Home > Salary > Latvia > Project Accountant
A project accountant is responsible for managing the financial aspects of specific projects within an organization. They work closely with project managers, providing them with accurate financial information and analysis to support decision-making. Their duties include tracking project expenses, preparing budgets, forecasting costs, analyzing variances, and ensuring compliance with financial regulations.
Additionally, project accountants may assist in contract negotiations, helping to determine the financial implications of proposed agreements. They also play a crucial role in project billing, invoicing clients, and monitoring accounts receivable.
Estimated Yearly Salary: 25,721 EUR
Estimated Monthly Salary: 2,143 EUR
Estimated Weekly Salary: 495 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,070 EUR
Estimated Weekly Salary: 478 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 25,781 USD
Estimated Monthly Salary: 2,148 USD
Estimated Weekly Salary: 496 USD per week
Estimated Hourly Salary: 12 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: 25,721 EUR
Estimated Monthly Salary: 2,143 EUR
Estimated Weekly Salary: 495 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Project Accountant a person can save up to 1,288 USD per month or 15,461 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 Project Accountant
Last revision of data: 2025-01-04
Data as of 2025
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Project Accountant salary in Latvia
Average Yearly Salary of Project Accountant in Latvia is approximately 25,721 EUR (25,781 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 Project Accountant do?
A project accountant is responsible for managing the financial aspects of specific projects within an organization. They work closely with project managers, providing them with accurate financial information and analysis to support decision-making. Their duties include tracking project expenses, preparing budgets, forecasting costs, analyzing variances, and ensuring compliance with financial regulations.
Additionally, project accountants may assist in contract negotiations, helping to determine the financial implications of proposed agreements. They also play a crucial role in project billing, invoicing clients, and monitoring accounts receivable.
Skills: project accountant, financial management, budgeting, cost analysis, compliance, contract negotiation
Job industry: Accounting
Job industry: Accounting
How much does Project Accountant make?
Salary details
How much does Project Accountant make?Estimated Yearly Salary: 25,721 EUR
Estimated Monthly Salary: 2,143 EUR
Estimated Weekly Salary: 495 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 24,841 EUREstimated Monthly Salary: 2,070 EUR
Estimated Weekly Salary: 478 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Last revision of data: 2024-01-03Project Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 25,781 USD
Estimated Monthly Salary: 2,148 USD
Estimated Weekly Salary: 496 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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 Project Accountant job salary compared to average salary in Latvia.
Comparison shows that a person working as Project Accountant in Latvia earns on average:
1.31 times the average salary (or 131% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Project Accountant job salary compared to average salary in Latvia.
Comparison shows that a person working as Project Accountant in Latvia earns on average:
1.31 times the average salary (or 131% of average salary).
Is Project Accountant a well paid job?
Yes, our data shows that Project Accountant 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 Project Accountant?
High salary for Project Accountant would be somewhere between 28,293 EUR and 37,295 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Project Accountant 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: 25,721 EUR
Estimated Monthly Salary: 2,143 EUR
Estimated Weekly Salary: 495 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Project Accountant a person can save up to 1,288 USD per month or 15,461 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 Project Accountant
Estonia is 33,171 USD
Russia is 15,290 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:
Compliance manager it security products (31,463 EUR per year, pre-tax.)
Network administrator (26,186 EUR per year, pre-tax.)
Produce supervisor (10,761 EUR per year, pre-tax.)
Office cashier (5,705 EUR per year, pre-tax.)
Brush painter (13,500 EUR per year, pre-tax.)
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