Finance & Banking Salary in Saudi Arabia

Saudi Arabia   Saudi Arabia  • Change Location

Average gross salary for Finance & Banking GROSS SALARY
SAR 352,248
Average gorss salary (USD) for Finance & Banking GROSS SALARY (USD)
US$ 93,935
Average net salary for Finance & Banking NET SALARY
SAR 305,356
The most typical salary for Finance & Banking MOST TYPICAL GROSS
SAR 98,117
  Updated: 14 Dec 2019   Diff. gross vs. net: 13%
  Salary entries: 60

Finance & Banking Earnings in Saudi Arabia

Average salary for Finance & Banking in Saudi Arabia is SAR 352,248 (Gross). All data are based on our survey (60 individual salary entries). Average take home earning is SAR 305,356 (Net). The most typical salary is SAR 98,117 (Gross).

Earning percentages

Percentage of people earn this salary or more
8 % SAR 945,744
15 % SAR 702,500
25 % SAR 499,500
53 % SAR 281,266
82 % SAR 127,150
92 % SAR 98,117
98 % SAR 60,190

Earning by careers

Career Avg. gross salary (USD) Salary entries
Finance Manager SAR 427,490 US$ 114,000 10
Financial Analyst SAR 252,351 US$ 67,292 10
Risk Manager SAR 295,600 US$ 78,825 05
Investment Manager SAR 645,500 US$ 172,151 04
Bank Manager SAR 507,680 US$ 135,383 04
Chartered Financial Analyst SAR 315,000 US$ 84,010 04
Financial Accountant SAR 104,500 US$ 27,869 04
MBA SAR 356,000 US$ 94,939 03
Banks SAR 142,234 US$ 37,928 03
Economist SAR 455,000 US$ 121,347 02

Earning by cities

City Avg. gross salary (USD) Salary entries
Riyadh SAR 365,732 US$ 97,532 37
Dammam SAR 255,037 US$ 68,007 13
Jeddah SAR 470,293 US$ 125,416 08

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Salary entries from individual employees for Finance & Banking in Saudi Arabia

Below is the list of 10 individual salary profiles - all added on this website.

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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

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

FINANCIAL ANALYST


 Posted: 24 Nov 2019

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

SELES SERVICES REPRESENTATIVE


 Posted: 14 Oct 2019

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

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

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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

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

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

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

AUDITING


 Posted: 14 Mar 2019

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

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  SALARY BY LEVEL   FINANCE & BANKING   SAUDI ARABIA

Saudi Arabia •  Change Location

Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
More US$ 252,218 SAR 945,744
05
185K US$ 187,342 SAR 702,500
04
165K US$ 160,017 SAR 600,000
01
155K US$ 159,993 SAR 600,000
01
135K US$ 133,200 SAR 499,500
04
125K US$ 121,081 SAR 454,000
04
115K US$ 114,400 SAR 429,000
02
105K US$ 103,037 SAR 386,362
04
95K US$ 95,996 SAR 360,000
02
85K US$ 85,969 SAR 322,500
02
75K US$ 75,008 SAR 281,266
03
65K US$ 63,124 SAR 236,725
04
55K US$ 54,403 SAR 204,000
03
45K US$ 46,883 SAR 175,833
06
35K US$ 33,906 SAR 127,150
04
25K US$ 26,162 SAR 98,117
06
15K US$ 16,052 SAR 60,190
04
Less 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
Men US$ 104,721 SAR 392,690 46
Women US$ 40,056 SAR 150,216 06
N/A US$ 72,326 SAR 271,232 08

  SALARY BY EDUCATION   FINANCE & BANKING   SAUDI ARABIA

Saudi Arabia •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Doctorate Degree US$ 115,338 SAR 432,482 03
Masters Degree US$ 100,407 SAR 376,517 34
Bachelors Degree US$ 87,764 SAR 329,114 21
Some College US$ 14,402 SAR 54,000 01
High School 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 432,482. While Finance & Banking workers with Some College education earn the least, with an average gross income of SAR 54,000. This is 700.85% lower of what Doctorate Degree degree holders earn.


