Average Accounts Officer Salary in Soledad, Colombia for 2024
In this article, we will look at the average Accounts Officer salary for 2024 in Soledad and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the Colombian peso. To keep things simple, we are using the COP currency code instead of the currency symbol $.
How Much Does an Accounts Officer Make in Soledad?
An Accounts Officer working in Soledad will typically earn around 31,320,700 COP per year, and this can range from the lowest average salary of about 15,360,400 COP to the highest average salary of 48,841,700 COP.
Average Annual Salary
31,320,700 COP
Average Monthly Salary
2,610,058 COP
Lowest Annual Salary
15,360,400 COP
Lowest Monthly Salary
1,280,033 COP
Highest Annual Salary
48,841,700 COP
Highest Monthly Salary
4,070,141 COP
These are average salaries for an Accounts Officer in Soledad and include benefits such as housing and transport. It's also possible for an Accounts Officer to earn more or less than the average salaries shown above.
Accounts Officer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Accounts Officer Salaries in Soledad
So we've looked at the average salaries an Accounts Officer will earn in Soledad. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that an Accounts Officer can earn between 15,360,400 COP and 48,841,700 COP on average in Soledad. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
Median salary
The median salary for an Accounts Officer in Soledad is 31,919,300 COP. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 31,919,300 COP, and 50% of the population earn more than 31,919,300 COP.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Accounts Officer salary in Soledad, 25% of the population are earning less than 21,241,100 COP while 75% of the population earn more than 21,241,100 COP.
75% of the population earn less than 41,280,700 COP, and 25% of the population earn more than 41,280,700 COP.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Accounts Officer Salary by Experience Level in Soledad
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average accounts officer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
-
0 - 2 Years Experience. An Accounts Officer in Soledad that has less than two years of experience can expect to earn somewhere in the region of 18,239,400 COP.
-
2 - 5 Years Experience. With two to five years of experience the average Accounts Officer salary would increase to 23,399,000 COP.
-
5 - 10 Years Experience. From five to ten years of experience as an Accounts Officer, the average salary would be 32,280,500 COP.
-
10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 39,960,800 COP.
-
15 - 20 Years Experience. An Accounts Officer with 15 to 20 years of experience can earn an average of 42,839,200 COP.
-
20+ Years Experience. For an Accounts Officer with more than 20 years, the expected average salary increases to 45,719,900 COP.
Average Salary by Experience Chart
0-2 Years |
|
18,239,400 COP
|
2-5 Years |
+29% |
23,399,000 COP
|
5-10 Years |
+38% |
32,280,500 COP
|
10-15 Years |
+24% |
39,960,800 COP
|
15-20 Years |
+7% |
42,839,200 COP
|
20+ Years |
+7% |
45,719,900 COP
|
Accounts Officer Salary by Education Level in Soledad
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for an Accounts Officer in Soledad based on the education level of the employees in order to find out whether a better education level would increase your salary.
-
High School. An Accounts Officer in Soledad with a high school education can earn an average salary of 23,399,000 COP.
-
Certificate or Diploma. An Accounts Officer in Soledad with a certificate or diploma education can earn an average salary of 33,481,400 COP.
-
Bachelor's Degree. An Accounts Officer in Soledad with a bachelor's degree education can earn an average salary of 46,199,800 COP.
Average Salary by Education Chart
High School |
|
23,399,000 COP
|
Certificate or Diploma |
+43% |
33,481,400 COP
|
Bachelor's Degree |
+38% |
46,199,800 COP
|
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in Colombia is around 23,500,000 to 70,400,000 COP and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Accounts Officer Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In Soledad, a male accounts officer will earn an average of 32,519,500 COP, while a female accounts officer will earn around 30,721,900 COP.
This means that a male accounts officer earns approximately 6% more than a female accounts officer for performing the same job.
Average Salary by Gender Chart in Soledad
Male |
|
32,519,500 COP
|
Female |
-6% |
30,721,900 COP
|
Accounts Officer Average Pay Raise in Soledad
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for an Accounts Officer in Soledad is around 10% every 18 months.
