Ar Administrator salary in Iceland

Average Yearly Salary of Ar Administrator in Iceland is approximately 12,584,451 ISK (87,881 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 Ar Administrator do?

An AR (Accounts Receivable) Administrator is responsible for managing and maintaining the financial records of a company. They are responsible for monitoring and processing incoming payments, generating invoices, and reconciling accounts. Additionally, they handle customer inquiries, resolve payment discrepancies, and ensure timely collection of outstanding debts. The AR Administrator also plays a crucial role in preparing financial reports, analyzing customer creditworthiness, and collaborating with other departments to streamline billing processes. Strong attention to detail, excellent organizational skills, and proficiency in accounting software are essential for this role.

Skills: AR Administrator, Accounts Receivable, Financial Records, Invoicing, Payment Processing, Debt Collection
Job industry: Information technology

How much does Ar Administrator make?

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


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Salary comparison to National average

Is Ar Administrator a well paid job?

Yes, our data shows that Ar Administrator 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 Ar Administrator?

High salary for Ar Administrator would be somewhere between 13,842,896 ISK and 18,247,454 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Ar Administrator 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: 12,584,451 ISK
Estimated Monthly Salary: 1,048,704 ISK
Estimated Weekly Salary: 242,009 ISK per week
Estimated Hourly Salary: 6,050 ISK per hour
By working as Ar Administrator a person can save up to 4,595 USD per month or 55,135 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 Ar Administrator

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.

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Data as of 2025

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