Chartered Accountant Average Salary in Finland 2024
How much money does a person working as Chartered Accountant make in Finland?
LOW
1,970
EUR AVERAGE
4,100
EUR HIGH
6,440
EUR
A person working as Chartered Accountant in Finland typically earns around 4,100 EUR. Salaries range from 1,970 EUR (lowest) to 6,440 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Chartered Accountant salaries in Finland vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Chartered Accountant Pay Scale and Salaries in Finland
Salary Structure and Pay Scale Comparison
3,830 EUR or more
3,380 to 3,830 EUR
2,370 EUR or less
2,370 to 3,380 EUR
 1,970 EUR |
3,860 EUR |
6,440 EUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Chartered Accountant in Finland range from 1,970 EUR (starting salary) to 6,440 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 3,860 EUR, half of the professionals who work as Chartered Accountant in Finland earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Chartered Accountant in Finland earn less than 3,140 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 4,420 EUR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Chartered Accountant in Finland compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,370 EUR to 3,380 EUR. About 20% of salaries are below the 2,370 EUR mark, while 10% fall within the range of 3,380 EUR to 3,830 EUR. Only 5% of individuals have salaries exceeding 3,830 EUR.
Salary Comparison by Years of Experience / Chartered Accountant / Finland
How do experience and age affect pay?
| 0 - 2 Years | 2,300 EUR | |
| 2 - 5 Years | +42% | 3,270 EUR |
| 5 - 10 Years | +31% | 4,290 EUR |
| 10 - 15 Years | +23% | 5,280 EUR |
| 15 - 20 Years | +6% | 5,610 EUR |
| 20+ Years | +10% | 6,150 EUR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Chartered Accountant and this is what we found.
Employees with less than two years of experience earn approximately 2,300 EUR.
While someone with an experience level between two and five years is expected to earn 3,270 EUR, 42% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 4,290 EUR, 31% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 5,280 EUR, 23% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 5,610 EUR, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 6,150 EUR, 10% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Chartered Accountant / Finland
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Chartered Accountant.
| Certificate or Diploma | 2,860 EUR | |
| Bachelor's Degree | +59% | 4,560 EUR |
| Master's Degree | +33% | 6,080 EUR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Chartered Accountant in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 2,860 EUR.
Level 2: Bachelor's Degree
At this level, the average salary becomes 4,560 EUR, 59% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 6,080 EUR, 33% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Finland costs anywhere from 23,500 EUR to 70,600 EUR and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Chartered Accountant / Finland
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Chartered Accountant in Finland, the average difference between the salary of male and female employees is 4%.
| Male | 4,190 EUR | |
| Female | -4% | 4,020 EUR |
Salary Comparison By Gender in Finland for all Careers
Average Annual Salary Increment Percentage / Chartered Accountant / Finland
How much are annual salary increments in Finland for individuals working as Chartered Accountant? How often do employees get salary raises?
Individuals working as Chartered Accountant in Finland are likely to observe a salary increase of approximately 11% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
Finland / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Chartered Accountant / Finland
How much and how often are bonuses being awarded?
