Average Vice President of Finance Salary in Cambodia for 2024

In this article, we will look at the average Vice President of Finance salary for 2024 in Cambodia 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 Cambodian riel. To keep things simple, we are using the KHR currency code instead of the currency symbol αŸ›.

How Much Does a Vice President of Finance Make in Cambodia?

A Vice President of Finance working in Cambodia will typically earn around 78,121,700 KHR per year, and this can range from the lowest average salary of about 36,001,200 KHR to the highest average salary of 124,799,100 KHR.

Average Annual Salary
78,121,700 KHR
Average Monthly Salary
6,510,141 KHR

Lowest Annual Salary
36,001,200 KHR
Lowest Monthly Salary
3,000,100 KHR

Highest Annual Salary
124,799,100 KHR
Highest Monthly Salary
10,399,925 KHR

These are average salaries for a Vice President of Finance in Cambodia and include benefits such as housing and transport. It's also possible for a Vice President of Finance to earn more or less than the average salaries shown above.

Vice President of Finance 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 Vice President of Finance Salaries in Cambodia

So we've looked at the average salaries a Vice President of Finance will earn in Cambodia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Vice President of Finance can earn between 36,001,200 KHR and 124,799,100 KHR on average in Cambodia. 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 Vice President of Finance in Cambodia is 84,479,000 KHR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 84,479,000 KHR, and 50% of the population earn more than 84,479,000 KHR.

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 Vice President of Finance salary in Cambodia, 25% of the population are earning less than 54,118,500 KHR while 75% of the population earn more than 54,118,500 KHR.

75% of the population earn less than 112,679,000 KHR, and 25% of the population earn more than 112,679,000 KHR.

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.

Vice President of Finance Salary by Experience Level in Cambodia

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 vice president of finance 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 Vice President of Finance in Cambodia that has less than two years of experience can expect to earn somewhere in the region of 40,799,600 KHR.
  • 2 - 5 Years Experience. With two to five years of experience the average Vice President of Finance salary would increase to 54,479,300 KHR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Vice President of Finance, the average salary would be 80,520,300 KHR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 98,281,900 KHR.
  • 15 - 20 Years Experience. A Vice President of Finance with 15 to 20 years of experience can earn an average of 107,039,100 KHR.
  • 20+ Years Experience. For a Vice President of Finance with more than 20 years, the expected average salary increases to 115,918,500 KHR.

Average Salary by Experience Chart

0-2 Years
40,799,600 KHR
2-5 Years +34%
54,479,300 KHR
5-10 Years +48%
80,520,300 KHR
10-15 Years +22%
98,281,900 KHR
15-20 Years +9%
107,039,100 KHR
20+ Years +8%
115,918,500 KHR

Vice President of Finance Salary by Education Level in Cambodia

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 Vice President of Finance in Cambodia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Vice President of Finance in Cambodia with a certificate or diploma education can earn an average salary of 46,560,900 KHR.

  • Bachelor's Degree. A Vice President of Finance in Cambodia with a bachelor's degree education can earn an average salary of 73,081,700 KHR.

  • Master's Degree. A Vice President of Finance in Cambodia with a master's degree education can earn an average salary of 122,398,700 KHR.

Average Salary by Education Chart

Certificate or Diploma
46,560,900 KHR
Bachelor's Degree +57%
73,081,700 KHR
Master's Degree +68%
122,398,700 KHR

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 Cambodia is around 16,600,000 to 49,700,000 KHR 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.

Vice President of Finance 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 Cambodia, a male vice president of finance will earn an average of 84,001,900 KHR, while a female vice president of finance will earn around 72,361,800 KHR.

This means that a male vice president of finance earns approximately 16% more than a female vice president of finance for performing the same job.

Average Salary by Gender Chart in Cambodia

Male
84,001,900 KHR
Female -16%
72,361,800 KHR

Vice President of Finance Average Pay Raise in Cambodia

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 Vice President of Finance in Cambodia is around 10% every 29 months.

The national average pay raise across all professions and industries in Cambodia is around 5% every 28 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 = ( 10 ÷ 29 ) × 12  = 4%

What this means is that a Vice President of Finance in Cambodia can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Cambodia for 2024

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

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

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

Vice President of Finance Bonus and Incentive Rates in Cambodia

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 Vice President of Finance is a moderate bonus based job, with 68% of employees reporting at least one bonus in the last 12 months.

32% 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 5% to 9%.

Received Bonus
68%
No Bonus
32%

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 Cambodia earn approximately 25% more than private sector employees in the same role.

