Average Receivables Accountant Salary in Lebanon for 2024

In this article, we will look at the average Receivables Accountant salary for 2024 in Lebanon 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 Lebanese pound. To keep things simple, we are using the LBP currency code instead of the currency symbol ู„.ู„.

How Much Does a Receivables Accountant Make in Lebanon?

A Receivables Accountant working in Lebanon will typically earn around 19,200,400 LBP per year, and this can range from the lowest average salary of about 9,385,400 LBP to the highest average salary of 29,881,100 LBP.

Average Annual Salary
19,200,400 LBP
Average Monthly Salary
1,600,033 LBP

Lowest Annual Salary
9,385,400 LBP
Lowest Monthly Salary
782,116 LBP

Highest Annual Salary
29,881,100 LBP
Highest Monthly Salary
2,490,091 LBP

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

Receivables 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 Receivables Accountant Salaries in Lebanon

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

Salary ranges

We already know that a Receivables Accountant can earn between 9,385,400 LBP and 29,881,100 LBP on average in Lebanon. 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 Receivables Accountant in Lebanon is 19,558,300 LBP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 19,558,300 LBP, and 50% of the population earn more than 19,558,300 LBP.

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 Receivables Accountant salary in Lebanon, 25% of the population are earning less than 12,958,200 LBP while 75% of the population earn more than 12,958,200 LBP.

75% of the population earn less than 25,200,800 LBP, and 25% of the population earn more than 25,200,800 LBP.

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.

Receivables Accountant Salary by Experience Level in Lebanon

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 receivables 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 Receivables Accountant in Lebanon that has less than two years of experience can expect to earn somewhere in the region of 11,123,200 LBP.
  • 2 - 5 Years Experience. With two to five years of experience the average Receivables Accountant salary would increase to 14,280,500 LBP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Receivables Accountant, the average salary would be 19,678,200 LBP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 24,478,500 LBP.
  • 15 - 20 Years Experience. A Receivables Accountant with 15 to 20 years of experience can earn an average of 26,158,200 LBP.
  • 20+ Years Experience. For a Receivables Accountant with more than 20 years, the expected average salary increases to 27,960,400 LBP.

Average Salary by Experience Chart

0-2 Years
11,123,200 LBP
2-5 Years +29%
14,280,500 LBP
5-10 Years +38%
19,678,200 LBP
10-15 Years +24%
24,478,500 LBP
15-20 Years +7%
26,158,200 LBP
20+ Years +7%
27,960,400 LBP

Receivables Accountant Salary by Education Level in Lebanon

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 Receivables Accountant in Lebanon 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 Receivables Accountant in Lebanon with a high school education can earn an average salary of 13,919,600 LBP.

  • Certificate or Diploma. A Receivables Accountant in Lebanon with a certificate or diploma education can earn an average salary of 15,960,700 LBP.

  • Bachelor's Degree. A Receivables Accountant in Lebanon with a bachelor's degree education can earn an average salary of 21,478,100 LBP.

  • Master's Degree. A Receivables Accountant in Lebanon with a master's degree education can earn an average salary of 27,001,700 LBP.

Average Salary by Education Chart

High School
13,919,600 LBP
Certificate or Diploma +15%
15,960,700 LBP
Bachelor's Degree +35%
21,478,100 LBP
Master's Degree +26%
27,001,700 LBP

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 Lebanon is around 11,400,000 to 34,200,000 LBP 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.

Receivables 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 Lebanon, a male receivables accountant will earn an average of 20,038,100 LBP, while a female receivables accountant will earn around 17,758,500 LBP.

This means that a male receivables accountant earns approximately 13% more than a female receivables accountant for performing the same job.

Average Salary by Gender Chart in Lebanon

Male
20,038,100 LBP
Female -13%
17,758,500 LBP

Receivables Accountant Average Pay Raise in Lebanon

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 Receivables Accountant in Lebanon is around 10% every 19 months.

The national average pay raise across all professions and industries in Lebanon 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 ÷ 19 ) × 12  = 6%

What this means is that a Receivables Accountant in Lebanon can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Lebanon for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Receivables Accountant Bonus and Incentive Rates in Lebanon

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 Receivables Accountant is a low bonus based job, with 27% of employees reporting at least one bonus in the last 12 months.

73% 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
27%
No Bonus
73%

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 Lebanon earn approximately 12% more than private sector employees in the same role.

