Senior Staff Accountant salary in Latvia

Average Yearly Salary of Senior Staff Accountant in Latvia is approximately 27,706 EUR (27,644 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 Senior Staff Accountant do?

A senior staff accountant is a professional who plays a crucial role in the financial management of an organization. They are responsible for overseeing and managing financial records, ensuring accuracy and compliance with regulations. Their duties include preparing financial statements, analyzing budgets, reconciling accounts, and providing guidance on financial decisions. Senior staff accountants also collaborate with auditors, tax professionals, and other departments to ensure smooth operations. They may be involved in financial forecasting, budget planning, and identifying areas for cost reduction or revenue enhancement. Strong analytical skills, attention to detail, and knowledge of accounting principles and software are essential for this position. The ability to communicate effectively and work well in a team is also important.

Skills: senior staff accountant, financial management, financial statements, budget analysis, regulatory compliance, financial forecasting
Job industry: Accounting

How much does Senior Staff Accountant make?

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


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Salary comparison to National average

Is Senior Staff Accountant a well paid job?

Yes, our data shows that Senior Staff 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 Senior Staff Accountant?

High salary for Senior Staff Accountant would be somewhere between 30,477 EUR and 40,174 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Staff 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: 27,706 EUR
Estimated Monthly Salary: 2,309 EUR
Estimated Weekly Salary: 533 EUR per week
Estimated Hourly Salary: 13 EUR per hour
By working as Senior Staff Accountant a person can save up to 1,444 USD per month or 17,324 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 Senior Staff Accountant

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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