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Deputy CFO Average Salary in Helsinki 2024

How much money does a person working as Deputy CFO make in Helsinki?


Average Monthly Salary
9,640 EUR
( 116,000 EUR yearly)

LOW
4,720
EUR
AVERAGE
9,640
EUR
HIGH
15,000
EUR
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 Deputy CFO in Helsinki typically earns around 9,640 EUR. Salaries range from 4,720 EUR (lowest) to 15,000 EUR (highest).


Salary Variance

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



Deputy CFO Pay Scale and Salaries in Helsinki

Median and salary distribution Helsinki Deputy CFO monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
8,940 EUR or more
10% of people earn
7,900 to 8,940 EUR
20% of people earn
5,610 EUR or less
65% of people earn
5,610 to 7,900 EUR
Minimum Salary
4,720 EUR
Median
8,990 EUR
Maximum
15,000 EUR




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 Deputy CFO in Helsinki range from 4,720 EUR (starting salary) to 15,000 EUR (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 8,990 EUR, half of the professionals who work as Deputy CFO in Helsinki 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 Deputy CFO in Helsinki earn less than 7,350 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 10,300 EUR 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 Deputy CFO in Helsinki compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,610 EUR to 7,900 EUR. About 20% of salaries are below the 5,610 EUR mark, while 10% fall within the range of 7,900 EUR to 8,940 EUR. Only 5% of individuals have salaries exceeding 8,940 EUR.

Salary Comparison by Years of Experience / Deputy CFO / Helsinki

How do experience and age affect pay?

0 - 2 Years
5,600 EUR
2 - 5 Years+29%
7,200 EUR
5 - 10 Years+38%
9,930 EUR
10 - 15 Years+24%
12,300 EUR
15 - 20 Years+7%
13,200 EUR
20+ Years+7%
14,100 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Helsinki Deputy CFO
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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 Deputy CFO 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 5,600 EUR.

While someone with an experience level between two and five years is expected to earn 7,200 EUR, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 9,930 EUR, 38% 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 12,300 EUR, 24% 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 13,200 EUR, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 14,100 EUR, 7% 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 / Deputy CFO / Helsinki

How do education levels affect salaries?

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

Certificate or Diploma
7,200 EUR
Bachelor's Degree+34%
9,680 EUR
Master's Degree+53%
14,800 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Helsinki Deputy CFO
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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 Deputy CFO in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 7,200 EUR.


Level 2: Bachelor's Degree

At this level, the average salary becomes 9,680 EUR, 34% more than the previous level.


Level 3: Master's Degree

At this level, the average salary becomes 14,800 EUR, 53% 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 Finland costs anywhere from 23,500 EUR to 70,600 EUR 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 / Deputy CFO / Helsinki

Salary comparison by gender Finland Deputy CFO 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 Deputy CFO in Finland, the average difference between the salary of male and female employees is 4%.

Male
8,590 EUR
Female-4%
8,240 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Finland for all Careers

Salary comparison by gender monthly Finland
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Average Annual Salary Increment Percentage / Deputy CFO / Helsinki

How much are annual salary increments in Helsinki for individuals working as Deputy CFO? How often do employees get salary raises?

Individuals working as Deputy CFO in Finland are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate Finland Deputy CFO
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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.

Finland / All Professions

Annual Salary Increment Rate Finland
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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 Finland 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 / Deputy CFO / Finland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Finland Deputy CFO
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

