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Last updated: April 19, 2024
Chief Financial Officer Salary
in Saudi Arabia
This page is a promotion for ERI’s Assessor Series and is not intended for professional use.
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SAR 600,644
Average Salary
SAR 289/hr
Average Hourly
SAR 132,502
Average Bonus
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Last updated: April 19, 2024
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Salary Recap
The average pay for a Chief Financial Officer is SAR 600,644 a year and SAR 289 an hour in Saudi Arabia. The average salary range for a Chief Financial Officer is between SAR 371,799 and SAR 944,813. On average, a Master's Degree is the highest level of education for a Chief Financial Officer. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Saudi Arabia.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
SAR 682,230
5 Year Change:
14 %
Shift Differentials
Shift Differentials
Calculate Your Shift Differential
If your job has pay differentials, see how much more you could be earning with our shift differential calculator.
Based on the average salary in the United States, if your pay differential is 10%, your pay will increase by SAR 28.88/hour
*some jobs may not have shift differentials, please contact info.eri@erieri.com for additional information.
What Is Shift Differential Pay?
Shift differentials are used to adjust the compensation of an employee due to the time of day or the day of the week that the employee worked.
Learn how shift differential pay works with ERI.
This role may have pay shift differentials that could affect total compensation.
Utilize ERI's signature shift differential data to calculate pay for night shifts, day shifts, and swing shifts and benchmark compensation with confidence. With our robust database, you can accurately price jobs based on industry-specific shift differential policies. ERI compiles shift differential pay data based on salary survey data to help users find reliable compensation information.
Learn how ERI can help determine shift differential rates for multiple employees.
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About Saudi Arabia
Saudi Arabia Cost of Living Score:
Description:
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia and the Middle East. It covers the bulk of the Arabian Peninsula and has a land area of about 2150000 km2 (830000 sq mi), making it the fifth-largest country in Asia and the largest in the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off its east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt and Israel. Saudi Arabia...
Job Summary
Description:
- Develops the financial well-being of an organization by providing financial projections and accounting services, preparing growth plans, and directing staff.
- Directs and coordinates financial affairs according to financial principles and government regulations.
- Plans financial operational strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; and developing action plans.
- Develops, directs, and provides financial analysis of operations by evaluating trends, studying revenue opportunities, establishing critical measurements, accumulating resources, and resolving problems.
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Salary Recap
The average pay for a Chief Financial Officer is SAR 600,644 a year and SAR 289 an hour in Saudi Arabia. The average salary range for a Chief Financial Officer is between SAR 371,799 and SAR 944,813. On average, a Master's Degree is the highest level of education for a Chief Financial Officer. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Saudi Arabia.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Saudi Arabia
Saudi Arabia Cost of Living Score:
Description:
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia and the Middle East. It covers the bulk of the Arabian Peninsula and has a land area of about 2150000 km2 (830000 sq mi), making it the fifth-largest country in Asia and the largest in the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off its east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt and Israel. Saudi Arabia...
Job Summary
Description:
- Develops the financial well-being of an organization by providing financial projections and accounting services, preparing growth plans, and directing staff.
- Directs and coordinates financial affairs according to financial principles and government regulations.
- Plans financial operational strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; and developing action plans.
- Develops, directs, and provides financial analysis of operations by evaluating trends, studying revenue opportunities, establishing critical measurements, accumulating resources, and resolving problems.
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast April 2024
Review compensation trends and get guidance on expected total salary increases for the upcoming year with ERI's National Compensation Forecast.
Read More
Planning Compensation Incentives That Maximize Workforce Engagement
Improve employee engagement and performance by implementing compensation incentive plans into your strategy.
Read More
Planning Global Compensation Budgets for 2024 - March Updated
Learn about global compensation trends and salary increases for 2024, so you can make more informed salary planning decisions.
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