10 Years Experience. From five to ten years of experience as an Accounting Analyst, the average salary would be 115,600 CHF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 140,200 CHF.
  • 15 - 20 Years Experience. An Accounting Analyst with 15 to 20 years of experience can earn an average of 153,700 CHF.
  • 20+ Years Experience. For an Accounting Analyst with more than 20 years, the expected average salary increases to 164,100 CHF.

Average Salary by Experience Chart

0-2 Years
68,900 CHF
2-5 Years +34%
90,900 CHF
5-10 Years +30%
115,600 CHF
10-15 Years +21%
140,200 CHF
15-20 Years +9%
153,700 CHF
20+ Years +5%
164,100 CHF

Accounting Analyst Salary by Education Level in Switzerland

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 Accounting Analyst in Switzerland 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 Accounting Analyst in Switzerland with a high school education can earn an average salary of 81,300 CHF.

  • Certificate or Diploma. An Accounting Analyst in Switzerland with a certificate or diploma education can earn an average salary of 94,100 CHF.

  • Bachelor's Degree. An Accounting Analyst in Switzerland with a bachelor's degree education can earn an average salary of 128,400 CHF.

  • Master's Degree. An Accounting Analyst in Switzerland with a master's degree education can earn an average salary of 158,900 CHF.

Average Salary by Education Chart

High School
81,300 CHF
Certificate or Diploma +14%
94,100 CHF
Bachelor's Degree +41%
128,400 CHF
Master's Degree +21%
158,900 CHF

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 Switzerland is around 51,600 to 155,000 CHF 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.

Accounting Analyst 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 Switzerland, a male accounting analyst will earn an average of 114,300 CHF, while a female accounting analyst will earn around 111,700 CHF.

This means that a male accounting analyst earns approximately 2% more than a female accounting analyst for performing the same job.

Average Salary by Gender Chart in Switzerland

Male
114,300 CHF
Female -2%
111,700 CHF

Accounting Analyst Average Pay Raise in Switzerland

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 Accounting Analyst in Switzerland is around 12% every 15 months.

The national average pay raise across all professions and industries in Switzerland is around 9% every 15 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 = ( 12 ÷ 15 ) × 12  = 10%

What this means is that an Accounting Analyst in Switzerland can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Switzerland for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Switzerland.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Accounting Analyst Bonus and Incentive Rates in Switzerland

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 Accounting Analyst is a moderate bonus based job, with 55% of employees reporting at least one bonus in the last 12 months.

45% 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 3% to 5%.

Received Bonus
55%
No Bonus
45%

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 Switzerland earn approximately 5% more than private sector employees in the same role.

Public Sector
127,700 CHF
Private Sector -5%
121,800 CHF

Salaries for Jobs Similar to an Accounting Analyst

In the table below, we have salary information for jobs that are similar to an Accounting Analyst in Switzerland.

