Average Fund Accountant Salary in Qatar for 2024

In this article, we will look at the average Fund Accountant salary for 2024 in Qatar 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 Qatari riyal. To keep things simple, we are using the QAR currency code instead of the currency symbol ุฑ.ู‚.

How Much Does a Fund Accountant Make in Qatar?

A Fund Accountant working in Qatar will typically earn around 118,380 QAR per year, and this can range from the lowest average salary of about 64,640 QAR to the highest average salary of 180,300 QAR.

Average Annual Salary
118,380 QAR
Average Monthly Salary
9,865 QAR

Lowest Annual Salary
64,640 QAR
Lowest Monthly Salary
5,386 QAR

Highest Annual Salary
180,300 QAR
Highest Monthly Salary
15,025 QAR

These are average salaries for a Fund Accountant in Qatar and include benefits such as housing and transport. It's also possible for a Fund Accountant to earn more or less than the average salaries shown above.

Fund Accountant 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 Fund Accountant Salaries in Qatar

So we've looked at the average salaries a Fund Accountant will earn in Qatar. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Fund Accountant can earn between 64,640 QAR and 180,300 QAR on average in Qatar. 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 a Fund Accountant in Qatar is 106,820 QAR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 106,820 QAR, and 50% of the population earn more than 106,820 QAR.

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 Fund Accountant salary in Qatar, 25% of the population are earning less than 76,440 QAR while 75% of the population earn more than 76,440 QAR.

75% of the population earn less than 130,400 QAR, and 25% of the population earn more than 130,400 QAR.

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.

Fund Accountant Salary by Experience Level in Qatar

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 fund accountant 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. A Fund Accountant in Qatar that has less than two years of experience can expect to earn somewhere in the region of 72,540 QAR.
  • 2 - 5 Years Experience. With two to five years of experience the average Fund Accountant salary would increase to 94,800 QAR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Fund Accountant, the average salary would be 125,100 QAR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 146,200 QAR.
  • 15 - 20 Years Experience. A Fund Accountant with 15 to 20 years of experience can earn an average of 159,500 QAR.
  • 20+ Years Experience. For a Fund Accountant with more than 20 years, the expected average salary increases to 172,200 QAR.

Average Salary by Experience Chart

0-2 Years
72,540 QAR
2-5 Years +26%
94,800 QAR
5-10 Years +32%
125,100 QAR
10-15 Years +18%
146,200 QAR
15-20 Years +11%
159,500 QAR
20+ Years +6%
172,200 QAR

Fund Accountant Salary by Education Level in Qatar

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 a Fund Accountant in Qatar based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Fund Accountant in Qatar with a high school education can earn an average salary of 89,120 QAR.

  • Certificate or Diploma. A Fund Accountant in Qatar with a certificate or diploma education can earn an average salary of 102,240 QAR.

  • Bachelor's Degree. A Fund Accountant in Qatar with a bachelor's degree education can earn an average salary of 134,600 QAR.

  • Master's Degree. A Fund Accountant in Qatar with a master's degree education can earn an average salary of 164,200 QAR.

Average Salary by Education Chart

High School
89,120 QAR
Certificate or Diploma +13%
102,240 QAR
Bachelor's Degree +32%
134,600 QAR
Master's Degree +24%
164,200 QAR

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 Qatar is around 78,400 to 235,000 QAR 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.

Fund Accountant 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 Qatar, a male fund accountant will earn an average of 119,900 QAR, while a female fund accountant will earn around 115,560 QAR.

This means that a male fund accountant earns approximately 4% more than a female fund accountant for performing the same job.

Average Salary by Gender Chart in Qatar

Male
119,900 QAR
Female -4%
115,560 QAR

Fund Accountant Average Pay Raise in Qatar

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 a Fund Accountant in Qatar is around 12% every 15 months.

The national average pay raise across all professions and industries in Qatar is around 9% every 16 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 a Fund Accountant in Qatar can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Qatar for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Fund Accountant Bonus and Incentive Rates in Qatar

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.

A Fund Accountant is a moderate bonus based job, with 50% of employees reporting at least one bonus in the last 12 months.

50% 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 4% to 5%.

