Average Vice President of Finance Salary in Iraq for 2026
In this article, we will look at the average Vice President of Finance salary for 2026 in Iraq 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 Iraqi dinar. To keep things simple, we are using the IQD currency code instead of the currency symbol ع.د.
How Much Does a Vice President of Finance Make in Iraq?
A Vice President of Finance working in Iraq will typically earn around 47,280,300 IQD per year, and this can range from the lowest average salary of about 24,119,700 IQD to the highest average salary of 72,840,900 IQD.
These are average salaries for a Vice President of Finance in Iraq 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 Iraq
So we've looked at the average salaries a Vice President of Finance will earn in Iraq. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Vice President of Finance can earn between 24,119,700 IQD and 72,840,900 IQD on average in Iraq. 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 Iraq is 46,319,900 IQD. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 46,319,900 IQD, and 50% of the population earn more than 46,319,900 IQD.
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 Iraq, 25% of the population are earning less than 31,678,800 IQD while 75% of the population earn more than 31,678,800 IQD.
75% of the population earn less than 58,441,700 IQD, and 25% of the population earn more than 58,441,700 IQD.
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 Iraq
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 Iraq that has less than two years of experience can expect to earn somewhere in the region of 27,001,700 IQD.
- 2 - 5 Years Experience. With two to five years of experience the average Vice President of Finance salary would increase to 35,279,300 IQD.
- 5 - 10 Years Experience. From five to ten years of experience as a Vice President of Finance, the average salary would be 49,438,400 IQD.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 59,398,900 IQD.
- 15 - 20 Years Experience. A Vice President of Finance with 15 to 20 years of experience can earn an average of 64,560,300 IQD.
- 20+ Years Experience. For a Vice President of Finance with more than 20 years, the expected average salary increases to 69,721,100 IQD.
Average Salary by Experience Chart
| 0-2 Years | - | 27,001,700 IQD |
| 2-5 Years | +31% | 35,279,300 IQD |
| 5-10 Years | +40% | 49,438,400 IQD |
| 10-15 Years | +20% | 59,398,900 IQD |
| 15-20 Years | +9% | 64,560,300 IQD |
| 20+ Years | +8% | 69,721,100 IQD |
Vice President of Finance Salary by Education Level in Iraq
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 Iraq 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 Iraq with a certificate or diploma education can earn an average salary of 30,961,800 IQD.
- Bachelor's Degree. A Vice President of Finance in Iraq with a bachelor's degree education can earn an average salary of 46,560,900 IQD.
- Master's Degree. A Vice President of Finance in Iraq with a master's degree education can earn an average salary of 69,001,000 IQD.
Average Salary by Education Chart
| Certificate or Diploma | - | 30,961,800 IQD |
| Bachelor's Degree | +50% | 46,560,900 IQD |
| Master's Degree | +48% | 69,001,000 IQD |
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 Iraq is around 10,200,000 to 30,700,000 IQD 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 Iraq, a male vice president of finance will earn an average of 51,959,300 IQD, while a female vice president of finance will earn around 43,198,900 IQD.
This means that a male vice president of finance earns approximately 20% more than a female vice president of finance for performing the same job.
Average Salary by Gender Chart in Iraq
| Male | - | 51,959,300 IQD |
| Female | -20% | 43,198,900 IQD |
Vice President of Finance Average Pay Raise in Iraq
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 Iraq is around 11% every 21 months.
The national average pay raise across all professions and industries in Iraq is around 7% every 20 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 ÷ 21 ) × 12 = 6%
What this means is that a Vice President of Finance in Iraq can expect to receive an average pay raise of around 6% every 12 months.
Annual Pay Raise by Industry in Iraq for 2026
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Iraq.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 4% |
| Energy | - | 8% |
| Information Technology | - | 3% |
| Healthcare | - | 7% |
| Travel | - | 2% |
| Construction | - | 6% |
| Education | - | 1% |
Vice President of Finance Bonus and Incentive Rates in Iraq
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 high bonus based job, with 77% of employees reporting at least one bonus in the last 12 months.
