Accounts Payable and Receivable Specialist Average Salary in Rio de Janeiro 2024
How much money does a person working as Accounts Payable and Receivable Specialist make in Rio de Janeiro?
LOW
3,280
BRL AVERAGE
7,130
BRL HIGH
11,300
BRL
A person working as Accounts Payable and Receivable Specialist in Rio de Janeiro typically earns around 7,130 BRL. Salaries range from 3,280 BRL (lowest) to 11,300 BRL (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Accounts Payable and Receivable Specialist salaries in Rio de Janeiro vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Accounts Payable and Receivable Specialist Pay Scale and Salaries in Rio de Janeiro
Salary Structure and Pay Scale Comparison
6,760 BRL or more
5,920 to 6,760 BRL
4,080 BRL or less
4,080 to 5,920 BRL
 3,280 BRL |
6,810 BRL |
11,300 BRL |
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 Accounts Payable and Receivable Specialist in Rio de Janeiro range from 3,280 BRL (starting salary) to 11,300 BRL (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 6,810 BRL, half of the professionals who work as Accounts Payable and Receivable Specialist in Rio de Janeiro 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 Accounts Payable and Receivable Specialist in Rio de Janeiro earn less than 5,490 BRL, while 75% earn more. Similarly, the chart shows that 75% earn less than 7,850 BRL 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 Accounts Payable and Receivable Specialist in Rio de Janeiro compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 4,080 BRL to 5,920 BRL. About 20% of salaries are below the 4,080 BRL mark, while 10% fall within the range of 5,920 BRL to 6,760 BRL. Only 5% of individuals have salaries exceeding 6,760 BRL.
Salary Comparison by Years of Experience / Accounts Payable and Receivable Specialist / Rio de Janeiro
How do experience and age affect pay?
| 0 - 2 Years | 3,720 BRL | |
| 2 - 5 Years | +34% | 4,970 BRL |
| 5 - 10 Years | +48% | 7,350 BRL |
| 10 - 15 Years | +22% | 8,960 BRL |
| 15 - 20 Years | +9% | 9,760 BRL |
| 20+ Years | +8% | 10,600 BRL |
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 Accounts Payable and Receivable Specialist and this is what we found.
Employees with less than two years of experience earn approximately 3,720 BRL.
While someone with an experience level between two and five years is expected to earn 4,970 BRL, 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 7,350 BRL, 48% 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 8,960 BRL, 22% 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 9,760 BRL, 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 10,600 BRL, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Accounts Payable and Receivable Specialist / Rio de Janeiro
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Accounts Payable and Receivable Specialist.
| High School | 4,570 BRL | |
| Certificate or Diploma | +18% | 5,370 BRL |
| Bachelor's Degree | +45% | 7,790 BRL |
| Master's Degree | +31% | 10,200 BRL |
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 Accounts Payable and Receivable Specialist in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 4,570 BRL.
Level 2: Certificate or Diploma
At this level, the average salary becomes 5,370 BRL, 18% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 7,790 BRL, 45% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 10,200 BRL, 31% 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 Brazil costs anywhere from 43,000 BRL to 129,000 BRL 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 / Accounts Payable and Receivable Specialist / Rio de Janeiro
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 Accounts Payable and Receivable Specialist in Brazil, the average difference between the salary of male and female employees is 10%.
| Male | 6,150 BRL | |
| Female | -9% | 5,600 BRL |
Salary Comparison By Gender in Brazil for all Careers
Average Annual Salary Increment Percentage / Accounts Payable and Receivable Specialist / Rio de Janeiro
How much are annual salary increments in Rio de Janeiro for individuals working as Accounts Payable and Receivable Specialist? How often do employees get salary raises?
