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A financial reporting analyst is responsible for analyzing and reporting financial data within an organization. They gather and interpret financial information, prepare financial statements, and ensure compliance with accounting standards and regulations. This role involves conducting financial analysis to identify trends and patterns, providing insights and recommendations to management for decision-making purposes. Financial reporting analysts also play a crucial role in the preparation of annual reports, quarterly filings, and other financial disclosures for external stakeholders such as investors, regulators, and auditors. They may collaborate with cross-functional teams, including finance, accounting, and IT, to streamline processes and improve data accuracy and integrity. Strong analytical skills, attention to detail, and knowledge of accounting principles and financial reporting standards are essential for success in this role.
Estimated Yearly Salary: 5,928,391 NGN
Estimated Monthly Salary: 494,033 NGN
Estimated Weekly Salary: 114,008 NGN per week
Estimated Hourly Salary: 2,850 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 476,172 NGN
Estimated Weekly Salary: 109,886 NGN per week
Estimated Hourly Salary: 2,747 NGN per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 7,087 USD
Estimated Monthly Salary: 591 USD
Estimated Weekly Salary: 136 USD per week
Estimated Hourly Salary: 3 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: 5,928,391 NGN
Estimated Monthly Salary: 494,033 NGN
Estimated Weekly Salary: 114,008 NGN per week
Estimated Hourly Salary: 2,850 NGN per hour
By working as Financial Reporting Analyst a person can save up to 385 USD per month or 4,620 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.
Estimated Yearly Salary for Financial Reporting Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Financial Reporting Analyst salary in Nigeria
Average Yearly Salary of Financial Reporting Analyst in Nigeria is approximately 5,928,391 NGN (7,087 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 Reporting Analyst do?
A financial reporting analyst is responsible for analyzing and reporting financial data within an organization. They gather and interpret financial information, prepare financial statements, and ensure compliance with accounting standards and regulations. This role involves conducting financial analysis to identify trends and patterns, providing insights and recommendations to management for decision-making purposes. Financial reporting analysts also play a crucial role in the preparation of annual reports, quarterly filings, and other financial disclosures for external stakeholders such as investors, regulators, and auditors. They may collaborate with cross-functional teams, including finance, accounting, and IT, to streamline processes and improve data accuracy and integrity. Strong analytical skills, attention to detail, and knowledge of accounting principles and financial reporting standards are essential for success in this role.
Skills: financial reporting, financial analysis, accounting, compliance, data analysis, financial statements
Job industry: Finance
Job industry: Finance
How much does Financial Reporting Analyst make?
Salary details
How much does Financial Reporting Analyst make?Estimated Yearly Salary: 5,928,391 NGN
Estimated Monthly Salary: 494,033 NGN
Estimated Weekly Salary: 114,008 NGN per week
Estimated Hourly Salary: 2,850 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,714,060 NGNEstimated Monthly Salary: 476,172 NGN
Estimated Weekly Salary: 109,886 NGN per week
Estimated Hourly Salary: 2,747 NGN per hour
Last revision of data: 2024-01-06Financial Reporting Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,087 USD
Estimated Monthly Salary: 591 USD
Estimated Weekly Salary: 136 USD per week
Estimated Hourly Salary: 3 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
Compare salary to other countries
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Country:
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 Reporting Analyst job salary compared to average salary in Nigeria.
Comparison shows that a person working as Financial Reporting Analyst in Nigeria earns on average:
1.5 times the average salary (or 150% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Financial Reporting Analyst job salary compared to average salary in Nigeria.
Comparison shows that a person working as Financial Reporting Analyst in Nigeria earns on average:
1.5 times the average salary (or 150% of average salary).
Is Financial Reporting Analyst a well paid job?
Yes, our data shows that Financial Reporting Analyst 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 Reporting Analyst?
High salary for Financial Reporting Analyst would be somewhere between 6,521,230 NGN and 8,596,167 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Reporting Analyst 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: 5,928,391 NGN
Estimated Monthly Salary: 494,033 NGN
Estimated Weekly Salary: 114,008 NGN per week
Estimated Hourly Salary: 2,850 NGN per hour
By working as Financial Reporting Analyst a person can save up to 385 USD per month or 4,620 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 Reporting Analyst
Cameroon is 2,283 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 Nigeria
(44,763,887 NGN per year, pre-tax.)
2. Cardiologist
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
7. Oncologist
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Nurse practitioner (np) (8,290,612 NGN per year, pre-tax.)
Market development representative (3,234,127 NGN per year, pre-tax.)
Online communications strategist (4,496,319 NGN per year, pre-tax.)
Pre-kindergarten teacher (2,388,452 NGN per year, pre-tax.)
Global account manager (6,272,647 NGN per year, pre-tax.)
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