Financial Controller Salary in Munich, DE

Change Country
Change Country

Get Salary Data on All Global Countries

How much does a Financial Controller make in Munich, DE? The average Financial Controller salary in Munich, DE is €144,867 as of March 23, 2021, but the range typically falls between €110,012 and €195,513. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

View as graph View as table
Global Market Data
50TH(Median) €144,867 25TH €110,012 75TH €195,513

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

Change Search Criteria

See it in Action

Skills to Boost a Financial Controller Salary

Mastering key skills can significantly increase your earning potential as a Financial Controller. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 5% salary raise, while strong General Ledger skills boost pay by a 3%. Even Generally Accepted Accounting Principles can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
General Ledger
Creating and keeping track of business transactions and activities to monitor financial operations.
Generally Accepted Accounting Principles
Helping and maintaining accounting rules and standards for financial reporting to ensure consistency and transparency.
More Skills...
Based on recent job listings, in-demand skills in the Financial Controller field include Analysis (5%), General Ledger (3%), Generally Accepted Accounting Principles (1%), Financial Analysis (1%), and Accounting Software (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis €152,111
Analysis
€152,111
5%
General Ledger €149,213
General Ledger
€149,213
3%
Generally Accepted Accounting Principles €146,316
Generally Accepted Accounting Principles
€146,316
1%
Financial Analysis €146,316
Financial Analysis
€146,316
1%
Accounting Software €146,316
Accounting Software
€146,316
1%
Analysis
6.83%
General Ledger
1.18%
Generally Accepted Accounting Principles
3.57%
Financial Analysis
9.57%
Accounting Software
2.40%
Job Openings for Financial Controller in Munich, Germany
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

About Munich, Germany

Munich lies on the elevated plains of Upper Bavaria, about 50 km (31 mi) north of the northern edge of the Alps, at an altitude of about 520 m (1,706 ft) ASL. The local rivers are the Isar and the Würm. Munich is situated in the Northern Alpine Foreland. The northern part of this sandy plateau includes a highly fertile flint area which is no longer affected by the folding processes found in the Alps, while the southern part is covered with morainic hills. Between these are fields of fluvio-glacial out-wash, such as around Munich. Wherever these deposits get thinner, the ground water can perme...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Financial Controller Pay Difference by Cities

City, Country Compared to national average
City, Country Rhine-Ruhr, DE Compared to national average
-3.5%
City, Country Stuttgart, DE Compared to national average
+ 0.3%
City, Country Dusseldorf, DE Compared to national average
-0.7%
City, Country Cologne, DE Compared to national average
+ 10.5%
City, Country Bremen/Oldenburg, DE Compared to national average
+ 1.2%
City, Country Frankfurt/Rhine-Main, DE Compared to national average
+ 0.2%
Employees with Financial Controller in their job title in Cologne, DE earn an average of 10.5% more than the national average. The lower salaries can be found in Rhine-Ruhr, DE (3.5% less), Dusseldorf, DE (0.7% less).

Understand the base salary paid range for a Financial Controller in Munich, DE

Average Base Salary

Core compensation

110012
195513
144867
The chart shows the base salary for Financial Controller in Munich ranges from €110,012 to €195,513 with the average base salary of €144,867. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Financial Controller may get paid difference by industry, location, and factors.

Financial Controller Frequently Asked Questions

Can I expect to receive a higher salary for the position of Financial Controller in Cologne than for the same job in Rhine-Ruhr in the Germany?

On average, a Financial Controller, working in Cologne, Germany, would generally get a higher salary than those working in the city of Rhine-Ruhr. The larger cities in the DE typically provide numerous opportunities for Financial Controller Jobs. Since Munich, Germany is an attractive place to work for many professions, Financial Controller Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location. March 23, 2021 salary.com )
What is the salary range for a Financial Controller in Munich, Germany? What is the average hourly rate?

The average salary for a Financial Controller in Munich, Germany is €144,867 per year. The salary range for a Financial Controller is between €110,012 and €195,513. While we are seeing hourly wages as high as €94 and as low as €53, the majority of Financial Controllers are currently paid an average of €70 in Munich, Germany. The average salary pay range for a Financial Controller can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Financial Controller in Munich, Germany can differ based on any or all of these varying factors. March 23, 2021 salary.com )
Besides the base pay, what other benefits might be negotiable when considering a Financial Controller job? What common items are generally included in a total compensation package?

A total compensation package consists of base pay or salary and all other types of pay and benefits that a Financial Controller working in Munich, Germany will receive in exchange for their job. Some common items included in the total compensation of a Financial Controller working in the Munich, Germany are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Munich, Germany might also offer long-term incentives such as stock options or stock grants for Financial Controllers. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you. March 23, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: March 23, 2021