Individuals working as Accounts Payable and Receivable Specialist in Brazil are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
Brazil / 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 / Accounts Payable and Receivable Specialist / Brazil
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/brazil/accounting-and-finance/accounts-payable-and-receivable-specialist/annual-salary-bonus-rate-brazil-accounts-payable-and-receivable-specialist.jpg
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
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 / Accounts Payable and Receivable Specialist / Rio de Janeiro
41 BRL per hourThe average hourly wage (pay per hour) for individuals working as Accounts Payable and Receivable Specialist in Rio de Janeiro is 41 BRL.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 Accounts Payable and Receivable Specialist in Rio de Janeiro is 19 BRL. 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 | 5,110 BRL | -28% |
| Account Executive | 9,060 BRL |  +27% |
| Accountant | 6,890 BRL | -3% |
| Accounting Analyst | 8,250 BRL | +16% |
| Accounting Assistant | 5,180 BRL | -27% |
| Accounting Associate | 5,130 BRL | -28% |
| Accounting Clerk | 4,150 BRL | -42% |
| Accounting Coordinator | 6,130 BRL | -14% |
| Accounting Head | 14,300 BRL | +100% |
| Accounting Manager | 14,700 BRL | +110% |
| Accounting Officer | 5,290 BRL | -26% |
| Accounting Specialist | 9,310 BRL | +31% |
| Accounting Supervisor | 9,070 BRL | +27% |
| Accounting Technician | 4,590 BRL | -36% |
| Accounting Unit Controller | 11,900 BRL | +67% |
| Accounts Executive | 9,090 BRL | +28% |
| Accounts Officer | 5,170 BRL | -27% |
| Accounts Payable and Receivable Specialist | 7,130 BRL | +0% |
| Accounts Payable Assistant | 5,750 BRL | -19% |
| Accounts Payable Associate | 6,240 BRL | -12% |
| Accounts Payable Clerk | 4,950 BRL | -31% |
| Accounts Payable Manager | 14,000 BRL | +96% |
| Accounts Receivable Administrator | 9,740 BRL | +37% |
| Accounts Receivable Clerk | 5,070 BRL | -29% |
| Accounts Receivable Financial Analyst | 9,930 BRL | +39% |
| Accounts Receivable Manager | 12,700 BRL | +78% |
| Accounts Receivable Team Leader | 10,500 BRL | +47% |
| Algorithmic Trading Specialist | 12,300 BRL | +73% |
| Assistant Accountant | 5,150 BRL | -28% |
| Assistant Accounting Manager | 13,000 BRL | +82% |
| Assistant Auditor | 6,760 BRL | -5% |
| Assistant Corporate Controller | 9,400 BRL | +32% |
| Assistant Finance Manager | 13,600 BRL | +91% |
| Assistant Financial Controller | 9,770 BRL | +37% |
| Audit Director | 16,500 BRL | +130% |
| Audit Supervisor | 12,000 BRL | +68% |
| Auditing Clerk | 5,170 BRL | -27% |
| Auditing Manager | 14,300 BRL | +100% |
| Billing Clerk | 5,080 BRL | -29% |
| Billing Coordinator | 6,450 BRL | -10% |
| Billing Specialist | 7,330 BRL | +3% |
| Billing Supervisor | 10,300 BRL | +44% |
| Bookkeeper | 4,730 BRL | -34% |
| Bookkeeping Specialist | 6,260 BRL | -12% |
| Budget Analyst | 11,900 BRL | +67% |
| Budget Manager | 13,700 BRL | +92% |
| Business Support Analyst | 7,620 BRL | +7% |
| Capital Markets Associate | 10,700 BRL | +50% |
| Cash Flow Analyst | 10,700 BRL | +50% |
| Cash Management Manager | 13,400 BRL | +88% |
| Cash Management Officer | 7,490 BRL | +5% |
| Cashbook Clerk | 4,870 BRL | -32% |
| Chartered Accountant | 8,860 BRL | +24% |
| Chief Accountant | 10,200 BRL | +43% |
| Chief Financial Technology Officer | 14,800 BRL | +110% |
| Collections Clerk | 4,060 BRL | -43% |
| Collections Representative | 5,890 BRL | -17% |
| Collections Specialist | 7,120 BRL | -0% |
