FINANCE & BANKING SALARY IN SAUDI ARABIA

Saudi Arabia   Saudi Arabia  • Change Location

Average gross salary for Finance & Banking GROSS SALARY
SAR 348,937
Average gorss salary (USD) for Finance & Banking GROSS SALARY (USD)
US$ 93,044
Average net salary for Finance & Banking NET SALARY
SAR 306,824
The most typical salary for Finance & Banking MOST TYPICAL GROSS
SAR 173,737
  Updated: 27 Jan 2021   Diff. gross vs. net: 12%
  Salary entries: 76

Average salary for Finance & Banking in Saudi Arabia is SAR 348,937.

Average take home earning is SAR 306,824 (Net).

The most typical salary is SAR 173,737 (Gross).

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Percentage of people Earn this salary or more
8 % SAR 963,120
14 % SAR 702,000
25 % SAR 503,600
50 % SAR 277,562
86 % SAR 125,766
93 % SAR 98,117
99 % SAR 60,190
Career Avg. gross salary (USD) Salary entries
Finance Manager SAR 419,575 US$ 111,882 12
Financial Analyst SAR 246,682 US$ 65,781 11
Risk Manager SAR 266,333 US$ 71,017 06
Bank Manager SAR 526,144 US$ 140,287 05
Investment Manager SAR 645,500 US$ 172,151 04
MBA SAR 323,000 US$ 86,139 04
Chartered Financial Analyst SAR 315,000 US$ 84,010 04
Banks SAR 157,676 US$ 42,037 04
Financial Accountant SAR 104,500 US$ 27,869 04
Economist SAR 653,333 US$ 174,174 03
City Avg. gross salary (USD) Salary entries
Riyadh SAR 353,833 US$ 94,348 48
Dammam SAR 255,852 US$ 68,222 14
Jeddah SAR 460,234 US$ 122,724 10
Medina SAR 450,000 US$ 120,009 02
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  SALARY BY LEVEL   FINANCE & BANKING   SAUDI ARABIA

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Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 256,819 SAR 963,120
06
US$ 187,211 SAR 702,000
05
US$ 160,017 SAR 600,000
01
US$ 159,947 SAR 600,000
02
US$ 134,276 SAR 503,600
05
US$ 121,081 SAR 454,000
04
US$ 114,400 SAR 429,000
02
US$ 103,037 SAR 386,362
04
US$ 95,977 SAR 360,000
03
US$ 85,969 SAR 322,500
02
US$ 74,009 SAR 277,562
04
US$ 63,810 SAR 239,316
06
US$ 54,470 SAR 204,285
07
US$ 46,319 SAR 173,737
08
US$ 33,535 SAR 125,766
06
US$ 26,162 SAR 98,117
06
US$ 16,052 SAR 60,190
04
US$ 4,801 SAR 18,000
01

  SALARY BY GENDER   FINANCE & BANKING   SAUDI ARABIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 102,117 SAR 382,961 60
US$ 45,714 SAR 171,468 08
US$ 72,326 SAR 271,232 08

  SALARY BY EDUCATION   FINANCE & BANKING   SAUDI ARABIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 133,425 SAR 500,469 05
US$ 100,347 SAR 376,297 39
US$ 81,916 SAR 307,228 30
US$ 14,402 SAR 54,000 01
US$ 18,799 SAR 70,500 01

Finance & Banking workers holding Doctorate Degree degrees enjoy the highest average gross salaries in Saudi Arabia. With an earned Doctorate Degree, they grosses SAR 500,469. While Finance & Banking workers with Some College education earn the least, with an average gross income of SAR 54,000. This is 826.43% lower of what Doctorate Degree degree holders earn.


  SALARY BY EXPERIENCE   FINANCE & BANKING   SAUDI ARABIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 172,944 SAR 648,635 09
US$ 95,951 SAR 359,816 06
US$ 137,925 SAR 517,230 13
US$ 81,331 SAR 304,993 15
US$ 62,402 SAR 234,033 20
US$ 29,187 SAR 109,460 05
US$ 49,354 SAR 185,114 07
US$ 186,686 SAR 700,000 01

Finance & Banking workers in Saudi Arabia with more years of work experience outperform their counterparts with less experience. Workers with 0-1 Year of experience earn a gross average of SAR 700,000 compared to SAR 109,460 for their counterparts with 2-4 Years of experience. The difference between workers with 0-1 Year of experience and 2-4 Years is 539.62%.


