Home > Salary > Ecuador > Finance Manager
A finance manager is responsible for overseeing the financial operations of an organization and ensuring its financial health. They analyze financial data, prepare financial reports, develop budgets, and make strategic financial decisions to maximize profitability and minimize risks. Finance managers also collaborate with other departments to provide financial insights and advice for effective decision-making. They monitor cash flow, manage investments, and ensure compliance with financial regulations and policies. Additionally, they may be involved in financial forecasting, cost analysis, and financial planning.
Estimated Yearly Salary: 338,494,110 ECS
Estimated Monthly Salary: 28,207,843 ECS
Estimated Weekly Salary: 6,509,502 ECS per week
Estimated Hourly Salary: 162,738 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 27,222,617 ECS
Estimated Weekly Salary: 6,282,142 ECS per week
Estimated Hourly Salary: 157,054 ECS per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 11,969 USD
Estimated Monthly Salary: 997 USD
Estimated Weekly Salary: 230 USD per week
Estimated Hourly Salary: 6 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: 338,494,110 ECS
Estimated Monthly Salary: 28,207,843 ECS
Estimated Weekly Salary: 6,509,502 ECS per week
Estimated Hourly Salary: 162,738 ECS per hour
By working as Finance Manager a person can save up to 745 USD per month or 8,940 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 Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Finance Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Claims processorbilling (83,879,636 ECS per year, pre-tax.)
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Finance Manager salary in Ecuador
Average Yearly Salary of Finance Manager in Ecuador is approximately 338,494,110 ECS (11,969 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 Manager do?
A finance manager is responsible for overseeing the financial operations of an organization and ensuring its financial health. They analyze financial data, prepare financial reports, develop budgets, and make strategic financial decisions to maximize profitability and minimize risks. Finance managers also collaborate with other departments to provide financial insights and advice for effective decision-making. They monitor cash flow, manage investments, and ensure compliance with financial regulations and policies. Additionally, they may be involved in financial forecasting, cost analysis, and financial planning.
Skills: finance management, financial analysis, budgeting, financial reporting, risk management, strategic decision-making
Job industry: Finance
Job industry: Finance
How much does Finance Manager make?
Salary details
How much does Finance Manager make?Estimated Yearly Salary: 338,494,110 ECS
Estimated Monthly Salary: 28,207,843 ECS
Estimated Weekly Salary: 6,509,502 ECS per week
Estimated Hourly Salary: 162,738 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 326,671,405 ECSEstimated Monthly Salary: 27,222,617 ECS
Estimated Weekly Salary: 6,282,142 ECS per week
Estimated Hourly Salary: 157,054 ECS per hour
Last revision of data: 2024-01-03Finance Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,969 USD
Estimated Monthly Salary: 997 USD
Estimated Weekly Salary: 230 USD per week
Estimated Hourly Salary: 6 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
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Finance Manager job salary compared to average salary in Ecuador.
Comparison shows that a person working as Finance Manager in Ecuador earns on average:
2.07 times the average salary (or 207% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Finance Manager job salary compared to average salary in Ecuador.
Comparison shows that a person working as Finance Manager in Ecuador earns on average:
2.07 times the average salary (or 207% of average salary).
Is Finance Manager a well paid job?
Yes, our data show that Finance Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Finance Manager?
High salary for Finance Manager would be somewhere between 372,343,521 ECS and 490,816,460 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Finance Manager in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 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: 338,494,110 ECS
Estimated Monthly Salary: 28,207,843 ECS
Estimated Weekly Salary: 6,509,502 ECS per week
Estimated Hourly Salary: 162,738 ECS per hour
By working as Finance Manager a person can save up to 745 USD per month or 8,940 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 Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. 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 Manager
Colombia is 12,385 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 Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Claims processorbilling (83,879,636 ECS per year, pre-tax.)
Temporary help referral clerk (72,001,112 ECS per year, pre-tax.)
Warranty representative (133,038,602 ECS per year, pre-tax.)
Document controller (112,929,698 ECS per year, pre-tax.)
Project facilitator (200,271,764 ECS per year, pre-tax.)
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