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Accounting and Finance Average Salaries in Kenya 2019

How much money does a person working in Accounting and Finance make in Kenya?

143,327 KES per month
Average Monthly Salary
A person working in Accounting and Finance in Kenya typically earns around 143,327 KES per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different Accounting and Finance jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Account Examiner93,026 KES
Account Executive142,130 KES
Accountant105,188 KES
Accounting Assistant102,368 KES
Accounting Associate106,006 KES
Accounting Clerk75,605 KES
Accounting Coordinator83,548 KES
Accounting Manager191,201 KES
Accounting Supervisor136,146 KES
Accounting Technician88,756 KES
Accounts Executive127,698 KES
Accounts Payable and Receivable Specialist121,764 KES
Accounts Payable Clerk75,521 KES
Accounts Payable Manager154,607 KES
Accounts Receivable Clerk82,881 KES
Accounts Receivable Manager167,574 KES
Assistant Accounting Manager130,405 KES
Assistant Auditor110,463 KES
Audit Supervisor191,002 KES
Auditing Clerk96,418 KES
Auditing Manager209,276 KES
Billing Coordinator126,869 KES
Billing Specialist112,437 KES
Billing Supervisor149,330 KES
Bookkeeper83,404 KES
Bookkeeping Specialist101,451 KES
Budget Analyst118,124 KES
Budget Manager174,619 KES
Business Support Analyst134,793 KES
Capital Markets Associate162,314 KES
Cash Flow Analyst148,716 KES
Cash Management Officer142,541 KES
Cashbook Clerk99,109 KES
Chartered Accountant132,576 KES
Collections Clerk74,744 KES
Collections Specialist97,322 KES
Corporate Treasurer257,064 KES
Cost Accountant121,942 KES
Cost Accounting Manager157,835 KES
Cost Analyst150,232 KES
Credit and Collection Manager169,105 KES
Credit and Collection Staff84,757 KES
Credit and Loans Officer85,439 KES
Credit Controller150,194 KES
Debt Adviser188,675 KES
Debt Collector134,276 KES
Debtors Clerk109,785 KES
Deputy CFO259,399 KES
Derivative Trader201,496 KES
Escrow Assistant124,174 KES
External Auditor155,786 KES
Finance Associate112,921 KES
Finance Executive250,019 KES
Finance Licensing Clerk95,888 KES
Finance Licensing Manager155,083 KES
Finance Licensing Specialist123,435 KES
Finance Officer174,460 KES
Finance President288,921 KES
Finance Relationship Manager216,989 KES
Finance Release Analyst146,958 KES
Finance Team Leader 161,378 KES
Financial Actuary142,801 KES
Financial Administrator132,853 KES
Financial Analyst156,180 KES
Financial Applications Specialist107,336 KES
Financial Assistant89,127 KES
Financial Associate108,115 KES
Financial Claims Analyst145,668 KES
Financial Claims Manager166,854 KES
Financial Commercial Analyst134,406 KES
Financial Compliance Analyst147,344 KES
Financial Consultant144,104 KES
Financial Controller137,993 KES
Financial Coordinator130,276 KES
Financial Customer Service Manager184,340 KES
Financial Dealer and Broker132,121 KES
Financial Encoder88,509 KES
Financial Manager311,356 KES
Financial Operations Manager215,582 KES
Financial Policy Analyst148,040 KES
Financial Project Manager141,122 KES
Financial Quantitative Analyst161,226 KES
Financial Reporting Consultant148,982 KES
Financial Reporting Manager179,906 KES
Financial Services Sales Agent136,430 KES
Fixed Assets Administrator121,021 KES
Forensic Accountant122,306 KES
Fraud Detection Supervisor145,135 KES
Fraud Prevention Manager223,977 KES
Fund Accountant105,169 KES
Grants Coordinator100,117 KES
Internal Auditor159,411 KES
Internal Control Adviser162,786 KES
Internal Control Officer138,734 KES
Inventory Accountant242,313 KES
Investment Analyst189,217 KES
Investment Fund Manager195,661 KES
Investment Underwriter88,771 KES
Investor140,551 KES
Investor Relations Manager189,479 KES
KYC Team Leader187,040 KES
Management Economist168,650 KES
Paymaster116,875 KES
Payroll Clerk85,147 KES
Payroll Manager146,594 KES
Pensions Administrator117,489 KES
Pricing Analyst159,413 KES
Private Equity Analyst162,238 KES
Proposal Development Coordinator115,579 KES
Receivables Accountant101,641 KES
Regulatory Accountant116,667 KES
Retirement Plan Analyst158,856 KES
Revenue Management Specialist134,786 KES
Revenue Recognition Analyst186,125 KES
Risk Management Director242,076 KES
Risk Management Supervisor187,910 KES
Tax Accountant112,003 KES
Tax Advisor149,868 KES
Tax Associate121,127 KES
Tax Manager227,489 KES
Teller65,896 KES
Treasury Accountant115,200 KES
Treasury Analyst159,964 KES
Underwriter87,285 KES
Underwriting Assistant80,738 KES
Vice President of Finance223,575 KES

Accounting and Finance Jobs Salary Distribution in Kenya

Median and salary distribution monthly Kenya Accounting and Finance

Abount These Figures: Salary Range, Median and Percentiles

The Accounting and Finance salaries in Kenya range between 65,555 KES per month (minimum salary) to 304,108 KES per month (maximum salary).

The median salary is 140,461 KES per month, which means that half (50%) of people working in Accounting and Finance are earning less than 140,461 KES while the other half are earning more than 140,461 KES. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Accounting and Finance are earning less than 92,707 KES while 75% of them are earning more than 92,707 KES. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 213,393 KES while 25% are earning more than 213,393 KES.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Accounting and Finance Salary Forecast and Trend in Kenya

How do Accounting and Finance salaries change over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Kenya Accounting and Finance
Average Salary 2016    =  
131,941 KES
Average Salary 2017    +4%  
136,823 KES
Average Salary 2018    +2%  
139,423 KES
Average Salary 2019    +3%  
143,327 KES
Percentage increase and decrease are relative to the previous value
Accounting and Finance salaries in Kenya are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Accounting and Finance Hourly Average Wage in Kenya

827 KES per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Kenya for Accounting and Finance is 827 KES. This means that the average person in Kenya earns approximatly 827 KES for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix 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 annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Accounting and Finance VS Other Jobs

Salary Comparison Between Accounting and Finance and Accounting and Finance monthly KenyaWe compared Kenya salaries for Accounting and Finance and All Jobs and we found that Accounting and Finance salaries are 3% less than those of All Jobs.

Salary Comparison By City

CityAverage Salary
Kisumu138,978 KES
Mombasa156,209 KES
Nairobi170,784 KES
113739 - 231
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