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Accounting and Finance Average Salaries in Austria 2024

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


Average Monthly Salary
3,930 EUR
( 47,200 EUR yearly)

LOW
1,580
EUR
AVERAGE
3,930
EUR
HIGH
7,840
EUR
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Accounting and Finance in Austria typically earns around 3,930 EUR. Salaries range from 1,580 EUR (lowest average) to 7,840 EUR (highest average, actual maximum salary is higher).


Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Accounting and Finance domain in Austria exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Accounting and Finance
Account Examiner2,040 EUR
Account Executive3,470 EUR
Accountant2,750 EUR
Accounting Analyst3,550 EUR
Accounting Assistant2,180 EUR
Accounting Associate2,020 EUR
Accounting Clerk1,670 EUR
Accounting Coordinator2,450 EUR
Accounting Head5,490 EUR
Accounting Manager5,640 EUR
Accounting Officer1,970 EUR
Accounting Specialist3,650 EUR
Accounting Supervisor3,960 EUR
Accounting Technician1,920 EUR
Accounting Unit Controller4,440 EUR
Accounts Executive3,450 EUR
Accounts Officer2,140 EUR
Accounts Payable and Receivable Specialist2,890 EUR
Accounts Payable Assistant2,240 EUR
Accounts Payable Associate2,590 EUR
Accounts Payable Clerk2,000 EUR
Accounts Payable Manager5,390 EUR
Accounts Receivable Administrator3,860 EUR
Accounts Receivable Clerk2,060 EUR
Accounts Receivable Financial Analyst3,830 EUR
Accounts Receivable Manager5,460 EUR
Accounts Receivable Team Leader4,060 EUR
Algorithmic Trading Specialist5,000 EUR
Assistant Accountant2,090 EUR
Assistant Accounting Manager5,340 EUR
Assistant Auditor2,640 EUR
Assistant Corporate Controller3,800 EUR
Assistant Finance Manager5,570 EUR
Assistant Financial Controller3,750 EUR
Audit Director6,160 EUR
Audit Supervisor4,980 EUR
Auditing Clerk2,140 EUR
Auditing Manager5,990 EUR
Billing Clerk2,010 EUR
Billing Coordinator2,440 EUR
Billing Specialist2,830 EUR
Billing Supervisor4,160 EUR
Bookkeeper1,820 EUR
Bookkeeping Specialist2,620 EUR
Budget Analyst4,810 EUR
Budget Manager5,840 EUR
Business Support Analyst2,980 EUR
Capital Markets Associate4,230 EUR
Cash Flow Analyst4,330 EUR
Cash Management Manager5,210 EUR
Cash Management Officer3,070 EUR
Cashbook Clerk1,790 EUR
Chartered Accountant3,460 EUR
Chief Accountant4,280 EUR
Chief Financial Technology Officer5,790 EUR
Collections Clerk1,760 EUR
Collections Representative2,370 EUR
Collections Specialist2,680 EUR
Corporate Controller4,560 EUR
Corporate Treasurer5,030 EUR
Cost Accountant2,810 EUR
Cost Accounting Manager5,300 EUR
Cost Accounting Supervisor4,530 EUR
Cost Analyst4,320 EUR
Credit and Collection Manager5,660 EUR
Credit and Collection Staff2,120 EUR
Credit and Loans Officer1,980 EUR
Credit Controller3,920 EUR
Credit Manager5,800 EUR
Debt Adviser4,720 EUR
Debt Collector2,330 EUR
Debtors Clerk1,860 EUR
Debtors Controller1,970 EUR
Deputy CFO7,230 EUR
Deputy Head of Finance7,440 EUR
Derivative Trader4,940 EUR
Director of Finance8,060 EUR
E-commerce Accountant2,830 EUR
Economist6,460 EUR
Equity Analyst4,760 EUR
Escrow Assistant2,520 EUR
Executive Accountant3,030 EUR
External Auditor3,710 EUR
Finance Administrator3,330 EUR
Finance Analyst4,770 EUR
Finance Associate2,510 EUR
Finance Data Analyst4,470 EUR
Finance Director7,820 EUR
Finance Executive5,610 EUR
Finance Licensing Clerk2,060 EUR
Finance Licensing Manager5,010 EUR
Finance Licensing Specialist2,880 EUR
