Home > Salary > Colombia > Financial Accounting Manager
A financial accounting manager is responsible for overseeing the financial operations and ensuring accurate and timely recording of transactions within an organization. They supervise a team of accountants, set financial goals, develop accounting procedures, and ensure compliance with financial regulations. The role involves preparing financial statements, conducting audits, analyzing financial data, and providing financial reports to management. Additionally, financial accounting managers collaborate with other departments to streamline processes, manage budgets, and make informed financial decisions. They also play a crucial role in tax planning and ensuring adherence to tax laws. Strong analytical skills, attention to detail, proficiency in accounting software, and knowledge of financial regulations are essential for this role.
Estimated Yearly Salary: 48,458,847 COP
Estimated Monthly Salary: 4,038,237 COP
Estimated Weekly Salary: 931,901 COP per week
Estimated Hourly Salary: 23,298 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,896,223 COP
Estimated Weekly Salary: 899,128 COP per week
Estimated Hourly Salary: 22,478 COP per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 10,713 USD
Estimated Monthly Salary: 893 USD
Estimated Weekly Salary: 206 USD per week
Estimated Hourly Salary: 5 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: 48,458,847 COP
Estimated Monthly Salary: 4,038,237 COP
Estimated Weekly Salary: 931,901 COP per week
Estimated Hourly Salary: 23,298 COP per hour
By working as Financial Accounting Manager a person can save up to 632 USD per month or 7,588 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 Financial Accounting Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Financial Accounting Manager salary in Colombia
Average Yearly Salary of Financial Accounting Manager in Colombia is approximately 48,458,847 COP (10,713 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 Financial Accounting Manager do?
A financial accounting manager is responsible for overseeing the financial operations and ensuring accurate and timely recording of transactions within an organization. They supervise a team of accountants, set financial goals, develop accounting procedures, and ensure compliance with financial regulations. The role involves preparing financial statements, conducting audits, analyzing financial data, and providing financial reports to management. Additionally, financial accounting managers collaborate with other departments to streamline processes, manage budgets, and make informed financial decisions. They also play a crucial role in tax planning and ensuring adherence to tax laws. Strong analytical skills, attention to detail, proficiency in accounting software, and knowledge of financial regulations are essential for this role.
Skills: Financial Accounting Manager, Financial Operations, Financial Statements, Compliance, Financial Regulations, Tax Planning.
Job industry: Finance
Job industry: Finance
How much does Financial Accounting Manager make?
Salary details
How much does Financial Accounting Manager make?Estimated Yearly Salary: 48,458,847 COP
Estimated Monthly Salary: 4,038,237 COP
Estimated Weekly Salary: 931,901 COP per week
Estimated Hourly Salary: 23,298 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 46,754,680 COPEstimated Monthly Salary: 3,896,223 COP
Estimated Weekly Salary: 899,128 COP per week
Estimated Hourly Salary: 22,478 COP per hour
Last revision of data: 2024-01-09Financial Accounting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,713 USD
Estimated Monthly Salary: 893 USD
Estimated Weekly Salary: 206 USD per week
Estimated Hourly Salary: 5 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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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 Financial Accounting Manager job salary compared to average salary in Colombia.
Comparison shows that a person working as Financial Accounting Manager in Colombia earns on average:
1.8 times the average salary (or 180% 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 Financial Accounting Manager job salary compared to average salary in Colombia.
Comparison shows that a person working as Financial Accounting Manager in Colombia earns on average:
1.8 times the average salary (or 180% of average salary).
Is Financial Accounting Manager a well paid job?
Yes, our data shows that Financial Accounting Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Financial Accounting Manager?
High salary for Financial Accounting Manager would be somewhere between 53,304,732 COP and 70,265,328 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Accounting Manager 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: 48,458,847 COP
Estimated Monthly Salary: 4,038,237 COP
Estimated Weekly Salary: 931,901 COP per week
Estimated Hourly Salary: 23,298 COP per hour
By working as Financial Accounting Manager a person can save up to 632 USD per month or 7,588 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 Financial Accounting Manager
Ecuador is 10,427 USD
Brazil is 13,421 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:
Semiconductor engineer (40,696,200 COP per year, pre-tax.)
Cost accountant (34,223,677 COP per year, pre-tax.)
Lead caregiver (11,193,798 COP per year, pre-tax.)
Advertising coordinator (18,575,852 COP per year, pre-tax.)
Administrative services director (31,671,864 COP per year, pre-tax.)
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