Home > Salary > Saudi Arabia > Financial Accounting Manager
A financial accounting manager is responsible for overseeing the financial operations and ensuring accurate and timely recording of transactions within an organization. They supervise a team of accountants, set financial goals, develop accounting procedures, and ensure compliance with financial regulations. The role involves preparing financial statements, conducting audits, analyzing financial data, and providing financial reports to management. Additionally, financial accounting managers collaborate with other departments to streamline processes, manage budgets, and make informed financial decisions. They also play a crucial role in tax planning and ensuring adherence to tax laws. Strong analytical skills, attention to detail, proficiency in accounting software, and knowledge of financial regulations are essential for this role.
Estimated Yearly Salary: 181,990 SAR
Estimated Monthly Salary: 15,166 SAR
Estimated Weekly Salary: 3,500 SAR per week
Estimated Hourly Salary: 87 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,636 SAR
Estimated Weekly Salary: 3,377 SAR per week
Estimated Hourly Salary: 84 SAR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 45,300 USD
Estimated Monthly Salary: 3,775 USD
Estimated Weekly Salary: 871 USD per week
Estimated Hourly Salary: 22 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: 181,990 SAR
Estimated Monthly Salary: 15,166 SAR
Estimated Weekly Salary: 3,500 SAR per week
Estimated Hourly Salary: 87 SAR per hour
By working as Financial Accounting Manager a person can save up to 2,671 USD per month or 32,057 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 Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Financial Accounting Manager
United Arab Emirates is 80,368 USD 77%
Details on Financial Accounting Manager salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Financial Accounting Manager salary in Saudi Arabia
Average Yearly Salary of Financial Accounting Manager in Saudi Arabia is approximately 181,990 SAR (45,300 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 Accounting Manager do?
A financial accounting manager is responsible for overseeing the financial operations and ensuring accurate and timely recording of transactions within an organization. They supervise a team of accountants, set financial goals, develop accounting procedures, and ensure compliance with financial regulations. The role involves preparing financial statements, conducting audits, analyzing financial data, and providing financial reports to management. Additionally, financial accounting managers collaborate with other departments to streamline processes, manage budgets, and make informed financial decisions. They also play a crucial role in tax planning and ensuring adherence to tax laws. Strong analytical skills, attention to detail, proficiency in accounting software, and knowledge of financial regulations are essential for this role.
Skills: Financial Accounting Manager, Financial Operations, Financial Statements, Compliance, Financial Regulations, Tax Planning.
Job industry: Finance
Job industry: Finance
How much does Financial Accounting Manager make?
Salary details
How much does Financial Accounting Manager make?Estimated Yearly Salary: 181,990 SAR
Estimated Monthly Salary: 15,166 SAR
Estimated Weekly Salary: 3,500 SAR per week
Estimated Hourly Salary: 87 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 175,628 SAREstimated Monthly Salary: 14,636 SAR
Estimated Weekly Salary: 3,377 SAR per week
Estimated Hourly Salary: 84 SAR per hour
Last revision of data: 2024-01-08Financial Accounting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 45,300 USD
Estimated Monthly Salary: 3,775 USD
Estimated Weekly Salary: 871 USD per week
Estimated Hourly Salary: 22 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
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Salary comparison to National average
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Financial Accounting Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Financial Accounting Manager in Saudi Arabia earns on average:
1.76 times the average salary (or 176% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Financial Accounting Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Financial Accounting Manager in Saudi Arabia earns on average:
1.76 times the average salary (or 176% of average salary).
Is Financial Accounting Manager a well paid job?
Yes, our data shows that Financial Accounting Manager 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 Accounting Manager?
High salary for Financial Accounting Manager would be somewhere between 200,189 SAR and 263,886 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Accounting Manager in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 181,990 SAR
Estimated Monthly Salary: 15,166 SAR
Estimated Weekly Salary: 3,500 SAR per week
Estimated Hourly Salary: 87 SAR per hour
By working as Financial Accounting Manager a person can save up to 2,671 USD per month or 32,057 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 Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. 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 Accounting Manager
Jordan is 15,646 USD
Iraq is 9,900 USD
Kuwait is 22,080 USD
Qatar is 116,036 USD
Bahrain is 29,485 USDUnited Arab Emirates is 80,368 USD 77%Details on Financial Accounting Manager salary in United Arab Emirates
Oman is 14,907 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
Land development manager (146,271 SAR per year, pre-tax.)
Guidance counselor (97,256 SAR per year, pre-tax.)
Enterprise architect it (249,345 SAR per year, pre-tax.)
Business analyst (computer softwarehardwaresystems) (146,756 SAR per year, pre-tax.)
Chairman of the board (269,002 SAR per year, pre-tax.)
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