A person working as Inventory Accountant in Portugal typically earns around 2,020 EUR. Salaries range from 1,050 EUR (lowest) to 3,100 EUR (highest).
This is the average salary including housing, transport, and other benefits. Inventory Accountant salaries in Portugal vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 1,050 EUR |
Median 1,840 EUR |
Maximum 3,100 EUR |
Salaries for the position Inventory Accountant in Portugal range from 1,050 EUR (starting salary) to 3,100 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.
With a median salary of 1,840 EUR, half of the professionals who work as Inventory Accountant in Portugal 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.
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 Inventory Accountant in Portugal earn less than 1,530 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 2,090 EUR while 25% earn more.
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 Inventory Accountant in Portugal compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,190 EUR to 1,630 EUR. About 20% of salaries are below the 1,190 EUR mark, while 10% fall within the range of 1,630 EUR to 1,830 EUR. Only 5% of individuals have salaries exceeding 1,830 EUR.
0 - 2 Years | 1,200 EUR | |
2 - 5 Years | +34% | 1,600 EUR |
5 - 10 Years | +30% | 2,080 EUR |
10 - 15 Years | +21% | 2,520 EUR |
15 - 20 Years | +9% | 2,760 EUR |
20+ Years | +5% | 2,900 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 Inventory Accountant and this is what we found.
Employees with less than two years of experience earn approximately 1,200 EUR.
While someone with an experience level between two and five years is expected to earn 1,600 EUR, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 2,080 EUR, 30% 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 2,520 EUR, 21% 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 2,760 EUR, 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 2,900 EUR, 5% more than people with fifteen to twenty years of experience.
High School | 1,440 EUR | |
Certificate or Diploma | +14% | 1,640 EUR |
Bachelor's Degree | +41% | 2,320 EUR |
Master's Degree | +21% | 2,810 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 Inventory Accountant in order to make a comparison.
Employees at this education level have an average salary of 1,440 EUR.
At this level, the average salary becomes 1,640 EUR, 14% more than the previous level.
At this level, the average salary becomes 2,320 EUR, 41% more than the previous level.
At this level, the average salary becomes 2,810 EUR, 21% more than the previous level.
A Master's degree program or any post-graduate program in Portugal costs anywhere from 13,800 EUR to 41,400 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.
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 Inventory Accountant in Portugal, the average difference between the salary of male and female employees is 5%.
Male | 2,080 EUR | |
Female | -5% | 1,980 EUR |
Individuals working as Inventory Accountant in Portugal are likely to observe a salary increase of approximately 12% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
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.
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
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.
47% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 53% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
Received Bonus | 53% | |
No Bonus | 47% |
The 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.
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.
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.
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.
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.
The minimum pay rate per hour for people working as Inventory Accountant in Portugal is 6 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Accounting and Finance | -100% | |
Account Examiner | 1,430 EUR | -29% |
Account Executive | 2,420 EUR | +20% |
Accountant | 1,840 EUR | -9% |
Accounting Analyst | 2,250 EUR | +11% |
Accounting Assistant | 1,410 EUR | -30% |
Accounting Associate | 1,330 EUR | -34% |
Accounting Clerk | 1,140 EUR | -44% |
Accounting Coordinator | 1,710 EUR | -15% |
Accounting Head | 3,830 EUR | +89% |
Accounting Manager | 4,100 EUR | +100% |
Accounting Officer | 1,460 EUR | -28% |
