Financial Analysis Manager Salary in Germany

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How much does a Financial Analysis Manager make in Germany? The average Financial Analysis Manager salary in Germany is €95,226 as of March 23, 2021, but the range typically falls between €78,580 and €112,662. 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) €95,226 25TH €78,580 75TH €112,662

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Skills to Boost a Financial Analysis Manager Salary

Mastering key skills can significantly increase your earning potential as a Financial Analysis Manager. According to Salary.com's Real-time Job Posting Data, expertise in Coaching can lead to a 11% salary raise, while strong Wealth Management skills boost pay by a 1%. Even Financial Modeling 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.
Coaching
Coaching is a form of development in which an experienced person, called a coach, supports a learner or client in achieving a specific personal or professional goal by providing training and guidance.
Wealth Management
Wealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services offered by a complex mix of asset managers, custodial banks, retail banks, financial planners and others. There is no equivalent of a stock exchange to consolidate the allocation of investments and promulgate fund pricing and as such it is considered a fragmented and decentralised industry. High-net-worth individuals (HNWIs), small-business owners and families who desire the assistance of a credentialed financial advisory specialist call upon wealth managers to coordinate retail banking, estate planning, legal resources, tax professionals and investment management. Wealth managers can have backgrounds as independent Chartered Financial Consultants, Certified Financial Planners or Chartered Financial Analysts (in the United States), Certified International Investment Analysts, Chartered Strategic Wealth Professionals (in Canada), Chartered Financial Planners (in the UK), or any credentialed (such as MBA) professional money managers who work to enhance the income, growth and tax-favored treatment of long-term investors.
Financial Modeling
Financial modeling is the task of building an abstract representation (a model) of a real world financial situation. This is a mathematical model designed to represent (a simplified version of) the performance of a financial asset or portfolio of a business, project, or any other investment. Typically, then, financial modeling is understood to mean an exercise in either asset pricing or corporate finance, of a quantitative nature. It is about translating a set of hypotheses about the behavior of markets or agents into numerical predictions. At the same time, "financial modeling" is a general term that means different things to different users; the reference usually relates either to accounting and corporate finance applications, or to quantitative finance applications. While there has been some debate in the industry as to the nature of financial modeling—whether it is a tradecraft, such as welding, or a science—the task of financial modeling has been gaining acceptance and rigor over the years.
More Skills...
Based on recent job listings, in-demand skills in the Financial Analysis Manager field include Coaching (11%), Wealth Management (1%), and Financial Modeling (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Coaching €105,701
Coaching
€105,701
11%
Wealth Management €96,178
Wealth Management
€96,178
1%
Financial Modeling €96,178
Financial Modeling
€96,178
1%
Coaching
1.96%
Wealth Management
0.97%
Financial Modeling
13.77%
Job Openings for Financial Analysis Manager
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Career Path for Financial Analysis Manager in Germany

Financial Analysis Manager
Top Financial Analysis Executive

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

Financial Analysis Manager 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 Analysis Manager 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 Analysis Manager in Germany

Average Base Salary

Core compensation

78580
112662
95226
The chart shows the base salary for Financial Analysis Manager ranges from €78,580 to €112,662 with the average base salary of €95,226. 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 Analysis Manager may get paid difference by industry, location, and factors.

Financial Analysis Manager Frequently Asked Questions in Germany

What is the salary range for a Financial Analysis Manager in Germany? What is the average hourly rate?

The average salary for a Financial Analysis Manager in Germany is €95,226 per year. The salary range for a Financial Analysis Manager is between €78,580 and €112,662. While we are seeing hourly wages as high as €54 and as low as €38, the majority of Financial Analysis Managers are currently paid an average of €46 in Germany. The average salary pay range for a Financial Analysis Manager 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 Analysis Manager 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 Financial Analysis Manager 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 Financial Analysis Manager position that you can in Germany. This starting salary of the Financial Analysis Manager 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 Financial Analysis Manager 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 Financial Analysis Manager 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 Financial Analysis Manager 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 Financial Analysis Manager 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 Financial Analysis Manager 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