Average Accounts Officer Salary in Ukraine for 2024

In this article, we will look at the average Accounts Officer salary for 2024 in Ukraine 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 Ukrainian hryvnia. To keep things simple, we are using the UAH currency code instead of the currency symbol โ‚ด.

How Much Does an Accounts Officer Make in Ukraine?

An Accounts Officer working in Ukraine will typically earn around 158,700 UAH per year, and this can range from the lowest average salary of about 77,060 UAH to the highest average salary of 246,200 UAH.

Average Annual Salary
158,700 UAH
Average Monthly Salary
13,225 UAH

Lowest Annual Salary
77,060 UAH
Lowest Monthly Salary
6,421 UAH

Highest Annual Salary
246,200 UAH
Highest Monthly Salary
20,516 UAH

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

Accounts Officer 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 Accounts Officer Salaries in Ukraine

So we've looked at the average salaries an Accounts Officer will earn in Ukraine. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Accounts Officer can earn between 77,060 UAH and 246,200 UAH on average in Ukraine. 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 Accounts Officer in Ukraine is 161,600 UAH. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 161,600 UAH, and 50% of the population earn more than 161,600 UAH.

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 Accounts Officer salary in Ukraine, 25% of the population are earning less than 109,000 UAH while 75% of the population earn more than 109,000 UAH.

75% of the population earn less than 212,500 UAH, and 25% of the population earn more than 212,500 UAH.

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.

Accounts Officer Salary by Experience Level in Ukraine

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 accounts officer 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 Accounts Officer in Ukraine that has less than two years of experience can expect to earn somewhere in the region of 89,800 UAH.
  • 2 - 5 Years Experience. With two to five years of experience the average Accounts Officer salary would increase to 124,400 UAH.
  • 5 - 10 Years Experience. From five to ten years of experience as an Accounts Officer, the average salary would be 163,800 UAH.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 201,100 UAH.
  • 15 - 20 Years Experience. An Accounts Officer with 15 to 20 years of experience can earn an average of 214,000 UAH.
  • 20+ Years Experience. For an Accounts Officer with more than 20 years, the expected average salary increases to 233,900 UAH.

Average Salary by Experience Chart

0-2 Years
89,800 UAH
2-5 Years +42%
124,400 UAH
5-10 Years +31%
163,800 UAH
10-15 Years +23%
201,100 UAH
15-20 Years +6%
214,000 UAH
20+ Years +10%
233,900 UAH

Accounts Officer Salary by Education Level in Ukraine

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 Accounts Officer in Ukraine 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 Accounts Officer in Ukraine with a high school education can earn an average salary of 111,460 UAH.

  • Certificate or Diploma. An Accounts Officer in Ukraine with a certificate or diploma education can earn an average salary of 159,500 UAH.

  • Bachelor's Degree. An Accounts Officer in Ukraine with a bachelor's degree education can earn an average salary of 215,100 UAH.

Average Salary by Education Chart

High School
111,460 UAH
Certificate or Diploma +47%
159,500 UAH
Bachelor's Degree +34%
215,100 UAH

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 Ukraine is around 115,000 to 344,000 UAH 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.

Accounts Officer 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 Ukraine, a male accounts officer will earn an average of 164,200 UAH, while a female accounts officer will earn around 152,000 UAH.

This means that a male accounts officer earns approximately 8% more than a female accounts officer for performing the same job.

Average Salary by Gender Chart in Ukraine

Male
164,200 UAH
Female -8%
152,000 UAH

Accounts Officer Average Pay Raise in Ukraine

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 Accounts Officer in Ukraine is around 11% every 17 months.

The national average pay raise across all professions and industries in Ukraine is around 8% every 18 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 = ( 11 ÷ 17 ) × 12  = 8%

What this means is that an Accounts Officer in Ukraine can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Ukraine for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Accounts Officer Bonus and Incentive Rates in Ukraine

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 Accounts Officer is a moderate bonus based job, with 53% of employees reporting at least one bonus in the last 12 months.

47% 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 6%.

Received Bonus
53%
No Bonus
47%

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 Ukraine earn approximately 7% more than private sector employees in the same role.