Accounting Specialist | 2,600 EUR | +29% |
Accounting Supervisor | 2,660 EUR | +31% |
Accounting Technician | 1,260 EUR | -38% |
Accounting Unit Controller | 3,290 EUR | +63% |
Accounts Executive | 2,510 EUR | +24% |
Accounts Officer | 1,470 EUR | -27% |
Accounts Payable and Receivable Specialist | 1,980 EUR | -2% |
Accounts Payable Assistant | 1,540 EUR | -24% |
Accounts Payable Associate | 1,800 EUR | -11% |
Accounts Payable Clerk | 1,400 EUR | -31% |
Accounts Payable Manager | 3,620 EUR | +79% |
Accounts Receivable Administrator | 2,750 EUR | +36% |
Accounts Receivable Clerk | 1,460 EUR | -28% |
Accounts Receivable Financial Analyst | 2,570 EUR | +27% |
Accounts Receivable Manager | 3,730 EUR | +84% |
Accounts Receivable Team Leader | 2,890 EUR | +43% |
Algorithmic Trading Specialist | 3,420 EUR | +69% |
Assistant Accountant | 1,400 EUR | -31% |
Assistant Accounting Manager | 3,370 EUR | +67% |
Assistant Auditor | 1,960 EUR | -3% |
Assistant Corporate Controller | 2,450 EUR | +21% |
Assistant Finance Manager | 3,730 EUR | +84% |
Assistant Financial Controller | 2,510 EUR | +24% |
Audit Director | 4,390 EUR | +120% |
Audit Supervisor | 3,410 EUR | +69% |
Auditing Clerk | 1,470 EUR | -27% |
Auditing Manager | 3,870 EUR | +91% |
Billing Clerk | 1,430 EUR | -29% |
Billing Coordinator | 1,670 EUR | -17% |
Billing Specialist | 1,980 EUR | -2% |
Billing Supervisor | 2,900 EUR | +43% |
Bookkeeper | 1,220 EUR | -40% |
Bookkeeping Specialist | 1,720 EUR | -15% |
Budget Analyst | 3,100 EUR | +53% |
Budget Manager | 4,000 EUR | +98% |
Business Support Analyst | 2,210 EUR | +9% |
Capital Markets Associate | 2,950 EUR | +46% |
Cash Flow Analyst | 2,850 EUR | +41% |
Cash Management Manager | 3,640 EUR | +80% |
Cash Management Officer | 2,060 EUR | +2% |
Cashbook Clerk | 1,300 EUR | -36% |
Chartered Accountant | 2,460 EUR | +22% |
Chief Accountant | 2,760 EUR | +36% |
Chief Financial Technology Officer | 3,960 EUR | +96% |
Collections Clerk | 1,110 EUR | -45% |
Collections Representative | 1,650 EUR | -18% |
Collections Specialist | 1,910 EUR | -6% |
Corporate Controller | 3,120 EUR | +54% |
Corporate Treasurer | 3,590 EUR | +77% |
Cost Accountant | 1,920 EUR | -5% |
Cost Accounting Manager | 3,630 EUR | +79% |
Cost Accounting Supervisor | 3,100 EUR | +53% |
Cost Analyst | 3,130 EUR | +55% |
Credit and Collection Manager | 3,870 EUR | +91% |
Credit and Collection Staff | 1,510 EUR | -25% |
Credit and Loans Officer | 1,380 EUR | -32% |
Credit Controller | 2,630 EUR | +30% |
Credit Manager | 3,890 EUR | +92% |
Debt Adviser | 3,100 EUR | +53% |
Debt Collector | 1,470 EUR | -27% |
Debtors Clerk | 1,320 EUR | -35% |
Debtors Controller | 1,460 EUR | -28% |
Deputy CFO | 5,050 EUR | +150% |
Deputy Head of Finance | 5,290 EUR | +160% |
Derivative Trader | 3,310 EUR | +64% |
Director of Finance | 5,400 EUR | +170% |
E-commerce Accountant | 2,010 EUR | -1% |
Economist | 4,240 EUR | +110% |
Equity Analyst | 3,450 EUR | +71% |
Escrow Assistant | 1,620 EUR | -20% |
Executive Accountant | 2,120 EUR | +5% |
External Auditor | 2,530 EUR | +25% |
Finance Administrator | 2,190 EUR | +8% |
Finance Analyst | 3,260 EUR | +61% |
Finance Associate | 1,590 EUR | -21% |
Finance Data Analyst | 3,180 EUR | +57% |
Finance Director | 5,790 EUR | +190% |
Finance Executive | 3,840 EUR | +90% |
Finance Licensing Clerk | 1,300 EUR | -36% |
Finance Licensing Manager | 3,720 EUR | +84% |
Finance Licensing Specialist | 2,050 EUR | +1% |
Finance Manager | 5,360 EUR | +160% |
Finance Officer | 1,860 EUR | -8% |
Finance President | 5,290 EUR | +160% |
Finance Relationship Manager | 4,550 EUR | +120% |
Finance Release Analyst | 2,120 EUR | +5% |
Finance Specialist | 3,090 EUR | +53% |
Finance Team Leader | 4,280 EUR | +110% |
Financial Accountant | 1,960 EUR | -3% |
Financial Actuary | 2,840 EUR | +40% |
Financial Administrator | 3,130 EUR | +55% |
Financial Advisor | 3,300 EUR | +63% |
Financial Analyst | 3,440 EUR | +70% |
Financial Applications Specialist | 2,400 EUR | +19% |
Financial Assistant | 1,510 EUR | -25% |
Financial Associate | 1,870 EUR | -8% |
Financial Claims Analyst | 2,540 EUR | +26% |
Financial Claims Manager | 3,270 EUR | +62% |
Financial Claims Supervisor | 3,270 EUR | +62% |
Financial Clerk | 1,480 EUR | -27% |
Financial Commercial Analyst | 2,730 EUR | +35% |
Financial Compliance Analyst | 3,010 EUR | +49% |
Financial Compliance Officer | 3,040 EUR | +50% |
