A person working in Accounting and Finance in Buenos Aires typically earns around 53,600 ARS per month. Salaries range from 21,700 ARS (lowest average) to 108,000 ARS (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Accounting and Finance careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
|Job Title||Average Salary|
|Account Examiner||27,200 ARS|
|Account Executive||47,800 ARS|
|Accounting Assistant||27,600 ARS|
|Accounting Associate||25,700 ARS|
|Accounting Clerk||21,900 ARS|
|Accounting Coordinator||32,700 ARS|
|Accounting Manager||77,400 ARS|
|Accounting Supervisor||49,500 ARS|
|Accounting Technician||24,900 ARS|
|Accounts Executive||44,100 ARS|
|Accounts Payable and Receivable Specialist||37,000 ARS|
|Accounts Payable Clerk||25,900 ARS|
|Accounts Payable Manager||72,700 ARS|
|Accounts Receivable Clerk||26,100 ARS|
|Accounts Receivable Manager||72,200 ARS|
|Assistant Accounting Manager||65,000 ARS|
|Assistant Auditor||37,600 ARS|
|Audit Supervisor||66,200 ARS|
|Auditing Clerk||28,500 ARS|
|Auditing Manager||77,000 ARS|
|Billing Coordinator||31,500 ARS|
|Billing Specialist||37,900 ARS|
|Billing Supervisor||54,600 ARS|
|Bookkeeping Specialist||34,000 ARS|
|Budget Analyst||62,100 ARS|
|Budget Manager||71,000 ARS|
|Business Support Analyst||42,400 ARS|
|Capital Markets Associate||52,500 ARS|
|Cash Flow Analyst||54,900 ARS|
|Cash Management Officer||42,200 ARS|
|Cashbook Clerk||25,400 ARS|
|Chartered Accountant||44,800 ARS|
|Collections Clerk||22,600 ARS|
|Collections Specialist||38,600 ARS|
|Corporate Treasurer||72,400 ARS|
|Cost Accountant||34,700 ARS|
|Cost Accounting Manager||72,000 ARS|
|Cost Analyst||55,200 ARS|
|Credit and Collection Manager||68,800 ARS|
|Credit and Collection Staff||26,900 ARS|
|Credit and Loans Officer||26,400 ARS|
|Credit Controller||50,800 ARS|
|Debt Adviser||58,900 ARS|
|Debt Collector||30,300 ARS|
|Debtors Clerk||24,900 ARS|
|Deputy CFO||95,400 ARS|
|Derivative Trader||61,700 ARS|
|Escrow Assistant||33,000 ARS|
|External Auditor||49,500 ARS|
|Finance Associate||31,100 ARS|
|Finance Executive||75,100 ARS|
|Finance Licensing Clerk||25,100 ARS|
|Finance Licensing Manager||70,300 ARS|
|Finance Licensing Specialist||38,100 ARS|
|Finance Officer||35,200 ARS|
|Finance President||103,000 ARS|
|Finance Relationship Manager||84,300 ARS|
|Finance Release Analyst||43,200 ARS|
|Finance Team Leader||81,700 ARS|
|Financial Actuary||53,800 ARS|
|Financial Administrator||57,400 ARS|
|Financial Analyst||63,200 ARS|
|Financial Applications Specialist||47,500 ARS|
|Financial Assistant||29,300 ARS|
|Financial Associate||30,300 ARS|
|Financial Claims Analyst||50,100 ARS|
|Financial Claims Manager||63,400 ARS|
|Financial Commercial Analyst||54,500 ARS|
|Financial Compliance Analyst||58,500 ARS|
|Financial Consultant||47,100 ARS|
|Financial Controller||55,200 ARS|
|Financial Coordinator||31,800 ARS|
|Financial Customer Service Manager||67,500 ARS|
|Financial Dealer and Broker||39,700 ARS|
|Financial Encoder||30,500 ARS|
|Financial Manager||105,000 ARS|
|Financial Operations Manager||91,500 ARS|
|Financial Policy Analyst||58,700 ARS|
|Financial Project Manager||74,700 ARS|
|Financial Quantitative Analyst||61,700 ARS|
|Financial Reporting Consultant||54,500 ARS|
|Financial Reporting Manager||72,400 ARS|
|Financial Services Sales Agent||40,000 ARS|
|Fixed Assets Administrator||37,400 ARS|
|Forensic Accountant||42,600 ARS|
|Fraud Detection Supervisor||43,500 ARS|
|Fraud Prevention Manager||76,100 ARS|
|Fund Accountant||34,100 ARS|
|Grants Coordinator||26,400 ARS|
|Internal Auditor||50,000 ARS|
