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Accounting and Finance Average Salaries in Brazil 2024

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


Average Monthly Salary
8,890 BRL
( 107,000 BRL yearly)

LOW
3,570
BRL
AVERAGE
8,890
BRL
HIGH
17,700
BRL
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 Brazil typically earns around 8,890 BRL. Salaries range from 3,570 BRL (lowest average) to 17,700 BRL (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 Brazil 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 Examiner4,600 BRL
Account Executive7,490 BRL
Accountant5,920 BRL
Accounting Analyst7,240 BRL
Accounting Assistant4,770 BRL
Accounting Associate4,550 BRL
Accounting Clerk3,710 BRL
Accounting Coordinator5,520 BRL
Accounting Head11,900 BRL
Accounting Manager12,700 BRL
Accounting Officer4,510 BRL
Accounting Specialist8,490 BRL
Accounting Supervisor8,370 BRL
Accounting Technician4,420 BRL
Accounting Unit Controller10,200 BRL
Accounts Executive7,640 BRL
Accounts Officer4,570 BRL
Accounts Payable and Receivable Specialist5,930 BRL
Accounts Payable Assistant4,690 BRL
Accounts Payable Associate5,370 BRL
Accounts Payable Clerk4,600 BRL
Accounts Payable Manager12,600 BRL
Accounts Receivable Administrator9,150 BRL
Accounts Receivable Clerk4,410 BRL
Accounts Receivable Financial Analyst8,920 BRL
Accounts Receivable Manager11,900 BRL
Accounts Receivable Team Leader8,700 BRL
Algorithmic Trading Specialist10,300 BRL
Assistant Accountant4,870 BRL
Assistant Accounting Manager11,600 BRL
Assistant Auditor6,050 BRL
Assistant Corporate Controller8,490 BRL
Assistant Finance Manager13,300 BRL
Assistant Financial Controller8,240 BRL
Audit Director14,300 BRL
Audit Supervisor10,600 BRL
Auditing Clerk4,570 BRL
Auditing Manager12,400 BRL
Billing Clerk4,770 BRL
Billing Coordinator5,310 BRL
Billing Specialist6,240 BRL
Billing Supervisor8,990 BRL
Bookkeeper3,990 BRL
Bookkeeping Specialist6,030 BRL
Budget Analyst10,700 BRL
Budget Manager12,000 BRL
Business Support Analyst6,820 BRL
Capital Markets Associate9,320 BRL
Cash Flow Analyst9,050 BRL
Cash Management Manager12,200 BRL
Cash Management Officer7,300 BRL
Cashbook Clerk4,290 BRL
Chartered Accountant7,570 BRL
Chief Accountant8,830 BRL
Chief Financial Technology Officer12,100 BRL
Collections Clerk3,810 BRL
Collections Representative5,120 BRL
Collections Specialist6,370 BRL
Corporate Controller9,750 BRL
Corporate Treasurer11,900 BRL
Cost Accountant5,870 BRL
Cost Accounting Manager11,500 BRL
Cost Accounting Supervisor9,880 BRL
Cost Analyst9,560 BRL
Credit and Collection Manager11,600 BRL
Credit and Collection Staff4,540 BRL
Credit and Loans Officer4,460 BRL
Credit Controller8,790 BRL
Credit Manager13,300 BRL
Debt Adviser10,400 BRL
Debt Collector4,740 BRL
Debtors Clerk4,310 BRL
Debtors Controller4,510 BRL
Deputy CFO16,900 BRL
Deputy Head of Finance16,300 BRL
Derivative Trader10,400 BRL
Director of Finance18,800 BRL
E-commerce Accountant6,180 BRL
Economist14,000 BRL
Equity Analyst11,200 BRL
Escrow Assistant5,300 BRL
Executive Accountant6,960 BRL
External Auditor8,580 BRL
Finance Administrator7,370 BRL
Finance Analyst11,100 BRL
Finance Associate5,120 BRL
Finance Data Analyst9,580 BRL
Finance Director17,900 BRL
Finance Executive13,000 BRL
Finance Licensing Clerk4,460 BRL
Finance Licensing Manager12,200 BRL
Finance Licensing Specialist6,430 BRL
Finance Manager17,500 BRL
Finance Officer6,080 BRL
Finance President18,800 BRL
