Home > Salary > Kuwait > It Finance Manager
An IT Finance Manager is responsible for overseeing the financial operations and planning within an IT department or organization. They play a crucial role in ensuring effective budgeting, financial analysis, and cost management related to IT projects and initiatives. Their primary responsibilities include developing and managing IT budgets, tracking expenses, conducting financial analysis, providing financial recommendations and forecasts, and ensuring compliance with financial regulations. Additionally, they collaborate with IT teams and stakeholders to align financial goals with business objectives, optimize resource allocation, and identify cost-saving opportunities. Strong analytical skills, financial acumen, and knowledge of IT systems and processes are essential for success in this role.
Estimated Yearly Salary: 72,689 KWD
Estimated Monthly Salary: 6,057 KWD
Estimated Weekly Salary: 1,398 KWD per week
Estimated Hourly Salary: 35 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,850 KWD
Estimated Weekly Salary: 1,350 KWD per week
Estimated Hourly Salary: 34 KWD per hour
Last revision of data: 2024-02-07
Estimated Yearly Salary: 24,308 USD
Estimated Monthly Salary: 2,026 USD
Estimated Weekly Salary: 467 USD per week
Estimated Hourly Salary: 12 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: 72,689 KWD
Estimated Monthly Salary: 6,057 KWD
Estimated Weekly Salary: 1,398 KWD per week
Estimated Hourly Salary: 35 KWD per hour
By working as It Finance Manager a person can save up to 426 USD per month or 5,108 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 Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for It Finance Manager
Last revision of data: 2025-01-04
Data as of 2025
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It Finance Manager salary in Kuwait
Average Yearly Salary of It Finance Manager in Kuwait is approximately 72,689 KWD (24,308 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 It Finance Manager do?
An IT Finance Manager is responsible for overseeing the financial operations and planning within an IT department or organization. They play a crucial role in ensuring effective budgeting, financial analysis, and cost management related to IT projects and initiatives. Their primary responsibilities include developing and managing IT budgets, tracking expenses, conducting financial analysis, providing financial recommendations and forecasts, and ensuring compliance with financial regulations. Additionally, they collaborate with IT teams and stakeholders to align financial goals with business objectives, optimize resource allocation, and identify cost-saving opportunities. Strong analytical skills, financial acumen, and knowledge of IT systems and processes are essential for success in this role.
Skills: IT finance, financial analysis, budget management, cost control, financial forecasting, compliance
Job industry: Finance
Job industry: Finance
How much does It Finance Manager make?
Salary details
How much does It Finance Manager make?Estimated Yearly Salary: 72,689 KWD
Estimated Monthly Salary: 6,057 KWD
Estimated Weekly Salary: 1,398 KWD per week
Estimated Hourly Salary: 35 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 70,196 KWDEstimated Monthly Salary: 5,850 KWD
Estimated Weekly Salary: 1,350 KWD per week
Estimated Hourly Salary: 34 KWD per hour
Last revision of data: 2024-02-07It Finance Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 24,308 USD
Estimated Monthly Salary: 2,026 USD
Estimated Weekly Salary: 467 USD per week
Estimated Hourly Salary: 12 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 It Finance Manager job salary compared to average salary in Kuwait.
Comparison shows that a person working as It Finance Manager in Kuwait earns on average:
5.91 times the average salary (or 591% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated It Finance Manager job salary compared to average salary in Kuwait.
Comparison shows that a person working as It Finance Manager in Kuwait earns on average:
5.91 times the average salary (or 591% of average salary).
Is It Finance Manager a well paid job?
Yes, our data shows that It Finance Manager is an extremely well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for It Finance Manager?
High salary for It Finance Manager would be somewhere between 79,958 KWD and 105,399 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as It Finance Manager 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: 72,689 KWD
Estimated Monthly Salary: 6,057 KWD
Estimated Weekly Salary: 1,398 KWD per week
Estimated Hourly Salary: 35 KWD per hour
By working as It Finance Manager a person can save up to 426 USD per month or 5,108 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 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 It Finance Manager
Saudi Arabia is 50,081 USD
Iraq is 10,924 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.)
2. Cardiologist
(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:
Erp business analyst (56,279 KWD per year, pre-tax.)
Lyricist (32,032 KWD per year, pre-tax.)
Journeyman insulator (27,032 KWD per year, pre-tax.)
Sheetrock taper (31,204 KWD per year, pre-tax.)
Program administrator non-profit organization (42,329 KWD per year, pre-tax.)
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