|Internal Control Adviser||55,600 ARS|
|Internal Control Officer||32,500 ARS|
|Inventory Accountant||38,300 ARS|
|Investment Analyst||71,300 ARS|
|Investment Fund Manager||82,900 ARS|
|Investment Underwriter||30,200 ARS|
|Investor Relations Manager||73,200 ARS|
|KYC Team Leader||69,700 ARS|
|Management Economist||84,700 ARS|
|Payroll Clerk||30,900 ARS|
|Payroll Manager||68,500 ARS|
|Pensions Administrator||38,500 ARS|
|Pricing Analyst||62,200 ARS|
|Private Equity Analyst||62,000 ARS|
|Proposal Development Coordinator||32,300 ARS|
|Receivables Accountant||32,200 ARS|
|Regulatory Accountant||38,300 ARS|
|Retirement Plan Analyst||56,300 ARS|
|Revenue Management Specialist||61,900 ARS|
|Revenue Recognition Analyst||68,000 ARS|
|Risk Management Director||87,900 ARS|
|Risk Management Supervisor||69,100 ARS|
|Tax Accountant||33,800 ARS|
|Tax Advisor||53,800 ARS|
|Tax Associate||32,000 ARS|
|Tax Manager||75,400 ARS|
|Treasury Accountant||37,900 ARS|
|Treasury Analyst||61,600 ARS|
|Underwriting Assistant||22,800 ARS|
|Vice President of Finance||96,800 ARS|
Accounting and Finance salaries in Buenos Aires range from 21,700 ARS per month (minimum average salary) to 108,000 ARS per month (maximum average salary, actual maximum is higher).
The median salary is 52,500 ARS per month, which means that half (50%) of people working in Accounting and Finance are earning less than 52,500 ARS while the other half are earning more than 52,500 ARS. 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 people working in Accounting and Finance are earning less than 33,400 ARS while 75% of them are earning more than 33,400 ARS. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 78,400 ARS while 25% are earning more than 78,400 ARS.
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 the wage.
Generally speaking, employees 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.
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 degrees levels across many jobs, 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 cerificate 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.
A Master's degree program or any post-graduate program in Argentina costs anywhere from 226,000 Argentine Peso(s) to 677,000 Argentine Peso(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then 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 employees in Argentina who work in Accounting and Finance earn 9% more than their female counterparts on average.
Accounting and Finance professionals in Argentina are likely to observe a salary increase of approximately 11% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 17 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 Argentina for the year 2021. 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.
Accounting and Finance is considered to be a high bonus-based field 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.
25% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 75% 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.
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.
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 and Finance is 3% more than that of All Jobs.
|Bahia Blanca||49,900 ARS|
|Buenos Aires||53,600 ARS|
|La Plata||52,300 ARS|
|Mar del Plata||51,900 ARS|
|San Juan||45,700 ARS|
|San Miguel de Tucuman||51,400 ARS|
|Santa Fe||50,500 ARS|
|Santiago del Estero||48,800 ARS|
Where can you get paid more, working for a private company or for the government? Public sector employees in Argentina earn 7% more than their private sector counterparts on average across all sectors.