Home > Salary > Colombia > Finance Specialist
A finance specialist is an individual who specializes in financial management and analysis. They are responsible for overseeing the financial health of an organization, including budgeting, forecasting, and financial reporting. They analyze financial data, identify trends, and make recommendations to improve financial performance. Finance specialists also ensure compliance with financial regulations and policies, manage financial risks, and provide strategic financial advice to senior management.
Estimated Yearly Salary: 31,488,065 COP
Estimated Monthly Salary: 2,624,005 COP
Estimated Weekly Salary: 605,540 COP per week
Estimated Hourly Salary: 15,138 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,535,178 COP
Estimated Weekly Salary: 585,041 COP per week
Estimated Hourly Salary: 14,626 COP per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 6,979 USD
Estimated Monthly Salary: 582 USD
Estimated Weekly Salary: 134 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 31,488,065 COP
Estimated Monthly Salary: 2,624,005 COP
Estimated Weekly Salary: 605,540 COP per week
Estimated Hourly Salary: 15,138 COP per hour
By working as Finance Specialist a person can save up to 321 USD per month or 3,854 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Finance Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Produce director (53,104,696 COP per year, pre-tax.)
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Finance Specialist salary in Colombia
Average Yearly Salary of Finance Specialist in Colombia is approximately 31,488,065 COP (6,979 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Finance Specialist do?
A finance specialist is an individual who specializes in financial management and analysis. They are responsible for overseeing the financial health of an organization, including budgeting, forecasting, and financial reporting. They analyze financial data, identify trends, and make recommendations to improve financial performance. Finance specialists also ensure compliance with financial regulations and policies, manage financial risks, and provide strategic financial advice to senior management.
Skills: finance specialist, financial management, financial analysis, budgeting, forecasting, financial reporting
Job industry: Finance
Job industry: Finance
How much does Finance Specialist make?
Salary details
How much does Finance Specialist make?Estimated Yearly Salary: 31,488,065 COP
Estimated Monthly Salary: 2,624,005 COP
Estimated Weekly Salary: 605,540 COP per week
Estimated Hourly Salary: 15,138 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 30,422,133 COPEstimated Monthly Salary: 2,535,178 COP
Estimated Weekly Salary: 585,041 COP per week
Estimated Hourly Salary: 14,626 COP per hour
Last revision of data: 2024-01-05Finance Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,979 USD
Estimated Monthly Salary: 582 USD
Estimated Weekly Salary: 134 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Finance Specialist job salary compared to average salary in Colombia.
Comparison shows that a person working as Finance Specialist in Colombia earns on average:
1.17 times the average salary (or 117% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Finance Specialist job salary compared to average salary in Colombia.
Comparison shows that a person working as Finance Specialist in Colombia earns on average:
1.17 times the average salary (or 117% of average salary).
Is Finance Specialist a well paid job?
Yes, our data show that Finance Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Finance Specialist?
High salary for Finance Specialist would be somewhere between 34,636,872 COP and 45,657,694 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Finance Specialist in Colombia?
Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 31,488,065 COP
Estimated Monthly Salary: 2,624,005 COP
Estimated Weekly Salary: 605,540 COP per week
Estimated Hourly Salary: 15,138 COP per hour
By working as Finance Specialist a person can save up to 321 USD per month or 3,854 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Finance Specialist
Ecuador is 6,740 USD
Brazil is 8,731 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)
Data as of 2025Random salary:
Produce director (53,104,696 COP per year, pre-tax.)
Senior dentist (74,061,974 COP per year, pre-tax.)
Licensed mental health counselor (23,718,060 COP per year, pre-tax.)
Brewmaster (21,292,020 COP per year, pre-tax.)
Lobby attendant (10,780,560 COP per year, pre-tax.)
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