Home > Salary > Israel > Finance Associate
A finance associate is responsible for assisting in the financial operations of an organization. They support the finance team in tasks such as budgeting, financial analysis, forecasting, and financial reporting. Finance associates help to ensure that financial records are accurate, transactions are properly recorded, and financial controls are in place. They may also be involved in preparing financial statements, managing accounts payable and receivable, conducting financial audits, and assisting with tax preparation. Strong analytical skills, attention to detail, and proficiency in financial software are essential for this role. Finance associates often work closely with other departments to gather financial data and provide insights for decision-making. They may also assist in the development and implementation of financial policies and procedures.
Estimated Yearly Salary: 281,606 ILS
Estimated Monthly Salary: 23,467 ILS
Estimated Weekly Salary: 5,416 ILS per week
Estimated Hourly Salary: 135 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 22,636 ILS
Estimated Weekly Salary: 5,224 ILS per week
Estimated Hourly Salary: 131 ILS per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 70,420 USD
Estimated Monthly Salary: 5,868 USD
Estimated Weekly Salary: 1,354 USD per week
Estimated Hourly Salary: 34 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 281,606 ILS
Estimated Monthly Salary: 23,467 ILS
Estimated Weekly Salary: 5,416 ILS per week
Estimated Hourly Salary: 135 ILS per hour
By working as Finance Associate a person can save up to 3,682 USD per month or 44,188 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 Israel, see costs of living in Israel.
Estimated Yearly Salary for Finance Associate
Last revision of data: 2025-01-04
Data as of 2025
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Finance Associate salary in Israel
Average Yearly Salary of Finance Associate in Israel is approximately 281,606 ILS (70,420 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 Finance Associate do?
A finance associate is responsible for assisting in the financial operations of an organization. They support the finance team in tasks such as budgeting, financial analysis, forecasting, and financial reporting. Finance associates help to ensure that financial records are accurate, transactions are properly recorded, and financial controls are in place. They may also be involved in preparing financial statements, managing accounts payable and receivable, conducting financial audits, and assisting with tax preparation. Strong analytical skills, attention to detail, and proficiency in financial software are essential for this role. Finance associates often work closely with other departments to gather financial data and provide insights for decision-making. They may also assist in the development and implementation of financial policies and procedures.
Skills: finance associate, financial operations, budgeting, financial analysis, forecasting, financial reporting
Job industry: Finance
Job industry: Finance
How much does Finance Associate make?
Salary details
How much does Finance Associate make?Estimated Yearly Salary: 281,606 ILS
Estimated Monthly Salary: 23,467 ILS
Estimated Weekly Salary: 5,416 ILS per week
Estimated Hourly Salary: 135 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 271,632 ILSEstimated Monthly Salary: 22,636 ILS
Estimated Weekly Salary: 5,224 ILS per week
Estimated Hourly Salary: 131 ILS per hour
Last revision of data: 2024-01-09Finance Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 70,420 USD
Estimated Monthly Salary: 5,868 USD
Estimated Weekly Salary: 1,354 USD per week
Estimated Hourly Salary: 34 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Finance Associate job salary compared to average salary in Israel.
Comparison shows that a person working as Finance Associate in Israel earns on average:
1.46 times the average salary (or 146% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Finance Associate job salary compared to average salary in Israel.
Comparison shows that a person working as Finance Associate in Israel earns on average:
1.46 times the average salary (or 146% of average salary).
Is Finance Associate a well paid job?
Yes, our data shows that Finance Associate 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 Finance Associate?
High salary for Finance Associate would be somewhere between 309,767 ILS and 408,329 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Finance Associate in Israel?
Living in Israel the approximate monthly expenses are: 2,186 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: 281,606 ILS
Estimated Monthly Salary: 23,467 ILS
Estimated Weekly Salary: 5,416 ILS per week
Estimated Hourly Salary: 135 ILS per hour
By working as Finance Associate a person can save up to 3,682 USD per month or 44,188 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 Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Finance Associate
Lebanon is 10,682 USD
Syria is 4,730 USD
Jordan is 12,185 USD
Egypt is 5,276 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 Israel
(2,288,508 ILS per year, pre-tax.)
2. Cardiologist
(1,903,781 ILS per year, pre-tax.)
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4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
Historian (234,612 ILS per year, pre-tax.)
Drilling rig manager (354,816 ILS per year, pre-tax.)
Front line supervisor (235,529 ILS per year, pre-tax.)
Network administrator it (252,572 ILS per year, pre-tax.)
Marine surveyor (309,756 ILS per year, pre-tax.)
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