Bookkeeper Average Salary in Mexico 2024
How much money does a person working as Bookkeeper make in Mexico?
LOW
7,530
MXN AVERAGE
14,800
MXN HIGH
22,700
MXN
A person working as Bookkeeper in Mexico typically earns around 14,800 MXN. Salaries range from 7,530 MXN (lowest) to 22,700 MXN (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Bookkeeper salaries in Mexico vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Bookkeeper Pay Scale and Salaries in Mexico
Salary Structure and Pay Scale Comparison
13,500 MXN or more
12,000 to 13,500 MXN
8,650 MXN or less
8,650 to 12,000 MXN
 7,530 MXN |
13,500 MXN |
22,700 MXN |
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 Bookkeeper in Mexico range from 7,530 MXN (starting salary) to 22,700 MXN (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 13,500 MXN, half of the professionals who work as Bookkeeper in Mexico 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 Bookkeeper in Mexico earn less than 11,200 MXN, while 75% earn more. Similarly, the chart shows that 75% earn less than 15,400 MXN 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 Bookkeeper in Mexico compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 8,650 MXN to 12,000 MXN. About 20% of salaries are below the 8,650 MXN mark, while 10% fall within the range of 12,000 MXN to 13,500 MXN. Only 5% of individuals have salaries exceeding 13,500 MXN.
Salary Comparison by Years of Experience / Bookkeeper / Mexico
How do experience and age affect pay?
| 0 - 2 Years | 8,440 MXN | |
| 2 - 5 Years | +31% | 11,000 MXN |
| 5 - 10 Years | +40% | 15,400 MXN |
| 10 - 15 Years | +20% | 18,500 MXN |
| 15 - 20 Years | +9% | 20,100 MXN |
| 20+ Years | +8% | 21,700 MXN |
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 Bookkeeper and this is what we found.
Employees with less than two years of experience earn approximately 8,440 MXN.
While someone with an experience level between two and five years is expected to earn 11,000 MXN, 31% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 15,400 MXN, 40% 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 18,500 MXN, 20% 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 20,100 MXN, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 21,700 MXN, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Bookkeeper / Mexico
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Bookkeeper.
| High School | 9,650 MXN | |
| Certificate or Diploma | +47% | 14,200 MXN |
| Bachelor's Degree | +53% | 21,800 MXN |
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 Bookkeeper in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 9,650 MXN.
Level 2: Certificate or Diploma
At this level, the average salary becomes 14,200 MXN, 47% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 21,800 MXN, 53% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Bookkeeper / Mexico
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 Bookkeeper in Mexico, the average difference between the salary of male and female employees is 14%.
| Male | 15,800 MXN | |
| Female | -12% | 13,800 MXN |
Salary Comparison By Gender in Mexico for all Careers
Average Annual Salary Increment Percentage / Bookkeeper / Mexico
How much are annual salary increments in Mexico for individuals working as Bookkeeper? How often do employees get salary raises?
Individuals working as Bookkeeper in Mexico are likely to observe a salary increase of approximately 10% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
Mexico / 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 / Bookkeeper / Mexico
How much and how often are bonuses being awarded?
