How much money does a person working in Accounting and Finance make in Greece?
Average Monthly Salary
2,520 EUR
( 30,300 EUR yearly)
LOW
1,010
EUR
AVERAGE
2,520
EUR
HIGH
5,030
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 Greece typically earns around 2,520 EUR. Salaries range from 1,010 EUR (lowest average) to 5,030 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 Greece 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 | 1,270 EUR |
Account Executive | 2,050 EUR |
Accountant | 1,580 EUR |
Accounting Analyst | 2,110 EUR |
|
Accounting Assistant | 1,220 EUR |
Accounting Associate | 1,230 EUR |
Accounting Clerk | 1,000 EUR |
Accounting Coordinator | 1,530 EUR |
Accounting Head | 3,250 EUR |
Accounting Manager | 3,620 EUR |
Accounting Officer | 1,250 EUR |
Accounting Specialist | 2,250 EUR |
Accounting Supervisor | 2,280 EUR |
Accounting Technician | 1,170 EUR |
Accounting Unit Controller | 2,830 EUR |
Accounts Executive | 2,000 EUR |
Accounts Officer | 1,280 EUR |
Accounts Payable and Receivable Specialist | 1,730 EUR |
Accounts Payable Assistant | 1,340 EUR |
Accounts Payable Associate | 1,530 EUR |
Accounts Payable Clerk | 1,250 EUR |
Accounts Payable Manager | 3,260 EUR |
Accounts Receivable Administrator | 2,380 EUR |
Accounts Receivable Clerk | 1,210 EUR |
Accounts Receivable Financial Analyst | 2,320 EUR |
Accounts Receivable Manager | 3,110 EUR |
Accounts Receivable Team Leader | 2,380 EUR |
Algorithmic Trading Specialist | 2,990 EUR |
Assistant Accountant | 1,260 EUR |
Assistant Accounting Manager | 3,010 EUR |
Assistant Auditor | 1,680 EUR |
Assistant Corporate Controller | 2,340 EUR |
Assistant Finance Manager | 3,370 EUR |
Assistant Financial Controller | 2,160 EUR |
Audit Director | 3,800 EUR |
Audit Supervisor | 2,980 EUR |
Auditing Clerk | 1,280 EUR |
Auditing Manager | 3,520 EUR |
Billing Clerk | 1,240 EUR |
Billing Coordinator | 1,460 EUR |
Billing Specialist | 1,680 EUR |
Billing Supervisor | 2,470 EUR |
Bookkeeper | 1,040 EUR |
Bookkeeping Specialist | 1,600 EUR |
Budget Analyst | 2,970 EUR |
Budget Manager | 3,500 EUR |
Business Support Analyst | 1,900 EUR |
Capital Markets Associate | 2,380 EUR |
Cash Flow Analyst | 2,520 EUR |
Cash Management Manager | 3,250 EUR |
Cash Management Officer | 1,860 EUR |
Cashbook Clerk | 1,090 EUR |
Chartered Accountant | 2,030 EUR |
Chief Accountant | 2,510 EUR |
Chief Financial Technology Officer | 3,460 EUR |
Collections Clerk | 990 EUR |
Collections Representative | 1,400 EUR |
Collections Specialist | 1,660 EUR |
Corporate Controller | 2,600 EUR |
Corporate Treasurer | 3,110 EUR |
Cost Accountant | 1,680 EUR |
Cost Accounting Manager | 3,170 EUR |
Cost Accounting Supervisor | 2,580 EUR |
Cost Analyst | 2,500 EUR |
Credit and Collection Manager | 3,390 EUR |
Credit and Collection Staff | 1,240 EUR |
Credit and Loans Officer | 1,240 EUR |
Credit Controller | 2,370 EUR |
Credit Manager | 3,510 EUR |
Debt Adviser | 2,600 EUR |
Debt Collector | 1,380 EUR |
Debtors Clerk | 1,140 EUR |
Debtors Controller | 1,250 EUR |
Deputy CFO | 4,510 EUR |
Deputy Head of Finance | 4,360 EUR |
Derivative Trader | 2,840 EUR |
Director of Finance | 4,880 EUR |
E-commerce Accountant | 1,660 EUR |
Economist | 3,750 EUR |
Equity Analyst | 2,910 EUR |
Escrow Assistant | 1,480 EUR |
Executive Accountant | 1,890 EUR |
External Auditor | 2,330 EUR |
Finance Administrator | 1,840 EUR |
Finance Analyst | 3,010 EUR |
Finance Associate | 1,490 EUR |
Finance Data Analyst | 2,620 EUR |
Finance Director | 4,970 EUR |
Finance Executive | 3,540 EUR |
Finance Licensing Clerk | 1,160 EUR |
Finance Licensing Manager | 3,030 EUR |
Finance Licensing Specialist | 1,870 EUR |
Finance Manager | 4,650 EUR |
