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Financial Manager Average Salary in Japan 2024

How much money does a person working as Financial Manager make in Japan?


Average Monthly Salary
1,050,000 JPY
( 12,700,000 JPY yearly)

LOW
570,000
JPY
AVERAGE
1,050,000
JPY
HIGH
1,590,000
JPY
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Financial Manager in Japan typically earns around 1,050,000 JPY. Salaries range from 570,000 JPY (lowest) to 1,590,000 JPY (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Financial Manager salaries in Japan vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Financial Manager Pay Scale and Salaries in Japan

Median and salary distribution Japan Financial Manager monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
940,000 JPY or more
10% of people earn
842,000 to 940,000 JPY
20% of people earn
625,000 JPY or less
65% of people earn
625,000 to 842,000 JPY
Minimum Salary
570,000
JPY
Median
943,000
JPY
Maximum
1,590,000
JPY




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Financial Manager in Japan range from 570,000 JPY (starting salary) to 1,590,000 JPY (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 943,000 JPY, half of the professionals who work as Financial Manager in Japan earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Financial Manager in Japan earn less than 789,000 JPY, while 75% earn more. Similarly, the chart shows that 75% earn less than 1,060,000 JPY while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Financial Manager in Japan compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 625,000 JPY to 842,000 JPY. About 20% of salaries are below the 625,000 JPY mark, while 10% fall within the range of 842,000 JPY to 940,000 JPY. Only 5% of individuals have salaries exceeding 940,000 JPY.

Salary Comparison by Years of Experience / Financial Manager / Japan

How do experience and age affect pay?

0 - 2 Years
662,000 JPY
2 - 5 Years+26%
836,000 JPY
5 - 10 Years+32%
1,100,000 JPY
10 - 15 Years+18%
1,300,000 JPY
15 - 20 Years+11%
1,430,000 JPY
20+ Years+6%
1,530,000 JPY
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Japan Financial Manager
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Financial Manager and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 662,000 JPY.

While someone with an experience level between two and five years is expected to earn 836,000 JPY, 26% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 1,100,000 JPY, 32% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,300,000 JPY, 18% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 1,430,000 JPY, 11% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 1,530,000 JPY, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Financial Manager / Japan

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Financial Manager.

Certificate or Diploma
836,000 JPY
Bachelor's Degree+32%
1,100,000 JPY
Master's Degree+37%
1,510,000 JPY
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Japan Financial Manager
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Financial Manager in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 836,000 JPY.


Level 2: Bachelor's Degree

At this level, the average salary becomes 1,100,000 JPY, 32% more than the previous level.


Level 3: Master's Degree

At this level, the average salary becomes 1,510,000 JPY, 37% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Japan costs anywhere from 2,580,000 JPY to 7,750,000 JPY and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Financial Manager / Japan

Salary comparison by gender Japan Financial Manager monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Financial Manager in Japan, the average difference between the salary of male and female employees is 5%.

Male
1,080,000 JPY
Female-5%
1,030,000 JPY
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Japan for all Careers

Salary comparison by gender monthly Japan
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Average Annual Salary Increment Percentage / Financial Manager / Japan

How much are annual salary increments in Japan for individuals working as Financial Manager? How often do employees get salary raises?

Individuals working as Financial Manager in Japan are likely to observe a salary increase of approximately 13% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate Japan Financial Manager
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Japan / All Professions

Annual Salary Increment Rate Japan
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Japan is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Financial Manager / Japan

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Japan Financial Manager
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19% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 81% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 7% of their annual salary.

Received Bonus
81%
No Bonus
19%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Financial Manager / Japan


