Average Accounts Receivable Administrator Salary in Denmark for 2024

In this article, we will look at the average Accounts Receivable Administrator salary for 2024 in Denmark 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 Danish krone. To keep things simple, we are using the DKK currency code instead of the currency symbol kr.

How Much Does an Accounts Receivable Administrator Make in Denmark?

An Accounts Receivable Administrator working in Denmark will typically earn around 513,300 DKK per year, and this can range from the lowest average salary of about 249,600 DKK to the highest average salary of 799,300 DKK.

Average Annual Salary
513,300 DKK
Average Monthly Salary
42,775 DKK

Lowest Annual Salary
249,600 DKK
Lowest Monthly Salary
20,800 DKK

Highest Annual Salary
799,300 DKK
Highest Monthly Salary
66,608 DKK

These are average salaries for an Accounts Receivable Administrator in Denmark and include benefits such as housing and transport. It's also possible for an Accounts Receivable Administrator to earn more or less than the average salaries shown above.

Accounts Receivable Administrator 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 Receivable Administrator Salaries in Denmark

So we've looked at the average salaries an Accounts Receivable Administrator will earn in Denmark. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Accounts Receivable Administrator can earn between 249,600 DKK and 799,300 DKK on average in Denmark. 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 Receivable Administrator in Denmark is 524,400 DKK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 524,400 DKK, and 50% of the population earn more than 524,400 DKK.

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 Receivable Administrator salary in Denmark, 25% of the population are earning less than 349,300 DKK while 75% of the population earn more than 349,300 DKK.

75% of the population earn less than 675,100 DKK, and 25% of the population earn more than 675,100 DKK.

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 Receivable Administrator Salary by Experience Level in Denmark

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 receivable administrator 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 Receivable Administrator in Denmark that has less than two years of experience can expect to earn somewhere in the region of 299,500 DKK.
  • 2 - 5 Years Experience. With two to five years of experience the average Accounts Receivable Administrator salary would increase to 384,200 DKK.
  • 5 - 10 Years Experience. From five to ten years of experience as an Accounts Receivable Administrator, the average salary would be 528,500 DKK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 653,200 DKK.
  • 15 - 20 Years Experience. An Accounts Receivable Administrator with 15 to 20 years of experience can earn an average of 701,400 DKK.
  • 20+ Years Experience. For an Accounts Receivable Administrator with more than 20 years, the expected average salary increases to 746,600 DKK.

Average Salary by Experience Chart

0-2 Years
299,500 DKK
2-5 Years +29%
384,200 DKK
5-10 Years +38%
528,500 DKK
10-15 Years +24%
653,200 DKK
15-20 Years +7%
701,400 DKK
20+ Years +7%
746,600 DKK

Accounts Receivable Administrator Salary by Education Level in Denmark

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 Receivable Administrator in Denmark 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 Receivable Administrator in Denmark with a high school education can earn an average salary of 371,100 DKK.

  • Certificate or Diploma. An Accounts Receivable Administrator in Denmark with a certificate or diploma education can earn an average salary of 428,400 DKK.

  • Bachelor's Degree. An Accounts Receivable Administrator in Denmark with a bachelor's degree education can earn an average salary of 575,100 DKK.

  • Master's Degree. An Accounts Receivable Administrator in Denmark with a master's degree education can earn an average salary of 724,300 DKK.

Average Salary by Education Chart

High School
371,100 DKK
Certificate or Diploma +15%
428,400 DKK
Bachelor's Degree +35%
575,100 DKK
Master's Degree +26%
724,300 DKK

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 Denmark is around 203,000 to 610,000 DKK 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 Receivable Administrator 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 Denmark, a male accounts receivable administrator will earn an average of 524,400 DKK, while a female accounts receivable administrator will earn around 502,200 DKK.

This means that a male accounts receivable administrator earns approximately 4% more than a female accounts receivable administrator for performing the same job.

Average Salary by Gender Chart in Denmark

Male
524,400 DKK
Female -4%
502,200 DKK

Accounts Receivable Administrator Average Pay Raise in Denmark

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 Receivable Administrator in Denmark is around 12% every 15 months.