Finance Relationship Manager13,900 BRL
Finance Release Analyst6,950 BRL
Finance Specialist9,630 BRL
Finance Team Leader 13,800 BRL
Financial Accountant6,050 BRL
Financial Actuary9,080 BRL
Financial Administrator9,940 BRL
Financial Advisor10,900 BRL
Financial Analyst11,500 BRL
Financial Applications Specialist7,820 BRL
Financial Assistant4,690 BRL
Financial Associate4,740 BRL
Financial Associate5,910 BRL
Financial Claims Analyst8,260 BRL
Financial Claims Manager11,200 BRL
Financial Claims Supervisor9,730 BRL
Financial Clerk4,490 BRL
Financial Commercial Analyst8,750 BRL
Financial Compliance Analyst9,390 BRL
Financial Compliance Officer9,690 BRL
Financial Consultant7,940 BRL
Financial Controller9,950 BRL
Financial Controller9,560 BRL
Financial Coordinator5,500 BRL
Financial Customer Service Manager10,800 BRL
Financial Data Scientist11,700 BRL
Financial Dealer and Broker6,700 BRL
Financial Director17,200 BRL
Financial Encoder5,150 BRL
Financial Manager16,500 BRL
Financial Manager16,300 BRL
Financial Modelling Analyst10,500 BRL
Financial Operations Manager15,400 BRL
Financial Policy Analyst9,680 BRL
Financial Project Manager12,000 BRL
Financial Quantitative Analyst10,400 BRL
Financial Reporting Consultant8,750 BRL
Financial Reporting Manager11,900 BRL
Financial Section Head11,300 BRL
Financial Services Manager15,400 BRL
Financial Services Sales Agent6,420 BRL
Financial Technology Consultant9,520 BRL
Financial Wellness Coach12,800 BRL
FinTech Analyst10,000 BRL
Fixed Assets Administrator6,310 BRL
Forensic Accountant7,010 BRL
Fraud Detection Supervisor7,540 BRL
Fraud Prevention Manager12,900 BRL
Fund Accountant5,620 BRL
Grants Coordinator4,690 BRL
Green Finance Analyst9,110 BRL
Group Financial Manager18,300 BRL
Internal Auditor8,440 BRL
Internal Control Adviser9,620 BRL
Internal Control Officer5,490 BRL
International Tax Director14,100 BRL
Inventory Accountant6,630 BRL
Investment Advisor16,200 BRL
Investment Analyst12,300 BRL
Investment Associate9,960 BRL
Investment Broker9,760 BRL
Investment Fund Manager13,700 BRL
Investment Operations Manager13,400 BRL
Investment Underwriter5,360 BRL
Investor8,090 BRL
Investor Relations Manager11,700 BRL
KYC Team Leader12,100 BRL
Loan Processor4,820 BRL
Management Accountant6,760 BRL
Management Economist13,600 BRL
Paymaster4,890 BRL
Payroll Administrator8,060 BRL
Payroll Benefits Coordinator6,630 BRL
Payroll Billing Manager11,300 BRL
Payroll Clerk5,490 BRL
Payroll Manager10,700 BRL
Payroll Officer5,540 BRL
Payroll Specialist6,180 BRL
Payroll Supervisor7,720 BRL
Pensions Administrator6,180 BRL
Personal Financial Advisor9,190 BRL
Pricing Analyst9,730 BRL
Private Equity Analyst11,300 BRL
Project Accountant6,630 BRL
Proposal Development Coordinator5,190 BRL
Quantitative Trader8,510 BRL
Receivables Accountant5,710 BRL
Regulatory Accountant6,960 BRL
Retirement Plan Analyst9,750 BRL
Revenue Management Specialist10,400 BRL
Revenue Recognition Analyst11,800 BRL
Risk Management Director14,800 BRL
Risk Management Supervisor12,600 BRL
Staff Accountant5,680 BRL
Tax Accountant5,550 BRL
Tax Administrator6,900 BRL
Tax Advisor9,080 BRL
Tax Analyst9,360 BRL
Tax Associate5,150 BRL
Tax Consultant10,000 BRL
Tax Director13,600 BRL
Tax Examiner6,700 BRL
Tax Manager12,100 BRL
Tax Research Manager12,500 BRL
Teller3,750 BRL
Treasury Accountant6,390 BRL
Treasury Analyst10,100 BRL
Underwriter4,080 BRL
Underwriting Assistant3,950 BRL
Vice President of Finance16,800 BRL


