Economy, Finance, Accountancy

Financial Analyst

The average monthly net salary in Latvia is

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80% of people earn:

1,035 - 2,260 EUR

10% earn less lthan 1,035 EUR

10% earns more than 2,260 EUR

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What does the data in the graph mean?

Salaries in the survey are expressed in net.

Based on the Algas.lv salary survey, 80% of people on the Financial Analyst position in the Latvia earn between 1,035 EUR and 2,260 EUR monthly net.

10% of employees earn less than 1,035 EUR and 10% of people earn more than 2,260 EUR.

The survey is based on data from employees, cleaned of extreme and duplicate values.

Description of job position

Forecasting, planning, and analysis of revenues, costs, gross profit, and expenses.
Preparing the calculations in accordance with inflation.
Evaluating the efficiency and financial return on major investments.
Analysing the current results compared to the forecast and planned objective.
Monitoring and evaluating the development in terms of cost as well as indicators of profitability and productivity in accordance with standard accounting statements (balance sheet, income statement, cash flow).
Preparing documents for the financial managers’ decision process.
Verifying the creditworthiness of bank customers when providing the investment and operating loans.
Cooperating with international teams.
Evaluating trends, dependencies, and changes in the financial situation of the organisation.
Designing measures for optimisation.
Creating financial models and writing reports.

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The most common career path of an employee

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Position: Financial Analyst - Economy, Finance, Accountancy

The job position is
in the salary ranking on

300 place

Women representation in position

54%

Average age of respondent in position

663. place

General Labourer

General labour

507 - 1,479 EUR

301. place

Official

Public Administration, Self-governance

990 - 2,249 EUR

300. place

Financial Analyst

Economy, Finance, Accountancy

1,035 - 2,260 EUR

299. place

Water Management Engineer

Water Management, Forestry, Environment

1,057 - 2,288 EUR

1. place

Pilot

Transport, Haulage, Logistics

2,435 - 8,858 EUR

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Salary for the position by region, education, experience, company size, age
Distribution of respondents into wage bands
Salary range from 1st to 9th decile
A breakdown of all monitored non-financial benefits
Analysis of financial benefits

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