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73% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 27% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
| Received Bonus | 27% | |
| No Bonus | 73% |
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 / Bookkeeper / Mexico
85 MXN per hourThe average hourly wage (pay per hour) for individuals working as Bookkeeper in Mexico is 85 MXN.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 Bookkeeper in Mexico is 43 MXN. 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 | 17,500 MXN |  +19% |
| Account Executive | 28,900 MXN | +96% |
| Accountant | 22,400 MXN | +52% |
| Accounting Analyst | 29,700 MXN | +100% |
| Accounting Assistant | 18,200 MXN | +23% |
| Accounting Associate | 16,400 MXN | +11% |
| Accounting Clerk | 14,300 MXN | -3% |
| Accounting Coordinator | 21,000 MXN | +42% |
| Accounting Head | 45,700 MXN | +210% |
| Accounting Manager | 49,500 MXN | +240% |
| Accounting Officer | 16,800 MXN | +14% |
| Accounting Specialist | 32,000 MXN | +120% |
| Accounting Supervisor | 33,900 MXN | +130% |
| Accounting Technician | 17,200 MXN | +17% |
| Accounting Unit Controller | 38,000 MXN | +160% |
| Accounts Executive | 28,800 MXN | +95% |
| Accounts Officer | 19,200 MXN | +30% |
| Accounts Payable and Receivable Specialist | 23,500 MXN | +59% |
| Accounts Payable Assistant | 18,200 MXN | +23% |
| Accounts Payable Associate | 21,600 MXN | +46% |
| Accounts Payable Clerk | 18,000 MXN | +22% |
| Accounts Payable Manager | 45,000 MXN | +200% |
| Accounts Receivable Administrator | 35,600 MXN | +140% |
| Accounts Receivable Clerk | 17,600 MXN | +19% |
| Accounts Receivable Financial Analyst | 31,900 MXN | +120% |
| Accounts Receivable Manager | 47,800 MXN | +220% |
| Accounts Receivable Team Leader | 33,000 MXN | +120% |
| Algorithmic Trading Specialist | 40,700 MXN | +180% |
| Assistant Accountant | 18,300 MXN | +24% |
| Assistant Accounting Manager | 43,500 MXN | +190% |
| Assistant Auditor | 23,800 MXN | +61% |
| Assistant Corporate Controller | 31,700 MXN | +110% |
| Assistant Finance Manager | 51,300 MXN | +250% |
| Assistant Financial Controller | 30,500 MXN | +110% |
| Audit Director | 51,400 MXN | +250% |
| Audit Supervisor | 44,700 MXN | +200% |
| Auditing Clerk | 19,200 MXN | +30% |
| Auditing Manager | 48,800 MXN | +230% |
| Billing Clerk | 18,600 MXN | +26% |
| Billing Coordinator | 20,900 MXN | +42% |
| Billing Specialist | 24,800 MXN | +68% |
| Billing Supervisor | 36,500 MXN | +150% |
| Bookkeeper | 14,800 MXN | +0% |
| Bookkeeping Specialist | 23,500 MXN | +59% |
| Budget Analyst | 40,100 MXN | +170% |
| Budget Manager | 50,000 MXN | +240% |
| Business Support Analyst | 26,800 MXN | +82% |
| Capital Markets Associate | 34,400 MXN | +130% |
| Cash Flow Analyst | 34,400 MXN | +130% |
| Cash Management Manager | 46,900 MXN | +220% |
| Cash Management Officer | 28,300 MXN | +92% |
| Cashbook Clerk | 15,300 MXN | +4% |
| Chartered Accountant | 29,600 MXN | +100% |
| Chief Accountant | 34,900 MXN | +140% |
| Chief Financial Technology Officer | 47,000 MXN | +220% |
| Collections Clerk | 15,100 MXN | +2% |
| Collections Representative | 20,800 MXN | +41% |
| Collections Specialist | 23,500 MXN | +59% |
| Corporate Controller | 38,100 MXN | +160% |
| Corporate Treasurer | 44,100 MXN | +200% |
| Cost Accountant | 24,000 MXN | +63% |
| Cost Accounting Manager | 47,700 MXN | +220% |
| Cost Accounting Supervisor | 37,800 MXN | +160% |
| Cost Analyst | 36,000 MXN | +140% |
