Managing Partner Accounting Firm salary in Latvia

Average Yearly Salary of Managing Partner Accounting Firm in Latvia is approximately 68,648 EUR (68,903 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 Managing Partner Accounting Firm do?

A managing partner in an accounting firm is responsible for overseeing the overall operations and strategic direction of the firm. They play a crucial role in managing client relationships, supervising staff, and ensuring the delivery of high-quality accounting services. The managing partner is involved in business development activities, such as acquiring new clients, maintaining existing client relationships, and expanding service offerings. They are also responsible for financial management, including budgeting, forecasting, and monitoring the firm's financial performance. Additionally, the managing partner collaborates with other partners to develop and implement firm-wide policies and procedures, ensuring compliance with regulations and industry standards. This occupation requires strong leadership and managerial skills, excellent communication and interpersonal abilities, as well as a deep understanding of accounting principles and practices.

Skills: Managing Partner, Accounting Firm, Leadership, Client Relationships, Business Development, Financial Management
Job industry: Accounting

How much does Managing Partner Accounting Firm make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Managing Partner Accounting Firm a well paid job?

Yes, our data show that Managing Partner Accounting Firm 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 Managing Partner Accounting Firm?

High salary for Managing Partner Accounting Firm would be somewhere between 75,513 EUR and 99,540 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Managing Partner Accounting Firm 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: 68,648 EUR
Estimated Monthly Salary: 5,721 EUR
Estimated Weekly Salary: 1,320 EUR per week
Estimated Hourly Salary: 33 EUR per hour
By working as Managing Partner Accounting Firm a person can save up to 4,882 USD per month or 58,583 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 Managing Partner Accounting Firm

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.

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Data as of 2025

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