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Finance President Average Salary in Ukraine 2024

How much money does a person working as Finance President make in Ukraine?


Average Monthly Salary
51,000 UAH
( 612,000 UAH yearly)

LOW
27,500
UAH
AVERAGE
51,000
UAH
HIGH
77,000
UAH
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 Finance President in Ukraine typically earns around 51,000 UAH. Salaries range from 27,500 UAH (lowest) to 77,000 UAH (highest).


Salary Variance

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



Finance President Pay Scale and Salaries in Ukraine

Median and salary distribution Ukraine Finance President monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
45,400 UAH or more
10% of people earn
40,700 to 45,400 UAH
20% of people earn
30,200 UAH or less
65% of people earn
30,200 to 40,700 UAH
Minimum Salary
27,500 UAH
Median
45,600 UAH
Maximum
77,000 UAH




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 Finance President in Ukraine range from 27,500 UAH (starting salary) to 77,000 UAH (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 45,600 UAH, half of the professionals who work as Finance President in Ukraine 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 Finance President in Ukraine earn less than 38,100 UAH, while 75% earn more. Similarly, the chart shows that 75% earn less than 51,400 UAH 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 Finance President in Ukraine compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 30,200 UAH to 40,700 UAH. About 20% of salaries are below the 30,200 UAH mark, while 10% fall within the range of 40,700 UAH to 45,400 UAH. Only 5% of individuals have salaries exceeding 45,400 UAH.

Salary Comparison by Years of Experience / Finance President / Ukraine

How do experience and age affect pay?

0 - 2 Years
32,000 UAH
2 - 5 Years+26%
40,400 UAH
5 - 10 Years+32%
53,200 UAH
10 - 15 Years+18%
62,600 UAH
15 - 20 Years+11%
69,300 UAH
20+ Years+6%
73,800 UAH
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Ukraine Finance President
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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 Finance President 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 32,000 UAH.

While someone with an experience level between two and five years is expected to earn 40,400 UAH, 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 53,200 UAH, 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 62,600 UAH, 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 69,300 UAH, 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 73,800 UAH, 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 / Finance President / Ukraine

How do education levels affect salaries?

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

Certificate or Diploma
38,900 UAH
Bachelor's Degree+10%
42,900 UAH
Master's Degree+32%
56,700 UAH
PhD+26%
71,500 UAH
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Ukraine Finance President
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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 Finance President in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 38,900 UAH.


Level 2: Bachelor's Degree

At this level, the average salary becomes 42,900 UAH, 10% more than the previous level.


Level 3: Master's Degree

At this level, the average salary becomes 56,700 UAH, 32% more than the previous level.


Level 4: PhD

At this level, the average salary becomes 71,500 UAH, 26% 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 Ukraine costs anywhere from 115,000 UAH to 346,000 UAH 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 / Finance President / Ukraine

Salary comparison by gender Ukraine Finance President 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 Finance President in Ukraine, the average difference between the salary of male and female employees is 8%.

Male
52,600 UAH
Female-8%
48,700 UAH
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Ukraine for all Careers

Salary comparison by gender monthly Ukraine
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Average Annual Salary Increment Percentage / Finance President / Ukraine

How much are annual salary increments in Ukraine for individuals working as Finance President? How often do employees get salary raises?

Individuals working as Finance President in Ukraine are likely to observe a salary increase of approximately 13% every 20 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Ukraine Finance President
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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.

Ukraine / All Professions

Annual Salary Increment Rate Ukraine
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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 Ukraine is 5%.

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 / Finance President / Ukraine

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Ukraine Finance President
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24% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 76% 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
76%
No Bonus
24%

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 / Finance President / Ukraine