Finance Officer | 1,520 EUR |
Finance President | 4,780 EUR |
Finance Relationship Manager | 3,640 EUR |
Finance Release Analyst | 1,820 EUR |
Finance Specialist | 2,700 EUR |
Finance Team Leader | 3,820 EUR |
Financial Accountant | 1,680 EUR |
Financial Actuary | 2,590 EUR |
Financial Administrator | 2,770 EUR |
Financial Advisor | 2,920 EUR |
Financial Analyst | 3,100 EUR |
Financial Applications Specialist | 2,080 EUR |
Financial Assistant | 1,320 EUR |
Financial Associate | 1,330 EUR |
Financial Associate | 1,510 EUR |
Financial Claims Analyst | 2,110 EUR |
Financial Claims Manager | 3,040 EUR |
Financial Claims Supervisor | 2,780 EUR |
Financial Clerk | 1,260 EUR |
Financial Commercial Analyst | 2,340 EUR |
Financial Compliance Analyst | 2,630 EUR |
Financial Compliance Officer | 2,530 EUR |
Financial Consultant | 2,130 EUR |
Financial Controller | 2,540 EUR |
Financial Controller | 2,560 EUR |
Financial Coordinator | 1,560 EUR |
Financial Customer Service Manager | 3,030 EUR |
Financial Data Scientist | 2,920 EUR |
Financial Dealer and Broker | 1,710 EUR |
Financial Director | 5,010 EUR |
Financial Encoder | 1,430 EUR |
Financial Manager | 4,800 EUR |
Financial Manager | 4,390 EUR |
Financial Modelling Analyst | 3,070 EUR |
Financial Operations Manager | 4,040 EUR |
Financial Policy Analyst | 2,470 EUR |
Financial Project Manager | 3,290 EUR |
Financial Quantitative Analyst | 2,780 EUR |
Financial Reporting Consultant | 2,390 EUR |
Financial Reporting Manager | 3,040 EUR |
Financial Section Head | 3,230 EUR |
Financial Services Manager | 4,290 EUR |
Financial Services Sales Agent | 1,730 EUR |
Financial Technology Consultant | 2,650 EUR |
Financial Wellness Coach | 3,400 EUR |
FinTech Analyst | 2,810 EUR |
Fixed Assets Administrator | 1,650 EUR |
Forensic Accountant | 1,840 EUR |
Fraud Detection Supervisor | 2,010 EUR |
Fraud Prevention Manager | 3,270 EUR |
Fund Accountant | 1,510 EUR |
Grants Coordinator | 1,270 EUR |
Green Finance Analyst | 2,440 EUR |
Group Financial Manager | 4,830 EUR |
Internal Auditor | 2,190 EUR |
Internal Control Adviser | 2,560 EUR |
Internal Control Officer | 1,400 EUR |
International Tax Director | 4,030 EUR |
Inventory Accountant | 1,650 EUR |
Investment Advisor | 4,600 EUR |
Investment Analyst | 3,340 EUR |
Investment Associate | 2,840 EUR |
Investment Broker | 2,790 EUR |
Investment Fund Manager | 3,710 EUR |
Investment Operations Manager | 3,650 EUR |
Investment Underwriter | 1,390 EUR |
Investor | 2,060 EUR |
Investor Relations Manager | 3,160 EUR |
KYC Team Leader | 3,080 EUR |
Loan Processor | 1,320 EUR |
Management Accountant | 1,800 EUR |
Management Economist | 3,660 EUR |
Paymaster | 1,310 EUR |
Payroll Administrator | 2,240 EUR |
Payroll Benefits Coordinator | 1,880 EUR |
Payroll Billing Manager | 3,060 EUR |
Payroll Clerk | 1,460 EUR |
Payroll Manager | 3,000 EUR |
Payroll Officer | 1,440 EUR |
Payroll Specialist | 1,690 EUR |
Payroll Supervisor | 2,060 EUR |
Pensions Administrator | 1,660 EUR |
Personal Financial Advisor | 2,540 EUR |
Pricing Analyst | 2,730 EUR |
Private Equity Analyst | 2,810 EUR |
Project Accountant | 1,690 EUR |
Proposal Development Coordinator | 1,400 EUR |
Quantitative Trader | 2,330 EUR |
Receivables Accountant | 1,490 EUR |
Regulatory Accountant | 1,880 EUR |
Retirement Plan Analyst | 2,600 EUR |
Revenue Management Specialist | 2,660 EUR |
Revenue Recognition Analyst | 3,110 EUR |
Risk Management Director | 4,030 EUR |
Risk Management Supervisor | 3,260 EUR |
Staff Accountant | 1,620 EUR |
Tax Accountant | 1,520 EUR |
Tax Administrator | 1,750 EUR |
Tax Advisor | 2,430 EUR |
Tax Analyst | 2,390 EUR |
Tax Associate | 1,350 EUR |
