Financial Data Analyst Salary in Iceland

Financial Data Analyst roles in Iceland represents a valuable opportunity in Iceland's professional sector. This position integrates technical knowledge with creative solutions, offering competitive benefits. The role provides clear paths for professional growth and career advancement.

Tax rate: Approx. 31%
Demand: Moderate to High
Last updated: 13 Apr 2025

Annual Salary
Education
Skills
Specifics
Benefits
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FAQ

Role overview

Analyze financial data to drive business decisions.

Annual Salary – 2025

Currency

· Upd: 13 Apr 2025

Average Salary $75,875

Junior Level

$45,525 - $60,700

Experience: 0-2 years

Middle Level

$60,700 - $91,050

Experience: 3-5 years

Senior Level

$91,050 - $136,575

Experience: 6+ years

Estimated Take-Home Pay

Expected monthly income after standard tax deductions (approx. 31%)

$4,363

Hourly Rate

$31.01 - $41.95 per hour

Based on 40-hour work week, rates may vary by region and company

Healthcare

Comprehensive medical, dental and vision insurance coverage for you and your family

Approx. $5,311 per year

Annual Bonus Range

Typical performance-based annual bonus range

$7,588 - $11,381

Equity Bonus

Company equity compensation based on local market standards and company policy

Up to $7,588

Total Housing Budget

Recommended monthly spending on rent/mortgage and utilities

Up to $1,300

Retirement Savings Target

Recommended monthly retirement account contribution

$900

Recommended Emergency Fund

Financial safety net for unexpected expenses and life events

$18,969 - 37,938

Monthly Savings Targets

Recommended amount to set aside each month for your financial security and future goals

Approx. $1,900

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Education Requirements

Bachelor's in Finance or Statistics

Professional Certifications

CFA Financial Analytics

Training & Development

Structured career development path with clear milestones
Leadership development programs

Required Skills

Core Skills

Financial Analysis Data Visualization Statistical Analysis

Trending Skills

Emerging Skills

AI Financial Analysis Real-time Analytics

Specifics

Work Environment

Remote financial analysis

Tools

Financial software BI tools Python/R

Collaboration

Finance team integration

Time Zones

Market hours aligned

Benefits

Common Benefits

Health Insurance

Paid Time Off

Remote Work Options

Professional Development

Mental Health Support

Flexible Hours

Home Office Allowance

Additional Benefits

Stock Options

Performance Bonuses

Health and Wellness Programs

Home Office Setup

Internet Allowance

Coworking Space Access

Learning & Development Budget

Conference Attendance

Market Trends

Demand

Moderate to High

Growth Rate

25% annual growth

Remote Work

Availability: High

Trend: Rising demand for remote-first positions with enhanced digital security measures and virtual onboarding processes

Job Platforms

Jobicy Monster AngelList Talent Wellfound

Key Industries

FinTech Cloud Computing Automotive Tech E-commerce IoT Space Technology

Similar Positions

Other positions similar to Financial Data Analyst:

Revenue Operations Analyst Data Scientist Financial Reporting Manager Sales Analytics Manager Financial Analyst Performance Marketing Manager DeFi Strategist Risk Management Director Fintech Product Manager Crypto Compliance Officer Investment Operations Manager Financial Planning Analyst Customer Intelligence Analyst Crypto Treasury Manager Financial Systems Manager Customer Experience Analyst

Cross-Country Pay Scale

Explore Financial Data Analyst salaries worldwide. Below you'll find a comparison of average annual compensation in different countries relative to the base rate in Iceland ($75,875).

Bosnia and Herzegovina

Frequently Asked Questions

What is the average Financial Data Analyst salary in Iceland?

The average salary for a Financial Data Analyst in Iceland is $75,875 per year. Entry-level positions (Junior Level) start at $45,525 - $60,700, while experienced professionals (Senior Level) can earn up to $91,050 - $136,575.

What skills are required for a Financial Data Analyst role?

Core skills include Financial Analysis, Data Visualization, Statistical Analysis. Trending skills are Machine Learning Finance, Predictive Analytics, while emerging skills focus on AI Financial Analysis, Real-time Analytics.

What is the job market outlook for Financial Data Analysts?

The job market shows high demand with 15% annual growth. Remote work opportunities are increasing, with high availability across various job platforms. Key industries include FinTech, Cloud Computing, Automotive Tech, E-commerce, IoT, Space Technology.

What benefits are typically offered to Financial Data Analysts in Iceland?

Common benefits include Health Insurance, Paid Time Off, Remote Work Options, Professional Development. Additional benefits may include Stock Options, Performance Bonuses, Health and Wellness Programs, Home Office Setup.

What roles are similar to Financial Data Analyst?

Similar positions to Financial Data Analyst include Quantitative Analyst, Financial Planning Analyst, Business Intelligence Analyst, Investment Data Analyst. These roles share many of the same responsibilities and required skills, though their focus areas may vary slightly by organization.

What is the hourly rate for Financial Data Analysts in Iceland?

Based on a standard 40-hour work week, Financial Data Analysts in Iceland typically earn between $31.01 and $41.95 per hour per hour. Rates may vary depending on location, experience level, and specific employer.

What are the core and trending skills for Financial Data Analysts?

Core skills essential for Financial Data Analysts include Financial Analysis, Data Visualization, Statistical Analysis. The most in-demand trending skills currently are Machine Learning Finance, Predictive Analytics. Professionals looking to stay competitive should also keep an eye on emerging skills like AI Financial Analysis, Real-time Analytics.

About Salary Data

Our salary data is compiled from trusted sources including:

U.S. Bureau of Labor Statistics - Official employment statistics
Eurostat - European Union labor market data
ILOSTAT - The leading source of labour statistics
Glassdoor - Company salary reports
Levels.fyi - Tech industry compensation data
Indeed - Job market analysis

Additional market insights from:

Note: Salary ranges are approximate and may vary based on location, experience, skills, and other factors. Data is regularly updated to reflect current market conditions. For reference only.

Currency rates updated: Apr 25, 2025, 00:02 UTC

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