Public Sector
44,161,600 KHR
Private Sector -25%
35,398,900 KHR

Salaries for Jobs Similar to a Vice President of Finance

In the table below, we have salary information for jobs that are similar to a Vice President of Finance in Cambodia.

Job Title Category Salary
Account Examiner Accounting and Finance 20,999,200 KHR
Account Executive Accounting and Finance 34,679,400 KHR
Accountant Accounting and Finance 27,001,700 KHR
Accounting Analyst Accounting and Finance 34,919,600 KHR
Accounting Assistant Accounting and Finance 21,961,700 KHR
Accounting Associate Accounting and Finance 20,159,800 KHR
Accounting Clerk Accounting and Finance 17,159,700 KHR
Accounting Coordinator Accounting and Finance 25,200,800 KHR
Accounting Head Accounting and Finance 54,840,400 KHR
Accounting Manager Accounting and Finance 59,158,300 KHR
Accounting Officer Accounting and Finance 21,841,900 KHR
Accounting Specialist Accounting and Finance 37,441,100 KHR
Accounting Supervisor Accounting and Finance 37,318,700 KHR
Accounting Technician Accounting and Finance 19,921,600 KHR
Accounting Unit Controller Accounting and Finance 49,198,300 KHR
Accounts Executive Accounting and Finance 34,799,800 KHR
Accounts Officer Accounting and Finance 22,441,700 KHR
Accounts Payable and Receivable Specialist Accounting and Finance 27,960,400 KHR
Accounts Payable Assistant Accounting and Finance 22,558,900 KHR
Accounts Payable Associate Accounting and Finance 26,399,200 KHR
Accounts Payable Clerk Accounting and Finance 21,478,100 KHR
Accounts Payable Manager Accounting and Finance 53,398,300 KHR
Accounts Receivable Administrator Accounting and Finance 41,158,900 KHR
Accounts Receivable Clerk Accounting and Finance 20,878,800 KHR
Accounts Receivable Financial Analyst Accounting and Finance 37,919,200 KHR
Accounts Receivable Manager Accounting and Finance 56,520,500 KHR
Accounts Receivable Team Leader Accounting and Finance 41,158,900 KHR
Assistant Accountant Accounting and Finance 20,639,100 KHR
Assistant Accounting Manager Accounting and Finance 50,759,100 KHR
Assistant Auditor Accounting and Finance 29,278,200 KHR
Assistant Corporate Controller Accounting and Finance 39,718,900 KHR
Assistant Finance Manager Accounting and Finance 57,479,000 KHR
Assistant Financial Controller Accounting and Finance 38,281,500 KHR
Audit Director Accounting and Finance 63,120,600 KHR
Audit Supervisor Accounting and Finance 52,078,500 KHR
Auditing Clerk Accounting and Finance 22,441,700 KHR
Auditing Manager Accounting and Finance 56,041,700 KHR
Billing Clerk Accounting and Finance 21,478,100 KHR
Billing Coordinator Accounting and Finance 26,520,600 KHR
Billing Specialist Accounting and Finance 29,519,900 KHR
Billing Supervisor Accounting and Finance 41,520,800 KHR
Bookkeeper Accounting and Finance 18,598,500 KHR
Bookkeeping Specialist Accounting and Finance 27,118,300 KHR
Budget Analyst Accounting and Finance 50,281,100 KHR
Budget Manager Accounting and Finance 56,401,100 KHR
Business Support Analyst Accounting and Finance 33,001,000 KHR
Capital Markets Associate Accounting and Finance 41,878,100 KHR
Cash Flow Analyst Accounting and Finance 42,839,200 KHR
Cash Management Manager Accounting and Finance 58,199,900 KHR
Cash Management Officer Accounting and Finance 31,678,800 KHR
Cashbook Clerk Accounting and Finance 20,038,100 KHR
Chartered Accountant Accounting and Finance 36,480,500 KHR
Chief Accountant Accounting and Finance 40,079,600 KHR
Collections Clerk Accounting and Finance 16,679,800 KHR
Collections Representative Accounting and Finance 23,638,700 KHR
Collections Specialist Accounting and Finance 28,679,900 KHR
Corporate Controller Accounting and Finance 45,478,500 KHR
Corporate Treasurer Accounting and Finance 53,639,100 KHR
Cost Accountant Accounting and Finance 28,200,200 KHR
Cost Accounting Manager Accounting and Finance 57,841,700 KHR
Cost Accounting Supervisor Accounting and Finance 46,921,300 KHR