Tax Consultant | 2,710 EUR |
Tax Director | 3,880 EUR |
Tax Examiner | 1,780 EUR |
Tax Manager | 3,310 EUR |
Tax Research Manager | 3,260 EUR |
Teller | 940 EUR |
Treasury Accountant | 1,720 EUR |
Treasury Analyst | 2,650 EUR |
Underwriter | 1,120 EUR |
Underwriting Assistant | 1,040 EUR |
Vice President of Finance | 4,470 EUR |
Accounting and Finance Jobs Pay Scale and Salaries in Greece
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/greece/accounting-and-finance/median-and-salary-distribution-monthly-greece-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
2,570 EUR or more
10% of people earn
2,170 to 2,570 EUR
20% of people earn
1,310 EUR or less
65% of people earn
1,310 to 2,170 EUR
Minimum Salary 1,010 EUR |
Median 2,250 EUR |
Maximum 5,030 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 Greece range from 1,010 EUR (starting average salary) to 5,030 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 2,250 EUR, implying that half of the workforce in Greece 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 Greece earn less than 1,760 EUR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 2,720 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 Greece. The analysis revealed that roughly 65% of all reported salaries fell within the range of 1,310 EUR to 2,170 EUR. Approximately 20% of salaries were below the 1,310 EUR mark, while 10% ranged from 2,170 EUR to 2,570 EUR. Only 5% of individuals earned a gross salary of 2,570 EUR 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 Greece 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 Greece, 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 Greece costs anywhere from 12,200 EUR to 36,600 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 / Greece
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/greece/accounting-and-finance/salary-comparison-by-gender-monthly-greece-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 Greece, the average difference between the salary of male and female employees is 7%.
Male | | 2,620 EUR |
Female | -7% | 2,450 EUR |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Greece for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/greece/salary-comparison-by-gender-monthly-greece.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Greece
How much are annual salary increments in Greece for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in Greece 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.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/greece/accounting-and-finance/annual-salary-increment-rate-greece-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.
Greece / All Professions
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/greece/annual-salary-increment-rate-greece.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 Greece is 7%.”
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 / Greece
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/greece/accounting-and-finance/annual-salary-bonus-rate-greece-accounting-and-finance.jpg
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 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 / Greece
15 EUR
per hour The average hourly wage (pay per hour) in Accounting and Finance in Greece is 15 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 Greece is 6 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
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 in Accounting and Finance in Greece?
A good and competitive compensation would range anywhere between 2,250 EUR and 2,720 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 Greece ranges from 1,010 EUR to 1,760 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