How much does an accountant get paid in Portugal

An accountant plays a crucial role in a company's financial management, being responsible for recording, analysing and interpreting financial transactions. Their duties include preparing financial reports, ensuring tax compliance, and providing financial advice to support strategic decision-making.

THE AVERAGE SALARY OF AN ACCOUNTANT

The salary of an accountant in Portugal can vary significantly based on several factors:

• Experience: Accountants with more years of experience generally receive higher salaries due to their knowledge and skills accumulated over the years.
• Location: Accountants working in metropolitan areas or regions with a higher cost of living may receive higher salaries compared to rural areas.
• Industry: The industry in which an accountant works can affect their salary. For example, accountants who work in larger or multinational companies tend to earn more than those who work in small companies or accounting offices.
• Training and Certifications: Accountants with professional certifications or additional credentials generally have the potential to earn higher salaries.

In general terms, an accountant's salary in Portugal can vary between €20,000 and €40,000 per year. However, these figures are approximate and can be higher or lower depending on the factors mentioned above.

Importance of considering other benefits

In addition to the basic salary, as in many other professions, there are companies that offer additional benefits to accountants, such as health insurance, pension plans, annual bonuses, and meal allowances. Therefore, when evaluating an accountant's total salary, it is crucial to consider these additional benefits.

COMPARING SALARIES IN ACCOUNTING

As well as varying according to the factors mentioned above, salaries in the accounting field in Portugal also vary according to the specialisation and qualifications of each professional. Here's an overview of common salary ranges for accounting professionals in Portugal:

Accounting Assistant

An entry-level accounting assistant in Portugal can earn on average between €700 and €1,000 per month.

Junior Certified Accountant

This professional can expect an average salary of between €1,000 and €1,500 per month, with the potential to increase with experience.

Senior Certified Accountant

For a certified accountant with more experience and responsibilities, the average salary can vary between €1,500 and €2,500 per month.

Finance Director / Accounting Manager

Professionals with leadership positions, such as Finance Directors or Accounting Managers, can have higher salaries, ranging from €2,500 to €5,000 per month or more, depending on the size of the company.

Tax Consultant / Financial Auditor

These specialised professionals can have higher salaries, with pay ranging on average from €2,000 to €4,000 per month, or even more, depending on experience and specialisation. 

It's important to bear in mind that these figures are approximate and can vary according to various factors. In addition, the country's current economic context and the sector in which they work directly influence the salaries of these professionals. What we do know today is that the accounting labour market in Portugal is highly competitive and growing, supported by companies that are also developing.

If you need help finding a job in accounting, don't hesitate to contact Fed Finance. As a company specialising in finance and accounting, we provide all the support you need to find a job in this area, answering any questions you may have about the jobs available and accompanying you through the entire employability process from start to finish, in a personalised way tailored to each candidate. To contact us, simply fill in the form and we'll get back to you.