23% 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 6% to 8%.
| Received Bonus | - | 77% |
| No Bonus | - | 23% |
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 Iraq earn approximately 15% more than private sector employees in the same role.
| Public Sector | - | 26,399,200 IQD |
| Private Sector | -15% | 23,040,200 IQD |
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 Iraq.
| Job Title | Category | Salary |
|---|---|---|
| Account Examiner | Accounting and Finance | 14,038,300 IQD |
| Account Executive | Accounting and Finance | 21,961,700 IQD |
| Accountant | Accounting and Finance | 18,479,600 IQD |
| Accounting Analyst | Accounting and Finance | 21,599,000 IQD |
| Accounting Assistant | Accounting and Finance | 14,519,400 IQD |
| Accounting Associate | Accounting and Finance | 13,441,600 IQD |
| Accounting Clerk | Accounting and Finance | 10,943,000 IQD |
| Accounting Coordinator | Accounting and Finance | 16,918,700 IQD |
| Accounting Head | Accounting and Finance | 34,679,400 IQD |
| Accounting Manager | Accounting and Finance | 36,601,600 IQD |
| Accounting Officer | Accounting and Finance | 13,079,500 IQD |
| Accounting Specialist | Accounting and Finance | 24,000,900 IQD |
| Accounting Supervisor | Accounting and Finance | 25,801,200 IQD |
| Accounting Technician | Accounting and Finance | 12,481,200 IQD |
| Accounting Unit Controller | Accounting and Finance | 29,519,900 IQD |
| Accounts Executive | Accounting and Finance | 24,000,900 IQD |
| Accounts Officer | Accounting and Finance | 13,919,600 IQD |
| Accounts Payable Assistant | Accounting and Finance | 14,880,300 IQD |
| Accounts Payable Associate | Accounting and Finance | 17,039,100 IQD |
| Accounts Payable Clerk | Accounting and Finance | 12,841,200 IQD |
| Accounts Payable Manager | Accounting and Finance | 34,198,600 IQD |
| Accounts Payable and Receivable Specialist | Accounting and Finance | 17,640,500 IQD |
| Accounts Receivable Administrator | Accounting and Finance | 26,158,200 IQD |
| Accounts Receivable Clerk | Accounting and Finance | 12,958,200 IQD |
| Accounts Receivable Financial Analyst | Accounting and Finance | 24,359,000 IQD |
| Accounts Receivable Manager | Accounting and Finance | 33,961,700 IQD |
| Accounts Receivable Team Leader | Accounting and Finance | 26,759,500 IQD |
| Assistant Accountant | Accounting and Finance | 13,919,600 IQD |
| Assistant Accounting Manager | Accounting and Finance | 33,001,000 IQD |
| Assistant Auditor | Accounting and Finance | 18,479,600 IQD |
| Assistant Corporate Controller | Accounting and Finance | 24,718,600 IQD |
| Assistant Finance Manager | Accounting and Finance | 38,399,900 IQD |
| Assistant Financial Controller | Accounting and Finance | 24,718,600 IQD |
| Audit Director | Accounting and Finance | 42,601,100 IQD |
| Audit Supervisor | Accounting and Finance | 32,398,700 IQD |
| Auditing Clerk | Accounting and Finance | 13,919,600 IQD |
| Auditing Manager | Accounting and Finance | 37,318,700 IQD |
| Billing Clerk | Accounting and Finance | 13,679,300 IQD |
| Billing Coordinator | Accounting and Finance | 16,320,700 IQD |
| Billing Specialist | Accounting and Finance | 18,479,600 IQD |
| Billing Supervisor | Accounting and Finance | 27,721,300 IQD |
| Bookkeeper | Accounting and Finance | 11,953,700 IQD |
| Bookkeeping Specialist | Accounting and Finance | 17,039,100 IQD |
| Budget Analyst | Accounting and Finance | 31,320,700 IQD |
