Average Assistant Financial Controller Salary in Cuba for 2024

In this article, we will look at the average Assistant Financial Controller salary for 2024 in Cuba and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Cuban convertible peso. To keep things simple, we are using the CUC currency code instead of the currency symbol $.

How Much Does an Assistant Financial Controller Make in Cuba?

An Assistant Financial Controller working in Cuba will typically earn around 259,100 CUC per year, and this can range from the lowest average salary of about 117,600 CUC to the highest average salary of 414,000 CUC.

Average Annual Salary
259,100 CUC
Average Monthly Salary
21,591 CUC

Lowest Annual Salary
117,600 CUC
Lowest Monthly Salary
9,800 CUC

Highest Annual Salary
414,000 CUC
Highest Monthly Salary
34,500 CUC

These are average salaries for an Assistant Financial Controller in Cuba and include benefits such as housing and transport. It's also possible for an Assistant Financial Controller to earn more or less than the average salaries shown above.

Assistant Financial Controller salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Assistant Financial Controller Salaries in Cuba

So we've looked at the average salaries an Assistant Financial Controller will earn in Cuba. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Assistant Financial Controller can earn between 117,600 CUC and 414,000 CUC on average in Cuba. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Assistant Financial Controller in Cuba is 281,500 CUC. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 281,500 CUC, and 50% of the population earn more than 281,500 CUC.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Assistant Financial Controller salary in Cuba, 25% of the population are earning less than 180,500 CUC while 75% of the population earn more than 180,500 CUC.

75% of the population earn less than 375,200 CUC, and 25% of the population earn more than 375,200 CUC.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Assistant Financial Controller Salary by Experience Level in Cuba

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average assistant financial controller salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Assistant Financial Controller in Cuba that has less than two years of experience can expect to earn somewhere in the region of 136,200 CUC.
  • 2 - 5 Years Experience. With two to five years of experience the average Assistant Financial Controller salary would increase to 181,600 CUC.
  • 5 - 10 Years Experience. From five to ten years of experience as an Assistant Financial Controller, the average salary would be 267,100 CUC.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 325,900 CUC.
  • 15 - 20 Years Experience. An Assistant Financial Controller with 15 to 20 years of experience can earn an average of 354,000 CUC.
  • 20+ Years Experience. For an Assistant Financial Controller with more than 20 years, the expected average salary increases to 384,500 CUC.

Average Salary by Experience Chart

0-2 Years
136,200 CUC
2-5 Years +34%
181,600 CUC
5-10 Years +48%
267,100 CUC
10-15 Years +22%
325,900 CUC
15-20 Years +9%
354,000 CUC
20+ Years +8%
384,500 CUC

Assistant Financial Controller Salary by Education Level in Cuba

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Assistant Financial Controller in Cuba based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Assistant Financial Controller in Cuba with a high school education can earn an average salary of 168,100 CUC.

  • Certificate or Diploma. An Assistant Financial Controller in Cuba with a certificate or diploma education can earn an average salary of 196,800 CUC.

  • Bachelor's Degree. An Assistant Financial Controller in Cuba with a bachelor's degree education can earn an average salary of 282,300 CUC.

  • Master's Degree. An Assistant Financial Controller in Cuba with a master's degree education can earn an average salary of 371,100 CUC.

Average Salary by Education Chart

High School
168,100 CUC
Certificate or Diploma +18%
196,800 CUC
Bachelor's Degree +45%
282,300 CUC
Master's Degree +31%
371,100 CUC

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Cuba is around 110,000 to 329,000 CUC and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Assistant Financial Controller Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Cuba, a male assistant financial controller will earn an average of 283,400 CUC, while a female assistant financial controller will earn around 237,400 CUC.

This means that a male assistant financial controller earns approximately 19% more than a female assistant financial controller for performing the same job.

Average Salary by Gender Chart in Cuba

Male
283,400 CUC
Female -19%
237,400 CUC

Assistant Financial Controller Average Pay Raise in Cuba

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Assistant Financial Controller in Cuba is around 7% every 29 months.

The national average pay raise across all professions and industries in Cuba is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 29 ) × 12  = 3%

What this means is that an Assistant Financial Controller in Cuba can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Cuba for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Cuba.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Assistant Financial Controller Bonus and Incentive Rates in Cuba

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Assistant Financial Controller is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 2% to 7%.

