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

How much does Financial Administrator make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

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

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Monaco

Data as of 2025

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