  SALARY BY EXPERIENCE   FINANCE & BANKING   SAUDI ARABIA

Saudi Arabia •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
20+ Years US$ 180,620 SAR 677,286 06
16-20 Years US$ 95,951 SAR 359,816 06
12-16 Years US$ 136,094 SAR 510,333 12
8-12 Years US$ 90,293 SAR 338,586 11
4-8 Years US$ 65,238 SAR 244,650 15
2-4 Years US$ 29,187 SAR 109,460 05
1-2 Years US$ 45,164 SAR 169,360 05

Finance & Banking workers in Saudi Arabia with more years of work experience outperform their counterparts with less experience. Workers with 20+ Years of experience earn a gross average of SAR 677,286 compared to SAR 109,460 for their counterparts with 2-4 Years of experience. The difference between workers with 20+ Years of experience and 2-4 Years is 518.84%.


  SALARY BY AGE   FINANCE & BANKING   SAUDI ARABIA

Saudi Arabia •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
51-56 US$ 209,133 SAR 784,240 03
45-50 US$ 203,227 SAR 762,000 02
39-44 US$ 104,837 SAR 393,128 07
33-38 US$ 119,025 SAR 446,320 17
27-32 US$ 59,404 SAR 222,776 17
22-26 US$ 42,747 SAR 160,300 06
N/A 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. Financial Adviser US$ 186,659 SAR 700,000 01
2. Investment Manager US$ 172,151 SAR 645,500 04
3. Bank Manager US$ 135,383 SAR 507,680 04
4. Economist US$ 121,347 SAR 455,000 02
5. Other Finance Career US$ 118,510 SAR 444,428 07
6. Finance Manager US$ 114,000 SAR 427,490 10
7. MBA US$ 94,939 SAR 356,000 03
8. Chartered Financial Analyst US$ 84,010 SAR 315,000 04
9. Risk Manager US$ 78,825 SAR 295,600 05
10. Financial Analyst US$ 67,292 SAR 252,351 10
11. Financial Coordinator US$ 43,462 SAR 163,000 01
12. Banks US$ 37,928 SAR 142,234 03
13. Stock Broker US$ 31,626 SAR 118,600 01
14. Financial Accountant US$ 27,869 SAR 104,500 04
15. Bank Cashier US$ 18,799 SAR 70,500 01

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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. Investment Manager and Bank Manager follow, earning SAR 645,500 and SAR 507,680, respectively. Bank Cashier earn a gross annual average of SAR 70,500, while Financial Accountant earn SAR 104,500. The gap between the lowest and the highest paid careers is 892.92%.


  SALARY BY JOB TYPE   FINANCE & BANKING   SAUDI ARABIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 98,959 SAR 371,089 55
Contract US$ 38,669 SAR 145,000 05
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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. Jeddah Finance & Banking in Jeddah US$ 125,416 SAR 470,293 08
2. Riyadh Finance & Banking in Riyadh US$ 97,532 SAR 365,732 37
3. Dammam Finance & Banking in Dammam US$ 68,007 SAR 255,037 13

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  SALARY BY COUNTRY    FINANCE & BANKING

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Switzerland Switzerland Finance & Banking in Switzerland US$ 141,500 CHF 133,898 121
2. Australia Australia Finance & Banking in Australia US$ 97,079 AU$ 109,244 142
3. United Kingdom United Kingdom Finance & Banking in United Kingdom US$ 95,932 GBP 64,419 329
4. Germany Germany Finance & Banking in Germany US$ 95,442 EUR 76,211 118
5. Saudi Arabia Saudi Arabia US$ 93,935 SAR 352,248 60
6. United States United States Finance & Banking US$ 92,376 US$ 92,376 928
7. France France Finance & Banking in France US$ 88,096 EUR 71,533 81
8. Norway Norway Finance & Banking in Norway US$ 86,960 NOK 660,002 56
9. Canada Canada Finance & Banking in Canada US$ 78,924 CA$ 85,525 253
10. Finland Finland Finance & Banking in Finland US$ 73,604 EUR 59,197 24

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