Average Audit Supervisor Salary in Serbia for 2024

In this article, we will look at the average Audit Supervisor salary for 2024 in Serbia 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 Serbian dinar. To keep things simple, we are using the RSD currency code instead of the currency symbol дин..

How Much Does an Audit Supervisor Make in Serbia?

An Audit Supervisor working in Serbia will typically earn around 2,026,800 RSD per year, and this can range from the lowest average salary of about 1,031,200 RSD to the highest average salary of 3,118,900 RSD.

Average Annual Salary
2,026,800 RSD
Average Monthly Salary
168,900 RSD

Lowest Annual Salary
1,031,200 RSD
Lowest Monthly Salary
85,933 RSD

Highest Annual Salary
3,118,900 RSD
Highest Monthly Salary
259,908 RSD

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

Audit Supervisor 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 Audit Supervisor Salaries in Serbia

So we've looked at the average salaries an Audit Supervisor will earn in Serbia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Audit Supervisor can earn between 1,031,200 RSD and 3,118,900 RSD on average in Serbia. 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 Audit Supervisor in Serbia is 1,980,600 RSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,980,600 RSD, and 50% of the population earn more than 1,980,600 RSD.

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 Audit Supervisor salary in Serbia, 25% of the population are earning less than 1,357,900 RSD while 75% of the population earn more than 1,357,900 RSD.

75% of the population earn less than 2,495,600 RSD, and 25% of the population earn more than 2,495,600 RSD.

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.

Audit Supervisor Salary by Experience Level in Serbia

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 audit supervisor 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 Audit Supervisor in Serbia that has less than two years of experience can expect to earn somewhere in the region of 1,157,300 RSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Audit Supervisor salary would increase to 1,510,400 RSD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Audit Supervisor, the average salary would be 2,110,600 RSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,543,000 RSD.
  • 15 - 20 Years Experience. An Audit Supervisor with 15 to 20 years of experience can earn an average of 2,759,700 RSD.
  • 20+ Years Experience. For an Audit Supervisor with more than 20 years, the expected average salary increases to 2,976,900 RSD.

Average Salary by Experience Chart

0-2 Years
1,157,300 RSD
2-5 Years +31%
1,510,400 RSD
5-10 Years +40%
2,110,600 RSD
10-15 Years +20%
2,543,000 RSD
15-20 Years +9%
2,759,700 RSD
20+ Years +8%
2,976,900 RSD

Audit Supervisor Salary by Education Level in Serbia

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 Audit Supervisor in Serbia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. An Audit Supervisor in Serbia with a certificate or diploma education can earn an average salary of 1,320,500 RSD.

  • Bachelor's Degree. An Audit Supervisor in Serbia with a bachelor's degree education can earn an average salary of 1,990,300 RSD.

  • Master's Degree. An Audit Supervisor in Serbia with a master's degree education can earn an average salary of 2,953,200 RSD.

Average Salary by Education Chart

Certificate or Diploma
1,320,500 RSD
Bachelor's Degree +50%
1,990,300 RSD
Master's Degree +48%
2,953,200 RSD

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 Serbia is around 701,000 to 2,100,000 RSD 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.

Audit Supervisor 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 Serbia, a male audit supervisor will earn an average of 2,086,500 RSD, while a female audit supervisor will earn around 1,955,300 RSD.

This means that a male audit supervisor earns approximately 7% more than a female audit supervisor for performing the same job.

Average Salary by Gender Chart in Serbia

Male
2,086,500 RSD
Female -7%
1,955,300 RSD

Audit Supervisor Average Pay Raise in Serbia

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 Audit Supervisor in Serbia is around 10% every 20 months.

The national average pay raise across all professions and industries in Serbia is around 7% every 20 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 = ( 10 ÷ 20 ) × 12  = 6%

What this means is that an Audit Supervisor in Serbia can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Serbia for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Audit Supervisor Bonus and Incentive Rates in Serbia

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 Audit Supervisor is a moderate bonus based job, with 51% of employees reporting at least one bonus in the last 12 months.

49% 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
51%
No Bonus
49%

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 Serbia earn approximately 15% more than private sector employees in the same role.

Public Sector
1,800,200 RSD
Private Sector -15%
1,570,900 RSD

Salaries for Jobs Similar to an Audit Supervisor

In the table below, we have salary information for jobs that are similar to an Audit Supervisor in Serbia.