Received Bonus
41%
No Bonus
59%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Cuba earn approximately 12% more than private sector employees in the same role.

Public Sector
275,200 CUC
Private Sector -12%
246,500 CUC

Salaries for Jobs Similar to an Assistant Financial Controller

In the table below, we have salary information for jobs that are similar to an Assistant Financial Controller in Cuba.

Job Title Category Salary
Account Examiner Accounting and Finance 139,100 CUC
Account Executive Accounting and Finance 240,500 CUC
Accountant Accounting and Finance 187,500 CUC
Accounting Analyst Accounting and Finance 233,600 CUC
Accounting Assistant Accounting and Finance 138,200 CUC
Accounting Associate Accounting and Finance 128,500 CUC
Accounting Clerk Accounting and Finance 111,920 CUC
Accounting Coordinator Accounting and Finance 164,200 CUC
Accounting Head Accounting and Finance 384,200 CUC
Accounting Manager Accounting and Finance 390,000 CUC
Accounting Officer Accounting and Finance 136,200 CUC
Accounting Specialist Accounting and Finance 261,300 CUC
Accounting Supervisor Accounting and Finance 249,600 CUC
Accounting Technician Accounting and Finance 127,700 CUC
Accounting Unit Controller Accounting and Finance 305,600 CUC
Accounts Executive Accounting and Finance 221,500 CUC
Accounts Officer Accounting and Finance 142,300 CUC
Accounts Payable and Receivable Specialist Accounting and Finance 187,300 CUC
Accounts Payable Assistant Accounting and Finance 148,300 CUC
Accounts Payable Associate Accounting and Finance 172,200 CUC
Accounts Payable Clerk Accounting and Finance 128,900 CUC
Accounts Payable Manager Accounting and Finance 367,200 CUC
Accounts Receivable Administrator Accounting and Finance 267,100 CUC
Accounts Receivable Clerk Accounting and Finance 130,400 CUC
Accounts Receivable Financial Analyst Accounting and Finance 263,200 CUC
Accounts Receivable Manager Accounting and Finance 366,200 CUC
Accounts Receivable Team Leader Accounting and Finance 273,000 CUC
Assistant Accountant Accounting and Finance 136,200 CUC
Assistant Accounting Manager Accounting and Finance 327,300 CUC
Assistant Auditor Accounting and Finance 192,000 CUC
Assistant Corporate Controller Accounting and Finance 247,800 CUC
Assistant Finance Manager Accounting and Finance 386,400 CUC
Audit Director Accounting and Finance 417,100 CUC
Audit Supervisor Accounting and Finance 335,100 CUC
Auditing Clerk Accounting and Finance 142,300 CUC
Auditing Manager Accounting and Finance 388,100 CUC
Billing Clerk Accounting and Finance 138,200 CUC
Billing Coordinator Accounting and Finance 159,400 CUC
Billing Specialist Accounting and Finance 192,600 CUC
Billing Supervisor Accounting and Finance 275,800 CUC
Bookkeeper Accounting and Finance 127,700 CUC
Bookkeeping Specialist Accounting and Finance 172,200 CUC
Budget Analyst Accounting and Finance 315,700 CUC
Budget Manager Accounting and Finance 359,900 CUC
Business Support Analyst Accounting and Finance 214,000 CUC
Capital Markets Associate Accounting and Finance 265,000 CUC
Cash Flow Analyst Accounting and Finance 277,400 CUC
Cash Management Manager Accounting and Finance 349,300 CUC
Cash Management Officer Accounting and Finance 212,500 CUC
Cashbook Clerk Accounting and Finance 129,000 CUC
Chartered Accountant Accounting and Finance 228,500 CUC
Chief Accountant Accounting and Finance 277,400 CUC
Collections Clerk Accounting and Finance 113,420 CUC
Collections Representative Accounting and Finance 158,700 CUC
Collections Specialist Accounting and Finance 196,800 CUC
Corporate Controller Accounting and Finance 283,700 CUC
Corporate Treasurer Accounting and Finance 367,900 CUC
Cost Accountant Accounting and Finance 176,800 CUC
Cost Accounting Manager Accounting and Finance 363,000 CUC
Cost Accounting Supervisor Accounting and Finance 290,800 CUC
