Accounts Receivable Manager salary in Monaco

Average Yearly Salary of Accounts Receivable Manager in Monaco is approximately 226,676 EUR (226,540 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 Manager do?

The occupation of an accounts receivable manager involves overseeing and managing the company's accounts receivable process. They are responsible for ensuring that customer payments are received in a timely manner, monitoring outstanding balances, and resolving any payment discrepancies or issues. Accounts receivable managers also play a crucial role in developing and implementing effective credit and collection policies to minimize bad debt and improve cash flow. The primary responsibilities of an accounts receivable manager include maintaining accurate and up-to-date customer records, generating invoices, and reconciling payments. They work closely with customers, sales teams, and other departments to resolve billing disputes and clarify payment terms. Additionally, they may be involved in analyzing financial data, preparing reports, and providing recommendations to senior management on improving cash flow and reducing delinquencies.

Skills: accounts receivable, financial management, credit control, collections, cash flow, billing
Job industry: Finance

How much does Accounts Receivable Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Accounts Receivable Manager a well paid job?

Yes, our data shows that Accounts Receivable Manager 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 Accounts Receivable Manager?

High salary for Accounts Receivable Manager would be somewhere between 249,344 EUR and 328,680 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Accounts Receivable Manager 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: 226,676 EUR
Estimated Monthly Salary: 18,890 EUR
Estimated Weekly Salary: 4,359 EUR per week
Estimated Hourly Salary: 109 EUR per hour
By working as Accounts Receivable Manager a person can save up to 11,435 USD per month or 137,222 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 Manager

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.

Top 10 highest salaries in Monaco

Data as of 2025

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