290 UAH per hour

The average hourly wage (pay per hour) for individuals working as Finance President in Ukraine is 290 UAH.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 Finance President in Ukraine is 160 UAH. 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 Examiner12,000 UAH-76%
Account Executive20,800 UAH-59%
Accountant16,100 UAH-68%
Accounting Analyst21,000 UAH-59%
Accounting Assistant12,900 UAH-75%
Accounting Associate12,200 UAH-76%
Accounting Clerk9,980 UAH-80%
Accounting Coordinator14,400 UAH-72%
Accounting Head33,000 UAH-35%
Accounting Manager34,200 UAH-33%
Accounting Officer11,700 UAH-77%
Accounting Specialist22,000 UAH-57%
Accounting Supervisor22,300 UAH-56%
Accounting Technician12,100 UAH-76%
Accounting Unit Controller26,500 UAH-48%
Accounts Executive20,100 UAH-61%
Accounts Officer13,100 UAH-74%
Accounts Payable and Receivable Specialist16,300 UAH-68%
Accounts Payable Assistant13,200 UAH-74%
Accounts Payable Associate14,300 UAH-72%
Accounts Payable Clerk12,300 UAH-76%
Accounts Payable Manager33,500 UAH-34%
Accounts Receivable Administrator24,200 UAH-53%
Accounts Receivable Clerk11,700 UAH-77%
Accounts Receivable Financial Analyst23,700 UAH-54%
Accounts Receivable Manager31,400 UAH-38%
Accounts Receivable Team Leader23,000 UAH-55%
Algorithmic Trading Specialist28,200 UAH-45%
Assistant Accountant13,000 UAH-75%
Assistant Accounting Manager32,100 UAH-37%
Assistant Auditor15,800 UAH-69%
Assistant Corporate Controller23,400 UAH-54%
Assistant Finance Manager35,900 UAH-30%
Assistant Financial Controller22,800 UAH-55%
Audit Director37,200 UAH-27%
Audit Supervisor30,400 UAH-40%
Auditing Clerk13,100 UAH-74%
Auditing Manager34,800 UAH-32%
Billing Clerk12,700 UAH-75%
Billing Coordinator15,500 UAH-70%
Billing Specialist17,700 UAH-65%
Billing Supervisor25,000 UAH-51%
Bookkeeper11,000 UAH-78%
Bookkeeping Specialist16,500 UAH-68%
Budget Analyst29,600 UAH-42%
Budget Manager32,900 UAH-35%
Business Support Analyst17,800 UAH-65%
Capital Markets Associate23,900 UAH-53%
Cash Flow Analyst24,800 UAH-51%
Cash Management Manager33,300 UAH-35%
Cash Management Officer19,800 UAH-61%
Cashbook Clerk11,000 UAH-78%
Chartered Accountant20,500 UAH-60%
Chief Accountant24,800 UAH-51%
Chief Financial Technology Officer34,000 UAH-33%
Collections Clerk10,600 UAH-79%
Collections Representative14,200 UAH-72%
Collections Specialist16,900 UAH-67%
Corporate Controller25,200 UAH-51%
Corporate Treasurer31,600 UAH-38%
Cost Accountant16,500 UAH-68%
Cost Accounting Manager33,700 UAH-34%
Cost Accounting Supervisor26,100 UAH-49%
Cost Analyst25,100 UAH-51%
Credit and Collection Manager31,900 UAH-37%
Credit and Collection Staff12,000 UAH-76%
Credit and Loans Officer11,700 UAH-77%
Credit Controller22,500 UAH-56%
Credit Manager34,600 UAH-32%
Debt Adviser27,500 UAH-46%
Debt Collector13,700 UAH-73%
Debtors Clerk11,200 UAH-78%
Debtors Controller11,700 UAH-77%
Deputy CFO46,100 UAH-10%
Deputy Head of Finance44,000 UAH-14%
Derivative Trader27,700 UAH-46%
Director of Finance50,000 UAH-2%
E-commerce Accountant16,700 UAH-67%
Economist39,900 UAH-22%
Equity Analyst28,200 UAH-45%
Escrow Assistant15,200 UAH-70%
Executive Accountant18,600 UAH-64%
External Auditor24,000 UAH-53%
Finance Administrator19,400 UAH-62%
Finance Analyst30,900 UAH-39%
Finance Associate14,800 UAH-71%
Finance Data Analyst25,400 UAH-50%
Finance Director46,600 UAH-9%
Finance Executive36,400 UAH-29%
Finance Licensing Clerk12,400 UAH-76%
Finance Licensing Manager30,500 UAH-40%
Finance Licensing Specialist17,700 UAH-65%
Finance Manager45,500 UAH-11%
Finance Officer15,200 UAH-70%
Finance President51,000 UAH+0%
Finance Relationship Manager36,500 UAH-28%
Finance Release Analyst19,200 UAH-62%
Finance Specialist27,600 UAH-46%
Finance Team Leader 36,100 UAH-29%
Financial Accountant15,800 UAH-69%
Financial Actuary25,600 UAH-50%
Financial Administrator27,200 UAH-47%
Financial Advisor31,000 UAH-39%
Financial Analyst29,400 UAH-42%
Financial Applications Specialist20,300 UAH-60%
Financial Assistant13,400 UAH-74%
Financial Associate15,200 UAH-70%
