ACCOUNTING & ADMINISTRATION / SALARY
MONGOLIA

SALARY SURVEYS

13

UPDATED
April 2024
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AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 3410.75 MNT = 1 USD
51,553,433 MNT $15,115 USD		40,928,958 MNT $12,000 USD		Gross income Net (after tax) 3410.75 MNT = 1 USD

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Average Salary / Accounting & Administration / Mongolia

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Average salary for Accounting & Administration / Mongolia is 51,553,433 MNT per year. The most typical earning is 40,928,958 MNT. All data are based on 13 salary surveys. Salaries are different between men and women. Men receive an average salary of 49,114,750 MNT. Women receive a salary of 52,184,421 MNT.

Based on education, the highest salaries receive people with Masters Degree with salary of 73,672,125 MNT. The second most paid education level is Bachelors Degree with salary of 32,402,092 MNT.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 90,043,708 MNT. Employees with 8-12 Years of experience receive 58,664,840 MNT.

Levels / Accounting & Administration / Mongolia (Gross MNT)

Salary Levels (MNT) per Year	Surveys	[%]
3,410,700 MNT - 6,818,099 MNT	0	n/a
6,821,500 MNT - 10,228,799 MNT	0	n/a
10,232,200 MNT - 17,050,299 MNT	1	100% 7.69%
17,053,700 MNT - 34,104,099 MNT	3	92.31% 23.08%
THE MOST TYPICAL SALARY
34,107,500 MNT - 51,157,799 MNT	5	69.23% 38.46%
51,161,200 MNT - 68,211,499 MNT	1	30.77% 7.69%
68,214,900 MNT - 85,265,299 MNT	0	n/a
85,268,700 MNT - 102,318,999 MNT	3	23.08% 23.08%
102,322,400 MNT - 119,372,699 MNT	0	n/a
119,376,100 MNT - 136,426,499 MNT	0	n/a
136,429,900 MNT - 153,480,199 MNT	0	n/a
153,483,600 MNT - 170,533,899 MNT	0	n/a
170,537,300 MNT - 187,587,599 MNT	0	n/a
187,591,100 MNT - 204,641,399 MNT	0	n/a
204,644,800 MNT - 221,695,099 MNT	0	n/a
221,698,500 MNT - 238,748,799 MNT	0	n/a
238,752,300 MNT - 255,802,599 MNT	0	n/a
255,806,000 MNT - 272,856,299 MNT	0	n/a
272,859,700 MNT - 289,909,999 MNT	0	n/a
289,913,500 MNT - 306,963,799 MNT	0	n/a
306,967,200 MNT - 324,017,499 MNT	0	n/a
324,020,900 MNT - 341,071,199 MNT	0	n/a
341,074,700 MNT - 358,124,999 MNT	0	n/a
358,128,400 MNT - 375,178,699 MNT	0	n/a
375,182,100 MNT - 392,232,399 MNT	0	n/a
392,235,900 MNT - 409,286,199 MNT	0	n/a
409,289,600 MNT - 426,339,899 MNT	0	n/a
426,343,300 MNT - 443,393,599 MNT	0	n/a
443,397,000 MNT - 460,447,399 MNT	0	n/a
460,450,800 MNT - 477,501,099 MNT	0	n/a
477,504,500 MNT - 494,554,799 MNT	0	n/a
494,558,200 MNT - 511,608,599 MNT	0	n/a
HIGH SALARIES
511,612,000 MNT - 545,715,999 MNT	0	n/a
545,719,400 MNT - 579,823,499 MNT	0	n/a
579,826,900 MNT - 613,930,999 MNT	0	n/a
613,934,400 MNT - 648,038,399 MNT	0	n/a
648,041,800 MNT - 682,145,899 MNT	0	n/a
682,149,300 MNT - 716,253,399 MNT	0	n/a
716,256,800 MNT - 750,360,799 MNT	0	n/a
750,364,200 MNT - 784,468,299 MNT	0	n/a
784,471,700 MNT - 818,575,799 MNT	0	n/a
818,579,200 MNT - 852,683,199 MNT	0	n/a
852,686,600 MNT - 1,193,761,299 MNT	0	n/a

Gender / Accounting & Administration / Mongolia (Gross MNT)

#		Surveys		AVERAGE SALARY / YEAR
1	Women	10	52,184,421 MNT
2	Men	3	49,114,750 MNT

Education / Accounting & Administration / Mongolia (Gross MNT)

#		Surveys		AVERAGE SALARY / YEAR
1	Masters Degree	6	73,672,125 MNT
2	Bachelors Degree	7	32,402,092 MNT

Experience / Accounting & Administration / Mongolia (Gross MNT)

