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Average Finance Director Salary in Mongolia for 2026

A finance director in Mongolia earns about 50,878,500 MNT a year. That's 117% 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 27,479,000 MNT a year, while the very top stretches to 76,921,100 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 finance director make in Mongolia?

Average salary
50,878,500 MNT
4,239,875 MNT per month
Lowest reported
27,479,000 MNT
2,289,916 MNT per month
Highest reported
76,921,100 MNT
6,410,091 MNT per month

A typical finance director working in Mongolia brings home around 4,239,875 MNT a month before tax. Entry-level pay starts near 27,479,000 MNT, and the top of the ladder reaches roughly 76,921,100 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 finance director 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 finance director 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 finance directors in Mongolia earn less than 46,800,400 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 33,481,400 MNT (the 25th percentile), and a quarter clear 56,879,200 MNT (the 75th percentile). The middle 50% of finance directors sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 27,479,000 MNT. The highest stretch to 76,921,100 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.

27,479,000
Low
46,800,400
Median
76,921,100
High
33,481,400
25th
56,879,200
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in MNT

Finance director pay by experience in Mongolia

Years of experience is the single biggest lever on pay for a finance director 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 finance director salary changes as you move through the career ladder.

  • 0-2 Years
    31,919,300 MNT
  • 2-5 Years
    +26% from previous
    40,321,500 MNT
  • 5-10 Years
    +32% from previous
    53,158,700 MNT
  • 10-15 Years
    +18% from previous
    62,519,300 MNT
  • 15-20 Years
    +11% from previous
    69,241,100 MNT
  • 20+ Years
    +6% from previous
    73,681,000 MNT

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 32%. That is the point at which a finance director 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.


Finance director pay by education in Mongolia

Education sits alongside experience as one of the biggest factors driving finance director 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 finance director salary in Mongolia broken down by the highest level of education a worker has completed.

  • Certificate or Diploma
    38,878,700 MNT
  • Bachelor's Degree
    +10% from previous
    42,839,200 MNT
  • Master's Degree
    +32% from previous
    56,641,700 MNT
  • PhD
    +26% from previous
    71,400,600 MNT

Finance director gender pay gap in Mongolia

The gender pay gap is a stubborn feature of almost every labour market, and Mongolia is no exception. Male finance directors in Mongolia earn an average of 52,201,800 MNT a year, while female finance directors earn around 49,318,100 MNT. That works out to a 6% 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.

Finance Director gender pay gap

6%

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

Men 52,201,800 MNT
Women 49,318,100 MNT

Pay raises for a finance director 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 9% every 30 months, which works out to roughly 4% 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

Finance director 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.

61%

61% of finance directors in Mongolia reported a bonus of some kind in the past twelve months. That makes a finance director 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 6% to 7% of base salary. The remaining 39% of finance directors 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

Finance director: 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

Finance director salary by city in Mongolia

Finance director 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 BatorCity51,238,900 MNT49,198,300 MNT26,639,300-78,479,700 MNT


Finance Director in Mongolia: FAQs

  • How much does a finance director make per month in Mongolia?

    A finance director in Mongolia earns about 4,239,875 MNT a month before tax, based on an annual average of 50,878,500 MNT.

  • What's the salary range for a finance director in Mongolia?

    Entry-level finance directors in Mongolia start near 27,479,000 MNT. Top-end pay reaches around 76,921,100 MNT. The middle 50% of earners sit between 33,481,400 and 56,879,200 MNT.

  • Is the median finance director salary in Mongolia higher or lower than the average?

    The median is 46,800,400 MNT, lower than the average of 50,878,500 MNT. Half of finance directors in Mongolia earn below the median, half earn above it.

  • What's the gender pay gap for finance directors in Mongolia?

    Men working as a finance director in Mongolia earn around 6% more than women on average (52,201,800 vs 49,318,100 MNT a year).

  • Do finance directors in Mongolia get bonuses?

    About 61% of finance directors in Mongolia reported a bonus in the past 12 months. Reported bonuses ranged from 6% to 7% of base salary.

  • Do finance directors earn more in the public or private sector in Mongolia?

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

  • How often do finance directors in Mongolia get a pay raise?

    A finance director in Mongolia sees a raise of around 9% every 30 months, equivalent to roughly 4% a year.