Average Deputy Head of Finance Salary in Banja Luka, Bosnia and Herzegovina for 2026
In this article, we will look at the average Deputy Head of Finance salary for 2026 in Banja Luka 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 Bosnia and Herzegovina convertible mark. To keep things simple, we are using the BAM currency code instead of the currency symbol .
How Much Does a Deputy Head of Finance Make in Banja Luka?
A Deputy Head of Finance working in Banja Luka will typically earn around 54,560 BAM per year, and this can range from the lowest average salary of about 24,200 BAM to the highest average salary of 88,480 BAM.
These are average salaries for a Deputy Head of Finance in Banja Luka and include benefits such as housing and transport. It's also possible for a Deputy Head of Finance to earn more or less than the average salaries shown above.
Deputy Head of Finance 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 Deputy Head of Finance Salaries in Banja Luka
So we've looked at the average salaries a Deputy Head of Finance will earn in Banja Luka. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Deputy Head of Finance can earn between 24,200 BAM and 88,480 BAM on average in Banja Luka. 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 a Deputy Head of Finance in Banja Luka is 60,020 BAM. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 60,020 BAM, and 50% of the population earn more than 60,020 BAM.
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 Deputy Head of Finance salary in Banja Luka, 25% of the population are earning less than 39,080 BAM while 75% of the population earn more than 39,080 BAM.
75% of the population earn less than 79,500 BAM, and 25% of the population earn more than 79,500 BAM.
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.
Deputy Head of Finance Salary by Experience Level in Banja Luka
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 Deputy Head of Finance 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. A Deputy Head of Finance in Banja Luka that has less than two years of experience can expect to earn somewhere in the region of 27,480 BAM.
- 2 - 5 Years Experience. With two to five years of experience the average Deputy Head of Finance salary would increase to 40,420 BAM.
- 5 - 10 Years Experience. From five to ten years of experience as a Deputy Head of Finance, the average salary would be 59,240 BAM.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 69,260 BAM.
- 15 - 20 Years Experience. A Deputy Head of Finance with 15 to 20 years of experience can earn an average of 78,420 BAM.
- 20+ Years Experience. For a Deputy Head of Finance with more than 20 years, the expected average salary increases to 84,780 BAM.
Average Salary by Experience Chart
| 0-2 Years | - | 27,480 BAM |
| 2-5 Years | +34% | 40,420 BAM |
| 5-10 Years | +48% | 59,240 BAM |
| 10-15 Years | +22% | 69,260 BAM |
| 15-20 Years | +9% | 78,420 BAM |
| 20+ Years | +8% | 84,780 BAM |
Deputy Head of Finance Salary by Education Level in Banja Luka
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 a Deputy Head of Finance in Banja Luka based on the education level of the employees in order to find out whether a better education level would increase your salary.
- Certificate or Diploma. A Deputy Head of Finance in Banja Luka with a certificate or diploma education can earn an average salary of 34,980 BAM.
- Bachelor's Degree. A Deputy Head of Finance in Banja Luka with a bachelor's degree education can earn an average salary of 50,540 BAM.
- Master's Degree. A Deputy Head of Finance in Banja Luka with a master's degree education can earn an average salary of 88,580 BAM.
Average Salary by Education Chart
| Certificate or Diploma | - | 34,980 BAM |
| Bachelor's Degree | +57% | 50,540 BAM |
| Master's Degree | +68% | 88,580 BAM |
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 Bosnia and Herzegovina is around 11,500 to 34,500 BAM 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.
Deputy Head of Finance 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 Banja Luka, a male deputy head of finance will earn an average of 56,460 BAM, while a female deputy head of finance will earn around 50,660 BAM.
This means that a male deputy head of finance earns approximately 11% more than a female deputy head of finance for performing the same job.
Average Salary by Gender Chart in Banja Luka
| Male | - | 56,460 BAM |
| Female | -11% | 50,660 BAM |
Deputy Head of Finance Average Pay Raise in Banja Luka
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 a Deputy Head of Finance in Banja Luka is around 9% every 30 months.
