Average Financial Applications Specialist Salary in Iran for 2024

In this article, we will look at the average Financial Applications Specialist salary for 2024 in Iran 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 Iranian rial. To keep things simple, we are using the IRR currency code instead of the currency symbol ï·¼.

How Much Does a Financial Applications Specialist Make in Iran?

A Financial Applications Specialist working in Iran will typically earn around 480,000,400 IRR per year, and this can range from the lowest average salary of about 249,599,700 IRR to the highest average salary of 734,401,100 IRR.

Average Annual Salary
480,000,400 IRR
Average Monthly Salary
40,000,033 IRR

Lowest Annual Salary
249,599,700 IRR
Lowest Monthly Salary
20,799,975 IRR

Highest Annual Salary
734,401,100 IRR
Highest Monthly Salary
61,200,091 IRR

These are average salaries for a Financial Applications Specialist in Iran and include benefits such as housing and transport. It's also possible for a Financial Applications Specialist to earn more or less than the average salaries shown above.

Financial Applications Specialist 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 Financial Applications Specialist Salaries in Iran

So we've looked at the average salaries a Financial Applications Specialist will earn in Iran. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Financial Applications Specialist can earn between 249,599,700 IRR and 734,401,100 IRR on average in Iran. 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 Financial Applications Specialist in Iran is 460,799,100 IRR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 460,799,100 IRR, and 50% of the population earn more than 460,799,100 IRR.

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 Financial Applications Specialist salary in Iran, 25% of the population are earning less than 319,201,400 IRR while 75% of the population earn more than 319,201,400 IRR.

75% of the population earn less than 573,598,600 IRR, and 25% of the population earn more than 573,598,600 IRR.

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.

Financial Applications Specialist Salary by Experience Level in Iran

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 financial applications specialist 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 Financial Applications Specialist in Iran that has less than two years of experience can expect to earn somewhere in the region of 283,199,800 IRR.
  • 2 - 5 Years Experience. With two to five years of experience the average Financial Applications Specialist salary would increase to 380,401,300 IRR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Financial Applications Specialist, the average salary would be 494,400,200 IRR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 598,798,600 IRR.
  • 15 - 20 Years Experience. A Financial Applications Specialist with 15 to 20 years of experience can earn an average of 654,001,300 IRR.
  • 20+ Years Experience. For a Financial Applications Specialist with more than 20 years, the expected average salary increases to 687,601,700 IRR.

Average Salary by Experience Chart

0-2 Years
283,199,800 IRR
2-5 Years +34%
380,401,300 IRR
5-10 Years +30%
494,400,200 IRR
10-15 Years +21%
598,798,600 IRR
15-20 Years +9%
654,001,300 IRR
20+ Years +5%
687,601,700 IRR

Financial Applications Specialist Salary by Education Level in Iran

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 Financial Applications Specialist in Iran based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Financial Applications Specialist in Iran with a high school education can earn an average salary of 342,001,300 IRR.

  • Certificate or Diploma. A Financial Applications Specialist in Iran with a certificate or diploma education can earn an average salary of 389,999,800 IRR.

  • Bachelor's Degree. A Financial Applications Specialist in Iran with a bachelor's degree education can earn an average salary of 549,598,900 IRR.

  • Master's Degree. A Financial Applications Specialist in Iran with a master's degree education can earn an average salary of 666,001,200 IRR.

Average Salary by Education Chart

High School
342,001,300 IRR
Certificate or Diploma +14%
389,999,800 IRR
Bachelor's Degree +41%
549,598,900 IRR
Master's Degree +21%
666,001,200 IRR

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 Iran is around 224,000,000 to 672,000,000 IRR 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.

Financial Applications Specialist 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 Iran, a male financial applications specialist will earn an average of 509,999,900 IRR, while a female financial applications specialist will earn around 459,599,700 IRR.

This means that a male financial applications specialist earns approximately 11% more than a female financial applications specialist for performing the same job.

Average Salary by Gender Chart in Iran

Male
509,999,900 IRR
Female -11%
459,599,700 IRR

Financial Applications Specialist Average Pay Raise in Iran

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 Financial Applications Specialist in Iran is around 11% every 19 months.

The national average pay raise across all professions and industries in Iran is around 8% every 19 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 = ( 11 ÷ 19 ) × 12  = 7%

What this means is that a Financial Applications Specialist in Iran can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Iran for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Financial Applications Specialist Bonus and Incentive Rates in Iran

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 Financial Applications Specialist is a low bonus based job, with 49% of employees reporting at least one bonus in the last 12 months.