Received Bonus
50%
No Bonus
50%

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

Public Sector
192,600 QAR
Private Sector -5%
183,700 QAR

Salaries for Jobs Similar to a Fund Accountant

In the table below, we have salary information for jobs that are similar to a Fund Accountant in Qatar.

Job Title Category Salary
Account Examiner Accounting and Finance 93,340 QAR
Account Executive Accounting and Finance 172,200 QAR
Accountant Accounting and Finance 124,400 QAR
Accounting Analyst Accounting and Finance 157,600 QAR
Accounting Assistant Accounting and Finance 94,940 QAR
Accounting Associate Accounting and Finance 96,160 QAR
Accounting Clerk Accounting and Finance 79,360 QAR
Accounting Coordinator Accounting and Finance 112,660 QAR
Accounting Head Accounting and Finance 271,300 QAR
Accounting Manager Accounting and Finance 279,400 QAR
Accounting Officer Accounting and Finance 92,240 QAR
Accounting Specialist Accounting and Finance 180,500 QAR
Accounting Supervisor Accounting and Finance 172,200 QAR
Accounting Technician Accounting and Finance 94,900 QAR
Accounting Unit Controller Accounting and Finance 207,800 QAR
Accounts Executive Accounting and Finance 163,800 QAR
Accounts Officer Accounting and Finance 103,600 QAR
Accounts Payable and Receivable Specialist Accounting and Finance 125,700 QAR
Accounts Payable Assistant Accounting and Finance 103,900 QAR
Accounts Payable Associate Accounting and Finance 119,500 QAR
Accounts Payable Clerk Accounting and Finance 94,940 QAR
Accounts Payable Manager Accounting and Finance 247,800 QAR
Accounts Receivable Administrator Accounting and Finance 180,500 QAR
Accounts Receivable Clerk Accounting and Finance 91,580 QAR
Accounts Receivable Financial Analyst Accounting and Finance 176,800 QAR
Accounts Receivable Manager Accounting and Finance 258,400 QAR
Accounts Receivable Team Leader Accounting and Finance 180,500 QAR
Assistant Accountant Accounting and Finance 95,420 QAR
Assistant Accounting Manager Accounting and Finance 249,600 QAR
Assistant Auditor Accounting and Finance 123,400 QAR
Assistant Corporate Controller Accounting and Finance 172,200 QAR
Assistant Finance Manager Accounting and Finance 266,000 QAR
Assistant Financial Controller Accounting and Finance 175,900 QAR
Audit Director Accounting and Finance 305,600 QAR
Audit Supervisor Accounting and Finance 239,000 QAR
Auditing Clerk Accounting and Finance 103,600 QAR
Auditing Manager Accounting and Finance 272,800 QAR
Billing Clerk Accounting and Finance 95,620 QAR
Billing Coordinator Accounting and Finance 119,900 QAR
Billing Specialist Accounting and Finance 128,900 QAR
Billing Supervisor Accounting and Finance 204,000 QAR
Bookkeeper Accounting and Finance 84,560 QAR
Bookkeeping Specialist Accounting and Finance 129,000 QAR
Budget Analyst Accounting and Finance 221,500 QAR
Budget Manager Accounting and Finance 258,400 QAR
Business Support Analyst Accounting and Finance 139,100 QAR
Capital Markets Associate Accounting and Finance 187,500 QAR
Cash Flow Analyst Accounting and Finance 204,700 QAR
Cash Management Manager Accounting and Finance 259,100 QAR
Cash Management Officer Accounting and Finance 148,300 QAR
Cashbook Clerk Accounting and Finance 85,440 QAR
Chartered Accountant Accounting and Finance 159,400 QAR
Chief Accountant Accounting and Finance 191,600 QAR
Collections Clerk Accounting and Finance 80,640 QAR
Collections Representative Accounting and Finance 115,620 QAR
Collections Specialist Accounting and Finance 124,400 QAR
Corporate Controller Accounting and Finance 207,800 QAR
Corporate Treasurer Accounting and Finance 233,600 QAR
Cost Accountant Accounting and Finance 129,000 QAR
Cost Accounting Manager Accounting and Finance 263,100 QAR
Cost Accounting Supervisor Accounting and Finance 212,500 QAR
Cost Analyst Accounting and Finance 207,800 QAR
Credit and Collection Manager Accounting and Finance 247,800 QAR