| Corporate Controller | 10,800 BRL | +51% |
| Corporate Treasurer | 13,400 BRL | +88% |
| Cost Accountant | 6,850 BRL | -4% |
| Cost Accounting Manager | 13,300 BRL | +87% |
| Cost Accounting Supervisor | 11,100 BRL | +56% |
| Cost Analyst | 11,400 BRL | +60% |
| Credit and Collection Manager | 13,300 BRL | +87% |
| Credit and Collection Staff | 5,210 BRL | -27% |
| Credit and Loans Officer | 4,960 BRL | -30% |
| Credit Controller | 9,400 BRL | +32% |
| Credit Manager | 13,700 BRL | +92% |
| Debt Adviser | 11,500 BRL | +61% |
| Debt Collector | 5,410 BRL | -24% |
| Debtors Clerk | 4,960 BRL | -30% |
| Debtors Controller | 5,290 BRL | -26% |
| Deputy CFO | 18,600 BRL | +160% |
| Deputy Head of Finance | 19,000 BRL | +170% |
| Derivative Trader | 11,300 BRL | +59% |
| Director of Finance | 19,900 BRL | +180% |
| E-commerce Accountant | 6,880 BRL | -3% |
| Economist | 16,400 BRL | +130% |
| Equity Analyst | 12,500 BRL | +75% |
| Escrow Assistant | 6,260 BRL | -12% |
| Executive Accountant | 7,890 BRL | +11% |
| External Auditor | 9,270 BRL | +30% |
| Finance Administrator | 7,740 BRL | +9% |
| Finance Analyst | 12,600 BRL | +77% |
| Finance Associate | 6,130 BRL | -14% |
| Finance Data Analyst | 11,600 BRL | +63% |
| Finance Director | 20,000 BRL | +180% |
| Finance Executive | 14,100 BRL | +98% |
| Finance Licensing Clerk | 5,010 BRL | -30% |
| Finance Licensing Manager | 12,800 BRL | +80% |
| Finance Licensing Specialist | 7,680 BRL | +8% |
| Finance Manager | 20,200 BRL | +180% |
| Finance Officer | 6,380 BRL | -11% |
| Finance President | 20,300 BRL | +180% |
| Finance Relationship Manager | 15,700 BRL | +120% |
| Finance Release Analyst | 8,240 BRL | +16% |
| Finance Specialist | 11,500 BRL | +61% |
| Finance Team Leader | 15,300 BRL | +110% |
| Financial Accountant | 7,100 BRL | -0% |
| Financial Actuary | 10,000 BRL | +40% |
| Financial Administrator | 11,100 BRL | +56% |
| Financial Advisor | 12,100 BRL | +70% |
| Financial Analyst | 12,900 BRL | +81% |
| Financial Applications Specialist | 8,580 BRL | +20% |
| Financial Assistant | 5,310 BRL | -26% |
| Financial Associate | 6,760 BRL | -5% |
| Financial Claims Analyst | 9,010 BRL | +26% |
| Financial Claims Manager | 12,700 BRL | +78% |
| Financial Claims Supervisor | 11,300 BRL | +59% |
| Financial Clerk | 5,330 BRL | -25% |
| Financial Commercial Analyst | 10,200 BRL | +43% |
| Financial Compliance Analyst | 10,600 BRL | +49% |
| Financial Compliance Officer | 10,900 BRL | +53% |
| Financial Consultant | 9,300 BRL | +30% |
| Financial Controller | 10,800 BRL | +51% |
| Financial Coordinator | 6,050 BRL | -15% |
| Financial Customer Service Manager | 12,800 BRL | +80% |
| Financial Data Scientist | 12,300 BRL | +73% |
| Financial Dealer and Broker | 7,290 BRL | +2% |
| Financial Director | 20,600 BRL | +190% |
| Financial Encoder | 6,050 BRL | -15% |
| Financial Manager | 18,800 BRL | +160% |
| Financial Modelling Analyst | 12,600 BRL | +77% |
| Financial Operations Manager | 17,400 BRL | +140% |
| Financial Policy Analyst | 11,000 BRL | +54% |
| Financial Project Manager | 13,800 BRL | +94% |
| Financial Quantitative Analyst | 11,500 BRL | +61% |
| Financial Reporting Consultant | 9,980 BRL | +40% |
| Financial Reporting Manager | 13,600 BRL | +91% |
| Financial Section Head | 12,500 BRL | +75% |
| Financial Services Manager | 18,100 BRL | +150% |
| Financial Services Sales Agent | 7,570 BRL | +6% |
| Financial Technology Consultant | 10,600 BRL | +49% |
| Financial Wellness Coach | 14,700 BRL | +110% |
| FinTech Analyst | 11,900 BRL | +67% |
