Accounts Receivable Administrator salary in Monaco

Average Yearly Salary of Accounts Receivable Administrator in Monaco is approximately 145,371 EUR (145,064 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 Accounts Receivable Administrator do?

An accounts receivable administrator is responsible for managing and monitoring the company's accounts receivable process. They are in charge of processing invoices, tracking payments, and ensuring that all outstanding balances are collected in a timely manner. The role involves reconciling accounts, resolving payment discrepancies, and communicating with customers to resolve any billing issues. Additionally, accounts receivable administrators may also be responsible for generating financial reports related to accounts receivable, analyzing data to identify trends or areas for improvement, and collaborating with other departments to streamline processes and improve cash flow.

Skills: Accounts Receivable, Administration, Invoicing, Payment Processing, Financial Reporting, Customer Relations
Job industry: Finance

How much does Accounts Receivable Administrator make?

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


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Salary comparison to National average

Is Accounts Receivable Administrator a well paid job?

Yes, our data show that Accounts Receivable Administrator is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Accounts Receivable Administrator?

High salary for Accounts Receivable Administrator would be somewhere between 159,908 EUR and 210,788 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Accounts Receivable Administrator in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 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: 145,371 EUR
Estimated Monthly Salary: 12,114 EUR
Estimated Weekly Salary: 2,796 EUR per week
Estimated Hourly Salary: 70 EUR per hour
By working as Accounts Receivable Administrator a person can save up to 4,645 USD per month or 55,746 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 Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Accounts Receivable Administrator

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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