The national average pay raise across all professions and industries in Bosnia and Herzegovina 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 = ( 9 ÷ 30 ) × 12 = 4%
What this means is that a Deputy Head of Finance in Banja Luka can expect to receive an average pay raise of around 4% every 12 months.
Annual Pay Raise by Industry in Banja Luka for 2026
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Bosnia and Herzegovina.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 9% |
| Energy | - | 9% |
| Information Technology | - | 9% |
| Healthcare | - | 9% |
| Travel | - | 9% |
| Construction | - | 9% |
| Education | - | 9% |
Deputy Head of Finance Bonus and Incentive Rates in Banja Luka
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.
A Deputy Head of Finance is a moderate bonus based job, with 69% of employees reporting at least one bonus in the last 12 months.
31% 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 5% to 9%.
| Received Bonus | - | 69% |
| No Bonus | - | 31% |
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 Bosnia and Herzegovina earn approximately 27% more than private sector employees in the same role.
| Public Sector | - | 31,400 BAM |
| Private Sector | -27% | 24,800 BAM |
Salaries for Jobs Similar to a Deputy Head of Finance
In the table below, we have salary information for jobs that are similar to a Deputy Head of Finance in Banja Luka.
| Job Title | Category | Salary |
|---|---|---|
| Account Examiner | Accounting and Finance | 15,880 BAM |
| Account Executive | Accounting and Finance | 25,220 BAM |
| Accountant | Accounting and Finance | 18,900 BAM |
| Accounting Analyst | Accounting and Finance | 27,020 BAM |
| Accounting Assistant | Accounting and Finance | 15,580 BAM |
| Accounting Associate | Accounting and Finance | 13,960 BAM |
| Accounting Clerk | Accounting and Finance | 12,200 BAM |
| Accounting Coordinator | Accounting and Finance | 18,780 BAM |
| Accounting Head | Accounting and Finance | 38,680 BAM |
| Accounting Manager | Accounting and Finance | 40,040 BAM |
| Accounting Officer | Accounting and Finance | 13,560 BAM |
| Accounting Specialist | Accounting and Finance | 25,440 BAM |
| Accounting Supervisor | Accounting and Finance | 28,180 BAM |
| Accounting Technician | Accounting and Finance | 12,000 BAM |
| Accounting Unit Controller | Accounting and Finance | 33,440 BAM |
| Accounts Executive | Accounting and Finance | 25,940 BAM |
| Accounts Officer | Accounting and Finance | 14,140 BAM |
| Accounts Payable Assistant | Accounting and Finance | 17,100 BAM |
| Accounts Payable Associate | Accounting and Finance | 16,140 BAM |
| Accounts Payable Clerk | Accounting and Finance | 14,660 BAM |
| Accounts Payable Manager | Accounting and Finance | 39,420 BAM |
| Accounts Payable and Receivable Specialist | Accounting and Finance | 21,400 BAM |
| Accounts Receivable Administrator | Accounting and Finance | 29,840 BAM |
| Accounts Receivable Clerk | Accounting and Finance | 12,240 BAM |
| Accounts Receivable Financial Analyst | Accounting and Finance | 26,860 BAM |
| Accounts Receivable Manager | Accounting and Finance | 36,700 BAM |
| Accounts Receivable Team Leader | Accounting and Finance | 27,560 BAM |
| Assistant Accountant | Accounting and Finance | 15,880 BAM |
| Assistant Accounting Manager | Accounting and Finance | 35,260 BAM |
| Assistant Auditor | Accounting and Finance | 21,540 BAM |
| Assistant Corporate Controller | Accounting and Finance | 24,720 BAM |
| Assistant Finance Manager | Accounting and Finance | 39,560 BAM |