51% 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 3% to 5%.

Received Bonus
49%
No Bonus
51%

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 Iran earn approximately 10% more than private sector employees in the same role.

Public Sector
568,800,800 IRR
Private Sector -10%
516,001,900 IRR

Salaries for Jobs Similar to a Financial Applications Specialist

In the table below, we have salary information for jobs that are similar to a Financial Applications Specialist in Iran.

Job Title Category Salary
Account Examiner Accounting and Finance 297,599,600 IRR
Account Executive Accounting and Finance 495,599,100 IRR
Accountant Accounting and Finance 404,399,700 IRR
Accounting Analyst Accounting and Finance 469,198,600 IRR
Accounting Assistant Accounting and Finance 316,799,800 IRR
Accounting Associate Accounting and Finance 285,599,300 IRR
Accounting Clerk Accounting and Finance 239,998,500 IRR
Accounting Coordinator Accounting and Finance 357,599,200 IRR
Accounting Head Accounting and Finance 784,798,300 IRR
Accounting Manager Accounting and Finance 799,199,100 IRR
Accounting Officer Accounting and Finance 284,398,600 IRR
Accounting Specialist Accounting and Finance 520,799,000 IRR
Accounting Supervisor Accounting and Finance 549,598,900 IRR
Accounting Technician Accounting and Finance 289,201,100 IRR
Accounting Unit Controller Accounting and Finance 640,800,300 IRR
Accounts Executive Accounting and Finance 509,999,900 IRR
Accounts Officer Accounting and Finance 301,201,000 IRR
Accounts Payable and Receivable Specialist Accounting and Finance 399,598,300 IRR
Accounts Payable Assistant Accounting and Finance 328,800,600 IRR
Accounts Payable Associate Accounting and Finance 362,401,000 IRR
Accounts Payable Clerk Accounting and Finance 280,800,800 IRR
Accounts Payable Manager Accounting and Finance 746,399,400 IRR
Accounts Receivable Administrator Accounting and Finance 584,398,200 IRR
Accounts Receivable Clerk Accounting and Finance 282,000,500 IRR
Accounts Receivable Financial Analyst Accounting and Finance 530,399,500 IRR
Accounts Receivable Manager Accounting and Finance 738,001,600 IRR
Accounts Receivable Team Leader Accounting and Finance 555,599,800 IRR
Assistant Accountant Accounting and Finance 289,201,100 IRR
Assistant Accounting Manager Accounting and Finance 764,398,300 IRR
Assistant Auditor Accounting and Finance 381,598,500 IRR
Assistant Corporate Controller Accounting and Finance 531,601,100 IRR
Assistant Finance Manager Accounting and Finance 819,601,600 IRR
Assistant Financial Controller Accounting and Finance 530,399,500 IRR
Audit Director Accounting and Finance 878,401,700 IRR
Audit Supervisor Accounting and Finance 700,801,700 IRR
Auditing Clerk Accounting and Finance 301,201,000 IRR
Auditing Manager Accounting and Finance 805,198,300 IRR
Billing Clerk Accounting and Finance 304,798,100 IRR
Billing Coordinator Accounting and Finance 364,799,900 IRR
Billing Specialist Accounting and Finance 429,600,300 IRR
Billing Supervisor Accounting and Finance 595,200,900 IRR
Bookkeeper Accounting and Finance 256,799,900 IRR
Bookkeeping Specialist Accounting and Finance 393,599,000 IRR
Budget Analyst Accounting and Finance 672,001,100 IRR
Budget Manager Accounting and Finance 806,398,200 IRR
Business Support Analyst Accounting and Finance 429,600,300 IRR
Capital Markets Associate Accounting and Finance 580,798,800 IRR
Cash Flow Analyst Accounting and Finance 591,601,900 IRR
Cash Management Manager Accounting and Finance 776,401,400 IRR
Cash Management Officer Accounting and Finance 451,200,600 IRR
Cashbook Clerk Accounting and Finance 274,800,400 IRR
Chartered Accountant Accounting and Finance 502,800,400 IRR
Chief Accountant Accounting and Finance 574,799,300 IRR
Collections Clerk Accounting and Finance 252,000,400 IRR
Collections Representative Accounting and Finance 338,398,500 IRR
Collections Specialist Accounting and Finance 406,800,600 IRR
Corporate Controller Accounting and Finance 643,200,500 IRR
Corporate Treasurer Accounting and Finance 761,998,500 IRR
Cost Accountant Accounting and Finance 410,399,000 IRR
