Home > Salary > Iceland > Financial Controller Industrial Plant
A financial controller in an industrial plant is responsible for overseeing all financial activities and ensuring the organization's financial health. They manage the plant's budgeting, forecasting, and financial reporting processes, ensuring compliance with regulatory requirements. The financial controller also develops and implements financial policies and procedures, monitors cash flow, and conducts financial analysis to identify areas of improvement and cost-saving opportunities. They collaborate with other departments to develop budgets and track expenses, as well as provide financial guidance and support to senior management.
Estimated Yearly Salary: 18,121,779 ISK
Estimated Monthly Salary: 1,510,148 ISK
Estimated Weekly Salary: 348,496 ISK per week
Estimated Hourly Salary: 8,712 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,462,104 ISK
Estimated Weekly Salary: 337,409 ISK per week
Estimated Hourly Salary: 8,435 ISK per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 127,050 USD
Estimated Monthly Salary: 10,588 USD
Estimated Weekly Salary: 2,443 USD per week
Estimated Hourly Salary: 61 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: 18,121,779 ISK
Estimated Monthly Salary: 1,510,148 ISK
Estimated Weekly Salary: 348,496 ISK per week
Estimated Hourly Salary: 8,712 ISK per hour
By working as Financial Controller Industrial Plant a person can save up to 7,859 USD per month or 94,304 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.
Estimated Yearly Salary for Financial Controller Industrial Plant
United Kingdom is 83,195 USD
35%
Details on Financial Controller Industrial Plant salary in United Kingdom Last revision of data: 2025-01-04
Data as of 2025
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Financial Controller Industrial Plant salary in Iceland
Average Yearly Salary of Financial Controller Industrial Plant in Iceland is approximately 18,121,779 ISK (127,050 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 Controller Industrial Plant do?
A financial controller in an industrial plant is responsible for overseeing all financial activities and ensuring the organization's financial health. They manage the plant's budgeting, forecasting, and financial reporting processes, ensuring compliance with regulatory requirements. The financial controller also develops and implements financial policies and procedures, monitors cash flow, and conducts financial analysis to identify areas of improvement and cost-saving opportunities. They collaborate with other departments to develop budgets and track expenses, as well as provide financial guidance and support to senior management.
Skills: financial controller, industrial plant, financial management, budgeting, financial reporting, regulatory compliance
Job industry: Finance
Job industry: Finance
How much does Financial Controller Industrial Plant make?
Salary details
How much does Financial Controller Industrial Plant make?Estimated Yearly Salary: 18,121,779 ISK
Estimated Monthly Salary: 1,510,148 ISK
Estimated Weekly Salary: 348,496 ISK per week
Estimated Hourly Salary: 8,712 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 17,545,242 ISKEstimated Monthly Salary: 1,462,104 ISK
Estimated Weekly Salary: 337,409 ISK per week
Estimated Hourly Salary: 8,435 ISK per hour
Last revision of data: 2024-01-02Financial Controller Industrial Plant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 127,050 USD
Estimated Monthly Salary: 10,588 USD
Estimated Weekly Salary: 2,443 USD per week
Estimated Hourly Salary: 61 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
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Financial Controller Industrial Plant job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Controller Industrial Plant in Iceland earns on average:
2.02 times the average salary (or 202% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Financial Controller Industrial Plant job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Controller Industrial Plant in Iceland earns on average:
2.02 times the average salary (or 202% of average salary).
Is Financial Controller Industrial Plant a well paid job?
Yes, our data show that Financial Controller Industrial Plant 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 Financial Controller Industrial Plant?
High salary for Financial Controller Industrial Plant would be somewhere between 19,933,957 ISK and 26,276,580 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Controller Industrial Plant 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: 18,121,779 ISK
Estimated Monthly Salary: 1,510,148 ISK
Estimated Weekly Salary: 348,496 ISK per week
Estimated Hourly Salary: 8,712 ISK per hour
By working as Financial Controller Industrial Plant a person can save up to 7,859 USD per month or 94,304 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 Controller Industrial Plant
Norway is 177,341 USDUnited Kingdom is 83,195 USD 35%Details on Financial Controller Industrial Plant salary in United Kingdom
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 Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
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4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
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(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Level designer (11,751,771 ISK per year, pre-tax.)
Hospital chaplain (10,142,865 ISK per year, pre-tax.)
Team administrative assistant (6,399,702 ISK per year, pre-tax.)
Senior trader commodities (28,607,571 ISK per year, pre-tax.)
Performance improvement analyst (12,196,726 ISK per year, pre-tax.)
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