Home > Salary > Colombia > Financial Officer
A financial officer is responsible for overseeing the financial operations of an organization. They play a crucial role in managing the company's financial resources, ensuring compliance with financial regulations, and providing strategic financial advice to senior management. Their key responsibilities include budgeting, financial planning and analysis, cash flow management, risk assessment, and financial reporting. Financial officers also monitor financial performance, identify areas for improvement, and develop strategies to enhance profitability and efficiency. They collaborate with various departments to ensure financial goals are met and provide guidance on financial decision-making. Strong analytical skills, attention to detail, and knowledge of financial principles and practices are essential for this role.
Estimated Yearly Salary: 37,419,343 COP
Estimated Monthly Salary: 3,118,279 COP
Estimated Weekly Salary: 719,603 COP per week
Estimated Hourly Salary: 17,990 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,015,436 COP
Estimated Weekly Salary: 695,870 COP per week
Estimated Hourly Salary: 17,397 COP per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 8,267 USD
Estimated Monthly Salary: 689 USD
Estimated Weekly Salary: 159 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 37,419,343 COP
Estimated Monthly Salary: 3,118,279 COP
Estimated Weekly Salary: 719,603 COP per week
Estimated Hourly Salary: 17,990 COP per hour
By working as Financial Officer a person can save up to 429 USD per month or 5,142 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 Officer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Financial Officer salary in Colombia
Average Yearly Salary of Financial Officer in Colombia is approximately 37,419,343 COP (8,267 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 Officer do?
A financial officer is responsible for overseeing the financial operations of an organization. They play a crucial role in managing the company's financial resources, ensuring compliance with financial regulations, and providing strategic financial advice to senior management. Their key responsibilities include budgeting, financial planning and analysis, cash flow management, risk assessment, and financial reporting. Financial officers also monitor financial performance, identify areas for improvement, and develop strategies to enhance profitability and efficiency. They collaborate with various departments to ensure financial goals are met and provide guidance on financial decision-making. Strong analytical skills, attention to detail, and knowledge of financial principles and practices are essential for this role.
Skills: Financial officer, Finance management, Budgeting, Financial planning, Risk assessment, Financial reporting
Job industry: Finance
Job industry: Finance
How much does Financial Officer make?
Salary details
How much does Financial Officer make?Estimated Yearly Salary: 37,419,343 COP
Estimated Monthly Salary: 3,118,279 COP
Estimated Weekly Salary: 719,603 COP per week
Estimated Hourly Salary: 17,990 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 36,185,234 COPEstimated Monthly Salary: 3,015,436 COP
Estimated Weekly Salary: 695,870 COP per week
Estimated Hourly Salary: 17,397 COP per hour
Last revision of data: 2024-01-06Financial Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,267 USD
Estimated Monthly Salary: 689 USD
Estimated Weekly Salary: 159 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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 Financial Officer job salary compared to average salary in Colombia.
Comparison shows that a person working as Financial Officer in Colombia earns on average:
1.39 times the average salary (or 139% 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 Officer job salary compared to average salary in Colombia.
Comparison shows that a person working as Financial Officer in Colombia earns on average:
1.39 times the average salary (or 139% of average salary).
Is Financial Officer a well paid job?
Yes, our data shows that Financial Officer 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 Officer?
High salary for Financial Officer would be somewhere between 41,161,277 COP and 54,258,047 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Officer 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: 37,419,343 COP
Estimated Monthly Salary: 3,118,279 COP
Estimated Weekly Salary: 719,603 COP per week
Estimated Hourly Salary: 17,990 COP per hour
By working as Financial Officer a person can save up to 429 USD per month or 5,142 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 Officer
Ecuador is 8,052 USD
Brazil is 10,381 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:
Tug boat captain (59,225,594 COP per year, pre-tax.)
Loan interviewer or loan clerk (12,668,400 COP per year, pre-tax.)
News director (23,338,704 COP per year, pre-tax.)
Lead cashier (9,525,703 COP per year, pre-tax.)
Public health advisor (35,883,273 COP per year, pre-tax.)
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