Job Title Category Salary
Account Examiner Accounting and Finance 67,000 CHF
Account Executive Accounting and Finance 117,100 CHF
Accountant Accounting and Finance 91,200 CHF
Accounting Assistant Accounting and Finance 73,100 CHF
Accounting Associate Accounting and Finance 67,600 CHF
Accounting Clerk Accounting and Finance 55,100 CHF
Accounting Coordinator Accounting and Finance 77,300 CHF
Accounting Head Accounting and Finance 187,500 CHF
Accounting Manager Accounting and Finance 183,600 CHF
Accounting Officer Accounting and Finance 70,800 CHF
Accounting Specialist Accounting and Finance 127,600 CHF
Accounting Supervisor Accounting and Finance 130,500 CHF
Accounting Technician Accounting and Finance 65,200 CHF
Accounting Unit Controller Accounting and Finance 157,600 CHF
Accounts Executive Accounting and Finance 111,700 CHF
Accounts Officer Accounting and Finance 65,700 CHF
Accounts Payable and Receivable Specialist Accounting and Finance 86,800 CHF
Accounts Payable Assistant Accounting and Finance 69,200 CHF
Accounts Payable Associate Accounting and Finance 83,800 CHF
Accounts Payable Clerk Accounting and Finance 67,000 CHF
Accounts Payable Manager Accounting and Finance 176,300 CHF
Accounts Receivable Administrator Accounting and Finance 139,100 CHF
Accounts Receivable Clerk Accounting and Finance 67,400 CHF
Accounts Receivable Financial Analyst Accounting and Finance 125,400 CHF
Accounts Receivable Manager Accounting and Finance 175,200 CHF
Accounts Receivable Team Leader Accounting and Finance 130,500 CHF
Assistant Accountant Accounting and Finance 66,200 CHF
Assistant Accounting Manager Accounting and Finance 163,500 CHF
Assistant Auditor Accounting and Finance 94,300 CHF
Assistant Corporate Controller Accounting and Finance 127,600 CHF
Assistant Finance Manager Accounting and Finance 183,600 CHF
Assistant Financial Controller Accounting and Finance 128,200 CHF
Audit Director Accounting and Finance 215,100 CHF
Audit Supervisor Accounting and Finance 156,200 CHF
Auditing Clerk Accounting and Finance 65,700 CHF
Auditing Manager Accounting and Finance 187,500 CHF
Billing Clerk Accounting and Finance 73,100 CHF
Billing Coordinator Accounting and Finance 79,800 CHF
Billing Specialist Accounting and Finance 97,400 CHF
Billing Supervisor Accounting and Finance 142,100 CHF
Bookkeeper Accounting and Finance 59,900 CHF
Bookkeeping Specialist Accounting and Finance 88,300 CHF
Budget Analyst Accounting and Finance 161,300 CHF
Budget Manager Accounting and Finance 175,100 CHF
Business Support Analyst Accounting and Finance 105,800 CHF
Capital Markets Associate Accounting and Finance 130,400 CHF
Cash Flow Analyst Accounting and Finance 130,500 CHF
Cash Management Manager Accounting and Finance 172,100 CHF
Cash Management Officer Accounting and Finance 103,600 CHF
Cashbook Clerk Accounting and Finance 61,700 CHF
Chartered Accountant Accounting and Finance 114,900 CHF
Chief Accountant Accounting and Finance 132,000 CHF
Collections Clerk Accounting and Finance 52,300 CHF
Collections Representative Accounting and Finance 79,800 CHF
Collections Specialist Accounting and Finance 97,200 CHF
Corporate Controller Accounting and Finance 142,300 CHF
Corporate Treasurer Accounting and Finance 180,500 CHF
Cost Accountant Accounting and Finance 84,800 CHF
Cost Accounting Manager Accounting and Finance 171,300 CHF
Cost Accounting Supervisor Accounting and Finance 147,900 CHF
Cost Analyst Accounting and Finance 139,100 CHF
Credit and Collection Manager Accounting and Finance 171,300 CHF
Credit and Collection Staff Accounting and Finance 68,900 CHF
Credit and Loans Officer Accounting and Finance 64,900 CHF
Credit Controller Accounting and Finance 123,000 CHF
Credit Manager Accounting and Finance 183,600 CHF
Debt Adviser Accounting and Finance 151,800 CHF
Debt Collector Accounting and Finance 73,800 CHF
Debtors Clerk Accounting and Finance 63,500 CHF
Debtors Controller Accounting and Finance 70,800 CHF
Deputy CFO Accounting and Finance 239,000 CHF
Deputy Head of Finance Accounting and Finance 245,600 CHF
Derivative Trader Accounting and Finance 160,700 CHF
Director of Finance Accounting and Finance 260,300 CHF
Economist Accounting and Finance 204,900 CHF
Equity Analyst Accounting and Finance 161,300 CHF
Escrow Assistant Accounting and Finance 79,000 CHF
Executive Accountant Accounting and Finance 97,600 CHF
External Auditor Accounting and Finance 128,200 CHF
Finance Administrator Accounting and Finance 107,700 CHF
Finance Analyst Accounting and Finance 164,100 CHF
Finance Associate Accounting and Finance 79,800 CHF
Finance Director Accounting and Finance 274,700 CHF
Finance Executive Accounting and Finance 192,600 CHF
Finance Licensing Clerk Accounting and Finance 64,900 CHF
Finance Licensing Manager Accounting and Finance 168,700 CHF
Finance Licensing Specialist Accounting and Finance 96,400 CHF
Finance Manager Accounting and Finance 263,900 CHF
Finance Officer Accounting and Finance 83,000 CHF
Finance President Accounting and Finance 260,300 CHF
Finance Relationship Manager Accounting and Finance 199,700 CHF
Finance Release Analyst Accounting and Finance 107,700 CHF
Finance Specialist Accounting and Finance 140,200 CHF
Finance Team Leader Accounting and Finance 195,200 CHF
Financial Accountant Accounting and Finance 94,300 CHF
Financial Actuary Accounting and Finance 138,700 CHF
Financial Administrator Accounting and Finance 142,300 CHF
Financial Advisor Accounting and Finance 158,900 CHF
Financial Analyst Accounting and Finance 160,700 CHF
Financial Applications Specialist Accounting and Finance 117,100 CHF