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42% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 58% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
| Received Bonus | 58% | |
| No Bonus | 42% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Chartered Accountant / Finland
24 EUR per hourThe average hourly wage (pay per hour) for individuals working as Chartered Accountant in Finland is 24 EUR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Chartered Accountant in Finland is 11 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Accounting and Finance |  -100% | |
| Account Examiner | 2,350 EUR | -43% |
| Account Executive | 4,260 EUR |  +4% |
| Accountant | 3,150 EUR | -23% |
| Accounting Analyst | 3,800 EUR | -7% |
| Accounting Assistant | 2,400 EUR | -41% |
| Accounting Associate | 2,430 EUR | -41% |
| Accounting Clerk | 1,940 EUR | -53% |
| Accounting Coordinator | 2,830 EUR | -31% |
| Accounting Head | 6,750 EUR | +65% |
| Accounting Manager | 6,980 EUR | +70% |
| Accounting Officer | 2,470 EUR | -40% |
| Accounting Specialist | 4,400 EUR | +7% |
| Accounting Supervisor | 4,410 EUR | +8% |
| Accounting Technician | 2,270 EUR | -45% |
| Accounting Unit Controller | 5,570 EUR | +36% |
| Accounts Executive | 4,150 EUR | +1% |
| Accounts Officer | 2,470 EUR | -40% |
| Accounts Payable and Receivable Specialist | 3,140 EUR | -23% |
| Accounts Payable Assistant | 2,640 EUR | -36% |
| Accounts Payable Associate | 3,000 EUR | -27% |
| Accounts Payable Clerk | 2,380 EUR | -42% |
| Accounts Payable Manager | 6,150 EUR | +50% |
| Accounts Receivable Administrator | 4,790 EUR | +17% |
| Accounts Receivable Clerk | 2,490 EUR | -39% |
| Accounts Receivable Financial Analyst | 4,360 EUR | +6% |
| Accounts Receivable Manager | 6,340 EUR | +55% |
| Accounts Receivable Team Leader | 4,670 EUR | +14% |
| Algorithmic Trading Specialist | 5,440 EUR | +33% |
| Assistant Accountant | 2,500 EUR | -39% |
| Assistant Accounting Manager | 6,100 EUR | +49% |
| Assistant Auditor | 3,160 EUR | -23% |
| Assistant Corporate Controller | 4,530 EUR | +10% |
| Assistant Finance Manager | 6,880 EUR | +68% |
| Assistant Financial Controller | 4,210 EUR | +3% |
| Audit Director | 7,050 EUR | +72% |
| Audit Supervisor | 5,750 EUR | +40% |
| Auditing Clerk | 2,470 EUR | -40% |
| Auditing Manager | 6,500 EUR | +58% |
| Billing Clerk | 2,500 EUR | -39% |
| Billing Coordinator | 2,900 EUR | -29% |
| Billing Specialist | 3,240 EUR | -21% |
| Billing Supervisor | 4,870 EUR | +19% |
| Bookkeeper | 2,040 EUR | -50% |
| Bookkeeping Specialist | 3,090 EUR | -25% |
| Budget Analyst | 5,730 EUR | +40% |
| Budget Manager | 6,680 EUR | +63% |
| Business Support Analyst | 3,560 EUR | -13% |
| Capital Markets Associate | 4,730 EUR | +15% |
| Cash Flow Analyst | 4,760 EUR | +16% |
| Cash Management Manager | 6,070 EUR | +48% |
| Cash Management Officer | 3,790 EUR | -8% |
| Cashbook Clerk | 2,140 EUR | -48% |
| Chartered Accountant | 4,100 EUR | -0% |
| Chief Accountant | 4,640 EUR | +13% |
| Chief Financial Technology Officer | 6,820 EUR | +66% |
| Collections Clerk | 1,910 EUR | -53% |
| Collections Representative | 2,770 EUR | -32% |
| Collections Specialist | 3,170 EUR | -23% |
| Corporate Controller | 5,140 EUR | +25% |
| Corporate Treasurer | 5,940 EUR | +45% |
| Cost Accountant | 3,140 EUR | -23% |
