Accountant Salaries in Israel Range From NIS 9,000 to NIS 25,000
Salaries for accountants in Israel vary significantly based on experience, company size, and specialization, generally ranging from NIS 9,000 to NIS 25,000 gross per month. Entry-level accountants with up to two years of experience, typically working in accounting firms or small companies, earn between NIS 9,000 and NIS 13,000 monthly. This is above the minimum wage but below the national average salary, which hovers around NIS 14,000 to NIS 15,000.
After four to six years of experience, accountants who can independently close monthly accounts see their salaries increase to approximately NIS 13,000 to NIS 16,000. Senior or certified accountants in medium-sized companies can expect to earn between NIS 18,000 and NIS 25,000, depending on specific agreements and job postings. The size of the company and its financial turnover often have a greater impact on salary than formal certifications.
Workload can be intense, especially during month-end closing periods for VAT and payroll, often requiring overtime. While flexibility for personal matters exists mid-month, it diminishes significantly during these busy weeks. Accountants handling multiple clients in accounting firms may face compounded closing periods due to late document submissions.
Entry into the profession often does not require a university degree, with many professionals entering through accredited courses lasting six months to a year. Obtaining a senior or certified accountant qualification can significantly boost earning potential and career advancement. Specialized courses in payroll accounting offer similar or even higher salary prospects.
Internationally, average salaries for accounting clerks in the U.S. are around $50,670 annually, translating to approximately NIS 12,700 monthly, and in Germany, they range from EUR 40,000 to EUR 49,000 per year (roughly NIS 11,600 to NIS 14,300 monthly). These figures suggest that accounting salaries are not significantly higher abroad compared to Israel, unlike fields such as high-tech or medicine, due to the localized nature of tax laws.
Automation poses a future challenge, with predictions of a decline in certain accounting roles due to software advancements. However, the demand for professionals who can handle complex tasks like adjustments, audits, exceptions, and communication with tax authorities is expected to persist. Key factors for salary increases include seniority, proficiency in accounting software like Hishbeshet, Rivasit, and Priority, and transitioning to larger companies or specific industries like high-tech.
