Home > Salary > Iceland > Financial Services Manager
A financial services manager is responsible for overseeing the financial operations of an organization. They analyze financial data, create budgets, develop financial strategies, and ensure compliance with regulatory requirements. Their main goal is to maximize profitability and minimize risk for the company.
The role of a financial services manager includes managing cash flow, monitoring financial transactions, preparing financial reports, and providing financial advice to senior management. They also collaborate with other departments to develop and implement financial plans and strategies.
Key skills for this occupation include strong analytical and problem-solving abilities, excellent communication and leadership skills, attention to detail, and a deep understanding of financial principles and regulations.
Estimated Yearly Salary: 13,291,816 ISK
Estimated Monthly Salary: 1,107,651 ISK
Estimated Weekly Salary: 255,612 ISK per week
Estimated Hourly Salary: 6,390 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,072,202 ISK
Estimated Weekly Salary: 247,431 ISK per week
Estimated Hourly Salary: 6,186 ISK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 93,167 USD
Estimated Monthly Salary: 7,764 USD
Estimated Weekly Salary: 1,792 USD per week
Estimated Hourly Salary: 45 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: 13,291,816 ISK
Estimated Monthly Salary: 1,107,651 ISK
Estimated Weekly Salary: 255,612 ISK per week
Estimated Hourly Salary: 6,390 ISK per hour
By working as Financial Services Manager a person can save up to 5,035 USD per month or 60,421 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 Services Manager
Last revision of data: 2025-01-04
Data as of 2025
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Financial Services Manager salary in Iceland
Average Yearly Salary of Financial Services Manager in Iceland is approximately 13,291,816 ISK (93,167 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 Services Manager do?
A financial services manager is responsible for overseeing the financial operations of an organization. They analyze financial data, create budgets, develop financial strategies, and ensure compliance with regulatory requirements. Their main goal is to maximize profitability and minimize risk for the company.
The role of a financial services manager includes managing cash flow, monitoring financial transactions, preparing financial reports, and providing financial advice to senior management. They also collaborate with other departments to develop and implement financial plans and strategies.
Key skills for this occupation include strong analytical and problem-solving abilities, excellent communication and leadership skills, attention to detail, and a deep understanding of financial principles and regulations.
Skills: Financial services manager, Financial operations, Budgeting, Financial strategies, Risk management, Regulatory compliance.
Job industry: Finance
Job industry: Finance
How much does Financial Services Manager make?
Salary details
How much does Financial Services Manager make?Estimated Yearly Salary: 13,291,816 ISK
Estimated Monthly Salary: 1,107,651 ISK
Estimated Weekly Salary: 255,612 ISK per week
Estimated Hourly Salary: 6,390 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 12,866,425 ISKEstimated Monthly Salary: 1,072,202 ISK
Estimated Weekly Salary: 247,431 ISK per week
Estimated Hourly Salary: 6,186 ISK per hour
Last revision of data: 2024-01-08Financial Services Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 93,167 USD
Estimated Monthly Salary: 7,764 USD
Estimated Weekly Salary: 1,792 USD per week
Estimated Hourly Salary: 45 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 Services Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Services Manager in Iceland earns on average:
1.49 times the average salary (or 149% 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 Services Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Services Manager in Iceland earns on average:
1.49 times the average salary (or 149% of average salary).
Is Financial Services Manager a well paid job?
Yes, our data shows that Financial Services Manager 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 Services Manager?
High salary for Financial Services Manager would be somewhere between 14,620,998 ISK and 19,273,133 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Services Manager 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: 13,291,816 ISK
Estimated Monthly Salary: 1,107,651 ISK
Estimated Weekly Salary: 255,612 ISK per week
Estimated Hourly Salary: 6,390 ISK per hour
By working as Financial Services Manager a person can save up to 5,035 USD per month or 60,421 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 Services Manager
Norway is 130,365 USD
United Kingdom is 61,113 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:
Payroll benefits team lead (11,803,077 ISK per year, pre-tax.)
Assistant in nursing (ain) (6,052,252 ISK per year, pre-tax.)
Air pollution specialist (13,247,677 ISK per year, pre-tax.)
Newscaster (9,726,920 ISK per year, pre-tax.)
Vice president (vp), institutional advancement (21,995,277 ISK per year, pre-tax.)
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