How much money does a person working in Accounting and Finance make in Stockholm?
Average Monthly Salary
51,100 SEK
( 613,000 SEK yearly)
LOW
20,500
SEK
AVERAGE
51,100
SEK
HIGH
102,000
SEK
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 Stockholm typically earns around 51,100 SEK. Salaries range from 20,500 SEK (lowest average) to 102,000 SEK (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 Stockholm 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
Accounting and Finance | |
Account Examiner | 26,500 SEK |
Account Executive | 47,000 SEK |
Accountant | 37,100 SEK |
Accounting Analyst | 42,700 SEK |
|
Accounting Assistant | 29,100 SEK |
Accounting Associate | 25,600 SEK |
Accounting Clerk | 21,900 SEK |
Accounting Coordinator | 31,800 SEK |
Accounting Head | 74,400 SEK |
Accounting Manager | 73,200 SEK |
Accounting Officer | 25,800 SEK |
Accounting Specialist | 47,300 SEK |
Accounting Supervisor | 48,900 SEK |
Accounting Technician | 25,300 SEK |
Accounting Unit Controller | 58,300 SEK |
Accounts Executive | 45,300 SEK |
Accounts Officer | 27,400 SEK |
Accounts Payable and Receivable Specialist | 37,700 SEK |
Accounts Payable Assistant | 30,400 SEK |
Accounts Payable Associate | 32,300 SEK |
Accounts Payable Clerk | 25,700 SEK |
Accounts Payable Manager | 68,200 SEK |
Accounts Receivable Administrator | 54,700 SEK |
Accounts Receivable Clerk | 25,700 SEK |
Accounts Receivable Financial Analyst | 48,400 SEK |
Accounts Receivable Manager | 67,300 SEK |
Accounts Receivable Team Leader | 53,300 SEK |
Algorithmic Trading Specialist | 65,200 SEK |
Assistant Accountant | 27,800 SEK |
Assistant Accounting Manager | 67,200 SEK |
Assistant Auditor | 36,500 SEK |
Assistant Corporate Controller | 47,800 SEK |
Assistant Finance Manager | 73,400 SEK |
Assistant Financial Controller | 47,700 SEK |
Audit Director | 83,900 SEK |
Audit Supervisor | 63,600 SEK |
Auditing Clerk | 27,400 SEK |
Auditing Manager | 72,700 SEK |
Billing Clerk | 28,500 SEK |
Billing Coordinator | 34,100 SEK |
Billing Specialist | 38,000 SEK |
Billing Supervisor | 53,600 SEK |
Bookkeeper | 23,100 SEK |
Bookkeeping Specialist | 34,500 SEK |
Budget Analyst | 60,400 SEK |
Budget Manager | 72,400 SEK |
Business Support Analyst | 41,100 SEK |
Capital Markets Associate | 55,300 SEK |
Cash Flow Analyst | 53,100 SEK |
Cash Management Manager | 69,600 SEK |
Cash Management Officer | 40,500 SEK |
Cashbook Clerk | 24,300 SEK |
Chartered Accountant | 45,000 SEK |
Chief Accountant | 52,000 SEK |
Chief Financial Technology Officer | 78,500 SEK |
Collections Clerk | 23,300 SEK |
Collections Representative | 30,500 SEK |
Collections Specialist | 36,200 SEK |
Corporate Controller | 56,900 SEK |
Corporate Treasurer | 67,800 SEK |
Cost Accountant | 36,200 SEK |
Cost Accounting Manager | 70,600 SEK |
Cost Accounting Supervisor | 58,800 SEK |
Cost Analyst | 56,700 SEK |
Credit and Collection Manager | 70,200 SEK |
Credit and Collection Staff | 26,400 SEK |
Credit and Loans Officer | 25,700 SEK |
Credit Controller | 50,700 SEK |
Credit Manager | 74,200 SEK |
Debt Adviser | 57,400 SEK |
Debt Collector | 28,000 SEK |
Debtors Clerk | 25,300 SEK |
Debtors Controller | 25,800 SEK |
Deputy CFO | 96,500 SEK |
Deputy Head of Finance | 96,700 SEK |
Derivative Trader | 61,000 SEK |
Director of Finance | 107,000 SEK |
E-commerce Accountant | 38,600 SEK |
Economist | 81,400 SEK |
Equity Analyst | 62,100 SEK |
Escrow Assistant | 31,800 SEK |
Executive Accountant | 40,900 SEK |
External Auditor | 49,000 SEK |
Finance Administrator | 42,600 SEK |
Finance Analyst | 66,400 SEK |
Finance Associate | 31,800 SEK |
Finance Data Analyst | 58,800 SEK |
Finance Director | 108,000 SEK |
Finance Executive | 74,300 SEK |
Finance Licensing Clerk | 26,000 SEK |
Finance Licensing Manager | 68,800 SEK |
Finance Licensing Specialist | 39,000 SEK |
Finance Manager | 103,000 SEK |
Finance Officer | 34,400 SEK |
Finance President | 109,000 SEK |
Finance Relationship Manager | 86,500 SEK |
Finance Release Analyst | 40,200 SEK |
Finance Specialist | 60,700 SEK |
