Director Financial Analysis salary in Iceland

Average Yearly Salary of Director Financial Analysis in Iceland is approximately 24,746,929 ISK (171,874 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 Director Financial Analysis do?

The occupation of a Director of Financial Analysis involves overseeing the financial analysis activities within an organization. This role requires a deep understanding of financial principles, data analysis, and forecasting techniques to provide strategic insights and recommendations to senior management. The Director of Financial Analysis is responsible for managing a team of financial analysts, ensuring accurate and timely financial reporting, performing financial modeling and scenario analysis, and identifying areas for cost optimization and revenue enhancement. They collaborate with cross-functional teams to support business decision-making, develop financial strategies, and drive performance improvement initiatives. Additionally, they stay updated with industry trends, regulatory changes, and best practices in financial analysis to ensure compliance and maintain competitive advantage.

Skills: Director, Financial Analysis, Financial Reporting, Data Analysis, Forecasting, Financial Modeling
Job industry: Finance

How much does Director Financial Analysis make?

Difference in salary year over year or average salary increase is approximately 4 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Director Financial Analysis a well paid job?

Yes, our data show that Director Financial Analysis 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 Director Financial Analysis?

High salary for Director Financial Analysis would be somewhere between 27,221,622 ISK and 35,883,047 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Financial Analysis in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 24,746,929 ISK
Estimated Monthly Salary: 2,062,244 ISK
Estimated Weekly Salary: 475,902 ISK per week
Estimated Hourly Salary: 11,898 ISK per hour
By working as Director Financial Analysis a person can save up to 11,594 USD per month or 139,128 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Director Financial Analysis

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 Iceland

Data as of 2025

Random salary:
Animal behaviorist (8,400,392 ISK per year, pre-tax.)
Title clerk (6,070,941 ISK per year, pre-tax.)
Veterinary manager (7,018,011 ISK per year, pre-tax.)
Packaging technology specialist (4,206,345 ISK per year, pre-tax.)
A mechanic (6,326,422 ISK per year, pre-tax.)

Feedback about these results