Financial Manager salary in Saudi Arabia
Gross annual earnings — 2022 · Middle East · Source: ILO / Life Indexed estimate
Financial Manager salary in Saudi Arabia over time
Financial Manager salary — Middle East comparison
How Saudi Arabia compares to other Middle East countries
| Country | Average salary (2022) | vs Saudi Arabia |
|---|---|---|
| Saudi Arabia | SAR 211,100/yr | — |
| Turkey | TRY 794,900/yr | local currency |
| Qatar | QAR 256,200/yr | local currency |
| UAE | AED 237,000/yr | local currency |
| Bahrain | BHD 22,700/yr | local currency |
| Jordan | JOD 22,300/yr | local currency |
| Kuwait | KWD 20,500/yr | local currency |
Financial Manager salary worldwide
Frequently asked questions about Financial Manager salaries in Saudi Arabia
What is the average Financial Manager salary in Saudi Arabia in 2022?
The average financial manager salary in Saudi Arabia in 2022 is SAR 211,100 per year (SAR 17,592 per month, or SAR 4,060 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.
What is the salary range for a Financial Manager in Saudi Arabia?
Financial Managers in Saudi Arabia earn between SAR 137,200 and SAR 306,200 per year in 2022. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.
How much does a Financial Manager earn per month in Saudi Arabia?
A financial manager in Saudi Arabia earns approximately SAR 17,592 per month (gross) in 2022, based on an annual average of SAR 211,100. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Saudi Arabia.
What is the entry-level Financial Manager salary in Saudi Arabia?
Entry-level financial managers in Saudi Arabia typically earn between SAR 137,200 and SAR 179,400 per year in 2022. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.
Is the Financial Manager salary in Saudi Arabia increasing?
Yes. Based on available data, Financial Manager salaries in Saudi Arabia have grown by approximately 16% between 2022 and 2026, reflecting ongoing demand and wage growth trends.
Is SAR 211,100 a good salary for a Financial Manager in Saudi Arabia?
Whether SAR 211,100 per year is a good financial manager salary in Saudi Arabia depends on cost of living, location, and career stage. This figure represents the 2022 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.
How does the Financial Manager salary in Saudi Arabia compare to other Middle East countries?
Saudi Arabia's financial manager salary of SAR 211,100/yr (among comparable economies) is higher than 3 countries and lower than 3 countries in the Middle East region as of 2022. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.