Home > Salary > Colombia > Financial Administrator
A financial administrator is responsible for managing the financial operations of an organization. They handle various tasks related to budgeting, financial planning, and record-keeping. Their role involves analyzing financial data, preparing financial reports, and ensuring compliance with financial regulations. They also oversee payroll and accounts payable/receivable functions, monitor cash flow, and make recommendations for improving financial efficiency. Additionally, financial administrators may assist in the development of financial policies and procedures, manage investments, and provide financial advice to management.
Estimated Yearly Salary: 28,918,666 COP
Estimated Monthly Salary: 2,409,889 COP
Estimated Weekly Salary: 556,128 COP per week
Estimated Hourly Salary: 13,903 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,321,562 COP
Estimated Weekly Salary: 535,745 COP per week
Estimated Hourly Salary: 13,394 COP per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 6,377 USD
Estimated Monthly Salary: 531 USD
Estimated Weekly Salary: 123 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: 28,918,666 COP
Estimated Monthly Salary: 2,409,889 COP
Estimated Weekly Salary: 556,128 COP per week
Estimated Hourly Salary: 13,903 COP per hour
By working as Financial Administrator a person can save up to 271 USD per month or 3,252 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 Administrator
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Early childhood educators (13,744,800 COP per year, pre-tax.)
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Em assembler (19,269,585 COP per year, pre-tax.)
Line service technician (cablephonetelecommunications) (27,787,019 COP per year, pre-tax.)
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Financial Administrator salary in Colombia
Average Yearly Salary of Financial Administrator in Colombia is approximately 28,918,666 COP (6,377 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 Administrator do?
A financial administrator is responsible for managing the financial operations of an organization. They handle various tasks related to budgeting, financial planning, and record-keeping. Their role involves analyzing financial data, preparing financial reports, and ensuring compliance with financial regulations. They also oversee payroll and accounts payable/receivable functions, monitor cash flow, and make recommendations for improving financial efficiency. Additionally, financial administrators may assist in the development of financial policies and procedures, manage investments, and provide financial advice to management.
Skills: Financial administration, Budgeting, Financial planning, Record-keeping, Compliance, Cash flow management
Job industry: Finance
Job industry: Finance
How much does Financial Administrator make?
Salary details
How much does Financial Administrator make?Estimated Yearly Salary: 28,918,666 COP
Estimated Monthly Salary: 2,409,889 COP
Estimated Weekly Salary: 556,128 COP per week
Estimated Hourly Salary: 13,903 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 27,858,749 COPEstimated Monthly Salary: 2,321,562 COP
Estimated Weekly Salary: 535,745 COP per week
Estimated Hourly Salary: 13,394 COP per hour
Last revision of data: 2024-01-03Financial Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,377 USD
Estimated Monthly Salary: 531 USD
Estimated Weekly Salary: 123 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Financial Administrator job salary compared to average salary in Colombia.
Comparison shows that a person working as Financial Administrator in Colombia earns on average:
1.07 times the average salary (or 107% 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 Administrator job salary compared to average salary in Colombia.
Comparison shows that a person working as Financial Administrator in Colombia earns on average:
1.07 times the average salary (or 107% of average salary).
Is Financial Administrator a well paid job?
Yes, our data show that Financial Administrator 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 Financial Administrator?
High salary for Financial Administrator would be somewhere between 31,810,533 COP and 41,932,066 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Administrator 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: 28,918,666 COP
Estimated Monthly Salary: 2,409,889 COP
Estimated Weekly Salary: 556,128 COP per week
Estimated Hourly Salary: 13,903 COP per hour
By working as Financial Administrator a person can save up to 271 USD per month or 3,252 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 Administrator
Ecuador is 6,198 USD
Brazil is 7,962 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:
Early childhood educators (13,744,800 COP per year, pre-tax.)
Monetization manager (45,248,666 COP per year, pre-tax.)
Em assembler (19,269,585 COP per year, pre-tax.)
Line service technician (cablephonetelecommunications) (27,787,019 COP per year, pre-tax.)
Stock supply clerk (11,193,798 COP per year, pre-tax.)
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