Vp Controller salary in Iceland

Average Yearly Salary of Vp Controller in Iceland is approximately 25,897,693 ISK (181,190 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 Vp Controller do?

The Vice President (VP) Controller is a senior-level executive responsible for overseeing the financial operations of an organization. They play a critical role in managing and maintaining the company's financial health, ensuring compliance with accounting standards and regulations, and providing strategic financial guidance to the executive team. The VP Controller typically leads a team of accountants and finance professionals, managing budgeting, financial reporting, auditing, and tax planning activities. They collaborate closely with other departments to analyze financial data, identify areas for improvement, and develop strategies to optimize profitability. The VP Controller also plays a key role in setting financial goals and objectives, monitoring performance, and making recommendations for cost-saving measures or revenue enhancement opportunities. This position requires strong leadership skills, extensive knowledge of accounting principles, excellent analytical abilities, and effective communication skills.

Skills: VP Controller, Financial Operations, Compliance, Strategic Financial Guidance, Financial Reporting, Leadership, Accounting Standards
Job industry: Finance

How much does Vp Controller make?

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


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Salary comparison to National average

Is Vp Controller a well paid job?

Yes, our data show that Vp Controller 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 Vp Controller?

High salary for Vp Controller would be somewhere between 28,487,462 ISK and 37,551,655 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Vp Controller 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: 25,897,693 ISK
Estimated Monthly Salary: 2,158,141 ISK
Estimated Weekly Salary: 498,033 ISK per week
Estimated Hourly Salary: 12,451 ISK per hour
By working as Vp Controller a person can save up to 12,370 USD per month or 148,444 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 Vp Controller

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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