  SALARY BY AGE   FINANCE & BANKING   SAUDI ARABIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 209,133 SAR 784,240 03
US$ 206,215 SAR 773,500 04
US$ 100,608 SAR 377,293 08
US$ 118,056 SAR 442,707 19
US$ 57,305 SAR 214,921 24
US$ 61,719 SAR 231,480 10
US$ 72,326 SAR 271,232 08
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  SALARY BY CAREER   FINANCE & BANKING   SAUDI ARABIA

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# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. US$ 186,659 SAR 700,000 01
2. US$ 174,174 SAR 653,333 03
3. US$ 172,151 SAR 645,500 04
4. US$ 140,287 SAR 526,144 05
5. US$ 111,882 SAR 419,575 12
6. US$ 102,743 SAR 385,250 02
7. US$ 99,799 SAR 374,313 11
8. US$ 86,139 SAR 323,000 04
9. US$ 84,010 SAR 315,000 04
10. US$ 71,017 SAR 266,333 06
11. US$ 65,781 SAR 246,682 11
12. US$ 48,992 SAR 183,800 02
13. US$ 43,462 SAR 163,000 01
14. US$ 42,037 SAR 157,676 04
15. US$ 41,281 SAR 154,900 01
16. US$ 33,604 SAR 126,000 01
17. US$ 27,869 SAR 104,500 04

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In Saudi Arabia economy, Financial Adviser is on the top list of highest earners, earning an average gross salary of SAR 700,000. Economist and Investment Manager follow, earning SAR 653,333 and SAR 645,500, respectively. Financial Accountant earn a gross annual average of SAR 104,500, while Bank Cashier Lead earn SAR 126,000. The gap between the lowest and the highest paid careers is 569.77%.


  SALARY BY JOB TYPE   FINANCE & BANKING   SAUDI ARABIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 97,247 SAR 364,696 68
US$ 57,317 SAR 214,987 08
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  SALARY BY CITY   FINANCE & BANKING   SAUDI ARABIA

Saudi Arabia •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. US$ 122,724 SAR 460,234 10
2. US$ 120,009 SAR 450,000 02
3. US$ 94,348 SAR 353,833 48
4. US$ 68,222 SAR 255,852 14

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  SALARY BY COUNTRY    FINANCE & BANKING

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Switzerland US$ 140,926 CHF 133,925 138
2. Australia US$ 96,428 AU$ 110,078 154
3. United Kingdom US$ 96,311 GBP 65,334 358
4. Germany US$ 93,699 EUR 75,827 139
5. United States US$ 93,196 US$ 93,196 969
6. Saudi Arabia US$ 93,044 SAR 348,937 76
7. France US$ 87,818 EUR 71,386 86
8. Norway US$ 87,453 NOK 674,629 63
9. Canada US$ 78,946 CA$ 86,292 265
10. Finland US$ 75,816 EUR 62,343 30

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(42/42)  FINANCE DIRECTOR


 Posted: 27 Jan 2021

Masters Degree, 20+ years: "CMA certificate Bachelor degree in Commercial Science - Public Administration."
Individual GROSS salary:
SAR 520,000
US$ 138,581


(41/42)  MARKET CONTROLLER


 Posted: 18 Nov 2020

Bachelors Degree, 1-2 years: "Stock exchange control."
Individual GROSS salary:
SAR 200,000
US$ 53,300


(40/42)  SENIOR PYTHON DEVELOPER


 Posted: 11 Oct 2020

Bachelors Degree, 4-8 years: "Python, data science."
Individual GROSS salary:
SAR 180,000
US$ 47,970


(39/42)  DIRECTOR OF PRIVET BANKING


 Posted: 02 Aug 2020

Bachelors Degree, 12-16 years: "MBA Managing a portfolio of more than 3 billions Saudi Riyals."
Individual GROSS salary:
SAR 600,000
US$ 159,901


(38/42)  HR MANAGER


 Posted: 18 Jul 2020

Bachelors Degree, 8-12 years: "Leading HR daily operation HR strategy,HR budget."
Individual GROSS salary:
SAR 266,449
US$ 71,009


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(37/42)  ECONOMIC AND FINANCIAL ADVISOR


 Posted: 17 Jul 2020

Doctorate Degree, 20+ years: "Economic and financial policy advisory. Economic modeling and forecasting."
Individual GROSS salary:
SAR 1,050,000
US$ 279,827


(36/42)  REGULATORY MANAGER


 Posted: 24 Jun 2020

Bachelors Degree, 4-8 years: "Cams cco cme-1 cme-2."
Individual GROSS salary:
SAR 360,000
US$ 95,941


(35/42)  AUDITOR


 Posted: 27 Feb 2020

Bachelors Degree, 8-12 years: "Audit according to his requirements."
Individual GROSS salary:
SAR 120,000
US$ 31,980