Cost Analyst Accounting and Finance 43,438,200 KHR
Credit and Collection Manager Accounting and Finance 54,719,600 KHR
Credit and Collection Staff Accounting and Finance 21,478,100 KHR
Credit and Loans Officer Accounting and Finance 20,400,600 KHR
Credit Controller Accounting and Finance 39,718,900 KHR
Credit Manager Accounting and Finance 61,080,900 KHR
Debt Adviser Accounting and Finance 45,239,100 KHR
Debt Collector Accounting and Finance 22,799,000 KHR
Debtors Clerk Accounting and Finance 18,958,500 KHR
Debtors Controller Accounting and Finance 21,841,900 KHR
Deputy CFO Accounting and Finance 80,640,500 KHR
Deputy Head of Finance Accounting and Finance 78,479,700 KHR
Derivative Trader Accounting and Finance 46,560,900 KHR
Director of Finance Accounting and Finance 79,921,300 KHR
Economist Accounting and Finance 69,001,000 KHR
Equity Analyst Accounting and Finance 51,361,500 KHR
Escrow Assistant Accounting and Finance 24,599,500 KHR
Executive Accountant Accounting and Finance 32,519,500 KHR
External Auditor Accounting and Finance 39,241,100 KHR
Finance Administrator Accounting and Finance 31,919,300 KHR
Finance Analyst Accounting and Finance 50,519,600 KHR
Finance Associate Accounting and Finance 24,599,500 KHR
Finance Director Accounting and Finance 86,519,600 KHR
Finance Executive Accounting and Finance 59,398,900 KHR
Finance Licensing Clerk Accounting and Finance 19,678,200 KHR
Finance Licensing Manager Accounting and Finance 53,879,800 KHR
Finance Licensing Specialist Accounting and Finance 31,678,800 KHR
Finance Manager Accounting and Finance 77,159,200 KHR
Finance Officer Accounting and Finance 27,001,700 KHR
Finance President Accounting and Finance 81,600,600 KHR
Finance Relationship Manager Accounting and Finance 63,120,600 KHR
Finance Release Analyst Accounting and Finance 32,280,500 KHR
Finance Specialist Accounting and Finance 47,280,300 KHR
Finance Team Leader Accounting and Finance 63,120,600 KHR
Financial Accountant Accounting and Finance 29,278,200 KHR
Financial Actuary Accounting and Finance 41,158,900 KHR
Financial Administrator Accounting and Finance 47,038,300 KHR
Financial Advisor Accounting and Finance 53,639,100 KHR
Financial Analyst Accounting and Finance 51,959,300 KHR
Financial Applications Specialist Accounting and Finance 34,441,600 KHR
Financial Assistant Accounting and Finance 23,040,200 KHR
Financial Associate Accounting and Finance 23,759,100 KHR
Financial Associate Accounting and Finance 26,520,600 KHR
Financial Claims Analyst Accounting and Finance 36,240,700 KHR
Financial Claims Manager Accounting and Finance 49,678,100 KHR
Financial Claims Supervisor Accounting and Finance 47,880,300 KHR
Financial Clerk Accounting and Finance 22,558,900 KHR
Financial Commercial Analyst Accounting and Finance 39,960,800 KHR
Financial Compliance Analyst Accounting and Finance 46,080,100 KHR
Financial Consultant Accounting and Finance 38,281,500 KHR
Financial Controller Accounting and Finance 45,599,600 KHR
Financial Controller Accounting and Finance 47,038,300 KHR
Financial Coordinator Accounting and Finance 25,561,400 KHR
Financial Customer Service Manager Accounting and Finance 50,281,100 KHR
Financial Dealer and Broker Accounting and Finance 30,001,600 KHR
Financial Director Accounting and Finance 80,881,800 KHR
Financial Encoder Accounting and Finance 24,958,800 KHR
Financial Manager Accounting and Finance 75,239,300 KHR
Financial Manager Accounting and Finance 79,319,400 KHR
Financial Operations Manager Accounting and Finance 71,878,800 KHR
Financial Policy Analyst Accounting and Finance 44,398,300 KHR
Financial Project Manager Accounting and Finance 59,999,100 KHR
Financial Quantitative Analyst Accounting and Finance 47,519,800 KHR
Financial Reporting Consultant Accounting and Finance 39,119,300 KHR
Financial Reporting Manager Accounting and Finance 54,719,600 KHR
Financial Section Head Accounting and Finance 51,479,800 KHR
Financial Services Manager Accounting and Finance 74,758,600 KHR
