Accounts Receivable Coordinator salary in Iceland

Average Yearly Salary of Accounts Receivable Coordinator in Iceland is approximately 7,612,512 ISK (53,288 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 Accounts Receivable Coordinator do?

An accounts receivable coordinator is responsible for managing and coordinating the accounts receivable function within an organization. They are responsible for ensuring accurate and timely invoicing, tracking and collecting payments from customers, and resolving any issues or discrepancies related to accounts receivable. This role involves maintaining customer records, reconciling accounts, and communicating with customers to resolve outstanding payments. The accounts receivable coordinator also works closely with other departments, such as sales and finance, to ensure proper documentation and recording of transactions. Strong attention to detail, excellent organizational skills, and proficiency in accounting software are essential for this role.

Skills: accounts receivable, coordination, invoicing, payment collection, customer relations, financial reconciliation
Job industry: Finance

How much does Accounts Receivable Coordinator make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Accounts Receivable Coordinator a well paid job?

Yes, our data show that Accounts Receivable Coordinator is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Accounts Receivable Coordinator?

High salary for Accounts Receivable Coordinator would be somewhere between 8,373,763 ISK and 11,038,142 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Accounts Receivable Coordinator 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: 7,612,512 ISK
Estimated Monthly Salary: 634,376 ISK
Estimated Weekly Salary: 146,394 ISK per week
Estimated Hourly Salary: 3,660 ISK per hour
By working as Accounts Receivable Coordinator a person can save up to 1,712 USD per month or 20,542 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 Accounts Receivable Coordinator

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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