The national average pay raise across all professions and industries in Colombia is around 7% every 19 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 10 ÷ 18 ) × 12 = 7%
What this means is that an Accounts Officer in Soledad can expect to receive an average pay raise of around 7% every 12 months.
Annual Pay Raise by Industry in Soledad for 2024
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Colombia.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
Banking |
|
2%
|
Energy |
|
4%
|
Information Technology |
|
6%
|
Healthcare |
|
8%
|
Travel |
|
1%
|
Construction |
|
3%
|
Education |
|
5%
|
Accounts Officer Bonus and Incentive Rates in Soledad
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
An Accounts Officer is a moderate bonus based job, with 51% of employees reporting at least one bonus in the last 12 months.
49% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.
Received Bonus |
|
51%
|
No Bonus |
|
49%
|
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
-
Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
-
Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
-
Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
-
Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in Colombia earn approximately 11% more than private sector employees in the same role.
Public Sector |
|
58,559,300 COP
|
Private Sector |
-11% |
52,800,100 COP
|
Salaries for Jobs Similar to an Accounts Officer
In the table below, we have salary information for jobs that are similar to an Accounts Officer in Soledad.
Job Title |
Category |
Salary |
Account Examiner |
Accounting and Finance |
28,078,900 COP |
Account Executive |
Accounting and Finance |
50,398,300 COP |
Accountant |
Accounting and Finance |
36,960,300 COP |
Accounting Analyst |
Accounting and Finance |
47,640,400 COP |
Accounting Assistant |
Accounting and Finance |
30,360,800 COP |
Accounting Associate |
Accounting and Finance |
27,721,300 COP |
Accounting Clerk |
Accounting and Finance |
24,000,900 COP |
Accounting Coordinator |
Accounting and Finance |
33,599,200 COP |
Accounting Head |
Accounting and Finance |
79,679,400 COP |
Accounting Manager |
Accounting and Finance |
83,759,700 COP |
Accounting Officer |
Accounting and Finance |
30,119,100 COP |
Accounting Specialist |
Accounting and Finance |
52,319,400 COP |
Accounting Supervisor |
Accounting and Finance |
52,800,100 COP |
Accounting Technician |
Accounting and Finance |
28,078,900 COP |
Accounting Unit Controller |
Accounting and Finance |
68,039,500 COP |
Accounts Executive |
Accounting and Finance |
50,759,100 COP |
Accounts Payable and Receivable Specialist |
Accounting and Finance |
41,878,100 COP |
Accounts Payable Assistant |
Accounting and Finance |
31,320,700 COP |
Accounts Payable Associate |
Accounting and Finance |
36,841,600 COP |
Accounts Payable Clerk |
Accounting and Finance |
30,721,900 COP |
Accounts Payable Manager |
Accounting and Finance |
77,399,200 COP |
Accounts Receivable Administrator |
Accounting and Finance |
55,801,900 COP |
Accounts Receivable Clerk |
Accounting and Finance |
30,479,000 COP |
Accounts Receivable Financial Analyst |
Accounting and Finance |
54,961,400 COP |
Accounts Receivable Manager |
Accounting and Finance |
75,721,000 COP |
Accounts Receivable Team Leader |
Accounting and Finance |
57,239,200 COP |
Assistant Accountant |
Accounting and Finance |
31,440,200 COP |
Assistant Accounting Manager |
Accounting and Finance |
75,721,000 COP |
Assistant Auditor |
Accounting and Finance |
38,521,100 COP |
Assistant Corporate Controller |
Accounting and Finance |
56,041,700 COP |
Assistant Finance Manager |
Accounting and Finance |
84,840,200 COP |
Assistant Financial Controller |