| Budget Manager | Accounting and Finance | 37,681,400 IQD |
| Business Support Analyst | Accounting and Finance | 20,878,800 IQD |
| Capital Markets Associate | Accounting and Finance | 28,200,200 IQD |
| Cash Flow Analyst | Accounting and Finance | 27,601,100 IQD |
| Cash Management Manager | Accounting and Finance | 36,240,700 IQD |
| Cash Management Officer | Accounting and Finance | 21,121,400 IQD |
| Cashbook Clerk | Accounting and Finance | 11,772,100 IQD |
| Chartered Accountant | Accounting and Finance | 23,520,800 IQD |
| Chief Accountant | Accounting and Finance | 26,639,300 IQD |
| Collections Clerk | Accounting and Finance | 11,425,300 IQD |
| Collections Representative | Accounting and Finance | 15,719,900 IQD |
| Collections Specialist | Accounting and Finance | 19,078,500 IQD |
| Corporate Controller | Accounting and Finance | 27,479,000 IQD |
| Corporate Treasurer | Accounting and Finance | 35,878,200 IQD |
| Cost Accountant | Accounting and Finance | 17,640,500 IQD |
| Cost Accounting Manager | Accounting and Finance | 37,318,700 IQD |
| Cost Accounting Supervisor | Accounting and Finance | 29,641,500 IQD |
| Cost Analyst | Accounting and Finance | 30,001,600 IQD |
| Credit Controller | Accounting and Finance | 25,919,400 IQD |
| Credit Manager | Accounting and Finance | 39,481,900 IQD |
| Credit and Collection Manager | Accounting and Finance | 36,480,500 IQD |
| Credit and Collection Staff | Accounting and Finance | 13,319,300 IQD |
| Credit and Loans Officer | Accounting and Finance | 13,679,300 IQD |
| Debt Adviser | Accounting and Finance | 29,041,200 IQD |
| Debt Collector | Accounting and Finance | 14,158,800 IQD |
| Debtors Clerk | Accounting and Finance | 12,841,200 IQD |
| Debtors Controller | Accounting and Finance | 13,079,500 IQD |
| Deputy CFO | Accounting and Finance | 50,281,100 IQD |
| Deputy Head of Finance | Accounting and Finance | 50,639,500 IQD |
| Derivative Trader | Accounting and Finance | 32,161,000 IQD |
| Director of Finance | Accounting and Finance | 53,879,800 IQD |
| Economist | Accounting and Finance | 41,520,800 IQD |
| Equity Analyst | Accounting and Finance | 32,038,500 IQD |
| Escrow Assistant | Accounting and Finance | 15,360,400 IQD |
| Executive Accountant | Accounting and Finance | 20,518,900 IQD |
| External Auditor | Accounting and Finance | 25,200,800 IQD |
| Finance Administrator | Accounting and Finance | 21,478,100 IQD |
| Finance Analyst | Accounting and Finance | 34,078,800 IQD |
| Finance Associate | Accounting and Finance | 16,079,800 IQD |
| Finance Director | Accounting and Finance | 54,600,600 IQD |
| Finance Executive | Accounting and Finance | 38,158,300 IQD |
| Finance Licensing Clerk | Accounting and Finance | 12,721,300 IQD |
| Finance Licensing Manager | Accounting and Finance | 33,841,700 IQD |
| Finance Licensing Specialist | Accounting and Finance | 19,200,400 IQD |
| Finance Manager | Accounting and Finance | 52,078,500 IQD |
| Finance Officer | Accounting and Finance | 16,918,700 IQD |
| Finance President | Accounting and Finance | 51,719,500 IQD |
| Finance Relationship Manager | Accounting and Finance | 41,520,800 IQD |
| Finance Release Analyst | Accounting and Finance | 20,760,500 IQD |
| Finance Specialist | Accounting and Finance | 30,841,400 IQD |
| Finance Team Leader | Accounting and Finance | 42,119,100 IQD |
| Financial Accountant | Accounting and Finance | 17,519,700 IQD |
