Home > Salary > Luxembourg > Senior Accounting Manager
A senior accounting manager is a key role within the finance department of an organization. This professional is responsible for overseeing and managing all aspects of the accounting function, ensuring accurate financial reporting and compliance with regulations. They are involved in budgeting, forecasting, and financial analysis to support strategic decision-making. Additionally, they supervise a team of accountants, providing guidance and training as needed. The senior accounting manager plays a crucial role in the month-end and year-end closing processes, including the preparation of financial statements and reconciliation of accounts. They also collaborate with other departments to ensure proper documentation and reporting of financial transactions. Strong analytical skills, attention to detail, and knowledge of accounting principles and standards are essential for this role.
Estimated Yearly Salary: 194,134 EUR
Estimated Monthly Salary: 16,178 EUR
Estimated Weekly Salary: 3,733 EUR per week
Estimated Hourly Salary: 93 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,657 EUR
Estimated Weekly Salary: 3,613 EUR per week
Estimated Hourly Salary: 90 EUR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 193,822 USD
Estimated Monthly Salary: 16,152 USD
Estimated Weekly Salary: 3,727 USD per week
Estimated Hourly Salary: 93 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: 194,134 EUR
Estimated Monthly Salary: 16,178 EUR
Estimated Weekly Salary: 3,733 EUR per week
Estimated Hourly Salary: 93 EUR per hour
By working as Senior Accounting Manager a person can save up to 12,504 USD per month or 150,046 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 Luxembourg, see costs of living in Luxembourg.
Estimated Yearly Salary for Senior Accounting Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Senior Accounting Manager salary in Luxembourg
Average Yearly Salary of Senior Accounting Manager in Luxembourg is approximately 194,134 EUR (193,822 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 Accounting Manager do?
A senior accounting manager is a key role within the finance department of an organization. This professional is responsible for overseeing and managing all aspects of the accounting function, ensuring accurate financial reporting and compliance with regulations. They are involved in budgeting, forecasting, and financial analysis to support strategic decision-making. Additionally, they supervise a team of accountants, providing guidance and training as needed. The senior accounting manager plays a crucial role in the month-end and year-end closing processes, including the preparation of financial statements and reconciliation of accounts. They also collaborate with other departments to ensure proper documentation and reporting of financial transactions. Strong analytical skills, attention to detail, and knowledge of accounting principles and standards are essential for this role.
Skills: Senior Accounting Manager, Financial Reporting, Budgeting and Forecasting, Team Management, Financial Analysis, Compliance
Job industry: Accounting
Job industry: Accounting
How much does Senior Accounting Manager make?
Salary details
How much does Senior Accounting Manager make?Estimated Yearly Salary: 194,134 EUR
Estimated Monthly Salary: 16,178 EUR
Estimated Weekly Salary: 3,733 EUR per week
Estimated Hourly Salary: 93 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 187,881 EUREstimated Monthly Salary: 15,657 EUR
Estimated Weekly Salary: 3,613 EUR per week
Estimated Hourly Salary: 90 EUR per hour
Last revision of data: 2024-01-09Senior Accounting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 193,822 USD
Estimated Monthly Salary: 16,152 USD
Estimated Weekly Salary: 3,727 USD per week
Estimated Hourly Salary: 93 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
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Salary comparison to National average
Luxembourg is a small landlocked country located in Western Europe. With a population of approximately 633,000 people, it is one of the smallest countries in the European Union. Despite its size, Luxembourg boasts a highly developed economy and is known for its political stability and high standard of living.
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Senior Accounting Manager job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Senior Accounting Manager in Luxembourg earns on average:
2.34 times the average salary (or 234% of average salary).
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Senior Accounting Manager job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Senior Accounting Manager in Luxembourg earns on average:
2.34 times the average salary (or 234% of average salary).
Is Senior Accounting Manager a well paid job?
Yes, our data show that Senior Accounting Manager 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 Senior Accounting Manager?
High salary for Senior Accounting Manager would be somewhere between 213,547 EUR and 281,494 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Accounting Manager in Luxembourg?
Living in Luxembourg the approximate monthly expenses are: 3,648 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: 194,134 EUR
Estimated Monthly Salary: 16,178 EUR
Estimated Weekly Salary: 3,733 EUR per week
Estimated Hourly Salary: 93 EUR per hour
By working as Senior Accounting Manager a person can save up to 12,504 USD per month or 150,046 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 Luxembourg, see costs of living in Luxembourg.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belgium, Germany, France. 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 Accounting Manager
Belgium is 103,559 USD
Germany is 113,676 USD
France is 97,571 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 Luxembourg
(950,355 EUR per year, pre-tax.)
2. Cardiologist
(794,587 EUR per year, pre-tax.)
(765,939 EUR per year, pre-tax.)
4. Neurosurgeon
(742,355 EUR per year, pre-tax.)
(740,744 EUR per year, pre-tax.)
(724,806 EUR per year, pre-tax.)
7. Urologist
(723,841 EUR per year, pre-tax.)
8. Oncologist
(722,852 EUR per year, pre-tax.)
(722,418 EUR per year, pre-tax.)
(722,178 EUR per year, pre-tax.)
Data as of 2025Random salary:
Commercial engineer (127,761 EUR per year, pre-tax.)
Chairman of the board (190,663 EUR per year, pre-tax.)
Financial assistant (45,466 EUR per year, pre-tax.)
Prepress manager (93,781 EUR per year, pre-tax.)
Crm product manager (149,386 EUR per year, pre-tax.)
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