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

Received Bonus
%
No Bonus
100%

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 / Deputy CFO / Helsinki


56 EUR per hour

The average hourly wage (pay per hour) for individuals working as Deputy CFO in Helsinki is 56 EUR.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 Deputy CFO in Helsinki is 27 EUR. 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 Examiner2,700 EUR-72%
Account Executive4,640 EUR-52%
Accountant3,330 EUR-65%
Accounting Analyst4,140 EUR-57%
Accounting Assistant2,720 EUR-72%
Accounting Associate2,470 EUR-74%
Accounting Clerk2,140 EUR-78%
Accounting Coordinator3,230 EUR-66%
Accounting Head7,350 EUR-24%
Accounting Manager7,450 EUR-23%
Accounting Officer2,610 EUR-73%
Accounting Specialist4,980 EUR-48%
Accounting Supervisor4,650 EUR-52%
Accounting Technician2,550 EUR-74%
Accounting Unit Controller5,890 EUR-39%
Accounts Executive4,430 EUR-54%
Accounts Officer2,720 EUR-72%
Accounts Payable and Receivable Specialist3,460 EUR-64%
Accounts Payable Assistant2,910 EUR-70%
Accounts Payable Associate3,260 EUR-66%
Accounts Payable Clerk2,720 EUR-72%
Accounts Payable Manager6,830 EUR-29%
Accounts Receivable Administrator5,420 EUR-44%
Accounts Receivable Clerk2,680 EUR-72%
Accounts Receivable Financial Analyst4,850 EUR-50%
Accounts Receivable Manager6,630 EUR-31%
Accounts Receivable Team Leader5,030 EUR-48%
Algorithmic Trading Specialist5,980 EUR-38%
Assistant Accountant2,780 EUR-71%
Assistant Accounting Manager6,310 EUR-35%
Assistant Auditor3,680 EUR-62%
Assistant Corporate Controller4,640 EUR-52%
Assistant Finance Manager7,640 EUR-21%
Assistant Financial Controller4,920 EUR-49%
Audit Director8,000 EUR-17%
Audit Supervisor6,320 EUR-34%
Auditing Clerk2,720 EUR-72%
Auditing Manager7,000 EUR-27%
Billing Clerk2,830 EUR-71%
Billing Coordinator3,190 EUR-67%
Billing Specialist3,910 EUR-59%
Billing Supervisor5,300 EUR-45%
Bookkeeper2,380 EUR-75%
Bookkeeping Specialist3,470 EUR-64%
Budget Analyst5,880 EUR-39%
Budget Manager7,350 EUR-24%
Business Support Analyst4,150 EUR-57%
Capital Markets Associate5,410 EUR-44%
Cash Flow Analyst5,080 EUR-47%
Cash Management Manager6,950 EUR-28%
Cash Management Officer4,210 EUR-56%
Cashbook Clerk2,400 EUR-75%
Chartered Accountant4,420 EUR-54%
Chief Accountant5,000 EUR-48%
Chief Financial Technology Officer7,500 EUR-22%
Collections Clerk2,190 EUR-77%
Collections Representative3,020 EUR-69%
Collections Specialist3,590 EUR-63%
Corporate Controller5,370 EUR-44%
Corporate Treasurer6,730 EUR-30%
Cost Accountant3,460 EUR-64%
Cost Accounting Manager7,300 EUR-24%
Cost Accounting Supervisor5,790 EUR-40%
Cost Analyst5,530 EUR-43%
Credit and Collection Manager7,120 EUR-26%
Credit and Collection Staff2,760 EUR-71%
Credit and Loans Officer2,620 EUR-73%
Credit Controller4,680 EUR-51%
Credit Manager7,130 EUR-26%
Debt Adviser5,900 EUR-39%
Debt Collector2,710 EUR-72%
Debtors Clerk2,410 EUR-75%
Debtors Controller2,610 EUR-73%
Deputy CFO9,640 EUR-0%
Deputy Head of Finance9,510 EUR-1%
Derivative Trader5,800 EUR-40%
Director of Finance10,700 EUR+11%
E-commerce Accountant3,790 EUR-61%
Economist8,440 EUR-12%
Equity Analyst6,500 EUR-33%
Escrow Assistant3,190 EUR-67%
Executive Accountant3,920 EUR-59%
External Auditor4,930 EUR-49%
Finance Administrator3,950 EUR-59%
Finance Analyst6,670 EUR-31%
Finance Associate3,080 EUR-68%
Finance Data Analyst5,540 EUR-43%
Finance Director10,900 EUR+13%
Finance Executive7,470 EUR-23%
Finance Licensing Clerk2,440 EUR-75%
Finance Licensing Manager6,750 EUR-30%
Finance Licensing Specialist3,990 EUR-59%
Finance Manager9,780 EUR+1%
Finance Officer3,370 EUR-65%
Finance President10,300 EUR+7%
Finance Relationship Manager8,450 EUR-12%
Finance Release Analyst4,150 EUR-57%
Finance Specialist6,030 EUR-37%
Finance Team Leader 8,080 EUR-16%
Financial Accountant3,510 EUR-64%
Financial Actuary5,410 EUR-44%
Financial Administrator5,870 EUR-39%
Financial Advisor6,240 EUR-35%
Financial Analyst6,440 EUR-33%
Financial Applications Specialist4,590 EUR-52%
