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Accountant Average Salary in Italy 2020

How much money does an Accountant make in Italy?


Average Monthly Salary
2,660 EUR
( 31,900 EUR yearly)

LOWEST
1,250
EUR
AVERAGE
2,660
EUR
HIGHEST
3,940
EUR

A person working as an Accountant in Italy typically earns around 2,660 EUR per month. Salaries range from 1,250 EUR (lowest) to 3,940 EUR (highest).

This is the average monthly salary including housing, transport, and other benefits. Accountant salaries may differ drasticlty based on experience, skills, gender, or location. Below you will find detailed breakdown based on many different criteria.

Accountant Salary Distribution in Italy

Median and salary distribution monthly Italy Accountant

The median, the maximum, the minimum, and the range

  • Salary Range

    Accountant salaries in Italy range between 1,250 EUR per month (minimum salary) to 3,940 EUR per month (maximum salary).

  • Median Salary

    The median salary is 2,610 EUR per month, which means that half (50%) of people working as Accountant are earning less than 2,610 EUR while the other half are earning more than 2,610 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.

  • 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 as Accountant are earning less than 1,740 EUR while 75% of them are earning more than 1,740 EUR. Also from the diagram, 75% of people working as Accountant are earning less than 3,140 EUR while 25% are earning more than 3,140 EUR.


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 plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Accountant Salary Comparison by Years of Experience

Salary comparison by years of experience monthly Italy Accountant

Experience level is the most important factor in determining your salary. Naturally the more years of experience the higher your wage. We broke down Accountant salaries by experience level. An Accountant with less than two years of experience makes approximatly 1,440 EUR per month. While someone with experience level between two and five years is expected to earn 1,980 EUR per month, 37% more than someone with less than two year's experience. Moving forward, an experience level between five and ten years lands a salary of 2,220 EUR per month, 12% more than a person with two to five years of experience. Additionally, Accountant(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 2,700 EUR per month, 22% more than a person with five to ten years of experience. If the experience level is between fifteen and twenty years, then the expected wage is 3,190 EUR per month, 18% more than a person with ten to fifteen years of experience. Lastly, employees with more than twenty years of professional experience get a salary of 3,680 EUR per month, 16% more than people with fifteen to twenty years of experience.

0 - 2 Years
1,440 EUR
2 - 5 Years+37%
1,980 EUR
5 - 10 Years+12%
2,220 EUR
10 - 15 Years+22%
2,700 EUR
15 - 20 Years+18%
3,190 EUR
20+ Years+16%
3,680 EUR
Percentage increase and decrease are relative to the previous value

Accountant Salary Comparison By Education

Salary comparison by education level monthly Italy Accountant

We all know that higher education equals a bigger salary, but how much more money can a degree add into your income? We broke down Accountant salaries by education level in order to make a comparison. When the education level is Highschool, the average salary of an Accountant is 1,440 EUR per month. While someone with a Certificate or Diploma gets a salary of 1,810 EUR per month, 26% more than someone with Highschool. A Bachelor's Degree gets its holder an average salary of 2,660 EUR per month, 47% more than someone with Certificate or Diploma. Professionals who hold a Master's Degree are rewarded with an average salary of 3,060 EUR per month, 15% more than someone with Bachelor's Degree. Ph.d holders are compensated with wage equivelant to 3,740 EUR per month, 22% more than someone with Master's Degree.

