Home > Salary > Iceland > Financial Management Analyst
A financial management analyst is a professional responsible for providing financial guidance and support to organizations. They analyze financial data, identify trends, and develop strategies to improve financial performance. Their main tasks involve conducting financial analysis, preparing financial reports, monitoring budgets, and making recommendations for cost reduction and revenue enhancement. They also assist in the development of financial plans and forecasts, evaluate investment opportunities, and assess risks.
Estimated Yearly Salary: 12,775,286 ISK
Estimated Monthly Salary: 1,064,607 ISK
Estimated Weekly Salary: 245,679 ISK per week
Estimated Hourly Salary: 6,142 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,027,896 ISK
Estimated Weekly Salary: 237,207 ISK per week
Estimated Hourly Salary: 5,930 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 88,967 USD
Estimated Monthly Salary: 7,414 USD
Estimated Weekly Salary: 1,711 USD per week
Estimated Hourly Salary: 43 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: 12,775,286 ISK
Estimated Monthly Salary: 1,064,607 ISK
Estimated Weekly Salary: 245,679 ISK per week
Estimated Hourly Salary: 6,142 ISK per hour
By working as Financial Management Analyst a person can save up to 4,685 USD per month or 56,221 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 Management Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Hvac control systems technician (10,419,174 ISK per year, pre-tax.)
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General assistant (5,157,916 ISK per year, pre-tax.)
Retail service clerk (3,579,913 ISK per year, pre-tax.)
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Financial Management Analyst salary in Iceland
Average Yearly Salary of Financial Management Analyst in Iceland is approximately 12,775,286 ISK (88,967 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 Management Analyst do?
A financial management analyst is a professional responsible for providing financial guidance and support to organizations. They analyze financial data, identify trends, and develop strategies to improve financial performance. Their main tasks involve conducting financial analysis, preparing financial reports, monitoring budgets, and making recommendations for cost reduction and revenue enhancement. They also assist in the development of financial plans and forecasts, evaluate investment opportunities, and assess risks.
Skills: Financial management, Financial analysis, Budget monitoring, Strategic planning, Cost reduction, Revenue enhancement
Job industry: Finance
Job industry: Finance
How much does Financial Management Analyst make?
Salary details
How much does Financial Management Analyst make?Estimated Yearly Salary: 12,775,286 ISK
Estimated Monthly Salary: 1,064,607 ISK
Estimated Weekly Salary: 245,679 ISK per week
Estimated Hourly Salary: 6,142 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 12,334,751 ISKEstimated Monthly Salary: 1,027,896 ISK
Estimated Weekly Salary: 237,207 ISK per week
Estimated Hourly Salary: 5,930 ISK per hour
Last revision of data: 2024-01-03Financial Management Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 88,967 USD
Estimated Monthly Salary: 7,414 USD
Estimated Weekly Salary: 1,711 USD per week
Estimated Hourly Salary: 43 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
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 Management Analyst job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Management Analyst in Iceland earns on average:
1.43 times the average salary (or 143% 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 Management Analyst job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Management Analyst in Iceland earns on average:
1.43 times the average salary (or 143% of average salary).
Is Financial Management Analyst a well paid job?
Yes, our data shows that Financial Management Analyst 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 Management Analyst?
High salary for Financial Management Analyst would be somewhere between 14,052,815 ISK and 18,524,165 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Management Analyst 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: 12,775,286 ISK
Estimated Monthly Salary: 1,064,607 ISK
Estimated Weekly Salary: 245,679 ISK per week
Estimated Hourly Salary: 6,142 ISK per hour
By working as Financial Management Analyst a person can save up to 4,685 USD per month or 56,221 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 Management Analyst
Norway is 124,892 USD
United Kingdom is 58,642 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 Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(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:
Hvac control systems technician (10,419,174 ISK per year, pre-tax.)
Information technology (it), assistant (6,044,048 ISK per year, pre-tax.)
General assistant (5,157,916 ISK per year, pre-tax.)
Retail service clerk (3,579,913 ISK per year, pre-tax.)
Admissions counselor (collegeuniversity) (6,533,393 ISK per year, pre-tax.)
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Please note:The salary estimates on this website are meant for informational use only.
Salary details displayed on optisalary.com are meant for informational purposes exclusively. Our data is sourced through multiple inputs and may not always be accurate. Users must verify salary information independently before making financial commitments. The figures shown here may fluctuate due to variables such as location, industry standards, and individual skill sets. We cannot warrant that the data provided is flawless. By using optisalary.com, you accept that salary information is offered 'as is' and without warranties.
Salary details presented on this website are intended for informational purposes only. Our data comes from multiple sources and may not always be up to date. Users should cross-reference salary information through other means before making employment commitments. The figures listed here may fluctuate due to variables such as location, industry standards, and individual skill sets. We cannot warrant that the data provided is flawless. By using this website, you accept that salary information is offered 'as is' and without warranties.