Cost Accounting Manager Accounting and Finance 793,199,100 IRR
Cost Accounting Supervisor Accounting and Finance 613,198,600 IRR
Cost Analyst Accounting and Finance 637,201,500 IRR
Credit and Collection Manager Accounting and Finance 781,199,500 IRR
Credit and Collection Staff Accounting and Finance 289,201,100 IRR
Credit and Loans Officer Accounting and Finance 289,201,100 IRR
Credit Controller Accounting and Finance 532,801,600 IRR
Credit Manager Accounting and Finance 836,399,100 IRR
Debt Adviser Accounting and Finance 630,000,700 IRR
Debt Collector Accounting and Finance 307,199,100 IRR
Debtors Clerk Accounting and Finance 264,000,100 IRR
Debtors Controller Accounting and Finance 284,398,600 IRR
Deputy CFO Accounting and Finance 1,077,601,300 IRR
Deputy Head of Finance Accounting and Finance 1,081,198,600 IRR
Derivative Trader Accounting and Finance 683,999,300 IRR
Director of Finance Accounting and Finance 1,115,998,500 IRR
Economist Accounting and Finance 897,600,100 IRR
Equity Analyst Accounting and Finance 688,801,700 IRR
Escrow Assistant Accounting and Finance 358,801,800 IRR
Executive Accountant Accounting and Finance 424,798,700 IRR
External Auditor Accounting and Finance 543,599,200 IRR
Finance Administrator Accounting and Finance 444,000,800 IRR
Finance Analyst Accounting and Finance 699,598,100 IRR
Finance Associate Accounting and Finance 332,398,200 IRR
Finance Director Accounting and Finance 1,128,000,700 IRR
Finance Executive Accounting and Finance 823,198,800 IRR
Finance Licensing Clerk Accounting and Finance 295,199,500 IRR
Finance Licensing Manager Accounting and Finance 783,599,400 IRR
Finance Licensing Specialist Accounting and Finance 445,198,200 IRR
Finance Manager Accounting and Finance 1,072,798,900 IRR
Finance Officer Accounting and Finance 391,200,800 IRR
Finance President Accounting and Finance 1,162,801,900 IRR
Finance Relationship Manager Accounting and Finance 926,400,100 IRR
Finance Release Analyst Accounting and Finance 447,601,400 IRR
Finance Specialist Accounting and Finance 636,001,400 IRR
Finance Team Leader Accounting and Finance 893,999,400 IRR
Financial Accountant Accounting and Finance 381,598,500 IRR
Financial Actuary Accounting and Finance 591,601,900 IRR
Financial Administrator Accounting and Finance 650,401,500 IRR
Financial Advisor Accounting and Finance 698,401,800 IRR
Financial Analyst Accounting and Finance 697,200,500 IRR
Financial Assistant Accounting and Finance 309,601,700 IRR
Financial Associate Accounting and Finance 333,599,700 IRR
Financial Associate Accounting and Finance 368,401,200 IRR
Financial Claims Analyst Accounting and Finance 533,998,600 IRR
Financial Claims Manager Accounting and Finance 706,800,800 IRR
Financial Claims Supervisor Accounting and Finance 657,600,400 IRR
Financial Clerk Accounting and Finance 315,599,200 IRR
Financial Commercial Analyst Accounting and Finance 597,598,400 IRR
Financial Compliance Analyst Accounting and Finance 619,198,900 IRR
Financial Consultant Accounting and Finance 527,998,500 IRR
Financial Controller Accounting and Finance 612,001,500 IRR
Financial Controller Accounting and Finance 659,999,500 IRR
Financial Coordinator Accounting and Finance 345,600,900 IRR
Financial Customer Service Manager Accounting and Finance 735,599,400 IRR
Financial Dealer and Broker Accounting and Finance 417,600,100 IRR
Financial Director Accounting and Finance 1,155,599,500 IRR
Financial Encoder Accounting and Finance 323,999,400 IRR
Financial Manager Accounting and Finance 1,053,598,500 IRR
Financial Manager Accounting and Finance 1,069,198,700 IRR
Financial Operations Manager Accounting and Finance 993,601,000 IRR
Financial Policy Analyst Accounting and Finance 643,200,500 IRR
Financial Project Manager Accounting and Finance 823,198,800 IRR
Financial Quantitative Analyst Accounting and Finance 711,601,800 IRR
Financial Reporting Consultant Accounting and Finance 574,799,300 IRR
Financial Reporting Manager Accounting and Finance 792,001,800 IRR
Financial Section Head Accounting and Finance 739,200,600 IRR
