How much money does a person working in Accounting and Finance make in Cote Divoire?
Average Monthly Salary
350,000 XOF
( 4,200,000 XOF yearly)
LOW
140,000
XOF
AVERAGE
350,000
XOF
HIGH
697,000
XOF
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 in Accounting and Finance in Cote Divoire typically earns around 350,000 XOF. Salaries range from 140,000 XOF (lowest average) to 697,000 XOF (highest average, actual maximum salary is higher).
Salary Variance
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Accounting and Finance domain in Cote Divoire exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries for specific jobs
Accounting and Finance | |
Account Examiner | 183,000 XOF |
Account Executive | 300,000 XOF |
Accountant | 240,000 XOF |
Accounting Analyst | 296,000 XOF |
|
Accounting Assistant | 179,000 XOF |
Accounting Associate | 175,000 XOF |
Accounting Clerk | 143,000 XOF |
Accounting Coordinator | 220,000 XOF |
Accounting Head | 475,000 XOF |
Accounting Manager | 502,000 XOF |
Accounting Officer | 170,000 XOF |
Accounting Specialist | 329,000 XOF |
Accounting Supervisor | 336,000 XOF |
Accounting Technician | 163,000 XOF |
Accounting Unit Controller | 385,000 XOF |
Accounts Executive | 298,000 XOF |
Accounts Officer | 181,000 XOF |
Accounts Payable and Receivable Specialist | 230,000 XOF |
Accounts Payable Assistant | 194,000 XOF |
Accounts Payable Associate | 211,000 XOF |
Accounts Payable Clerk | 167,000 XOF |
Accounts Payable Manager | 469,000 XOF |
Accounts Receivable Administrator | 358,000 XOF |
Accounts Receivable Clerk | 168,000 XOF |
Accounts Receivable Financial Analyst | 333,000 XOF |
Accounts Receivable Manager | 464,000 XOF |
Accounts Receivable Team Leader | 349,000 XOF |
Algorithmic Trading Specialist | 398,000 XOF |
Assistant Accountant | 173,000 XOF |
Assistant Accounting Manager | 429,000 XOF |
Assistant Auditor | 241,000 XOF |
Assistant Corporate Controller | 306,000 XOF |
Assistant Finance Manager | 475,000 XOF |
Assistant Financial Controller | 321,000 XOF |
Audit Director | 528,000 XOF |
Audit Supervisor | 421,000 XOF |
Auditing Clerk | 181,000 XOF |
Auditing Manager | 486,000 XOF |
Billing Clerk | 187,000 XOF |
Billing Coordinator | 213,000 XOF |
Billing Specialist | 253,000 XOF |
Billing Supervisor | 342,000 XOF |
Bookkeeper | 156,000 XOF |
Bookkeeping Specialist | 222,000 XOF |
Budget Analyst | 388,000 XOF |
Budget Manager | 490,000 XOF |
Business Support Analyst | 271,000 XOF |
Capital Markets Associate | 368,000 XOF |
Cash Flow Analyst | 342,000 XOF |
Cash Management Manager | 472,000 XOF |
Cash Management Officer | 262,000 XOF |
Cashbook Clerk | 153,000 XOF |
Chartered Accountant | 307,000 XOF |
Chief Accountant | 347,000 XOF |
Chief Financial Technology Officer | 500,000 XOF |
Collections Clerk | 149,000 XOF |
Collections Representative | 195,000 XOF |
Collections Specialist | 237,000 XOF |
Corporate Controller | 377,000 XOF |
Corporate Treasurer | 444,000 XOF |
Cost Accountant | 230,000 XOF |
Cost Accounting Manager | 486,000 XOF |
Cost Accounting Supervisor | 367,000 XOF |
Cost Analyst | 372,000 XOF |
Credit and Collection Manager | 475,000 XOF |
Credit and Collection Staff | 173,000 XOF |
Credit and Loans Officer | 178,000 XOF |
Credit Controller | 321,000 XOF |
Credit Manager | 490,000 XOF |
Debt Adviser | 378,000 XOF |
Debt Collector | 194,000 XOF |
Debtors Clerk | 159,000 XOF |
Debtors Controller | 170,000 XOF |
Deputy CFO | 655,000 XOF |
Deputy Head of Finance | 659,000 XOF |
Derivative Trader | 419,000 XOF |
Director of Finance | 667,000 XOF |
E-commerce Accountant | 238,000 XOF |
Economist | 568,000 XOF |
Equity Analyst | 417,000 XOF |
Escrow Assistant | 200,000 XOF |
Executive Accountant | 267,000 XOF |
External Auditor | 345,000 XOF |
Finance Administrator | 280,000 XOF |
Finance Analyst | 423,000 XOF |
Finance Associate | 199,000 XOF |
Finance Data Analyst | 385,000 XOF |
Finance Director | 712,000 XOF |
Finance Executive | 523,000 XOF |
Finance Licensing Clerk | 166,000 XOF |
Finance Licensing Manager | 463,000 XOF |
Finance Licensing Specialist | 250,000 XOF |
Finance Manager | 645,000 XOF |
Finance Officer | 232,000 XOF |
Finance President | 708,000 XOF |
Finance Relationship Manager | 568,000 XOF |
Finance Release Analyst | 271,000 XOF |
Finance Specialist | 402,000 XOF |
Finance Team Leader | 549,000 XOF |
Financial Accountant | 229,000 XOF |
Financial Actuary | 375,000 XOF |
Financial Administrator | 395,000 XOF |
Financial Advisor | 420,000 XOF |
Financial Analyst | 442,000 XOF |