Financial Assistant Accounting and Finance 69,200 CHF
Financial Associate Accounting and Finance 73,800 CHF
Financial Associate Accounting and Finance 81,900 CHF
Financial Claims Analyst Accounting and Finance 123,000 CHF
Financial Claims Manager Accounting and Finance 164,100 CHF
Financial Claims Supervisor Accounting and Finance 152,900 CHF
Financial Clerk Accounting and Finance 69,600 CHF
Financial Commercial Analyst Accounting and Finance 134,100 CHF
Financial Compliance Analyst Accounting and Finance 140,700 CHF
Financial Consultant Accounting and Finance 119,700 CHF
Financial Controller Accounting and Finance 139,100 CHF
Financial Controller Accounting and Finance 151,800 CHF
Financial Coordinator Accounting and Finance 80,800 CHF
Financial Customer Service Manager Accounting and Finance 164,100 CHF
Financial Dealer and Broker Accounting and Finance 95,500 CHF
Financial Director Accounting and Finance 252,400 CHF
Financial Encoder Accounting and Finance 78,700 CHF
Financial Manager Accounting and Finance 241,200 CHF
Financial Manager Accounting and Finance 257,500 CHF
Financial Operations Manager Accounting and Finance 235,300 CHF
Financial Policy Analyst Accounting and Finance 147,900 CHF
Financial Project Manager Accounting and Finance 175,100 CHF
Financial Quantitative Analyst Accounting and Finance 160,700 CHF
Financial Reporting Consultant Accounting and Finance 134,100 CHF
Financial Reporting Manager Accounting and Finance 180,500 CHF
Financial Section Head Accounting and Finance 171,300 CHF
Financial Services Manager Accounting and Finance 235,300 CHF
Financial Services Sales Agent Accounting and Finance 93,600 CHF
Fixed Assets Administrator Accounting and Finance 96,400 CHF
Forensic Accountant Accounting and Finance 100,700 CHF
Fraud Detection Supervisor Accounting and Finance 111,700 CHF
Fraud Prevention Manager Accounting and Finance 187,500 CHF
Fund Accountant Accounting and Finance 87,600 CHF
Grants Coordinator Accounting and Finance 69,400 CHF
Group Financial Manager Accounting and Finance 252,400 CHF
Internal Auditor Accounting and Finance 123,000 CHF
Internal Control Adviser Accounting and Finance 140,200 CHF
Internal Control Officer Accounting and Finance 79,600 CHF
International Tax Director Accounting and Finance 206,300 CHF
Inventory Accountant Accounting and Finance 92,100 CHF
Investment Advisor Accounting and Finance 248,400 CHF
Investment Analyst Accounting and Finance 187,500 CHF
Investment Associate Accounting and Finance 151,800 CHF
Investment Broker Accounting and Finance 142,300 CHF
Investment Fund Manager Accounting and Finance 201,000 CHF
Investment Operations Manager Accounting and Finance 193,400 CHF
Investment Underwriter Accounting and Finance 78,500 CHF
Investor Accounting and Finance 123,000 CHF
Investor Relations Manager Accounting and Finance 172,100 CHF
KYC Team Leader Accounting and Finance 183,900 CHF
Loan Processor Accounting and Finance 69,200 CHF
Management Accountant Accounting and Finance 105,200 CHF
Management Economist Accounting and Finance 199,700 CHF
Paymaster Accounting and Finance 73,800 CHF
Payroll Administrator Accounting and Finance 118,900 CHF
Payroll Benefits Coordinator Accounting and Finance 97,200 CHF
Payroll Billing Manager Accounting and Finance 160,700 CHF
Payroll Clerk Accounting and Finance 79,600 CHF
Payroll Manager Accounting and Finance 167,100 CHF
Payroll Officer Accounting and Finance 75,800 CHF
Payroll Specialist Accounting and Finance 92,900 CHF
Payroll Supervisor Accounting and Finance 118,900 CHF
Pensions Administrator Accounting and Finance 92,400 CHF
Personal Financial Advisor Accounting and Finance 128,400 CHF
Pricing Analyst Accounting and Finance 152,900 CHF
Private Equity Analyst Accounting and Finance 156,200 CHF
Project Accountant Accounting and Finance 98,300 CHF
Proposal Development Coordinator Accounting and Finance 75,900 CHF
Receivables Accountant Accounting and Finance 79,500 CHF
Regulatory Accountant Accounting and Finance 96,400 CHF
Retirement Plan Analyst Accounting and Finance 142,300 CHF
Revenue Management Specialist Accounting and Finance 151,800 CHF
Revenue Recognition Analyst Accounting and Finance 163,500 CHF
Risk Management Director Accounting and Finance 209,700 CHF
Risk Management Supervisor Accounting and Finance 176,300 CHF
Staff Accountant Accounting and Finance 84,600 CHF
Tax Accountant Accounting and Finance 86,100 CHF
Tax Administrator Accounting and Finance 96,600 CHF
Tax Advisor Accounting and Finance 138,700 CHF
Tax Analyst Accounting and Finance 139,100 CHF
Tax Associate Accounting and Finance 78,700 CHF
Tax Consultant Accounting and Finance 146,700 CHF
Tax Director Accounting and Finance 211,200 CHF
Tax Examiner Accounting and Finance 95,400 CHF
Tax Manager Accounting and Finance 183,900 CHF
Tax Research Manager Accounting and Finance 183,600 CHF
Teller Accounting and Finance 52,800 CHF
Treasury Accountant Accounting and Finance 93,600 CHF
Treasury Analyst Accounting and Finance 151,800 CHF
Underwriter Accounting and Finance 60,000 CHF
Underwriting Assistant Accounting and Finance 57,200 CHF
Vice President of Finance Accounting and Finance 247,400 CHF

Salary Comparison by City

If you want to compare salaries with different cities in Switzerland, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Basel 124,500 CHF
Bern 118,900 CHF
Biel 100,700 CHF
Geneve 125,400 CHF
Lausanne 111,700 CHF
Lugano 102,700 CHF
Luzern 107,700 CHF
St. Gallen 105,200 CHF
Winterthur 107,700 CHF
Zurich 127,700 CHF

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