Home > Salary > Iceland > Treasury Manager
A Treasury Manager is responsible for overseeing and managing the financial activities of an organization, particularly related to cash flow, risk management, and investment strategies. They are in charge of analyzing and forecasting cash flows, ensuring sufficient liquidity to meet financial obligations, and optimizing the use of funds through effective investment and borrowing decisions. Treasury Managers also develop and implement policies and procedures to mitigate financial risks, such as foreign exchange and interest rate risks. They collaborate with internal departments and external stakeholders, including banks and financial institutions, to negotiate favorable terms for loans and credit facilities. Additionally, they monitor and report on the performance of investments and recommend adjustments to optimize returns.
Estimated Yearly Salary: 18,358,198 ISK
Estimated Monthly Salary: 1,529,850 ISK
Estimated Weekly Salary: 353,042 ISK per week
Estimated Hourly Salary: 8,826 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,479,824 ISK
Estimated Weekly Salary: 341,498 ISK per week
Estimated Hourly Salary: 8,537 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 128,741 USD
Estimated Monthly Salary: 10,728 USD
Estimated Weekly Salary: 2,476 USD per week
Estimated Hourly Salary: 62 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.
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Estimated Yearly Salary: 18,358,198 ISK
Estimated Monthly Salary: 1,529,850 ISK
Estimated Weekly Salary: 353,042 ISK per week
Estimated Hourly Salary: 8,826 ISK per hour
By working as Treasury Manager a person can save up to 8,000 USD per month or 95,995 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 Treasury Manager
Last revision of data: 2025-01-04
Data as of 2025
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Treasury Manager salary in Iceland
Average Yearly Salary of Treasury Manager in Iceland is approximately 18,358,198 ISK (128,741 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 Treasury Manager do?

Skills: Treasury Management, Cash Flow Analysis, Risk Management, Investment Strategies, Financial Planning, Liquidity Management
Job industry: Finance
Job industry: Finance
How much does Treasury Manager make?
Salary details
How much does Treasury Manager make?Estimated Yearly Salary: 18,358,198 ISK
Estimated Monthly Salary: 1,529,850 ISK
Estimated Weekly Salary: 353,042 ISK per week
Estimated Hourly Salary: 8,826 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 17,757,883 ISKEstimated Monthly Salary: 1,479,824 ISK
Estimated Weekly Salary: 341,498 ISK per week
Estimated Hourly Salary: 8,537 ISK per hour
Treasury Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 128,741 USD
Estimated Monthly Salary: 10,728 USD
Estimated Weekly Salary: 2,476 USD per week
Estimated Hourly Salary: 62 USD per hour
Difference in salary year over year or average salary increase is approximately
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
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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 Treasury Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Treasury Manager in Iceland earns on average:
2.05 times the average salary (or 205% 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 Treasury Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Treasury Manager in Iceland earns on average:
2.05 times the average salary (or 205% of average salary).
Is Treasury Manager a well paid job?
Yes, our data show that Treasury Manager 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 Treasury Manager?
High salary for Treasury Manager would be somewhere between 20,194,018 ISK and 26,619,387 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Treasury 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: 18,358,198 ISK
Estimated Monthly Salary: 1,529,850 ISK
Estimated Weekly Salary: 353,042 ISK per week
Estimated Hourly Salary: 8,826 ISK per hour
By working as Treasury Manager a person can save up to 8,000 USD per month or 95,995 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 Treasury Manager
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Iceland
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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.)
Random salary:
Tour guide or escort (5,548,812 ISK per year, pre-tax.)
Wastewater plant operator (6,592,729 ISK per year, pre-tax.)
Avionics test technician (6,879,937 ISK per year, pre-tax.)
Packer packager hand (5,166,981 ISK per year, pre-tax.)
Enrollment manager (11,271,403 ISK per year, pre-tax.)
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optisalary.com aggregates salary data for reference use only. While we strive to deliver correct estimates, we do not warrant their absolute reliability. Users are highly advised to consult additional databases before finalizing financial decisions. Salary amounts fluctuate based on several factors, such as industry trends, negotiation power, and regional demand. We make no guarantees as to the validity of the listed information. Your access of this site acknowledges agreement of this notice.