6,090 JPY per hour

The average hourly wage (pay per hour) for individuals working as Financial Manager in Japan is 6,090 JPY.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Financial Manager in Japan is 3,290 JPY. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Accounting and Finance-100%
Account Examiner273,000 JPY-74%
Account Executive489,000 JPY-54%
Accountant381,000 JPY-64%
Accounting Analyst464,000 JPY-56%
Accounting Assistant300,000 JPY-72%
Accounting Associate281,000 JPY-73%
Accounting Clerk228,000 JPY-78%
Accounting Coordinator327,000 JPY-69%
Accounting Head774,000 JPY-27%
Accounting Manager766,000 JPY-27%
Accounting Officer282,000 JPY-73%
Accounting Specialist519,000 JPY-51%
Accounting Supervisor544,000 JPY-48%
Accounting Technician257,000 JPY-76%
Accounting Unit Controller636,000 JPY-40%
Accounts Executive464,000 JPY-56%
Accounts Officer302,000 JPY-71%
Accounts Payable and Receivable Specialist399,000 JPY-62%
Accounts Payable Assistant298,000 JPY-72%
Accounts Payable Associate357,000 JPY-66%
Accounts Payable Clerk270,000 JPY-74%
Accounts Payable Manager722,000 JPY-32%
Accounts Receivable Administrator554,000 JPY-47%
Accounts Receivable Clerk274,000 JPY-74%
Accounts Receivable Financial Analyst513,000 JPY-51%
Accounts Receivable Manager721,000 JPY-32%
Accounts Receivable Team Leader567,000 JPY-46%
Algorithmic Trading Specialist691,000 JPY-34%
Assistant Accountant294,000 JPY-72%
Assistant Accounting Manager735,000 JPY-30%
Assistant Auditor359,000 JPY-66%
Assistant Corporate Controller503,000 JPY-52%
Assistant Finance Manager793,000 JPY-25%
Assistant Financial Controller500,000 JPY-53%
Audit Director832,000 JPY-21%
Audit Supervisor702,000 JPY-33%
Auditing Clerk302,000 JPY-71%
Auditing Manager822,000 JPY-22%
Billing Clerk289,000 JPY-73%
Billing Coordinator347,000 JPY-67%
Billing Specialist404,000 JPY-62%
Billing Supervisor558,000 JPY-47%
Bookkeeper242,000 JPY-77%
Bookkeeping Specialist350,000 JPY-67%
Budget Analyst637,000 JPY-40%
Budget Manager768,000 JPY-27%
Business Support Analyst405,000 JPY-62%
Capital Markets Associate559,000 JPY-47%
Cash Flow Analyst566,000 JPY-46%
Cash Management Manager747,000 JPY-29%
Cash Management Officer437,000 JPY-59%
Cashbook Clerk257,000 JPY-76%
Chartered Accountant489,000 JPY-54%
Chief Accountant587,000 JPY-44%
Chief Financial Technology Officer768,000 JPY-27%
Collections Clerk231,000 JPY-78%
Collections Representative318,000 JPY-70%
Collections Specialist366,000 JPY-65%
Corporate Controller597,000 JPY-43%
Corporate Treasurer686,000 JPY-35%
Cost Accountant391,000 JPY-63%
Cost Accounting Manager718,000 JPY-32%
Cost Accounting Supervisor629,000 JPY-40%
Cost Analyst580,000 JPY-45%
Credit and Collection Manager744,000 JPY-29%
Credit and Collection Staff282,000 JPY-73%
Credit and Loans Officer265,000 JPY-75%
Credit Controller515,000 JPY-51%
Credit Manager769,000 JPY-27%
Debt Adviser619,000 JPY-41%
Debt Collector304,000 JPY-71%
Debtors Clerk250,000 JPY-76%
Debtors Controller282,000 JPY-73%
Deputy CFO1,040,000 JPY-1%
Deputy Head of Finance1,050,000 JPY-0%
Derivative Trader678,000 JPY-36%
Director of Finance1,140,000 JPY+8%
E-commerce Accountant379,000 JPY-64%
Economist904,000 JPY-14%
Equity Analyst643,000 JPY-39%
Escrow Assistant332,000 JPY-69%
Executive Accountant430,000 JPY-59%
External Auditor504,000 JPY-52%
Finance Administrator458,000 JPY-57%
Finance Analyst683,000 JPY-35%
Finance Associate344,000 JPY-67%
Finance Data Analyst625,000 JPY-41%
Finance Director1,060,000 JPY+0%
Finance Executive764,000 JPY-28%
Finance Licensing Clerk284,000 JPY-73%
Finance Licensing Manager685,000 JPY-35%
Finance Licensing Specialist391,000 JPY-63%
Finance Manager1,020,000 JPY-3%
Finance Officer342,000 JPY-68%
Finance President1,070,000 JPY+1%
Finance Relationship Manager887,000 JPY-16%
Finance Release Analyst422,000 JPY-60%
Finance Specialist605,000 JPY-43%
Finance Team Leader 818,000 JPY-22%
Financial Accountant378,000 JPY-64%
Financial Actuary575,000 JPY-45%
Financial Administrator653,000 JPY-38%
Financial Advisor668,000 JPY-37%
Financial Analyst708,000 JPY-33%
Financial Applications Specialist478,000 JPY-55%
Financial Assistant310,000 JPY-71%
