The digital transformation is fundamentally changing the job profile of financial accountants - and opening up unexpected remuneration opportunities.
Accounting is undergoing an unprecedented transformation. While repetitive tasks are increasingly giving way to algorithm-based solutions, new qualification requirements and career paths are emerging at the same time. Erich Schwinghammer from Hays identifies this development as an opportunity for continuous professional evolution in the accounting sector. Automation is by no means a threat to the entire professional group: while standardized positions such as accounts receivable and accounts payable could disappear in the future, strategic roles such as financial and balance sheet accountants remain indispensable. The integration of new technologies - for example in ERP implementations - opens up specialization opportunities with considerable income potential.
The shortage of skilled workers is becoming a key driver of remuneration. Schwinghammer predicts a sustained rise in demand due to age-related vacancies and demographic shifts. This market shortage is increasingly placing qualified accounting professionals in advantageous negotiating positions.
The current salary levels do not yet reflect the changed market situation. Junior positions with a maximum of two years' professional experience generate an average of 52,000 euros per year, with a range of 42,000 to 60,000 euros. Professionals with three to five years of expertise range between 48,000 and 69,000 euros, with a mean value of 58,500 euros. Highly experienced specialists with six or more years of professional experience reach an average of 76,300 euros, with top salaries breaking through the 100,000 euro mark for the first time - a significant increase on the previous year's maximum of 94,000 euros.
In the short term, macroeconomic factors are limiting salary growth to inflation-related adjustments. Schwinghammer is currently observing only moderate rates of increase without dramatic leaps. However, the medium-term outlook is much more optimistic: management positions in particular are likely to see significant increases in income. The increasing complexity of strategic decision-making processes and accelerated response requirements justify substantial remuneration premiums for suitably qualified specialists.
The transformation of accounting requires proactive skills development. Specializations in digitalization technologies, process optimization and strategic financial analysis are becoming decisive differentiators in remuneration negotiations. The current market situation offers optimal conditions for career-oriented training investments.