Average Tax Accountant Salary in Guinea for 2024

In this article, we will look at the average Tax Accountant salary for 2024 in Guinea 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 Guinean franc. To keep things simple, we are using the GNF currency code instead of the currency symbol Fr.

How Much Does a Tax Accountant Make in Guinea?

A Tax Accountant working in Guinea will typically earn around 53,278,500 GNF per year, and this can range from the lowest average salary of about 28,801,400 GNF to the highest average salary of 80,398,400 GNF.

Average Annual Salary
53,278,500 GNF
Average Monthly Salary
4,439,875 GNF

Lowest Annual Salary
28,801,400 GNF
Lowest Monthly Salary
2,400,116 GNF

Highest Annual Salary
80,398,400 GNF
Highest Monthly Salary
6,699,866 GNF

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

Tax 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 Tax Accountant Salaries in Guinea

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

Salary ranges

We already know that a Tax Accountant can earn between 28,801,400 GNF and 80,398,400 GNF on average in Guinea. 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 Tax Accountant in Guinea is 48,961,500 GNF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 48,961,500 GNF, and 50% of the population earn more than 48,961,500 GNF.

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 Tax Accountant salary in Guinea, 25% of the population are earning less than 34,919,600 GNF while 75% of the population earn more than 34,919,600 GNF.

75% of the population earn less than 59,518,100 GNF, and 25% of the population earn more than 59,518,100 GNF.

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.

Tax Accountant Salary by Experience Level in Guinea

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 tax 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 Tax Accountant in Guinea that has less than two years of experience can expect to earn somewhere in the region of 33,360,800 GNF.
  • 2 - 5 Years Experience. With two to five years of experience the average Tax Accountant salary would increase to 42,119,100 GNF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Tax Accountant, the average salary would be 55,560,400 GNF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 65,401,000 GNF.
  • 15 - 20 Years Experience. A Tax Accountant with 15 to 20 years of experience can earn an average of 72,361,800 GNF.
  • 20+ Years Experience. For a Tax Accountant with more than 20 years, the expected average salary increases to 77,041,100 GNF.

Average Salary by Experience Chart

0-2 Years
33,360,800 GNF
2-5 Years +26%
42,119,100 GNF
5-10 Years +32%
55,560,400 GNF
10-15 Years +18%
65,401,000 GNF
15-20 Years +11%
72,361,800 GNF
20+ Years +6%
77,041,100 GNF

Tax Accountant Salary by Education Level in Guinea

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 Tax Accountant in Guinea 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 Tax Accountant in Guinea with a high school education can earn an average salary of 40,679,700 GNF.

  • Certificate or Diploma. A Tax Accountant in Guinea with a certificate or diploma education can earn an average salary of 45,839,700 GNF.

  • Bachelor's Degree. A Tax Accountant in Guinea with a bachelor's degree education can earn an average salary of 60,239,600 GNF.

  • Master's Degree. A Tax Accountant in Guinea with a master's degree education can earn an average salary of 74,758,600 GNF.

Average Salary by Education Chart

High School
40,679,700 GNF
Certificate or Diploma +13%
45,839,700 GNF
Bachelor's Degree +32%
60,239,600 GNF
Master's Degree +24%
74,758,600 GNF

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 Guinea is around 35,000,000 to 105,000,000 GNF 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.

Tax 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 Guinea, a male tax accountant will earn an average of 55,201,700 GNF, while a female tax accountant will earn around 50,519,600 GNF.

This means that a male tax accountant earns approximately 9% more than a female tax accountant for performing the same job.

Average Salary by Gender Chart in Guinea

Male
55,201,700 GNF
Female -9%
50,519,600 GNF

Tax Accountant Average Pay Raise in Guinea

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 Tax Accountant in Guinea is around 7% every 28 months.

The national average pay raise across all professions and industries in Guinea is around 4% every 29 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 = ( 7 ÷ 28 ) × 12  = 3%

What this means is that a Tax Accountant in Guinea can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Guinea for 2024

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

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%

Tax Accountant Bonus and Incentive Rates in Guinea

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 Tax Accountant is a low bonus based job, with 7% of employees reporting at least one bonus in the last 12 months.

93% 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 1% to 2%.

Received Bonus
7%
No Bonus
93%

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 Guinea earn approximately 11% more than private sector employees in the same role.

