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Economy, Finance, Accountancy

Salary for position Financial Analyst in Estonia

Average monthly net salary in Estonia is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
Compare your salary with other people in the same position and in the same region for free and anonymously.
80% of people earn:
1,601 - 3,113 EUR
10% earn less lthan 1,601 EUR
10% earns more than 3,113 EUR
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Salaries in the survey are expressed in net.

Based on the Palgad.ee salary survey, 80% of people on the Financial Analyst position in the Estonia earn between 1,601 EUR and 3,113 EUR monthly net.

10% of employees earn less than 1,601 EUR and 10% of people earn more than 3,113 EUR.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Financial Analyst typically do

  • Forecasting, planning, and analysis of revenues, costs, gross profit, and expenses.
  • Preparing the calculations in accordance with inflation.
  • Evaluating the efficiency and financial return on major investments.
  • Analysing the current results compared to the forecast and planned objective.
  • Monitoring and evaluating the development in terms of cost as well as indicators of profitability and productivity in accordance with standard accounting statements (balance sheet, income statement, cash flow).
  • Preparing documents for the financial managers’ decision process.
  • Verifying the creditworthiness of bank customers when providing the investment and operating loans.
  • Cooperating with international teams.
  • Evaluating trends, dependencies, and changes in the financial situation of the organisation.
  • Designing measures for optimisation.
  • Creating financial models and writing reports.

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The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position Financial Analyst in the labour market

In the salary ranking,
the job position takes

145. place

Women representation in position

66%

Average age of respondent by position

34

637. place

Kitchen Helper

Tourism, Gastronomy, Hotel Business

Salary group 1

721 - 1,044 EUR

146. place

Medical/Pharmaceutical Sales Representative

Pharmaceutical Industry

Salary group 2

1,579 - 3,136 EUR

145. place

Financial Analyst

Economy, Finance, Accountancy

Salary group 2

1,601 - 3,113 EUR

144. place

Chief Accountant

Economy, Finance, Accountancy

Salary group 2

1,529 - 3,208 EUR

1. place

Leasing Director

Leasing

Salary group 3

2,162 - 8,517 EUR

Is this salary range too huge?

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Job offers suitable for your position:

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  • Salary for the position by region, education, experience, company size, age
  • Distribution of respondents into wage bands
  • Salary range from 1st to 9th decile
  • A breakdown of all monitored non-financial benefits
  • Analysis of financial benefits
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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Financial Analyst.

The total gross salary for the position Financial Analyst ranges between 1,455 EUR and 4,574 EUR per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Palgad.ee to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Financial Analyst have a total gross salary of at least 3,113 EUR per month.

10% of the highest-earning employees in this position have a total gross salary higher than 3,113 EUR per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 1,601 EUR per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Financial Analyst earns 2,592 EUR per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Palgad.ee you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Financial Analyst, we currently have 120 verified respondents collected.