Public Sector
282,500 UAH
Private Sector -7%
263,900 UAH

Salaries for Jobs Similar to an Accounts Officer

In the table below, we have salary information for jobs that are similar to an Accounts Officer in Ukraine.

Job Title Category Salary
Account Examiner Accounting and Finance 142,300 UAH
Account Executive Accounting and Finance 251,500 UAH
Accountant Accounting and Finance 191,600 UAH
Accounting Analyst Accounting and Finance 249,600 UAH
Accounting Assistant Accounting and Finance 154,700 UAH
Accounting Associate Accounting and Finance 148,300 UAH
Accounting Clerk Accounting and Finance 119,860 UAH
Accounting Coordinator Accounting and Finance 172,400 UAH
Accounting Head Accounting and Finance 394,500 UAH
Accounting Manager Accounting and Finance 411,400 UAH
Accounting Officer Accounting and Finance 138,800 UAH
Accounting Specialist Accounting and Finance 263,900 UAH
Accounting Supervisor Accounting and Finance 266,000 UAH
Accounting Technician Accounting and Finance 146,200 UAH
Accounting Unit Controller Accounting and Finance 318,800 UAH
Accounts Executive Accounting and Finance 239,300 UAH
Accounts Payable and Receivable Specialist Accounting and Finance 196,800 UAH
Accounts Payable Assistant Accounting and Finance 159,100 UAH
Accounts Payable Associate Accounting and Finance 172,200 UAH
Accounts Payable Clerk Accounting and Finance 148,300 UAH
Accounts Payable Manager Accounting and Finance 401,300 UAH
Accounts Receivable Administrator Accounting and Finance 288,700 UAH
Accounts Receivable Clerk Accounting and Finance 138,800 UAH
Accounts Receivable Financial Analyst Accounting and Finance 282,500 UAH
Accounts Receivable Manager Accounting and Finance 377,200 UAH
Accounts Receivable Team Leader Accounting and Finance 275,800 UAH
Assistant Accountant Accounting and Finance 157,600 UAH
Assistant Accounting Manager Accounting and Finance 384,500 UAH
Assistant Auditor Accounting and Finance 190,500 UAH
Assistant Corporate Controller Accounting and Finance 281,500 UAH
Assistant Finance Manager Accounting and Finance 430,000 UAH
Assistant Financial Controller Accounting and Finance 275,200 UAH
Audit Director Accounting and Finance 447,300 UAH
Audit Supervisor Accounting and Finance 363,000 UAH
Auditing Clerk Accounting and Finance 158,700 UAH
Auditing Manager Accounting and Finance 419,400 UAH
Billing Clerk Accounting and Finance 152,000 UAH
Billing Coordinator Accounting and Finance 187,500 UAH
Billing Specialist Accounting and Finance 210,500 UAH
Billing Supervisor Accounting and Finance 301,800 UAH
Bookkeeper Accounting and Finance 130,400 UAH
Bookkeeping Specialist Accounting and Finance 197,600 UAH
Budget Analyst Accounting and Finance 354,000 UAH
Budget Manager Accounting and Finance 394,300 UAH
Business Support Analyst Accounting and Finance 212,500 UAH
Capital Markets Associate Accounting and Finance 288,100 UAH
Cash Flow Analyst Accounting and Finance 299,500 UAH
Cash Management Manager Accounting and Finance 397,900 UAH
Cash Management Officer Accounting and Finance 239,000 UAH
Cashbook Clerk Accounting and Finance 130,400 UAH
Chartered Accountant Accounting and Finance 246,200 UAH
Chief Accountant Accounting and Finance 299,500 UAH
Collections Clerk Accounting and Finance 125,700 UAH
Collections Representative Accounting and Finance 172,200 UAH
Collections Specialist Accounting and Finance 204,700 UAH
Corporate Controller Accounting and Finance 301,600 UAH
Corporate Treasurer Accounting and Finance 378,800 UAH
Cost Accountant Accounting and Finance 197,600 UAH
Cost Accounting Manager Accounting and Finance 406,300 UAH
Cost Accounting Supervisor Accounting and Finance 314,500 UAH
Cost Analyst Accounting and Finance 301,300 UAH
Credit and Collection Manager Accounting and Finance 384,200 UAH