Public Sector
87,358,200 GNF
Private Sector -11%
78,960,300 GNF

Salaries for Jobs Similar to a Tax Accountant

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

Job Title Category Salary
Account Examiner Accounting and Finance 40,439,700 GNF
Account Executive Accounting and Finance 75,360,300 GNF
Accountant Accounting and Finance 53,398,300 GNF
Accounting Analyst Accounting and Finance 68,639,200 GNF
Accounting Assistant Accounting and Finance 41,399,600 GNF
Accounting Associate Accounting and Finance 41,399,600 GNF
Accounting Clerk Accounting and Finance 34,198,600 GNF
Accounting Coordinator Accounting and Finance 48,480,700 GNF
Accounting Head Accounting and Finance 119,399,100 GNF
Accounting Manager Accounting and Finance 124,799,100 GNF
Accounting Officer Accounting and Finance 41,040,700 GNF
Accounting Specialist Accounting and Finance 74,399,600 GNF
Accounting Supervisor Accounting and Finance 77,881,500 GNF
Accounting Technician Accounting and Finance 41,040,700 GNF
Accounting Unit Controller Accounting and Finance 92,758,800 GNF
Accounts Executive Accounting and Finance 69,959,300 GNF
Accounts Officer Accounting and Finance 42,601,100 GNF
Accounts Payable and Receivable Specialist Accounting and Finance 58,798,900 GNF
Accounts Payable Assistant Accounting and Finance 47,401,700 GNF
Accounts Payable Associate Accounting and Finance 51,959,300 GNF
Accounts Payable Clerk Accounting and Finance 43,321,300 GNF
Accounts Payable Manager Accounting and Finance 114,120,900 GNF
Accounts Receivable Administrator Accounting and Finance 86,040,800 GNF
Accounts Receivable Clerk Accounting and Finance 42,601,100 GNF
Accounts Receivable Financial Analyst Accounting and Finance 80,998,900 GNF
Accounts Receivable Manager Accounting and Finance 110,399,400 GNF
Accounts Receivable Team Leader Accounting and Finance 79,801,600 GNF
Assistant Accountant Accounting and Finance 42,000,700 GNF
Assistant Accounting Manager Accounting and Finance 102,599,200 GNF
Assistant Auditor Accounting and Finance 57,961,400 GNF
Assistant Corporate Controller Accounting and Finance 75,239,300 GNF
Assistant Finance Manager Accounting and Finance 122,398,700 GNF
Assistant Financial Controller Accounting and Finance 75,838,700 GNF
Audit Director Accounting and Finance 131,998,300 GNF
Audit Supervisor Accounting and Finance 99,119,900 GNF
Auditing Clerk Accounting and Finance 42,601,100 GNF
Auditing Manager Accounting and Finance 119,998,200 GNF
Billing Clerk Accounting and Finance 44,878,500 GNF
Billing Coordinator Accounting and Finance 53,158,700 GNF
Billing Specialist Accounting and Finance 61,080,900 GNF
Billing Supervisor Accounting and Finance 86,160,100 GNF
Bookkeeper Accounting and Finance 36,718,100 GNF
Bookkeeping Specialist Accounting and Finance 55,921,200 GNF
Budget Analyst Accounting and Finance 95,161,700 GNF
Budget Manager Accounting and Finance 112,918,400 GNF
Business Support Analyst Accounting and Finance 65,401,000 GNF
Capital Markets Associate Accounting and Finance 84,479,000 GNF
Cash Flow Analyst Accounting and Finance 81,840,300 GNF
Cash Management Manager Accounting and Finance 106,198,200 GNF
Cash Management Officer Accounting and Finance 67,558,400 GNF
Cashbook Clerk Accounting and Finance 39,358,400 GNF
Chartered Accountant Accounting and Finance 74,399,600 GNF
Chief Accountant Accounting and Finance 86,040,800 GNF
Collections Clerk Accounting and Finance 35,521,100 GNF
Collections Representative Accounting and Finance 49,079,800 GNF
Collections Specialist Accounting and Finance 56,998,400 GNF
Corporate Controller Accounting and Finance 93,118,500 GNF
Corporate Treasurer Accounting and Finance 106,801,500 GNF
Cost Accountant Accounting and Finance 56,401,100 GNF
Cost Accounting Manager Accounting and Finance 109,921,700 GNF
Cost Accounting Supervisor Accounting and Finance 87,118,500 GNF
Cost Analyst Accounting and Finance 87,358,200 GNF