Public Sector
28,560,900 LBP
Private Sector -12%
25,440,400 LBP

Salaries for Jobs Similar to a Receivables Accountant

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

Job Title Category Salary
Account Examiner Accounting and Finance 14,038,300 LBP
Account Executive Accounting and Finance 25,801,200 LBP
Accountant Accounting and Finance 19,558,300 LBP
Accounting Analyst Accounting and Finance 24,000,900 LBP
Accounting Assistant Accounting and Finance 15,599,800 LBP
Accounting Associate Accounting and Finance 14,880,300 LBP
Accounting Clerk Accounting and Finance 11,974,500 LBP
Accounting Coordinator Accounting and Finance 16,918,700 LBP
Accounting Head Accounting and Finance 40,799,600 LBP
Accounting Manager Accounting and Finance 40,679,700 LBP
Accounting Officer Accounting and Finance 14,760,200 LBP
Accounting Specialist Accounting and Finance 27,479,000 LBP
Accounting Supervisor Accounting and Finance 26,759,500 LBP
Accounting Technician Accounting and Finance 14,158,800 LBP
Accounting Unit Controller Accounting and Finance 33,240,500 LBP
Accounts Executive Accounting and Finance 26,158,200 LBP
Accounts Officer Accounting and Finance 16,198,300 LBP
Accounts Payable and Receivable Specialist Accounting and Finance 19,799,400 LBP
Accounts Payable Assistant Accounting and Finance 15,360,400 LBP
Accounts Payable Associate Accounting and Finance 17,399,400 LBP
Accounts Payable Clerk Accounting and Finance 14,519,400 LBP
Accounts Payable Manager Accounting and Finance 39,358,400 LBP
Accounts Receivable Administrator Accounting and Finance 27,601,100 LBP
Accounts Receivable Clerk Accounting and Finance 15,118,700 LBP
Accounts Receivable Financial Analyst Accounting and Finance 27,960,400 LBP
Accounts Receivable Manager Accounting and Finance 40,199,100 LBP
Accounts Receivable Team Leader Accounting and Finance 28,318,900 LBP
Assistant Accountant Accounting and Finance 14,519,400 LBP
Assistant Accounting Manager Accounting and Finance 38,760,100 LBP
Assistant Auditor Accounting and Finance 18,840,100 LBP
Assistant Corporate Controller Accounting and Finance 27,118,300 LBP
Assistant Finance Manager Accounting and Finance 40,679,700 LBP
Assistant Financial Controller Accounting and Finance 26,639,300 LBP
Audit Director Accounting and Finance 44,040,700 LBP
Audit Supervisor Accounting and Finance 37,561,000 LBP
Auditing Clerk Accounting and Finance 16,198,300 LBP
Auditing Manager Accounting and Finance 41,761,800 LBP
Billing Clerk Accounting and Finance 14,400,800 LBP
Billing Coordinator Accounting and Finance 17,519,700 LBP
Billing Specialist Accounting and Finance 20,038,100 LBP
Billing Supervisor Accounting and Finance 29,399,100 LBP
Bookkeeper Accounting and Finance 12,958,200 LBP
Bookkeeping Specialist Accounting and Finance 19,321,100 LBP
Budget Analyst Accounting and Finance 34,441,600 LBP
Budget Manager Accounting and Finance 42,000,700 LBP
Business Support Analyst Accounting and Finance 21,241,100 LBP
Capital Markets Associate Accounting and Finance 30,600,900 LBP
Cash Flow Analyst Accounting and Finance 31,320,700 LBP
Cash Management Manager Accounting and Finance 37,800,500 LBP
Cash Management Officer Accounting and Finance 22,441,700 LBP
Cashbook Clerk Accounting and Finance 13,919,600 LBP
Chartered Accountant Accounting and Finance 25,321,400 LBP
Chief Accountant Accounting and Finance 29,881,100 LBP
Collections Clerk Accounting and Finance 12,121,000 LBP
Collections Representative Accounting and Finance 16,799,900 LBP
Collections Specialist Accounting and Finance 20,159,800 LBP
Corporate Controller Accounting and Finance 31,919,300 LBP
Corporate Treasurer Accounting and Finance 37,800,500 LBP
Cost Accountant Accounting and Finance 20,159,800 LBP
Cost Accounting Manager Accounting and Finance 40,079,600 LBP
Cost Accounting Supervisor Accounting and Finance 31,800,300 LBP
Cost Analyst Accounting and Finance 32,758,100 LBP