| Assistant Financial Controller | Accounting and Finance | 29,540 BAM |
| Audit Director | Accounting and Finance | 45,580 BAM |
| Audit Supervisor | Accounting and Finance | 38,140 BAM |
| Auditing Clerk | Accounting and Finance | 14,140 BAM |
| Auditing Manager | Accounting and Finance | 43,360 BAM |
| Billing Clerk | Accounting and Finance | 15,880 BAM |
| Billing Coordinator | Accounting and Finance | 19,640 BAM |
| Billing Specialist | Accounting and Finance | 23,380 BAM |
| Billing Supervisor | Accounting and Finance | 31,080 BAM |
| Bookkeeper | Accounting and Finance | 14,540 BAM |
| Bookkeeping Specialist | Accounting and Finance | 20,120 BAM |
| Budget Analyst | Accounting and Finance | 33,960 BAM |
| Budget Manager | Accounting and Finance | 39,420 BAM |
| Business Support Analyst | Accounting and Finance | 20,760 BAM |
| Capital Markets Associate | Accounting and Finance | 31,080 BAM |
| Cash Flow Analyst | Accounting and Finance | 31,660 BAM |
| Cash Management Manager | Accounting and Finance | 41,900 BAM |
| Cash Management Officer | Accounting and Finance | 23,380 BAM |
| Cashbook Clerk | Accounting and Finance | 11,880 BAM |
| Chartered Accountant | Accounting and Finance | 23,700 BAM |
| Chief Accountant | Accounting and Finance | 29,640 BAM |
| Collections Clerk | Accounting and Finance | 13,700 BAM |
| Collections Representative | Accounting and Finance | 15,700 BAM |
| Collections Specialist | Accounting and Finance | 21,380 BAM |
| Corporate Controller | Accounting and Finance | 32,620 BAM |
| Corporate Treasurer | Accounting and Finance | 39,800 BAM |
| Cost Accountant | Accounting and Finance | 21,020 BAM |
| Cost Accounting Manager | Accounting and Finance | 37,380 BAM |
| Cost Accounting Supervisor | Accounting and Finance | 32,900 BAM |
| Cost Analyst | Accounting and Finance | 31,380 BAM |
| Credit Controller | Accounting and Finance | 24,720 BAM |
| Credit Manager | Accounting and Finance | 43,340 BAM |
| Credit and Collection Manager | Accounting and Finance | 40,420 BAM |
| Credit and Collection Staff | Accounting and Finance | 14,920 BAM |
| Credit and Loans Officer | Accounting and Finance | 14,920 BAM |
| Debt Adviser | Accounting and Finance | 31,520 BAM |
| Debt Collector | Accounting and Finance | 18,260 BAM |
| Debtors Clerk | Accounting and Finance | 12,580 BAM |
| Debtors Controller | Accounting and Finance | 13,560 BAM |
| Deputy CFO | Accounting and Finance | 57,320 BAM |
| Derivative Trader | Accounting and Finance | 35,300 BAM |
| Director of Finance | Accounting and Finance | 56,640 BAM |
| Economist | Accounting and Finance | 49,360 BAM |
| Equity Analyst | Accounting and Finance | 35,340 BAM |
| Escrow Assistant | Accounting and Finance | 16,340 BAM |
| Executive Accountant | Accounting and Finance | 21,640 BAM |
| External Auditor | Accounting and Finance | 25,720 BAM |
| Finance Administrator | Accounting and Finance | 23,400 BAM |
| Finance Analyst | Accounting and Finance | 34,380 BAM |
| Finance Associate | Accounting and Finance | 16,340 BAM |
| Finance Director | Accounting and Finance | 58,280 BAM |
| Finance Executive | Accounting and Finance | 41,980 BAM |
| Finance Licensing Clerk | Accounting and Finance | 12,240 BAM |
| Finance Licensing Manager | Accounting and Finance | 38,060 BAM |
| Finance Licensing Specialist | Accounting and Finance | 23,400 BAM |
| Finance Manager | Accounting and Finance | 59,240 BAM |
| Finance Officer | Accounting and Finance | 18,280 BAM |
| Finance President | Accounting and Finance | 59,940 BAM |