Financial Associate354,000 JPY-66%
Financial Claims Analyst521,000 JPY-51%
Financial Claims Manager694,000 JPY-34%
Financial Claims Supervisor648,000 JPY-39%
Financial Clerk282,000 JPY-73%
Financial Commercial Analyst564,000 JPY-47%
Financial Compliance Analyst620,000 JPY-41%
Financial Compliance Officer617,000 JPY-42%
Financial Consultant513,000 JPY-51%
Financial Controller616,000 JPY-42%
Financial Coordinator348,000 JPY-67%
Financial Customer Service Manager680,000 JPY-36%
Financial Data Scientist729,000 JPY-31%
Financial Dealer and Broker422,000 JPY-60%
Financial Director1,160,000 JPY+10%
Financial Encoder322,000 JPY-69%
Financial Manager1,000,000 JPY-5%
Financial Modelling Analyst709,000 JPY-33%
Financial Operations Manager985,000 JPY-7%
Financial Policy Analyst580,000 JPY-45%
Financial Project Manager745,000 JPY-29%
Financial Quantitative Analyst639,000 JPY-39%
Financial Reporting Consultant542,000 JPY-49%
Financial Reporting Manager715,000 JPY-32%
Financial Section Head719,000 JPY-32%
Financial Services Manager966,000 JPY-8%
Financial Services Sales Agent416,000 JPY-61%
Financial Technology Consultant566,000 JPY-46%
Financial Wellness Coach743,000 JPY-30%
FinTech Analyst629,000 JPY-40%
Fixed Assets Administrator402,000 JPY-62%
Forensic Accountant447,000 JPY-58%
Fraud Detection Supervisor462,000 JPY-56%
Fraud Prevention Manager770,000 JPY-27%
Fund Accountant363,000 JPY-66%
Grants Coordinator289,000 JPY-73%
Green Finance Analyst587,000 JPY-44%
Group Financial Manager1,060,000 JPY+0%
Internal Auditor485,000 JPY-54%
Internal Control Adviser589,000 JPY-44%
Internal Control Officer329,000 JPY-69%
International Tax Director939,000 JPY-11%
Inventory Accountant373,000 JPY-65%
Investment Advisor1,020,000 JPY-3%
Investment Analyst761,000 JPY-28%
Investment Associate631,000 JPY-40%
Investment Broker651,000 JPY-38%
Investment Fund Manager844,000 JPY-20%
Investment Operations Manager871,000 JPY-17%
Investment Underwriter324,000 JPY-69%
Investor485,000 JPY-54%
Investor Relations Manager760,000 JPY-28%
KYC Team Leader759,000 JPY-28%
Loan Processor315,000 JPY-70%
Management Accountant414,000 JPY-61%
Management Economist880,000 JPY-17%
Paymaster315,000 JPY-70%
Payroll Administrator479,000 JPY-55%
Payroll Benefits Coordinator398,000 JPY-62%
Payroll Billing Manager663,000 JPY-37%
Payroll Clerk319,000 JPY-70%
Payroll Manager674,000 JPY-36%
Payroll Officer318,000 JPY-70%
Payroll Specialist383,000 JPY-64%
Payroll Supervisor473,000 JPY-55%
Pensions Administrator400,000 JPY-62%
Personal Financial Advisor573,000 JPY-46%
Pricing Analyst611,000 JPY-42%
Private Equity Analyst669,000 JPY-37%
Project Accountant417,000 JPY-60%
Proposal Development Coordinator336,000 JPY-68%
Quantitative Trader528,000 JPY-50%
Receivables Accountant363,000 JPY-66%
Regulatory Accountant429,000 JPY-59%
Retirement Plan Analyst597,000 JPY-43%
Revenue Management Specialist625,000 JPY-41%
Revenue Recognition Analyst718,000 JPY-32%
Risk Management Director917,000 JPY-13%
Risk Management Supervisor760,000 JPY-28%
Staff Accountant359,000 JPY-66%
Tax Accountant345,000 JPY-67%
Tax Administrator412,000 JPY-61%
Tax Advisor586,000 JPY-44%
Tax Analyst590,000 JPY-44%
Tax Associate312,000 JPY-70%
Tax Consultant619,000 JPY-41%
Tax Director906,000 JPY-14%
Tax Examiner409,000 JPY-61%
Tax Manager790,000 JPY-25%
Tax Research Manager795,000 JPY-25%
Teller233,000 JPY-78%
Treasury Accountant393,000 JPY-63%
Treasury Analyst615,000 JPY-42%
Underwriter253,000 JPY-76%
Underwriting Assistant240,000 JPY-77%
Vice President of Finance1,030,000 JPY-2%

Salary Comparison By City

CityAverage Salary
Tokyo1,210,000 JPY

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Japan is 4% on average across all career fields.

Private Sector
506,000 JPY
Public Sector+4%
527,000 JPY
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Financial Manager in Japan?

A good and competitive compensation would range anywhere between 943,000 JPY and 1,060,000 JPY. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Financial Manager in Japan ranges from 570,000 JPY to 789,000 JPY. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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