Home > Salary > Iraq > Commercial Finance Manager
A commercial finance manager is responsible for overseeing the financial operations of a company, with a focus on commercial aspects. They analyze financial data and provide strategic recommendations to optimize profitability and minimize risk. Their duties include preparing financial reports, budgets, and forecasts, managing cash flow, evaluating investment opportunities, and ensuring compliance with financial regulations. They collaborate with other departments to develop pricing strategies, negotiate contracts, and assess the financial impact of business decisions. Additionally, they may supervise a team of financial analysts and work closely with senior management to drive business growth and achieve financial objectives.
Estimated Yearly Salary: 18,894,916 IQD
Estimated Monthly Salary: 1,574,576 IQD
Estimated Weekly Salary: 363,364 IQD per week
Estimated Hourly Salary: 9,084 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,526,584 IQD
Estimated Weekly Salary: 352,289 IQD per week
Estimated Hourly Salary: 8,807 IQD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 12,817 USD
Estimated Monthly Salary: 1,068 USD
Estimated Weekly Salary: 246 USD per week
Estimated Hourly Salary: 6 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: 18,894,916 IQD
Estimated Monthly Salary: 1,574,576 IQD
Estimated Weekly Salary: 363,364 IQD per week
Estimated Hourly Salary: 9,084 IQD per hour
By working as Commercial Finance Manager a person can save up to 828 USD per month or 9,937 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 Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Commercial Finance Manager
Last revision of data: 2025-01-04
Data as of 2025
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Commercial Finance Manager salary in Iraq
Average Yearly Salary of Commercial Finance Manager in Iraq is approximately 18,894,916 IQD (12,817 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 Commercial Finance Manager do?
A commercial finance manager is responsible for overseeing the financial operations of a company, with a focus on commercial aspects. They analyze financial data and provide strategic recommendations to optimize profitability and minimize risk. Their duties include preparing financial reports, budgets, and forecasts, managing cash flow, evaluating investment opportunities, and ensuring compliance with financial regulations. They collaborate with other departments to develop pricing strategies, negotiate contracts, and assess the financial impact of business decisions. Additionally, they may supervise a team of financial analysts and work closely with senior management to drive business growth and achieve financial objectives.
Skills: Commercial finance manager, Financial analysis, Strategic planning, Risk management, Budgeting, Cash flow management
Job industry: Finance
Job industry: Finance
How much does Commercial Finance Manager make?
Salary details
How much does Commercial Finance Manager make?Estimated Yearly Salary: 18,894,916 IQD
Estimated Monthly Salary: 1,574,576 IQD
Estimated Weekly Salary: 363,364 IQD per week
Estimated Hourly Salary: 9,084 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 18,319,002 IQDEstimated Monthly Salary: 1,526,584 IQD
Estimated Weekly Salary: 352,289 IQD per week
Estimated Hourly Salary: 8,807 IQD per hour
Last revision of data: 2024-01-05Commercial Finance Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 12,817 USD
Estimated Monthly Salary: 1,068 USD
Estimated Weekly Salary: 246 USD per week
Estimated Hourly Salary: 6 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
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Finance Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Commercial Finance Manager in Iraq earns on average:
2.32 times the average salary (or 232% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Finance Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Commercial Finance Manager in Iraq earns on average:
2.32 times the average salary (or 232% of average salary).
Is Commercial Finance Manager a well paid job?
Yes, our data show that Commercial Finance 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 Commercial Finance Manager?
High salary for Commercial Finance Manager would be somewhere between 20,784,408 IQD and 27,397,628 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Commercial Finance Manager in Iraq?
Living in Iraq the approximate monthly expenses are: 240 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: 18,894,916 IQD
Estimated Monthly Salary: 1,574,576 IQD
Estimated Weekly Salary: 363,364 IQD per week
Estimated Hourly Salary: 9,084 IQD per hour
By working as Commercial Finance Manager a person can save up to 828 USD per month or 9,937 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 Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Commercial Finance Manager
Iran is 16,848 USD
Jordan is 20,329 USD
Kuwait is 28,655 USD
Saudi Arabia is 58,922 USD
Syria is 7,813 USD
Turkey is 22,659 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Hr file clerk (3,590,400 IQD per year, pre-tax.)
Er consultant (13,763,334 IQD per year, pre-tax.)
Group sales manager (8,819,382 IQD per year, pre-tax.)
Security guard gate (3,590,400 IQD per year, pre-tax.)
Optical element coater (7,324,143 IQD per year, pre-tax.)
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