The Average Salary for a Finance Business Partner in Zurich
Zurich is the largest city in Switzerland and the economical and financial center of the country. It’s a city that has significantly grown in the last decade, and as a result, the demand for skilled finance professionals has drastically increased. The role of a finance business partner has become increasingly popular among finance specialists in Zurich as they play a vital role in the success of organizations. This article will discuss the average salary for a finance business partner in Zurich.
What is a Finance Business Partner?
A finance business partner is an expert in finance who collaborates with non-finance departments to give financial support to the organization’s strategic objectives. This role needs strong analytical skills, a deep understanding of finance concepts, and excellent communication abilities. Finance business partners act as a bridge between finance and other departments, adapting financial information and data to non-specialist audiences in an understandable way to help them make the best business decisions.
The Salary for Finance Business Partners in Zurich
Salaries for finance business partners vary depending on a range of factors such as level of experience, job scope, industry sector, and company size. According to data from Payscale, the average salary for a finance business partner in Zurich is CHF 118,739 per year. The salary can range anywhere from CHF 80,000 to CHF 175,000.
An entry-level finance business partner with less than five years of experience can expect to earn an average total compensation of CHF 96,053 per year. A business partner with five to ten years of experience can earn an average total compensation of CHF 120,000 per year. A Finance Business Partner with over 10 years of experience can expect an average total compensation upwards of CHF 140,000 per year.
Factors that Affect the Salary for Finance Business Partners
The salary for a finance business partner can be affected by various factors. Below are the primary factors that could impact the salary for a finance business partner in Zurich:
- Industry sector: The sector that the company belongs to has a significant impact on the salary. The highest-paying industries for finance business partners in Zurich are the financial services sector, followed by electronics, consulting, and information technology.
- Company size: The size of the company can also impact the salary. Generally, finance business partners in larger companies tend to earn more compared to those in smaller companies.
- Qualifications and certifications: Finance business partners with additional certifications and qualifications tend to have better chances of negotiating for a higher salary.
- Experience: The level of experience of a finance business partner plays a significant role in increasing their salary. The higher the level of experience, the higher the salary.
Conclusion
The demand for finance business partners in Zurich continues to rise, making it an incredibly competitive market. The average salary for a finance business partner in Zurich is CHF 118,739 per year, with the salary depending on several factors such as company size, industry sector, qualifications, and experience. With their expertise in finance and collaborative approach, a finance business partner can play a vital role in a company’s success, which is why it’s a highly sought after role in Zurich’s competitive job market.
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