Financial Manager salary in Saudi Arabia

The average financial manager salary in Saudi Arabia in 2024 is SAR 229,500 per year (SAR 19,125 per month, or SAR 4,413 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.

Financial Managers in Saudi Arabia earn between SAR 149,200 and SAR 332,800 per year in 2024. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.

A financial manager in Saudi Arabia earns approximately SAR 19,125 per month (gross) in 2024, based on an annual average of SAR 229,500. 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.

Entry-level financial managers in Saudi Arabia typically earn between SAR 149,200 and SAR 195,100 per year in 2024. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.

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.

Whether SAR 229,500 per year is a good financial manager salary in Saudi Arabia depends on cost of living, location, and career stage. This figure represents the 2024 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.

Saudi Arabia's financial manager salary of SAR 229,500/yr (among comparable economies) is higher than 3 countries and lower than 3 countries in the Middle East region as of 2024. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.