Financial Applications Specialist | 303,000 XOF |
Financial Assistant | 186,000 XOF |
Financial Associate | 233,000 XOF |
Financial Associate | 198,000 XOF |
Financial Claims Analyst | 310,000 XOF |
Financial Claims Manager | 432,000 XOF |
Financial Claims Supervisor | 383,000 XOF |
Financial Clerk | 187,000 XOF |
Financial Commercial Analyst | 355,000 XOF |
Financial Compliance Analyst | 372,000 XOF |
Financial Compliance Officer | 359,000 XOF |
Financial Consultant | 322,000 XOF |
Financial Controller | 387,000 XOF |
Financial Controller | 374,000 XOF |
Financial Coordinator | 206,000 XOF |
Financial Customer Service Manager | 409,000 XOF |
Financial Data Scientist | 445,000 XOF |
Financial Dealer and Broker | 251,000 XOF |
Financial Director | 667,000 XOF |
Financial Encoder | 195,000 XOF |
Financial Manager | 674,000 XOF |
Financial Manager | 627,000 XOF |
Financial Modelling Analyst | 410,000 XOF |
Financial Operations Manager | 572,000 XOF |
Financial Policy Analyst | 382,000 XOF |
Financial Project Manager | 504,000 XOF |
Financial Quantitative Analyst | 403,000 XOF |
Financial Reporting Consultant | 335,000 XOF |
Financial Reporting Manager | 471,000 XOF |
Financial Section Head | 469,000 XOF |
Financial Services Manager | 584,000 XOF |
Financial Services Sales Agent | 260,000 XOF |
Financial Technology Consultant | 379,000 XOF |
Financial Wellness Coach | 471,000 XOF |
FinTech Analyst | 417,000 XOF |
Fixed Assets Administrator | 234,000 XOF |
Forensic Accountant | 287,000 XOF |
Fraud Detection Supervisor | 291,000 XOF |
Fraud Prevention Manager | 460,000 XOF |
Fund Accountant | 227,000 XOF |
Grants Coordinator | 180,000 XOF |
Green Finance Analyst | 369,000 XOF |
Group Financial Manager | 674,000 XOF |
Internal Auditor | 314,000 XOF |
Internal Control Adviser | 372,000 XOF |
Internal Control Officer | 196,000 XOF |
International Tax Director | 553,000 XOF |
Inventory Accountant | 252,000 XOF |
Investment Advisor | 607,000 XOF |
Investment Analyst | 473,000 XOF |
Investment Associate | 412,000 XOF |
Investment Broker | 383,000 XOF |
Investment Fund Manager | 522,000 XOF |
Investment Operations Manager | 537,000 XOF |
Investment Underwriter | 210,000 XOF |
Investor | 319,000 XOF |
Investor Relations Manager | 475,000 XOF |
KYC Team Leader | 454,000 XOF |
Loan Processor | 193,000 XOF |
Management Accountant | 261,000 XOF |
Management Economist | 550,000 XOF |
Paymaster | 198,000 XOF |
Payroll Administrator | 321,000 XOF |
Payroll Benefits Coordinator | 261,000 XOF |
Payroll Billing Manager | 411,000 XOF |
Payroll Clerk | 203,000 XOF |
Payroll Manager | 448,000 XOF |
Payroll Officer | 207,000 XOF |
Payroll Specialist | 236,000 XOF |
Payroll Supervisor | 298,000 XOF |
Pensions Administrator | 250,000 XOF |
Personal Financial Advisor | 349,000 XOF |
Pricing Analyst | 406,000 XOF |
Private Equity Analyst | 409,000 XOF |
Project Accountant | 249,000 XOF |
Proposal Development Coordinator | 210,000 XOF |
Quantitative Trader | 325,000 XOF |
Receivables Accountant | 212,000 XOF |
Regulatory Accountant | 268,000 XOF |
Retirement Plan Analyst | 377,000 XOF |
Revenue Management Specialist | 374,000 XOF |
Revenue Recognition Analyst | 456,000 XOF |
Risk Management Director | 568,000 XOF |
Risk Management Supervisor | 446,000 XOF |
Staff Accountant | 234,000 XOF |
Tax Accountant | 212,000 XOF |
Tax Administrator | 247,000 XOF |
Tax Advisor | 368,000 XOF |
Tax Analyst | 351,000 XOF |
Tax Associate | 201,000 XOF |
Tax Consultant | 386,000 XOF |
Tax Director | 535,000 XOF |
Tax Examiner | 260,000 XOF |
Tax Manager | 486,000 XOF |
Tax Research Manager | 463,000 XOF |
Teller | 143,000 XOF |
Treasury Accountant | 246,000 XOF |
Treasury Analyst | 396,000 XOF |
Underwriter | 172,000 XOF |
Underwriting Assistant | 154,000 XOF |
Vice President of Finance | 648,000 XOF |
Accounting and Finance Jobs Pay Scale and Salaries in Cote Divoire
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/cote-divoire/accounting-and-finance/median-and-salary-distribution-monthly-cote-divoire-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
363,000 XOF or more
10% of people earn
307,000 to 363,000 XOF
20% of people earn
185,000 XOF or less
65% of people earn
185,000 to 307,000 XOF
Minimum Salary 140,000 XOF |
Median 318,000 XOF |
Maximum 697,000 XOF |
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 in Accounting and Finance in Cote Divoire range from 140,000 XOF (starting average salary) to 697,000 XOF (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
Median Salary
