Account Receivable Assistant salary in Iceland

Average Yearly Salary of Account Receivable Assistant in Iceland is approximately 6,819,922 ISK (47,764 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 Account Receivable Assistant do?

An accounts receivable assistant is responsible for maintaining accurate records of incoming payments and outstanding debts owed to a company. They work closely with the accounting team to ensure timely collection of payments, resolve any billing discrepancies, and maintain positive relationships with clients. The role involves preparing invoices, sending payment reminders, and reconciling accounts. Account receivable assistants also assist in generating financial reports, analyzing data, and identifying trends to improve cash flow management. Strong attention to detail, excellent organizational skills, and the ability to work under pressure are essential for this role. Effective communication and interpersonal skills are also important as account receivable assistants often interact with clients and internal stakeholders.

Skills: Accounts Receivable, Invoicing, Payment Processing, Financial Reporting, Cash Flow Management, Customer Relations
Job industry: Finance

How much does Account Receivable Assistant make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Account Receivable Assistant a well paid job?

No, our data shows that Account Receivable Assistant is typically not a well-paid job. The salary varies based on experience. Meaning that even though Account Receivable Assistant might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Account Receivable Assistant?

High salary for Account Receivable Assistant would be somewhere between 7,501,914 ISK and 9,888,887 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Account Receivable Assistant in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 6,819,922 ISK
Estimated Monthly Salary: 568,327 ISK
Estimated Weekly Salary: 131,152 ISK per week
Estimated Hourly Salary: 3,279 ISK per hour
By working as Account Receivable Assistant a person can save up to 1,252 USD per month or 15,018 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Account Receivable Assistant

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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