Accounting and Finance |
53,521,300 COP |
Audit Director |
Accounting and Finance |
92,758,800 COP |
Audit Supervisor |
Accounting and Finance |
73,681,000 COP |
Auditing Clerk |
Accounting and Finance |
31,678,800 COP |
Auditing Manager |
Accounting and Finance |
82,921,700 COP |
Billing Clerk |
Accounting and Finance |
29,161,000 COP |
Billing Coordinator |
Accounting and Finance |
36,480,500 COP |
Billing Specialist |
Accounting and Finance |
41,520,800 COP |
Billing Supervisor |
Accounting and Finance |
63,481,200 COP |
Bookkeeper |
Accounting and Finance |
25,919,400 COP |
Bookkeeping Specialist |
Accounting and Finance |
38,281,500 COP |
Budget Analyst |
Accounting and Finance |
70,920,900 COP |
Budget Manager |
Accounting and Finance |
80,640,500 COP |
Business Support Analyst |
Accounting and Finance |
43,438,200 COP |
Capital Markets Associate |
Accounting and Finance |
57,479,000 COP |
Cash Flow Analyst |
Accounting and Finance |
61,799,000 COP |
Cash Management Manager |
Accounting and Finance |
76,921,100 COP |
Cash Management Officer |
Accounting and Finance |
46,800,400 COP |
Cashbook Clerk |
Accounting and Finance |
27,960,400 COP |
Chartered Accountant |
Accounting and Finance |
49,318,100 COP |
Chief Accountant |
Accounting and Finance |
59,281,600 COP |
Collections Clerk |
Accounting and Finance |
23,759,100 COP |
Collections Representative |
Accounting and Finance |
36,121,000 COP |
Collections Specialist |
Accounting and Finance |
40,799,600 COP |
Corporate Controller |
Accounting and Finance |
62,638,300 COP |
Corporate Treasurer |
Accounting and Finance |
76,560,700 COP |
Cost Accountant |
Accounting and Finance |
41,040,700 COP |
Cost Accounting Manager |
Accounting and Finance |
75,360,300 COP |
Cost Accounting Supervisor |
Accounting and Finance |
66,119,000 COP |
Cost Analyst |
Accounting and Finance |
63,481,200 COP |
Credit and Collection Manager |
Accounting and Finance |
78,121,700 COP |
Credit and Collection Staff |
Accounting and Finance |
31,440,200 COP |
Credit and Loans Officer |
Accounting and Finance |
27,241,100 COP |
Credit Controller |
Accounting and Finance |
55,201,700 COP |
Credit Manager |
Accounting and Finance |
82,439,700 COP |
Debt Adviser |
Accounting and Finance |
67,558,400 COP |
Debt Collector |
Accounting and Finance |
31,201,500 COP |
Debtors Clerk |
Accounting and Finance |
27,960,400 COP |
Debtors Controller |
Accounting and Finance |
30,119,100 COP |
Deputy CFO |
Accounting and Finance |
106,681,000 COP |
Deputy Head of Finance |
Accounting and Finance |
105,960,300 COP |
Derivative Trader |
Accounting and Finance |
65,759,500 COP |
Director of Finance |
Accounting and Finance |
121,199,300 COP |
Economist |
Accounting and Finance |
89,398,800 COP |
Equity Analyst |
Accounting and Finance |
70,318,900 COP |
Escrow Assistant |
Accounting and Finance |
36,960,300 COP |
Executive Accountant |
Accounting and Finance |
44,280,500 COP |
External Auditor |
Accounting and Finance |
52,918,800 COP |
Finance Administrator |
Accounting and Finance |
45,361,500 COP |
Finance Analyst |
Accounting and Finance |
71,761,200 COP |
Finance Associate |
Accounting and Finance |
35,398,900 COP |
Finance Director |
Accounting and Finance |
113,999,200 COP |
Finance Executive |
Accounting and Finance |
80,278,500 COP |
Finance Licensing Clerk |
Accounting and Finance |
29,278,200 COP |
Finance Licensing Manager |
Accounting and Finance |
73,440,100 COP |
Finance Licensing Specialist |
Accounting and Finance |
43,559,400 COP |
Finance Manager |
Accounting and Finance |
113,399,400 COP |
Finance Officer |
Accounting and Finance |
36,718,100 COP |
Finance President |
Accounting and Finance |
