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Average Deputy Head of Finance Salary in Mongolia for 2026

A deputy head of finance in Mongolia earns about 44,398,300 MNT a year. That's 90% above the national average of 23,399,000 MNT.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Mongolia sit around 20,400,600 MNT a year, while the very top stretches to 70,679,800 MNT. Everything on this page is in Mongolian tu00f6gru00f6g (MNT, symbol ₮), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Mongolia, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a deputy head of finance make in Mongolia?

Average salary
44,398,300 MNT
3,699,858 MNT per month
Lowest reported
20,400,600 MNT
1,700,050 MNT per month
Highest reported
70,679,800 MNT
5,889,983 MNT per month

A typical deputy head of finance working in Mongolia brings home around 3,699,858 MNT a month before tax. Entry-level pay starts near 20,400,600 MNT, and the top of the ladder reaches roughly 70,679,800 MNT for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior deputy head of finance working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How deputy head of finance pay ranges in Mongolia

A good way to think about salary in Mongolia is to look at the distribution rather than the headline average. Half of all deputy head of finances in Mongolia earn less than 47,999,400 MNT a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 30,841,400 MNT (the 25th percentile), and a quarter clear 64,079,200 MNT (the 75th percentile). The middle 50% of deputy head of finances sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 20,400,600 MNT. The highest stretch to 70,679,800 MNT, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

20,400,600
Low
47,999,400
Median
70,679,800
High
30,841,400
25th
64,079,200
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in MNT

Deputy head of finance pay by experience in Mongolia

Years of experience is the single biggest lever on pay for a deputy head of finance in Mongolia, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical deputy head of finance salary changes as you move through the career ladder.

  • 0-2 Years
    23,159,200 MNT
  • 2-5 Years
    +34% from previous
    30,961,800 MNT
  • 5-10 Years
    +48% from previous
    45,839,700 MNT
  • 10-15 Years
    +22% from previous
    55,801,900 MNT
  • 15-20 Years
    +9% from previous
    60,841,800 MNT
  • 20+ Years
    +8% from previous
    65,878,200 MNT

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 48%. That is the point at which a deputy head of finance typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Deputy head of finance pay by education in Mongolia

Education sits alongside experience as one of the biggest factors driving deputy head of finance pay in Mongolia. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average deputy head of finance salary in Mongolia broken down by the highest level of education a worker has completed.

  • Certificate or Diploma
    26,520,600 MNT
  • Bachelor's Degree
    +57% from previous
    41,520,800 MNT
  • Master's Degree
    +68% from previous
    69,599,200 MNT

Deputy head of finance gender pay gap in Mongolia

The gender pay gap is a stubborn feature of almost every labour market, and Mongolia is no exception. Male deputy head of finances in Mongolia earn an average of 46,438,700 MNT a year, while female deputy head of finances earn around 42,479,000 MNT. That works out to a 9% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Deputy Head of Finance gender pay gap

9%

Men earn this much more than women on average in Mongolia.

Men 46,438,700 MNT
Women 42,479,000 MNT

Pay raises for a deputy head of finance in Mongolia

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Mongolia sees a raise of about 8% every 30 months, which works out to roughly 3% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Mongolia, the national average raise is around 4% every 29 months.

By industry

Industries with the highest pay raises in Mongolia:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education
    2%

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Deputy head of finance bonus rates in Mongolia

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

68%

68% of deputy head of finances in Mongolia reported a bonus of some kind in the past twelve months. That makes a deputy head of finance a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 5% to 9% of base salary. The remaining 32% of deputy head of finances reported no bonus at all over the same period.

Which careers pay bonuses in Mongolia

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Deputy head of finance: public vs private sector pay

Public-sector pay in Mongolia is about 18% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

15%

Public-sector workers earn this much more than private-sector workers in Mongolia on average.

Public sector 25,561,400 MNT
Private sector 21,719,900 MNT

Deputy head of finance salary by city in Mongolia

Deputy head of finance pay is not even across Mongolia. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Ulan Bator
LocationTypeAverageMedianRange
Ulan BatorCity50,639,500 MNT54,719,600 MNT23,280,700-80,520,300 MNT


Deputy Head of Finance in Mongolia: FAQs

  • How much does a deputy head of finance make per month in Mongolia?

    A deputy head of finance in Mongolia earns about 3,699,858 MNT a month before tax, based on an annual average of 44,398,300 MNT.

  • What's the salary range for a deputy head of finance in Mongolia?

    Entry-level deputy head of finances in Mongolia start near 20,400,600 MNT. Top-end pay reaches around 70,679,800 MNT. The middle 50% of earners sit between 30,841,400 and 64,079,200 MNT.

  • Is the median deputy head of finance salary in Mongolia higher or lower than the average?

    The median is 47,999,400 MNT, higher than the average of 44,398,300 MNT. Half of deputy head of finances in Mongolia earn below the median, half earn above it.

  • What's the gender pay gap for deputy head of finances in Mongolia?

    Men working as a deputy head of finance in Mongolia earn around 9% more than women on average (46,438,700 vs 42,479,000 MNT a year).

  • Do deputy head of finances in Mongolia get bonuses?

    About 68% of deputy head of finances in Mongolia reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 9% of base salary.

  • Do deputy head of finances earn more in the public or private sector in Mongolia?

    In Mongolia, the public sector pays a deputy head of finance about 18% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do deputy head of finances in Mongolia get a pay raise?

    A deputy head of finance in Mongolia sees a raise of around 8% every 30 months, equivalent to roughly 3% a year.