| Finance Relationship Manager | Accounting and Finance | 45,720 BAM |
| Finance Release Analyst | Accounting and Finance | 24,820 BAM |
| Finance Specialist | Accounting and Finance | 32,200 BAM |
| Finance Team Leader | Accounting and Finance | 42,960 BAM |
| Financial Accountant | Accounting and Finance | 18,280 BAM |
| Financial Actuary | Accounting and Finance | 29,320 BAM |
| Financial Administrator | Accounting and Finance | 31,180 BAM |
| Financial Advisor | Accounting and Finance | 36,160 BAM |
| Financial Analyst | Accounting and Finance | 36,160 BAM |
| Financial Applications Specialist | Accounting and Finance | 24,800 BAM |
| Financial Assistant | Accounting and Finance | 17,620 BAM |
| Financial Associate | Accounting and Finance | 17,620 BAM |
| Financial Associate | Accounting and Finance | 19,020 BAM |
| Financial Claims Analyst | Accounting and Finance | 26,660 BAM |
| Financial Claims Manager | Accounting and Finance | 35,500 BAM |
| Financial Claims Supervisor | Accounting and Finance | 33,440 BAM |
| Financial Clerk | Accounting and Finance | 17,260 BAM |
| Financial Commercial Analyst | Accounting and Finance | 29,840 BAM |
| Financial Compliance Analyst | Accounting and Finance | 31,520 BAM |
| Financial Consultant | Accounting and Finance | 27,300 BAM |
| Financial Controller | Accounting and Finance | 32,900 BAM |
| Financial Controller | Accounting and Finance | 34,080 BAM |
| Financial Coordinator | Accounting and Finance | 20,300 BAM |
| Financial Customer Service Manager | Accounting and Finance | 35,520 BAM |
| Financial Dealer and Broker | Accounting and Finance | 21,380 BAM |
| Financial Director | Accounting and Finance | 60,020 BAM |
| Financial Encoder | Accounting and Finance | 16,400 BAM |
| Financial Manager | Accounting and Finance | 52,380 BAM |
| Financial Manager | Accounting and Finance | 57,800 BAM |
| Financial Operations Manager | Accounting and Finance | 50,080 BAM |
| Financial Policy Analyst | Accounting and Finance | 28,680 BAM |
| Financial Project Manager | Accounting and Finance | 40,420 BAM |
| Financial Quantitative Analyst | Accounting and Finance | 35,340 BAM |
| Financial Reporting Consultant | Accounting and Finance | 26,660 BAM |
| Financial Reporting Manager | Accounting and Finance | 36,020 BAM |
| Financial Section Head | Accounting and Finance | 38,260 BAM |
| Financial Services Manager | Accounting and Finance | 48,920 BAM |
| Financial Services Sales Agent | Accounting and Finance | 19,940 BAM |
| Fixed Assets Administrator | Accounting and Finance | 19,380 BAM |
| Forensic Accountant | Accounting and Finance | 22,400 BAM |
| Fraud Detection Supervisor | Accounting and Finance | 23,140 BAM |
| Fraud Prevention Manager | Accounting and Finance | 42,460 BAM |
| Fund Accountant | Accounting and Finance | 20,500 BAM |
| Grants Coordinator | Accounting and Finance | 12,240 BAM |
| Group Financial Manager | Accounting and Finance | 57,440 BAM |
| Internal Auditor | Accounting and Finance | 27,040 BAM |
| Internal Control Adviser | Accounting and Finance | 29,160 BAM |
| Internal Control Officer | Accounting and Finance | 16,140 BAM |
| International Tax Director | Accounting and Finance | 49,820 BAM |
| Inventory Accountant | Accounting and Finance | 19,060 BAM |
| Investment Advisor | Accounting and Finance | 51,400 BAM |
| Investment Analyst | Accounting and Finance | 40,420 BAM |
| Investment Associate | Accounting and Finance | 30,700 BAM |
| Investment Broker | Accounting and Finance | 35,300 BAM |
