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Finance Director Salary in Cologne, DE

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How much does a Finance Director make in Cologne, DE? The average Finance Director salary in Cologne, DE is €159,233 as of March 23, 2021, but the range typically falls between €123,406 and €197,895. 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) €159,233 25TH €123,406 75TH €197,895

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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 €170,379
Leadership
€170,379
7%
Purchasing €160,825
Purchasing
€160,825
1%
Microsoft Office €160,825
Microsoft Office
€160,825
1%
Financial Accounting €160,825
Financial Accounting
€160,825
1%
Leadership
3.07%
Purchasing
2.63%
Microsoft Office
0.83%
Financial Accounting
28.16%
Job Openings for Finance Director in Cologne, Germany
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About Cologne, Germany

The metropolitan area encompasses over 405 square kilometres (156 square miles), extending around a central point that lies at 50° 56' 33 latitude and 6° 57' 32 longitude. The city's highest point is 118 m (387 ft) above sea level (the Monte Troodelöh) and its lowest point is 37.5 m (123 ft 0 in) above sea level (the Worringer Bruch). The city of Cologne lies within the larger area of the Cologne Lowland, a cone-shaped area of the central Rhineland that lies between Bonn, Aachen and Düsseldorf....
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 Cologne, DE

Average Base Salary

Core compensation

123406
197895
159233
The chart shows the base salary for Finance Director in Cologne ranges from €123,406 to €197,895 with the average base salary of €159,233. 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

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

On average, a Finance Director, 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 Finance Director Jobs. Since Cologne, Germany is an attractive place to work for many professions, Finance Director 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 Finance Director in Cologne, Germany? What is the average hourly rate?

The average salary for a Finance Director in Cologne, Germany is €159,233 per year. The salary range for a Finance Director is between €123,406 and €197,895. While we are seeing hourly wages as high as €95 and as low as €59, the majority of Finance Directors are currently paid an average of €77 in Cologne, 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 Cologne, 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 Finance Director 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 Finance Director working in Cologne, Germany will receive in exchange for their job. Some common items included in the total compensation of a Finance Director working in the Cologne, Germany are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Cologne, Germany might also offer long-term incentives such as stock options or stock grants for Finance Directors. 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