Home > Salary > Monaco > Financial Administrator
A financial administrator is responsible for managing the financial operations of an organization. They handle various tasks related to budgeting, financial planning, and record-keeping. Their role involves analyzing financial data, preparing financial reports, and ensuring compliance with financial regulations. They also oversee payroll and accounts payable/receivable functions, monitor cash flow, and make recommendations for improving financial efficiency. Additionally, financial administrators may assist in the development of financial policies and procedures, manage investments, and provide financial advice to management.
Estimated Yearly Salary: 182,615 EUR
Estimated Monthly Salary: 15,218 EUR
Estimated Weekly Salary: 3,512 EUR per week
Estimated Hourly Salary: 88 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,705 EUR
Estimated Weekly Salary: 3,393 EUR per week
Estimated Hourly Salary: 85 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 183,116 USD
Estimated Monthly Salary: 15,260 USD
Estimated Weekly Salary: 3,521 USD per week
Estimated Hourly Salary: 88 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 182,615 EUR
Estimated Monthly Salary: 15,218 EUR
Estimated Weekly Salary: 3,512 EUR per week
Estimated Hourly Salary: 88 EUR per hour
By working as Financial Administrator a person can save up to 7,816 USD per month or 93,798 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 Financial Administrator
Last revision of data: 2025-01-04
Data as of 2025
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Financial Administrator salary in Monaco
Average Yearly Salary of Financial Administrator in Monaco is approximately 182,615 EUR (183,116 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 Administrator do?
A financial administrator is responsible for managing the financial operations of an organization. They handle various tasks related to budgeting, financial planning, and record-keeping. Their role involves analyzing financial data, preparing financial reports, and ensuring compliance with financial regulations. They also oversee payroll and accounts payable/receivable functions, monitor cash flow, and make recommendations for improving financial efficiency. Additionally, financial administrators may assist in the development of financial policies and procedures, manage investments, and provide financial advice to management.
Skills: Financial administration, Budgeting, Financial planning, Record-keeping, Compliance, Cash flow management
Job industry: Finance
Job industry: Finance
How much does Financial Administrator make?
Salary details
How much does Financial Administrator make?Estimated Yearly Salary: 182,615 EUR
Estimated Monthly Salary: 15,218 EUR
Estimated Weekly Salary: 3,512 EUR per week
Estimated Hourly Salary: 88 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 176,460 EUREstimated Monthly Salary: 14,705 EUR
Estimated Weekly Salary: 3,393 EUR per week
Estimated Hourly Salary: 85 EUR per hour
Last revision of data: 2024-01-05Financial Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 183,116 USD
Estimated Monthly Salary: 15,260 USD
Estimated Weekly Salary: 3,521 USD per week
Estimated Hourly Salary: 88 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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 Financial Administrator job salary compared to average salary in Monaco.
Comparison shows that a person working as Financial Administrator in Monaco earns on average:
1.07 times the average salary (or 107% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Financial Administrator job salary compared to average salary in Monaco.
Comparison shows that a person working as Financial Administrator in Monaco earns on average:
1.07 times the average salary (or 107% of average salary).
Is Financial Administrator a well paid job?
Yes, our data show that Financial Administrator is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Financial Administrator?
High salary for Financial Administrator would be somewhere between 200,877 EUR and 264,792 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Administrator 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: 182,615 EUR
Estimated Monthly Salary: 15,218 EUR
Estimated Weekly Salary: 3,512 EUR per week
Estimated Hourly Salary: 88 EUR per hour
By working as Financial Administrator a person can save up to 7,816 USD per month or 93,798 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 Financial Administrator
France is 45,153 USD
Italy is 36,943 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:
Fish and game warden (136,255 EUR per year, pre-tax.)
Sap pp consultant (224,821 EUR per year, pre-tax.)
Crm developer (229,931 EUR per year, pre-tax.)
Marine corp corporal logistics combat (78,347 EUR per year, pre-tax.)
Fixed asset accountant (211,569 EUR per year, pre-tax.)
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