Home > Salary > Nigeria > Financial Reporting Manager
A financial reporting manager is responsible for overseeing and managing the financial reporting activities of an organization. They are in charge of preparing and analyzing financial statements, ensuring compliance with accounting standards and regulations, and coordinating with internal and external auditors. The financial reporting manager plays a crucial role in providing accurate and timely financial information to key stakeholders, such as senior management, investors, and regulatory bodies. They also collaborate with other departments to gather and consolidate financial data, identify areas for improvement, and implement financial controls and procedures. This role requires strong analytical skills, attention to detail, and knowledge of accounting principles and financial reporting standards.
Estimated Yearly Salary: 8,176,024 NGN
Estimated Monthly Salary: 681,335 NGN
Estimated Weekly Salary: 157,231 NGN per week
Estimated Hourly Salary: 3,931 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 659,604 NGN
Estimated Weekly Salary: 152,216 NGN per week
Estimated Hourly Salary: 3,805 NGN per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 9,762 USD
Estimated Monthly Salary: 814 USD
Estimated Weekly Salary: 188 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 8,176,024 NGN
Estimated Monthly Salary: 681,335 NGN
Estimated Weekly Salary: 157,231 NGN per week
Estimated Hourly Salary: 3,931 NGN per hour
By working as Financial Reporting Manager a person can save up to 608 USD per month or 7,295 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 Manager
Last revision of data: 2025-01-04
Data as of 2025
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Financial Reporting Manager salary in Nigeria
Average Yearly Salary of Financial Reporting Manager in Nigeria is approximately 8,176,024 NGN (9,762 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 Manager do?
A financial reporting manager is responsible for overseeing and managing the financial reporting activities of an organization. They are in charge of preparing and analyzing financial statements, ensuring compliance with accounting standards and regulations, and coordinating with internal and external auditors. The financial reporting manager plays a crucial role in providing accurate and timely financial information to key stakeholders, such as senior management, investors, and regulatory bodies. They also collaborate with other departments to gather and consolidate financial data, identify areas for improvement, and implement financial controls and procedures. This role requires strong analytical skills, attention to detail, and knowledge of accounting principles and financial reporting standards.
Skills: Financial reporting, Accounting, Financial statements, Compliance, Auditing, Financial analysis
Job industry: Finance
Job industry: Finance
How much does Financial Reporting Manager make?
Salary details
How much does Financial Reporting Manager make?Estimated Yearly Salary: 8,176,024 NGN
Estimated Monthly Salary: 681,335 NGN
Estimated Weekly Salary: 157,231 NGN per week
Estimated Hourly Salary: 3,931 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 7,915,248 NGNEstimated Monthly Salary: 659,604 NGN
Estimated Weekly Salary: 152,216 NGN per week
Estimated Hourly Salary: 3,805 NGN per hour
Last revision of data: 2024-01-07Financial Reporting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,762 USD
Estimated Monthly Salary: 814 USD
Estimated Weekly Salary: 188 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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 Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Financial Reporting Manager in Nigeria earns on average:
2.07 times the average salary (or 207% 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 Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Financial Reporting Manager in Nigeria earns on average:
2.07 times the average salary (or 207% of average salary).
Is Financial Reporting Manager a well paid job?
Yes, our data show that Financial Reporting Manager is a very 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 Manager?
High salary for Financial Reporting Manager would be somewhere between 8,993,626 NGN and 11,855,235 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Reporting Manager 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: 8,176,024 NGN
Estimated Monthly Salary: 681,335 NGN
Estimated Weekly Salary: 157,231 NGN per week
Estimated Hourly Salary: 3,931 NGN per hour
By working as Financial Reporting Manager a person can save up to 608 USD per month or 7,295 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 Manager
Cameroon is 3,168 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
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Data as of 2025Random salary:
Investment banking director (10,001,523 NGN per year, pre-tax.)
Sales and service consultant (2,021,051 NGN per year, pre-tax.)
Prep cook (2,130,261 NGN per year, pre-tax.)
Payroll specialist (2,878,872 NGN per year, pre-tax.)
Service operations director (5,261,783 NGN per year, pre-tax.)
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Please note:The salary figures presented here are meant for informational purposes only.
The salary figures presented here are intended for informational purposes only. While we strive to ensure accuracy, we do not guarantee every estimate is flawless. Users should to confirm salary details with official sources before making critical financial decisions. Salary amounts may change due to negotiation, industry trends, and location. We disclaim responsibility for errors in the compensation data displayed.
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