A person working as an Accounting Manager in Austria typically earns around 4,930 EUR per month. Salaries range from 2,660 EUR (lowest) to 7,450 EUR (highest).
This is the average monthly salary including housing, transport, and other benefits. Accounting Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Accounting Manager salaries in Austria range from 2,660 EUR per month (minimum salary) to 7,450 EUR per month (maximum salary).
The median salary is 4,540 EUR per month, which means that half (50%) of people working as Accounting Manager(s) are earning less than 4,540 EUR while the other half are earning more than 4,540 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 Accounting Manager(s) are earning less than 3,240 EUR while 75% of them are earning more than 3,240 EUR. Also from the diagram, 75% of Accounting Manager(s) are earning less than 5,510 EUR while 25% are earning more than 5,510 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 your wage. We broke down Accounting Manager salaries by experience level and this is what we found.
An Accounting Manager with less than two years of experience makes approximately 3,090 EUR per month.
While someone with an experience level between two and five years is expected to earn 3,910 EUR per month, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 5,150 EUR per month, 32% more than someone with two to five years of experience.
Additionally, Accounting Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 6,060 EUR per month, 18% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 6,710 EUR per month, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 7,140 EUR per month, 6% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+26%|
|5 - 10 Years||+32%|
|10 - 15 Years||+18%|
|15 - 20 Years||+11%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Accounting Manager salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of an Accounting Manager is 3,910 EUR per month.
While someone with a Bachelor's Degree gets a salary of 5,150 EUR per month, 32% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 7,060 EUR per month, 37% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Austria costs anywhere from 19,100 Euro(s) to 57,300 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 the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, 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 Accounting Manager employees in Austria earn 4% more than their female counterparts.
Accounting Manager(s) in Austria are likely to observe a salary increase of approximately 9% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 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 Austria 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.
An Accounting Manager is considered to be a high bonus-based job 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.
41% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 59% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 6% to 7% 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 Accounting Manager employees in Austria earn 7% more than their private sector counterparts.
|Average Salary 2016|
|Average Salary 2017||+4%|
|Average Salary 2018||+1%|
|Average Salary 2019||+2%|
Accounting Manager salaries in Austria are on the rise 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 Manager is 33% more than that of Accounting and Finance. Also, Accounting and Finance salaries are 3% less than those of All Jobs.
|Job Title||Average Salary|
|Account Examiner||2,380 EUR||-52%|
|Account Executive||3,660 EUR||-26%|
|Accounting Assistant||2,620 EUR||-47%|
|Accounting Associate||2,670 EUR||-46%|
|Accounting Clerk||1,940 EUR||-61%|
|Accounting Coordinator||2,140 EUR||-57%|
|Accounting Manager||4,930 EUR||-0%|
|Accounting Supervisor||3,810 EUR||-23%|
|Accounting Technician||2,370 EUR||-52%|
|Accounts Executive||3,260 EUR||-34%|
|Accounts Payable and Receivable Specialist||3,160 EUR||-36%|
|Accounts Payable Clerk||1,950 EUR||-60%|
|Accounts Payable Manager||4,010 EUR||-19%|
|Accounts Receivable Clerk||2,160 EUR||-56%|
|Accounts Receivable Manager||4,370 EUR||-11%|
|Assistant Accounting Manager||3,440 EUR||-30%|
|Assistant Auditor||2,770 EUR||-44%|
