Senior Financial Analyst salary in Iceland

Average Yearly Salary of Senior Financial Analyst in Iceland is approximately 16,080,797 ISK (112,424 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 Senior Financial Analyst do?

A senior financial analyst is a professional responsible for analyzing financial data, evaluating investment opportunities, and providing strategic financial advice to organizations. They conduct thorough research and develop financial models to forecast future trends, identify risks and opportunities, and make recommendations for improving financial performance. Senior financial analysts also monitor and analyze financial statements, budgets, and market trends to provide insights into the organization's financial health and help guide decision-making processes. They collaborate with management teams, presenting reports and findings, and advising on strategies to optimize financial outcomes. Additionally, senior financial analysts may manage a team of financial analysts, overseeing their work and providing guidance.

Skills: Senior Financial Analyst, Financial Analysis, Investment Evaluation, Strategic Financial Advice, Financial Modeling, Risk Assessment
Job industry: Finance

How much does Senior Financial Analyst make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Senior Financial Analyst a well paid job?

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

High salary for Senior Financial Analyst would be somewhere between 17,688,877 ISK and 23,317,156 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Financial 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: 16,080,797 ISK
Estimated Monthly Salary: 1,340,066 ISK
Estimated Weekly Salary: 309,246 ISK per week
Estimated Hourly Salary: 7,731 ISK per hour
By working as Senior Financial Analyst a person can save up to 6,640 USD per month or 79,678 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 Senior Financial Analyst

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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