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Average Treasury Accountant Salary in Morocco for 2026

A treasury accountant in Morocco earns about 172,200 MAD a year. That's 26% below the national average of 232,400 MAD.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Morocco sit around 88,020 MAD a year, while the very top stretches to 263,200 MAD. Everything on this page is in Moroccan dirham (MAD, symbol د.م.), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Morocco, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a treasury accountant make in Morocco?

Average salary
172,200 MAD
14,350 MAD per month
Lowest reported
88,020 MAD
7,335 MAD per month
Highest reported
263,200 MAD
21,933 MAD per month

A typical treasury accountant working in Morocco brings home around 14,350 MAD a month before tax. Entry-level pay starts near 88,020 MAD, and the top of the ladder reaches roughly 263,200 MAD for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior treasury accountant working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How treasury accountant pay ranges in Morocco

A good way to think about salary in Morocco is to look at the distribution rather than the headline average. Half of all treasury accountants in Morocco earn less than 163,800 MAD a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 114,900 MAD (the 25th percentile), and a quarter clear 205,700 MAD (the 75th percentile). The middle 50% of treasury accountants sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 88,020 MAD. The highest stretch to 263,200 MAD, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

88,020
Low
163,800
Median
263,200
High
114,900
25th
205,700
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in MAD

Treasury accountant pay by experience in Morocco

Years of experience is the single biggest lever on pay for a treasury accountant in Morocco, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical treasury accountant salary changes as you move through the career ladder.

  • 0-2 Years
    100,140 MAD
  • 2-5 Years
    +36% from previous
    136,200 MAD
  • 5-10 Years
    +30% from previous
    176,800 MAD
  • 10-15 Years
    +20% from previous
    212,500 MAD
  • 15-20 Years
    +9% from previous
    232,400 MAD
  • 20+ Years
    +6% from previous
    245,300 MAD

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 36%. That is the point at which a treasury accountant typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Treasury accountant pay by education in Morocco

Education sits alongside experience as one of the biggest factors driving treasury accountant pay in Morocco. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average treasury accountant salary in Morocco broken down by the highest level of education a worker has completed.

  • High School
    123,400 MAD
  • Certificate or Diploma
    +12% from previous
    138,200 MAD
  • Bachelor's Degree
    +42% from previous
    196,800 MAD
  • Master's Degree
    +21% from previous
    239,000 MAD

Treasury accountant gender pay gap in Morocco

The gender pay gap is a stubborn feature of almost every labour market, and Morocco is no exception. Male treasury accountants in Morocco earn an average of 183,600 MAD a year, while female treasury accountants earn around 161,600 MAD. That works out to a 14% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Treasury Accountant gender pay gap

12%

Men earn this much more than women on average in Morocco.

Men 183,600 MAD
Women 161,600 MAD

Pay raises for a treasury accountant in Morocco

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Morocco sees a raise of about 12% every 16 months, which works out to roughly 9% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Morocco, the national average raise is around 9% every 17 months.

By industry

Industries with the highest pay raises in Morocco:

  • Banking
    2%
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    1%
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Treasury accountant bonus rates in Morocco

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

52%

52% of treasury accountants in Morocco reported a bonus of some kind in the past twelve months. That makes a treasury accountant a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 3% to 5% of base salary. The remaining 48% of treasury accountants reported no bonus at all over the same period.

Which careers pay bonuses in Morocco

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Treasury accountant: public vs private sector pay

Public-sector pay in Morocco is about 8% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

7%

Public-sector workers earn this much more than private-sector workers in Morocco on average.

Public sector 239,300 MAD
Private sector 222,300 MAD

Treasury accountant salary by city in Morocco

Treasury accountant pay is not even across Morocco. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Casablanca
  • Tangier
  • Marrakech
  • Rabat
  • Agadir
LocationTypeAverageMedianRange
CasablancaCity189,300 MAD204,700 MAD87,520-297,000 MAD
TangierCity180,500 MAD183,700 MAD88,580-281,500 MAD
MarrakechCity172,400 MAD176,800 MAD85,020-271,300 MAD
RabatCity161,300 MAD157,600 MAD85,880-247,800 MAD
AgadirCity152,300 MAD158,700 MAD74,380-239,000 MAD


Treasury Accountant in Morocco: FAQs

  • How much does a treasury accountant make per month in Morocco?

    A treasury accountant in Morocco earns about 14,350 MAD a month before tax, based on an annual average of 172,200 MAD.

  • What's the salary range for a treasury accountant in Morocco?

    Entry-level treasury accountants in Morocco start near 88,020 MAD. Top-end pay reaches around 263,200 MAD. The middle 50% of earners sit between 114,900 and 205,700 MAD.

  • Is the median treasury accountant salary in Morocco higher or lower than the average?

    The median is 163,800 MAD, lower than the average of 172,200 MAD. Half of treasury accountants in Morocco earn below the median, half earn above it.

  • What's the gender pay gap for treasury accountants in Morocco?

    Men working as a treasury accountant in Morocco earn around 14% more than women on average (183,600 vs 161,600 MAD a year).

  • Do treasury accountants in Morocco get bonuses?

    About 52% of treasury accountants in Morocco reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 5% of base salary.

  • Do treasury accountants earn more in the public or private sector in Morocco?

    In Morocco, the public sector pays a treasury accountant about 8% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do treasury accountants in Morocco get a pay raise?

    A treasury accountant in Morocco sees a raise of around 12% every 16 months, equivalent to roughly 9% a year.