Finance Team Leader | 79,400 SEK |
Financial Accountant | 34,700 SEK |
Financial Actuary | 56,200 SEK |
Financial Administrator | 61,300 SEK |
Financial Advisor | 66,600 SEK |
Financial Analyst | 63,000 SEK |
Financial Applications Specialist | 43,600 SEK |
Financial Assistant | 28,100 SEK |
Financial Associate | 29,200 SEK |
Financial Associate | 35,100 SEK |
Financial Claims Analyst | 47,700 SEK |
Financial Claims Manager | 63,100 SEK |
Financial Claims Supervisor | 58,700 SEK |
Financial Clerk | 27,600 SEK |
Financial Commercial Analyst | 54,900 SEK |
Financial Compliance Analyst | 56,200 SEK |
Financial Compliance Officer | 57,700 SEK |
Financial Consultant | 47,200 SEK |
Financial Controller | 60,600 SEK |
Financial Controller | 55,500 SEK |
Financial Coordinator | 33,300 SEK |
Financial Customer Service Manager | 65,200 SEK |
Financial Data Scientist | 67,800 SEK |
Financial Dealer and Broker | 37,800 SEK |
Financial Director | 109,000 SEK |
Financial Encoder | 29,500 SEK |
Financial Manager | 96,600 SEK |
Financial Manager | 97,300 SEK |
Financial Modelling Analyst | 65,500 SEK |
Financial Operations Manager | 94,100 SEK |
Financial Policy Analyst | 56,200 SEK |
Financial Project Manager | 73,200 SEK |
Financial Quantitative Analyst | 62,200 SEK |
Financial Reporting Consultant | 53,800 SEK |
Financial Reporting Manager | 69,200 SEK |
Financial Section Head | 70,300 SEK |
Financial Services Manager | 88,500 SEK |
Financial Services Sales Agent | 40,000 SEK |
Financial Technology Consultant | 57,400 SEK |
Financial Wellness Coach | 75,000 SEK |
FinTech Analyst | 63,000 SEK |
Fixed Assets Administrator | 38,400 SEK |
Forensic Accountant | 43,700 SEK |
Fraud Detection Supervisor | 44,000 SEK |
Fraud Prevention Manager | 72,900 SEK |
Fund Accountant | 34,200 SEK |
Grants Coordinator | 26,300 SEK |
Green Finance Analyst | 52,900 SEK |
Group Financial Manager | 102,000 SEK |
Internal Auditor | 46,900 SEK |
Internal Control Adviser | 56,100 SEK |
Internal Control Officer | 31,100 SEK |
International Tax Director | 86,900 SEK |
Inventory Accountant | 37,500 SEK |
Investment Advisor | 95,900 SEK |
Investment Analyst | 70,800 SEK |
Investment Associate | 61,700 SEK |
Investment Broker | 60,200 SEK |
Investment Fund Manager | 82,100 SEK |
Investment Operations Manager | 80,100 SEK |
Investment Underwriter | 31,300 SEK |
Investor | 46,900 SEK |
Investor Relations Manager | 73,200 SEK |
KYC Team Leader | 73,500 SEK |
Loan Processor | 30,900 SEK |
Management Accountant | 40,300 SEK |
Management Economist | 84,700 SEK |
Paymaster | 30,700 SEK |
Payroll Administrator | 47,500 SEK |
Payroll Benefits Coordinator | 38,100 SEK |
Payroll Billing Manager | 63,000 SEK |
Payroll Clerk | 31,400 SEK |
Payroll Manager | 66,000 SEK |
Payroll Officer | 30,100 SEK |
Payroll Specialist | 36,000 SEK |
Payroll Supervisor | 46,100 SEK |
Pensions Administrator | 38,500 SEK |
Personal Financial Advisor | 55,600 SEK |
Pricing Analyst | 59,900 SEK |
Private Equity Analyst | 67,100 SEK |
Project Accountant | 40,400 SEK |
Proposal Development Coordinator | 32,300 SEK |
Quantitative Trader | 49,600 SEK |
Receivables Accountant | 33,200 SEK |
Regulatory Accountant | 38,200 SEK |
Retirement Plan Analyst | 56,900 SEK |
Revenue Management Specialist | 59,200 SEK |
Revenue Recognition Analyst | 69,200 SEK |
Risk Management Director | 87,200 SEK |
Risk Management Supervisor | 71,800 SEK |
Staff Accountant | 35,100 SEK |
Tax Accountant | 33,100 SEK |
Tax Administrator | 38,200 SEK |
Tax Advisor | 54,000 SEK |
Tax Analyst | 54,100 SEK |
Tax Associate | 29,800 SEK |
Tax Consultant | 56,400 SEK |
Tax Director | 82,000 SEK |
Tax Examiner | 40,300 SEK |
Tax Manager | 74,200 SEK |
Tax Research Manager | 74,300 SEK |
Teller | 21,700 SEK |
Treasury Accountant | 37,900 SEK |
Treasury Analyst | 57,400 SEK |
Underwriter | 24,900 SEK |
Underwriting Assistant | 23,400 SEK |
Vice President of Finance | 97,800 SEK |
Accounting and Finance Jobs Pay Scale and Salaries in Stockholm
