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Fund Accountant Average Salary in Greece 2024

How much money does a person working as Fund Accountant make in Greece?


Average Monthly Salary
1,510 EUR
( 18,100 EUR yearly)

LOW
740
EUR
AVERAGE
1,510
EUR
HIGH
2,350
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 as Fund Accountant in Greece typically earns around 1,510 EUR. Salaries range from 740 EUR (lowest) to 2,350 EUR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Fund Accountant salaries in Greece vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Fund Accountant Pay Scale and Salaries in Greece

Median and salary distribution Greece Fund Accountant monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
1,400 EUR or more
10% of people earn
1,240 to 1,400 EUR
20% of people earn
880 EUR or less
65% of people earn
880 to 1,240 EUR
Minimum Salary
740 EUR
Median
1,410 EUR
Maximum
2,350 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 for the position Fund Accountant in Greece range from 740 EUR (starting salary) to 2,350 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 1,410 EUR, half of the professionals who work as Fund Accountant in Greece earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Fund Accountant in Greece earn less than 1,150 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 1,610 EUR while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Fund Accountant in Greece compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 880 EUR to 1,240 EUR. About 20% of salaries are below the 880 EUR mark, while 10% fall within the range of 1,240 EUR to 1,400 EUR. Only 5% of individuals have salaries exceeding 1,400 EUR.

Salary Comparison by Years of Experience / Fund Accountant / Greece

How do experience and age affect pay?

0 - 2 Years
880 EUR
2 - 5 Years+29%
1,130 EUR
5 - 10 Years+38%
1,560 EUR
10 - 15 Years+24%
1,930 EUR
15 - 20 Years+7%
2,060 EUR
20+ Years+7%
2,200 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Greece Fund Accountant
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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. We broke down salaries by experience level for people working as Fund Accountant and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 880 EUR.

While someone with an experience level between two and five years is expected to earn 1,130 EUR, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 1,560 EUR, 38% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,930 EUR, 24% 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 2,060 EUR, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 2,200 EUR, 7% more than people with fifteen to twenty years of experience.

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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Fund Accountant / Greece

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Fund Accountant.

High School
1,090 EUR
Certificate or Diploma+15%
1,260 EUR
Bachelor's Degree+35%
1,690 EUR
Master's Degree+26%
2,130 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Greece Fund Accountant
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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 salaries by education level for the position Fund Accountant in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 1,090 EUR.


Level 2: Certificate or Diploma

At this level, the average salary becomes 1,260 EUR, 15% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 1,690 EUR, 35% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 2,130 EUR, 26% more than the previous level.



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 Greece costs anywhere from 12,200 EUR to 36,600 EUR 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 to a higher-paying job. The numbers seem to support the theory. 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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Fund Accountant / Greece

Salary comparison by gender Greece Fund Accountant 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? For the people who work as Fund Accountant in Greece, the average difference between the salary of male and female employees is 7%.

Male
1,550 EUR
Female-7%
1,450 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Greece for all Careers

Salary comparison by gender monthly Greece
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Average Annual Salary Increment Percentage / Fund Accountant / Greece

How much are annual salary increments in Greece for individuals working as Fund Accountant? How often do employees get salary raises?

Individuals working as Fund Accountant in Greece are likely to observe a salary increase of approximately 12% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.

Annual Salary Increment Rate Greece Fund Accountant
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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.

Greece / All Professions

Annual Salary Increment Rate Greece
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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 Greece 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 / Fund Accountant / Greece

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Greece Fund Accountant
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45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
55%
No Bonus
45%

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.