Credit and Collection Staff Accounting and Finance 95,620 QAR
Credit and Loans Officer Accounting and Finance 91,580 QAR
Credit Controller Accounting and Finance 183,700 QAR
Credit Manager Accounting and Finance 254,800 QAR
Debt Adviser Accounting and Finance 212,500 QAR
Debt Collector Accounting and Finance 102,380 QAR
Debtors Clerk Accounting and Finance 89,980 QAR
Debtors Controller Accounting and Finance 92,240 QAR
Deputy CFO Accounting and Finance 361,600 QAR
Deputy Head of Finance Accounting and Finance 341,900 QAR
Derivative Trader Accounting and Finance 215,100 QAR
Director of Finance Accounting and Finance 369,300 QAR
Economist Accounting and Finance 296,000 QAR
Equity Analyst Accounting and Finance 221,500 QAR
Escrow Assistant Accounting and Finance 116,740 QAR
Executive Accountant Accounting and Finance 146,200 QAR
External Auditor Accounting and Finance 180,300 QAR
Finance Administrator Accounting and Finance 152,100 QAR
Finance Analyst Accounting and Finance 228,000 QAR
Finance Associate Accounting and Finance 107,900 QAR
Finance Director Accounting and Finance 365,400 QAR
Finance Executive Accounting and Finance 271,300 QAR
Finance Licensing Clerk Accounting and Finance 95,720 QAR
Finance Licensing Manager Accounting and Finance 251,500 QAR
Finance Licensing Specialist Accounting and Finance 139,100 QAR
Finance Manager Accounting and Finance 371,100 QAR
Finance Officer Accounting and Finance 124,400 QAR
Finance President Accounting and Finance 378,300 QAR
Finance Relationship Manager Accounting and Finance 297,000 QAR
Finance Release Analyst Accounting and Finance 151,800 QAR
Finance Specialist Accounting and Finance 214,000 QAR
Finance Team Leader Accounting and Finance 281,500 QAR
Financial Accountant Accounting and Finance 123,400 QAR
Financial Actuary Accounting and Finance 197,600 QAR
Financial Administrator Accounting and Finance 221,500 QAR
Financial Advisor Accounting and Finance 231,000 QAR
Financial Analyst Accounting and Finance 239,300 QAR
Financial Applications Specialist Accounting and Finance 168,100 QAR
Financial Assistant Accounting and Finance 102,960 QAR
Financial Associate Accounting and Finance 106,160 QAR
Financial Associate Accounting and Finance 118,380 QAR
Financial Claims Analyst Accounting and Finance 163,800 QAR
Financial Claims Manager Accounting and Finance 233,900 QAR
Financial Claims Supervisor Accounting and Finance 212,500 QAR
Financial Clerk Accounting and Finance 101,840 QAR
Financial Commercial Analyst Accounting and Finance 185,100 QAR
Financial Compliance Analyst Accounting and Finance 209,700 QAR
Financial Consultant Accounting and Finance 167,100 QAR
Financial Controller Accounting and Finance 197,600 QAR
Financial Controller Accounting and Finance 201,100 QAR
Financial Coordinator Accounting and Finance 119,900 QAR
Financial Customer Service Manager Accounting and Finance 240,500 QAR
Financial Dealer and Broker Accounting and Finance 136,100 QAR
Financial Director Accounting and Finance 367,200 QAR
Financial Encoder Accounting and Finance 104,620 QAR
Financial Manager Accounting and Finance 341,400 QAR
Financial Manager Accounting and Finance 353,600 QAR
Financial Operations Manager Accounting and Finance 332,100 QAR
Financial Policy Analyst Accounting and Finance 194,600 QAR
Financial Project Manager Accounting and Finance 273,300 QAR
Financial Quantitative Analyst Accounting and Finance 218,900 QAR
Financial Reporting Consultant Accounting and Finance 181,600 QAR
Financial Reporting Manager Accounting and Finance 238,900 QAR
Financial Section Head Accounting and Finance 251,500 QAR
Financial Services Manager Accounting and Finance 314,500 QAR
Financial Services Sales Agent Accounting and Finance 136,100 QAR
Fixed Assets Administrator Accounting and Finance 136,200 QAR
Forensic Accountant Accounting and Finance 152,100 QAR
Fraud Detection Supervisor Accounting and Finance 159,400 QAR
