Home > Salary > Latvia > Director Of Accounting Financial Reporting
The occupation of a Director of Accounting Financial Reporting involves overseeing and managing the financial reporting process within an organization. This role is responsible for ensuring accurate and timely preparation of financial statements, compliance with accounting standards and regulations, and providing financial analysis and insights to support decision-making. The Director of Accounting Financial Reporting collaborates with various departments, such as finance, operations, and legal, to gather and analyze financial data, identify trends, and make recommendations for improvement. They also lead a team of accountants, providing guidance and support in areas such as financial reporting, internal controls, and audit preparation. This position requires strong technical accounting knowledge, excellent analytical skills, attention to detail, and the ability to communicate complex financial information effectively.
Estimated Yearly Salary: 52,566 EUR
Estimated Monthly Salary: 4,381 EUR
Estimated Weekly Salary: 1,011 EUR per week
Estimated Hourly Salary: 25 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 4,218 EUR
Estimated Weekly Salary: 973 EUR per week
Estimated Hourly Salary: 24 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 52,429 USD
Estimated Monthly Salary: 4,369 USD
Estimated Weekly Salary: 1,008 USD per week
Estimated Hourly Salary: 25 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: 52,566 EUR
Estimated Monthly Salary: 4,381 EUR
Estimated Weekly Salary: 1,011 EUR per week
Estimated Hourly Salary: 25 EUR per hour
By working as Director Of Accounting Financial Reporting a person can save up to 3,509 USD per month or 42,109 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 Director Of Accounting Financial Reporting
Last revision of data: 2025-01-04
Data as of 2025
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Director Of Accounting Financial Reporting salary in Latvia
Average Yearly Salary of Director Of Accounting Financial Reporting in Latvia is approximately 52,566 EUR (52,429 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 Director Of Accounting Financial Reporting do?

Skills: Director of Accounting, Financial Reporting, Financial Statements, Accounting Standards, Compliance, Financial Analysis.
Job industry: Accounting
Job industry: Accounting
How much does Director Of Accounting Financial Reporting make?
Salary details
How much does Director Of Accounting Financial Reporting make?Estimated Yearly Salary: 52,566 EUR
Estimated Monthly Salary: 4,381 EUR
Estimated Weekly Salary: 1,011 EUR per week
Estimated Hourly Salary: 25 EUR per hour
Comparing salary to last year:
Estimated Yearly Salary: 50,620 EUREstimated Monthly Salary: 4,218 EUR
Estimated Weekly Salary: 973 EUR per week
Estimated Hourly Salary: 24 EUR per hour
Director Of Accounting Financial Reporting estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 52,429 USD
Estimated Monthly Salary: 4,369 USD
Estimated Weekly Salary: 1,008 USD per week
Estimated Hourly Salary: 25 USD per hour
Difference in salary year over year or average salary increase is approximately
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
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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 Director Of Accounting Financial Reporting job salary compared to average salary in Latvia.
Comparison shows that a person working as Director Of Accounting Financial Reporting in Latvia earns on average:
2.69 times the average salary (or 269% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Accounting Financial Reporting job salary compared to average salary in Latvia.
Comparison shows that a person working as Director Of Accounting Financial Reporting in Latvia earns on average:
2.69 times the average salary (or 269% of average salary).
Is Director Of Accounting Financial Reporting a well paid job?
Yes, our data show that Director Of Accounting Financial Reporting 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 Director Of Accounting Financial Reporting?
High salary for Director Of Accounting Financial Reporting would be somewhere between 57,823 EUR and 76,221 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Of Accounting Financial Reporting 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: 52,566 EUR
Estimated Monthly Salary: 4,381 EUR
Estimated Weekly Salary: 1,011 EUR per week
Estimated Hourly Salary: 25 EUR per hour
By working as Director Of Accounting Financial Reporting a person can save up to 3,509 USD per month or 42,109 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 Director Of Accounting Financial Reporting
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
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6. Urologist
(170,871 EUR per year, pre-tax.)
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(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Random salary:
Senior auditor (21,955 EUR per year, pre-tax.)
Account clerk i (11,014 EUR per year, pre-tax.)
Costume attendant (9,978 EUR per year, pre-tax.)
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Jewelry polisher (12,395 EUR per year, pre-tax.)
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