A person working in Accounting and Finance in Argentina typically earns around 45,900 ARS per month. Salaries range from 18,800 ARS (lowest average) to 93,400 ARS (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Accounting and Finance careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
|Job Title||Average Salary|
|Account Examiner||23,800 ARS|
|Account Executive||42,800 ARS|
|Accounting Assistant||26,200 ARS|
|Accounting Associate||24,000 ARS|
|Accounting Clerk||20,000 ARS|
|Accounting Coordinator||28,500 ARS|
|Accounting Manager||67,200 ARS|
|Accounting Supervisor||46,900 ARS|
|Accounting Technician||23,300 ARS|
|Accounts Executive||40,300 ARS|
|Accounts Payable and Receivable Specialist||31,900 ARS|
|Accounts Payable Clerk||23,800 ARS|
|Accounts Payable Manager||63,800 ARS|
|Accounts Receivable Clerk||24,300 ARS|
|Accounts Receivable Manager||64,100 ARS|
|Assistant Accounting Manager||59,800 ARS|
|Assistant Auditor||33,900 ARS|
|Audit Supervisor||57,200 ARS|
|Auditing Clerk||24,600 ARS|
|Auditing Manager||67,900 ARS|
|Billing Coordinator||28,600 ARS|
|Billing Specialist||35,700 ARS|
|Billing Supervisor||51,400 ARS|
|Bookkeeping Specialist||31,800 ARS|
|Budget Analyst||59,000 ARS|
|Budget Manager||64,500 ARS|
|Business Support Analyst||38,200 ARS|
|Capital Markets Associate||48,200 ARS|
|Cash Flow Analyst||47,700 ARS|
|Cash Management Officer||37,000 ARS|
|Cashbook Clerk||22,600 ARS|
|Chartered Accountant||41,600 ARS|
|Collections Clerk||19,700 ARS|
|Collections Specialist||34,900 ARS|
|Corporate Treasurer||65,500 ARS|
|Cost Accountant||31,600 ARS|
|Cost Accounting Manager||62,200 ARS|
|Cost Analyst||50,400 ARS|
|Credit and Collection Manager||62,500 ARS|
|Credit and Collection Staff||24,900 ARS|
|Credit and Loans Officer||23,100 ARS|
|Credit Controller||44,600 ARS|
|Debt Adviser||55,100 ARS|
|Debt Collector||27,100 ARS|
|Debtors Clerk||23,700 ARS|
|Deputy CFO||87,600 ARS|
|Derivative Trader||58,400 ARS|
|Escrow Assistant||29,100 ARS|
|External Auditor||46,200 ARS|
|Finance Associate||29,300 ARS|
|Finance Executive||70,000 ARS|
|Finance Licensing Clerk||23,100 ARS|
|Finance Licensing Manager||61,700 ARS|
|Finance Licensing Specialist||35,300 ARS|
|Finance Officer||30,900 ARS|
|Finance President||95,400 ARS|
|Finance Relationship Manager||73,200 ARS|
|Finance Release Analyst||38,900 ARS|
|Finance Team Leader||71,300 ARS|
|Financial Actuary||49,900 ARS|
|Financial Administrator||52,400 ARS|
|Financial Analyst||58,300 ARS|
|Financial Applications Specialist||43,000 ARS|
|Financial Assistant||25,300 ARS|
|Financial Associate||27,100 ARS|
|Financial Claims Analyst||44,500 ARS|
|Financial Claims Manager||59,400 ARS|
|Financial Commercial Analyst||49,000 ARS|
|Financial Compliance Analyst||50,500 ARS|
|Financial Consultant||43,700 ARS|
|Financial Controller||50,400 ARS|
|Financial Coordinator||29,000 ARS|
|Financial Customer Service Manager||59,600 ARS|
|Financial Dealer and Broker||34,600 ARS|
|Financial Encoder||28,800 ARS|
|Financial Manager||94,200 ARS|
|Financial Manager||87,800 ARS|
|Financial Operations Manager||86,500 ARS|
|Financial Policy Analyst||53,100 ARS|
|Financial Project Manager||64,500 ARS|
|Financial Quantitative Analyst||58,400 ARS|
|Financial Reporting Consultant||49,000 ARS|
|Financial Reporting Manager||65,500 ARS|
|Financial Services Sales Agent||34,600 ARS|
|Fixed Assets Administrator||35,300 ARS|
|Forensic Accountant||37,000 ARS|
|Fraud Detection Supervisor||40,600 ARS|
|Fraud Prevention Manager||67,900 ARS|
|Fund Accountant||32,100 ARS|
|Grants Coordinator||24,700 ARS|
|Internal Auditor||44,500 ARS|
|Internal Control Adviser||51,800 ARS|
|Internal Control Officer||29,000 ARS|
|Inventory Accountant||33,600 ARS|
|Investment Analyst||67,700 ARS|
|Investment Fund Manager||73,500 ARS|
|Investment Underwriter||28,300 ARS|
|Investor Relations Manager||63,200 ARS|
|KYC Team Leader||66,200 ARS|
|Management Economist||73,200 ARS|
|Payroll Clerk||29,000 ARS|
|Payroll Manager||61,400 ARS|
|Pensions Administrator||33,300 ARS|
|Pricing Analyst||55,700 ARS|
|Private Equity Analyst||57,300 ARS|
|Proposal Development Coordinator||27,900 ARS|
|Receivables Accountant||29,500 ARS|
|Regulatory Accountant||35,300 ARS|
|Retirement Plan Analyst||52,500 ARS|
|Revenue Management Specialist||55,100 ARS|
|Revenue Recognition Analyst||59,700 ARS|
|Risk Management Director||76,700 ARS|
|Risk Management Supervisor||63,800 ARS|
|Tax Accountant||31,800 ARS|
|Tax Advisor||49,900 ARS|
|Tax Associate||28,800 ARS|
|Tax Manager||66,500 ARS|
|Treasury Accountant||34,400 ARS|
|Treasury Analyst||54,600 ARS|
|Underwriting Assistant||20,800 ARS|
|Vice President of Finance||90,300 ARS|
Accounting and Finance salaries in Argentina range from 18,800 ARS per month (minimum average salary) to 93,400 ARS per month (maximum average salary, actual maximum is higher).
The median salary is 45,000 ARS per month, which means that half (50%) of people working in Accounting and Finance are earning less than 45,000 ARS while the other half are earning more than 45,000 ARS. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Accounting and Finance are earning less than 28,700 ARS while 75% of them are earning more than 28,700 ARS. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 67,800 ARS while 25% are earning more than 67,800 ARS.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.
Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
A Master's degree program or any post-graduate program in Argentina costs anywhere from 226,000 Argentine Peso(s) to 678,000 Argentine Peso(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Argentina who work in Accounting and Finance earn 12% more than their female counterparts on average.
Accounting and Finance professionals in Argentina are likely to observe a salary increase of approximately 11% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in Argentina for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Accounting and Finance is considered to be a high bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
25% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 75% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Where can you get paid more, working for a private company or for the government? Public sector employees in Argentina earn 7% more than their private sector counterparts on average across all sectors.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The average salary for Accounting and Finance is 2% more than that of All Jobs.
|Bahia Blanca||49,200 ARS|
|Buenos Aires||52,800 ARS|
|La Plata||51,600 ARS|
|Mar del Plata||51,200 ARS|
|San Juan||45,100 ARS|
|San Miguel de Tucuman||50,700 ARS|
|Santa Fe||49,900 ARS|
|Santiago del Estero||48,100 ARS|