Average Financial Manager Salary in Italy for 2026
A financial manager in Italy earns about 89,280 EUR a year. That's 98% above the national average of 45,200 EUR.
Pay ranges widely from country to country and from role to role. The lowest reported salaries in Italy sit around 47,180 EUR a year, while the very top stretches to 136,200 EUR. Everything on this page is in Euro (EUR, 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 Italy, 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 financial manager make in Italy?
A typical financial manager working in Italy brings home around 7,440 EUR a month before tax. Entry-level pay starts near 47,180 EUR, and the top of the ladder reaches roughly 136,200 EUR 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 financial manager 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. For a cross-country comparison, see the financial manager salary in Belgium or Netherlands, both of which pay in the same currency.
How financial manager pay ranges in Italy
A good way to think about salary in Italy is to look at the distribution rather than the headline average. Half of all financial managers in Italy earn less than 84,800 EUR 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 57,440 EUR (the 25th percentile), and a quarter clear 106,160 EUR (the 75th percentile). The middle 50% of financial managers sit somewhere inside that band, which is where the typical reader of this page probably lives.
The very lowest reported salaries sit around 47,180 EUR. The highest stretch to 136,200 EUR, 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.
Financial manager pay by experience in Italy
Years of experience is the single biggest lever on pay for a financial manager in Italy, 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 financial manager salary changes as you move through the career ladder.
- 0-2 Years50,540 EUR
- 2-5 Years+41% from previous71,020 EUR
- 5-10 Years+31% from previous93,120 EUR
- 10-15 Years+19% from previous111,240 EUR
- 15-20 Years+8% from previous119,900 EUR
- 20+ Years+5% from previous125,700 EUR
The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 41%. That is the point at which a financial manager 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.
Financial manager pay by education in Italy
Education sits alongside experience as one of the biggest factors driving financial manager pay in Italy. 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 financial manager salary in Italy broken down by the highest level of education a worker has completed.
- Certificate or Diploma61,780 EUR
- Bachelor's Degree+56% from previous96,340 EUR
- Master's Degree+41% from previous136,100 EUR
Financial manager gender pay gap in Italy
The gender pay gap is a stubborn feature of almost every labour market, and Italy is no exception. Male financial managers in Italy earn an average of 93,120 EUR a year, while female financial managers earn around 87,520 EUR. 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.
Financial Manager gender pay gap
6%
Men earn this much more than women on average in Italy.
Pay raises for a financial manager in Italy
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 Italy sees a raise of about 13% every 18 months, which works out to roughly 9% 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 Italy, the national average raise is around 8% every 17 months.
By industry
Industries with the highest pay raises in Italy:
- Banking
- Energy
- Information Technology
- Healthcare
- Travel
- Construction
- Education
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 Level3% - 5%
- Mid-Career
- Senior Level
- Top Management
Financial manager bonus rates in Italy
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.
82% of financial managers in Italy reported a bonus of some kind in the past twelve months. That makes a financial manager a high-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 8% of base salary. The remaining 18% of financial managers reported no bonus at all over the same period.
Which careers pay bonuses in Italy
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
Financial manager: public vs private sector pay
Public-sector pay in Italy is about 5% 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
5%
Public-sector workers earn this much more than private-sector workers in Italy on average.
Financial manager salary by city in Italy
Financial manager pay is not even across Italy. The chart below shows the highest-paying cities in the dataset, followed by the full location table.
- Rome (city)
- Milano (city)
- Napoli (city)
- Rome (city)
- Milano (city)
- Napoli (city)
- Torino (city)
- Palermo (city)
- Palermo (city)
- Torino (city)
| Location | Type | Average | Median | Range |
|---|---|---|---|---|
| Rome (city) | City | 96,160 EUR | 96,180 EUR | 46,980-150,000 EUR |
| Milano (city) | City | 93,100 EUR | 98,820 EUR | 44,140-148,300 EUR |
| Napoli (city) | City | 92,720 EUR | 92,400 EUR | 45,720-143,200 EUR |
| Rome (city) | City | 92,680 EUR | 96,600 EUR | 47,180-148,300 EUR |
| Milano (city) | City | 92,680 EUR | 94,900 EUR | 48,140-148,300 EUR |
| Napoli (city) | City | 91,520 EUR | 83,200 EUR | 48,560-137,400 EUR |
| Torino (city) | City | 90,620 EUR | 89,120 EUR | 47,580-138,800 EUR |
| Palermo (city) | City | 89,340 EUR | 84,740 EUR | 47,720-139,100 EUR |
| Palermo (city) | City | 88,240 EUR | 88,240 EUR | 43,080-136,200 EUR |
| Torino (city) | City | 88,020 EUR | 84,740 EUR | 47,120-136,200 EUR |
| Genova (city) | City | 87,940 EUR | 81,960 EUR | 46,880-136,200 EUR |
| Bologna (city) | City | 87,760 EUR | 94,940 EUR | 38,780-138,800 EUR |
| Catania (city) | City | 87,760 EUR | 90,540 EUR | 41,820-139,100 EUR |
| Genova (city) | City | 86,760 EUR | 88,020 EUR | 40,040-136,100 EUR |
| Bologna (city) | City | 85,080 EUR | 92,300 EUR | 36,720-134,600 EUR |
| Parma (city) | City | 83,420 EUR | 80,840 EUR | 42,040-125,700 EUR |
| Trieste (city) | City | 83,020 EUR | 72,740 EUR | 45,200-123,400 EUR |
| Trieste (city) | City | 80,800 EUR | 84,040 EUR | 40,140-127,700 EUR |
| Catania (city) | City | 80,280 EUR | 85,460 EUR | 41,700-129,000 EUR |
| Parma (city) | City | 78,620 EUR | 73,260 EUR | 44,180-118,200 EUR |
Financial Manager in Italy: FAQs
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How much does a financial manager make per month in Italy?
A financial manager in Italy earns about 7,440 EUR a month before tax, based on an annual average of 89,280 EUR.
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What's the salary range for a financial manager in Italy?
Entry-level financial managers in Italy start near 47,180 EUR. Top-end pay reaches around 136,200 EUR. The middle 50% of earners sit between 57,440 and 106,160 EUR.
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Is the median financial manager salary in Italy higher or lower than the average?
The median is 84,800 EUR, lower than the average of 89,280 EUR. Half of financial managers in Italy earn below the median, half earn above it.
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What's the gender pay gap for financial managers in Italy?
Men working as a financial manager in Italy earn around 6% more than women on average (93,120 vs 87,520 EUR a year).
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Do financial managers in Italy get bonuses?
About 82% of financial managers in Italy reported a bonus in the past 12 months. Reported bonuses ranged from 6% to 8% of base salary.
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Do financial managers earn more in the public or private sector in Italy?
In Italy, the public sector pays a financial manager about 5% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.
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How often do financial managers in Italy get a pay raise?
A financial manager in Italy sees a raise of around 13% every 18 months, equivalent to roughly 9% a year.