Home > Salary > Mexico > Financial Manager
A financial manager is responsible for overseeing the financial health of an organization. They analyze financial data, prepare financial reports, and provide strategic recommendations to the management team. Their primary goal is to ensure that the company's financial resources are utilized effectively and efficiently.
Financial managers monitor cash flow, manage budgets, and make investment decisions to maximize profitability. They also collaborate with other departments to develop financial strategies and ensure compliance with regulations and laws. Additionally, they assess risk and develop risk management strategies to safeguard the organization's assets.
Some key responsibilities of a financial manager include financial forecasting, monitoring financial performance, conducting financial analysis, and managing financial transactions. They may also be involved in negotiating contracts, managing relationships with financial institutions, and overseeing financial audits.
Estimated Yearly Salary: 558,617 MXN
Estimated Monthly Salary: 46,551 MXN
Estimated Weekly Salary: 10,743 MXN per week
Estimated Hourly Salary: 269 MXN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 44,817 MXN
Estimated Weekly Salary: 10,342 MXN per week
Estimated Hourly Salary: 259 MXN per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 27,874 USD
Estimated Monthly Salary: 2,323 USD
Estimated Weekly Salary: 536 USD per week
Estimated Hourly Salary: 13 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: 558,617 MXN
Estimated Monthly Salary: 46,551 MXN
Estimated Weekly Salary: 10,743 MXN per week
Estimated Hourly Salary: 269 MXN per hour
By working as Financial Manager a person can save up to 1,586 USD per month or 19,037 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 Mexico, see costs of living in Mexico.
Estimated Yearly Salary for Financial Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Financial Manager salary in Mexico
Average Yearly Salary of Financial Manager in Mexico is approximately 558,617 MXN (27,874 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 Manager do?
A financial manager is responsible for overseeing the financial health of an organization. They analyze financial data, prepare financial reports, and provide strategic recommendations to the management team. Their primary goal is to ensure that the company's financial resources are utilized effectively and efficiently.
Financial managers monitor cash flow, manage budgets, and make investment decisions to maximize profitability. They also collaborate with other departments to develop financial strategies and ensure compliance with regulations and laws. Additionally, they assess risk and develop risk management strategies to safeguard the organization's assets.
Some key responsibilities of a financial manager include financial forecasting, monitoring financial performance, conducting financial analysis, and managing financial transactions. They may also be involved in negotiating contracts, managing relationships with financial institutions, and overseeing financial audits.
Skills: Financial management, Financial analysis, Budgeting, Risk management, Strategic planning, Compliance
Job industry: Finance
Job industry: Finance
How much does Financial Manager make?
Salary details
How much does Financial Manager make?Estimated Yearly Salary: 558,617 MXN
Estimated Monthly Salary: 46,551 MXN
Estimated Weekly Salary: 10,743 MXN per week
Estimated Hourly Salary: 269 MXN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 537,800 MXNEstimated Monthly Salary: 44,817 MXN
Estimated Weekly Salary: 10,342 MXN per week
Estimated Hourly Salary: 259 MXN per hour
Last revision of data: 2024-01-09Financial Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 27,874 USD
Estimated Monthly Salary: 2,323 USD
Estimated Weekly Salary: 536 USD per week
Estimated Hourly Salary: 13 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Mexico, located in North America, is a vibrant country known for its rich culture and diverse landscapes. With a population of approximately 126 million people, it is the 11th most populous country in the world. Covering an area of about 1,964,375 square kilometers, Mexico is the 14th largest country globally.
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Financial Manager job salary compared to average salary in Mexico.
Comparison shows that a person working as Financial Manager in Mexico earns on average:
1.69 times the average salary (or 169% of average salary).
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Financial Manager job salary compared to average salary in Mexico.
Comparison shows that a person working as Financial Manager in Mexico earns on average:
1.69 times the average salary (or 169% of average salary).
Is Financial Manager a well paid job?
Yes, our data shows that Financial 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 Manager?
High salary for Financial Manager would be somewhere between 614,479 MXN and 809,995 MXN. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Manager in Mexico?
Living in Mexico the approximate monthly expenses are: 736 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: 558,617 MXN
Estimated Monthly Salary: 46,551 MXN
Estimated Weekly Salary: 10,743 MXN per week
Estimated Hourly Salary: 269 MXN per hour
By working as Financial Manager a person can save up to 1,586 USD per month or 19,037 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 Mexico, see costs of living in Mexico.
Salary comparison to region and neighbouring coutries
Country's neighbours are: United States, Belize, Guatemala. 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 Manager
United States is 86,338 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 Mexico
(3,848,140 MXN per year, pre-tax.)
2. Cardiologist
(3,207,036 MXN per year, pre-tax.)
(3,089,000 MXN per year, pre-tax.)
(2,995,691 MXN per year, pre-tax.)
5. Neurosurgeon
(2,986,217 MXN per year, pre-tax.)
6. Urologist
(2,929,358 MXN per year, pre-tax.)
(2,929,338 MXN per year, pre-tax.)
8. Oncologist
(2,923,408 MXN per year, pre-tax.)
(2,918,043 MXN per year, pre-tax.)
(2,917,105 MXN per year, pre-tax.)
Data as of 2025Random salary:
Notary signing agent (409,360 MXN per year, pre-tax.)
Office services assistant (264,880 MXN per year, pre-tax.)
Director strategic sourcing (834,499 MXN per year, pre-tax.)
Registered pharmacist (rph) (675,542 MXN per year, pre-tax.)
Hospicepalliative care director (986,836 MXN per year, pre-tax.)
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