Credit and Collection Manager Accounting and Finance 40,679,700 LBP
Credit and Collection Staff Accounting and Finance 15,480,300 LBP
Credit and Loans Officer Accounting and Finance 13,679,300 LBP
Credit Controller Accounting and Finance 28,560,900 LBP
Credit Manager Accounting and Finance 40,199,100 LBP
Debt Adviser Accounting and Finance 31,559,900 LBP
Debt Collector Accounting and Finance 15,719,900 LBP
Debtors Clerk Accounting and Finance 13,199,100 LBP
Debtors Controller Accounting and Finance 14,760,200 LBP
Deputy CFO Accounting and Finance 52,438,500 LBP
Deputy Head of Finance Accounting and Finance 54,479,300 LBP
Derivative Trader Accounting and Finance 33,360,800 LBP
Director of Finance Accounting and Finance 55,921,200 LBP
Economist Accounting and Finance 44,280,500 LBP
Equity Analyst Accounting and Finance 33,481,400 LBP
Escrow Assistant Accounting and Finance 17,519,700 LBP
Executive Accountant Accounting and Finance 23,159,200 LBP
External Auditor Accounting and Finance 28,679,900 LBP
Finance Administrator Accounting and Finance 23,399,000 LBP
Finance Analyst Accounting and Finance 35,159,900 LBP
Finance Associate Accounting and Finance 17,758,500 LBP
Finance Director Accounting and Finance 55,560,400 LBP
Finance Executive Accounting and Finance 43,438,200 LBP
Finance Licensing Clerk Accounting and Finance 15,001,200 LBP
Finance Licensing Manager Accounting and Finance 36,601,600 LBP
Finance Licensing Specialist Accounting and Finance 21,121,400 LBP
Finance Manager Accounting and Finance 53,879,800 LBP
Finance Officer Accounting and Finance 18,239,400 LBP
Finance President Accounting and Finance 60,598,100 LBP
Finance Relationship Manager Accounting and Finance 45,239,100 LBP
Finance Release Analyst Accounting and Finance 22,441,700 LBP
Finance Specialist Accounting and Finance 32,398,700 LBP
Finance Team Leader Accounting and Finance 42,239,100 LBP
Financial Accountant Accounting and Finance 19,799,400 LBP
Financial Actuary Accounting and Finance 29,161,000 LBP
Financial Administrator Accounting and Finance 32,758,100 LBP
Financial Advisor Accounting and Finance 36,240,700 LBP
Financial Analyst Accounting and Finance 35,640,500 LBP
Financial Applications Specialist Accounting and Finance 25,321,400 LBP
Financial Assistant Accounting and Finance 16,561,800 LBP
Financial Associate Accounting and Finance 16,679,800 LBP
Financial Associate Accounting and Finance 19,439,300 LBP
Financial Claims Analyst Accounting and Finance 27,361,200 LBP
Financial Claims Manager Accounting and Finance 36,841,600 LBP
Financial Claims Supervisor Accounting and Finance 31,559,900 LBP
Financial Clerk Accounting and Finance 15,719,900 LBP
Financial Commercial Analyst Accounting and Finance 28,919,800 LBP
Financial Compliance Analyst Accounting and Finance 33,240,500 LBP
Financial Consultant Accounting and Finance 26,639,300 LBP
Financial Controller Accounting and Finance 30,240,200 LBP
Financial Controller Accounting and Finance 32,519,500 LBP
Financial Coordinator Accounting and Finance 18,479,600 LBP
Financial Customer Service Manager Accounting and Finance 36,001,200 LBP
Financial Dealer and Broker Accounting and Finance 20,999,200 LBP
Financial Director Accounting and Finance 57,239,200 LBP
Financial Encoder Accounting and Finance 16,799,900 LBP
Financial Manager Accounting and Finance 52,681,700 LBP
Financial Manager Accounting and Finance 54,479,300 LBP
Financial Operations Manager Accounting and Finance 52,558,300 LBP
Financial Policy Analyst Accounting and Finance 30,119,100 LBP
Financial Project Manager Accounting and Finance 41,520,800 LBP
Financial Quantitative Analyst Accounting and Finance 32,758,100 LBP
Financial Reporting Consultant Accounting and Finance 29,519,900 LBP
Financial Reporting Manager Accounting and Finance 37,078,800 LBP
Financial Section Head Accounting and Finance 36,480,500 LBP
Financial Services Manager Accounting and Finance 50,519,600 LBP
