Home > Salary > Germany > Financial Accounting Manager
A financial accounting manager is responsible for overseeing the financial operations and ensuring accurate and timely recording of transactions within an organization. They supervise a team of accountants, set financial goals, develop accounting procedures, and ensure compliance with financial regulations. The role involves preparing financial statements, conducting audits, analyzing financial data, and providing financial reports to management. Additionally, financial accounting managers collaborate with other departments to streamline processes, manage budgets, and make informed financial decisions. They also play a crucial role in tax planning and ensuring adherence to tax laws. Strong analytical skills, attention to detail, proficiency in accounting software, and knowledge of financial regulations are essential for this role.
Estimated Yearly Salary: 88,229 EUR
Estimated Monthly Salary: 7,352 EUR
Estimated Weekly Salary: 1,697 EUR per week
Estimated Hourly Salary: 42 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,080 EUR
Estimated Weekly Salary: 1,634 EUR per week
Estimated Hourly Salary: 41 EUR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 87,769 USD
Estimated Monthly Salary: 7,314 USD
Estimated Weekly Salary: 1,688 USD per week
Estimated Hourly Salary: 42 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 88,229 EUR
Estimated Monthly Salary: 7,352 EUR
Estimated Weekly Salary: 1,697 EUR per week
Estimated Hourly Salary: 42 EUR per hour
By working as Financial Accounting Manager a person can save up to 5,178 USD per month or 62,142 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Germany, see costs of living in Germany.
Estimated Yearly Salary for Financial Accounting Manager
Last revision of data: 2025-01-04
Data as of 2025
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Financial Accounting Manager salary in Germany
Average Yearly Salary of Financial Accounting Manager in Germany is approximately 88,229 EUR (87,769 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Financial Accounting Manager do?
A financial accounting manager is responsible for overseeing the financial operations and ensuring accurate and timely recording of transactions within an organization. They supervise a team of accountants, set financial goals, develop accounting procedures, and ensure compliance with financial regulations. The role involves preparing financial statements, conducting audits, analyzing financial data, and providing financial reports to management. Additionally, financial accounting managers collaborate with other departments to streamline processes, manage budgets, and make informed financial decisions. They also play a crucial role in tax planning and ensuring adherence to tax laws. Strong analytical skills, attention to detail, proficiency in accounting software, and knowledge of financial regulations are essential for this role.
Skills: Financial Accounting Manager, Financial Operations, Financial Statements, Compliance, Financial Regulations, Tax Planning.
Job industry: Finance
Job industry: Finance
How much does Financial Accounting Manager make?
Salary details
How much does Financial Accounting Manager make?Estimated Yearly Salary: 88,229 EUR
Estimated Monthly Salary: 7,352 EUR
Estimated Weekly Salary: 1,697 EUR per week
Estimated Hourly Salary: 42 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 84,965 EUREstimated Monthly Salary: 7,080 EUR
Estimated Weekly Salary: 1,634 EUR per week
Estimated Hourly Salary: 41 EUR per hour
Last revision of data: 2024-01-07Financial Accounting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 87,769 USD
Estimated Monthly Salary: 7,314 USD
Estimated Weekly Salary: 1,688 USD per week
Estimated Hourly Salary: 42 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Germany, located in Central Europe, is a country known for its rich history, diverse culture, and strong economy. With a population of approximately 83 million people, it is the most populous country in the European Union. Germany covers an area of around 357,022 square kilometers, making it the seventh-largest country in Europe.
Estimated national average yearly salary is 48,585 EUR (53,390 USD). Value indicated is pre-tax. Below graph shows estimated Financial Accounting Manager job salary compared to average salary in Germany.
Comparison shows that a person working as Financial Accounting Manager in Germany earns on average:
1.82 times the average salary (or 182% of average salary).
Estimated national average yearly salary is 48,585 EUR (53,390 USD). Value indicated is pre-tax. Below graph shows estimated Financial Accounting Manager job salary compared to average salary in Germany.
Comparison shows that a person working as Financial Accounting Manager in Germany earns on average:
1.82 times the average salary (or 182% of average salary).
Is Financial Accounting Manager a well paid job?
Yes, our data shows that Financial Accounting Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Financial Accounting Manager?
High salary for Financial Accounting Manager would be somewhere between 97,052 EUR and 127,932 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Accounting Manager in Germany?
Living in Germany the approximate monthly expenses are: 2,136 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 88,229 EUR
Estimated Monthly Salary: 7,352 EUR
Estimated Weekly Salary: 1,697 EUR per week
Estimated Hourly Salary: 42 EUR per hour
By working as Financial Accounting Manager a person can save up to 5,178 USD per month or 62,142 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Germany, see costs of living in Germany.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Belgium, Czech Republic, Denmark, France, Luxembourg, Netherlands, Poland, Switzerland. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Financial Accounting Manager
Austria is 92,817 USD
Belgium is 80,273 USD
Czech Republic is 43,819 USD
Denmark is 120,184 USD
France is 75,545 USD
Luxembourg is 150,226 USD
Netherlands is 94,926 USD
Poland is 30,225 USD
Switzerland is 147,434 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Germany
(555,253 EUR per year, pre-tax.)
2. Cardiologist
(462,849 EUR per year, pre-tax.)
(447,264 EUR per year, pre-tax.)
4. Neurosurgeon
(435,504 EUR per year, pre-tax.)
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(424,882 EUR per year, pre-tax.)
(423,466 EUR per year, pre-tax.)
10. Oncologist
(423,119 EUR per year, pre-tax.)
Data as of 2025Random salary:
Dump operator (24,899 EUR per year, pre-tax.)
Forestry supervisor (57,613 EUR per year, pre-tax.)
Account manager insurance (43,240 EUR per year, pre-tax.)
Dietary cook (26,550 EUR per year, pre-tax.)
Veteran employment representative (50,048 EUR per year, pre-tax.)
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