The national average pay raise across all professions and industries in Denmark is around 9% every 15 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 = ( 12 ÷ 15 ) × 12  = 10%

What this means is that an Accounts Receivable Administrator in Denmark can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Denmark for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Denmark.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Accounts Receivable Administrator Bonus and Incentive Rates in Denmark

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 Receivable Administrator is a moderate bonus based job, with 57% of employees reporting at least one bonus in the last 12 months.

43% 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
57%
No Bonus
43%

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 Denmark earn approximately 6% more than private sector employees in the same role.

Public Sector
502,200 DKK
Private Sector -6%
472,100 DKK

Salaries for Jobs Similar to an Accounts Receivable Administrator

In the table below, we have salary information for jobs that are similar to an Accounts Receivable Administrator in Denmark.

Job Title Category Salary
Account Examiner Accounting and Finance 252,300 DKK
Account Executive Accounting and Finance 448,500 DKK
Accountant Accounting and Finance 341,400 DKK
Accounting Analyst Accounting and Finance 397,900 DKK
Accounting Assistant Accounting and Finance 258,400 DKK
Accounting Associate Accounting and Finance 233,600 DKK
Accounting Clerk Accounting and Finance 204,000 DKK
Accounting Coordinator Accounting and Finance 305,600 DKK
Accounting Head Accounting and Finance 709,600 DKK
Accounting Manager Accounting and Finance 727,400 DKK
Accounting Officer Accounting and Finance 254,800 DKK
Accounting Specialist Accounting and Finance 448,500 DKK
Accounting Supervisor Accounting and Finance 454,900 DKK
Accounting Technician Accounting and Finance 240,500 DKK
Accounting Unit Controller Accounting and Finance 576,500 DKK
Accounts Executive Accounting and Finance 453,200 DKK
Accounts Officer Accounting and Finance 273,000 DKK
Accounts Payable and Receivable Specialist Accounting and Finance 348,300 DKK
Accounts Payable Assistant Accounting and Finance 265,000 DKK
Accounts Payable Associate Accounting and Finance 315,700 DKK
Accounts Payable Clerk Accounting and Finance 243,000 DKK
Accounts Payable Manager Accounting and Finance 683,800 DKK
Accounts Receivable Clerk Accounting and Finance 246,500 DKK
Accounts Receivable Financial Analyst Accounting and Finance 487,600 DKK
Accounts Receivable Manager Accounting and Finance 683,800 DKK
Accounts Receivable Team Leader Accounting and Finance 489,600 DKK
Assistant Accountant Accounting and Finance 265,000 DKK
Assistant Accounting Manager Accounting and Finance 625,000 DKK
Assistant Auditor Accounting and Finance 341,900 DKK
Assistant Corporate Controller Accounting and Finance 437,900 DKK
Assistant Finance Manager Accounting and Finance 695,400 DKK
Assistant Financial Controller Accounting and Finance 459,700 DKK
Audit Director Accounting and Finance 757,300 DKK
Audit Supervisor Accounting and Finance 638,700 DKK
Auditing Clerk Accounting and Finance 273,000 DKK
Auditing Manager Accounting and Finance 680,100 DKK
Billing Clerk Accounting and Finance 267,100 DKK
Billing Coordinator Accounting and Finance 307,400 DKK
Billing Specialist Accounting and Finance 359,900 DKK
Billing Supervisor Accounting and Finance 535,900 DKK
Bookkeeper Accounting and Finance 222,300 DKK
Bookkeeping Specialist Accounting and Finance 330,700 DKK
Budget Analyst Accounting and Finance 555,800 DKK
Budget Manager Accounting and Finance 706,200 DKK
Business Support Analyst Accounting and Finance 385,300 DKK
Capital Markets Associate Accounting and Finance 535,800 DKK
Cash Flow Analyst Accounting and Finance 492,700 DKK
Cash Management Manager Accounting and Finance 688,900 DKK
Cash Management Officer Accounting and Finance 384,200 DKK
Cashbook Clerk Accounting and Finance 238,900 DKK
Chartered Accountant Accounting and Finance 451,000 DKK