Average Hourly Wage / Fund Accountant / Greece


9 EUR per hour

The average hourly wage (pay per hour) for individuals working as Fund Accountant in Greece is 9 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 as Fund Accountant in Greece is 4 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Accounting and Finance-100%
Account Examiner1,270 EUR-16%
Account Executive2,050 EUR+36%
Accountant1,580 EUR+5%
Accounting Analyst2,110 EUR+40%
Accounting Assistant1,220 EUR-19%
Accounting Associate1,230 EUR-18%
Accounting Clerk1,000 EUR-34%
Accounting Coordinator1,530 EUR+1%
Accounting Head3,250 EUR+120%
Accounting Manager3,620 EUR+140%
Accounting Officer1,250 EUR-17%
Accounting Specialist2,250 EUR+49%
Accounting Supervisor2,280 EUR+51%
Accounting Technician1,170 EUR-22%
Accounting Unit Controller2,830 EUR+88%
Accounts Executive2,000 EUR+33%
Accounts Officer1,280 EUR-15%
Accounts Payable and Receivable Specialist1,730 EUR+15%
Accounts Payable Assistant1,340 EUR-11%
Accounts Payable Associate1,530 EUR+1%
Accounts Payable Clerk1,250 EUR-17%
Accounts Payable Manager3,260 EUR+120%
Accounts Receivable Administrator2,380 EUR+58%
Accounts Receivable Clerk1,210 EUR-20%
Accounts Receivable Financial Analyst2,320 EUR+54%
Accounts Receivable Manager3,110 EUR+110%
Accounts Receivable Team Leader2,380 EUR+58%
Algorithmic Trading Specialist2,990 EUR+98%
Assistant Accountant1,260 EUR-17%
Assistant Accounting Manager3,010 EUR+99%
Assistant Auditor1,680 EUR+11%
Assistant Corporate Controller2,340 EUR+55%
Assistant Finance Manager3,370 EUR+120%
Assistant Financial Controller2,160 EUR+43%
Audit Director3,800 EUR+150%
Audit Supervisor2,980 EUR+97%
Auditing Clerk1,280 EUR-15%
Auditing Manager3,520 EUR+130%
Billing Clerk1,240 EUR-18%
Billing Coordinator1,460 EUR-3%
Billing Specialist1,680 EUR+11%
Billing Supervisor2,470 EUR+64%
Bookkeeper1,040 EUR-31%
Bookkeeping Specialist1,600 EUR+6%
Budget Analyst2,970 EUR+97%
Budget Manager3,500 EUR+130%
Business Support Analyst1,900 EUR+26%
Capital Markets Associate2,380 EUR+58%
Cash Flow Analyst2,520 EUR+67%
Cash Management Manager3,250 EUR+120%
Cash Management Officer1,860 EUR+23%
Cashbook Clerk1,090 EUR-28%
Chartered Accountant2,030 EUR+35%
Chief Accountant2,510 EUR+66%
Chief Financial Technology Officer3,460 EUR+130%
Collections Clerk990 EUR-34%
Collections Representative1,400 EUR-7%
Collections Specialist1,660 EUR+10%
Corporate Controller2,600 EUR+72%
Corporate Treasurer3,110 EUR+110%
Cost Accountant1,680 EUR+11%
Cost Accounting Manager3,170 EUR+110%
Cost Accounting Supervisor2,580 EUR+71%
Cost Analyst2,500 EUR+66%
Credit and Collection Manager3,390 EUR+120%
Credit and Collection Staff1,240 EUR-18%
Credit and Loans Officer1,240 EUR-18%
Credit Controller2,370 EUR+57%
Credit Manager3,510 EUR+130%
Debt Adviser2,600 EUR+72%
Debt Collector1,380 EUR-9%
Debtors Clerk1,140 EUR-24%
Debtors Controller1,250 EUR-17%
Deputy CFO4,510 EUR+200%
Deputy Head of Finance4,360 EUR+190%
Derivative Trader2,840 EUR+88%
Director of Finance4,880 EUR+220%
E-commerce Accountant1,660 EUR+10%
Economist3,750 EUR+150%
Equity Analyst2,910 EUR+93%
Escrow Assistant1,480 EUR-2%
Executive Accountant1,890 EUR+25%
External Auditor2,330 EUR+54%
Finance Administrator1,840 EUR+22%
Finance Analyst3,010 EUR+99%
Finance Associate1,490 EUR-1%
Finance Data Analyst2,620 EUR+74%
Finance Director4,970 EUR+230%
Finance Executive3,540 EUR+130%
Finance Licensing Clerk1,160 EUR-23%
Finance Licensing Manager3,030 EUR+100%
Finance Licensing Specialist1,870 EUR+24%
Finance Manager4,650 EUR+210%
Finance Officer1,520 EUR+1%
Finance President4,780 EUR+220%
Finance Relationship Manager3,640 EUR+140%
Finance Release Analyst1,820 EUR+21%
Finance Specialist2,700 EUR+79%
Finance Team Leader 3,820 EUR+150%
Financial Accountant1,680 EUR+11%
Financial Actuary2,590 EUR+72%
Financial Administrator2,770 EUR+84%
Financial Advisor2,920 EUR+94%
Financial Analyst3,100 EUR+110%
Financial Applications Specialist2,080 EUR+38%