114,599,200 COP |
Finance Relationship Manager |
Accounting and Finance |
87,600,700 COP |
Finance Release Analyst |
Accounting and Finance |
45,119,800 COP |
Finance Specialist |
Accounting and Finance |
63,599,700 COP |
Finance Team Leader |
Accounting and Finance |
84,121,400 COP |
Financial Accountant |
Accounting and Finance |
40,559,300 COP |
Financial Actuary |
Accounting and Finance |
57,961,400 COP |
Financial Administrator |
Accounting and Finance |
64,681,900 COP |
Financial Advisor |
Accounting and Finance |
73,081,700 COP |
Financial Analyst |
Accounting and Finance |
68,639,200 COP |
Financial Applications Specialist |
Accounting and Finance |
48,239,000 COP |
Financial Assistant |
Accounting and Finance |
32,519,500 COP |
Financial Associate |
Accounting and Finance |
30,600,900 COP |
Financial Associate |
Accounting and Finance |
36,480,500 COP |
Financial Claims Analyst |
Accounting and Finance |
54,719,600 COP |
Financial Claims Manager |
Accounting and Finance |
68,639,200 COP |
Financial Claims Supervisor |
Accounting and Finance |
66,720,300 COP |
Financial Clerk |
Accounting and Finance |
29,041,200 COP |
Financial Commercial Analyst |
Accounting and Finance |
54,600,600 COP |
Financial Compliance Analyst |
Accounting and Finance |
65,161,000 COP |
Financial Consultant |
Accounting and Finance |
51,719,500 COP |
Financial Controller |
Accounting and Finance |
60,958,800 COP |
Financial Controller |
Accounting and Finance |
63,241,900 COP |
Financial Coordinator |
Accounting and Finance |
38,039,000 COP |
Financial Customer Service Manager |
Accounting and Finance |
75,721,000 COP |
Financial Dealer and Broker |
Accounting and Finance |
43,438,200 COP |
Financial Director |
Accounting and Finance |
121,199,300 COP |
Financial Encoder |
Accounting and Finance |
34,441,600 COP |
Financial Manager |
Accounting and Finance |
105,358,700 COP |
Financial Manager |
Accounting and Finance |
108,600,300 COP |
Financial Operations Manager |
Accounting and Finance |
105,478,200 COP |
Financial Policy Analyst |
Accounting and Finance |
58,441,700 COP |
Financial Project Manager |
Accounting and Finance |
78,241,300 COP |
Financial Quantitative Analyst |
Accounting and Finance |
68,398,200 COP |
Financial Reporting Consultant |
Accounting and Finance |
58,079,300 COP |
Financial Reporting Manager |
Accounting and Finance |
71,999,700 COP |
Financial Section Head |
Accounting and Finance |
72,481,900 COP |
Financial Services Manager |
Accounting and Finance |
103,441,400 COP |
Financial Services Sales Agent |
Accounting and Finance |
43,680,700 COP |
Fixed Assets Administrator |
Accounting and Finance |
43,081,400 COP |
Forensic Accountant |
Accounting and Finance |
44,161,600 COP |
Fraud Detection Supervisor |
Accounting and Finance |
48,480,700 COP |
Fraud Prevention Manager |
Accounting and Finance |
84,001,900 COP |
Fund Accountant |
Accounting and Finance |
37,441,100 COP |
Grants Coordinator |
Accounting and Finance |
28,560,900 COP |
Group Financial Manager |
Accounting and Finance |
113,519,000 COP |
Internal Auditor |
Accounting and Finance |
53,040,100 COP |
Internal Control Adviser |
Accounting and Finance |
61,799,000 COP |
Internal Control Officer |
Accounting and Finance |
35,878,200 COP |
International Tax Director |
Accounting and Finance |
98,639,800 COP |
Inventory Accountant |
Accounting and Finance |
39,960,800 COP |
Investment Advisor |
Accounting and Finance |
109,678,600 COP |
Investment Analyst |
Accounting and Finance |
76,801,100 COP |
Investment Associate |
Accounting and Finance |
63,599,700 COP |
Investment Broker |
Accounting and Finance |
68,398,200 COP |
Investment Fund Manager |
Accounting and Finance |