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/sweden/stockholm/accounting-and-finance/median-and-salary-distribution-monthly-stockholm-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
53,500 SEK or more
10% of people earn
45,300 to 53,500 SEK
20% of people earn
27,300 SEK or less
65% of people earn
27,300 to 45,300 SEK
Minimum Salary 20,500 SEK |
Median 47,000 SEK |
Maximum 102,000 SEK |
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 Stockholm range from 20,500 SEK (starting average salary) to 102,000 SEK (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 47,000 SEK, implying that half of the workforce in Stockholm 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 Stockholm earn less than 36,800 SEK, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 56,700 SEK, 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 Stockholm. The analysis revealed that roughly 65% of all reported salaries fell within the range of 27,300 SEK to 45,300 SEK. Approximately 20% of salaries were below the 27,300 SEK mark, while 10% ranged from 45,300 SEK to 53,500 SEK. Only 5% of individuals earned a gross salary of 53,500 SEK or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg 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 Stockholm 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. ”
Salary Comparison By Education
How does the education level affect your salary?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg 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 Stockholm, 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 Sweden costs anywhere from 226,000 SEK to 679,000 SEK 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 / Stockholm
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/sweden/accounting-and-finance/salary-comparison-by-gender-monthly-sweden-accounting-and-finance.jpg 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 Sweden, the average difference between the salary of male and female employees is 5%.
Male | | 47,900 SEK |
Female | -5% | 45,800 SEK |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Sweden for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/sweden/salary-comparison-by-gender-monthly-sweden.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Stockholm
How much are annual salary increments in Stockholm for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in Sweden are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/sweden/accounting-and-finance/annual-salary-increment-rate-sweden-accounting-and-finance.jpg 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.
Sweden / All Professions
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/sweden/annual-salary-increment-rate-sweden.jpg 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 Sweden is 6%.”
Worldwide Salary Raises: All Countries and All Jobs
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg 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 / Sweden
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/sweden/accounting-and-finance/annual-salary-bonus-rate-sweden-accounting-and-finance.jpg
100% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
Received Bonus | | % |
No Bonus | | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
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 / Stockholm
290 SEK
per hour The average hourly wage (pay per hour) in Accounting and Finance in Stockholm is 290 SEK.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 Stockholm is 120 SEK. 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
Goteborg | 47,000 SEK |
Malmo | 42,300 SEK |
Stockholm | 51,100 SEK |
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 Sweden is 5% on average across all career fields.
Private Sector | | 44,200 SEK |
Public Sector | +5% | 46,300 SEK |
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 Stockholm?
A good and competitive compensation would range anywhere between 47,000 SEK and 56,700 SEK. 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 Stockholm ranges from 20,500 SEK to 36,800 SEK. 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