| Investment Fund Manager | Accounting and Finance | 45,580 BAM |
| Investment Operations Manager | Accounting and Finance | 42,040 BAM |
| Investment Underwriter | Accounting and Finance | 18,780 BAM |
| Investor | Accounting and Finance | 23,360 BAM |
| Investor Relations Manager | Accounting and Finance | 39,560 BAM |
| KYC Team Leader | Accounting and Finance | 40,420 BAM |
| Loan Processor | Accounting and Finance | 18,260 BAM |
| Management Accountant | Accounting and Finance | 24,840 BAM |
| Management Economist | Accounting and Finance | 45,000 BAM |
| Paymaster | Accounting and Finance | 14,140 BAM |
| Payroll Administrator | Accounting and Finance | 25,680 BAM |
| Payroll Benefits Coordinator | Accounting and Finance | 21,560 BAM |
| Payroll Billing Manager | Accounting and Finance | 37,740 BAM |
| Payroll Clerk | Accounting and Finance | 16,340 BAM |
| Payroll Manager | Accounting and Finance | 38,140 BAM |
| Payroll Officer | Accounting and Finance | 17,860 BAM |
| Payroll Specialist | Accounting and Finance | 19,480 BAM |
| Payroll Supervisor | Accounting and Finance | 27,300 BAM |
| Pensions Administrator | Accounting and Finance | 21,400 BAM |
| Personal Financial Advisor | Accounting and Finance | 28,720 BAM |
| Pricing Analyst | Accounting and Finance | 34,160 BAM |
| Private Equity Analyst | Accounting and Finance | 32,420 BAM |
| Project Accountant | Accounting and Finance | 19,980 BAM |
| Proposal Development Coordinator | Accounting and Finance | 16,140 BAM |
| Receivables Accountant | Accounting and Finance | 19,200 BAM |
| Regulatory Accountant | Accounting and Finance | 20,000 BAM |
| Retirement Plan Analyst | Accounting and Finance | 32,620 BAM |
| Revenue Management Specialist | Accounting and Finance | 34,980 BAM |
| Revenue Recognition Analyst | Accounting and Finance | 37,740 BAM |
| Risk Management Director | Accounting and Finance | 46,840 BAM |
| Risk Management Supervisor | Accounting and Finance | 38,680 BAM |
| Staff Accountant | Accounting and Finance | 16,980 BAM |
| Tax Accountant | Accounting and Finance | 17,740 BAM |
| Tax Administrator | Accounting and Finance | 19,060 BAM |
| Tax Advisor | Accounting and Finance | 32,020 BAM |
| Tax Analyst | Accounting and Finance | 29,160 BAM |
| Tax Associate | Accounting and Finance | 15,700 BAM |
| Tax Consultant | Accounting and Finance | 30,700 BAM |
| Tax Director | Accounting and Finance | 42,960 BAM |
| Tax Examiner | Accounting and Finance | 19,940 BAM |
| Tax Manager | Accounting and Finance | 38,780 BAM |
| Tax Research Manager | Accounting and Finance | 41,560 BAM |
| Teller | Accounting and Finance | 10,080 BAM |
| Treasury Accountant | Accounting and Finance | 20,940 BAM |
| Treasury Analyst | Accounting and Finance | 34,080 BAM |
| Underwriter | Accounting and Finance | 14,620 BAM |
| Underwriting Assistant | Accounting and Finance | 13,540 BAM |
| Vice President of Finance | Accounting and Finance | 54,180 BAM |
Salary Comparison by City
If you want to compare salaries with different cities in Bosnia and Herzegovina, you can use the links below to explore the data for each specific city we have researched.
| City | Average Salary |
|---|---|
| Medjugorje | 51,080 BAM |
| Mostar | 50,340 BAM |
| Sarajevo | 58,860 BAM |
| Tuzla | 54,180 BAM |
| Zenica | 50,340 BAM |
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Average Deputy Head of Finance Salary in Banja Luka, Bosnia and Herzegovina for 2026. World Salaries. Retrieved from https://worldsalaries.com/average-deputy-head-of-finance-salary-in-banja-luka/bosnia-and-herzegovina/.