Accounting manager, M.Sc. salary

Occupational Profile: Accounting Manager, Business Economist

Accounting managers, often with a degree in business economics, play a central role in companies' financial reporting and economic strategy. Their work involves overseeing the daily financial administration, analyzing financial data, and ensuring that reporting complies with laws and regulations. This role requires not only the ability to handle numbers accurately but also the ability to see larger patterns and strategic implications.

Salary Statistics and Gender Pay Gap

The average monthly salary for an Accounting Manager with a degree in business economics is 48 200 SEK. However, there is a significant difference between genders, with men earning 50 800 SEK while women earn 46 600 SEK, meaning that women earn 92% of what men do. The salary has increased from 47 800 SEK to 48 200 SEK since the last measurement, indicating a positive trend in the profession's salary development.

Education and Qualifications

To become an accounting manager, an academic degree in economics is usually required, preferably a degree in business economics. The education provides in-depth knowledge of economics, accounting, and finance, which is essential for the profession. Furthermore, having additional certifications such as a certified or authorized accountant is advantageous, although not always a requirement.

Requirements for Getting a Job

Experience in economics and accounting is often a requirement to become an accounting manager. Employers value practical experience in bookkeeping, budgeting, and financial analysis. Good knowledge of financial systems and Excel is also important. Personal qualities such as accuracy, analytical skills, and the ability to work under pressure are highly valued.

Job Description

An accounting manager handles and coordinates the organization's financial reports, manages the closing of accounts, and ensures that all financial reporting complies with applicable standards and legal requirements. They also analyze financial results to provide support to management in strategic decision-making and future planning.

Considerations

Those wishing to work as an accounting manager should be prepared for a role with great responsibility. It requires accuracy and integrity as inaccuracies can have significant consequences. It is also a position where legal changes and economic conditions can quickly change the playing field, so a willingness to constantly learn and stay updated is crucial.

Potential Benefits

The profession of an accounting manager can often entail benefits such as opportunities for further education at the company's expense, a company-paid mobile phone, and in some cases, bonuses based on the company's financial results. These benefits contribute to the attractiveness of the profession and can be important factors for potential job seekers.