Credit and Collection Staff Accounting and Finance 142,300 UAH
Credit and Loans Officer Accounting and Finance 138,800 UAH
Credit Controller Accounting and Finance 271,300 UAH
Credit Manager Accounting and Finance 415,900 UAH
Debt Adviser Accounting and Finance 330,700 UAH
Debt Collector Accounting and Finance 163,800 UAH
Debtors Clerk Accounting and Finance 136,100 UAH
Debtors Controller Accounting and Finance 138,800 UAH
Deputy CFO Accounting and Finance 553,800 UAH
Deputy Head of Finance Accounting and Finance 528,500 UAH
Derivative Trader Accounting and Finance 332,500 UAH
Director of Finance Accounting and Finance 598,600 UAH
Economist Accounting and Finance 478,000 UAH
Equity Analyst Accounting and Finance 340,000 UAH
Escrow Assistant Accounting and Finance 183,600 UAH
Executive Accountant Accounting and Finance 221,500 UAH
External Auditor Accounting and Finance 286,400 UAH
Finance Administrator Accounting and Finance 232,400 UAH
Finance Analyst Accounting and Finance 369,300 UAH
Finance Associate Accounting and Finance 175,900 UAH
Finance Director Accounting and Finance 558,300 UAH
Finance Executive Accounting and Finance 437,300 UAH
Finance Licensing Clerk Accounting and Finance 150,000 UAH
Finance Licensing Manager Accounting and Finance 366,200 UAH
Finance Licensing Specialist Accounting and Finance 210,500 UAH
Finance Manager Accounting and Finance 545,300 UAH
Finance Officer Accounting and Finance 183,600 UAH
Finance President Accounting and Finance 610,100 UAH
Finance Relationship Manager Accounting and Finance 436,200 UAH
Finance Release Analyst Accounting and Finance 231,000 UAH
Finance Specialist Accounting and Finance 330,900 UAH
Finance Team Leader Accounting and Finance 431,300 UAH
Financial Accountant Accounting and Finance 190,500 UAH
Financial Actuary Accounting and Finance 308,900 UAH
Financial Administrator Accounting and Finance 325,900 UAH
Financial Advisor Accounting and Finance 371,100 UAH
Financial Analyst Accounting and Finance 351,200 UAH
Financial Applications Specialist Accounting and Finance 243,000 UAH
Financial Assistant Accounting and Finance 159,500 UAH
Financial Associate Accounting and Finance 154,700 UAH
Financial Associate Accounting and Finance 183,600 UAH
Financial Claims Analyst Accounting and Finance 266,000 UAH
Financial Claims Manager Accounting and Finance 361,500 UAH
Financial Claims Supervisor Accounting and Finance 311,700 UAH
Financial Clerk Accounting and Finance 148,300 UAH
Financial Commercial Analyst Accounting and Finance 283,700 UAH
Financial Compliance Analyst Accounting and Finance 322,600 UAH
Financial Consultant Accounting and Finance 257,700 UAH
Financial Controller Accounting and Finance 322,600 UAH
Financial Controller Accounting and Finance 325,900 UAH
Financial Coordinator Accounting and Finance 175,900 UAH
Financial Customer Service Manager Accounting and Finance 372,600 UAH
Financial Dealer and Broker Accounting and Finance 207,800 UAH
Financial Director Accounting and Finance 565,100 UAH
Financial Encoder Accounting and Finance 159,500 UAH
Financial Manager Accounting and Finance 525,700 UAH
Financial Manager Accounting and Finance 571,300 UAH
Financial Operations Manager Accounting and Finance 514,300 UAH
Financial Policy Analyst Accounting and Finance 315,700 UAH
Financial Project Manager Accounting and Finance 421,400 UAH
Financial Quantitative Analyst Accounting and Finance 340,400 UAH
Financial Reporting Consultant Accounting and Finance 279,400 UAH
Financial Reporting Manager Accounting and Finance 386,400 UAH
Financial Section Head Accounting and Finance 384,200 UAH
Financial Services Manager Accounting and Finance 483,400 UAH
Financial Services Sales Agent Accounting and Finance 207,700 UAH
