Manager Of Accounting Financial Reporting salary in Latvia

Average Yearly Salary of Manager Of Accounting Financial Reporting in Latvia is approximately 41,441 EUR (41,347 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 Manager Of Accounting Financial Reporting do?

The Manager of Accounting Financial Reporting is responsible for overseeing the financial reporting activities within an organization. They ensure that all financial statements, including income statements, balance sheets, and cash flow statements, are prepared accurately and in compliance with accounting standards. This role involves managing a team of accountants, reviewing financial data, analyzing financial trends, and providing insights to senior management. The Manager of Accounting Financial Reporting also plays a crucial role in the external audit process, liaising with auditors and ensuring timely completion of audits. Strong knowledge of accounting principles, financial analysis, and reporting standards is essential for this position. Attention to detail, excellent communication skills, and the ability to work under tight deadlines are also key attributes of a successful Manager of Accounting Financial Reporting.

Skills: Manager, Accounting, Financial Reporting, Financial Statements, Compliance, Audit
Job industry: Accounting

How much does Manager Of Accounting Financial Reporting make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Manager Of Accounting Financial Reporting a well paid job?

Yes, our data show that Manager 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 Manager Of Accounting Financial Reporting?

High salary for Manager Of Accounting Financial Reporting would be somewhere between 45,585 EUR and 60,089 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Manager 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: 41,441 EUR
Estimated Monthly Salary: 3,453 EUR
Estimated Weekly Salary: 797 EUR per week
Estimated Hourly Salary: 20 EUR per hour
By working as Manager Of Accounting Financial Reporting a person can save up to 2,586 USD per month or 31,027 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 Manager Of Accounting Financial Reporting

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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