Fraud Prevention Manager Accounting and Finance 257,700 QAR
Grants Coordinator Accounting and Finance 97,840 QAR
Group Financial Manager Accounting and Finance 351,200 QAR
Internal Auditor Accounting and Finance 164,200 QAR
Internal Control Adviser Accounting and Finance 205,700 QAR
Internal Control Officer Accounting and Finance 110,380 QAR
International Tax Director Accounting and Finance 309,800 QAR
Inventory Accountant Accounting and Finance 136,200 QAR
Investment Advisor Accounting and Finance 357,300 QAR
Investment Analyst Accounting and Finance 258,400 QAR
Investment Associate Accounting and Finance 217,900 QAR
Investment Broker Accounting and Finance 212,500 QAR
Investment Fund Manager Accounting and Finance 282,300 QAR
Investment Operations Manager Accounting and Finance 275,500 QAR
Investment Underwriter Accounting and Finance 103,580 QAR
Investor Accounting and Finance 161,300 QAR
Investor Relations Manager Accounting and Finance 246,200 QAR
KYC Team Leader Accounting and Finance 240,500 QAR
Loan Processor Accounting and Finance 111,460 QAR
Management Accountant Accounting and Finance 143,200 QAR
Management Economist Accounting and Finance 283,700 QAR
Paymaster Accounting and Finance 103,840 QAR
Payroll Administrator Accounting and Finance 163,800 QAR
Payroll Benefits Coordinator Accounting and Finance 146,200 QAR
Payroll Billing Manager Accounting and Finance 233,900 QAR
Payroll Clerk Accounting and Finance 115,600 QAR
Payroll Manager Accounting and Finance 239,000 QAR
Payroll Officer Accounting and Finance 111,240 QAR
Payroll Specialist Accounting and Finance 125,700 QAR
Payroll Supervisor Accounting and Finance 161,600 QAR
Pensions Administrator Accounting and Finance 128,500 QAR
Personal Financial Advisor Accounting and Finance 187,300 QAR
Pricing Analyst Accounting and Finance 216,800 QAR
Private Equity Analyst Accounting and Finance 232,900 QAR
Project Accountant Accounting and Finance 134,600 QAR
Proposal Development Coordinator Accounting and Finance 110,340 QAR
Receivables Accountant Accounting and Finance 125,100 QAR
Regulatory Accountant Accounting and Finance 148,300 QAR
Retirement Plan Analyst Accounting and Finance 207,800 QAR
Revenue Management Specialist Accounting and Finance 209,700 QAR
Revenue Recognition Analyst Accounting and Finance 227,600 QAR
Risk Management Director Accounting and Finance 309,800 QAR
Risk Management Supervisor Accounting and Finance 247,800 QAR
Staff Accountant Accounting and Finance 124,400 QAR
Tax Accountant Accounting and Finance 127,700 QAR
Tax Administrator Accounting and Finance 138,200 QAR
Tax Advisor Accounting and Finance 192,000 QAR
Tax Analyst Accounting and Finance 187,300 QAR
Tax Associate Accounting and Finance 111,920 QAR
Tax Consultant Accounting and Finance 209,700 QAR
Tax Director Accounting and Finance 299,500 QAR
Tax Examiner Accounting and Finance 143,200 QAR
Tax Manager Accounting and Finance 251,500 QAR
Tax Research Manager Accounting and Finance 271,300 QAR
Teller Accounting and Finance 75,100 QAR
Treasury Accountant Accounting and Finance 136,100 QAR
Treasury Analyst Accounting and Finance 221,500 QAR
Underwriter Accounting and Finance 91,960 QAR
Underwriting Assistant Accounting and Finance 84,180 QAR
Vice President of Finance Accounting and Finance 354,000 QAR

Salary Comparison by City

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

City Average Salary
Doha 138,800 QAR

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Fund Accountant Salary in Qatar for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-fund-accountant-salary-in-qatar/.

  • "Average Fund Accountant Salary in Qatar for 2024". World Salaries, https://worldsalaries.com/average-fund-accountant-salary-in-qatar/. Accessed 28 March, 2024

  • Average Fund Accountant Salary in Qatar for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-fund-accountant-salary-in-qatar/.