Director Financial Planning Analysis salary in Latvia

Average Yearly Salary of Director Financial Planning Analysis in Latvia is approximately 54,784 EUR (54,699 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 Director Financial Planning Analysis do?

The occupation of a Director of Financial Planning Analysis involves overseeing and managing the financial planning and analysis function within an organization. This role requires a deep understanding of financial principles, forecasting, budgeting, and data analysis. The director is responsible for developing and implementing financial strategies, conducting financial modeling and scenario analysis, and providing insightful recommendations to senior management. Additionally, the director collaborates with various departments to gather relevant financial data, monitor key performance indicators, and identify areas for improvement. They play a crucial role in evaluating financial risks and opportunities, ensuring compliance with regulations, and driving strategic decision-making. Strong leadership and communication skills are essential for effectively managing a team of financial analysts and presenting financial information to stakeholders.

Skills: Financial Planning, Financial Analysis, Forecasting, Budgeting, Data Analysis, Strategic Decision-Making.
Job industry: Finance

How much does Director Financial Planning Analysis make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Director Financial Planning Analysis a well paid job?

Yes, our data show that Director Financial Planning Analysis 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 Director Financial Planning Analysis?

High salary for Director Financial Planning Analysis would be somewhere between 60,262 EUR and 79,437 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Financial Planning Analysis in Latvia?

Living in Latvia the approximate monthly expenses are: 860 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: 54,784 EUR
Estimated Monthly Salary: 4,565 EUR
Estimated Weekly Salary: 1,054 EUR per week
Estimated Hourly Salary: 26 EUR per hour
By working as Director Financial Planning Analysis a person can save up to 3,698 USD per month or 44,379 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 Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Director Financial Planning Analysis

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 +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 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.

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Data as of 2025

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