Financial Assistant1,320 EUR-13%
Financial Associate1,510 EUR+0%
Financial Claims Analyst2,110 EUR+40%
Financial Claims Manager3,040 EUR+100%
Financial Claims Supervisor2,780 EUR+84%
Financial Clerk1,260 EUR-17%
Financial Commercial Analyst2,340 EUR+55%
Financial Compliance Analyst2,630 EUR+74%
Financial Compliance Officer2,530 EUR+68%
Financial Consultant2,130 EUR+41%
Financial Controller2,540 EUR+68%
Financial Coordinator1,560 EUR+3%
Financial Customer Service Manager3,030 EUR+100%
Financial Data Scientist2,920 EUR+94%
Financial Dealer and Broker1,710 EUR+13%
Financial Director5,010 EUR+230%
Financial Encoder1,430 EUR-5%
Financial Manager4,800 EUR+220%
Financial Modelling Analyst3,070 EUR+100%
Financial Operations Manager4,040 EUR+170%
Financial Policy Analyst2,470 EUR+64%
Financial Project Manager3,290 EUR+120%
Financial Quantitative Analyst2,780 EUR+84%
Financial Reporting Consultant2,390 EUR+58%
Financial Reporting Manager3,040 EUR+100%
Financial Section Head3,230 EUR+110%
Financial Services Manager4,290 EUR+180%
Financial Services Sales Agent1,730 EUR+15%
Financial Technology Consultant2,650 EUR+76%
Financial Wellness Coach3,400 EUR+130%
FinTech Analyst2,810 EUR+86%
Fixed Assets Administrator1,650 EUR+9%
Forensic Accountant1,840 EUR+22%
Fraud Detection Supervisor2,010 EUR+33%
Fraud Prevention Manager3,270 EUR+120%
Fund Accountant1,510 EUR+0%
Grants Coordinator1,270 EUR-16%
Green Finance Analyst2,440 EUR+62%
Group Financial Manager4,830 EUR+220%
Internal Auditor2,190 EUR+45%
Internal Control Adviser2,560 EUR+70%
Internal Control Officer1,400 EUR-7%
International Tax Director4,030 EUR+170%
Inventory Accountant1,650 EUR+9%
Investment Advisor4,600 EUR+200%
Investment Analyst3,340 EUR+120%
Investment Associate2,840 EUR+88%
Investment Broker2,790 EUR+85%
Investment Fund Manager3,710 EUR+150%
Investment Operations Manager3,650 EUR+140%
Investment Underwriter1,390 EUR-8%
Investor2,060 EUR+37%
Investor Relations Manager3,160 EUR+110%
KYC Team Leader3,080 EUR+100%
Loan Processor1,320 EUR-13%
Management Accountant1,800 EUR+19%
Management Economist3,660 EUR+140%
Paymaster1,310 EUR-13%
Payroll Administrator2,240 EUR+48%
Payroll Benefits Coordinator1,880 EUR+25%
Payroll Billing Manager3,060 EUR+100%
Payroll Clerk1,460 EUR-3%
Payroll Manager3,000 EUR+99%
Payroll Officer1,440 EUR-5%
Payroll Specialist1,690 EUR+12%
Payroll Supervisor2,060 EUR+37%
Pensions Administrator1,660 EUR+10%
Personal Financial Advisor2,540 EUR+68%
Pricing Analyst2,730 EUR+81%
Private Equity Analyst2,810 EUR+86%
Project Accountant1,690 EUR+12%
Proposal Development Coordinator1,400 EUR-7%
Quantitative Trader2,330 EUR+54%
Receivables Accountant1,490 EUR-1%
Regulatory Accountant1,880 EUR+25%
Retirement Plan Analyst2,600 EUR+72%
Revenue Management Specialist2,660 EUR+76%
Revenue Recognition Analyst3,110 EUR+110%
Risk Management Director4,030 EUR+170%
Risk Management Supervisor3,260 EUR+120%
Staff Accountant1,620 EUR+7%
Tax Accountant1,520 EUR+1%
Tax Administrator1,750 EUR+16%
Tax Advisor2,430 EUR+61%
Tax Analyst2,390 EUR+58%
Tax Associate1,350 EUR-11%
Tax Consultant2,710 EUR+80%
Tax Director3,880 EUR+160%
Tax Examiner1,780 EUR+18%
Tax Manager3,310 EUR+120%
Tax Research Manager3,260 EUR+120%
Teller940 EUR-38%
Treasury Accountant1,720 EUR+14%
Treasury Analyst2,650 EUR+76%
Underwriter1,120 EUR-26%
Underwriting Assistant1,040 EUR-31%
Vice President of Finance4,470 EUR+200%

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 Greece is 6% on average across all career fields.

Private Sector
2,380 EUR
Public Sector+6%
2,530 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 for the job title Fund Accountant in Greece?

A good and competitive compensation would range anywhere between 1,410 EUR and 1,610 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 a careers like Fund Accountant in Greece ranges from 740 EUR to 1,150 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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