| Financial Actuary | Accounting and Finance | 28,801,400 IQD |
| Financial Administrator | Accounting and Finance | 28,801,400 IQD |
| Financial Advisor | Accounting and Finance | 33,961,700 IQD |
| Financial Analyst | Accounting and Finance | 32,280,500 IQD |
| Financial Applications Specialist | Accounting and Finance | 22,081,800 IQD |
| Financial Assistant | Accounting and Finance | 14,280,500 IQD |
| Financial Associate | Accounting and Finance | 14,519,400 IQD |
| Financial Associate | Accounting and Finance | 17,879,000 IQD |
| Financial Claims Analyst | Accounting and Finance | 24,958,800 IQD |
| Financial Claims Manager | Accounting and Finance | 33,119,100 IQD |
| Financial Claims Supervisor | Accounting and Finance | 30,841,400 IQD |
| Financial Clerk | Accounting and Finance | 13,679,300 IQD |
| Financial Commercial Analyst | Accounting and Finance | 27,241,100 IQD |
| Financial Compliance Analyst | Accounting and Finance | 28,560,900 IQD |
| Financial Consultant | Accounting and Finance | 24,718,600 IQD |
| Financial Controller | Accounting and Finance | 28,318,900 IQD |
| Financial Controller | Accounting and Finance | 30,119,100 IQD |
| Financial Coordinator | Accounting and Finance | 16,679,800 IQD |
| Financial Customer Service Manager | Accounting and Finance | 31,440,200 IQD |
| Financial Dealer and Broker | Accounting and Finance | 19,321,100 IQD |
| Financial Director | Accounting and Finance | 51,238,900 IQD |
| Financial Encoder | Accounting and Finance | 15,001,200 IQD |
| Financial Manager | Accounting and Finance | 48,119,900 IQD |
| Financial Manager | Accounting and Finance | 49,198,300 IQD |
| Financial Operations Manager | Accounting and Finance | 43,921,700 IQD |
| Financial Policy Analyst | Accounting and Finance | 27,960,400 IQD |
| Financial Project Manager | Accounting and Finance | 38,760,100 IQD |
| Financial Quantitative Analyst | Accounting and Finance | 30,961,800 IQD |
| Financial Reporting Consultant | Accounting and Finance | 25,679,100 IQD |
| Financial Reporting Manager | Accounting and Finance | 34,441,600 IQD |
| Financial Section Head | Accounting and Finance | 36,001,200 IQD |
| Financial Services Manager | Accounting and Finance | 44,878,500 IQD |
| Financial Services Sales Agent | Accounting and Finance | 19,921,600 IQD |
| Fixed Assets Administrator | Accounting and Finance | 18,001,100 IQD |
| Forensic Accountant | Accounting and Finance | 20,999,200 IQD |
| Fraud Detection Supervisor | Accounting and Finance | 21,241,100 IQD |
| Fraud Prevention Manager | Accounting and Finance | 35,279,300 IQD |
| Fund Accountant | Accounting and Finance | 16,561,800 IQD |
| Grants Coordinator | Accounting and Finance | 13,798,900 IQD |
| Group Financial Manager | Accounting and Finance | 54,358,300 IQD |
| Internal Auditor | Accounting and Finance | 24,119,700 IQD |
| Internal Control Adviser | Accounting and Finance | 27,118,300 IQD |
| Internal Control Officer | Accounting and Finance | 15,118,700 IQD |
| International Tax Director | Accounting and Finance | 42,479,000 IQD |
| Inventory Accountant | Accounting and Finance | 18,479,600 IQD |
| Investment Advisor | Accounting and Finance | 46,680,900 IQD |
| Investment Analyst | Accounting and Finance | 34,561,900 IQD |
| Investment Associate | Accounting and Finance | 31,559,900 IQD |
| Investment Broker | Accounting and Finance | 29,399,100 IQD |
| Investment Fund Manager | Accounting and Finance | 42,119,100 IQD |