Financial Services Manager Accounting and Finance 973,200,400 IRR
Financial Services Sales Agent Accounting and Finance 415,198,100 IRR
Fixed Assets Administrator Accounting and Finance 405,600,100 IRR
Forensic Accountant Accounting and Finance 468,001,800 IRR
Fraud Detection Supervisor Accounting and Finance 496,801,500 IRR
Fraud Prevention Manager Accounting and Finance 824,398,700 IRR
Fund Accountant Accounting and Finance 387,599,900 IRR
Grants Coordinator Accounting and Finance 293,999,200 IRR
Group Financial Manager Accounting and Finance 1,152,001,800 IRR
Internal Auditor Accounting and Finance 519,601,800 IRR
Internal Control Adviser Accounting and Finance 633,600,200 IRR
Internal Control Officer Accounting and Finance 351,599,600 IRR
International Tax Director Accounting and Finance 986,400,800 IRR
Inventory Accountant Accounting and Finance 425,999,100 IRR
Investment Advisor Accounting and Finance 1,085,998,300 IRR
Investment Analyst Accounting and Finance 802,800,300 IRR
Investment Associate Accounting and Finance 649,199,600 IRR
Investment Broker Accounting and Finance 683,999,300 IRR
Investment Fund Manager Accounting and Finance 863,999,400 IRR
Investment Operations Manager Accounting and Finance 910,800,200 IRR
Investment Underwriter Accounting and Finance 330,000,500 IRR
Investor Accounting and Finance 536,401,100 IRR
Investor Relations Manager Accounting and Finance 758,398,300 IRR
KYC Team Leader Accounting and Finance 801,601,200 IRR
Loan Processor Accounting and Finance 331,199,700 IRR
Management Accountant Accounting and Finance 460,799,100 IRR
Management Economist Accounting and Finance 878,401,700 IRR
Paymaster Accounting and Finance 333,599,700 IRR
Payroll Administrator Accounting and Finance 541,198,200 IRR
Payroll Benefits Coordinator Accounting and Finance 416,401,200 IRR
Payroll Billing Manager Accounting and Finance 688,801,700 IRR
Payroll Clerk Accounting and Finance 358,801,800 IRR
Payroll Manager Accounting and Finance 753,598,100 IRR
Payroll Officer Accounting and Finance 328,800,600 IRR
Payroll Specialist Accounting and Finance 394,799,800 IRR
Payroll Supervisor Accounting and Finance 526,801,700 IRR
Pensions Administrator Accounting and Finance 399,598,300 IRR
Personal Financial Advisor Accounting and Finance 596,401,800 IRR
Pricing Analyst Accounting and Finance 683,999,300 IRR
Private Equity Analyst Accounting and Finance 727,199,100 IRR
Project Accountant Accounting and Finance 440,401,900 IRR
Proposal Development Coordinator Accounting and Finance 334,798,200 IRR
Receivables Accountant Accounting and Finance 377,998,900 IRR
Regulatory Accountant Accounting and Finance 422,399,100 IRR
Retirement Plan Analyst Accounting and Finance 643,200,500 IRR
Revenue Management Specialist Accounting and Finance 669,599,400 IRR
Revenue Recognition Analyst Accounting and Finance 742,798,500 IRR
Risk Management Director Accounting and Finance 906,001,800 IRR
Risk Management Supervisor Accounting and Finance 746,399,400 IRR
Staff Accountant Accounting and Finance 369,600,300 IRR
Tax Accountant Accounting and Finance 368,401,200 IRR
Tax Administrator Accounting and Finance 427,198,200 IRR
Tax Advisor Accounting and Finance 603,601,900 IRR
Tax Analyst Accounting and Finance 604,799,000 IRR
Tax Associate Accounting and Finance 331,199,700 IRR
Tax Consultant Accounting and Finance 631,200,600 IRR
Tax Director Accounting and Finance 919,199,200 IRR
Tax Examiner Accounting and Finance 437,998,500 IRR
Tax Manager Accounting and Finance 772,799,000 IRR
Tax Research Manager Accounting and Finance 773,998,700 IRR
Teller Accounting and Finance 226,800,200 IRR
Treasury Accountant Accounting and Finance 412,798,200 IRR
Treasury Analyst Accounting and Finance 628,801,200 IRR
Underwriter Accounting and Finance 279,599,500 IRR
Underwriting Assistant Accounting and Finance 264,000,100 IRR
Vice President of Finance Accounting and Finance 1,105,198,400 IRR

Salary Comparison by City

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

City Average Salary
Tehran 535,200,300 IRR

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