#		Surveys
1	16-20 Years	1	90,043,708 MNT
2	8-12 Years	6	58,664,840 MNT
3	2-4 Years	1	48,091,526 MNT
4	20+ Years	1	40,587,883 MNT
5	4-8 Years	3	36,153,913 MNT
6	0-1 Year	1	30,355,644 MNT

Age / Accounting & Administration / Mongolia (Gross MNT)

#		Surveys
1	36-40	2	75,718,573 MNT
2	31-35	7	55,254,093 MNT
3	26-30	1	35,812,838 MNT
4	21-25	2	35,471,763 MNT
5	41-45	1	25,921,673 MNT

Work Type / Accounting & Administration / Mongolia (Gross MNT)

#		Surveys
1	Contract	1	101,640,246 MNT
2	Permanent	11	49,455,824 MNT
3	Self Employed	1	25,580,599 MNT

Cities / Accounting & Administration / Mongolia (Gross MNT)

#		Surveys		AVERAGE SALARY / YEAR
1	Ulan Bator	13	51,502,272 MNT

Careers / Accounting & Administration / Mongolia (Gross MNT)

#		Surveys
1	Chartered Accountant	1	90,043,708 MNT
2	CPA - Certified Public Accountant	2	74,013,199 MNT
3	Senior Accountant	3	61,393,437 MNT
4	Accountant	5	38,541,435 MNT
5	Audit Manager	1	30,355,644 MNT
6	Administrative Assistant	1	25,580,599 MNT

People's individual salary examples (surveys)

Senior Accountant

Posted 13 September 2022
Key knowledge and tasks

"Senior Accounting P&L Income Statement Capital."

City	Education	Experience	Knowledge	Gross salary / year
Ulan Bator	Masters Degree	2-4 Years	Expert	48,037,000 MNT

Tresury

Posted 17 February 2021
Key knowledge and tasks

"I look over all bank accountants, and deduct people gross salary and turn it into net salary."

City	Education	Experience	Knowledge	Gross salary / year
Ulan Bator	Bachelors Degree	4-8 Years	n/a	25,802,300 MNT

Audit Associate

Posted 20 June 2019
Key knowledge and tasks

"Be a part of the team that gives an opinion on clients' financial statement integrity."

City	Education	Experience	Knowledge	Gross salary / year
Ulan Bator	Bachelors Degree	0-1 Year	n/a	30,423,900 MNT

Senior Accountant

Posted 06 March 2019
Key knowledge and tasks

"•	Prepare, review and distribute weekly, monthly financial information to Departments
•	Responsible for the month-end and year-end closure process
•	Track expenses and revenues versus budget and forecast, and analyze fluctuations
•	Prepare monthly management report including ratio analysis report using draw chart, graphs to the Management
•	Analyze variances and explore potential problems and advise
•	Coordinate financial questions/answers with other departments
•	Assist in planning and budget process by analyzing financial information required
•	Provide training to other departments to understand the financial information
•	Maintain budget and reforecast information in the ERP system
•	Interpret data affecting the business, such as price, yield, stability, future trends
•	Prepare cash flow report and forecast, identifies and evaluates variances (weekly, monthly, quarterly etc. )	 
•	Ensure compliance with IFRS and the company policies and procedures
•	Prepare draft credit proposals for potential customers and/or for particular deal packages
•	Prepare other ad hoc reports and analysis when requested by the line manager."

City	Education	Experience	Knowledge	Gross salary / year
Ulan Bator	Bachelors Degree	4-8 Years	n/a	46,689,700 MNT

Executive Assistant

Posted 14 August 2018
Key knowledge and tasks

"Preparing of internal cost reports on monthly basis, administering daily operation of office."

City	Education	Experience	Knowledge	Gross salary / year
Ulan Bator	Bachelors Degree	8-12 Years	n/a	25,515,800 MNT

Chief Finance

Posted 27 May 2018
Key knowledge and tasks

"CFO in multi-functional group company."

City	Education	Experience	Knowledge	Gross salary / year
Ulan Bator	Bachelors Degree	4-8 Years	n/a	35,720,700 MNT

Chief Accountant

Posted 10 December 2017
Key knowledge and tasks

"Oversee and provide guidance and professional advice day to day basis for all financial activities."

City	Education	Experience	Knowledge	Gross salary / year
Ulan Bator	Bachelors Degree	8-12 Years	n/a	47,395,700 MNT

ACCOUNTING & ADMINISTRATION / SALARY MONGOLIA

13

51,553,433 MNT

40,928,958 MNT