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Accounting and Finance Average Salaries in Argentina 2020

How much money does a person working in Accounting and Finance make in Argentina?


Average Monthly Salary
45,900 ARS
( 550,000 ARS yearly)

LOW
18,800
ARS
AVERAGE
45,900
ARS
HIGH
93,400
ARS

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.

Salaries for specific jobs

Job TitleAverage Salary
Account Examiner23,800 ARS
Account Executive42,800 ARS
Accountant33,200 ARS
Accounting Assistant26,200 ARS
Accounting Associate24,000 ARS
Accounting Clerk20,000 ARS
Accounting Coordinator28,500 ARS
Accounting Manager67,200 ARS
Accounting Supervisor46,900 ARS
Accounting Technician23,300 ARS
Accounts Executive40,300 ARS
Accounts Payable and Receivable Specialist31,900 ARS
Accounts Payable Clerk23,800 ARS
Accounts Payable Manager63,800 ARS
Accounts Receivable Clerk24,300 ARS
Accounts Receivable Manager64,100 ARS
Assistant Accounting Manager59,800 ARS
Assistant Auditor33,900 ARS
Audit Supervisor57,200 ARS
Auditing Clerk24,600 ARS
Auditing Manager67,900 ARS
Billing Coordinator28,600 ARS
Billing Specialist35,700 ARS
Billing Supervisor51,400 ARS
Bookkeeper22,400 ARS
Bookkeeping Specialist31,800 ARS
Budget Analyst59,000 ARS
Budget Manager64,500 ARS
Business Support Analyst38,200 ARS
Capital Markets Associate48,200 ARS
Cash Flow Analyst47,700 ARS
Cash Management Officer37,000 ARS
Cashbook Clerk22,600 ARS
Chartered Accountant41,600 ARS
Collections Clerk19,700 ARS
Collections Specialist34,900 ARS
Corporate Treasurer65,500 ARS
Cost Accountant31,600 ARS
Cost Accounting Manager62,200 ARS
Cost Analyst50,400 ARS
Credit and Collection Manager62,500 ARS
Credit and Collection Staff24,900 ARS
Credit and Loans Officer23,100 ARS
Credit Controller44,600 ARS
Debt Adviser55,100 ARS
Debt Collector27,100 ARS
Debtors Clerk23,700 ARS
Deputy CFO87,600 ARS
Derivative Trader58,400 ARS
Escrow Assistant29,100 ARS
External Auditor46,200 ARS
Finance Associate29,300 ARS
Finance Executive70,000 ARS
Finance Licensing Clerk23,100 ARS
Finance Licensing Manager61,700 ARS
Finance Licensing Specialist35,300 ARS
Finance Officer30,900 ARS
Finance President95,400 ARS
Finance Relationship Manager73,200 ARS
Finance Release Analyst38,900 ARS
Finance Team Leader 71,300 ARS
Financial Actuary49,900 ARS
Financial Administrator52,400 ARS
Financial Analyst58,300 ARS
Financial Applications Specialist43,000 ARS
Financial Assistant25,300 ARS
Financial Associate27,100 ARS
Financial Claims Analyst44,500 ARS
Financial Claims Manager59,400 ARS
Financial Commercial Analyst49,000 ARS
Financial Compliance Analyst50,500 ARS
Financial Consultant43,700 ARS
Financial Controller50,400 ARS
Financial Coordinator29,000 ARS
Financial Customer Service Manager59,600 ARS
Financial Dealer and Broker34,600 ARS
Financial Encoder28,800 ARS
Financial Manager94,200 ARS
Financial Manager87,800 ARS
Financial Operations Manager86,500 ARS
Financial Policy Analyst53,100 ARS
Financial Project Manager64,500 ARS
Financial Quantitative Analyst58,400 ARS
Financial Reporting Consultant49,000 ARS
Financial Reporting Manager65,500 ARS
Financial Services Sales Agent34,600 ARS
Fixed Assets Administrator35,300 ARS
Forensic Accountant37,000 ARS
Fraud Detection Supervisor40,600 ARS
Fraud Prevention Manager67,900 ARS
Fund Accountant32,100 ARS
Grants Coordinator24,700 ARS
Internal Auditor44,500 ARS
Internal Control Adviser51,800 ARS
Internal Control Officer29,000 ARS
Inventory Accountant33,600 ARS
Investment Analyst67,700 ARS
Investment Fund Manager73,500 ARS
Investment Underwriter28,300 ARS
Investor44,400 ARS
Investor Relations Manager63,200 ARS
KYC Team Leader66,200 ARS
Management Economist73,200 ARS
Paymaster27,400 ARS
Payroll Clerk29,000 ARS
Payroll Manager61,400 ARS
Pensions Administrator33,300 ARS
Pricing Analyst55,700 ARS
Private Equity Analyst57,300 ARS
Proposal Development Coordinator27,900 ARS
Receivables Accountant29,500 ARS
Regulatory Accountant35,300 ARS
Retirement Plan Analyst52,500 ARS
Revenue Management Specialist55,100 ARS
Revenue Recognition Analyst59,700 ARS
Risk Management Director76,700 ARS
Risk Management Supervisor63,800 ARS
Tax Accountant31,800 ARS
Tax Advisor49,900 ARS
Tax Associate28,800 ARS
Tax Manager66,500 ARS
Teller19,800 ARS
Treasury Accountant34,400 ARS
Treasury Analyst54,600 ARS
Underwriter21,900 ARS
Underwriting Assistant20,800 ARS
Vice President of Finance90,300 ARS