Job Title Category Salary
Account Examiner Accounting and Finance 862,100 RSD
Account Executive Accounting and Finance 1,417,600 RSD
Accountant Accounting and Finance 1,065,400 RSD
Accounting Analyst Accounting and Finance 1,391,600 RSD
Accounting Assistant Accounting and Finance 825,900 RSD
Accounting Associate Accounting and Finance 790,300 RSD
Accounting Clerk Accounting and Finance 684,900 RSD
Accounting Coordinator Accounting and Finance 1,035,500 RSD
Accounting Head Accounting and Finance 2,230,100 RSD
Accounting Manager Accounting and Finance 2,508,300 RSD
Accounting Officer Accounting and Finance 836,800 RSD
Accounting Specialist Accounting and Finance 1,510,400 RSD
Accounting Supervisor Accounting and Finance 1,487,200 RSD
Accounting Technician Accounting and Finance 812,900 RSD
Accounting Unit Controller Accounting and Finance 1,882,700 RSD
Accounts Executive Accounting and Finance 1,487,200 RSD
Accounts Officer Accounting and Finance 869,400 RSD
Accounts Payable and Receivable Specialist Accounting and Finance 1,105,600 RSD
Accounts Payable Assistant Accounting and Finance 931,900 RSD
Accounts Payable Associate Accounting and Finance 991,000 RSD
Accounts Payable Clerk Accounting and Finance 869,400 RSD
Accounts Payable Manager Accounting and Finance 2,290,300 RSD
Accounts Receivable Administrator Accounting and Finance 1,655,500 RSD
Accounts Receivable Clerk Accounting and Finance 858,400 RSD
Accounts Receivable Financial Analyst Accounting and Finance 1,632,100 RSD
Accounts Receivable Manager Accounting and Finance 2,230,100 RSD
Accounts Receivable Team Leader Accounting and Finance 1,606,100 RSD
Assistant Accountant Accounting and Finance 846,500 RSD
Assistant Accounting Manager Accounting and Finance 2,015,600 RSD
Assistant Auditor Accounting and Finance 1,178,000 RSD
Assistant Corporate Controller Accounting and Finance 1,560,800 RSD
Assistant Finance Manager Accounting and Finance 2,327,100 RSD
Assistant Financial Controller Accounting and Finance 1,570,900 RSD
Audit Director Accounting and Finance 2,688,800 RSD
Auditing Clerk Accounting and Finance 869,400 RSD
Auditing Manager Accounting and Finance 2,242,500 RSD
Billing Clerk Accounting and Finance 862,100 RSD
Billing Coordinator Accounting and Finance 1,021,800 RSD
Billing Specialist Accounting and Finance 1,189,900 RSD
Billing Supervisor Accounting and Finance 1,777,700 RSD
Bookkeeper Accounting and Finance 761,400 RSD
Bookkeeping Specialist Accounting and Finance 1,109,200 RSD
Budget Analyst Accounting and Finance 1,980,600 RSD
Budget Manager Accounting and Finance 2,352,500 RSD
Business Support Analyst Accounting and Finance 1,333,900 RSD
Capital Markets Associate Accounting and Finance 1,728,900 RSD
Cash Flow Analyst Accounting and Finance 1,703,200 RSD
Cash Management Manager Accounting and Finance 2,221,600 RSD
Cash Management Officer Accounting and Finance 1,283,600 RSD
Cashbook Clerk Accounting and Finance 767,400 RSD
Chartered Accountant Accounting and Finance 1,417,600 RSD
Chief Accountant Accounting and Finance 1,594,500 RSD
Collections Clerk Accounting and Finance 698,200 RSD
Collections Representative Accounting and Finance 1,012,100 RSD
Collections Specialist Accounting and Finance 1,212,800 RSD
Corporate Controller Accounting and Finance 1,811,000 RSD
Corporate Treasurer Accounting and Finance 2,254,400 RSD
Cost Accountant Accounting and Finance 1,105,600 RSD
Cost Accounting Manager Accounting and Finance 2,327,100 RSD
Cost Accounting Supervisor Accounting and Finance 1,765,300 RSD
Cost Analyst Accounting and Finance 1,858,200 RSD
Credit and Collection Manager Accounting and Finance 2,281,800 RSD
Credit and Collection Staff Accounting and Finance 882,400 RSD
Credit and Loans Officer Accounting and Finance 839,500 RSD
