Home > Salary > Israel > Financial Manager
A financial manager is responsible for overseeing the financial health of an organization. They analyze financial data, prepare financial reports, and provide strategic recommendations to the management team. Their primary goal is to ensure that the company's financial resources are utilized effectively and efficiently.
Financial managers monitor cash flow, manage budgets, and make investment decisions to maximize profitability. They also collaborate with other departments to develop financial strategies and ensure compliance with regulations and laws. Additionally, they assess risk and develop risk management strategies to safeguard the organization's assets.
Some key responsibilities of a financial manager include financial forecasting, monitoring financial performance, conducting financial analysis, and managing financial transactions. They may also be involved in negotiating contracts, managing relationships with financial institutions, and overseeing financial audits.
Estimated Yearly Salary: 331,502 ILS
Estimated Monthly Salary: 27,625 ILS
Estimated Weekly Salary: 6,375 ILS per week
Estimated Hourly Salary: 159 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 26,607 ILS
Estimated Weekly Salary: 6,140 ILS per week
Estimated Hourly Salary: 154 ILS per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 82,763 USD
Estimated Monthly Salary: 6,897 USD
Estimated Weekly Salary: 1,592 USD per week
Estimated Hourly Salary: 40 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: 331,502 ILS
Estimated Monthly Salary: 27,625 ILS
Estimated Weekly Salary: 6,375 ILS per week
Estimated Hourly Salary: 159 ILS per hour
By working as Financial Manager a person can save up to 4,711 USD per month or 56,531 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 Financial Manager
Last revision of data: 2025-01-04
Data as of 2025
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Financial Manager salary in Israel
Average Yearly Salary of Financial Manager in Israel is approximately 331,502 ILS (82,763 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 Manager do?
A financial manager is responsible for overseeing the financial health of an organization. They analyze financial data, prepare financial reports, and provide strategic recommendations to the management team. Their primary goal is to ensure that the company's financial resources are utilized effectively and efficiently.
Financial managers monitor cash flow, manage budgets, and make investment decisions to maximize profitability. They also collaborate with other departments to develop financial strategies and ensure compliance with regulations and laws. Additionally, they assess risk and develop risk management strategies to safeguard the organization's assets.
Some key responsibilities of a financial manager include financial forecasting, monitoring financial performance, conducting financial analysis, and managing financial transactions. They may also be involved in negotiating contracts, managing relationships with financial institutions, and overseeing financial audits.
Skills: Financial management, Financial analysis, Budgeting, Risk management, Strategic planning, Compliance
Job industry: Finance
Job industry: Finance
How much does Financial Manager make?
Salary details
How much does Financial Manager make?Estimated Yearly Salary: 331,502 ILS
Estimated Monthly Salary: 27,625 ILS
Estimated Weekly Salary: 6,375 ILS per week
Estimated Hourly Salary: 159 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 319,288 ILSEstimated Monthly Salary: 26,607 ILS
Estimated Weekly Salary: 6,140 ILS per week
Estimated Hourly Salary: 154 ILS per hour
Last revision of data: 2024-01-07Financial Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 82,763 USD
Estimated Monthly Salary: 6,897 USD
Estimated Weekly Salary: 1,592 USD per week
Estimated Hourly Salary: 40 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
Compare salary to other countries
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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 Financial Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Financial Manager in Israel earns on average:
1.72 times the average salary (or 172% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Financial Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Financial Manager in Israel earns on average:
1.72 times the average salary (or 172% of average salary).
Is Financial Manager a well paid job?
Yes, our data shows that Financial 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 Manager?
High salary for Financial Manager would be somewhere between 364,652 ILS and 480,678 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Manager 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: 331,502 ILS
Estimated Monthly Salary: 27,625 ILS
Estimated Weekly Salary: 6,375 ILS per week
Estimated Hourly Salary: 159 ILS per hour
By working as Financial Manager a person can save up to 4,711 USD per month or 56,531 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 Financial Manager
Lebanon is 12,538 USD
Syria is 5,531 USD
Jordan is 14,397 USD
Egypt is 6,187 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.)
(1,831,869 ILS per year, pre-tax.)
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:
Relationship manager banking (371,766 ILS per year, pre-tax.)
Vice president (vp), creative director (440,109 ILS per year, pre-tax.)
Interior architect (221,596 ILS per year, pre-tax.)
Cost controller (254,835 ILS per year, pre-tax.)
Project accountant (252,572 ILS per year, pre-tax.)
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