Finance Director Salary in Germany

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How much does a Finance Director make in Germany? The average Finance Director salary in Germany is €144,056 as of March 23, 2021, but the range typically falls between €111,643 and €179,032. 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.

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Global Market Data
50TH(Median) €144,056 25TH €111,643 75TH €179,032

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Skills to Boost a Finance Director Salary

Mastering key skills can significantly increase your earning potential as a Finance Director. According to Salary.com's Real-time Job Posting Data, expertise in Leadership can lead to a 7% salary raise, while strong Purchasing skills boost pay by a 1%. Even Microsoft Office 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.
Leadership
Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Purchasing
Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
Microsoft Office
Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
More Skills...
Based on recent job listings, in-demand skills in the Finance Director field include Leadership (7%), Purchasing (1%), Microsoft Office (1%), and Financial Accounting (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Leadership €154,139
Leadership
€154,139
7%
Purchasing €145,496
Purchasing
€145,496
1%
Microsoft Office €145,496
Microsoft Office
€145,496
1%
Financial Accounting €145,496
Financial Accounting
€145,496
1%
Leadership
3.07%
Purchasing
2.63%
Microsoft Office
0.83%
Financial Accounting
28.16%
Job Openings for Finance Director
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Career Path for Finance Director in Germany

Finance Director
Top Division Financial Executive
Chief Financial Officer

About Germany

Germany is in Western and Central Europe, bordering Denmark to the north, Poland and the Czech Republic to the east, Austria to the southeast, and Switzerland to the south-southwest. France, Luxembourg and Belgium are situated to the west, with the Netherlands to the northwest. Germany is also bordered by the North Sea and, at the north-northeast, by the Baltic Sea. German territory covers 357,022 km2 (137,847 sq mi), consisting of 348,672 km2 (134,623 sq mi) of land and 8,350 km2 (3,224 sq mi) of water. It is the seventh largest country by area in Europe and the 62nd largest in the world. El...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Finance Director 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 Finance Director 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 Finance Director in Germany

Average Base Salary

Core compensation

111643
179032
144056
The chart shows the base salary for Finance Director ranges from €111,643 to €179,032 with the average base salary of €144,056. 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 Finance Director may get paid difference by industry, location, and factors.

Finance Director Frequently Asked Questions in Germany

What is the salary range for a Finance Director in Germany? What is the average hourly rate?

The average salary for a Finance Director in Germany is €144,056 per year. The salary range for a Finance Director is between €111,643 and €179,032. While we are seeing hourly wages as high as €86 and as low as €54, the majority of Finance Directors are currently paid an average of €69 in Germany. The average salary pay range for a Finance Director 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 Finance Director in Germany can differ based on any or all of these varying factors. March 23, 2021 salary.com )
Why should you negotiate salary for a Finance Director role? What are effective negotiation strategies?

Most hiring managers in Germany expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Finance Director position that you can in Germany. This starting salary of the Finance Director position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Finance Director position in Germany, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs. March 23, 2021 salary.com )
How do you evaluate the advantages, opportunities, and salary for a Finance Director role located in large metropolitan city or in a small town?

Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of a Finance Director in the Germany can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. a Finance Director job in a large city of the Germany may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the Germany also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Finance Director job is right for you. March 23, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: March 23, 2021