Home > Salary > Latvia > Accounts Payable Director
The occupation of an Accounts Payable Director involves overseeing and managing the accounts payable department within an organization. They are responsible for ensuring accurate and timely payment of invoices, maintaining vendor relationships, and implementing efficient processes and controls. The Accounts Payable Director works closely with other departments such as finance, procurement, and operations to ensure smooth functioning of the payables function. They also analyze financial data, prepare reports, and provide recommendations to improve cash flow management and optimize working capital.
Estimated Yearly Salary: 42,584 EUR
Estimated Monthly Salary: 3,549 EUR
Estimated Weekly Salary: 819 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,418 EUR
Estimated Weekly Salary: 789 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 42,598 USD
Estimated Monthly Salary: 3,550 USD
Estimated Weekly Salary: 819 USD per week
Estimated Hourly Salary: 20 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: 42,584 EUR
Estimated Monthly Salary: 3,549 EUR
Estimated Weekly Salary: 819 EUR per week
Estimated Hourly Salary: 20 EUR per hour
By working as Accounts Payable Director a person can save up to 2,690 USD per month or 32,278 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 Latvia, see costs of living in Latvia.
Estimated Yearly Salary for Accounts Payable Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Limousine driver (11,952 EUR per year, pre-tax.)
Account receivable assistant (14,530 EUR per year, pre-tax.)
Loan interviewer or loan clerk (8,125 EUR per year, pre-tax.)
Occupational therapist registered (22,647 EUR per year, pre-tax.)
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Accounts Payable Director salary in Latvia
Average Yearly Salary of Accounts Payable Director in Latvia is approximately 42,584 EUR (42,598 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 Payable Director do?
The occupation of an Accounts Payable Director involves overseeing and managing the accounts payable department within an organization. They are responsible for ensuring accurate and timely payment of invoices, maintaining vendor relationships, and implementing efficient processes and controls. The Accounts Payable Director works closely with other departments such as finance, procurement, and operations to ensure smooth functioning of the payables function. They also analyze financial data, prepare reports, and provide recommendations to improve cash flow management and optimize working capital.
Skills: Accounts Payable, Director, Finance, Payments, Vendor Management, Process Improvement
Job industry: Finance
Job industry: Finance
How much does Accounts Payable Director make?
Salary details
How much does Accounts Payable Director make?Estimated Yearly Salary: 42,584 EUR
Estimated Monthly Salary: 3,549 EUR
Estimated Weekly Salary: 819 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 41,011 EUREstimated Monthly Salary: 3,418 EUR
Estimated Weekly Salary: 789 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Last revision of data: 2024-01-09Accounts Payable Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 42,598 USD
Estimated Monthly Salary: 3,550 USD
Estimated Weekly Salary: 819 USD per week
Estimated Hourly Salary: 20 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Accounts Payable Director job salary compared to average salary in Latvia.
Comparison shows that a person working as Accounts Payable Director in Latvia earns on average:
2.18 times the average salary (or 218% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Accounts Payable Director job salary compared to average salary in Latvia.
Comparison shows that a person working as Accounts Payable Director in Latvia earns on average:
2.18 times the average salary (or 218% of average salary).
Is Accounts Payable Director a well paid job?
Yes, our data show that Accounts Payable Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Accounts Payable Director?
High salary for Accounts Payable Director would be somewhere between 46,842 EUR and 61,747 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Accounts Payable Director in Latvia?
Living in Latvia the approximate monthly expenses are: 860 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: 42,584 EUR
Estimated Monthly Salary: 3,549 EUR
Estimated Weekly Salary: 819 EUR per week
Estimated Hourly Salary: 20 EUR per hour
By working as Accounts Payable Director a person can save up to 2,690 USD per month or 32,278 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 Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. 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 Payable Director
Estonia is 54,465 USD
Russia is 25,405 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 Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Limousine driver (11,952 EUR per year, pre-tax.)
Account receivable assistant (14,530 EUR per year, pre-tax.)
Loan interviewer or loan clerk (8,125 EUR per year, pre-tax.)
Occupational therapist registered (22,647 EUR per year, pre-tax.)
Web production director (41,011 EUR per year, pre-tax.)
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