Financial Controller salary in Nigeria

Average Yearly Salary of Financial Controller in Nigeria is approximately 7,430,531 NGN (8,904 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 Controller do?

A financial controller is responsible for overseeing the financial operations of an organization. They play a crucial role in ensuring the accuracy and integrity of financial records, managing budgets, and implementing financial strategies. Their primary responsibilities include financial reporting, analyzing financial data, monitoring cash flow, and providing financial guidance to senior management. The financial controller is also responsible for managing the accounting team, ensuring compliance with financial regulations, and coordinating audits. They collaborate with other departments to develop financial plans and forecasts, identify areas for cost reduction or revenue enhancement, and make strategic business decisions.

Skills: Financial Controller, Financial Reporting, Budget Management, Financial Analysis, Cash Flow Monitoring, Strategic Financial Planning
Job industry: Finance

How much does Financial Controller make?

Difference in salary year over year or average salary increase is approximately 4 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Financial Controller a well paid job?

Yes, our data shows that Financial Controller 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 Controller?

High salary for Financial Controller would be somewhere between 8,173,584 NGN and 10,774,270 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Controller 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: 7,430,531 NGN
Estimated Monthly Salary: 619,211 NGN
Estimated Weekly Salary: 142,895 NGN per week
Estimated Hourly Salary: 3,572 NGN per hour
By working as Financial Controller a person can save up to 536 USD per month or 6,437 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 Controller

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 Nigeria

Data as of 2025

Random salary:
Associate video editor (3,773,336 NGN per year, pre-tax.)
Materials specialist (2,299,699 NGN per year, pre-tax.)
Lead magnetic resonance imaging (mri), technologist (4,704,485 NGN per year, pre-tax.)
Bus operator (2,648,180 NGN per year, pre-tax.)
Regional merchandising manager (4,808,894 NGN per year, pre-tax.)

Feedback about these results