|Audit Supervisor||5,060 EUR||+3%|
|Auditing Clerk||2,560 EUR||-48%|
|Auditing Manager||5,610 EUR||+14%|
|Billing Coordinator||3,070 EUR||-38%|
|Billing Specialist||2,920 EUR||-41%|
|Billing Supervisor||3,660 EUR||-26%|
|Bookkeeping Specialist||2,710 EUR||-45%|
|Budget Analyst||3,220 EUR||-35%|
|Budget Manager||4,770 EUR||-3%|
|Business Support Analyst||3,370 EUR||-32%|
|Capital Markets Associate||4,120 EUR||-16%|
|Cash Flow Analyst||4,070 EUR||-17%|
|Cash Management Officer||3,550 EUR||-28%|
|Cashbook Clerk||2,320 EUR||-53%|
|Chartered Accountant||3,310 EUR||-33%|
|Collections Clerk||2,070 EUR||-58%|
|Collections Specialist||2,470 EUR||-50%|
|Corporate Treasurer||6,520 EUR||+32%|
|Cost Accountant||3,200 EUR||-35%|
|Cost Accounting Manager||4,020 EUR||-18%|
|Cost Analyst||3,840 EUR||-22%|
|Credit and Collection Manager||4,620 EUR||-6%|
|Credit and Collection Staff||2,210 EUR||-55%|
|Credit and Loans Officer||2,190 EUR||-56%|
|Credit Controller||3,820 EUR||-23%|
|Debt Adviser||4,940 EUR||+0%|
|Debt Collector||3,520 EUR||-29%|
|Debtors Clerk||2,760 EUR||-44%|
|Deputy CFO||6,440 EUR||+31%|
|Derivative Trader||5,640 EUR||+14%|
|Escrow Assistant||3,200 EUR||-35%|
|External Auditor||3,790 EUR||-23%|
|Finance Associate||3,110 EUR||-37%|
|Finance Executive||6,080 EUR||+23%|
|Finance Licensing Clerk||2,530 EUR||-49%|
|Finance Licensing Manager||3,710 EUR||-25%|
|Finance Licensing Specialist||2,970 EUR||-40%|
|Finance Officer||4,170 EUR||-15%|
|Finance President||7,580 EUR||+54%|
|Finance Relationship Manager||5,270 EUR||+7%|
|Finance Release Analyst||3,610 EUR||-27%|
|Finance Team Leader||4,130 EUR||-16%|
|Financial Actuary||4,030 EUR||-18%|
|Financial Administrator||3,460 EUR||-30%|
|Financial Analyst||4,170 EUR||-15%|
|Financial Applications Specialist||2,570 EUR||-48%|
|Financial Assistant||2,360 EUR||-52%|
|Financial Associate||2,900 EUR||-41%|
|Financial Claims Analyst||3,650 EUR||-26%|
|Financial Claims Manager||4,200 EUR||-15%|
|Financial Commercial Analyst||3,440 EUR||-30%|
|Financial Compliance Analyst||3,910 EUR||-21%|
|Financial Consultant||3,600 EUR||-27%|
|Financial Controller||3,670 EUR||-26%|
|Financial Coordinator||3,190 EUR||-35%|
|Financial Customer Service Manager||4,750 EUR||-4%|
|Financial Dealer and Broker||3,520 EUR||-29%|
|Financial Encoder||2,110 EUR||-57%|
|Financial Manager||7,500 EUR||+52%|
|Financial Operations Manager||5,570 EUR||+13%|
|Financial Policy Analyst||3,990 EUR||-19%|
|Financial Project Manager||3,590 EUR||-27%|
|Financial Quantitative Analyst||4,330 EUR||-12%|
|Financial Reporting Consultant||3,960 EUR||-20%|
|Financial Reporting Manager||4,850 EUR||-2%|
|Financial Services Sales Agent||3,330 EUR||-32%|
|Fixed Assets Administrator||3,120 EUR||-37%|
|Forensic Accountant||2,970 EUR||-40%|
|Fraud Detection Supervisor||3,750 EUR||-24%|
|Fraud Prevention Manager||5,250 EUR||+6%|
|Fund Accountant||2,740 EUR||-44%|
|Grants Coordinator||2,520 EUR||-49%|
|Internal Auditor||3,890 EUR||-21%|
|Internal Control Adviser||4,210 EUR||-15%|
|Internal Control Officer||3,250 EUR||-34%|
|Inventory Accountant||5,800 EUR||+18%|
|Investment Analyst||4,950 EUR||+0%|
|Investment Fund Manager||5,010 EUR||+2%|
|Investment Underwriter||2,280 EUR||-54%|
|Investor Relations Manager||4,630 EUR||-6%|
|KYC Team Leader||4,800 EUR||-3%|
|Management Economist||4,120 EUR||-16%|
|Payroll Clerk||2,280 EUR||-54%|
|Payroll Manager||3,930 EUR||-20%|
|Pensions Administrator||2,870 EUR||-42%|
|Pricing Analyst||4,270 EUR||-13%|
|Private Equity Analyst||4,080 EUR||-17%|
|Proposal Development Coordinator||2,820 EUR||-43%|
|Receivables Accountant||2,680 EUR||-46%|
|Regulatory Accountant||3,120 EUR||-37%|
|Retirement Plan Analyst||4,100 EUR||-17%|
|Revenue Management Specialist||3,160 EUR||-36%|
|Revenue Recognition Analyst||5,030 EUR||+2%|
|Risk Management Director||5,960 EUR||+21%|
|Risk Management Supervisor||4,640 EUR||-6%|
|Tax Accountant||2,740 EUR||-44%|
|Tax Advisor||3,750 EUR||-24%|
|Tax Associate||2,980 EUR||-40%|
|Tax Manager||5,640 EUR||+14%|
|Treasury Accountant||2,960 EUR||-40%|
|Treasury Analyst||4,170 EUR||-15%|
|Underwriting Assistant||2,060 EUR||-58%|
|Vice President of Finance||5,780 EUR||+17%|
|St. Polten||4,600 EUR|
|Wiener Neustadt||4,410 EUR|