Credit and Collection Manager Accounting and Finance 109,438,100 GNF
Credit and Collection Staff Accounting and Finance 43,800,600 GNF
Credit and Loans Officer Accounting and Finance 39,241,100 GNF
Credit Controller Accounting and Finance 76,678,200 GNF
Credit Manager Accounting and Finance 112,079,000 GNF
Debt Adviser Accounting and Finance 93,239,900 GNF
Debt Collector Accounting and Finance 44,998,200 GNF
Debtors Clerk Accounting and Finance 39,718,900 GNF
Debtors Controller Accounting and Finance 41,040,700 GNF
Deputy CFO Accounting and Finance 147,600,500 GNF
Deputy Head of Finance Accounting and Finance 159,601,400 GNF
Derivative Trader Accounting and Finance 96,959,900 GNF
Director of Finance Accounting and Finance 162,000,100 GNF
Economist Accounting and Finance 125,999,700 GNF
Equity Analyst Accounting and Finance 100,798,800 GNF
Escrow Assistant Accounting and Finance 52,558,300 GNF
Executive Accountant Accounting and Finance 62,400,200 GNF
External Auditor Accounting and Finance 80,398,400 GNF
Finance Administrator Accounting and Finance 69,001,000 GNF
Finance Analyst Accounting and Finance 98,400,200 GNF
Finance Associate Accounting and Finance 50,998,800 GNF
Finance Director Accounting and Finance 171,598,600 GNF
Finance Executive Accounting and Finance 122,398,700 GNF
Finance Licensing Clerk Accounting and Finance 39,600,100 GNF
Finance Licensing Manager Accounting and Finance 104,040,600 GNF
Finance Licensing Specialist Accounting and Finance 58,441,700 GNF
Finance Manager Accounting and Finance 162,000,100 GNF
Finance Officer Accounting and Finance 51,959,300 GNF
Finance President Accounting and Finance 165,599,600 GNF
Finance Relationship Manager Accounting and Finance 133,198,700 GNF
Finance Release Analyst Accounting and Finance 64,079,200 GNF
Finance Specialist Accounting and Finance 94,561,900 GNF
Finance Team Leader Accounting and Finance 121,199,300 GNF
Financial Accountant Accounting and Finance 55,201,700 GNF
Financial Actuary Accounting and Finance 84,121,400 GNF
Financial Administrator Accounting and Finance 94,681,700 GNF
Financial Advisor Accounting and Finance 102,718,900 GNF
Financial Analyst Accounting and Finance 105,358,700 GNF
Financial Applications Specialist Accounting and Finance 68,639,200 GNF
Financial Assistant Accounting and Finance 43,800,600 GNF
Financial Associate Accounting and Finance 46,800,400 GNF
Financial Associate Accounting and Finance 53,521,300 GNF
Financial Claims Analyst Accounting and Finance 78,121,700 GNF
Financial Claims Manager Accounting and Finance 102,359,100 GNF
Financial Claims Supervisor Accounting and Finance 94,201,900 GNF
Financial Clerk Accounting and Finance 44,398,300 GNF
Financial Commercial Analyst Accounting and Finance 78,960,300 GNF
Financial Compliance Analyst Accounting and Finance 87,600,700 GNF
Financial Consultant Accounting and Finance 78,121,700 GNF
Financial Controller Accounting and Finance 85,560,900 GNF
Financial Controller Accounting and Finance 86,278,600 GNF
Financial Coordinator Accounting and Finance 51,361,500 GNF
Financial Customer Service Manager Accounting and Finance 107,761,600 GNF
Financial Dealer and Broker Accounting and Finance 63,719,600 GNF
Financial Director Accounting and Finance 170,399,900 GNF
Financial Encoder Accounting and Finance 46,921,300 GNF
Financial Manager Accounting and Finance 149,999,200 GNF
Financial Manager Accounting and Finance 156,000,100 GNF
Financial Operations Manager Accounting and Finance 149,999,200 GNF
Financial Policy Analyst Accounting and Finance 88,440,900 GNF
Financial Project Manager Accounting and Finance 114,120,900 GNF
Financial Quantitative Analyst Accounting and Finance 99,000,200 GNF
Financial Reporting Consultant Accounting and Finance 85,560,900 GNF
Financial Reporting Manager Accounting and Finance 108,959,200 GNF
Financial Section Head Accounting and Finance 105,241,800 GNF
