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Average Financial Reporting Manager Salary in Singapore for 2026

A financial reporting manager in Singapore earns about 125,100 SGD a year. That's 21% above the national average of 103,200 SGD.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Singapore sit around 58,000 SGD a year, while the very top stretches to 194,600 SGD. Everything on this page is in Singapore dollar (SGD, 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 Singapore, 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 Singapore?

Average salary
125,100 SGD
10,425 SGD per month
Lowest reported
58,000 SGD
4,833 SGD per month
Highest reported
194,600 SGD
16,216 SGD per month

A typical financial reporting manager working in Singapore brings home around 10,425 SGD a month before tax. Entry-level pay starts near 58,000 SGD, and the top of the ladder reaches roughly 194,600 SGD 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 Singapore

A good way to think about salary in Singapore is to look at the distribution rather than the headline average. Half of all financial reporting managers in Singapore earn less than 129,000 SGD 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 85,020 SGD (the 25th percentile), and a quarter clear 167,100 SGD (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 58,000 SGD. The highest stretch to 194,600 SGD, 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.

58,000
Low
129,000
Median
194,600
High
85,020
25th
167,100
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in SGD

Financial reporting manager pay by experience in Singapore

Years of experience is the single biggest lever on pay for a financial reporting manager in Singapore, 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
    67,800 SGD
  • 2-5 Years
    +47% from previous
    99,340 SGD
  • 5-10 Years
    +29% from previous
    128,500 SGD
  • 10-15 Years
    +24% from previous
    159,400 SGD
  • 15-20 Years
    +6% from previous
    169,000 SGD
  • 20+ Years
    +11% from previous
    187,500 SGD

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 47%. 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 Singapore

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

  • Certificate or Diploma
    87,000 SGD
  • Bachelor's Degree
    +60% from previous
    139,100 SGD
  • Master's Degree
    +32% from previous
    183,700 SGD

Financial reporting manager gender pay gap in Singapore

The gender pay gap is a stubborn feature of almost every labour market, and Singapore is no exception. Male financial reporting managers in Singapore earn an average of 125,700 SGD a year, while female financial reporting managers earn around 119,900 SGD. That works out to a 5% 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

5%

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

Men 125,700 SGD
Women 119,900 SGD

Pay raises for a financial reporting manager in Singapore

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 Singapore sees a raise of about 12% every 15 months, which works out to roughly 10% 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 Singapore, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in Singapore:

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

Financial reporting manager bonus rates in Singapore

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.

84%

84% of financial reporting managers in Singapore 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 5% to 9% of base salary. The remaining 16% of financial reporting managers reported no bonus at all over the same period.

Which careers pay bonuses in Singapore

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 Singapore 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 Singapore on average.

Public sector 103,440 SGD
Private sector 98,540 SGD


Financial Reporting Manager in Singapore: FAQs

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

    A financial reporting manager in Singapore earns about 10,425 SGD a month before tax, based on an annual average of 125,100 SGD.

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

    Entry-level financial reporting managers in Singapore start near 58,000 SGD. Top-end pay reaches around 194,600 SGD. The middle 50% of earners sit between 85,020 and 167,100 SGD.

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

    The median is 129,000 SGD, higher than the average of 125,100 SGD. Half of financial reporting managers in Singapore earn below the median, half earn above it.

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

    Men working as a financial reporting manager in Singapore earn around 5% more than women on average (125,700 vs 119,900 SGD a year).

  • Do financial reporting managers in Singapore get bonuses?

    About 84% of financial reporting managers in Singapore reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 9% of base salary.

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

    In Singapore, the public sector pays a financial reporting manager about 5% 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 Singapore get a pay raise?

    A financial reporting manager in Singapore sees a raise of around 12% every 15 months, equivalent to roughly 10% a year.