88,681,800 COP |
Investment Operations Manager |
Accounting and Finance |
86,160,100 COP |
Investment Underwriter |
Accounting and Finance |
32,038,500 COP |
Investor |
Accounting and Finance |
48,841,700 COP |
Investor Relations Manager |
Accounting and Finance |
79,801,600 COP |
KYC Team Leader |
Accounting and Finance |
76,678,200 COP |
Loan Processor |
Accounting and Finance |
33,119,100 COP |
Management Accountant |
Accounting and Finance |
44,398,300 COP |
Management Economist |
Accounting and Finance |
92,400,700 COP |
Paymaster |
Accounting and Finance |
30,479,000 COP |
Payroll Administrator |
Accounting and Finance |
50,281,100 COP |
Payroll Benefits Coordinator |
Accounting and Finance |
43,559,400 COP |
Payroll Billing Manager |
Accounting and Finance |
75,360,300 COP |
Payroll Clerk |
Accounting and Finance |
34,799,800 COP |
Payroll Manager |
Accounting and Finance |
69,241,100 COP |
Payroll Officer |
Accounting and Finance |
34,078,800 COP |
Payroll Specialist |
Accounting and Finance |
42,719,800 COP |
Payroll Supervisor |
Accounting and Finance |
50,759,100 COP |
Pensions Administrator |
Accounting and Finance |
42,000,700 COP |
Personal Financial Advisor |
Accounting and Finance |
59,040,700 COP |
Pricing Analyst |
Accounting and Finance |
62,879,900 COP |
Private Equity Analyst |
Accounting and Finance |
71,641,100 COP |
Project Accountant |
Accounting and Finance |
42,119,100 COP |
Proposal Development Coordinator |
Accounting and Finance |
35,279,300 COP |
Receivables Accountant |
Accounting and Finance |
37,441,100 COP |
Regulatory Accountant |
Accounting and Finance |
41,520,800 COP |
Retirement Plan Analyst |
Accounting and Finance |
62,638,300 COP |
Revenue Management Specialist |
Accounting and Finance |
68,281,500 COP |
Revenue Recognition Analyst |
Accounting and Finance |
69,479,600 COP |
Risk Management Director |
Accounting and Finance |
94,321,200 COP |
Risk Management Supervisor |
Accounting and Finance |
81,359,100 COP |
Staff Accountant |
Accounting and Finance |
36,240,700 COP |
Tax Accountant |
Accounting and Finance |
39,241,100 COP |
Tax Administrator |
Accounting and Finance |
44,161,600 COP |
Tax Advisor |
Accounting and Finance |
59,158,300 COP |
Tax Analyst |
Accounting and Finance |
62,041,800 COP |
Tax Associate |
Accounting and Finance |
33,481,400 COP |
Tax Consultant |
Accounting and Finance |
61,199,900 COP |
Tax Director |
Accounting and Finance |
93,239,900 COP |
Tax Examiner |
Accounting and Finance |
40,439,700 COP |
Tax Manager |
Accounting and Finance |
79,679,400 COP |
Tax Research Manager |
Accounting and Finance |
83,521,700 COP |
Teller |
Accounting and Finance |
23,040,200 COP |
Treasury Accountant |
Accounting and Finance |
41,280,700 COP |
Treasury Analyst |
Accounting and Finance |
64,560,300 COP |
Underwriter |
Accounting and Finance |
26,639,300 COP |
Underwriting Assistant |
Accounting and Finance |
26,280,300 COP |
Vice President of Finance |
Accounting and Finance |
107,761,600 COP |
Salary Comparison by City
If you want to compare salaries with different cities in Colombia, you can use the links below to explore the data for each specific city we have researched.
City |
Average Salary |
Barranquilla |
31,919,300 COP |
Bello |
31,440,200 COP |
Bogota |
34,919,600 COP |
Bucaramanga |
31,081,900 COP |
Buenaventura |
28,318,900 COP |
Cartagena |
31,919,300 COP |
Cucuta |
31,919,300 COP |
Ibague |
32,639,300 COP |
Manizales |
27,721,300 COP |
Medellin |
34,919,600 COP |
Monteria |
30,479,000 COP |
Neiva |
30,119,100 COP |
Pereira |
29,881,100 COP |
Santa Marta |
31,081,900 COP |
Soacha |
31,320,700 COP |
Valledupar |
30,479,000 COP |
Villavicencio |
30,479,000 COP |