Chief Accountant Accounting and Finance 485,300 DKK
Collections Clerk Accounting and Finance 207,800 DKK
Collections Representative Accounting and Finance 307,400 DKK
Collections Specialist Accounting and Finance 357,300 DKK
Corporate Controller Accounting and Finance 528,600 DKK
Corporate Treasurer Accounting and Finance 669,100 DKK
Cost Accountant Accounting and Finance 330,900 DKK
Cost Accounting Manager Accounting and Finance 667,400 DKK
Cost Accounting Supervisor Accounting and Finance 566,900 DKK
Cost Analyst Accounting and Finance 565,100 DKK
Credit and Collection Manager Accounting and Finance 684,900 DKK
Credit and Collection Staff Accounting and Finance 254,700 DKK
Credit and Loans Officer Accounting and Finance 246,200 DKK
Credit Controller Accounting and Finance 471,700 DKK
Credit Manager Accounting and Finance 681,900 DKK
Debt Adviser Accounting and Finance 559,000 DKK
Debt Collector Accounting and Finance 263,200 DKK
Debtors Clerk Accounting and Finance 227,600 DKK
Debtors Controller Accounting and Finance 254,800 DKK
Deputy CFO Accounting and Finance 953,200 DKK
Deputy Head of Finance Accounting and Finance 970,200 DKK
Derivative Trader Accounting and Finance 566,900 DKK
Director of Finance Accounting and Finance 1,023,400 DKK
Economist Accounting and Finance 781,200 DKK
Equity Analyst Accounting and Finance 587,800 DKK
Escrow Assistant Accounting and Finance 308,300 DKK
Executive Accountant Accounting and Finance 367,200 DKK
External Auditor Accounting and Finance 485,300 DKK
Finance Administrator Accounting and Finance 394,300 DKK
Finance Analyst Accounting and Finance 623,700 DKK
Finance Associate Accounting and Finance 283,400 DKK
Finance Director Accounting and Finance 1,015,500 DKK
Finance Executive Accounting and Finance 735,500 DKK
Finance Licensing Clerk Accounting and Finance 239,300 DKK
Finance Licensing Manager Accounting and Finance 677,100 DKK
Finance Licensing Specialist Accounting and Finance 367,200 DKK
Finance Manager Accounting and Finance 923,000 DKK
Finance Officer Accounting and Finance 340,000 DKK
Finance President Accounting and Finance 986,700 DKK
Finance Relationship Manager Accounting and Finance 823,900 DKK
Finance Release Analyst Accounting and Finance 385,300 DKK
Finance Specialist Accounting and Finance 578,500 DKK
Finance Team Leader Accounting and Finance 759,300 DKK
Financial Accountant Accounting and Finance 341,900 DKK
Financial Actuary Accounting and Finance 498,000 DKK
Financial Administrator Accounting and Finance 544,800 DKK
Financial Advisor Accounting and Finance 607,400 DKK
Financial Analyst Accounting and Finance 614,600 DKK
Financial Applications Specialist Accounting and Finance 414,000 DKK
Financial Assistant Accounting and Finance 283,400 DKK
Financial Associate Accounting and Finance 267,100 DKK
Financial Associate Accounting and Finance 340,000 DKK
Financial Claims Analyst Accounting and Finance 457,300 DKK
Financial Claims Manager Accounting and Finance 581,300 DKK
Financial Claims Supervisor Accounting and Finance 568,500 DKK
Financial Clerk Accounting and Finance 252,300 DKK
Financial Commercial Analyst Accounting and Finance 504,500 DKK
Financial Compliance Analyst Accounting and Finance 562,600 DKK
Financial Consultant Accounting and Finance 472,000 DKK
Financial Controller Accounting and Finance 533,000 DKK
Financial Controller Accounting and Finance 535,800 DKK
Financial Coordinator Accounting and Finance 314,500 DKK
Financial Customer Service Manager Accounting and Finance 631,200 DKK
Financial Dealer and Broker Accounting and Finance 382,600 DKK
Financial Director Accounting and Finance 1,009,200 DKK
Financial Encoder Accounting and Finance 292,000 DKK
Financial Manager Accounting and Finance 903,500 DKK
Financial Manager Accounting and Finance 907,100 DKK
Financial Operations Manager Accounting and Finance 860,300 DKK
Financial Policy Analyst Accounting and Finance 522,700 DKK
Financial Project Manager Accounting and Finance 692,500 DKK
Financial Quantitative Analyst Accounting and Finance 603,400 DKK