(34/42)  INSTITUTIONAL EQUITIES SALES OFFICER


 Posted: 09 Feb 2020

Bachelors Degree, 1-2 years: "Bachelors and masters."
Individual GROSS salary:
SAR 249,000
US$ 66,359


(33/42)  SENIOR DATA SCIENTIST


 Posted: 02 Feb 2020

Doctorate Degree, 4-8 years: "Mining and analyzing data from big data organization’s environment to drive optimization and improvement of product development and business strategies. ? Building, developing custom models and algorithms to address business problems and apply to data sets. ? Implementing text mining techniques to find insights from textual data ? Developing machine learning predictive models ? Coordinating with different functional teams to implement models and monitor outcomes. ? Presenting data using data visualization techniques. ? Leading a team of data scientist/analysts. Foundations of Python for Data Science (DS), Machine Learning (ML), Deep Learning (DL) using Tensorflow with Keras On Microsoft Azure (certificate): Zaka Company with Microsoft."
Individual GROSS salary:
SAR 154,900
US$ 41,281


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(32/42)  CARDS MANAGER


 Posted: 22 Jan 2020

Bachelors Degree, 20+ years: "Card Management."
Individual GROSS salary:
SAR 204,000
US$ 54,366


(31/42)  VICE PRESIDENT


 Posted: 14 Dec 2019

Masters Degree, 16-20 years: "Business Continuity Management, Risk Management."
Individual GROSS salary:
SAR 108,000
US$ 28,803


(30/42)  SENIOR ADVISORY ASSOCIATE


 Posted: 27 Nov 2019

Masters Degree, 2-4 years: "I am a valuations, modelling, and economics consultant. I am responsible for preparing and reviewing financial models for valuations."
Individual GROSS salary:
SAR 18,000
US$ 4,801


(29/42)  FINANCIAL ANALYST


 Posted: 24 Nov 2019

Masters Degree, 8-12 years: "Qualified and experienced accountant."
Individual GROSS salary:
SAR 180,000
US$ 48,005


(28/42)  SELES SERVICES REPRESENTATIVE


 Posted: 14 Oct 2019

Bachelors Degree, 4-8 years: "Sales services representative."
Individual GROSS salary:
SAR 96,000
US$ 25,603


(27/42)  DIRECTOR


 Posted: 29 Aug 2019

Masters Degree, 20+ years: "Handling syndication and financial services for the bank."
Individual GROSS salary:
SAR 814,000
US$ 217,089


(26/42)  SENIOR FINANCIAL ANALYST


 Posted: 17 Jul 2019

Bachelors Degree, 4-8 years: "Analyse financial reports, investment opportunities."
Individual GROSS salary:
SAR 192,000
US$ 51,205


(25/42)  OPERATIONS ACCOUNTING DIVISION HEAD


 Posted: 14 Jun 2019

Bachelors Degree, 12-16 years: "Accounting Department manager."
Individual GROSS salary:
SAR 460,000
US$ 122,680


(24/42)  BANKING


 Posted: 08 Jun 2019

Masters Degree, 0-1 year: "I want to become a bank employee."
Individual GROSS salary:
SAR 700,000
US$ 186,686


(23/42)  TELLER SUPERVISOR


 Posted: 17 May 2019

Bachelors Degree, 4-8 years: "Supervises other bank tellers and make sure that there work is accurate and there cash is balanced."
Individual GROSS salary:
SAR 126,000
US$ 33,604


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(22/42)  BUSINESS ANALYST


 Posted: 16 Apr 2019

Masters Degree, 4-8 years: "Interactive Dashboard / Scorecard development for both Liability and Asset business. Elicitation of requirements and defining design for exhaustive reporting requirements across various line of businesses such as Branch Banking, Remote Deliver Channels (RDC), E-Consumer, Speed Cash (a.k.a. Western Union), Personal Finance and Mortgages. Provide data driven recommendations based on deep dive historic data analysis. Practice governance such as prioritization, controlling change and arranging approvals for requirements. Engage with Stakeholders to finalize on requirements and effort estimations. Delivering solutions within SLA and maintaining quality control. End-to-End documentation from design to go-live."
Individual GROSS salary:
SAR 190,000
US$ 50,672


(21/42)  MANAGER MIS & REPORTING


 Posted: 15 Apr 2019

Masters Degree, 8-12 years: "Budgets, Reporting."
Individual GROSS salary:
SAR 240,000
US$ 64,007


(20/42)  PORTFOLIO MANAGER


 Posted: 09 Apr 2019

Masters Degree, 8-12 years: "Portfolio Management."
Individual GROSS salary:
SAR 224,000
US$ 59,740


(19/42)  IT ANALYST


 Posted: 07 Apr 2019

Bachelors Degree, 8-12 years: "I work as a IT Analyst."
Individual GROSS salary:
SAR 450,000
US$ 120,013


