Financial Analyst Accountant salary in Iceland

Average Yearly Salary of Financial Analyst Accountant in Iceland is approximately 12,183,396 ISK (85,543 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 Analyst Accountant do?

A financial analyst accountant is a professional who combines the skills of financial analysis and accounting to provide valuable insights into an organization's financial health. They are responsible for analyzing financial data, preparing financial reports, and providing recommendations to improve financial performance. Financial analyst accountants also play a crucial role in budgeting, forecasting, and identifying investment opportunities. Their main duties include conducting financial analysis, interpreting financial data, identifying trends, and making forecasts. They also ensure compliance with accounting standards and regulations, prepare financial statements, and assist in budgeting and cost control. Additionally, financial analyst accountants may provide financial advice to management, support decision-making processes, and contribute to strategic planning.

Skills: financial analysis, accounting, financial reporting, budgeting, forecasting, investment analysis
Job industry: Finance

How much does Financial Analyst Accountant 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 Analyst Accountant a well paid job?

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

High salary for Financial Analyst Accountant would be somewhere between 13,401,736 ISK and 17,665,924 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Analyst Accountant 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: 12,183,396 ISK
Estimated Monthly Salary: 1,015,283 ISK
Estimated Weekly Salary: 234,296 ISK per week
Estimated Hourly Salary: 5,857 ISK per hour
By working as Financial Analyst Accountant a person can save up to 4,400 USD per month or 52,797 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 Financial Analyst Accountant

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

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