| Credit and Collection Manager | 48,400 MXN | +230% |
| Credit and Collection Staff | 18,100 MXN | +23% |
| Credit and Loans Officer | 17,000 MXN | +15% |
| Credit Controller | 32,700 MXN | +120% |
| Credit Manager | 50,800 MXN | +240% |
| Debt Adviser | 38,400 MXN | +160% |
| Debt Collector | 19,400 MXN | +31% |
| Debtors Clerk | 15,500 MXN | +5% |
| Debtors Controller | 16,800 MXN | +14% |
| Deputy CFO | 65,000 MXN | +340% |
| Deputy Head of Finance | 63,600 MXN | +330% |
| Derivative Trader | 42,200 MXN | +190% |
| Director of Finance | 70,700 MXN | +380% |
| E-commerce Accountant | 25,400 MXN | +72% |
| Economist | 53,800 MXN | +260% |
| Equity Analyst | 40,700 MXN | +180% |
| Escrow Assistant | 20,500 MXN | +39% |
| Executive Accountant | 25,900 MXN | +76% |
| External Auditor | 34,200 MXN | +130% |
| Finance Administrator | 28,400 MXN | +92% |
| Finance Analyst | 41,900 MXN | +180% |
| Finance Associate | 19,900 MXN | +35% |
| Finance Data Analyst | 36,300 MXN | +150% |
| Finance Director | 70,300 MXN | +380% |
| Finance Executive | 51,800 MXN | +250% |
| Finance Licensing Clerk | 16,800 MXN | +14% |
| Finance Licensing Manager | 46,200 MXN | +210% |
| Finance Licensing Specialist | 24,600 MXN | +67% |
| Finance Manager | 62,800 MXN | +330% |
| Finance Officer | 23,100 MXN | +57% |
| Finance President | 69,300 MXN | +370% |
| Finance Relationship Manager | 55,000 MXN | +270% |
| Finance Release Analyst | 25,700 MXN | +74% |
| Finance Specialist | 38,600 MXN | +160% |
| Finance Team Leader | 52,400 MXN | +260% |
| Financial Accountant | 22,600 MXN | +53% |
| Financial Actuary | 37,700 MXN | +160% |
| Financial Administrator | 39,700 MXN | +170% |
| Financial Advisor | 44,000 MXN | +200% |
| Financial Analyst | 40,700 MXN | +180% |
| Financial Applications Specialist | 29,500 MXN | +100% |
| Financial Assistant | 19,800 MXN | +34% |
| Financial Associate | 21,800 MXN | +48% |
| Financial Claims Analyst | 32,500 MXN | +120% |
| Financial Claims Manager | 40,500 MXN | +170% |
| Financial Claims Supervisor | 39,100 MXN | +160% |
| Financial Clerk | 17,700 MXN | +20% |
| Financial Commercial Analyst | 33,000 MXN | +120% |
| Financial Compliance Analyst | 39,500 MXN | +170% |
| Financial Compliance Officer | 37,100 MXN | +150% |
| Financial Consultant | 31,100 MXN | +110% |
| Financial Controller | 36,700 MXN | +150% |
| Financial Coordinator | 22,400 MXN | +52% |
| Financial Customer Service Manager | 42,000 MXN | +180% |
| Financial Data Scientist | 45,200 MXN | +210% |
| Financial Dealer and Broker | 26,000 MXN | +76% |
| Financial Director | 68,100 MXN | +360% |
| Financial Encoder | 19,200 MXN | +30% |
| Financial Manager | 67,500 MXN | +360% |
| Financial Modelling Analyst | 41,100 MXN | +180% |
| Financial Operations Manager | 60,100 MXN | +310% |
| Financial Policy Analyst | 35,100 MXN | +140% |
| Financial Project Manager | 49,500 MXN | +240% |
| Financial Quantitative Analyst | 41,400 MXN | +180% |
| Financial Reporting Consultant | 33,700 MXN | +130% |
| Financial Reporting Manager | 43,200 MXN | +190% |
| Financial Section Head | 47,100 MXN | +220% |
| Financial Services Manager | 57,700 MXN | +290% |
| Financial Services Sales Agent | 26,000 MXN | +76% |
| Financial Technology Consultant | 37,400 MXN | +150% |
| Financial Wellness Coach | 45,900 MXN | +210% |
| FinTech Analyst | 40,100 MXN | +170% |
| Fixed Assets Administrator | 24,500 MXN | +66% |
| Forensic Accountant | 27,700 MXN | +88% |
