Home > Salary > Sri Lanka > Royalty Accountant
A royalty accountant is responsible for managing and overseeing the financial aspects of royalties earned by individuals or organizations. They work closely with artists, authors, musicians, and other creative professionals to ensure accurate and timely royalty payments. Their main tasks include tracking and analyzing royalty income, preparing royalty statements, calculating and distributing royalty payments, and reconciling royalty accounts.
In addition to their financial duties, royalty accountants may also be involved in negotiating royalty rates and contracts, conducting audits to ensure compliance, and providing financial advice to clients. They need to stay updated on industry trends, copyright laws, and licensing agreements to effectively perform their job. Strong analytical skills, attention to detail, and proficiency in financial software are essential for success in this role.
Estimated Yearly Salary: 2,710,880 LKR
Estimated Monthly Salary: 225,907 LKR
Estimated Weekly Salary: 52,132 LKR per week
Estimated Hourly Salary: 1,303 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 217,482 LKR
Estimated Weekly Salary: 50,188 LKR per week
Estimated Hourly Salary: 1,255 LKR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 7,763 USD
Estimated Monthly Salary: 647 USD
Estimated Weekly Salary: 149 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 2,710,880 LKR
Estimated Monthly Salary: 225,907 LKR
Estimated Weekly Salary: 52,132 LKR per week
Estimated Hourly Salary: 1,303 LKR per hour
By working as Royalty Accountant a person can save up to 423 USD per month or 5,070 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 Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Royalty Accountant
Last revision of data: 2025-01-04
Data as of 2025
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Royalty Accountant salary in Sri Lanka
Average Yearly Salary of Royalty Accountant in Sri Lanka is approximately 2,710,880 LKR (7,763 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 Royalty Accountant do?
A royalty accountant is responsible for managing and overseeing the financial aspects of royalties earned by individuals or organizations. They work closely with artists, authors, musicians, and other creative professionals to ensure accurate and timely royalty payments. Their main tasks include tracking and analyzing royalty income, preparing royalty statements, calculating and distributing royalty payments, and reconciling royalty accounts.
In addition to their financial duties, royalty accountants may also be involved in negotiating royalty rates and contracts, conducting audits to ensure compliance, and providing financial advice to clients. They need to stay updated on industry trends, copyright laws, and licensing agreements to effectively perform their job. Strong analytical skills, attention to detail, and proficiency in financial software are essential for success in this role.
Skills: Royalty accountant, Financial management, Royalty payments, Creative industries, Copyright laws, Financial analysis
Job industry: Entertainment
Job industry: Entertainment
How much does Royalty Accountant make?
Salary details
How much does Royalty Accountant make?Estimated Yearly Salary: 2,710,880 LKR
Estimated Monthly Salary: 225,907 LKR
Estimated Weekly Salary: 52,132 LKR per week
Estimated Hourly Salary: 1,303 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,609,787 LKREstimated Monthly Salary: 217,482 LKR
Estimated Weekly Salary: 50,188 LKR per week
Estimated Hourly Salary: 1,255 LKR per hour
Last revision of data: 2024-01-03Royalty Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,763 USD
Estimated Monthly Salary: 647 USD
Estimated Weekly Salary: 149 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Royalty Accountant job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Royalty Accountant in Sri Lanka earns on average:
1.52 times the average salary (or 152% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Royalty Accountant job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Royalty Accountant in Sri Lanka earns on average:
1.52 times the average salary (or 152% of average salary).
Is Royalty Accountant a well paid job?
Yes, our data shows that Royalty 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 Royalty Accountant?
High salary for Royalty Accountant would be somewhere between 2,981,968 LKR and 3,930,776 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Royalty Accountant in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 2,710,880 LKR
Estimated Monthly Salary: 225,907 LKR
Estimated Weekly Salary: 52,132 LKR per week
Estimated Hourly Salary: 1,303 LKR per hour
By working as Royalty Accountant a person can save up to 423 USD per month or 5,070 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Royalty Accountant
India is 31,109 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
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(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
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(15,421,430 LKR per year, pre-tax.)
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10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Data scientist it (3,389,647 LKR per year, pre-tax.)
Associate attorney legislative counsel public affairs (1,955,698 LKR per year, pre-tax.)
Information technology (it), manager (2,784,799 LKR per year, pre-tax.)
Director of applications (3,801,184 LKR per year, pre-tax.)
City mayor (2,731,025 LKR per year, pre-tax.)
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