Highschool
1,440 EUR
Certificate or Diploma+26%
1,810 EUR
Bachelor's Degree+47%
2,660 EUR
Master's Degree+15%
3,060 EUR
Ph.d+22%
3,740 EUR
Percentage increase and decrease are relative to the previous value


Accountant Salary Comparison By Gender

Salary comparison by gender monthly Italy AccountantThough gender should not have an effect on pay, in reality it does. So who gets paid more: men or women? Male Accountant employees in Italy earn 7% more than their female counterparts.
Female
2,590 EUR
Male+7%
2,760 EUR
Percentage increase and decrease are relative to the previous value

Public / Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Italy AccountantWhere can you get paid more, working for a private company or for the goverment? Public sector Accountant employees in Italy earn 5% more than their private sector counterparts.
Private Sector
2,600 EUR
Public Sector+5%
2,740 EUR
Percentage increase and decrease are relative to the previous value

Accountant Salary Trend and Forecast in Italy

How are Accountant salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Italy Accountant
Average Salary 2016
2,360 EUR
Average Salary 2017+4%
2,450 EUR
Average Salary 2018+2%
2,500 EUR
Average Salary 2019+3%
2,570 EUR
Percentage increase and decrease are relative to the previous value
Accountant salaries in Italy are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2020 are 4% higher than those of 2019. The trend suggests a slow yet continous increase in pay in 2021 and future years. These numbers differ slightly from industry to another.

Accountant Average Hourly Wage in Italy

15 EUR per hour

The average hourly wage (pay per hour) in Italy for Accountant is 15 EUR. This means that the average Accountant in Italy earns approximatly 15 EUR for every worked hour.


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

The hourly wage is the salary paid in one working 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 annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Accountant VS Other Jobs