Financial Consultant | 2,590 EUR | +28% |
Financial Controller | 2,890 EUR | +43% |
Financial Coordinator | 1,770 EUR | -13% |
Financial Customer Service Manager | 3,320 EUR | +64% |
Financial Data Scientist | 3,480 EUR | +72% |
Financial Dealer and Broker | 2,120 EUR | +5% |
Financial Director | 5,730 EUR | +180% |
Financial Encoder | 1,670 EUR | -17% |
Financial Manager | 5,110 EUR | +150% |
Financial Modelling Analyst | 3,270 EUR | +62% |
Financial Operations Manager | 4,710 EUR | +130% |
Financial Policy Analyst | 2,850 EUR | +41% |
Financial Project Manager | 3,760 EUR | +86% |
Financial Quantitative Analyst | 3,250 EUR | +61% |
Financial Reporting Consultant | 2,780 EUR | +37% |
Financial Reporting Manager | 3,510 EUR | +74% |
Financial Section Head | 3,550 EUR | +75% |
Financial Services Manager | 5,000 EUR | +150% |
Financial Services Sales Agent | 1,980 EUR | -2% |
Financial Technology Consultant | 3,080 EUR | +52% |
Financial Wellness Coach | 3,920 EUR | +94% |
FinTech Analyst | 3,210 EUR | +59% |
Fixed Assets Administrator | 1,930 EUR | -5% |
Forensic Accountant | 2,300 EUR | +14% |
Fraud Detection Supervisor | 2,410 EUR | +19% |
Fraud Prevention Manager | 3,890 EUR | +92% |
Fund Accountant | 1,780 EUR | -12% |
Grants Coordinator | 1,360 EUR | -33% |
Green Finance Analyst | 2,760 EUR | +36% |
Group Financial Manager | 5,360 EUR | +160% |
Internal Auditor | 2,610 EUR | +29% |
Internal Control Adviser | 3,080 EUR | +52% |
Internal Control Officer | 1,660 EUR | -18% |
International Tax Director | 4,610 EUR | +130% |
Inventory Accountant | 2,020 EUR | -0% |
Investment Advisor | 4,850 EUR | +140% |
Investment Analyst | 3,850 EUR | +90% |
Investment Associate | 3,120 EUR | +54% |
Investment Broker | 3,190 EUR | +58% |
Investment Fund Manager | 4,030 EUR | +99% |
Investment Operations Manager | 4,130 EUR | +100% |
Investment Underwriter | 1,650 EUR | -18% |
Investor | 2,380 EUR | +18% |
Investor Relations Manager | 3,610 EUR | +78% |
KYC Team Leader | 3,550 EUR | +75% |
Loan Processor | 1,510 EUR | -25% |
Management Accountant | 2,100 EUR | +4% |
Management Economist | 4,180 EUR | +110% |
Paymaster | 1,520 EUR | -25% |
Payroll Administrator | 2,430 EUR | +20% |
Payroll Benefits Coordinator | 2,130 EUR | +5% |
Payroll Billing Manager | 3,430 EUR | +70% |
Payroll Clerk | 1,570 EUR | -22% |
Payroll Manager | 3,540 EUR | +75% |
Payroll Officer | 1,590 EUR | -21% |
Payroll Specialist | 2,050 EUR | +1% |
Payroll Supervisor | 2,410 EUR | +19% |
Pensions Administrator | 1,900 EUR | -6% |
Personal Financial Advisor | 2,850 EUR | +41% |
Pricing Analyst | 3,210 EUR | +59% |
Private Equity Analyst | 3,450 EUR | +71% |
Project Accountant | 1,950 EUR | -4% |
Proposal Development Coordinator | 1,600 EUR | -21% |
Quantitative Trader | 2,820 EUR | +39% |
Receivables Accountant | 1,670 EUR | -17% |
Regulatory Accountant | 2,090 EUR | +3% |
Retirement Plan Analyst | 3,120 EUR | +54% |
Revenue Management Specialist | 3,160 EUR | +56% |
Revenue Recognition Analyst | 3,450 EUR | +71% |
Risk Management Director | 4,510 EUR | +120% |
Risk Management Supervisor | 3,620 EUR | +79% |
Staff Accountant | 1,780 EUR | -12% |
Tax Accountant | 1,790 EUR | -12% |
Tax Administrator | 1,940 EUR | -4% |
Tax Advisor | 2,960 EUR | +46% |
Tax Analyst | 2,880 EUR | +42% |
Tax Associate | 1,570 EUR | -22% |
Tax Consultant | 2,920 EUR | +44% |
Tax Director | 4,570 EUR | +130% |
Tax Examiner | 1,910 EUR | -6% |
Tax Manager | 4,020 EUR | +99% |
Tax Research Manager | 3,920 EUR | +94% |
Teller | 1,110 EUR | -45% |
Treasury Accountant | 1,970 EUR | -3% |
Treasury Analyst | 3,180 EUR | +57% |
Underwriter | 1,280 EUR | -37% |
Underwriting Assistant | 1,300 EUR | -36% |
Vice President of Finance | 5,370 EUR | +170% |
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 Portugal is 6% on average across all career fields.
Private Sector | 2,690 EUR | |
Public Sector | +6% | 2,850 EUR |
A good and competitive compensation would range anywhere between 1,840 EUR and 2,090 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
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.
The base salary for a careers like Inventory Accountant in Portugal ranges from 1,050 EUR to 1,530 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.
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
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