Accounting and Finance Jobs Salary Distribution in Argentina

Median and salary distribution monthly Argentina Accounting and Finance
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The median, the maximum, the minimum, and the range

  • Salary Range

    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).

  • Median Salary

    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.

  • Percentiles

    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.


What is the difference between the median and the average salary?

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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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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.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

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.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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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.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

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.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

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.

Accounting and Finance Salary Comparison By Gender

Salary comparison by gender monthly Argentina Accounting and Finance
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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.

Female
43,400 ARS
Male+12%
48,500 ARS
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Argentina for all Careers

Salary comparison by gender monthly Argentina
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Accounting and Finance Average Annual Salary Increment Percentage in Argentina

How much are annual salary increments in Argentina for Accounting and Finance professionals? How often do employees get salary raises?

Accounting and Finance

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.

Annual Salary Increment Rate Argentina Accounting and Finance
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Argentina / All Professions

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.

How to calculate the salary increment percentage?

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

The average salary increase in one year (12 months) in Argentina is 6%.

Annual Increment Rate By Industry 2019

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

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.


Worldwide Salary Raises: All Countries and All Jobs

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Accounting and Finance Bonus and Incentive Rates in Argentina

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Argentina Accounting and Finance
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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.

Received Bonus
75%
No Bonus
25%

Types of Bonuses Considered

Individual Performance-Based Bonuses

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.

Bonuses Are Not Commissions!

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.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Argentina
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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.

Private Sector
43,600 ARS
Public Sector+7%
46,400 ARS
Percentage increase and decrease are relative to the previous value

Accounting and Finance Hourly Average Wage in Argentina


260 ARS per hour

The average hourly wage (pay per hour) in Argentina is 260 ARS. This means that the average person in Argentina earns approximately 260 ARS for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Accounting and Finance VS Other Jobs

Salary Comparison Between Accounting and Finance and Accounting and Finance monthly Argentina
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The average salary for Accounting and Finance is 2% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Avellaneda46,300 ARS
Bahia Blanca49,200 ARS
Buenos Aires52,800 ARS
Cordoba52,400 ARS
Corrientes49,600 ARS
La Plata51,600 ARS
Lanus46,900 ARS
Mar del Plata51,200 ARS
Mendoza45,300 ARS
Neuquen47,600 ARS
Quilmes47,300 ARS
Resistencia48,500 ARS
Rosario52,000 ARS
Salta50,300 ARS
San Juan45,100 ARS
San Miguel de Tucuman50,700 ARS
Santa Fe49,900 ARS
Santiago del Estero48,100 ARS
21508 - 32

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