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The average monthly net salary in Latvia is
2,000
3,000
4,000
 
10% earn less lthan 1,433 EUR
10% earns more than 4,451 EUR
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The displayed value presents total net salary in the whole Latvia. Salary amount is influenced by bonuses, regions and many other factors.

Description of job position

  • Responsibility for reporting according to international standards
  • Ensuring monthly closings (including IFRS, etc.); initiation of measures to optimize closing processes across departments
  • Processing of consolidated financial statements or preparation of documents for consolidation (including IFRS, etc.)
  • Compilation of statutory and managerial reporting (according to CAS, IFRS, US GAAP); implementation and compliance with group reporting standards and policies; reporting segmentation
  • Consolidation of financial statements and business combination, including resolution of problem areas (elimination of interrelationships, deferred tax, reporting and disclosure obligations)
  • Control of compliance with accounting rules in individual companies of the concern for the purpose of correct and verifiable consolidated accounting according to international standards
  • Support of specific areas (e.g. transfer pricing and documentation of transfer prices; cash pooling)
  • Preparation of documents for accounting and tax audits and communication with auditors

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The most common career path of an employee

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Position: IFRS specialist - Economy, Finance, Accountancy

The job position is
in the salary ranking on

Women representation in position

Average age of respondent in position

663. place

General Labourer

General labour

Salary group 1

507 - 1,426 EUR

36. place

Data scientist

Information Technology

Salary group 2

1,419 - 4,521 EUR

35. place

IFRS specialist

Economy, Finance, Accountancy

Salary group 2

1,433 - 4,451 EUR

34. place

Head of controlling

Management

Salary group 2

1,277 - 4,677 EUR

1. place

Chief Executive Officer

Top Management

Salary group 3

1,589 - 9,353 EUR

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  • Salary on the position by region, education, work experience, company size, age group
  • Total renumeration and its components (variable part, commissions, rewards)
  • Distribution of respondents into salary ranges
  • Salary range expressed by the 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage
  • Detailed breakdown of all monitored non-financial benefits provided
  • Analysis of financial benefits