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A financial services manager is responsible for overseeing the financial operations of an organization. They analyze financial data, create budgets, develop financial strategies, and ensure compliance with regulatory requirements. Their main goal is to maximize profitability and minimize risk for the company.
The role of a financial services manager includes managing cash flow, monitoring financial transactions, preparing financial reports, and providing financial advice to senior management. They also collaborate with other departments to develop and implement financial plans and strategies.
Key skills for this occupation include strong analytical and problem-solving abilities, excellent communication and leadership skills, attention to detail, and a deep understanding of financial principles and regulations.
Estimated Yearly Salary: 121,431 MYR
Estimated Monthly Salary: 10,119 MYR
Estimated Weekly Salary: 2,335 MYR per week
Estimated Hourly Salary: 58 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,771 MYR
Estimated Weekly Salary: 2,255 MYR per week
Estimated Hourly Salary: 56 MYR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 24,359 USD
Estimated Monthly Salary: 2,030 USD
Estimated Weekly Salary: 468 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: 121,431 MYR
Estimated Monthly Salary: 10,119 MYR
Estimated Weekly Salary: 2,335 MYR per week
Estimated Hourly Salary: 58 MYR per hour
By working as Financial Services Manager a person can save up to 1,319 USD per month or 15,825 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 Services Manager
Last revision of data: 2025-01-04
Data as of 2025
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Financial Services Manager salary in Malaysia
Average Yearly Salary of Financial Services Manager in Malaysia is approximately 121,431 MYR (24,359 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 Manager do?
A financial services manager is responsible for overseeing the financial operations of an organization. They analyze financial data, create budgets, develop financial strategies, and ensure compliance with regulatory requirements. Their main goal is to maximize profitability and minimize risk for the company.
The role of a financial services manager includes managing cash flow, monitoring financial transactions, preparing financial reports, and providing financial advice to senior management. They also collaborate with other departments to develop and implement financial plans and strategies.
Key skills for this occupation include strong analytical and problem-solving abilities, excellent communication and leadership skills, attention to detail, and a deep understanding of financial principles and regulations.
Skills: Financial services manager, Financial operations, Budgeting, Financial strategies, Risk management, Regulatory compliance.
Job industry: Finance
Job industry: Finance
How much does Financial Services Manager make?
Salary details
How much does Financial Services Manager make?Estimated Yearly Salary: 121,431 MYR
Estimated Monthly Salary: 10,119 MYR
Estimated Weekly Salary: 2,335 MYR per week
Estimated Hourly Salary: 58 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 117,250 MYREstimated Monthly Salary: 9,771 MYR
Estimated Weekly Salary: 2,255 MYR per week
Estimated Hourly Salary: 56 MYR per hour
Last revision of data: 2024-01-06Financial Services Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 24,359 USD
Estimated Monthly Salary: 2,030 USD
Estimated Weekly Salary: 468 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
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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 Services Manager job salary compared to average salary in Malaysia.
Comparison shows that a person working as Financial Services Manager in Malaysia earns on average:
1.55 times the average salary (or 155% 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 Services Manager job salary compared to average salary in Malaysia.
Comparison shows that a person working as Financial Services Manager in Malaysia earns on average:
1.55 times the average salary (or 155% of average salary).
Is Financial Services Manager a well paid job?
Yes, our data shows that Financial Services Manager 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 Manager?
High salary for Financial Services Manager would be somewhere between 133,574 MYR and 176,075 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Services Manager 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: 121,431 MYR
Estimated Monthly Salary: 10,119 MYR
Estimated Weekly Salary: 2,335 MYR per week
Estimated Hourly Salary: 58 MYR per hour
By working as Financial Services Manager a person can save up to 1,319 USD per month or 15,825 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 Services Manager
Thailand is 9,832 USD
Indonesia is 14,407 USD
Singapore is 91,396 USD
Brunei is 42,814 USD
Vietnam is 5,468 USD
Philippines is 5,384 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.)
2. Cardiologist
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
5. Neurosurgeon
(722,312 MYR per year, pre-tax.)
6. Urologist
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
(704,523 MYR per year, pre-tax.)
10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Kitchen director (35,268 MYR per year, pre-tax.)
Qa analyst (100,775 MYR per year, pre-tax.)
Social media marketing manager (99,534 MYR per year, pre-tax.)
Quality engineer metal machining (79,524 MYR per year, pre-tax.)
Network support engineer (96,259 MYR per year, pre-tax.)
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