Cash Management Coordinator salary in Latvia

Average Yearly Salary of Cash Management Coordinator in Latvia is approximately 16,031 EUR (16,040 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 Cash Management Coordinator do?

A cash management coordinator is responsible for overseeing and managing the day-to-day financial operations of an organization. They ensure that all cash flows are accurately recorded, monitored, and reconciled. This includes tracking incoming and outgoing payments, managing bank accounts and cash balances, and preparing cash flow forecasts. They also collaborate with other departments to streamline cash processes, identify areas for improvement, and implement efficient cash management strategies. The role requires strong analytical and problem-solving skills, as well as attention to detail and accuracy. Excellent organizational and time management abilities are essential to meet deadlines and handle multiple tasks simultaneously. Effective communication skills are necessary to liaise with internal and external stakeholders, including banks and financial institutions. Proficiency in financial software and advanced knowledge of Excel are highly desirable.

Skills: Cash Management, Financial Operations, Reconciliation, Cash Flow Forecasting, Financial Analysis, Banking.
Job industry: Finance

How much does Cash Management 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 Cash Management Coordinator a well paid job?

Yes, our data show that Cash Management 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 Cash Management Coordinator?

High salary for Cash Management Coordinator would be somewhere between 17,634 EUR and 23,245 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Cash Management Coordinator 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: 16,031 EUR
Estimated Monthly Salary: 1,336 EUR
Estimated Weekly Salary: 308 EUR per week
Estimated Hourly Salary: 8 EUR per hour
By working as Cash Management Coordinator a person can save up to 477 USD per month or 5,720 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 Cash Management 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 Latvia

Data as of 2025

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