| Fixed Assets Administrator | 7,120 BRL | -0% |
| Forensic Accountant | 7,940 BRL | +11% |
| Fraud Detection Supervisor | 8,320 BRL | +17% |
| Fraud Prevention Manager | 14,600 BRL | +100% |
| Fund Accountant | 6,600 BRL | -7% |
| Grants Coordinator | 5,280 BRL | -26% |
| Green Finance Analyst | 10,600 BRL | +49% |
| Group Financial Manager | 18,900 BRL | +170% |
| Internal Auditor | 9,410 BRL | +32% |
| Internal Control Adviser | 10,600 BRL | +49% |
| Internal Control Officer | 6,240 BRL | -12% |
| International Tax Director | 16,400 BRL | +130% |
| Inventory Accountant | 6,940 BRL | -3% |
| Investment Advisor | 17,800 BRL | +150% |
| Investment Analyst | 13,900 BRL | +95% |
| Investment Associate | 11,000 BRL | +54% |
| Investment Broker | 11,400 BRL | +60% |
| Investment Fund Manager | 15,500 BRL | +120% |
| Investment Operations Manager | 14,500 BRL | +100% |
| Investment Underwriter | 5,680 BRL | -20% |
| Investor | 9,230 BRL | +29% |
| Investor Relations Manager | 13,800 BRL | +94% |
| KYC Team Leader | 13,100 BRL | +84% |
| Loan Processor | 5,850 BRL | -18% |
| Management Accountant | 7,480 BRL | +5% |
| Management Economist | 16,000 BRL | +120% |
| Paymaster | 5,690 BRL | -20% |
| Payroll Administrator | 8,980 BRL | +26% |
| Payroll Benefits Coordinator | 7,650 BRL | +7% |
| Payroll Billing Manager | 12,200 BRL | +71% |
| Payroll Clerk | 5,710 BRL | -20% |
| Payroll Manager | 12,700 BRL | +78% |
| Payroll Officer | 6,170 BRL | -13% |
| Payroll Specialist | 7,090 BRL | -1% |
| Payroll Supervisor | 8,540 BRL | +20% |
| Pensions Administrator | 7,280 BRL | +2% |
| Personal Financial Advisor | 9,700 BRL | +36% |
| Pricing Analyst | 11,600 BRL | +63% |
| Private Equity Analyst | 12,400 BRL | +74% |
| Project Accountant | 7,200 BRL | +1% |
| Proposal Development Coordinator | 6,120 BRL | -14% |
| Quantitative Trader | 9,770 BRL | +37% |
| Receivables Accountant | 6,410 BRL | -10% |
| Regulatory Accountant | 7,820 BRL | +10% |
| Retirement Plan Analyst | 10,800 BRL | +51% |
| Revenue Management Specialist | 11,900 BRL | +67% |
| Revenue Recognition Analyst | 12,800 BRL | +80% |
| Risk Management Director | 16,800 BRL | +140% |
| Risk Management Supervisor | 13,300 BRL | +87% |
| Staff Accountant | 6,250 BRL | -12% |
| Tax Accountant | 6,400 BRL | -10% |
| Tax Administrator | 7,080 BRL | -1% |
| Tax Advisor | 10,600 BRL | +49% |
| Tax Analyst | 10,200 BRL | +43% |
| Tax Associate | 6,100 BRL | -14% |
| Tax Consultant | 11,300 BRL | +59% |
| Tax Director | 15,800 BRL | +120% |
| Tax Examiner | 7,320 BRL | +3% |
| Tax Manager | 14,600 BRL | +100% |
| Tax Research Manager | 14,000 BRL | +96% |
| Teller | 3,940 BRL | -45% |
| Treasury Accountant | 7,160 BRL | +0% |
| Treasury Analyst | 10,800 BRL | +51% |
| Underwriter | 4,710 BRL | -34% |
| Underwriting Assistant | 4,700 BRL | -34% |
| Vice President of Finance | 18,500 BRL | +160% |
Salary Comparison By City
| City | Average Salary |
| Brasilia | 7,200 BRL |
| Rio de Janeiro | 7,130 BRL |
| Sao Paulo | 6,700 BRL |
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 Brazil is 6% on average across all career fields.
| Private Sector | 8,360 BRL | |
| Public Sector | +6% | 8,880 BRL |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Accounts Payable and Receivable Specialist in Rio de Janeiro?
A good and competitive compensation would range anywhere between 6,810 BRL and 7,850 BRL. 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 Accounts Payable and Receivable Specialist in Rio de Janeiro ranges from 3,280 BRL to 5,490 BRL. 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
