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Financial Assistant salary in Nigeria

Average Yearly Salary of Financial Assistant in Nigeria is approximately 3,012,018 NGN (3,590 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 Assistant do?

occupation personasA financial assistant is responsible for providing support to the financial department of an organization. They assist in financial planning, budgeting, and forecasting activities, as well as conducting financial analysis and preparing reports. Their duties may include processing invoices, managing accounts payable and receivable, reconciling bank statements, and assisting with payroll tasks. Financial assistants also play a crucial role in maintaining accurate financial records and ensuring compliance with financial regulations and policies.

Skills: Financial assistant, Finance support, Budgeting, Financial analysis, Reporting, Accounts payable, Receivable management
Job industry: Finance


How much does Financial Assistant make?

Salary details
How much does Financial Assistant make?
Estimated Yearly Salary: 3,012,018 NGN
Estimated Monthly Salary: 251,002 NGN
Estimated Weekly Salary: 57,923 NGN per week
Estimated Hourly Salary: 1,448 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 2,904,264 NGN
Estimated Monthly Salary: 242,022 NGN
Estimated Weekly Salary: 55,851 NGN per week
Estimated Hourly Salary: 1,396 NGN per hour
Last revision of data: 2024-01-06



Financial Assistant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 3,590 USD
Estimated Monthly Salary: 299 USD
Estimated Weekly Salary: 69 USD per week
Estimated Hourly Salary: 2 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.

Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Financial Assistant job salary compared to average salary in Nigeria.
Comparison shows that a person working as Financial Assistant in Nigeria earns on average:
0.76 times the average salary (or 76% of average salary).

Is Financial Assistant a well paid job?

No, our data shows that Financial Assistant is typically not a well-paid job. The salary varies based on experience. Meaning that even though Financial Assistant might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Financial Assistant?

High salary for Financial Assistant would be somewhere between 3,313,220 NGN and 4,367,426 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Assistant in Nigeria?

Living in Nigeria the approximate monthly expenses are: 206 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: 3,012,018 NGN
Estimated Monthly Salary: 251,002 NGN
Estimated Weekly Salary: 57,923 NGN per week
Estimated Hourly Salary: 1,448 NGN per hour
By working as Financial Assistant a person can save up to 94 USD per month or 1,123 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 Nigeria, see costs of living in Nigeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Niger, Chad, Cameroon, Benin.
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 Assistant

Cameroon is 1,157 USDdown arrow 68%
Details on Financial Assistant salary in Cameroon
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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 Nigeria

(44,763,887 NGN per year, pre-tax.)
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
(34,129,168 NGN per year, pre-tax.)

Data as of 2025

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Please note:
This website offers salary estimates for informational purposes only.
This website presents salary insights for informational purposes exclusively. While we collect data from various providers, we do not guarantee full reliability. Users are encouraged to consult external organizations before making major financial decisions. Salaries fluctuate due to numerous factors, such as market demand, employer policies, and geographic location. We cannot provide warranty regarding the correctness of the displayed salary data. Your use of this site confirms your understanding of these terms.
optisalary.com aggregates salary data for educational use only. While we strive to deliver correct estimates, we cannot ensure their absolute precision. Users are highly encouraged to consult additional databases before finalizing financial plans. Salary amounts vary based on several conditions, such as location, job role, and individual qualifications. We make no claims as to the validity of the provided data. Your use of this site indicates agreement of this notice.