Home > Salary > Monaco > Finance Manager
A finance manager is responsible for overseeing the financial operations of an organization and ensuring its financial health. They analyze financial data, prepare financial reports, develop budgets, and make strategic financial decisions to maximize profitability and minimize risks. Finance managers also collaborate with other departments to provide financial insights and advice for effective decision-making. They monitor cash flow, manage investments, and ensure compliance with financial regulations and policies. Additionally, they may be involved in financial forecasting, cost analysis, and financial planning.
Estimated Yearly Salary: 353,118 EUR
Estimated Monthly Salary: 29,427 EUR
Estimated Weekly Salary: 6,791 EUR per week
Estimated Hourly Salary: 170 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 28,396 EUR
Estimated Weekly Salary: 6,553 EUR per week
Estimated Hourly Salary: 164 EUR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 352,804 USD
Estimated Monthly Salary: 29,400 USD
Estimated Weekly Salary: 6,785 USD per week
Estimated Hourly Salary: 170 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: 353,118 EUR
Estimated Monthly Salary: 29,427 EUR
Estimated Weekly Salary: 6,791 EUR per week
Estimated Hourly Salary: 170 EUR per hour
By working as Finance Manager a person can save up to 21,957 USD per month or 263,486 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 Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Finance Manager
Last revision of data: 2025-01-04
Data as of 2025
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Finance Manager salary in Monaco
Average Yearly Salary of Finance Manager in Monaco is approximately 353,118 EUR (352,804 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 Finance Manager do?
A finance manager is responsible for overseeing the financial operations of an organization and ensuring its financial health. They analyze financial data, prepare financial reports, develop budgets, and make strategic financial decisions to maximize profitability and minimize risks. Finance managers also collaborate with other departments to provide financial insights and advice for effective decision-making. They monitor cash flow, manage investments, and ensure compliance with financial regulations and policies. Additionally, they may be involved in financial forecasting, cost analysis, and financial planning.
Skills: finance management, financial analysis, budgeting, financial reporting, risk management, strategic decision-making
Job industry: Finance
Job industry: Finance
How much does Finance Manager make?
Salary details
How much does Finance Manager make?Estimated Yearly Salary: 353,118 EUR
Estimated Monthly Salary: 29,427 EUR
Estimated Weekly Salary: 6,791 EUR per week
Estimated Hourly Salary: 170 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 340,750 EUREstimated Monthly Salary: 28,396 EUR
Estimated Weekly Salary: 6,553 EUR per week
Estimated Hourly Salary: 164 EUR per hour
Last revision of data: 2024-01-06Finance Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 352,804 USD
Estimated Monthly Salary: 29,400 USD
Estimated Weekly Salary: 6,785 USD per week
Estimated Hourly Salary: 170 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
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Country:
Salary comparison to National average
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Finance Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Finance Manager in Monaco earns on average:
2.07 times the average salary (or 207% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Finance Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Finance Manager in Monaco earns on average:
2.07 times the average salary (or 207% of average salary).
Is Finance Manager a well paid job?
Yes, our data show that Finance Manager 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 Finance Manager?
High salary for Finance Manager would be somewhere between 388,430 EUR and 512,021 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Finance Manager in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 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: 353,118 EUR
Estimated Monthly Salary: 29,427 EUR
Estimated Weekly Salary: 6,791 EUR per week
Estimated Hourly Salary: 170 EUR per hour
By working as Finance Manager a person can save up to 21,957 USD per month or 263,486 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 Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Finance Manager
France is 87,056 USD
Italy is 71,694 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 Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Light or delivery services truck driver (93,307 EUR per year, pre-tax.)
Self-enrichment education teacher (86,863 EUR per year, pre-tax.)
Maintenance repairer (117,520 EUR per year, pre-tax.)
Senior clinical data analyst (318,439 EUR per year, pre-tax.)
Web architect (353,964 EUR per year, pre-tax.)
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