Home > Salary > Norway > Cash Management Specialist
A cash management specialist is responsible for overseeing the financial transactions and cash flow of an organization. They analyze and forecast cash needs, monitor cash balances, and ensure that funds are allocated efficiently. These specialists develop strategies to optimize cash flow, minimize risks, and maximize returns on investments. They may also negotiate with banks and financial institutions to secure favorable terms for cash management services.
The role requires strong analytical skills, attention to detail, and proficiency in financial management software. Cash management specialists should have a deep understanding of banking systems, financial markets, and regulatory requirements. They must be able to identify potential risks and implement appropriate controls to safeguard the organization's cash assets. Effective communication and interpersonal skills are essential when collaborating with internal stakeholders and external partners.
Estimated Yearly Salary: 783,844 NOK
Estimated Monthly Salary: 65,320 NOK
Estimated Weekly Salary: 15,074 NOK per week
Estimated Hourly Salary: 377 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 62,984 NOK
Estimated Weekly Salary: 14,535 NOK per week
Estimated Hourly Salary: 363 NOK per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 71,113 USD
Estimated Monthly Salary: 5,926 USD
Estimated Weekly Salary: 1,368 USD per week
Estimated Hourly Salary: 34 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: 783,844 NOK
Estimated Monthly Salary: 65,320 NOK
Estimated Weekly Salary: 15,074 NOK per week
Estimated Hourly Salary: 377 NOK per hour
By working as Cash Management Specialist a person can save up to 2,106 USD per month or 25,268 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 Norway, see costs of living in Norway.
Estimated Yearly Salary for Cash Management Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Chief administrative officer (cao) (2,552,970 NOK per year, pre-tax.)
Production director radio broadcasting (831,445 NOK per year, pre-tax.)
Cash manager (1,316,942 NOK per year, pre-tax.)
Enterprise architect it (2,759,845 NOK per year, pre-tax.)
Lead computer software engineer applications (1,692,143 NOK per year, pre-tax.)
Cash Management Specialist salary in Norway
Average Yearly Salary of Cash Management Specialist in Norway is approximately 783,844 NOK (71,113 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 Cash Management Specialist do?
A cash management specialist is responsible for overseeing the financial transactions and cash flow of an organization. They analyze and forecast cash needs, monitor cash balances, and ensure that funds are allocated efficiently. These specialists develop strategies to optimize cash flow, minimize risks, and maximize returns on investments. They may also negotiate with banks and financial institutions to secure favorable terms for cash management services.
The role requires strong analytical skills, attention to detail, and proficiency in financial management software. Cash management specialists should have a deep understanding of banking systems, financial markets, and regulatory requirements. They must be able to identify potential risks and implement appropriate controls to safeguard the organization's cash assets. Effective communication and interpersonal skills are essential when collaborating with internal stakeholders and external partners.
Skills: Cash management, Financial analysis, Risk management, Cash flow forecasting, Banking relationships, Financial software.
Job industry: Finance
Job industry: Finance
How much does Cash Management Specialist make?
Salary details
How much does Cash Management Specialist make?Estimated Yearly Salary: 783,844 NOK
Estimated Monthly Salary: 65,320 NOK
Estimated Weekly Salary: 15,074 NOK per week
Estimated Hourly Salary: 377 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 755,810 NOKEstimated Monthly Salary: 62,984 NOK
Estimated Weekly Salary: 14,535 NOK per week
Estimated Hourly Salary: 363 NOK per hour
Last revision of data: 2024-01-02Cash Management Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 71,113 USD
Estimated Monthly Salary: 5,926 USD
Estimated Weekly Salary: 1,368 USD per week
Estimated Hourly Salary: 34 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
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Cash Management Specialist job salary compared to average salary in Norway.
Comparison shows that a person working as Cash Management Specialist in Norway earns on average:
0.8 times the average salary (or 80% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Cash Management Specialist job salary compared to average salary in Norway.
Comparison shows that a person working as Cash Management Specialist in Norway earns on average:
0.8 times the average salary (or 80% of average salary).
Is Cash Management Specialist a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Cash Management Specialist?
High salary for Cash Management Specialist would be somewhere between 862,228 NOK and 1,136,574 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Cash Management Specialist in Norway?
Living in Norway the approximate monthly expenses are: 3,820 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: 783,844 NOK
Estimated Monthly Salary: 65,320 NOK
Estimated Weekly Salary: 15,074 NOK per week
Estimated Hourly Salary: 377 NOK per hour
By working as Cash Management Specialist a person can save up to 2,106 USD per month or 25,268 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 Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Cash Management Specialist
Sweden is 46,858 USD
Finland is 40,405 USD
Russia is 9,522 USD
Denmark is 54,689 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Chief administrative officer (cao) (2,552,970 NOK per year, pre-tax.)
Production director radio broadcasting (831,445 NOK per year, pre-tax.)
Cash manager (1,316,942 NOK per year, pre-tax.)
Enterprise architect it (2,759,845 NOK per year, pre-tax.)
Lead computer software engineer applications (1,692,143 NOK per year, pre-tax.)
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