A person working as a Cash Flow Analyst in Singapore typically earns around 8,240 SGD per month. Salaries range from 4,450 SGD (lowest) to 12,400 SGD (highest).
This is the average monthly salary including housing, transport, and other benefits. Cash Flow Analyst salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Cash Flow Analyst salaries in Singapore range from 4,450 SGD per month (minimum salary) to 12,400 SGD per month (maximum salary).
The median salary is 7,580 SGD per month, which means that half (50%) of people working as Cash Flow Analyst(s) are earning less than 7,580 SGD while the other half are earning more than 7,580 SGD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Cash Flow Analyst(s) are earning less than 5,420 SGD while 75% of them are earning more than 5,420 SGD. Also from the diagram, 75% of Cash Flow Analyst(s) are earning less than 9,210 SGD while 25% are earning more than 9,210 SGD.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning 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
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Cash Flow Analyst salaries by experience level and this is what we found.
A Cash Flow Analyst with less than two years of experience makes approximately 5,170 SGD per month.
While someone with an experience level between two and five years is expected to earn 6,530 SGD per month, 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 8,610 SGD per month, 32% more than someone with two to five years of experience.
Additionally, Cash Flow Analyst(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 10,100 SGD per month, 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 11,200 SGD per month, 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 11,900 SGD per month, 6% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+26%|
|5 - 10 Years||+32%|
|10 - 15 Years||+18%|
|15 - 20 Years||+11%|
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 Cash Flow Analyst salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of a Cash Flow Analyst is 6,530 SGD per month.
While someone with a Bachelor's Degree gets a salary of 8,610 SGD per month, 32% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 11,800 SGD per month, 37% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Singapore costs anywhere from 42,200 Singapore Dollar(s) to 127,000 Singapore Dollar(s) 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 into a higher paying job. The numbers seem to support the thoery. 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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Cash Flow Analyst employees in Singapore earn 5% more than their female counterparts on average.
Cash Flow Analyst(s) in Singapore are likely to observe a salary increase of approximately 12% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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.
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
Listed above are the average annual increase rates for each industry in Singapore for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
A Cash Flow Analyst is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
48% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 52% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.
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.
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.
The main two types of jobs
|Revenue Generators||Supporting 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.
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.
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.
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 fix 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.
The average salary for Cash Flow Analyst is 5% less than that of Accounting and Finance. Also, Accounting and Finance salaries are 3% more than those of All Jobs.
|Job Title||Average Salary|
|Account Examiner||4,300 SGD||-48%|
|Account Executive||7,080 SGD||-14%|
|Accounting Assistant||4,130 SGD||-50%|
|Accounting Associate||4,270 SGD||-48%|
|Accounting Clerk||3,430 SGD||-58%|
|Accounting Coordinator||5,160 SGD||-37%|
|Accounting Manager||12,600 SGD||+53%|
|Accounting Supervisor||8,110 SGD||-2%|
|Accounting Technician||3,830 SGD||-54%|
|Accounts Executive||7,400 SGD||-10%|
|Accounts Payable and Receivable Specialist||5,600 SGD||-32%|
|Accounts Payable Clerk||4,380 SGD||-47%|
|Accounts Payable Manager||11,600 SGD||+41%|
|Accounts Receivable Clerk||4,350 SGD||-47%|
