Financial Services Director salary in Latvia

Average Yearly Salary of Financial Services Director in Latvia is approximately 29,522 EUR (29,622 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 Services Director do?

A Financial Services Director is a high-level executive responsible for overseeing and managing the financial operations of an organization. They provide strategic financial guidance and make critical decisions to ensure the company's financial health and stability. Their main responsibilities include developing and implementing financial strategies, analyzing financial data, managing budgets, forecasting financial performance, and identifying areas for improvement. The Financial Services Director works closely with other departments and stakeholders to develop financial plans and objectives aligned with the organization's goals. They also monitor market trends, regulatory changes, and industry developments to identify potential risks and opportunities. Strong leadership skills, excellent financial acumen, and a deep understanding of financial regulations are essential for success in this role.

Skills: Financial Services Director, Finance Management, Strategic Planning, Financial Analysis, Budgeting, Risk Management
Job industry: Finance

How much does Financial Services Director make?

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


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Salary comparison to National average

Is Financial Services Director a well paid job?

Yes, our data shows that Financial Services Director 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 Services Director?

High salary for Financial Services Director would be somewhere between 32,474 EUR and 42,807 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Services Director 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: 29,522 EUR
Estimated Monthly Salary: 2,460 EUR
Estimated Weekly Salary: 568 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Financial Services Director a person can save up to 1,609 USD per month or 19,302 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 Financial Services Director

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.

Top 10 highest salaries in Latvia

Data as of 2025

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