Home > Salary > Kuwait > Financial Officer
A financial officer is responsible for overseeing the financial operations of an organization. They play a crucial role in managing the company's financial resources, ensuring compliance with financial regulations, and providing strategic financial advice to senior management. Their key responsibilities include budgeting, financial planning and analysis, cash flow management, risk assessment, and financial reporting. Financial officers also monitor financial performance, identify areas for improvement, and develop strategies to enhance profitability and efficiency. They collaborate with various departments to ensure financial goals are met and provide guidance on financial decision-making. Strong analytical skills, attention to detail, and knowledge of financial principles and practices are essential for this role.
Estimated Yearly Salary: 51,016 KWD
Estimated Monthly Salary: 4,251 KWD
Estimated Weekly Salary: 981 KWD per week
Estimated Hourly Salary: 25 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 4,106 KWD
Estimated Weekly Salary: 947 KWD per week
Estimated Hourly Salary: 24 KWD per hour
Last revision of data: 2024-02-06
Estimated Yearly Salary: 17,139 USD
Estimated Monthly Salary: 1,428 USD
Estimated Weekly Salary: 330 USD per week
Estimated Hourly Salary: 8 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: 51,016 KWD
Estimated Monthly Salary: 4,251 KWD
Estimated Weekly Salary: 981 KWD per week
Estimated Hourly Salary: 25 KWD per hour
Our data indicates that by working as Financial Officer you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Financial Officer
Last revision of data: 2025-01-04
Data as of 2025
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Financial Officer salary in Kuwait
Average Yearly Salary of Financial Officer in Kuwait is approximately 51,016 KWD (17,139 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 Officer do?
A financial officer is responsible for overseeing the financial operations of an organization. They play a crucial role in managing the company's financial resources, ensuring compliance with financial regulations, and providing strategic financial advice to senior management. Their key responsibilities include budgeting, financial planning and analysis, cash flow management, risk assessment, and financial reporting. Financial officers also monitor financial performance, identify areas for improvement, and develop strategies to enhance profitability and efficiency. They collaborate with various departments to ensure financial goals are met and provide guidance on financial decision-making. Strong analytical skills, attention to detail, and knowledge of financial principles and practices are essential for this role.
Skills: Financial officer, Finance management, Budgeting, Financial planning, Risk assessment, Financial reporting
Job industry: Finance
Job industry: Finance
How much does Financial Officer make?
Salary details
How much does Financial Officer make?Estimated Yearly Salary: 51,016 KWD
Estimated Monthly Salary: 4,251 KWD
Estimated Weekly Salary: 981 KWD per week
Estimated Hourly Salary: 25 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 49,268 KWDEstimated Monthly Salary: 4,106 KWD
Estimated Weekly Salary: 947 KWD per week
Estimated Hourly Salary: 24 KWD per hour
Last revision of data: 2024-02-06Financial Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,139 USD
Estimated Monthly Salary: 1,428 USD
Estimated Weekly Salary: 330 USD per week
Estimated Hourly Salary: 8 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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Country:
Salary comparison to National average
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Financial Officer job salary compared to average salary in Kuwait.
Comparison shows that a person working as Financial Officer in Kuwait earns on average:
4.15 times the average salary (or 415% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Financial Officer job salary compared to average salary in Kuwait.
Comparison shows that a person working as Financial Officer in Kuwait earns on average:
4.15 times the average salary (or 415% of average salary).
Is Financial Officer a well paid job?
Yes, our data show that Financial Officer 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 Financial Officer?
High salary for Financial Officer would be somewhere between 56,118 KWD and 73,973 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Officer in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 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: 51,016 KWD
Estimated Monthly Salary: 4,251 KWD
Estimated Weekly Salary: 981 KWD per week
Estimated Hourly Salary: 25 KWD per hour
Our data indicates that by working as Financial Officer you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. 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 Officer
Saudi Arabia is 35,166 USD
Iraq is 7,655 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 Kuwait
(419,012 KWD per year, pre-tax.)
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(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
4. Neurosurgeon
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
9. Urologist
(317,161 KWD per year, pre-tax.)
10. Plastic surgeon
(316,850 KWD per year, pre-tax.)
Data as of 2025Random salary:
Vehicle photographer (20,020 KWD per year, pre-tax.)
E-commerce assistant (31,117 KWD per year, pre-tax.)
Bindery worker (18,564 KWD per year, pre-tax.)
District operations manager hair salons (20,020 KWD per year, pre-tax.)
Unmanned aerial vehicle (uav), operator (45,780 KWD per year, pre-tax.)
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