Home > Salary > Monaco > Financial Director
A Financial Director is a senior executive responsible for overseeing the financial operations and performance of an organization. They play a crucial role in managing the financial health of the company and ensuring its long-term stability and growth. Their primary responsibilities include developing financial strategies, analyzing financial data, preparing financial reports, and providing guidance to the executive team on financial decisions. They are also responsible for budgeting, forecasting, and managing cash flow, as well as monitoring and mitigating financial risks. The Financial Director typically collaborates with other departments to ensure financial objectives are aligned with overall business goals. Strong analytical skills, strategic thinking, and a deep understanding of financial principles and regulations are essential for this role.
Estimated Yearly Salary: 285,506 EUR
Estimated Monthly Salary: 23,792 EUR
Estimated Weekly Salary: 5,491 EUR per week
Estimated Hourly Salary: 137 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 22,987 EUR
Estimated Weekly Salary: 5,305 EUR per week
Estimated Hourly Salary: 133 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 286,573 USD
Estimated Monthly Salary: 23,881 USD
Estimated Weekly Salary: 5,511 USD per week
Estimated Hourly Salary: 138 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: 285,506 EUR
Estimated Monthly Salary: 23,792 EUR
Estimated Weekly Salary: 5,491 EUR per week
Estimated Hourly Salary: 137 EUR per hour
By working as Financial Director a person can save up to 16,438 USD per month or 197,255 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 Director
Last revision of data: 2025-01-04
Data as of 2025
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Financial Director salary in Monaco
Average Yearly Salary of Financial Director in Monaco is approximately 285,506 EUR (286,573 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 Director do?
A Financial Director is a senior executive responsible for overseeing the financial operations and performance of an organization. They play a crucial role in managing the financial health of the company and ensuring its long-term stability and growth. Their primary responsibilities include developing financial strategies, analyzing financial data, preparing financial reports, and providing guidance to the executive team on financial decisions. They are also responsible for budgeting, forecasting, and managing cash flow, as well as monitoring and mitigating financial risks. The Financial Director typically collaborates with other departments to ensure financial objectives are aligned with overall business goals. Strong analytical skills, strategic thinking, and a deep understanding of financial principles and regulations are essential for this role.
Skills: Financial Director, Finance Management, Financial Strategy, Financial Reporting, Budgeting, Risk Management
Job industry: Finance
Job industry: Finance
How much does Financial Director make?
Salary details
How much does Financial Director make?Estimated Yearly Salary: 285,506 EUR
Estimated Monthly Salary: 23,792 EUR
Estimated Weekly Salary: 5,491 EUR per week
Estimated Hourly Salary: 137 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 275,845 EUREstimated Monthly Salary: 22,987 EUR
Estimated Weekly Salary: 5,305 EUR per week
Estimated Hourly Salary: 133 EUR per hour
Last revision of data: 2024-01-02Financial Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 286,573 USD
Estimated Monthly Salary: 23,881 USD
Estimated Weekly Salary: 5,511 USD per week
Estimated Hourly Salary: 138 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
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 Director job salary compared to average salary in Monaco.
Comparison shows that a person working as Financial Director in Monaco earns on average:
1.68 times the average salary (or 168% 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 Director job salary compared to average salary in Monaco.
Comparison shows that a person working as Financial Director in Monaco earns on average:
1.68 times the average salary (or 168% of average salary).
Is Financial Director a well paid job?
Yes, our data shows that Financial Director 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 Director?
High salary for Financial Director would be somewhere between 314,057 EUR and 413,984 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Director 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: 285,506 EUR
Estimated Monthly Salary: 23,792 EUR
Estimated Weekly Salary: 5,491 EUR per week
Estimated Hourly Salary: 137 EUR per hour
By working as Financial Director a person can save up to 16,438 USD per month or 197,255 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 Director
France is 70,512 USD
Italy is 58,011 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.)
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Data as of 2025Random salary:
Data center technician ii (147,484 EUR per year, pre-tax.)
Domestic laundry worker (75,479 EUR per year, pre-tax.)
Retail store operations director (294,099 EUR per year, pre-tax.)
Imam (184,573 EUR per year, pre-tax.)
Operations research analyst (325,355 EUR per year, pre-tax.)
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