|Accounts Receivable Manager||11,300 SGD||+37%|
|Assistant Accounting Manager||10,400 SGD||+26%|
|Assistant Auditor||5,750 SGD||-30%|
|Audit Supervisor||10,400 SGD||+26%|
|Auditing Clerk||4,490 SGD||-46%|
|Auditing Manager||11,700 SGD||+42%|
|Billing Coordinator||5,320 SGD||-35%|
|Billing Specialist||6,020 SGD||-27%|
|Billing Supervisor||8,500 SGD||+3%|
|Bookkeeping Specialist||5,220 SGD||-37%|
|Budget Analyst||9,480 SGD||+15%|
|Budget Manager||11,300 SGD||+37%|
|Business Support Analyst||6,480 SGD||-21%|
|Capital Markets Associate||8,550 SGD||+4%|
|Cash Flow Analyst||8,240 SGD||-0%|
|Cash Management Officer||6,220 SGD||-25%|
|Cashbook Clerk||3,870 SGD||-53%|
|Chartered Accountant||6,880 SGD||-17%|
|Collections Clerk||3,420 SGD||-59%|
|Collections Specialist||5,970 SGD||-28%|
|Corporate Treasurer||11,200 SGD||+36%|
|Cost Accountant||5,650 SGD||-31%|
|Cost Accounting Manager||11,600 SGD||+41%|
|Cost Analyst||9,250 SGD||+12%|
|Credit and Collection Manager||11,000 SGD||+33%|
|Credit and Collection Staff||4,470 SGD||-46%|
|Credit and Loans Officer||4,180 SGD||-49%|
|Credit Controller||7,800 SGD||-5%|
|Debt Adviser||9,620 SGD||+17%|
|Debt Collector||4,670 SGD||-43%|
|Debtors Clerk||3,960 SGD||-52%|
|Deputy CFO||14,900 SGD||+81%|
|Derivative Trader||10,100 SGD||+23%|
|Escrow Assistant||5,120 SGD||-38%|
|External Auditor||7,850 SGD||-5%|
|Finance Associate||5,040 SGD||-39%|
|Finance Executive||11,900 SGD||+44%|
|Finance Licensing Clerk||4,010 SGD||-51%|
|Finance Licensing Manager||10,600 SGD||+29%|
|Finance Licensing Specialist||5,970 SGD||-28%|
|Finance Officer||5,290 SGD||-36%|
|Finance President||16,000 SGD||+94%|
|Finance Relationship Manager||13,400 SGD||+63%|
|Finance Release Analyst||6,350 SGD||-23%|
|Finance Team Leader||12,900 SGD||+56%|
|Financial Actuary||8,600 SGD||+4%|
|Financial Administrator||9,060 SGD||+10%|
|Financial Analyst||10,200 SGD||+24%|
|Financial Applications Specialist||7,190 SGD||-13%|
|Financial Assistant||4,610 SGD||-44%|
|Financial Associate||4,390 SGD||-47%|
|Financial Claims Analyst||7,250 SGD||-12%|
|Financial Claims Manager||10,600 SGD||+29%|
|Financial Commercial Analyst||7,830 SGD||-5%|
|Financial Compliance Analyst||9,230 SGD||+12%|
|Financial Consultant||7,220 SGD||-12%|
|Financial Controller||9,070 SGD||+10%|
|Financial Coordinator||5,430 SGD||-34%|
|Financial Customer Service Manager||10,500 SGD||+27%|
|Financial Dealer and Broker||6,140 SGD||-26%|
|Financial Encoder||4,890 SGD||-41%|
|Financial Manager||16,200 SGD||+97%|
|Financial Operations Manager||14,100 SGD||+71%|
|Financial Policy Analyst||8,370 SGD||+2%|
|Financial Project Manager||12,000 SGD||+46%|
|Financial Quantitative Analyst||9,330 SGD||+13%|
|Financial Reporting Consultant||8,480 SGD||+3%|
|Financial Reporting Manager||10,300 SGD||+25%|
|Financial Services Sales Agent||5,940 SGD||-28%|
|Fixed Assets Administrator||5,760 SGD||-30%|
|Forensic Accountant||6,780 SGD||-18%|
|Fraud Detection Supervisor||7,040 SGD||-15%|
|Fraud Prevention Manager||11,600 SGD||+41%|
|Fund Accountant||5,420 SGD||-34%|
|Grants Coordinator||4,400 SGD||-47%|
|Internal Auditor||7,470 SGD||-9%|
|Internal Control Adviser||8,980 SGD||+9%|
|Internal Control Officer||4,960 SGD||-40%|
|Inventory Accountant||5,760 SGD||-30%|
|Investment Analyst||11,100 SGD||+35%|
|Investment Fund Manager||12,500 SGD||+52%|
|Investment Underwriter||4,740 SGD||-42%|
|Investor Relations Manager||10,800 SGD||+31%|
|KYC Team Leader||10,400 SGD||+26%|
|Management Economist||12,600 SGD||+53%|
|Payroll Clerk||4,760 SGD||-42%|
|Payroll Manager||9,940 SGD||+21%|
|Pensions Administrator||5,710 SGD||-31%|
|Pricing Analyst||9,020 SGD||+9%|
|Private Equity Analyst||9,810 SGD||+19%|
|Proposal Development Coordinator||4,800 SGD||-42%|
|Receivables Accountant||5,130 SGD||-38%|
|Regulatory Accountant||6,180 SGD||-25%|
|Retirement Plan Analyst||9,100 SGD||+10%|
|Revenue Management Specialist||9,430 SGD||+14%|
|Revenue Recognition Analyst||10,600 SGD||+29%|
|Risk Management Director||14,200 SGD||+72%|
|Risk Management Supervisor||11,600 SGD||+41%|
|Tax Accountant||5,250 SGD||-36%|
|Tax Advisor||8,260 SGD||+0%|
|Tax Associate||4,700 SGD||-43%|
|Tax Manager||11,900 SGD||+44%|
|Treasury Accountant||5,910 SGD||-28%|
|Treasury Analyst||9,660 SGD||+17%|
|Underwriting Assistant||3,820 SGD||-54%|
|Vice President of Finance||15,700 SGD||+90%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Singapore earn 5% more than their private sector counterparts on average across all sectors.