FINANCE MANAGER / SALARY
SOUTH KOREA

SALARY SURVEYS

8

UPDATED
April 2024
About salary data?

CALCULATE YOUR OPTIMUM SALARY!
(based on your career and experience)

AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

1294.53 KRW = 1 USD

99,155,831 KRW

$76,596 USD

Seoul

100,997,947 KRW

119,096,773 KRW

$92,000 USD

Including "Seoul"

Excluding "Seoul"

Every employed person on the world should know this website.
You can help a lot if you add your survey and tell others about the site.
It is translated into 35 languages.

Average Salary / Finance Manager / South Korea

Advertising

Average salary for Finance Manager / South Korea is 99,155,831 KRW per year. The most typical earning is 119,096,773 KRW. All data are based on 8 salary surveys. Salaries are different between men and women. Men receive an average salary of 107,834,361 KRW. Women receive a salary of 63,690,883 KRW.

Based on education, the highest salaries receive people with Masters Degree with salary of 121,815,287 KRW. The second most paid education level is Bachelors Degree with salary of 85,568,442 KRW.

Different experiences affect earning as well. People with 8-12 Years of experience receive salary of 105,892,566 KRW. Employees with 12-16 Years of experience receive 100,455,539 KRW.

Levels / Finance Manager / South Korea (Gross KRW)

Salary Levels (KRW) per Year	Surveys	[%]
3,883,600 KRW - 6,471,399 KRW	0	n/a
6,472,700 KRW - 12,943,999 KRW	0	n/a
12,945,300 KRW - 19,416,699 KRW	0	n/a
19,418,000 KRW - 25,889,299 KRW	0	n/a
25,890,600 KRW - 32,361,999 KRW	0	n/a
32,363,300 KRW - 38,834,599 KRW	0	n/a
38,835,900 KRW - 45,307,299 KRW	0	n/a
45,308,600 KRW - 51,779,899 KRW	0	n/a
51,781,200 KRW - 58,252,599 KRW	0	n/a
58,253,900 KRW - 64,725,199 KRW	1	100% 12.5%
64,726,500 KRW - 71,197,899 KRW	1	87.5% 12.5%
71,199,200 KRW - 77,670,499 KRW	0	n/a
77,671,800 KRW - 84,143,199 KRW	0	n/a
84,144,500 KRW - 90,615,799 KRW	1	75% 12.5%
90,617,100 KRW - 97,088,499 KRW	1	62.5% 12.5%
97,089,800 KRW - 103,561,099 KRW	1	50% 12.5%
103,562,400 KRW - 110,033,799 KRW	0	n/a
110,035,100 KRW - 116,506,399 KRW	0	n/a
THE MOST TYPICAL SALARY
116,507,700 KRW - 122,979,099 KRW	2	37.5% 25%
122,980,400 KRW - 129,451,699 KRW	0	n/a
129,453,000 KRW - 135,924,399 KRW	0	n/a
135,925,700 KRW - 142,396,999 KRW	0	n/a
142,398,300 KRW - 148,869,699 KRW	0	n/a
148,871,000 KRW - 155,342,299 KRW	1	12.5% 12.5%
155,343,600 KRW - 161,814,999 KRW	0	n/a
161,816,300 KRW - 168,287,599 KRW	0	n/a
168,288,900 KRW - 174,760,299 KRW	0	n/a
174,761,600 KRW - 181,232,899 KRW	0	n/a
181,234,200 KRW - 187,705,599 KRW	0	n/a
187,706,900 KRW - 194,178,199 KRW	0	n/a
HIGH SALARIES
194,179,500 KRW - 207,123,499 KRW	0	n/a
207,124,800 KRW - 220,068,799 KRW	0	n/a
220,070,100 KRW - 233,014,099 KRW	0	n/a
233,015,400 KRW - 245,959,399 KRW	0	n/a
245,960,700 KRW - 258,904,699 KRW	0	n/a
258,906,000 KRW - 271,849,999 KRW	0	n/a
271,851,300 KRW - 284,795,299 KRW	0	n/a
284,796,600 KRW - 297,740,599 KRW	0	n/a
297,741,900 KRW - 310,685,899 KRW	0	n/a
310,687,200 KRW - 323,631,199 KRW	0	n/a
323,632,500 KRW - 453,085,599 KRW	0	n/a

Gender / Finance Manager / South Korea (Gross KRW)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	4	107,834,361 KRW
2	Women	2	63,690,883 KRW

Education / Finance Manager / South Korea (Gross KRW)

#		Surveys		AVERAGE SALARY / YEAR
1	Masters Degree	3	121,815,287 KRW
2	Bachelors Degree	5	85,568,442 KRW

Experience / Finance Manager / South Korea (Gross KRW)

#		Surveys
1	8-12 Years	4	105,892,566 KRW
2	12-16 Years	3	100,455,539 KRW
3	0-1 Year	1	68,092,285 KRW

Age / Finance Manager / South Korea (Gross KRW)

#		Surveys
1	31-35	1	150,036,044 KRW
2	n/a	2	117,154,978 KRW
3	41-45	2	92,170,546 KRW
4	36-40	2	78,189,621 KRW
5	21-25	1	68,092,285 KRW

Work Type / Finance Manager / South Korea (Gross KRW)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	7	103,562,412 KRW
2	Part Time	1	68,092,285 KRW

Cities / Finance Manager / South Korea (Gross KRW)

#		Surveys		AVERAGE SALARY / YEAR
1	Seoul	7	100,973,351 KRW
2	Suwon	1	86,215,707 KRW

People's individual salary examples (surveys)

Associate

Posted 20 October 2019
Key knowledge and tasks

"Just fucking do everything. Staring at the monitor."

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Bachelors Degree	0-1 Year	n/a	68,034,000 KRW

Senior Finance Manager

Posted 14 March 2018

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Masters Degree	8-12 Years	n/a	150,001,100 KRW

Finance Manager

Posted 20 September 2017
Key knowledge and tasks

"This position oversees 2 Korean entities, managing a small team. 
•       Project
•       Take on ownership of the project to roll out the corporate accounting ERP system (EXACT) in Korea. 
•       Control/overview the interface system for the accurate information in EXACT
•       Ongoing tasks:
•       Accounting and reporting
•       Responsible for monthly and yearly closing of accounts (EXACT accounting system), once EXACT rollout has been completed. Until then, oversight of external accounting firm. 
•       Responsible for monthly reporting in consolidation software (HFM / HYPERION)
•       Clean up unreliable historical data that was made by external accounting firm for past years to have clean and clear accounting information in our book. 
•       Request development of our accounting system and practice like IC/revaluation
•       Treasury
•       Fund management Dividend/IC loan to group for excess cash resolution."

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Bachelors Degree	8-12 Years	n/a	59,448,700 KRW

FINANCE MANAGER / SALARY SOUTH KOREA

8