A person working in Accounting and Finance in Italy typically earns around 3,560 EUR per month. Salaries range from 1,630 EUR (lowest average) to 7,560 EUR (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||2,340 EUR|
|Account Executive||3,550 EUR|
|Accounting Assistant||2,570 EUR|
|Accounting Associate||2,510 EUR|
|Accounting Clerk||1,890 EUR|
|Accounting Coordinator||2,110 EUR|
|Accounting Manager||4,750 EUR|
|Accounting Supervisor||3,520 EUR|
|Accounting Technician||2,270 EUR|
|Accounts Executive||3,240 EUR|
|Accounts Payable and Receivable Specialist||2,980 EUR|
|Accounts Payable Clerk||1,860 EUR|
|Accounts Payable Manager||3,790 EUR|
|Accounts Receivable Clerk||2,020 EUR|
|Accounts Receivable Manager||4,060 EUR|
|Assistant Accounting Manager||3,090 EUR|
|Assistant Auditor||2,910 EUR|
|Audit Supervisor||4,970 EUR|
|Auditing Clerk||2,510 EUR|
|Auditing Manager||5,320 EUR|
|Billing Coordinator||2,930 EUR|
|Billing Specialist||3,040 EUR|
|Billing Supervisor||3,730 EUR|
|Bookkeeping Specialist||2,600 EUR|
|Budget Analyst||3,220 EUR|
|Budget Manager||4,280 EUR|
|Business Support Analyst||3,550 EUR|
|Capital Markets Associate||3,770 EUR|
|Cash Flow Analyst||3,620 EUR|
|Cash Management Officer||3,430 EUR|
|Cashbook Clerk||2,440 EUR|
|Chartered Accountant||3,170 EUR|
|Collections Clerk||1,960 EUR|
|Collections Specialist||2,500 EUR|
|Corporate Treasurer||6,600 EUR|
|Cost Accountant||2,930 EUR|
|Cost Accounting Manager||4,030 EUR|
|Cost Analyst||3,810 EUR|
|Credit and Collection Manager||4,140 EUR|
|Credit and Collection Staff||2,070 EUR|
|Credit and Loans Officer||2,150 EUR|
|Credit Controller||3,470 EUR|
|Debt Adviser||4,550 EUR|
|Debt Collector||3,220 EUR|
|Debtors Clerk||2,870 EUR|
|Deputy CFO||6,280 EUR|
|Derivative Trader||5,210 EUR|
|Escrow Assistant||3,090 EUR|
|External Auditor||3,930 EUR|
|Finance Associate||2,990 EUR|
|Finance Executive||6,310 EUR|
|Finance Licensing Clerk||2,270 EUR|
|Finance Licensing Manager||3,660 EUR|
|Finance Licensing Specialist||2,890 EUR|
|Finance Officer||4,110 EUR|
|Finance President||7,690 EUR|
|Finance Relationship Manager||4,980 EUR|
|Finance Release Analyst||3,650 EUR|
|Finance Team Leader||4,070 EUR|
|Financial Actuary||3,630 EUR|
|Financial Administrator||3,240 EUR|
|Financial Analyst||3,990 EUR|
|Financial Applications Specialist||2,550 EUR|
|Financial Assistant||2,320 EUR|
|Financial Associate||2,750 EUR|
|Financial Claims Analyst||3,460 EUR|
|Financial Claims Manager||3,950 EUR|
|Financial Commercial Analyst||3,400 EUR|
|Financial Compliance Analyst||3,840 EUR|
|Financial Consultant||3,450 EUR|
|Financial Controller||3,570 EUR|
|Financial Coordinator||3,240 EUR|
|Financial Customer Service Manager||4,590 EUR|
|Financial Dealer and Broker||3,400 EUR|
|Financial Encoder||2,110 EUR|
|Financial Manager||7,470 EUR|
|Financial Manager||7,290 EUR|
|Financial Operations Manager||5,350 EUR|
|Financial Policy Analyst||3,720 EUR|
|Financial Project Manager||3,600 EUR|
|Financial Quantitative Analyst||4,080 EUR|
|Financial Reporting Consultant||3,840 EUR|
|Financial Reporting Manager||4,520 EUR|
|Financial Services Sales Agent||3,410 EUR|
|Fixed Assets Administrator||3,000 EUR|
|Forensic Accountant||2,810 EUR|
|Fraud Detection Supervisor||3,590 EUR|
|Fraud Prevention Manager||5,510 EUR|
|Fund Accountant||2,840 EUR|
|Grants Coordinator||2,370 EUR|
|Internal Auditor||4,000 EUR|
|Internal Control Adviser||4,030 EUR|
|Internal Control Officer||3,420 EUR|
|Inventory Accountant||5,710 EUR|
|Investment Analyst||5,050 EUR|
|Investment Fund Manager||4,940 EUR|
|Investment Underwriter||2,230 EUR|
|Investor Relations Manager||4,740 EUR|
|KYC Team Leader||4,700 EUR|
|Management Economist||4,220 EUR|
|Payroll Clerk||2,180 EUR|
|Payroll Manager||3,730 EUR|
|Pensions Administrator||2,940 EUR|
|Pricing Analyst||4,060 EUR|
|Private Equity Analyst||4,230 EUR|
|Proposal Development Coordinator||2,890 EUR|
|Receivables Accountant||2,410 EUR|
|Regulatory Accountant||2,980 EUR|
|Retirement Plan Analyst||3,930 EUR|
|Revenue Management Specialist||3,320 EUR|
|Revenue Recognition Analyst||4,660 EUR|
|Risk Management Director||5,980 EUR|
|Risk Management Supervisor||4,620 EUR|
|Tax Accountant||2,790 EUR|
|Tax Advisor||3,580 EUR|
|Tax Associate||3,010 EUR|
|Tax Manager||5,560 EUR|
|Treasury Accountant||2,880 EUR|
|Treasury Analyst||3,880 EUR|
|Underwriting Assistant||2,050 EUR|
|Vice President of Finance||5,540 EUR|
Accounting and Finance salaries in Italy range from 1,630 EUR per month (minimum average salary) to 7,560 EUR per month (maximum average salary, actual maximum is higher).
The median salary is 3,630 EUR per month, which means that half (50%) of people working in Accounting and Finance are earning less than 3,630 EUR while the other half are earning more than 3,630 EUR. 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 2,370 EUR while 75% of them are earning more than 2,370 EUR. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 5,710 EUR while 25% are earning more than 5,710 EUR.
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 Italy costs anywhere from 18,400 Euro(s) to 55,200 Euro(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 earn 7% more than their female counterparts.
Where can you get paid more, working for a private company or for the government? Public sector employees in Italy earn 5% more than their private sector counterparts.
|Average Salary 2016|
|Average Salary 2017||+4%|
|Average Salary 2018||+3%|
|Average Salary 2019||+2%|
Accounting and Finance salaries in Italy are rising in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.
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 3% less than that of All Jobs.