Cost Analyst Accounting and Finance 279,400 CUC
Credit and Collection Manager Accounting and Finance 349,300 CUC
Credit and Collection Staff Accounting and Finance 136,200 CUC
Credit and Loans Officer Accounting and Finance 136,100 CUC
Credit Controller Accounting and Finance 258,400 CUC
Credit Manager Accounting and Finance 367,200 CUC
Debt Adviser Accounting and Finance 299,500 CUC
Debt Collector Accounting and Finance 152,300 CUC
Debtors Clerk Accounting and Finance 127,700 CUC
Debtors Controller Accounting and Finance 136,200 CUC
Deputy CFO Accounting and Finance 483,400 CUC
Deputy Head of Finance Accounting and Finance 487,600 CUC
Derivative Trader Accounting and Finance 311,700 CUC
Director of Finance Accounting and Finance 524,400 CUC
Economist Accounting and Finance 409,000 CUC
Equity Analyst Accounting and Finance 335,100 CUC
Escrow Assistant Accounting and Finance 168,100 CUC
Executive Accountant Accounting and Finance 208,600 CUC
External Auditor Accounting and Finance 249,600 CUC
Finance Administrator Accounting and Finance 218,900 CUC
Finance Analyst Accounting and Finance 340,400 CUC
Finance Associate Accounting and Finance 158,700 CUC
Finance Director Accounting and Finance 562,600 CUC
Finance Executive Accounting and Finance 381,800 CUC
Finance Licensing Clerk Accounting and Finance 125,700 CUC
Finance Licensing Manager Accounting and Finance 357,300 CUC
Finance Licensing Specialist Accounting and Finance 191,600 CUC
Finance Manager Accounting and Finance 513,300 CUC
Finance Officer Accounting and Finance 175,900 CUC
Finance President Accounting and Finance 524,400 CUC
Finance Relationship Manager Accounting and Finance 428,400 CUC
Finance Release Analyst Accounting and Finance 217,900 CUC
Finance Specialist Accounting and Finance 290,800 CUC
Finance Team Leader Accounting and Finance 414,000 CUC
Financial Accountant Accounting and Finance 181,600 CUC
Financial Actuary Accounting and Finance 273,300 CUC
Financial Administrator Accounting and Finance 288,700 CUC
Financial Advisor Accounting and Finance 335,100 CUC
Financial Analyst Accounting and Finance 317,700 CUC
Financial Applications Specialist Accounting and Finance 239,000 CUC
Financial Assistant Accounting and Finance 148,300 CUC
Financial Associate Accounting and Finance 152,300 CUC
Financial Associate Accounting and Finance 167,100 CUC
Financial Claims Analyst Accounting and Finance 252,300 CUC
Financial Claims Manager Accounting and Finance 319,600 CUC
Financial Claims Supervisor Accounting and Finance 315,700 CUC
Financial Clerk Accounting and Finance 146,200 CUC
Financial Commercial Analyst Accounting and Finance 275,800 CUC
Financial Compliance Analyst Accounting and Finance 296,000 CUC
Financial Consultant Accounting and Finance 238,900 CUC
Financial Controller Accounting and Finance 279,400 CUC
Financial Controller Accounting and Finance 288,700 CUC
Financial Coordinator Accounting and Finance 159,500 CUC
Financial Customer Service Manager Accounting and Finance 341,400 CUC
Financial Dealer and Broker Accounting and Finance 200,000 CUC
Financial Director Accounting and Finance 541,700 CUC
Financial Encoder Accounting and Finance 154,700 CUC
Financial Manager Accounting and Finance 489,600 CUC
Financial Manager Accounting and Finance 531,700 CUC
Financial Operations Manager Accounting and Finance 464,400 CUC
Financial Policy Analyst Accounting and Finance 299,500 CUC
Financial Project Manager Accounting and Finance 378,300 CUC
Financial Quantitative Analyst Accounting and Finance 311,700 CUC
Financial Reporting Consultant Accounting and Finance 275,800 CUC
Financial Reporting Manager Accounting and Finance 367,900 CUC
Financial Section Head Accounting and Finance 340,400 CUC
Financial Services Manager Accounting and Finance 464,400 CUC
Financial Services Sales Agent Accounting and Finance 204,700 CUC
