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By ענת גלעד
Economy07:13 · 45m ago

Israeli Accountants Earn Between NIS 8,000 and NIS 55,000 Monthly

Bizportal
Translated & summarized from Bizportal by baba
The story · English

Salaries for accountants in Israel vary significantly based on experience, firm size, and specialization. Entry-level trainees at the four largest firms earn a base salary of approximately NIS 7,700 to NIS 8,750, with additional benefits bringing their monthly take-home pay to around NIS 9,000 to NIS 9,300, before an annual bonus of NIS 10,000 to NIS 18,000. This is above the minimum wage but below the average salary for salaried employees, which ranges from NIS 14,000 to NIS 15,000.

Upon qualifying, certified accountants with up to two years of experience typically earn between NIS 13,000 and NIS 17,000, rising to NIS 17,000 to NIS 20,000 at larger firms. Those with five to ten years of experience can expect NIS 14,000 to NIS 26,000, with specialists in areas like public company audits, taxation, or high-tech support earning NIS 26,000 to NIS 30,000 after five years.

The most substantial salary increases occur when accountants move from firms to corporate roles. An accountant with four to six years of experience transitioning to a financial controller or manager position in a high-tech or industrial company can see their salary jump by several thousand shekels, often with added benefits like a company car and stock options. Partners in smaller firms earn around NIS 23,000 monthly, while partners in large firms can make NIS 45,000 to NIS 55,000.

The path to becoming a certified accountant involves a bachelor's degree in accounting, followed by two exams, and then a two-year internship. The profession's demand remains stable, with a consistent need for financial reporting and balance sheets for businesses and self-employed individuals. Salaries are gross figures for full-time positions, compiled from job postings, salary surveys, and firm reports.

Read the original at Bizportal
Full coverage · 1 outlets
First: Bizportal · 3h ago

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