Home > Salary > Norway > Commercial Finance Manager
A commercial finance manager is responsible for overseeing the financial operations of a company, with a focus on commercial aspects. They analyze financial data and provide strategic recommendations to optimize profitability and minimize risk. Their duties include preparing financial reports, budgets, and forecasts, managing cash flow, evaluating investment opportunities, and ensuring compliance with financial regulations. They collaborate with other departments to develop pricing strategies, negotiate contracts, and assess the financial impact of business decisions. Additionally, they may supervise a team of financial analysts and work closely with senior management to drive business growth and achieve financial objectives.
Estimated Yearly Salary: 2,237,625 NOK
Estimated Monthly Salary: 186,469 NOK
Estimated Weekly Salary: 43,031 NOK per week
Estimated Hourly Salary: 1,076 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 180,363 NOK
Estimated Weekly Salary: 41,622 NOK per week
Estimated Hourly Salary: 1,041 NOK per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 204,218 USD
Estimated Monthly Salary: 17,018 USD
Estimated Weekly Salary: 3,927 USD per week
Estimated Hourly Salary: 98 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: 2,237,625 NOK
Estimated Monthly Salary: 186,469 NOK
Estimated Weekly Salary: 43,031 NOK per week
Estimated Hourly Salary: 1,076 NOK per hour
By working as Commercial Finance Manager a person can save up to 13,198 USD per month or 158,373 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 Commercial Finance Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Senior staff accountant (984,200 NOK per year, pre-tax.)
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Purchaser (674,177 NOK per year, pre-tax.)
International operations manager (1,573,042 NOK per year, pre-tax.)
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Commercial Finance Manager salary in Norway
Average Yearly Salary of Commercial Finance Manager in Norway is approximately 2,237,625 NOK (204,218 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 Commercial Finance Manager do?
A commercial finance manager is responsible for overseeing the financial operations of a company, with a focus on commercial aspects. They analyze financial data and provide strategic recommendations to optimize profitability and minimize risk. Their duties include preparing financial reports, budgets, and forecasts, managing cash flow, evaluating investment opportunities, and ensuring compliance with financial regulations. They collaborate with other departments to develop pricing strategies, negotiate contracts, and assess the financial impact of business decisions. Additionally, they may supervise a team of financial analysts and work closely with senior management to drive business growth and achieve financial objectives.
Skills: Commercial finance manager, Financial analysis, Strategic planning, Risk management, Budgeting, Cash flow management
Job industry: Finance
Job industry: Finance
How much does Commercial Finance Manager make?
Salary details
How much does Commercial Finance Manager make?Estimated Yearly Salary: 2,237,625 NOK
Estimated Monthly Salary: 186,469 NOK
Estimated Weekly Salary: 43,031 NOK per week
Estimated Hourly Salary: 1,076 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,164,360 NOKEstimated Monthly Salary: 180,363 NOK
Estimated Weekly Salary: 41,622 NOK per week
Estimated Hourly Salary: 1,041 NOK per hour
Last revision of data: 2024-01-05Commercial Finance Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 204,218 USD
Estimated Monthly Salary: 17,018 USD
Estimated Weekly Salary: 3,927 USD per week
Estimated Hourly Salary: 98 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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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 Commercial Finance Manager job salary compared to average salary in Norway.
Comparison shows that a person working as Commercial Finance Manager in Norway earns on average:
2.29 times the average salary (or 229% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Finance Manager job salary compared to average salary in Norway.
Comparison shows that a person working as Commercial Finance Manager in Norway earns on average:
2.29 times the average salary (or 229% of average salary).
Is Commercial Finance Manager a well paid job?
Yes, our data show that Commercial Finance 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 Commercial Finance Manager?
High salary for Commercial Finance Manager would be somewhere between 2,461,388 NOK and 3,244,556 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Commercial Finance Manager 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: 2,237,625 NOK
Estimated Monthly Salary: 186,469 NOK
Estimated Weekly Salary: 43,031 NOK per week
Estimated Hourly Salary: 1,076 NOK per hour
By working as Commercial Finance Manager a person can save up to 13,198 USD per month or 158,373 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 Commercial Finance Manager
Sweden is 134,576 USD
Finland is 115,885 USD
Russia is 27,398 USD
Denmark is 156,237 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:
Senior staff accountant (984,200 NOK per year, pre-tax.)
Insurance underwriter healthcare (1,284,520 NOK per year, pre-tax.)
Purchaser (674,177 NOK per year, pre-tax.)
International operations manager (1,573,042 NOK per year, pre-tax.)
Youth librarian (732,795 NOK per year, pre-tax.)
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