Finance Manager7,530 EUR
Finance Officer2,510 EUR
Finance President7,900 EUR
Finance Relationship Manager6,270 EUR
Finance Release Analyst3,160 EUR
Finance Specialist4,520 EUR
Finance Team Leader 6,130 EUR
Financial Accountant2,640 EUR
Financial Actuary4,400 EUR
Financial Administrator4,760 EUR
Financial Advisor5,020 EUR
Financial Analyst5,130 EUR
Financial Applications Specialist3,370 EUR
Financial Assistant2,200 EUR
Financial Associate2,240 EUR
Financial Associate2,680 EUR
Financial Claims Analyst3,710 EUR
Financial Claims Manager4,980 EUR
Financial Claims Supervisor4,690 EUR
Financial Clerk2,120 EUR
Financial Commercial Analyst4,060 EUR
Financial Compliance Analyst4,400 EUR
Financial Compliance Officer4,440 EUR
Financial Consultant3,630 EUR
Financial Controller4,540 EUR
Financial Controller4,400 EUR
Financial Coordinator2,440 EUR
Financial Customer Service Manager5,160 EUR
Financial Data Scientist5,290 EUR
Financial Dealer and Broker3,040 EUR
Financial Director8,370 EUR
Financial Encoder2,250 EUR
Financial Manager7,330 EUR
Financial Manager8,090 EUR
Financial Modelling Analyst5,180 EUR
Financial Operations Manager7,030 EUR
Financial Policy Analyst4,420 EUR
Financial Project Manager5,500 EUR
Financial Quantitative Analyst4,840 EUR
Financial Reporting Consultant4,140 EUR
Financial Reporting Manager5,450 EUR
Financial Section Head5,500 EUR
Financial Services Manager6,750 EUR
Financial Services Sales Agent2,890 EUR
Financial Technology Consultant4,160 EUR
Financial Wellness Coach5,510 EUR
FinTech Analyst4,690 EUR
Fixed Assets Administrator2,870 EUR
Forensic Accountant3,160 EUR
Fraud Detection Supervisor3,530 EUR
Fraud Prevention Manager5,360 EUR
Fund Accountant2,550 EUR
Grants Coordinator2,080 EUR
Green Finance Analyst4,200 EUR
Group Financial Manager7,990 EUR
Internal Auditor3,590 EUR
Internal Control Adviser4,500 EUR
Internal Control Officer2,290 EUR
International Tax Director6,730 EUR
Inventory Accountant2,730 EUR
Investment Advisor7,240 EUR
Investment Analyst5,420 EUR
Investment Associate4,830 EUR
Investment Broker4,670 EUR
Investment Fund Manager5,890 EUR
Investment Operations Manager6,290 EUR
Investment Underwriter2,280 EUR
Investor3,700 EUR
Investor Relations Manager5,280 EUR
KYC Team Leader5,510 EUR
Loan Processor2,210 EUR
Management Accountant3,140 EUR
Management Economist6,110 EUR
Paymaster2,270 EUR
Payroll Administrator3,550 EUR
Payroll Benefits Coordinator2,930 EUR
Payroll Billing Manager4,920 EUR
Payroll Clerk2,380 EUR
Payroll Manager5,070 EUR
Payroll Officer2,380 EUR
Payroll Specialist2,880 EUR
Payroll Supervisor3,590 EUR
Pensions Administrator2,780 EUR
Personal Financial Advisor4,090 EUR
Pricing Analyst4,600 EUR
Private Equity Analyst4,650 EUR
Project Accountant3,030 EUR
Proposal Development Coordinator2,330 EUR
Quantitative Trader3,970 EUR
Receivables Accountant2,640 EUR
Regulatory Accountant3,110 EUR
Retirement Plan Analyst4,560 EUR
Revenue Management Specialist4,350 EUR
Revenue Recognition Analyst5,150 EUR
Risk Management Director6,460 EUR
Risk Management Supervisor5,390 EUR
Staff Accountant2,750 EUR
Tax Accountant2,570 EUR
Tax Administrator2,900 EUR
Tax Advisor4,150 EUR
Tax Analyst4,210 EUR
Tax Associate2,340 EUR
Tax Consultant4,450 EUR
Tax Director6,550 EUR
Tax Examiner2,910 EUR
Tax Manager5,650 EUR
Tax Research Manager5,730 EUR
Teller1,690 EUR
Treasury Accountant2,880 EUR
Treasury Analyst4,650 EUR
Underwriter1,870 EUR
Underwriting Assistant1,780 EUR
Vice President of Finance7,840 EUR