| Cost Accounting Manager | 6,630 EUR | +62% |
| Cost Accounting Supervisor | 5,000 EUR | +22% |
| Cost Analyst | 5,180 EUR | +26% |
| Credit and Collection Manager | 6,480 EUR | +58% |
| Credit and Collection Staff | 2,560 EUR | -38% |
| Credit and Loans Officer | 2,290 EUR | -44% |
| Credit Controller | 4,650 EUR | +13% |
| Credit Manager | 6,410 EUR | +56% |
| Debt Adviser | 5,260 EUR | +28% |
| Debt Collector | 2,490 EUR | -39% |
| Debtors Clerk | 2,120 EUR | -48% |
| Debtors Controller | 2,470 EUR | -40% |
| Deputy CFO | 8,410 EUR | +110% |
| Deputy Head of Finance | 8,820 EUR | +120% |
| Derivative Trader | 5,490 EUR | +34% |
| Director of Finance | 9,660 EUR | +140% |
| E-commerce Accountant | 3,180 EUR | -22% |
| Economist | 7,150 EUR | +74% |
| Equity Analyst | 5,800 EUR | +41% |
| Escrow Assistant | 2,960 EUR | -28% |
| Executive Accountant | 3,780 EUR | -8% |
| External Auditor | 4,710 EUR | +15% |
| Finance Administrator | 3,890 EUR | -5% |
| Finance Analyst | 5,770 EUR | +41% |
| Finance Associate | 2,830 EUR | -31% |
| Finance Data Analyst | 5,140 EUR | +25% |
| Finance Director | 9,330 EUR | +130% |
| Finance Executive | 7,130 EUR | +74% |
| Finance Licensing Clerk | 2,360 EUR | -42% |
| Finance Licensing Manager | 6,070 EUR | +48% |
| Finance Licensing Specialist | 3,350 EUR | -18% |
| Finance Manager | 8,620 EUR | +110% |
| Finance Officer | 3,040 EUR | -26% |
| Finance President | 9,280 EUR | +130% |
| Finance Relationship Manager | 7,160 EUR | +75% |
| Finance Release Analyst | 3,550 EUR | -13% |
| Finance Specialist | 5,480 EUR | +34% |
| Finance Team Leader | 7,060 EUR | +72% |
| Financial Accountant | 3,320 EUR | -19% |
| Financial Actuary | 5,020 EUR | +22% |
| Financial Administrator | 5,500 EUR | +34% |
| Financial Advisor | 5,850 EUR | +43% |
| Financial Analyst | 5,790 EUR | +41% |
| Financial Applications Specialist | 4,050 EUR | -1% |
| Financial Assistant | 2,540 EUR | -38% |
| Financial Associate | 3,000 EUR | -27% |
| Financial Claims Analyst | 4,220 EUR | +3% |
| Financial Claims Manager | 6,010 EUR | +47% |
| Financial Claims Supervisor | 5,430 EUR | +32% |
| Financial Clerk | 2,410 EUR | -41% |
| Financial Commercial Analyst | 4,660 EUR | +14% |
| Financial Compliance Analyst | 5,080 EUR | +24% |
| Financial Compliance Officer | 4,900 EUR | +19% |
| Financial Consultant | 4,310 EUR | +5% |
| Financial Controller | 5,000 EUR | +22% |
| Financial Coordinator | 2,870 EUR | -30% |
| Financial Customer Service Manager | 6,050 EUR | +48% |
| Financial Data Scientist | 6,200 EUR | +51% |
| Financial Dealer and Broker | 3,570 EUR | -13% |
| Financial Director | 9,100 EUR | +120% |
| Financial Encoder | 2,820 EUR | -31% |
| Financial Manager | 8,650 EUR | +110% |
| Financial Modelling Analyst | 5,830 EUR | +42% |
| Financial Operations Manager | 8,300 EUR | +100% |
| Financial Policy Analyst | 5,110 EUR | +25% |
| Financial Project Manager | 6,880 EUR | +68% |
| Financial Quantitative Analyst | 5,270 EUR | +29% |
| Financial Reporting Consultant | 4,840 EUR | +18% |
| Financial Reporting Manager | 6,310 EUR | +54% |
| Financial Section Head | 6,270 EUR | +53% |
| Financial Services Manager | 8,460 EUR | +110% |
| Financial Services Sales Agent | 3,550 EUR | -13% |
| Financial Technology Consultant | 4,970 EUR | +21% |
| Financial Wellness Coach | 6,300 EUR | +54% |
| FinTech Analyst | 5,690 EUR | +39% |
