Israeli Accountants' Salaries Range From Entry-Level to Multi-Million Dollar Partners

Salaries for accountants in Israel vary dramatically based on experience, firm size, and specialization, with entry-level trainees earning NIS 9,000-12,000 per month and partners at large firms potentially exceeding NIS 1.5 million annually. Trainees typically start at NIS 8,000-10,000 gross monthly, increasing to NIS 11,000-12,000 in their second year, plus annual bonuses. These starting salaries are above minimum wage but below the national average of NIS 14,000-15,000.

After obtaining their license, certified accountants with up to two years of experience earn NIS 14,000-21,000, while senior accountants with three to five years of experience can make NIS 19,000-25,000. Those specializing in areas like international taxation or public company audits may earn NIS 27,000-32,000. Managers in audit departments with six to nine years of experience earn NIS 26,000-35,000, and senior managers or directors can reach NIS 35,000-50,000.

At the top of the scale, partners in medium-sized firms earn NIS 45,000-70,000 monthly. Partners in the five largest firms (EY, PwC, Deloitte, KPMG, BDO) earn NIS 1.5-1.8 million per year, with managing partners or division heads potentially earning NIS 3-5 million annually. These firms employ over 500 partners collectively.

Significant fees are paid for auditing services. For example, Israel Electric Corporation paid KPMG over NIS 4 million for its annual audit, and Israel Railways paid Deloitte approximately NIS 2.4 million. Bank Leumi's audit costs for 2025 are estimated at NIS 15.9 million, with related services bringing the total to NIS 20.7 million. State-owned companies alone paid the firms about NIS 80 million over three years.

Artificial intelligence is beginning to impact the lower end of the profession, with AI tools automating tasks previously done by trainees. This could lead to fewer trainee positions and potentially higher pay for those who are hired. However, the license remains crucial as a certified accountant is ultimately responsible for signed audit reports. Salaries abroad, such as the US median of $83,680 annually, show comparable earning potential when adjusted for cost of living and taxes.