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ExpatSingapore Message Board 13 February 2012, 0:11:57 am *
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Author Topic: Salary Expectation for P/Q Cima Accountant  (Read 145 times)
New to Singapore
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« on: 13 October 2004, 12:26:00 pm »
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Dear All,

I am going to be placed in Singapore soon, and want to know what kind of salary a P/Q cima accountant can expect.

I have worked in the financial arena for the last 5 years in various accounting roles for investment banks.  My present role is regulatory accountant here in Sydney.  

I am originally from the UK, and have taken a pay cut in pounds, with my present job here in Sydney.

I have a wife and young child (3 months), and want to know what salary I should aim for if I want a comfortable life for my family.  By the way I will be the only one working.  With regards to expat status.  I am not sure if I will get that.

Thanks in advance for all your help.

p.s

What is the working hours/culture like in Singapore.  In London it was very much a dog eat dog world, whereas in Australia its much more relaxed.

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ExpatSingapore Message Board
« on: 13 October 2004, 12:26:00 pm »
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another accountant
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« Reply #1 on: 13 October 2004, 13:20:00 pm »
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If you are working for a large investment bank (sounds like you may be) and depending on total experience - not clear if 5 years is since Uni or since doing 1st part of exams (or if you are still studying), I would have thought around 60-80k.  

You almost certainly won't get an expat deal in terms of housing/school fees/home leave but may get put up for a month on two in a serviced apartment.  Pretty much anyone below director level can forget it these days in back office and even then they had better really want you.

Environment in banks here is less aggressive than London but less relaxed than Sydney.  Hours are longer than either (depending what you were used to in London, people over there seem to be working a good bit shorter hours than when I left).

You should be comfortable on that but you certainly won't be rich, especially if you are here until your baby starts school (assuming you go international although with such a young baby you do have the opportunity to have them learning Mandarin early which would make local school more of an option).

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