Financial Services Manager Accounting and Finance 140,401,100 GNF
Financial Services Sales Agent Accounting and Finance 62,400,200 GNF
Fixed Assets Administrator Accounting and Finance 61,080,900 GNF
Forensic Accountant Accounting and Finance 67,441,500 GNF
Fraud Detection Supervisor Accounting and Finance 71,999,700 GNF
Fraud Prevention Manager Accounting and Finance 118,198,900 GNF
Fund Accountant Accounting and Finance 54,961,400 GNF
Grants Coordinator Accounting and Finance 42,719,800 GNF
Group Financial Manager Accounting and Finance 154,800,100 GNF
Internal Auditor Accounting and Finance 76,078,800 GNF
Internal Control Adviser Accounting and Finance 91,919,500 GNF
Internal Control Officer Accounting and Finance 50,519,600 GNF
International Tax Director Accounting and Finance 135,600,300 GNF
Inventory Accountant Accounting and Finance 56,641,700 GNF
Investment Advisor Accounting and Finance 152,398,600 GNF
Investment Analyst Accounting and Finance 111,480,700 GNF
Investment Associate Accounting and Finance 92,280,500 GNF
Investment Broker Accounting and Finance 93,838,400 GNF
Investment Fund Manager Accounting and Finance 121,199,300 GNF
Investment Operations Manager Accounting and Finance 123,599,800 GNF
Investment Underwriter Accounting and Finance 45,839,700 GNF
Investor Accounting and Finance 73,801,300 GNF
Investor Relations Manager Accounting and Finance 113,999,200 GNF
KYC Team Leader Accounting and Finance 104,758,300 GNF
Loan Processor Accounting and Finance 48,239,000 GNF
Management Accountant Accounting and Finance 64,079,200 GNF
Management Economist Accounting and Finance 131,998,300 GNF
Paymaster Accounting and Finance 44,161,600 GNF
Payroll Administrator Accounting and Finance 77,758,500 GNF
Payroll Benefits Coordinator Accounting and Finance 64,920,700 GNF
Payroll Billing Manager Accounting and Finance 106,561,500 GNF
Payroll Clerk Accounting and Finance 50,998,800 GNF
Payroll Manager Accounting and Finance 105,960,300 GNF
Payroll Officer Accounting and Finance 50,281,100 GNF
Payroll Specialist Accounting and Finance 59,640,200 GNF
Payroll Supervisor Accounting and Finance 73,319,100 GNF
Pensions Administrator Accounting and Finance 59,999,100 GNF
Personal Financial Advisor Accounting and Finance 84,960,400 GNF
Pricing Analyst Accounting and Finance 96,118,100 GNF
Private Equity Analyst Accounting and Finance 101,519,900 GNF
Project Accountant Accounting and Finance 57,598,800 GNF
Proposal Development Coordinator Accounting and Finance 50,398,300 GNF
Receivables Accountant Accounting and Finance 50,759,100 GNF
Regulatory Accountant Accounting and Finance 63,840,300 GNF
Retirement Plan Analyst Accounting and Finance 93,118,500 GNF
Revenue Management Specialist Accounting and Finance 95,998,700 GNF
Revenue Recognition Analyst Accounting and Finance 104,758,300 GNF
Risk Management Director Accounting and Finance 133,198,700 GNF
Risk Management Supervisor Accounting and Finance 108,600,300 GNF
Staff Accountant Accounting and Finance 52,558,300 GNF
Tax Administrator Accounting and Finance 63,840,300 GNF
Tax Advisor Accounting and Finance 89,281,500 GNF
Tax Analyst Accounting and Finance 88,560,900 GNF
Tax Associate Accounting and Finance 47,401,700 GNF
Tax Consultant Accounting and Finance 91,439,200 GNF
Tax Director Accounting and Finance 131,998,300 GNF
Tax Examiner Accounting and Finance 59,158,300 GNF
Tax Manager Accounting and Finance 111,001,800 GNF
Tax Research Manager Accounting and Finance 110,040,100 GNF
Teller Accounting and Finance 35,159,900 GNF
Treasury Accountant Accounting and Finance 59,040,700 GNF
Treasury Analyst Accounting and Finance 94,079,900 GNF
Underwriter Accounting and Finance 38,760,100 GNF
Underwriting Assistant Accounting and Finance 36,121,000 GNF
Vice President of Finance Accounting and Finance 160,800,900 GNF

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