Accountant I Salary in China
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How much does an Accountant I make in China? The average Accountant I salary in China is ¥72,480 as of April 16, 2021, but the range typically falls between ¥57,158 and ¥86,846. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost an Accountant I Salary
Mastering key skills can significantly increase your earning potential as an Accountant I. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 5% salary raise, while strong Bookkeeping skills boost pay by a 1%.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Bookkeeping
Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation. There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these may be viewed as "real" bookkeeping, any process for recording financial transactions is a bookkeeping process. Bookkeeping is the work of a bookkeeper (or book-keeper), who records the day-to-day financial transactions of a business. They usually write the daybooks (which contain records of sales, purchases, receipts, and payments), and document each financial transaction, whether cash or credit, into the correct daybook—that is, petty cash book, suppliers ledger, customer ledger, etc.—and the general ledger. Thereafter, an accountant can create financial reports from the information recorded by the bookkeeper.
More Skills...
Based on recent job listings, in-demand skills in the Accountant I field include Analysis (5%), and Bookkeeping (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| ¥76,104 |
Analysis
¥76,104
|
5%
|
|
| ¥73,205 |
Bookkeeping
¥73,205
|
1%
|
What does an Accountant I do?
Accountant I
Dusseldorf, DE
Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
12/26/2020
Accountant I
Strasbourg, FR
Prepare and Assist with the preparation of the global consolidating income tax provision, including tax footnote disclosures to be included in the Company's SEC filings, account reconciliations/analyses and journal entries.
12/25/2020
Accountant I
Nice, FR
Prepare the monthly closing entries and month-end reporting package for Manufacturing, including identification, review and resolution of unusual/unexpected variances and related balance sheet account reconciliations.
12/17/2020
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Career Path for Accountant I in China
About China
China's landscape is vast and diverse, ranging from the Gobi and Taklamakan Deserts in the arid north to the subtropical forests in the wetter south. The Himalaya, Karakoram, Pamir and Tian Shan mountain ranges separate China from much of South and Central Asia. The Yangtze and Yellow Rivers, the third- and sixth-longest in the world, respectively, run from the Tibetan Plateau to the densely populated eastern seaboard. China's coastline along the Pacific Ocean is 14,500 kilometers (9,000 mi) long and is bounded by the Bohai, Yellow, East China and South China seas. China connects through the K...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Accountant I Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Shanghai, CN |
Compared to national average
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| City, Country Beijing, CN |
Compared to national average
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| City, Country Suzhou, CN |
Compared to national average
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| City, Country Guangzhou, CN |
Compared to national average
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Employees with Accountant I in their job title in Beijing, CN earn an average of 18.8% more than the national average.
Similar Jobs to Accountant I in China
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| Job Title | Salary Range in CNY |
|---|---|
| Job Title Accountant II |
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| Job Title Accountant III |
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| Job Title Cost Accountant II |
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| Job Title Entry Accountant |
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| Job Title Financial Accountant I |
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Understand the base salary paid range for an Accountant I in China
Average Base Salary
Core compensation
57158
86846
The chart shows the base salary for Accountant I ranges from ¥57,158 to ¥86,846 with the average base salary of ¥72,480. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Accountant I may get paid difference by industry, location, and factors.
Accountant I Frequently Asked Questions in China
What is the salary range for an Accountant I in China? What is the average hourly rate?
The average salary for an Accountant I in China is ¥72,480 per year. The salary range for an Accountant I is between ¥57,158 and ¥86,846. While we are seeing hourly wages as high as ¥42 and as low as ¥27, the majority of Accountant Is are currently paid an average of ¥35 in China. The average salary pay range for an Accountant I can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Accountant I in China can differ based on any or all of these varying factors.
April 16, 2021
salary.com
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Why should you negotiate salary for an Accountant I role? What are effective negotiation strategies?
Most hiring managers in China expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Accountant I position that you can in China. This starting salary of the Accountant I position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Accountant I position in China, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs.
April 16, 2021
salary.com
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How do you evaluate the advantages, opportunities, and salary for an Accountant I role located in large metropolitan city or in a small town?
Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of an Accountant I in the China can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. an Accountant I job in a large city of the China may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the China also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Accountant I job is right for you.
April 16, 2021
salary.com
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Last Update: April 16, 2021