| Fraud Detection Supervisor | 29,400 MXN | +99% |
| Fraud Prevention Manager | 45,800 MXN | +210% |
| Fund Accountant | 22,300 MXN | +51% |
| Grants Coordinator | 16,900 MXN | +15% |
| Green Finance Analyst | 35,000 MXN | +140% |
| Group Financial Manager | 70,000 MXN | +370% |
| Internal Auditor | 30,700 MXN | +110% |
| Internal Control Adviser | 37,600 MXN | +150% |
| Internal Control Officer | 19,600 MXN | +33% |
| International Tax Director | 57,600 MXN | +290% |
| Inventory Accountant | 25,200 MXN | +71% |
| Investment Advisor | 65,000 MXN | +340% |
| Investment Analyst | 45,200 MXN | +210% |
| Investment Associate | 41,300 MXN | +180% |
| Investment Broker | 39,900 MXN | +170% |
| Investment Fund Manager | 51,700 MXN | +250% |
| Investment Operations Manager | 55,100 MXN | +270% |
| Investment Underwriter | 20,500 MXN | +39% |
| Investor | 29,300 MXN | +99% |
| Investor Relations Manager | 47,500 MXN | +220% |
| KYC Team Leader | 46,000 MXN | +210% |
| Loan Processor | 18,900 MXN | +28% |
| Management Accountant | 26,800 MXN | +82% |
| Management Economist | 55,000 MXN | +270% |
| Paymaster | 18,500 MXN | +25% |
| Payroll Administrator | 31,200 MXN | +110% |
| Payroll Benefits Coordinator | 25,700 MXN | +74% |
| Payroll Billing Manager | 44,200 MXN | +200% |
| Payroll Clerk | 21,400 MXN | +45% |
| Payroll Manager | 42,300 MXN | +190% |
| Payroll Officer | 19,800 MXN | +34% |
| Payroll Specialist | 24,600 MXN | +67% |
| Payroll Supervisor | 30,700 MXN | +110% |
| Pensions Administrator | 25,000 MXN | +69% |
| Personal Financial Advisor | 36,700 MXN | +150% |
| Pricing Analyst | 38,300 MXN | +160% |
| Private Equity Analyst | 40,800 MXN | +180% |
| Project Accountant | 25,300 MXN | +71% |
| Proposal Development Coordinator | 21,000 MXN | +42% |
| Quantitative Trader | 34,000 MXN | +130% |
| Receivables Accountant | 21,500 MXN | +46% |
| Regulatory Accountant | 24,600 MXN | +67% |
| Retirement Plan Analyst | 38,100 MXN | +160% |
| Revenue Management Specialist | 37,200 MXN | +150% |
| Revenue Recognition Analyst | 42,900 MXN | +190% |
| Risk Management Director | 55,300 MXN | +270% |
| Risk Management Supervisor | 47,300 MXN | +220% |
| Staff Accountant | 23,500 MXN | +59% |
| Tax Accountant | 22,500 MXN | +52% |
| Tax Administrator | 26,700 MXN | +81% |
| Tax Advisor | 35,500 MXN | +140% |
| Tax Analyst | 36,900 MXN | +150% |
| Tax Associate | 19,000 MXN | +29% |
| Tax Consultant | 36,200 MXN | +150% |
| Tax Director | 54,700 MXN | +270% |
| Tax Examiner | 24,900 MXN | +69% |
| Tax Manager | 45,900 MXN | +210% |
| Tax Research Manager | 47,800 MXN | +220% |
| Teller | 14,500 MXN | -2% |
| Treasury Accountant | 24,600 MXN | +67% |
| Treasury Analyst | 40,800 MXN | +180% |
| Underwriter | 16,800 MXN | +14% |
| Underwriting Assistant | 14,900 MXN | +1% |
| Vice President of Finance | 65,500 MXN | +340% |
Salary Comparison By City
| City | Average Salary |
| Cancun | 18,600 MXN |
| Guadalajara | 19,400 MXN |
| Mexico City | 20,800 MXN |
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 Mexico is 9% on average across all career fields.
| Private Sector | 32,000 MXN | |
| Public Sector | +9% | 34,800 MXN |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Bookkeeper in Mexico?
A good and competitive compensation would range anywhere between 13,500 MXN and 15,400 MXN. 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 Bookkeeper in Mexico ranges from 7,530 MXN to 11,200 MXN. 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