Accounting and Finance Jobs Pay Scale and Salaries in Austria

Median and salary distribution Austria Accounting and Finance monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
3,960 EUR or more
10% of people earn
3,350 to 3,960 EUR
20% of people earn
2,020 EUR or less
65% of people earn
2,020 to 3,350 EUR
Minimum Salary
1,580 EUR
Median
3,470 EUR
Maximum
7,840 EUR




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Accounting and Finance in Austria range from 1,580 EUR (starting average salary) to 7,840 EUR (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Accounting and Finance is 3,470 EUR, implying that half of the workforce in Austria earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Accounting and Finance in Austria earn less than 2,720 EUR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 4,190 EUR, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Accounting and Finance in Austria. The analysis revealed that roughly 65% of all reported salaries fell within the range of 2,020 EUR to 3,350 EUR. Approximately 20% of salaries were below the 2,020 EUR mark, while 10% ranged from 3,350 EUR to 3,960 EUR. Only 5% of individuals earned a gross salary of 3,960 EUR or higher.

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 in Accounting and Finance in Austria 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.


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.
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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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.

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 degree levels across many jobs in Accounting and Finance in Austria, 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 certificate 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 Austria costs anywhere from 19,000 EUR to 57,000 EUR and lasts approximately two years. That is quite an investment.

Employees can't expect any salary increases during the study period, assuming they 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 to 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 the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.



Salary and Compensation Comparison By Gender / Accounting and Finance / Austria

Salary comparison by gender Austria Accounting and Finance monthly
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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? In the field of Accounting and Finance in Austria, the average difference between the salary of male and female employees is 5%.

Male
4,020 EUR
Female-4%
3,840 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Austria for all Careers

Salary comparison by gender monthly Austria
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Average Annual Salary Increment Percentage / Accounting and Finance / Austria

How much are annual salary increments in Austria for individuals working in Accounting and Finance? How often do employees get salary raises?

Professionals working in Accounting and Finance in Austria are likely to observe a salary increase of approximately 7% every 26 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Austria 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.

Austria / All Professions

Annual Salary Increment Rate Austria
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 Austria is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Accounting and Finance / Austria

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Austria Accounting and Finance
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43% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 57% 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
57%
No Bonus
43%

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.

Hourly Average Wage / Accounting and Finance / Austria


23 EUR per hour

The average hourly wage (pay per hour) in Accounting and Finance in Austria is 23 EUR.This is the rate they get paid for every worked hour.


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

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working in Accounting and Finance in Austria is 9 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Dornbirn3,590 EUR
Graz4,620 EUR
Innsbruck3,960 EUR
Klagenfurt3,890 EUR
Linz4,110 EUR
Salzburg4,030 EUR
St. Polten3,670 EUR
Vienna4,700 EUR
Villach3,810 EUR
Wels3,740 EUR
Wiener Neustadt3,520 EUR

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Austria is 7% on average across all career fields.

Private Sector
3,650 EUR
Public Sector+7%
3,920 EUR
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Accounting and Finance in Austria?

A good and competitive compensation would range anywhere between 3,470 EUR and 4,190 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for jobs in Accounting and Finance in Austria ranges from 1,580 EUR to 2,720 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


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

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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