(18/42)  INVESTMENT MANAGER


 Posted: 04 Apr 2019

Masters Degree, 12-16 years: "Investment Managment Corporate finance Private Equity Real Estate Accounting Debt advisory."
Individual GROSS salary:
SAR 384,000
US$ 102,411


(17/42)  AUDITING


 Posted: 14 Mar 2019

Masters Degree, 12-16 years: "Statutory auditor."
Individual GROSS salary:
SAR 600,000
US$ 160,017


(16/42)  ISLAMIC FINANCE SPECIALIST


 Posted: 26 Feb 2019

Doctorate Degree, 8-12 years: "Develop islamic finance industry."
Individual GROSS salary:
SAR 397,448
US$ 105,997


(15/42)  FINANCIAL CONTROLLER


 Posted: 13 Jan 2019

Bachelors Degree, 20+ years: "In the Managerial role for more than 10 years."
Individual GROSS salary:
SAR 187,000
US$ 49,872


(14/42)  INVESTMENT MANAGER REAL ESTATE


 Posted: 17 Dec 2018

Masters Degree, 12-16 years: "Managing real estate investments, financial modelling and arranging funds."
Individual GROSS salary:
SAR 384,000
US$ 102,411


(13/42)  CHIEF FINANCIAL OFFICER


 Posted: 17 Sep 2018

Bachelors Degree, 20+ years: "MANAGE THE FINANCE AND BANK RELATIONS."
Individual GROSS salary:
SAR 1,000,000
US$ 266,695


(12/42)  BUSINESS ANALYST


 Posted: 14 Sep 2018

Bachelors Degree, 1-2 years: "Data analysis, Strategy design in both management consulting and hospitality."
Individual GROSS salary:
SAR 292,800
US$ 78,088


(11/42)  SENIOR MANAGER


 Posted: 30 Aug 2018

Masters Degree, 12-16 years: "Experience in Financial Institutions, Capital Markets, Institutional Sales and Trading, treasury management and financial services; trading and managing investments in varied capacity, and currently heading the Corporate Development and Research."
Individual GROSS salary:
SAR 456,000
US$ 121,613


(10/42)  BUSINESS FINANCE CONTROLLER


 Posted: 09 Aug 2018

Masters Degree, 1-2 years: "Business Finance Controller."
Individual GROSS salary:
SAR 90,000
US$ 24,003


(9/42)  FINANCE MANAGER


 Posted: 05 Jul 2018

Masters Degree, 16-20 years: "Banking, Payment, Treasury, Accounting."
Individual GROSS salary:
SAR 234,900
US$ 62,647


(8/42)  IT MANAGER


 Posted: 04 Jul 2018

Masters Degree, 8-12 years: "Digital Banking."
Individual GROSS salary:
SAR 420,000
US$ 112,012


(7/42)  SENIOR ANALYST


 Posted: 03 Jun 2018

Bachelors Degree, 4-8 years: "Senior Financial Analyst."
Individual GROSS salary:
SAR 220,000
US$ 58,673


(6/42)  SENIOR TREASURY DEALER


 Posted: 01 Jun 2018

Bachelors Degree, 4-8 years: "Fx, Rates, and OTC products senior dealer, responsible for all interbank trading activities in the Fox and OTC markets."
Individual GROSS salary:
SAR 498,000
US$ 132,814


(5/42)  ACCOUNT RECEIVABLE


 Posted: 13 May 2018

Some College, 4-8 years: "Responsible maintaining account receivables up to date."
Individual GROSS salary:
SAR 54,000
US$ 14,402


(4/42)  ADVISOR


 Posted: 08 May 2018

Doctorate Degree, 12-16 years: "Investment in real estate and PE."
Individual GROSS salary:
SAR 700,000
US$ 186,686


(3/42)  INVESTMENT DIRECTOR


 Posted: 26 Mar 2018

Masters Degree, 8-12 years: "Director for Private Equity & Real Estate."
Individual GROSS salary:
SAR 1,000,000
US$ 266,695


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(2/42)  VICE PRESIDENT


 Posted: 18 Jan 2018

Masters Degree, 12-16 years: "Equity management, fixed income management, asset mangement."
Individual GROSS salary:
SAR 1,000,000
US$ 266,695


(1/42)  SPECIALIST MANAGER -PROFITABILITY MANAGEMENT


 Posted: 18 Sep 2017

Masters Degree, 16-20 years: "Maintain and report statistical information related product and services .Evaluate pricing proposals. Develop Business cases for new business ventures,partnership arrangements etc."
Individual GROSS salary:
SAR 276,000
US$ 73,612


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