Home > Salary > Malaysia > 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: 113,428 MYR
Estimated Monthly Salary: 9,452 MYR
Estimated Weekly Salary: 2,181 MYR per week
Estimated Hourly Salary: 55 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,125 MYR
Estimated Weekly Salary: 2,106 MYR per week
Estimated Hourly Salary: 53 MYR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 22,638 USD
Estimated Monthly Salary: 1,887 USD
Estimated Weekly Salary: 435 USD per week
Estimated Hourly Salary: 11 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: 113,428 MYR
Estimated Monthly Salary: 9,452 MYR
Estimated Weekly Salary: 2,181 MYR per week
Estimated Hourly Salary: 55 MYR per hour
By working as Financial Officer a person can save up to 1,175 USD per month or 14,104 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 Malaysia, see costs of living in Malaysia.
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 Malaysia
Average Yearly Salary of Financial Officer in Malaysia is approximately 113,428 MYR (22,638 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: 113,428 MYR
Estimated Monthly Salary: 9,452 MYR
Estimated Weekly Salary: 2,181 MYR per week
Estimated Hourly Salary: 55 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 109,500 MYREstimated Monthly Salary: 9,125 MYR
Estimated Weekly Salary: 2,106 MYR per week
Estimated Hourly Salary: 53 MYR per hour
Last revision of data: 2024-01-02Financial Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 22,638 USD
Estimated Monthly Salary: 1,887 USD
Estimated Weekly Salary: 435 USD per week
Estimated Hourly Salary: 11 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
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Salary comparison to National average
Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Financial Officer job salary compared to average salary in Malaysia.
Comparison shows that a person working as Financial Officer in Malaysia earns on average:
1.45 times the average salary (or 145% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Financial Officer job salary compared to average salary in Malaysia.
Comparison shows that a person working as Financial Officer in Malaysia earns on average:
1.45 times the average salary (or 145% of average salary).
Is Financial Officer a well paid job?
Yes, our data shows that Financial Officer 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 Officer?
High salary for Financial Officer would be somewhere between 124,771 MYR and 164,471 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Officer in Malaysia?
Living in Malaysia the approximate monthly expenses are: 711 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: 113,428 MYR
Estimated Monthly Salary: 9,452 MYR
Estimated Weekly Salary: 2,181 MYR per week
Estimated Hourly Salary: 55 MYR per hour
By working as Financial Officer a person can save up to 1,175 USD per month or 14,104 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 Malaysia, see costs of living in Malaysia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines. 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
Thailand is 9,224 USD
Indonesia is 13,524 USD
Singapore is 85,548 USD
Brunei is 39,929 USD
Vietnam is 5,131 USD
Philippines is 5,026 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 Malaysia
(927,752 MYR per year, pre-tax.)
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5. Neurosurgeon
(722,312 MYR per year, pre-tax.)
6. Urologist
(706,560 MYR per year, pre-tax.)
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10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Water purification systems service technician (63,955 MYR per year, pre-tax.)
Warehouse clerk (53,295 MYR per year, pre-tax.)
Genealogist (53,999 MYR per year, pre-tax.)
Facilities associate (63,955 MYR per year, pre-tax.)
Director marketing business development (114,791 MYR per year, pre-tax.)
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The salary data presented here are meant for reference purposes only. While we attempt to ensure correctness, we do not guarantee all figures is flawless. Users are advised to confirm salary details with official sources before making critical career choices. Salary ranges may change due to negotiation, industry trends, and location. We disclaim responsibility for inaccuracies in the salary data displayed.