Fixed Assets Administrator Accounting and Finance 209,700 UAH
Forensic Accountant Accounting and Finance 218,900 UAH
Fraud Detection Supervisor Accounting and Finance 233,600 UAH
Fraud Prevention Manager Accounting and Finance 396,300 UAH
Fund Accountant Accounting and Finance 192,000 UAH
Grants Coordinator Accounting and Finance 152,100 UAH
Group Financial Manager Accounting and Finance 572,200 UAH
Internal Auditor Accounting and Finance 254,800 UAH
Internal Control Adviser Accounting and Finance 297,000 UAH
Internal Control Officer Accounting and Finance 169,000 UAH
International Tax Director Accounting and Finance 472,100 UAH
Inventory Accountant Accounting and Finance 197,600 UAH
Investment Advisor Accounting and Finance 547,800 UAH
Investment Analyst Accounting and Finance 377,200 UAH
Investment Associate Accounting and Finance 335,800 UAH
Investment Broker Accounting and Finance 327,300 UAH
Investment Fund Manager Accounting and Finance 459,700 UAH
Investment Operations Manager Accounting and Finance 448,500 UAH
Investment Underwriter Accounting and Finance 161,300 UAH
Investor Accounting and Finance 263,100 UAH
Investor Relations Manager Accounting and Finance 378,800 UAH
KYC Team Leader Accounting and Finance 390,000 UAH
Loan Processor Accounting and Finance 169,000 UAH
Management Accountant Accounting and Finance 221,500 UAH
Management Economist Accounting and Finance 437,900 UAH
Paymaster Accounting and Finance 159,400 UAH
Payroll Administrator Accounting and Finance 265,000 UAH
Payroll Benefits Coordinator Accounting and Finance 212,500 UAH
Payroll Billing Manager Accounting and Finance 361,500 UAH
Payroll Clerk Accounting and Finance 180,500 UAH
Payroll Manager Accounting and Finance 351,900 UAH
Payroll Officer Accounting and Finance 175,900 UAH
Payroll Specialist Accounting and Finance 195,200 UAH
Payroll Supervisor Accounting and Finance 253,400 UAH
Pensions Administrator Accounting and Finance 197,600 UAH
Personal Financial Advisor Accounting and Finance 290,800 UAH
Pricing Analyst Accounting and Finance 318,800 UAH
Private Equity Analyst Accounting and Finance 340,400 UAH
Project Accountant Accounting and Finance 214,000 UAH
Proposal Development Coordinator Accounting and Finance 167,100 UAH
Receivables Accountant Accounting and Finance 192,000 UAH
Regulatory Accountant Accounting and Finance 212,500 UAH
Retirement Plan Analyst Accounting and Finance 301,600 UAH
Revenue Management Specialist Accounting and Finance 322,600 UAH
Revenue Recognition Analyst Accounting and Finance 367,200 UAH
Risk Management Director Accounting and Finance 475,700 UAH
Risk Management Supervisor Accounting and Finance 401,300 UAH
Staff Accountant Accounting and Finance 192,600 UAH
Tax Accountant Accounting and Finance 187,500 UAH
Tax Administrator Accounting and Finance 225,700 UAH
Tax Advisor Accounting and Finance 294,300 UAH
Tax Analyst Accounting and Finance 301,600 UAH
Tax Associate Accounting and Finance 172,200 UAH
Tax Consultant Accounting and Finance 322,600 UAH
Tax Director Accounting and Finance 433,800 UAH
Tax Examiner Accounting and Finance 221,500 UAH
Tax Manager Accounting and Finance 384,500 UAH
Tax Research Manager Accounting and Finance 394,300 UAH
Teller Accounting and Finance 117,520 UAH
Treasury Accountant Accounting and Finance 207,800 UAH
Treasury Analyst Accounting and Finance 320,500 UAH
Underwriter Accounting and Finance 143,200 UAH
Underwriting Assistant Accounting and Finance 124,400 UAH
Vice President of Finance Accounting and Finance 518,900 UAH

Salary Comparison by City

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

City Average Salary
Kyiv 172,200 UAH
Lviv 154,700 UAH

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