Home > Salary > Latvia > Financial Reporting Analyst
A financial reporting analyst is responsible for analyzing and reporting financial data within an organization. They gather and interpret financial information, prepare financial statements, and ensure compliance with accounting standards and regulations. This role involves conducting financial analysis to identify trends and patterns, providing insights and recommendations to management for decision-making purposes. Financial reporting analysts also play a crucial role in the preparation of annual reports, quarterly filings, and other financial disclosures for external stakeholders such as investors, regulators, and auditors. They may collaborate with cross-functional teams, including finance, accounting, and IT, to streamline processes and improve data accuracy and integrity. Strong analytical skills, attention to detail, and knowledge of accounting principles and financial reporting standards are essential for success in this role.
Estimated Yearly Salary: 29,562 EUR
Estimated Monthly Salary: 2,464 EUR
Estimated Weekly Salary: 569 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,383 EUR
Estimated Weekly Salary: 550 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 29,489 USD
Estimated Monthly Salary: 2,457 USD
Estimated Weekly Salary: 567 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 29,562 EUR
Estimated Monthly Salary: 2,464 EUR
Estimated Weekly Salary: 569 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Financial Reporting Analyst a person can save up to 1,597 USD per month or 19,169 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 Financial Reporting Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Financial Reporting Analyst salary in Latvia
Average Yearly Salary of Financial Reporting Analyst in Latvia is approximately 29,562 EUR (29,489 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 Financial Reporting Analyst do?
A financial reporting analyst is responsible for analyzing and reporting financial data within an organization. They gather and interpret financial information, prepare financial statements, and ensure compliance with accounting standards and regulations. This role involves conducting financial analysis to identify trends and patterns, providing insights and recommendations to management for decision-making purposes. Financial reporting analysts also play a crucial role in the preparation of annual reports, quarterly filings, and other financial disclosures for external stakeholders such as investors, regulators, and auditors. They may collaborate with cross-functional teams, including finance, accounting, and IT, to streamline processes and improve data accuracy and integrity. Strong analytical skills, attention to detail, and knowledge of accounting principles and financial reporting standards are essential for success in this role.
Skills: financial reporting, financial analysis, accounting, compliance, data analysis, financial statements
Job industry: Finance
Job industry: Finance
How much does Financial Reporting Analyst make?
Salary details
How much does Financial Reporting Analyst make?Estimated Yearly Salary: 29,562 EUR
Estimated Monthly Salary: 2,464 EUR
Estimated Weekly Salary: 569 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 28,591 EUREstimated Monthly Salary: 2,383 EUR
Estimated Weekly Salary: 550 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Last revision of data: 2024-01-03Financial Reporting Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 29,489 USD
Estimated Monthly Salary: 2,457 USD
Estimated Weekly Salary: 567 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
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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 Financial Reporting Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Financial Reporting Analyst in Latvia earns on average:
1.51 times the average salary (or 151% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Financial Reporting Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Financial Reporting Analyst in Latvia earns on average:
1.51 times the average salary (or 151% of average salary).
Is Financial Reporting Analyst a well paid job?
Yes, our data shows that Financial Reporting Analyst 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 Financial Reporting Analyst?
High salary for Financial Reporting Analyst would be somewhere between 32,518 EUR and 42,865 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Reporting Analyst 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: 29,562 EUR
Estimated Monthly Salary: 2,464 EUR
Estimated Weekly Salary: 569 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Financial Reporting Analyst a person can save up to 1,597 USD per month or 19,169 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 Financial Reporting Analyst
Estonia is 38,071 USD
Russia is 17,675 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:
Finance supervisor (31,896 EUR per year, pre-tax.)
Foundry worker (10,761 EUR per year, pre-tax.)
Police investigator (25,075 EUR per year, pre-tax.)
Loan processor (14,999 EUR per year, pre-tax.)
Key client manager (18,000 EUR per year, pre-tax.)
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