The median income in the field of Accounting and Finance is 318,000 XOF, implying that half of the workforce in Cote Divoire earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Percentiles and Salary Scale
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Accounting and Finance in Cote Divoire earn less than 249,000 XOF, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 385,000 XOF, while 25% earn more than that.
Pay Scale Structure
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Accounting and Finance in Cote Divoire. The analysis revealed that roughly 65% of all reported salaries fell within the range of 185,000 XOF to 307,000 XOF. Approximately 20% of salaries were below the 185,000 XOF mark, while 10% ranged from 307,000 XOF to 363,000 XOF. Only 5% of individuals earned a gross salary of 363,000 XOF or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.
Generally speaking, employees in Accounting and Finance in Cote Divoire having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
“ On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
Salary Comparison By Education
How does the education level affect your salary?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?
We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Accounting and Finance in Cote Divoire, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
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 Cote Divoire costs anywhere from 1,690,000 XOF to 5,070,000 XOF and lasts approximately two years. That is quite an investment.
Employees can't expect any salary increases during the study period, assuming they 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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.
Salary and Compensation Comparison By Gender / Accounting and Finance / Cote Divoire
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/cote-divoire/accounting-and-finance/salary-comparison-by-gender-monthly-cote-divoire-accounting-and-finance.jpg Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Accounting and Finance in Cote Divoire, the average difference between the salary of male and female employees is 7%.
Male | | 360,000 XOF |
Female | -6% | 337,000 XOF |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Cote Divoire for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/cote-divoire/salary-comparison-by-gender-monthly-cote-divoire.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Cote Divoire
How much are annual salary increments in Cote Divoire for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in Cote Divoire are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/cote-divoire/accounting-and-finance/annual-salary-increment-rate-cote-divoire-accounting-and-finance.jpg 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.
Cote Divoire / All Professions
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/cote-divoire/annual-salary-increment-rate-cote-divoire.jpg 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 Cote Divoire is 2%.”
Worldwide Salary Raises: All Countries and All Jobs
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg 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 / Accounting and Finance / Cote Divoire
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/cote-divoire/accounting-and-finance/annual-salary-bonus-rate-cote-divoire-accounting-and-finance.jpg
40% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 60% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 8% of their annual salary.
Received Bonus | | 60% |
No Bonus | | 40% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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.
Hourly Average Wage / Accounting and Finance / Cote Divoire
2,020 XOF
per hour The average hourly wage (pay per hour) in Accounting and Finance in Cote Divoire is 2,020 XOF.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 in Accounting and Finance in Cote Divoire is 810 XOF. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
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 Cote Divoire is 17% on average across all career fields.
Private Sector | | 315,000 XOF |
Public Sector | +17% | 369,000 XOF |
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 in Accounting and Finance in Cote Divoire?
A good and competitive compensation would range anywhere between 318,000 XOF and 385,000 XOF. 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 jobs in Accounting and Finance in Cote Divoire ranges from 140,000 XOF to 249,000 XOF. 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