Big 4 Accounting Firms Salary in Singapore

The Big 4 firms in Singapore, consisting of Deloitte, PricewaterhouseCoopers (PwC), Ernst & Young (EY), and KPMG, are the four largest accounting and consulting firms in the world. They have a strong global presence serving Global Fortune 500 companies and provide professional services in various areas, including auditing, taxation, consulting, and financial transactions.

Before becoming the Big Four in the 1980s, there were originally eight major firms. However, due to various issues, mergers occurred, leaving the current four firms known as the Big Four. Except for KPMG, headquartered in the Netherlands, the other three firms are headquartered in the United Kingdom.

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According to Bloomberg, the Big Four audit firms are offering higher pay to retain Singapore talents, up to 20%. This is a significant factor driving many finance and accounting graduates to aspire to join these prestigious companies.

In general, the salaries within the Big 4 accounting firms exhibit significant variations based on department and location rather than the specific firm itself.

For example, an associate consultant working in Singapore office typically earns more than an audit associate in the Indonesian office.

This remains accurate due to both the role's responsibilities and the geographical location of the employees, and typically applicable across all Big 4 accounting firms.

As the Big 4 accounting firms offer virtually identical salaries to their employees, the compensation provided below are categorized based on job positions based on Glassdoor reviews.

Deloitte provides services such as audit and insurance, consulting, financial reporting, legal services, risk reports, and taxation. Deloitte employs over 312,000 officers with offices spanning across 150 countries.

Below are the monthly salaries of Deloitte in 2024 based on job positions excluding benefits, cash bonuses, stock bonuses, profit sharing, sales commissions, and tips.

• Consultant: SGD 5,000 - SGD 6,000
• Intern: SGD 800 - SGD 850
• Associate: SGD 3,000 - SGD 4,000
• Manager: SGD 7,000 - SGD 10,000
• Senior Auditor: SGD 4,000 - SGD 5,000
• Audit: SGD 750 - SGD 850
• Audit Associate: SGD 3,000
• Senior Consultant: SGD 5,000 - SGD 9,000
• Assistant Manager: SGD 5,000 - SGD 7,000
• Senior Associate: SGD 4,000 - SGD 5,000
• Auditor: SGD 3,000 - SGD 4,000
• Analyst: SGD 3,000 - SGD 4,000
• Audit Manager: SGD 6,000 - SGD 8,000
• Senior Manager: SGD 11,000 - SGD 16,000
• Tax Associate: SGD 3,000 - SGD 4,000
• Audit Senior Associate: SGD 4,000 - SGD 5,000
• Business Analyst: SGD 4,000
• Senior Analyst: SGD 5,000 - SGD 6,000

Not finding the salary based on your job position? You can try Salary Checker, and see your own ideal salary in any region or country!

Derived from its official site, PwC has a presence in 155 countries and over 284,000 employees working there. PwC offers insurance, taxation, and advisory. The company has provided services to 84% of Global Fortune 500 companies and over 100,000 entrepreneurial and private businesses. Up until June 30, 2020, PwC recorded a gross revenue of US$43 billion.

Below are the monthly salaries of PwC employees in 2024, listed according to job positions, excluding supplementary benefits, cash bonuses, stock bonuses, profit-sharing, sales commissions, and tips.

• Associate: SGD 3,000 - SGD 4,000
• Senior Associate: SGD 4,000 - SGD 6,000
• Manager: SGD 6,000 - SGD 8,000
• Intern: SGD 755 - SGD 850
• Assistant Manager: SGD 5,000 - SGD 6,000
• Audit Associate: SGD 3,000 - SGD 4,000
• Senior Manager: SGD 9,000 - SGD 12,000
• Audit Senior Associate: SGD 5,000 - SGD 6,000
• Auditor: SGD 3,000 - SGD 5,000
• Senior Consultant: SGD 5,000 - SGD 6,000
• Audit Manager: SGD 6,000 - SGD 8,000
• Tax Associate: SGD 3,000 - SGD 4,000
• Senior Auditor: SGD 4,000 - SGD 5,000
• Consultant: SGD 4,000 - SGD 6,000
• Senior Audit Associate: SGD 4,000 - SGD 6,000
• Assurance Associate: SGD 3,000
• Tax Manager: SGD 7,000 - SGD 9,000
• Audit Senior: SGD 4,000 - SGD 5,000

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EY has provided services to 84% of Fortune Global 500 companies and 73% of Forbes Global 2,000 companies. With a clientele of 200,000, EY offers consulting, insurance, tax, strategy, and transaction services. EY also collaborates to develop cutting-edge services, leveraging technologies like AI, blockchain, Internet of Things, and cybersecurity.

