Home > Salary > Iceland > Operations Manager Financial
An Operations Manager in the financial industry is responsible for overseeing and managing the day-to-day operations of a financial organization. They ensure smooth functioning of various departments, such as accounting, risk management, compliance, and customer service. The Operations Manager develops and implements operational policies and procedures to improve efficiency and effectiveness. They collaborate with senior management to set financial goals and objectives, and monitor progress towards achieving them. Additionally, they analyze financial data, identify trends, and make recommendations for cost reduction and revenue enhancement. The Operations Manager also plays a crucial role in ensuring compliance with regulatory requirements and manages relationships with external stakeholders, such as auditors and regulators.
Estimated Yearly Salary: 15,271,064 ISK
Estimated Monthly Salary: 1,272,589 ISK
Estimated Weekly Salary: 293,674 ISK per week
Estimated Hourly Salary: 7,342 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,231,707 ISK
Estimated Weekly Salary: 284,240 ISK per week
Estimated Hourly Salary: 7,106 ISK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 106,594 USD
Estimated Monthly Salary: 8,883 USD
Estimated Weekly Salary: 2,050 USD per week
Estimated Hourly Salary: 51 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: 15,271,064 ISK
Estimated Monthly Salary: 1,272,589 ISK
Estimated Weekly Salary: 293,674 ISK per week
Estimated Hourly Salary: 7,342 ISK per hour
By working as Operations Manager Financial a person can save up to 6,154 USD per month or 73,848 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 Operations Manager Financial
Last revision of data: 2025-01-04
Data as of 2025
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Operations Manager Financial salary in Iceland
Average Yearly Salary of Operations Manager Financial in Iceland is approximately 15,271,064 ISK (106,594 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 Operations Manager Financial do?
An Operations Manager in the financial industry is responsible for overseeing and managing the day-to-day operations of a financial organization. They ensure smooth functioning of various departments, such as accounting, risk management, compliance, and customer service. The Operations Manager develops and implements operational policies and procedures to improve efficiency and effectiveness. They collaborate with senior management to set financial goals and objectives, and monitor progress towards achieving them. Additionally, they analyze financial data, identify trends, and make recommendations for cost reduction and revenue enhancement. The Operations Manager also plays a crucial role in ensuring compliance with regulatory requirements and manages relationships with external stakeholders, such as auditors and regulators.
Skills: Operations Manager, Financial Industry, Risk Management, Compliance, Financial Analysis, Efficiency Optimization
Job industry: Finance
Job industry: Finance
How much does Operations Manager Financial make?
Salary details
How much does Operations Manager Financial make?Estimated Yearly Salary: 15,271,064 ISK
Estimated Monthly Salary: 1,272,589 ISK
Estimated Weekly Salary: 293,674 ISK per week
Estimated Hourly Salary: 7,342 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 14,780,480 ISKEstimated Monthly Salary: 1,231,707 ISK
Estimated Weekly Salary: 284,240 ISK per week
Estimated Hourly Salary: 7,106 ISK per hour
Last revision of data: 2024-01-08Operations Manager Financial estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 106,594 USD
Estimated Monthly Salary: 8,883 USD
Estimated Weekly Salary: 2,050 USD per week
Estimated Hourly Salary: 51 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 Operations Manager Financial job salary compared to average salary in Iceland.
Comparison shows that a person working as Operations Manager Financial in Iceland earns on average:
1.71 times the average salary (or 171% 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 Operations Manager Financial job salary compared to average salary in Iceland.
Comparison shows that a person working as Operations Manager Financial in Iceland earns on average:
1.71 times the average salary (or 171% of average salary).
Is Operations Manager Financial a well paid job?
Yes, our data shows that Operations Manager Financial 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 Operations Manager Financial?
High salary for Operations Manager Financial would be somewhere between 16,798,170 ISK and 22,143,043 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Operations Manager Financial 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: 15,271,064 ISK
Estimated Monthly Salary: 1,272,589 ISK
Estimated Weekly Salary: 293,674 ISK per week
Estimated Hourly Salary: 7,342 ISK per hour
By working as Operations Manager Financial a person can save up to 6,154 USD per month or 73,848 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 Operations Manager Financial
Norway is 149,285 USD
United Kingdom is 70,202 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:
Vocational education teacher secondary school (7,070,354 ISK per year, pre-tax.)
Guest services agent (3,716,726 ISK per year, pre-tax.)
Minister youth music (6,817,936 ISK per year, pre-tax.)
Hotel sales manager (9,251,099 ISK per year, pre-tax.)
Ship engineer (15,022,469 ISK per year, pre-tax.)
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