Fixed Assets Administrator Accounting and Finance 190,500 CUC
Forensic Accountant Accounting and Finance 215,100 CUC
Fraud Detection Supervisor Accounting and Finance 218,900 CUC
Fraud Prevention Manager Accounting and Finance 384,500 CUC
Fund Accountant Accounting and Finance 172,400 CUC
Grants Coordinator Accounting and Finance 134,600 CUC
Group Financial Manager Accounting and Finance 507,300 CUC
Internal Auditor Accounting and Finance 252,300 CUC
Internal Control Adviser Accounting and Finance 281,500 CUC
Internal Control Officer Accounting and Finance 163,800 CUC
International Tax Director Accounting and Finance 420,800 CUC
Inventory Accountant Accounting and Finance 194,600 CUC
Investment Advisor Accounting and Finance 510,200 CUC
Investment Analyst Accounting and Finance 362,200 CUC
Investment Associate Accounting and Finance 297,000 CUC
Investment Broker Accounting and Finance 294,700 CUC
Investment Fund Manager Accounting and Finance 421,400 CUC
Investment Operations Manager Accounting and Finance 412,000 CUC
Investment Underwriter Accounting and Finance 152,000 CUC
Investor Accounting and Finance 247,800 CUC
Investor Relations Manager Accounting and Finance 369,300 CUC
KYC Team Leader Accounting and Finance 351,200 CUC
Loan Processor Accounting and Finance 142,300 CUC
Management Accountant Accounting and Finance 204,700 CUC
Management Economist Accounting and Finance 426,700 CUC
Paymaster Accounting and Finance 152,300 CUC
Payroll Administrator Accounting and Finance 246,500 CUC
Payroll Benefits Coordinator Accounting and Finance 205,700 CUC
Payroll Billing Manager Accounting and Finance 320,500 CUC
Payroll Clerk Accounting and Finance 158,700 CUC
Payroll Manager Accounting and Finance 345,700 CUC
Payroll Officer Accounting and Finance 161,300 CUC
Payroll Specialist Accounting and Finance 185,100 CUC
Payroll Supervisor Accounting and Finance 232,900 CUC
Pensions Administrator Accounting and Finance 194,600 CUC
Personal Financial Advisor Accounting and Finance 263,200 CUC
Pricing Analyst Accounting and Finance 315,700 CUC
Private Equity Analyst Accounting and Finance 315,700 CUC
Project Accountant Accounting and Finance 194,600 CUC
Proposal Development Coordinator Accounting and Finance 161,600 CUC
Receivables Accountant Accounting and Finance 161,600 CUC
Regulatory Accountant Accounting and Finance 191,600 CUC
Retirement Plan Analyst Accounting and Finance 283,700 CUC
Revenue Management Specialist Accounting and Finance 314,500 CUC
Revenue Recognition Analyst Accounting and Finance 345,100 CUC
Risk Management Director Accounting and Finance 444,300 CUC
Risk Management Supervisor Accounting and Finance 352,000 CUC
Staff Accountant Accounting and Finance 172,200 CUC
Tax Accountant Accounting and Finance 172,200 CUC
Tax Administrator Accounting and Finance 201,100 CUC
Tax Advisor Accounting and Finance 273,300 CUC
Tax Analyst Accounting and Finance 286,400 CUC
Tax Associate Accounting and Finance 161,300 CUC
Tax Consultant Accounting and Finance 288,100 CUC
Tax Director Accounting and Finance 437,900 CUC
Tax Examiner Accounting and Finance 200,000 CUC
Tax Manager Accounting and Finance 383,300 CUC
Tax Research Manager Accounting and Finance 363,000 CUC
Teller Accounting and Finance 111,240 CUC
Treasury Accountant Accounting and Finance 192,600 CUC
Treasury Analyst Accounting and Finance 311,700 CUC
Underwriter Accounting and Finance 129,000 CUC
Underwriting Assistant Accounting and Finance 116,540 CUC
Vice President of Finance Accounting and Finance 491,000 CUC

Salary Comparison by City

If you want to compare salaries with different cities in Cuba, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Camaguey 237,400 CUC
Havana 263,900 CUC
Holguin 227,600 CUC
Santiago de Cuba 258,400 CUC

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