Financial Reporting Consultant Accounting and Finance 478,100 DKK
Financial Reporting Manager Accounting and Finance 642,800 DKK
Financial Section Head Accounting and Finance 623,200 DKK
Financial Services Manager Accounting and Finance 874,900 DKK
Financial Services Sales Agent Accounting and Finance 354,000 DKK
Fixed Assets Administrator Accounting and Finance 352,000 DKK
Forensic Accountant Accounting and Finance 415,900 DKK
Fraud Detection Supervisor Accounting and Finance 409,000 DKK
Fraud Prevention Manager Accounting and Finance 717,900 DKK
Fund Accountant Accounting and Finance 322,600 DKK
Grants Coordinator Accounting and Finance 239,300 DKK
Group Financial Manager Accounting and Finance 938,100 DKK
Internal Auditor Accounting and Finance 445,100 DKK
Internal Control Adviser Accounting and Finance 520,900 DKK
Internal Control Officer Accounting and Finance 307,400 DKK
International Tax Director Accounting and Finance 794,900 DKK
Inventory Accountant Accounting and Finance 367,200 DKK
Investment Advisor Accounting and Finance 864,900 DKK
Investment Analyst Accounting and Finance 679,200 DKK
Investment Associate Accounting and Finance 548,800 DKK
Investment Broker Accounting and Finance 552,400 DKK
Investment Fund Manager Accounting and Finance 772,700 DKK
Investment Operations Manager Accounting and Finance 778,500 DKK
Investment Underwriter Accounting and Finance 283,400 DKK
Investor Accounting and Finance 433,800 DKK
Investor Relations Manager Accounting and Finance 649,700 DKK
KYC Team Leader Accounting and Finance 649,700 DKK
Loan Processor Accounting and Finance 277,400 DKK
Management Accountant Accounting and Finance 390,000 DKK
Management Economist Accounting and Finance 751,700 DKK
Paymaster Accounting and Finance 282,300 DKK
Payroll Administrator Accounting and Finance 426,700 DKK
Payroll Benefits Coordinator Accounting and Finance 377,200 DKK
Payroll Billing Manager Accounting and Finance 596,800 DKK
Payroll Clerk Accounting and Finance 301,800 DKK
Payroll Manager Accounting and Finance 605,700 DKK
Payroll Officer Accounting and Finance 301,600 DKK
Payroll Specialist Accounting and Finance 345,700 DKK
Payroll Supervisor Accounting and Finance 447,300 DKK
Pensions Administrator Accounting and Finance 341,400 DKK
Personal Financial Advisor Accounting and Finance 507,300 DKK
Pricing Analyst Accounting and Finance 548,500 DKK
Private Equity Analyst Accounting and Finance 628,000 DKK
Project Accountant Accounting and Finance 357,700 DKK
Proposal Development Coordinator Accounting and Finance 288,100 DKK
Receivables Accountant Accounting and Finance 309,800 DKK
Regulatory Accountant Accounting and Finance 371,100 DKK
Retirement Plan Analyst Accounting and Finance 528,600 DKK
Revenue Management Specialist Accounting and Finance 582,700 DKK
Revenue Recognition Analyst Accounting and Finance 603,400 DKK
Risk Management Director Accounting and Finance 785,400 DKK
Risk Management Supervisor Accounting and Finance 683,800 DKK
Staff Accountant Accounting and Finance 311,700 DKK
Tax Accountant Accounting and Finance 332,500 DKK
Tax Administrator Accounting and Finance 362,200 DKK
Tax Advisor Accounting and Finance 538,600 DKK
Tax Analyst Accounting and Finance 519,300 DKK
Tax Associate Accounting and Finance 288,100 DKK
Tax Consultant Accounting and Finance 518,300 DKK
Tax Director Accounting and Finance 795,700 DKK
Tax Examiner Accounting and Finance 366,200 DKK
Tax Manager Accounting and Finance 680,100 DKK
Tax Research Manager Accounting and Finance 719,100 DKK
Teller Accounting and Finance 201,100 DKK
Treasury Accountant Accounting and Finance 353,600 DKK
Treasury Analyst Accounting and Finance 583,000 DKK
Underwriter Accounting and Finance 233,900 DKK
Underwriting Assistant Accounting and Finance 233,600 DKK
Vice President of Finance Accounting and Finance 909,300 DKK

Salary Comparison by City

If you want to compare salaries with different cities in Denmark, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Copenhagen 559,000 DKK

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