Financial Reporting Analyst salary in Colombia

Average Yearly Salary of Financial Reporting Analyst in Colombia is approximately 40,319,412 COP (8,935 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 Reporting Analyst do?

A financial reporting analyst is responsible for analyzing and reporting financial data within an organization. They gather and interpret financial information, prepare financial statements, and ensure compliance with accounting standards and regulations. This role involves conducting financial analysis to identify trends and patterns, providing insights and recommendations to management for decision-making purposes. Financial reporting analysts also play a crucial role in the preparation of annual reports, quarterly filings, and other financial disclosures for external stakeholders such as investors, regulators, and auditors. They may collaborate with cross-functional teams, including finance, accounting, and IT, to streamline processes and improve data accuracy and integrity. Strong analytical skills, attention to detail, and knowledge of accounting principles and financial reporting standards are essential for success in this role.

Skills: financial reporting, financial analysis, accounting, compliance, data analysis, financial statements
Job industry: Finance

How much does Financial Reporting Analyst make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Financial Reporting Analyst a well paid job?

Yes, our data shows that Financial Reporting Analyst 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 Reporting Analyst?

High salary for Financial Reporting Analyst would be somewhere between 44,351,353 COP and 58,463,147 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Reporting Analyst 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: 40,319,412 COP
Estimated Monthly Salary: 3,359,951 COP
Estimated Weekly Salary: 775,373 COP per week
Estimated Hourly Salary: 19,384 COP per hour
By working as Financial Reporting Analyst a person can save up to 484 USD per month or 5,810 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 Reporting Analyst

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Colombia

Data as of 2025

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