The monthly salaries of EY employees in 2024, categorized by job positions, are detailed below, excluding additional benefits, cash bonuses, stock bonuses, profit-sharing, sales commissions, and tips.

• Intern: SGD 750 - SGD 800
• Associate: SGD 3,000 - SGD 4,000
• Audit Associate: SGD 3,000 - SGD 4,000
• Senior Associate: SGD 5,000 - SGD 6,000
• Audit Senior: SGD 4,000 - SGD 5,000
• Manager: SGD 7,000 - SGD 9,000
• Senior Consultant: SGD 5,000 - SGD 7,000
• Senior Auditor: SGD 4,000 - SGD 6,000
• Consultant: SGD 3,000 - SGD 5,000
• Audit Assistant: SGD 3,000
• Auditor: SGD 3,000 - SGD 5,000
• Tax Associate: SGD 3,000 - SGD 4,000
• Audit Manager: SGD 7,000 - SGD 8,000
• Audit Senior Associate: SGD 4,000 - SGD 5,000
• Assurance: SGD 800
• Senior Manager: SGD 9,000 - SGD 13,000
• Assistant Manager: SGD 5,000 - SGD 7,000
• Tax Consultant: SGD 4,000 - SGD 6,000

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KPMG is the result of the merger between Klynveld Main Goerdeler (KMG) and Peat Marwick in 1987. KPMG provides services in insurance and audit, tax, and consulting across all industries. Operating in 146 countries, KPMG has a total of 227,000 employees.

The monthly salaries of KPMG employees in 2024, categorized by job roles, are detailed below, excluding additional benefits, cash bonuses, stock bonuses, profit-sharing, sales commissions, and tips.

• Senior Associate: SGD 4,000 - SGD 5,000
• Audit Associate: SGD 3,000 - SGD 4,000
• Associate: SGD 3,000 - SGD 4,000
• Assistant Manager: SGD 5,000 - SGD 7,000
• Intern: SGD 800 - SGD 970
• Manager: SGD 7,000 - SGD 9,000
• Senior Audit Associate: SGD 4,000 - SGD 5,000
• Auditor: SGD 4,000 - SGD 5,000
• Audit Manager: SGD 7,000 - SGD 9,000
• Associate Director: SGD 10,000 - SGD 13,000
• Senior Auditor: SGD 4,000 - SGD 5,000
• Audit: SGD 788 - SGD 850
• Tax Associate: SGD 3,000 - SGD 4,000
• Senior Manager: SGD 9,000 - SGD 13,000
• Management: SGD 775 - SGD 800
• Director: SGD 4,000 - SGD 20,000
• Audit Assistant Manager: SGD 5,000 - SGD 6,000

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According to various sources, the Big Four companies typically have minimum qualifications of a bachelor's (BA) or master's (MA) degree, preferably in accounting, finance, or a related field with technical expertise in accounting, auditing, taxation, and relevant software, including ERP systems.

Many individuals become employees through internship programs because, during an internship, you can learn and adapt to the dynamics of the company while honing your skills and knowledge under the guidance of a mentor.

Seeking a pertinent professional qualification such as obtaining the Chartered Accountant (CA) or Certified Public Accountant (CPA) certification can showcase expertise and elevate your professional profile.

Similar to other companies, to join the Big 4, you need to submit application documents such as a CV, cover letter, or portfolio. Later, candidates will be contacted for interviews and various tests, including technical assessments, logic tests, and English language tests.

After learning about the Big 4 companies, are you thinking about working there?

Since the salaries at these firms are pretty similar, it's more important to think about how well you fit in.

If you have job offers from multiple Big 4 firms, take some time to think about which one feels right for you. Consider the people you enjoyed talking to the most and who made you feel comfortable or inspired.

If you want to look for another job in accounting or finance, you can try to use Job Recommendation feature by Epicareer that can match to your experience!

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