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Financial Services Manager salary in Iraq

Average Yearly Salary of Financial Services Manager in Iraq is approximately 12,179,795 IQD (8,184 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 Financial Services Manager do?

occupation personasA financial services manager is responsible for overseeing the financial operations of an organization. They analyze financial data, create budgets, develop financial strategies, and ensure compliance with regulatory requirements. Their main goal is to maximize profitability and minimize risk for the company. The role of a financial services manager includes managing cash flow, monitoring financial transactions, preparing financial reports, and providing financial advice to senior management. They also collaborate with other departments to develop and implement financial plans and strategies. Key skills for this occupation include strong analytical and problem-solving abilities, excellent communication and leadership skills, attention to detail, and a deep understanding of financial principles and regulations.

Skills: Financial services manager, Financial operations, Budgeting, Financial strategies, Risk management, Regulatory compliance.
Job industry: Finance


How much does Financial Services Manager make?

Salary details
How much does Financial Services Manager make?
Estimated Yearly Salary: 12,179,795 IQD
Estimated Monthly Salary: 1,014,983 IQD
Estimated Weekly Salary: 234,227 IQD per week
Estimated Hourly Salary: 5,856 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 11,727,066 IQD
Estimated Monthly Salary: 977,256 IQD
Estimated Weekly Salary: 225,521 IQD per week
Estimated Hourly Salary: 5,638 IQD per hour
Last revision of data: 2024-01-03



Financial Services Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 8,184 USD
Estimated Monthly Salary: 682 USD
Estimated Weekly Salary: 157 USD per week
Estimated Hourly Salary: 4 USD per hour


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

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.

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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 Financial Services Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Financial Services Manager in Iraq earns on average:
1.49 times the average salary (or 149% of average salary).

Is Financial Services Manager a well paid job?

Yes, our data shows that Financial Services Manager 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 Financial Services Manager?

High salary for Financial Services Manager would be somewhere between 13,397,775 IQD and 17,660,703 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Services 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: 12,179,795 IQD
Estimated Monthly Salary: 1,014,983 IQD
Estimated Weekly Salary: 234,227 IQD per week
Estimated Hourly Salary: 5,856 IQD per hour
By working as Financial Services Manager a person can save up to 442 USD per month or 5,304 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 Financial Services Manager

Iran is 10,742 USDup arrow 31%
Details on Financial Services Manager salary in Iran
Jordan is 12,953 USDup arrow 58%
Details on Financial Services Manager salary in Jordan
Kuwait is 18,264 USDup arrow 123%
Details on Financial Services Manager salary in Kuwait
Saudi Arabia is 37,714 USDup arrow 361%
Details on Financial Services Manager salary in Saudi Arabia
Syria is 5,028 USDdown arrow 39%
Details on Financial Services Manager salary in Syria
Turkey is 14,405 USDup arrow 76%
Details on Financial Services Manager salary in Turkey
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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 Iraq

(93,035,848 IQD per year, pre-tax.)
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
(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.)
(70,443,660 IQD per year, pre-tax.)
(70,429,777 IQD per year, pre-tax.)

Data as of 2025

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optisalary.com displays salary figures solely for informational use. While we strive for accuracy, we do not ensure the validity of all figures. Users should double-check salary details with reliable organizations before making career-related decisions. Salary estimates can fluctuate based on numerous elements, such as company size, negotiation tactics, and industry demand. We accept no responsibility for errors in the pay figures provided. By accessing this website, you acknowledge that salary data is not absolute.
optisalary.com displays salary data solely for reference use. While we endeavor for correctness, we cannot guarantee the validity of all figures. Users should verify salary details with reliable sources before making career-related decisions. Salary estimates can fluctuate based on multiple elements, such as company size, negotiation tactics, and industry demand. We assume no responsibility for errors in the pay estimates provided. By using optisalary.com, you acknowledge that salary data is not absolute.