Financial Assistant2,790 EUR-71%
Financial Associate3,430 EUR-64%
Financial Claims Analyst4,880 EUR-49%
Financial Claims Manager6,100 EUR-37%
Financial Claims Supervisor5,920 EUR-39%
Financial Clerk2,620 EUR-73%
Financial Commercial Analyst4,920 EUR-49%
Financial Compliance Analyst5,590 EUR-42%
Financial Compliance Officer5,670 EUR-41%
Financial Consultant4,640 EUR-52%
Financial Controller5,670 EUR-41%
Financial Coordinator3,380 EUR-65%
Financial Customer Service Manager6,530 EUR-32%
Financial Data Scientist6,290 EUR-35%
Financial Dealer and Broker3,700 EUR-62%
Financial Director10,000 EUR+4%
Financial Encoder2,980 EUR-69%
Financial Manager9,420 EUR-2%
Financial Modelling Analyst6,350 EUR-34%
Financial Operations Manager8,770 EUR-9%
Financial Policy Analyst5,240 EUR-46%
Financial Project Manager7,570 EUR-21%
Financial Quantitative Analyst6,160 EUR-36%
Financial Reporting Consultant5,120 EUR-47%
Financial Reporting Manager6,460 EUR-33%
Financial Section Head6,770 EUR-30%
Financial Services Manager8,950 EUR-7%
Financial Services Sales Agent3,900 EUR-60%
Financial Technology Consultant5,800 EUR-40%
Financial Wellness Coach7,150 EUR-26%
FinTech Analyst6,260 EUR-35%
Fixed Assets Administrator3,580 EUR-63%
Forensic Accountant4,260 EUR-56%
Fraud Detection Supervisor4,160 EUR-57%
Fraud Prevention Manager7,190 EUR-25%
Fund Accountant3,520 EUR-63%
Grants Coordinator2,540 EUR-74%
Green Finance Analyst5,490 EUR-43%
Group Financial Manager9,820 EUR+2%
Internal Auditor4,910 EUR-49%
Internal Control Adviser5,300 EUR-45%
Internal Control Officer3,070 EUR-68%
International Tax Director8,300 EUR-14%
Inventory Accountant3,670 EUR-62%
Investment Advisor9,300 EUR-4%
Investment Analyst7,170 EUR-26%
Investment Associate5,940 EUR-38%
Investment Broker5,750 EUR-40%
Investment Fund Manager8,230 EUR-15%
Investment Operations Manager7,980 EUR-17%
Investment Underwriter2,970 EUR-69%
Investor4,380 EUR-55%
Investor Relations Manager7,130 EUR-26%
KYC Team Leader6,880 EUR-29%
Loan Processor2,900 EUR-70%
Management Accountant4,000 EUR-59%
Management Economist8,250 EUR-14%
Paymaster2,750 EUR-71%
Payroll Administrator4,580 EUR-52%
Payroll Benefits Coordinator3,880 EUR-60%
Payroll Billing Manager6,690 EUR-31%
Payroll Clerk3,160 EUR-67%
Payroll Manager6,270 EUR-35%
Payroll Officer3,010 EUR-69%
Payroll Specialist3,760 EUR-61%
Payroll Supervisor4,570 EUR-53%
Pensions Administrator3,750 EUR-61%
Personal Financial Advisor5,130 EUR-47%
Pricing Analyst5,680 EUR-41%
Private Equity Analyst6,570 EUR-32%
Project Accountant3,780 EUR-61%
Proposal Development Coordinator3,150 EUR-67%
Quantitative Trader5,180 EUR-46%
Receivables Accountant3,120 EUR-68%
Regulatory Accountant3,900 EUR-60%
Retirement Plan Analyst5,370 EUR-44%
Revenue Management Specialist5,840 EUR-39%
Revenue Recognition Analyst6,650 EUR-31%
Risk Management Director8,360 EUR-13%
Risk Management Supervisor7,180 EUR-26%
Staff Accountant3,380 EUR-65%
Tax Accountant3,280 EUR-66%
Tax Administrator3,980 EUR-59%
Tax Advisor5,310 EUR-45%
Tax Analyst5,540 EUR-43%
Tax Associate3,070 EUR-68%
Tax Consultant5,450 EUR-43%
Tax Director8,270 EUR-14%
Tax Examiner3,670 EUR-62%
Tax Manager7,000 EUR-27%
Tax Research Manager7,310 EUR-24%
Teller2,010 EUR-79%
Treasury Accountant3,690 EUR-62%
Treasury Analyst5,650 EUR-41%
Underwriter2,580 EUR-73%
Underwriting Assistant2,290 EUR-76%
Vice President of Finance9,240 EUR-4%

Salary Comparison By City

CityAverage Salary
Helsinki9,640 EUR

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 Finland is 5% on average across all career fields.

Private Sector
4,590 EUR
Public Sector+5%
4,810 EUR
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 Deputy CFO in Helsinki?

A good and competitive compensation would range anywhere between 8,990 EUR and 10,300 EUR. 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 Deputy CFO in Helsinki ranges from 4,720 EUR to 7,350 EUR. 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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