Financial Services Sales Agent Accounting and Finance 29,641,500 KHR
Fixed Assets Administrator Accounting and Finance 29,399,100 KHR
Forensic Accountant Accounting and Finance 31,919,300 KHR
Fraud Detection Supervisor Accounting and Finance 35,159,900 KHR
Fraud Prevention Manager Accounting and Finance 60,239,600 KHR
Fund Accountant Accounting and Finance 26,520,600 KHR
Grants Coordinator Accounting and Finance 20,760,500 KHR
Group Financial Manager Accounting and Finance 84,121,400 KHR
Internal Auditor Accounting and Finance 38,760,100 KHR
Internal Control Adviser Accounting and Finance 44,878,500 KHR
Internal Control Officer Accounting and Finance 25,679,100 KHR
International Tax Director Accounting and Finance 67,681,200 KHR
Inventory Accountant Accounting and Finance 29,399,100 KHR
Investment Advisor Accounting and Finance 76,921,100 KHR
Investment Analyst Accounting and Finance 53,278,500 KHR
Investment Associate Accounting and Finance 45,239,100 KHR
Investment Broker Accounting and Finance 46,921,300 KHR
Investment Fund Manager Accounting and Finance 62,400,200 KHR
Investment Operations Manager Accounting and Finance 64,681,900 KHR
Investment Underwriter Accounting and Finance 24,599,500 KHR
Investor Accounting and Finance 37,078,800 KHR
Investor Relations Manager Accounting and Finance 54,118,500 KHR
KYC Team Leader Accounting and Finance 55,318,200 KHR
Loan Processor Accounting and Finance 24,119,700 KHR
Management Accountant Accounting and Finance 30,841,400 KHR
Management Economist Accounting and Finance 62,760,700 KHR
Paymaster Accounting and Finance 22,321,900 KHR
Payroll Administrator Accounting and Finance 36,121,000 KHR
Payroll Benefits Coordinator Accounting and Finance 30,721,900 KHR
Payroll Billing Manager Accounting and Finance 52,681,700 KHR
Payroll Clerk Accounting and Finance 24,718,600 KHR
Payroll Manager Accounting and Finance 53,759,200 KHR
Payroll Officer Accounting and Finance 23,520,800 KHR
Payroll Specialist Accounting and Finance 29,278,200 KHR
Payroll Supervisor Accounting and Finance 35,159,900 KHR
Pensions Administrator Accounting and Finance 28,560,900 KHR
Personal Financial Advisor Accounting and Finance 42,119,100 KHR
Pricing Analyst Accounting and Finance 48,721,100 KHR
Private Equity Analyst Accounting and Finance 50,039,800 KHR
Project Accountant Accounting and Finance 30,479,000 KHR
Proposal Development Coordinator Accounting and Finance 24,000,900 KHR
Receivables Accountant Accounting and Finance 25,079,200 KHR
Regulatory Accountant Accounting and Finance 31,440,200 KHR
Retirement Plan Analyst Accounting and Finance 45,478,500 KHR
Revenue Management Specialist Accounting and Finance 48,961,500 KHR
Revenue Recognition Analyst Accounting and Finance 54,239,900 KHR
Risk Management Director Accounting and Finance 69,241,100 KHR
Risk Management Supervisor Accounting and Finance 53,398,300 KHR
Staff Accountant Accounting and Finance 25,801,200 KHR
Tax Accountant Accounting and Finance 25,679,100 KHR
Tax Administrator Accounting and Finance 29,881,100 KHR
Tax Advisor Accounting and Finance 43,800,600 KHR
Tax Analyst Accounting and Finance 41,040,700 KHR
Tax Associate Accounting and Finance 24,000,900 KHR
Tax Consultant Accounting and Finance 44,398,300 KHR
Tax Director Accounting and Finance 66,841,000 KHR
Tax Examiner Accounting and Finance 30,240,200 KHR
Tax Manager Accounting and Finance 57,239,200 KHR
Tax Research Manager Accounting and Finance 59,281,600 KHR
Teller Accounting and Finance 16,198,300 KHR
Treasury Accountant Accounting and Finance 29,519,900 KHR
Treasury Analyst Accounting and Finance 48,239,000 KHR
Underwriter Accounting and Finance 20,400,600 KHR
Underwriting Assistant Accounting and Finance 18,001,100 KHR

Salary Comparison by City

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

City Average Salary
Phnom Penh 84,718,900 KHR

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