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Average Financial Reporting Manager Salary in Saudi Arabia for 2026

A financial reporting manager in Saudi Arabia earns about 261,300 SAR a year. That's 31% above the national average of 200,000 SAR.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Saudi Arabia sit around 139,100 SAR a year, while the very top stretches to 394,500 SAR. Everything on this page is in Saudi riyal (SAR, symbol ر.س), 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 Saudi Arabia, 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 reporting manager make in Saudi Arabia?

Average salary
261,300 SAR
21,775 SAR per month
Lowest reported
139,100 SAR
11,591 SAR per month
Highest reported
394,500 SAR
32,875 SAR per month

A typical financial reporting manager working in Saudi Arabia brings home around 21,775 SAR a month before tax. Entry-level pay starts near 139,100 SAR, and the top of the ladder reaches roughly 394,500 SAR 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 reporting 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.


How financial reporting manager pay ranges in Saudi Arabia

A good way to think about salary in Saudi Arabia is to look at the distribution rather than the headline average. Half of all financial reporting managers in Saudi Arabia earn less than 245,300 SAR 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 172,200 SAR (the 25th percentile), and a quarter clear 301,300 SAR (the 75th percentile). The middle 50% of financial reporting managers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 139,100 SAR. The highest stretch to 394,500 SAR, 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.

139,100
Low
245,300
Median
394,500
High
172,200
25th
301,300
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in SAR

Financial reporting manager pay by experience in Saudi Arabia

Years of experience is the single biggest lever on pay for a financial reporting manager in Saudi Arabia, 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 reporting manager salary changes as you move through the career ladder.

  • 0-2 Years
    159,100 SAR
  • 2-5 Years
    +22% from previous
    194,600 SAR
  • 5-10 Years
    +42% from previous
    275,800 SAR
  • 10-15 Years
    +16% from previous
    320,500 SAR
  • 15-20 Years
    +10% from previous
    353,600 SAR
  • 20+ Years
    +6% from previous
    375,200 SAR

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 42%. That is the point at which a financial reporting 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 reporting manager pay by education in Saudi Arabia

Education sits alongside experience as one of the biggest factors driving financial reporting manager pay in Saudi Arabia. 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 reporting manager salary in Saudi Arabia broken down by the highest level of education a worker has completed.

  • Certificate or Diploma
    194,600 SAR
  • Bachelor's Degree
    +28% from previous
    249,600 SAR
  • Master's Degree
    +45% from previous
    361,600 SAR

Financial reporting manager gender pay gap in Saudi Arabia

The gender pay gap is a stubborn feature of almost every labour market, and Saudi Arabia is no exception. Male financial reporting managers in Saudi Arabia earn an average of 273,300 SAR a year, while female financial reporting managers earn around 239,000 SAR. That works out to a 14% 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 Reporting Manager gender pay gap

13%

Men earn this much more than women on average in Saudi Arabia.

Men 273,300 SAR
Women 239,000 SAR

Pay raises for a financial reporting manager in Saudi Arabia

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 Saudi Arabia sees a raise of about 12% every 17 months, which works out to roughly 8% 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 Saudi Arabia, the national average raise is around 8% every 17 months.

By industry

Industries with the highest pay raises in Saudi Arabia:

  • Banking
    2%
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    1%
  • 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 Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Financial reporting manager bonus rates in Saudi Arabia

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.

77%

77% of financial reporting managers in Saudi Arabia reported a bonus of some kind in the past twelve months. That makes a financial reporting 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 23% of financial reporting managers reported no bonus at all over the same period.

Which careers pay bonuses in Saudi Arabia

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 reporting manager: public vs private sector pay

Public-sector pay in Saudi Arabia is about 8% 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

7%

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

Public sector 207,800 SAR
Private sector 192,600 SAR

Financial reporting manager salary by city in Saudi Arabia

Financial reporting manager pay is not even across Saudi Arabia. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Jeddah
  • Riyadh
  • Medina
  • Mecca
  • Dammam
  • Taif
  • Khubar
  • Tabuk
  • Abha
LocationTypeAverageMedianRange
JeddahCity292,000 SAR313,700 SAR136,100-466,300 SAR
RiyadhCity282,300 SAR301,300 SAR134,600-448,500 SAR
MedinaCity281,500 SAR263,900 SAR150,000-428,400 SAR
MeccaCity273,300 SAR249,600 SAR148,300-412,000 SAR
DammamCity263,200 SAR253,400 SAR137,400-399,900 SAR
TaifCity259,100 SAR252,300 SAR130,400-398,300 SAR
KhubarCity254,800 SAR275,800 SAR117,380-404,600 SAR
TabukCity252,300 SAR257,700 SAR125,100-394,300 SAR
AbhaCity249,600 SAR261,300 SAR119,700-394,800 SAR


Financial Reporting Manager in Saudi Arabia: FAQs

  • How much does a financial reporting manager make per month in Saudi Arabia?

    A financial reporting manager in Saudi Arabia earns about 21,775 SAR a month before tax, based on an annual average of 261,300 SAR.

  • What's the salary range for a financial reporting manager in Saudi Arabia?

    Entry-level financial reporting managers in Saudi Arabia start near 139,100 SAR. Top-end pay reaches around 394,500 SAR. The middle 50% of earners sit between 172,200 and 301,300 SAR.

  • Is the median financial reporting manager salary in Saudi Arabia higher or lower than the average?

    The median is 245,300 SAR, lower than the average of 261,300 SAR. Half of financial reporting managers in Saudi Arabia earn below the median, half earn above it.

  • What's the gender pay gap for financial reporting managers in Saudi Arabia?

    Men working as a financial reporting manager in Saudi Arabia earn around 14% more than women on average (273,300 vs 239,000 SAR a year).

  • Do financial reporting managers in Saudi Arabia get bonuses?

    About 77% of financial reporting managers in Saudi Arabia reported a bonus in the past 12 months. Reported bonuses ranged from 6% to 8% of base salary.

  • Do financial reporting managers earn more in the public or private sector in Saudi Arabia?

    In Saudi Arabia, the public sector pays a financial reporting manager about 8% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do financial reporting managers in Saudi Arabia get a pay raise?

    A financial reporting manager in Saudi Arabia sees a raise of around 12% every 17 months, equivalent to roughly 8% a year.