Accounting and Finance Jobs Pay Scale and Salaries in Brazil

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

5% of people earn
9,040 BRL or more
10% of people earn
7,650 to 9,040 BRL
20% of people earn
4,610 BRL or less
65% of people earn
4,610 to 7,650 BRL
Minimum Salary
3,570 BRL
Median
7,930 BRL
Maximum
17,700 BRL




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 Brazil range from 3,570 BRL (starting average salary) to 17,700 BRL (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 7,930 BRL, implying that half of the workforce in Brazil 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 Brazil earn less than 6,210 BRL, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 9,570 BRL, 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 Brazil. The analysis revealed that roughly 65% of all reported salaries fell within the range of 4,610 BRL to 7,650 BRL. Approximately 20% of salaries were below the 4,610 BRL mark, while 10% ranged from 7,650 BRL to 9,040 BRL. Only 5% of individuals earned a gross salary of 9,040 BRL 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 Brazil 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 Brazil, 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 Brazil costs anywhere from 43,000 BRL to 129,000 BRL 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 / Brazil

Salary comparison by gender Brazil 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 Brazil, the average difference between the salary of male and female employees is 10%.

Male
9,380 BRL
Female-9%
8,550 BRL
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Brazil for all Careers

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

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

Professionals working in Accounting and Finance in Brazil are likely to observe a salary increase of approximately 11% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.

Annual Salary Increment Rate Brazil 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.

Brazil / All Professions

Annual Salary Increment Rate Brazil
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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 Brazil is 7%.

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 / Brazil

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Brazil Accounting and Finance
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24% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 76% 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
76%
No Bonus
24%

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 / Brazil


51 BRL per hour

The average hourly wage (pay per hour) in Accounting and Finance in Brazil is 51 BRL.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 Brazil is 21 BRL. 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
Aracaju8,890 BRL
Belem9,620 BRL
Belo Horizonte9,910 BRL
Brasilia10,200 BRL
Campinas9,330 BRL
Cuiaba8,780 BRL
Curitiba9,790 BRL
Fortaleza10,000 BRL
Goiania9,540 BRL
Joao Pessoa8,960 BRL
Londrina8,710 BRL
Macapa8,640 BRL
Maceio9,220 BRL
Manaus9,920 BRL
Maringa8,350 BRL
Natal9,110 BRL
Petrolina and Juazeiro8,130 BRL
Porto Alegre9,370 BRL
Recife9,660 BRL
Rio de Janeiro10,300 BRL
Salvador10,100 BRL
Santos8,360 BRL
Sao Luis9,300 BRL
Sao Paulo10,400 BRL
Teresina9,040 BRL
Vale do Aco8,540 BRL
Vitoria8,160 BRL

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 Brazil is 6% on average across all career fields.

Private Sector
8,360 BRL
Public Sector+6%
8,880 BRL
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 Brazil?

A good and competitive compensation would range anywhere between 7,930 BRL and 9,570 BRL. 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 Brazil ranges from 3,570 BRL to 6,210 BRL. 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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