Financial Services Sales Agent Accounting and Finance 21,841,900 LBP
Fixed Assets Administrator Accounting and Finance 21,478,100 LBP
Forensic Accountant Accounting and Finance 22,799,000 LBP
Fraud Detection Supervisor Accounting and Finance 24,718,600 LBP
Fraud Prevention Manager Accounting and Finance 41,638,700 LBP
Fund Accountant Accounting and Finance 18,001,100 LBP
Grants Coordinator Accounting and Finance 15,360,400 LBP
Group Financial Manager Accounting and Finance 55,440,900 LBP
Internal Auditor Accounting and Finance 25,200,800 LBP
Internal Control Adviser Accounting and Finance 31,559,900 LBP
Internal Control Officer Accounting and Finance 17,758,500 LBP
International Tax Director Accounting and Finance 48,360,600 LBP
Inventory Accountant Accounting and Finance 19,921,600 LBP
Investment Advisor Accounting and Finance 51,479,800 LBP
Investment Analyst Accounting and Finance 38,760,100 LBP
Investment Associate Accounting and Finance 32,038,500 LBP
Investment Broker Accounting and Finance 33,481,400 LBP
Investment Fund Manager Accounting and Finance 43,438,200 LBP
Investment Operations Manager Accounting and Finance 45,361,500 LBP
Investment Underwriter Accounting and Finance 16,918,700 LBP
Investor Accounting and Finance 25,079,200 LBP
Investor Relations Manager Accounting and Finance 39,960,800 LBP
KYC Team Leader Accounting and Finance 39,358,400 LBP
Loan Processor Accounting and Finance 15,838,200 LBP
Management Accountant Accounting and Finance 21,241,100 LBP
Management Economist Accounting and Finance 46,199,800 LBP
Paymaster Accounting and Finance 16,198,300 LBP
Payroll Administrator Accounting and Finance 26,158,200 LBP
Payroll Benefits Coordinator Accounting and Finance 21,121,400 LBP
Payroll Billing Manager Accounting and Finance 35,640,500 LBP
Payroll Clerk Accounting and Finance 17,640,500 LBP
Payroll Manager Accounting and Finance 37,681,400 LBP
Payroll Officer Accounting and Finance 17,399,400 LBP
Payroll Specialist Accounting and Finance 21,121,400 LBP
Payroll Supervisor Accounting and Finance 24,239,000 LBP
Pensions Administrator Accounting and Finance 20,999,200 LBP
Personal Financial Advisor Accounting and Finance 29,641,500 LBP
Pricing Analyst Accounting and Finance 34,198,600 LBP
Private Equity Analyst Accounting and Finance 35,640,500 LBP
Project Accountant Accounting and Finance 21,599,000 LBP
Proposal Development Coordinator Accounting and Finance 17,640,500 LBP
Regulatory Accountant Accounting and Finance 21,599,000 LBP
Retirement Plan Analyst Accounting and Finance 31,919,300 LBP
Revenue Management Specialist Accounting and Finance 33,841,700 LBP
Revenue Recognition Analyst Accounting and Finance 37,561,000 LBP
Risk Management Director Accounting and Finance 49,318,100 LBP
Risk Management Supervisor Accounting and Finance 37,441,100 LBP
Staff Accountant Accounting and Finance 18,239,400 LBP
Tax Accountant Accounting and Finance 18,239,400 LBP
Tax Administrator Accounting and Finance 21,121,400 LBP
Tax Advisor Accounting and Finance 30,479,000 LBP
Tax Analyst Accounting and Finance 30,961,800 LBP
Tax Associate Accounting and Finance 16,679,800 LBP
Tax Consultant Accounting and Finance 32,879,500 LBP
Tax Director Accounting and Finance 44,040,700 LBP
Tax Examiner Accounting and Finance 20,400,600 LBP
Tax Manager Accounting and Finance 39,358,400 LBP
Tax Research Manager Accounting and Finance 40,079,600 LBP
Teller Accounting and Finance 11,928,100 LBP
Treasury Accountant Accounting and Finance 20,639,100 LBP
Treasury Analyst Accounting and Finance 34,198,600 LBP
Underwriter Accounting and Finance 14,158,800 LBP
Underwriting Assistant Accounting and Finance 13,561,900 LBP
Vice President of Finance Accounting and Finance 54,961,400 LBP

Salary Comparison by City

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

City Average Salary
Beirut 19,200,400 LBP

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