Salary Comparison Between Accountant and Accounting and Finance monthly ItalyWe compared Italy salaries for Accountant, Accounting and Finance, and All Jobs and we found that Accountant salaries are 25% less than those of Accounting and Finance. We also found out that Accounting and Finance salaries are 3% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Examiner2,340 EUR-12%
Account Executive3,550 EUR+33%
Accountant2,660 EUR=
Accounting Assistant2,570 EUR-3%
Accounting Associate2,510 EUR-6%
Accounting Clerk1,890 EUR-29%
Accounting Coordinator2,110 EUR-21%
Accounting Manager4,750 EUR+79%
Accounting Supervisor3,520 EUR+32%
Accounting Technician2,270 EUR-15%
Accounts Executive3,240 EUR+22%
Accounts Payable and Receivable Specialist2,980 EUR+12%
Accounts Payable Clerk1,860 EUR-30%
Accounts Payable Manager3,790 EUR+42%
Accounts Receivable Clerk2,020 EUR-24%
Accounts Receivable Manager4,060 EUR+53%
Assistant Accounting Manager3,090 EUR+16%
Assistant Auditor2,910 EUR+9%
Audit Supervisor4,970 EUR+87%
Auditing Clerk2,510 EUR-6%
Auditing Manager5,320 EUR+100%
Billing Coordinator2,930 EUR+10%
Billing Specialist3,040 EUR+14%
Billing Supervisor3,730 EUR+40%
Bookkeeper2,070 EUR-22%
Bookkeeping Specialist2,600 EUR-2%
Budget Analyst3,220 EUR+21%
Budget Manager4,280 EUR+61%
Business Support Analyst3,550 EUR+33%
Capital Markets Associate3,770 EUR+42%
Cash Flow Analyst3,620 EUR+36%
Cash Management Officer3,430 EUR+29%
Cashbook Clerk2,440 EUR-8%
Chartered Accountant3,170 EUR+19%
Collections Clerk1,960 EUR-26%
Collections Specialist2,500 EUR-6%
Corporate Treasurer6,600 EUR+150%
Cost Accountant2,930 EUR+10%
Cost Accounting Manager4,030 EUR+52%
Cost Analyst3,810 EUR+43%
Credit and Collection Manager4,140 EUR+56%
Credit and Collection Staff2,070 EUR-22%
Credit and Loans Officer2,150 EUR-19%
Credit Controller3,470 EUR+30%
Debt Adviser4,550 EUR+71%
Debt Collector3,220 EUR+21%
Debtors Clerk2,870 EUR+8%
Deputy CFO6,280 EUR+140%
Derivative Trader5,210 EUR+96%
Escrow Assistant3,090 EUR+16%
External Auditor3,930 EUR+48%
Finance Associate2,990 EUR+12%
Finance Executive6,310 EUR+140%
Finance Licensing Clerk2,270 EUR-15%
Finance Licensing Manager3,660 EUR+38%
Finance Licensing Specialist2,890 EUR+9%
Finance Officer4,110 EUR+55%
Finance President7,690 EUR+190%
Finance Relationship Manager4,980 EUR+87%
Finance Release Analyst3,650 EUR+37%
Finance Team Leader 4,070 EUR+53%
Financial Actuary3,630 EUR+36%
Financial Administrator3,240 EUR+22%
Financial Analyst3,990 EUR+50%
Financial Applications Specialist2,550 EUR-4%
Financial Assistant2,320 EUR-13%
Financial Associate2,750 EUR+3%
Financial Claims Analyst3,460 EUR+30%
Financial Claims Manager3,950 EUR+48%
Financial Commercial Analyst3,400 EUR+28%
Financial Compliance Analyst3,840 EUR+44%
Financial Consultant3,450 EUR+30%
Financial Controller3,570 EUR+34%
Financial Coordinator3,240 EUR+22%
Financial Customer Service Manager4,590 EUR+73%
Financial Dealer and Broker3,400 EUR+28%
Financial Encoder2,110 EUR-21%
Financial Manager7,470 EUR+180%
Financial Operations Manager5,350 EUR+100%
Financial Policy Analyst3,720 EUR+40%
Financial Project Manager3,600 EUR+35%
Financial Quantitative Analyst4,080 EUR+53%
Financial Reporting Consultant3,840 EUR+44%
Financial Reporting Manager4,520 EUR+70%
Financial Services Sales Agent3,410 EUR+28%
Fixed Assets Administrator3,000 EUR+13%
Forensic Accountant2,810 EUR+6%
Fraud Detection Supervisor3,590 EUR+35%
Fraud Prevention Manager5,510 EUR+110%
Fund Accountant2,840 EUR+7%
Grants Coordinator2,370 EUR-11%
Internal Auditor4,000 EUR+50%
Internal Control Adviser4,030 EUR+52%
Internal Control Officer3,420 EUR+29%
Inventory Accountant5,710 EUR+110%
Investment Analyst5,050 EUR+90%
Investment Fund Manager4,940 EUR+86%
Investment Underwriter2,230 EUR-16%
Investor3,540 EUR+33%
Investor Relations Manager4,740 EUR+78%
KYC Team Leader4,700 EUR+77%
Management Economist4,220 EUR+59%
Paymaster2,960 EUR+11%
Payroll Clerk2,180 EUR-18%
Payroll Manager3,730 EUR+40%
Pensions Administrator2,940 EUR+11%
Pricing Analyst4,060 EUR+53%
Private Equity Analyst4,230 EUR+59%
Proposal Development Coordinator2,890 EUR+9%
Receivables Accountant2,410 EUR-9%
Regulatory Accountant2,980 EUR+12%
Retirement Plan Analyst3,930 EUR+48%
Revenue Management Specialist3,320 EUR+25%
Revenue Recognition Analyst4,660 EUR+75%
Risk Management Director5,980 EUR+120%
Risk Management Supervisor4,620 EUR+74%
Tax Accountant2,790 EUR+5%
Tax Advisor3,580 EUR+35%
Tax Associate3,010 EUR+13%
Tax Manager5,560 EUR+110%
Teller1,760 EUR-34%
Treasury Accountant2,880 EUR+8%
Treasury Analyst3,880 EUR+46%
Underwriter2,230 EUR-16%
Underwriting Assistant2,050 EUR-23%
Vice President of Finance5,540 EUR+110%

Salary Comparison By City

CityAverage Salary
Bologna2,490 EUR
Catania2,420 EUR
Genova2,540 EUR
Milano2,770 EUR
Napoli2,710 EUR
Palermo2,600 EUR
Parma2,270 EUR
Rome2,830 EUR
Torino2,660 EUR
Trieste2,350 EUR
1943 - 7

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