Accounting Manager Salary in Cologne, DE
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How much does an Accounting Manager make in Cologne, DE? The average Accounting Manager salary in Cologne, DE is €111,759 as of March 23, 2021, but the range typically falls between €99,666 and €127,595. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost an Accounting Manager Salary
Mastering key skills can significantly increase your earning potential as an Accounting Manager. According to Salary.com's Real-time Job Posting Data, expertise in Customer Service can lead to a 2% salary raise, while strong Bookkeeping skills boost pay by a 3%. Even Technical Accounting can result in a 1% salary increase.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Customer Service
Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Bookkeeping
Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation. There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these may be viewed as "real" bookkeeping, any process for recording financial transactions is a bookkeeping process. Bookkeeping is the work of a bookkeeper (or book-keeper), who records the day-to-day financial transactions of a business. They usually write the daybooks (which contain records of sales, purchases, receipts, and payments), and document each financial transaction, whether cash or credit, into the correct daybook—that is, petty cash book, suppliers ledger, customer ledger, etc.—and the general ledger. Thereafter, an accountant can create financial reports from the information recorded by the bookkeeper.
Technical Accounting
Technical accounting involves completing accounting and financial duties that require more advanced technical skills and knowledge.
More Skills...
Based on recent job listings, in-demand skills in the Accounting Manager field include Customer Service (2%), Bookkeeping (3%), and Technical Accounting (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| €113,994 |
Customer Service
€113,994
|
2%
|
|
| €115,111 |
Bookkeeping
€115,111
|
3%
|
|
| €112,876 |
Technical Accounting
€112,876
|
1%
|
What does an Accounting Manager do?
Accounting Manager
Czestochowa, PL
Supervise GL Staff and Senior Accountants.
12/29/2020
Accounting Manager
Juarez, MX
Supervise a staff of 3-4 project accountants.
12/27/2020
Accounting Manager
Osaka, JP
Supervise, coach and mentor all levels of staff.
03/14/2021
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Career Path for Accounting Manager
About Cologne, Germany
The metropolitan area encompasses over 405 square kilometres (156 square miles), extending around a central point that lies at 50° 56' 33 latitude and 6° 57' 32 longitude. The city's highest point is 118 m (387 ft) above sea level (the Monte Troodelöh) and its lowest point is 37.5 m (123 ft 0 in) above sea level (the Worringer Bruch). The city of Cologne lies within the larger area of the Cologne Lowland, a cone-shaped area of the central Rhineland that lies between Bonn, Aachen and Düsseldorf....
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Accounting Manager Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Rhine-Ruhr, DE |
Compared to national average
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| City, Country Stuttgart, DE |
Compared to national average
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| City, Country Dusseldorf, DE |
Compared to national average
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| City, Country Cologne, DE |
Compared to national average
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| City, Country Bremen/Oldenburg, DE |
Compared to national average
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| City, Country Frankfurt/Rhine-Main, DE |
Compared to national average
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Employees with Accounting Manager in their job title in Cologne, DE earn an average of 10.5% more than the national average. The lower salaries can be found in Rhine-Ruhr, DE (3.5% less), Dusseldorf, DE (0.7% less).
Similar Jobs to Accounting Manager in Cologne, DE
Loading results...
| Job Title | Location | Salary Range in EUR |
|---|---|---|
| Job Title Accounting Clerk I | Location Cologne, DE |
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| Job Title Accounting Clerk III | Location Cologne, DE |
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| Job Title Accounting Operations Manager | Location Cologne, DE |
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| Job Title Accounting Supervisor | Location Cologne, DE |
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| Job Title Cost Accounting Manager | Location Cologne, DE |
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Understand the base salary paid range for an Accounting Manager in Cologne, DE
Average Base Salary
Core compensation
99666
127595
The chart shows the base salary for Accounting Manager in Cologne ranges from €99,666 to €127,595 with the average base salary of €111,759. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Accounting Manager may get paid difference by industry, location, and factors.
Accounting Manager Frequently Asked Questions
Can I expect to receive a higher salary for the position of Accounting Manager in Cologne than for the same job in Rhine-Ruhr in the Germany?
On average, an Accounting Manager, working in Cologne, Germany, would generally get a higher salary than those working in the city of Rhine-Ruhr. The larger cities in the DE typically provide numerous opportunities for Accounting Manager Jobs. Since Cologne, Germany is an attractive place to work for many professions, Accounting Manager Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location.
March 23, 2021
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What is the salary range for an Accounting Manager in Cologne, Germany? What is the average hourly rate?
The average salary for an Accounting Manager in Cologne, Germany is €111,759 per year. The salary range for an Accounting Manager is between €99,666 and €127,595. While we are seeing hourly wages as high as €61 and as low as €48, the majority of Accounting Managers are currently paid an average of €54 in Cologne, Germany. The average salary pay range for an Accounting Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Accounting Manager in Cologne, Germany can differ based on any or all of these varying factors.
March 23, 2021
salary.com
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Besides the base pay, what other benefits might be negotiable when considering an Accounting Manager job? What common items are generally included in a total compensation package?
A total compensation package consists of base pay or salary and all other types of pay and benefits that an Accounting Manager working in Cologne, Germany will receive in exchange for their job. Some common items included in the total compensation of an Accounting Manager working in the Cologne, Germany are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Cologne, Germany might also offer long-term incentives such as stock options or stock grants for Accounting Managers. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you.
March 23, 2021
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Last Update: March 23, 2021