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General Ledger Accounting Manager salary in Monaco

Average Yearly Salary of General Ledger Accounting Manager in Monaco is approximately 277,862 EUR (277,285 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 General Ledger Accounting Manager do?

occupation personasA General Ledger Accounting Manager is responsible for overseeing the financial accounting activities of an organization. They manage the general ledger, ensuring accurate and timely recording of financial transactions, reconciling accounts, and preparing financial statements. They supervise a team of accountants, providing guidance and support to ensure compliance with accounting standards and company policies. The General Ledger Accounting Manager works closely with other departments to gather financial data, resolve discrepancies, and provide financial analysis. They also collaborate with auditors during internal and external audits, ensuring all financial records are accurate and complete. This role requires strong analytical skills, attention to detail, and knowledge of accounting principles and regulations.

Skills: General Ledger Accounting Manager, Financial Accounting, Financial Statements, Reconciliation, Compliance, Financial Analysis
Job industry: Accounting


How much does General Ledger Accounting Manager make?

Salary details
How much does General Ledger Accounting Manager make?
Estimated Yearly Salary: 277,862 EUR
Estimated Monthly Salary: 23,155 EUR
Estimated Weekly Salary: 5,344 EUR per week
Estimated Hourly Salary: 134 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 267,732 EUR
Estimated Monthly Salary: 22,311 EUR
Estimated Weekly Salary: 5,149 EUR per week
Estimated Hourly Salary: 129 EUR per hour
Last revision of data: 2024-01-09



General Ledger Accounting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 277,285 USD
Estimated Monthly Salary: 23,107 USD
Estimated Weekly Salary: 5,332 USD per week
Estimated Hourly Salary: 133 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.

Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated General Ledger Accounting Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as General Ledger Accounting Manager in Monaco earns on average:
1.63 times the average salary (or 163% of average salary).

Is General Ledger Accounting Manager a well paid job?

Yes, our data shows that General Ledger Accounting 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 General Ledger Accounting Manager?

High salary for General Ledger Accounting Manager would be somewhere between 305,648 EUR and 402,900 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as General Ledger Accounting 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: 277,862 EUR
Estimated Monthly Salary: 23,155 EUR
Estimated Weekly Salary: 5,344 EUR per week
Estimated Hourly Salary: 134 EUR per hour
By working as General Ledger Accounting Manager a person can save up to 15,664 USD per month or 187,967 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 General Ledger Accounting Manager

France is 68,251 USDdown arrow 75%
Details on General Ledger Accounting Manager salary in France
Italy is 56,175 USDdown arrow 80%
Details on General Ledger Accounting Manager salary in Italy
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(1,948,030 EUR per year, pre-tax.)
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)

Data as of 2025

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The salary estimates on optisalary.com are meant for reference purposes only.
The salary estimates on optisalary.com are meant for informational purposes only. We collect salary data from varied sources, but do not ensure absolute accuracy. Users should independently confirm salaries before making financial commitments. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We disclaim any warranty regarding the correctness of the listed salary data. By accessing this site, you acknowledge that salary data is subject to updates.
The salary estimates on optisalary.com are meant for reference purposes only. We collect salary data from multiple providers, but do not ensure complete precision. Users must independently confirm salaries before making financial decisions. Salary variations occur due to industry standards, demand shifts, and location. We disclaim any warranty regarding the correctness of the listed salary data. By accessing this site, you agree that salary data is not definitive.