| Investment Operations Manager | Accounting and Finance | 39,241,100 IQD |
| Investment Underwriter | Accounting and Finance | 16,079,800 IQD |
| Investor | Accounting and Finance | 23,399,000 IQD |
| Investor Relations Manager | Accounting and Finance | 36,480,500 IQD |
| KYC Team Leader | Accounting and Finance | 36,601,600 IQD |
| Loan Processor | Accounting and Finance | 14,880,300 IQD |
| Management Accountant | Accounting and Finance | 20,038,100 IQD |
| Management Economist | Accounting and Finance | 42,239,100 IQD |
| Paymaster | Accounting and Finance | 15,238,200 IQD |
| Payroll Administrator | Accounting and Finance | 23,399,000 IQD |
| Payroll Benefits Coordinator | Accounting and Finance | 19,078,500 IQD |
| Payroll Billing Manager | Accounting and Finance | 31,559,900 IQD |
| Payroll Clerk | Accounting and Finance | 15,599,800 IQD |
| Payroll Manager | Accounting and Finance | 32,758,100 IQD |
| Payroll Officer | Accounting and Finance | 15,118,700 IQD |
| Payroll Specialist | Accounting and Finance | 18,121,700 IQD |
| Payroll Supervisor | Accounting and Finance | 22,918,100 IQD |
| Pensions Administrator | Accounting and Finance | 19,200,400 IQD |
| Personal Financial Advisor | Accounting and Finance | 26,759,500 IQD |
| Pricing Analyst | Accounting and Finance | 29,641,500 IQD |
| Private Equity Analyst | Accounting and Finance | 33,001,000 IQD |
| Project Accountant | Accounting and Finance | 20,159,800 IQD |
| Proposal Development Coordinator | Accounting and Finance | 16,079,800 IQD |
| Receivables Accountant | Accounting and Finance | 16,320,700 IQD |
| Regulatory Accountant | Accounting and Finance | 19,558,300 IQD |
| Retirement Plan Analyst | Accounting and Finance | 27,479,000 IQD |
| Revenue Management Specialist | Accounting and Finance | 28,679,900 IQD |
| Revenue Recognition Analyst | Accounting and Finance | 33,360,800 IQD |
| Risk Management Director | Accounting and Finance | 43,680,700 IQD |
| Risk Management Supervisor | Accounting and Finance | 36,001,200 IQD |
| Staff Accountant | Accounting and Finance | 18,001,100 IQD |
| Tax Accountant | Accounting and Finance | 17,159,700 IQD |
| Tax Administrator | Accounting and Finance | 19,921,600 IQD |
| Tax Advisor | Accounting and Finance | 28,200,200 IQD |
| Tax Analyst | Accounting and Finance | 28,318,900 IQD |
| Tax Associate | Accounting and Finance | 15,480,300 IQD |
| Tax Consultant | Accounting and Finance | 29,641,500 IQD |
| Tax Director | Accounting and Finance | 43,198,900 IQD |
| Tax Examiner | Accounting and Finance | 19,921,600 IQD |
| Tax Manager | Accounting and Finance | 37,318,700 IQD |
| Tax Research Manager | Accounting and Finance | 37,441,100 IQD |
| Teller | Accounting and Finance | 10,943,000 IQD |
| Treasury Accountant | Accounting and Finance | 18,840,100 IQD |
| Treasury Analyst | Accounting and Finance | 28,919,800 IQD |
| Underwriter | Accounting and Finance | 13,199,100 IQD |
| Underwriting Assistant | Accounting and Finance | 12,361,500 IQD |
Salary Comparison by City
If you want to compare salaries with different cities in Iraq, you can use the links below to explore the data for each specific city we have researched.
| City | Average Salary |
|---|---|
| Al-Basrah | 53,879,800 IQD |
| Al-Mawsil | 42,601,100 IQD |
| An-Najaf | 50,281,100 IQD |
| Baghdad | 53,639,100 IQD |
| Irbil | 49,561,800 IQD |
| Kirkuk | 44,760,700 IQD |
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