Credit Controller Accounting and Finance 1,570,900 RSD
Credit Manager Accounting and Finance 2,401,300 RSD
Debt Adviser Accounting and Finance 1,882,700 RSD
Debt Collector Accounting and Finance 915,100 RSD
Debtors Clerk Accounting and Finance 810,400 RSD
Debtors Controller Accounting and Finance 836,800 RSD
Deputy CFO Accounting and Finance 3,085,500 RSD
Deputy Head of Finance Accounting and Finance 3,035,200 RSD
Derivative Trader Accounting and Finance 1,858,200 RSD
Director of Finance Accounting and Finance 3,263,500 RSD
Economist Accounting and Finance 2,566,100 RSD
Equity Analyst Accounting and Finance 2,076,600 RSD
Escrow Assistant Accounting and Finance 1,021,800 RSD
Executive Accountant Accounting and Finance 1,259,300 RSD
External Auditor Accounting and Finance 1,655,500 RSD
Finance Administrator Accounting and Finance 1,259,300 RSD
Finance Analyst Accounting and Finance 2,026,800 RSD
Finance Associate Accounting and Finance 934,900 RSD
Finance Director Accounting and Finance 3,481,100 RSD
Finance Executive Accounting and Finance 2,508,300 RSD
Finance Licensing Clerk Accounting and Finance 780,700 RSD
Finance Licensing Manager Accounting and Finance 2,266,400 RSD
Finance Licensing Specialist Accounting and Finance 1,273,300 RSD
Finance Manager Accounting and Finance 3,288,400 RSD
Finance Officer Accounting and Finance 1,134,500 RSD
Finance President Accounting and Finance 3,469,900 RSD
Finance Relationship Manager Accounting and Finance 2,566,100 RSD
Finance Release Analyst Accounting and Finance 1,333,900 RSD
Finance Specialist Accounting and Finance 1,930,500 RSD
Finance Team Leader Accounting and Finance 2,579,200 RSD
Financial Accountant Accounting and Finance 1,122,300 RSD
Financial Actuary Accounting and Finance 1,728,900 RSD
Financial Administrator Accounting and Finance 1,788,300 RSD
Financial Advisor Accounting and Finance 2,100,900 RSD
Financial Analyst Accounting and Finance 1,955,300 RSD
Financial Applications Specialist Accounting and Finance 1,391,600 RSD
Financial Assistant Accounting and Finance 895,900 RSD
Financial Associate Accounting and Finance 931,700 RSD
Financial Associate Accounting and Finance 1,095,900 RSD
Financial Claims Analyst Accounting and Finance 1,487,200 RSD
Financial Claims Manager Accounting and Finance 1,955,300 RSD
Financial Claims Supervisor Accounting and Finance 1,800,200 RSD
Financial Clerk Accounting and Finance 883,500 RSD
Financial Commercial Analyst Accounting and Finance 1,570,900 RSD
Financial Compliance Analyst Accounting and Finance 1,788,300 RSD
Financial Consultant Accounting and Finance 1,487,200 RSD
Financial Controller Accounting and Finance 1,728,900 RSD
Financial Controller Accounting and Finance 1,751,700 RSD
Financial Coordinator Accounting and Finance 1,030,200 RSD
Financial Customer Service Manager Accounting and Finance 2,086,500 RSD
Financial Dealer and Broker Accounting and Finance 1,182,800 RSD
Financial Director Accounting and Finance 3,205,100 RSD
Financial Encoder Accounting and Finance 954,900 RSD
Financial Manager Accounting and Finance 3,013,500 RSD
Financial Manager Accounting and Finance 3,168,300 RSD
Financial Operations Manager Accounting and Finance 2,807,200 RSD
Financial Policy Analyst Accounting and Finance 1,765,300 RSD
Financial Project Manager Accounting and Finance 2,423,000 RSD
Financial Quantitative Analyst Accounting and Finance 1,967,000 RSD
Financial Reporting Consultant Accounting and Finance 1,645,600 RSD
Financial Reporting Manager Accounting and Finance 2,173,000 RSD
Financial Section Head Accounting and Finance 2,161,200 RSD
Financial Services Manager Accounting and Finance 2,868,600 RSD
Financial Services Sales Agent Accounting and Finance 1,249,900 RSD
Fixed Assets Administrator Accounting and Finance 1,144,400 RSD
