Finance Manager Salary in Madrid, ES
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How much does a Finance Manager make in Madrid, ES? The average Finance Manager salary in Madrid, ES is €97,817 as of April 08, 2021, but the range typically falls between €77,794 and €125,177. 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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Skills to Boost a Finance Manager Salary
Mastering key skills can significantly increase your earning potential as a Finance Manager. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 12% salary raise, while strong Accounts Receivable skills boost pay by a 1%. Even Balance Sheet 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.
Accounts Receivable
Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
Balance Sheet
Balance Sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, business partnership, corporation, private limited company or other organization such as government or not-for-profit entity.
More Skills...
Based on recent job listings, in-demand skills in the Finance Manager field include Analysis (12%), Accounts Receivable (1%), Balance Sheet (1%), and PowerPoint (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| €109,555 |
Analysis
€109,555
|
12%
|
|
| €98,795 |
Accounts Receivable
€98,795
|
1%
|
|
| €98,795 |
Balance Sheet
€98,795
|
1%
|
|
| €98,795 |
PowerPoint
€98,795
|
1%
|
What does a Finance Manager do?
Finance Manager
Parana, AR
Negotiates, executes and maintains reimbursement agreements for the issuance of letters of credit and bank guarantees.
12/29/2020
Finance Manager
Grenoble, FR
Functions as project manager on local and corporate financial initiatives, working across multiple functions within the organization to ensure delivery on long-term projects/objectives.
12/25/2020
Finance Manager
Lyon, FR
Negotiate, execute and maintain reimbursement agreements for the issuance of letters of credit and bank guarantees.
03/12/2021
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Career Path for Finance Manager
About Madrid, Spain
Madrid lies on the southern Meseta Central, 60 km south of the Guadarrama mountain range and straddling the Jarama and Manzanares river sub-drainage basins, in the wider Tagus River catchment area. There is a considerable difference in altitude within the city proper ranging from the 700 m (2,297 ft) around Plaza de Castilla in the north of city to the 570 m (1,870 ft) around La China wastewater treatment plant on the Manzanares' riverbanks, near the latter's confluence with the Fuente Castellana thalweg in the south of the city. The Monte de El Pardo (a protected forested area covering over a...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Finance Manager Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Madrid, ES |
Compared to national average
|
| City, Country Bilbao, ES |
Compared to national average
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| City, Country Alicante, ES |
Compared to national average
|
| City, Country Cordova, ES |
Compared to national average
|
| City, Country Valladolid, ES |
Compared to national average
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| City, Country Vigo, ES |
Compared to national average
|
Employees with Finance Manager in their job title in Madrid, ES earn an average of 9.0% more than the national average. The lower salaries can be found in Alicante, ES (6.7% less), Vigo, ES (5.9% less), Cordova, ES (4.1% less).
Similar Jobs to Finance Manager in Madrid, ES
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| Job Title | Location | Salary Range in EUR |
|---|---|---|
| Job Title Audit Manager | Location Madrid, ES |
|
| Job Title Auditing Manager | Location Madrid, ES |
|
| Job Title Budget Manager | Location Madrid, ES |
|
| Job Title Finance Director | Location Madrid, ES |
|
| Job Title Finance Manager - Budgets | Location Madrid, ES |
|
Understand the base salary paid range for a Finance Manager in Madrid, ES
Average Base Salary
Core compensation
77794
125177
The chart shows the base salary for Finance Manager in Madrid ranges from €77,794 to €125,177 with the average base salary of €97,817. 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 Manager may get paid difference by industry, location, and factors.
Finance Manager Frequently Asked Questions
Can I expect to receive a higher salary for the position of Finance Manager in Madrid than for the same job in Alicante in the Spain?
On average, a Finance Manager, working in Madrid, Spain, would generally get a higher salary than those working in the city of Alicante. The larger cities in the ES typically provide numerous opportunities for Finance Manager Jobs. Since Madrid, Spain is an attractive place to work for many professions, Finance Manager 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.
April 08, 2021
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What is the salary range for a Finance Manager in Madrid, Spain? What is the average hourly rate?
The average salary for a Finance Manager in Madrid, Spain is €97,817 per year. The salary range for a Finance Manager is between €77,794 and €125,177. While we are seeing hourly wages as high as €60 and as low as €37, the majority of Finance Managers are currently paid an average of €47 in Madrid, Spain. The average salary pay range for a Finance 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 Finance Manager in Madrid, Spain can differ based on any or all of these varying factors.
April 08, 2021
salary.com
)
Besides the base pay, what other benefits might be negotiable when considering a Finance Manager 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 Manager working in Madrid, Spain will receive in exchange for their job. Some common items included in the total compensation of a Finance Manager working in the Madrid, Spain are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Madrid, Spain might also offer long-term incentives such as stock options or stock grants for Finance Managers. 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.
April 08, 2021
salary.com
)
Last Update: April 08, 2021