| Fixed Assets Administrator | 3,390 EUR | -17% |
| Forensic Accountant | 3,610 EUR | -12% |
| Fraud Detection Supervisor | 3,980 EUR | -3% |
| Fraud Prevention Manager | 6,410 EUR | +56% |
| Fund Accountant | 2,920 EUR | -29% |
| Grants Coordinator | 2,500 EUR | -39% |
| Green Finance Analyst | 4,650 EUR | +13% |
| Group Financial Manager | 8,830 EUR | +120% |
| Internal Auditor | 4,380 EUR | +7% |
| Internal Control Adviser | 5,070 EUR | +24% |
| Internal Control Officer | 2,740 EUR | -33% |
| International Tax Director | 7,540 EUR | +84% |
| Inventory Accountant | 3,310 EUR | -19% |
| Investment Advisor | 8,800 EUR | +110% |
| Investment Analyst | 6,330 EUR | +54% |
| Investment Associate | 5,510 EUR | +34% |
| Investment Broker | 5,230 EUR | +28% |
| Investment Fund Manager | 7,130 EUR | +74% |
| Investment Operations Manager | 7,470 EUR | +82% |
| Investment Underwriter | 2,640 EUR | -36% |
| Investor | 4,270 EUR | +4% |
| Investor Relations Manager | 6,480 EUR | +58% |
| KYC Team Leader | 6,070 EUR | +48% |
| Loan Processor | 2,630 EUR | -36% |
| Management Accountant | 3,420 EUR | -17% |
| Management Economist | 7,500 EUR | +83% |
| Paymaster | 2,600 EUR | -37% |
| Payroll Administrator | 4,380 EUR | +7% |
| Payroll Benefits Coordinator | 3,630 EUR | -11% |
| Payroll Billing Manager | 5,840 EUR | +42% |
| Payroll Clerk | 2,820 EUR | -31% |
| Payroll Manager | 5,760 EUR | +40% |
| Payroll Officer | 2,710 EUR | -34% |
| Payroll Specialist | 3,480 EUR | -15% |
| Payroll Supervisor | 3,910 EUR | -5% |
| Pensions Administrator | 3,410 EUR | -17% |
| Personal Financial Advisor | 4,950 EUR | +21% |
| Pricing Analyst | 5,220 EUR | +27% |
| Private Equity Analyst | 5,920 EUR | +44% |
| Project Accountant | 3,330 EUR | -19% |
| Proposal Development Coordinator | 2,870 EUR | -30% |
| Quantitative Trader | 4,800 EUR | +17% |
| Receivables Accountant | 3,020 EUR | -26% |
| Regulatory Accountant | 3,510 EUR | -14% |
| Retirement Plan Analyst | 5,140 EUR | +25% |
| Revenue Management Specialist | 5,200 EUR | +27% |
| Revenue Recognition Analyst | 5,990 EUR | +46% |
| Risk Management Director | 8,060 EUR | +97% |
| Risk Management Supervisor | 6,470 EUR | +58% |
| Staff Accountant | 3,140 EUR | -23% |
| Tax Accountant | 3,010 EUR | -27% |
| Tax Administrator | 3,580 EUR | -13% |
| Tax Advisor | 4,920 EUR | +20% |
| Tax Analyst | 4,790 EUR | +17% |
| Tax Associate | 2,630 EUR | -36% |
| Tax Consultant | 5,360 EUR | +31% |
| Tax Director | 7,590 EUR | +85% |
| Tax Examiner | 3,270 EUR | -20% |
| Tax Manager | 6,500 EUR | +58% |
| Tax Research Manager | 6,320 EUR | +54% |
| Teller | 1,980 EUR | -52% |
| Treasury Accountant | 3,350 EUR | -18% |
| Treasury Analyst | 5,400 EUR | +32% |
| Underwriter | 2,340 EUR | -43% |
| Underwriting Assistant | 2,140 EUR | -48% |
| Vice President of Finance | 8,840 EUR | +120% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Finland is 5% on average across all career fields.
| Private Sector | 4,590 EUR | |
| Public Sector | +5% | 4,810 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Chartered Accountant in Finland?
A good and competitive compensation would range anywhere between 3,860 EUR and 4,420 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Chartered Accountant in Finland ranges from 1,970 EUR to 3,140 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