Forensic Accountant Accounting and Finance 1,296,900 RSD
Fraud Detection Supervisor Accounting and Finance 1,405,700 RSD
Fraud Prevention Manager Accounting and Finance 2,304,300 RSD
Fund Accountant Accounting and Finance 1,070,600 RSD
Grants Coordinator Accounting and Finance 812,900 RSD
Group Financial Manager Accounting and Finance 3,299,800 RSD
Internal Auditor Accounting and Finance 1,570,900 RSD
Internal Control Adviser Accounting and Finance 1,788,300 RSD
Internal Control Officer Accounting and Finance 983,100 RSD
International Tax Director Accounting and Finance 2,653,700 RSD
Inventory Accountant Accounting and Finance 1,235,600 RSD
Investment Advisor Accounting and Finance 2,976,900 RSD
Investment Analyst Accounting and Finance 2,184,900 RSD
Investment Associate Accounting and Finance 1,896,700 RSD
Investment Broker Accounting and Finance 1,835,700 RSD
Investment Fund Manager Accounting and Finance 2,508,300 RSD
Investment Operations Manager Accounting and Finance 2,423,000 RSD
Investment Underwriter Accounting and Finance 948,900 RSD
Investor Accounting and Finance 1,476,700 RSD
Investor Relations Manager Accounting and Finance 2,281,800 RSD
KYC Team Leader Accounting and Finance 2,086,500 RSD
Loan Processor Accounting and Finance 926,000 RSD
Management Accountant Accounting and Finance 1,273,300 RSD
Management Economist Accounting and Finance 2,641,300 RSD
Paymaster Accounting and Finance 879,700 RSD
Payroll Administrator Accounting and Finance 1,537,500 RSD
Payroll Benefits Coordinator Accounting and Finance 1,296,900 RSD
Payroll Billing Manager Accounting and Finance 2,136,200 RSD
Payroll Clerk Accounting and Finance 1,011,500 RSD
Payroll Manager Accounting and Finance 2,110,600 RSD
Payroll Officer Accounting and Finance 1,011,300 RSD
Payroll Specialist Accounting and Finance 1,198,300 RSD
Payroll Supervisor Accounting and Finance 1,464,200 RSD
Pensions Administrator Accounting and Finance 1,198,300 RSD
Personal Financial Advisor Accounting and Finance 1,645,600 RSD
Pricing Analyst Accounting and Finance 1,908,800 RSD
Private Equity Analyst Accounting and Finance 2,003,200 RSD
Project Accountant Accounting and Finance 1,147,600 RSD
Proposal Development Coordinator Accounting and Finance 1,006,300 RSD
Receivables Accountant Accounting and Finance 999,500 RSD
Regulatory Accountant Accounting and Finance 1,184,200 RSD
Retirement Plan Analyst Accounting and Finance 1,811,000 RSD
Revenue Management Specialist Accounting and Finance 1,870,400 RSD
Revenue Recognition Analyst Accounting and Finance 2,026,800 RSD
Risk Management Director Accounting and Finance 2,676,200 RSD
Risk Management Supervisor Accounting and Finance 2,184,900 RSD
Staff Accountant Accounting and Finance 1,083,500 RSD
Tax Accountant Accounting and Finance 1,102,900 RSD
Tax Administrator Accounting and Finance 1,212,800 RSD
Tax Advisor Accounting and Finance 1,693,600 RSD
Tax Analyst Accounting and Finance 1,678,300 RSD
Tax Associate Accounting and Finance 983,700 RSD
Tax Consultant Accounting and Finance 1,741,800 RSD
Tax Director Accounting and Finance 2,508,300 RSD
Tax Examiner Accounting and Finance 1,172,800 RSD
Tax Manager Accounting and Finance 2,242,500 RSD
Tax Research Manager Accounting and Finance 2,221,600 RSD
Teller Accounting and Finance 642,800 RSD
Treasury Accountant Accounting and Finance 1,181,200 RSD
Treasury Analyst Accounting and Finance 1,896,700 RSD
Underwriter Accounting and Finance 821,500 RSD
Underwriting Assistant Accounting and Finance 767,500 RSD
Vice President of Finance Accounting and Finance 3,108,200 RSD

Salary Comparison by City

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

City Average Salary
Belgrade 2,221,600 RSD
Novi Sad 2,146,100 RSD

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