Financial Claims Analyst22,200 UAH-56%
Financial Claims Manager30,200 UAH-41%
Financial Claims Supervisor26,000 UAH-49%
Financial Clerk12,200 UAH-76%
Financial Commercial Analyst23,800 UAH-53%
Financial Compliance Analyst26,900 UAH-47%
Financial Compliance Officer25,600 UAH-50%
Financial Consultant21,500 UAH-58%
Financial Controller27,200 UAH-47%
Financial Coordinator14,800 UAH-71%
Financial Customer Service Manager31,100 UAH-39%
Financial Data Scientist30,800 UAH-40%
Financial Dealer and Broker17,200 UAH-66%
Financial Director47,200 UAH-7%
Financial Encoder13,400 UAH-74%
Financial Manager47,700 UAH-6%
Financial Modelling Analyst30,500 UAH-40%
Financial Operations Manager42,800 UAH-16%
Financial Policy Analyst26,200 UAH-49%
Financial Project Manager35,000 UAH-31%
Financial Quantitative Analyst28,300 UAH-44%
Financial Reporting Consultant23,300 UAH-54%
Financial Reporting Manager32,300 UAH-37%
Financial Section Head31,900 UAH-37%
Financial Services Manager40,200 UAH-21%
Financial Services Sales Agent17,300 UAH-66%
Financial Technology Consultant24,800 UAH-51%
Financial Wellness Coach33,200 UAH-35%
FinTech Analyst28,600 UAH-44%
Fixed Assets Administrator17,500 UAH-66%
Forensic Accountant18,400 UAH-64%
Fraud Detection Supervisor19,500 UAH-62%
Fraud Prevention Manager33,100 UAH-35%
Fund Accountant15,900 UAH-69%
Grants Coordinator12,600 UAH-75%
Green Finance Analyst25,900 UAH-49%
Group Financial Manager47,600 UAH-7%
Internal Auditor21,300 UAH-58%
Internal Control Adviser24,900 UAH-51%
Internal Control Officer14,100 UAH-72%
International Tax Director39,500 UAH-23%
Inventory Accountant16,600 UAH-67%
Investment Advisor45,800 UAH-10%
Investment Analyst31,400 UAH-38%
Investment Associate28,000 UAH-45%
Investment Broker27,400 UAH-46%
Investment Fund Manager38,200 UAH-25%
Investment Operations Manager37,300 UAH-27%
Investment Underwriter13,500 UAH-74%
Investor21,900 UAH-57%
Investor Relations Manager31,600 UAH-38%
KYC Team Leader32,600 UAH-36%
Loan Processor14,100 UAH-72%
Management Accountant18,300 UAH-64%
Management Economist36,600 UAH-28%
Paymaster13,300 UAH-74%
Payroll Administrator22,100 UAH-57%
Payroll Benefits Coordinator17,800 UAH-65%
Payroll Billing Manager30,200 UAH-41%
Payroll Clerk15,000 UAH-71%
Payroll Manager29,300 UAH-43%
Payroll Officer14,800 UAH-71%
Payroll Specialist16,400 UAH-68%
Payroll Supervisor21,000 UAH-59%
Pensions Administrator16,600 UAH-67%
Personal Financial Advisor24,100 UAH-53%
Pricing Analyst26,500 UAH-48%
Private Equity Analyst28,300 UAH-44%
Project Accountant17,900 UAH-65%
Proposal Development Coordinator14,000 UAH-73%
Quantitative Trader22,500 UAH-56%
Receivables Accountant15,900 UAH-69%
Regulatory Accountant17,800 UAH-65%
Retirement Plan Analyst25,200 UAH-51%
Revenue Management Specialist26,900 UAH-47%
Revenue Recognition Analyst30,700 UAH-40%
Risk Management Director39,600 UAH-22%
Risk Management Supervisor33,500 UAH-34%
Staff Accountant16,000 UAH-69%
Tax Accountant15,500 UAH-70%
Tax Administrator18,700 UAH-63%
Tax Advisor24,500 UAH-52%
Tax Analyst25,200 UAH-51%
Tax Associate14,300 UAH-72%
Tax Consultant26,900 UAH-47%
Tax Director36,300 UAH-29%
Tax Examiner18,300 UAH-64%
Tax Manager32,100 UAH-37%
Tax Research Manager32,900 UAH-35%
Teller9,860 UAH-81%
Treasury Accountant17,200 UAH-66%
Treasury Analyst26,800 UAH-47%
Underwriter11,900 UAH-77%
Underwriting Assistant10,400 UAH-80%
Vice President of Finance43,300 UAH-15%

Salary Comparison By City

CityAverage Salary
Kyiv55,900 UAH

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 Ukraine is 7% on average across all career fields.

Private Sector
22,100 UAH
Public Sector+7%
23,700 UAH
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 Finance President in Ukraine?

A good and competitive compensation would range anywhere between 45,600 UAH and 51,400 UAH. 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 Finance President in Ukraine ranges from 27,500 UAH to 38,100 UAH. 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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