Home > Salary > Ethiopia > Commercial Finance Manager
A commercial finance manager is responsible for overseeing the financial operations of a company, with a focus on commercial aspects. They analyze financial data and provide strategic recommendations to optimize profitability and minimize risk. Their duties include preparing financial reports, budgets, and forecasts, managing cash flow, evaluating investment opportunities, and ensuring compliance with financial regulations. They collaborate with other departments to develop pricing strategies, negotiate contracts, and assess the financial impact of business decisions. Additionally, they may supervise a team of financial analysts and work closely with senior management to drive business growth and achieve financial objectives.
Estimated Yearly Salary: 244,667 ETB
Estimated Monthly Salary: 20,389 ETB
Estimated Weekly Salary: 4,705 ETB per week
Estimated Hourly Salary: 118 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 19,775 ETB
Estimated Weekly Salary: 4,563 ETB per week
Estimated Hourly Salary: 114 ETB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,082 USD
Estimated Monthly Salary: 340 USD
Estimated Weekly Salary: 79 USD per week
Estimated Hourly Salary: 2 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: 244,667 ETB
Estimated Monthly Salary: 20,389 ETB
Estimated Weekly Salary: 4,705 ETB per week
Estimated Hourly Salary: 118 ETB per hour
By working as Commercial Finance Manager a person can save up to 263 USD per month or 3,160 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Commercial Finance Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Alliance manager enterprise software (222,240 ETB per year, pre-tax.)
Student advisor (79,953 ETB per year, pre-tax.)
Periodontist (286,363 ETB per year, pre-tax.)
Hospital admitting director (226,020 ETB per year, pre-tax.)
Food caterer (55,260 ETB per year, pre-tax.)
Commercial Finance Manager salary in Ethiopia
Average Yearly Salary of Commercial Finance Manager in Ethiopia is approximately 244,667 ETB (4,082 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 Commercial Finance Manager do?
A commercial finance manager is responsible for overseeing the financial operations of a company, with a focus on commercial aspects. They analyze financial data and provide strategic recommendations to optimize profitability and minimize risk. Their duties include preparing financial reports, budgets, and forecasts, managing cash flow, evaluating investment opportunities, and ensuring compliance with financial regulations. They collaborate with other departments to develop pricing strategies, negotiate contracts, and assess the financial impact of business decisions. Additionally, they may supervise a team of financial analysts and work closely with senior management to drive business growth and achieve financial objectives.
Skills: Commercial finance manager, Financial analysis, Strategic planning, Risk management, Budgeting, Cash flow management
Job industry: Finance
Job industry: Finance
How much does Commercial Finance Manager make?
Salary details
How much does Commercial Finance Manager make?Estimated Yearly Salary: 244,667 ETB
Estimated Monthly Salary: 20,389 ETB
Estimated Weekly Salary: 4,705 ETB per week
Estimated Hourly Salary: 118 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 237,300 ETBEstimated Monthly Salary: 19,775 ETB
Estimated Weekly Salary: 4,563 ETB per week
Estimated Hourly Salary: 114 ETB per hour
Last revision of data: 2024-01-03Commercial Finance Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,082 USD
Estimated Monthly Salary: 340 USD
Estimated Weekly Salary: 79 USD per week
Estimated Hourly Salary: 2 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
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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Finance Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Commercial Finance Manager in Ethiopia earns on average:
2.33 times the average salary (or 233% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Finance Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Commercial Finance Manager in Ethiopia earns on average:
2.33 times the average salary (or 233% of average salary).
Is Commercial Finance Manager a well paid job?
Yes, our data show that Commercial 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 Commercial Finance Manager?
High salary for Commercial Finance Manager would be somewhere between 269,134 ETB and 354,767 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Commercial Finance Manager in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 244,667 ETB
Estimated Monthly Salary: 20,389 ETB
Estimated Weekly Salary: 4,705 ETB per week
Estimated Hourly Salary: 118 ETB per hour
By working as Commercial Finance Manager a person can save up to 263 USD per month or 3,160 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Commercial Finance Manager
Sudan is 1,622 USD
Kenya is 12,843 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Alliance manager enterprise software (222,240 ETB per year, pre-tax.)
Student advisor (79,953 ETB per year, pre-tax.)
Periodontist (286,363 ETB per year, pre-tax.)
Hospital admitting director (226,020 ETB per year, pre-tax.)
Food caterer (55,260 ETB per year, pre-tax.)
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