HOME BROWSE SALARIES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs
Salary Increase Letters
Career Articles

Accounting and Finance Average Salaries in Sudan 2023

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


Average Monthly Salary
37,600 SDG
( 451,000 SDG yearly)

LOW
15,200
SDG
AVERAGE
37,600
SDG
HIGH
75,500
SDG

A person working in Accounting and Finance in Sudan typically earns around 37,600 SDG per month. Salaries range from 15,200 SDG (lowest average) to 75,500 SDG (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Accounting and Finance careers. 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 Examiner20,100 SDG
Account Executive33,600 SDG
Accountant27,200 SDG
Accounting Assistant21,400 SDG
Accounting Associate18,900 SDG
Accounting Clerk16,200 SDG
Accounting Coordinator24,100 SDG
Accounting Manager54,300 SDG
Accounting Supervisor36,600 SDG
Accounting Technician18,400 SDG
Accounts Executive34,300 SDG
Accounts Payable and Receivable Specialist27,300 SDG
Accounts Payable Clerk19,100 SDG
Accounts Payable Manager51,000 SDG
Accounts Receivable Clerk19,300 SDG
Accounts Receivable Manager50,700 SDG
Assistant Accounting Manager48,000 SDG
Assistant Auditor27,800 SDG
Audit Supervisor48,900 SDG
Auditing Clerk21,000 SDG
Auditing Manager56,800 SDG
Billing Coordinator23,200 SDG
Billing Specialist29,400 SDG
Billing Supervisor42,400 SDG
Bookkeeper18,300 SDG
Bookkeeping Specialist25,100 SDG
Budget Analyst48,100 SDG
Budget Manager52,400 SDG
Business Support Analyst31,300 SDG
Capital Markets Associate38,700 SDG
Cash Flow Analyst38,500 SDG
Cash Management Officer29,600 SDG
Cashbook Clerk18,700 SDG
Chartered Accountant33,100 SDG
Collections Clerk16,700 SDG
Collections Specialist27,100 SDG
Corporate Treasurer50,900 SDG
Cost Accountant25,700 SDG
Cost Accounting Manager53,200 SDG
Cost Analyst42,800 SDG
Credit and Collection Manager50,800 SDG
Credit and Collection Staff19,900 SDG
Credit and Loans Officer19,500 SDG
Credit Controller35,700 SDG
Debt Adviser43,500 SDG
Debt Collector21,300 SDG
Debtors Clerk19,300 SDG
Deputy CFO70,400 SDG
Derivative Trader45,600 SDG
Escrow Assistant24,400 SDG
External Auditor38,500 SDG
Finance Associate24,100 SDG
Finance Executive58,300 SDG
Finance Licensing Clerk18,600 SDG
Finance Licensing Manager49,400 SDG
Finance Licensing Specialist28,100 SDG
Finance Officer24,700 SDG
Finance President80,200 SDG
Finance Relationship Manager59,200 SDG
Finance Release Analyst31,900 SDG
Finance Team Leader 60,300 SDG
Financial Actuary39,700 SDG
Financial Administrator44,600 SDG
Financial Analyst49,000 SDG
Financial Applications Specialist33,400 SDG
Financial Assistant21,600 SDG
Financial Associate21,300 SDG
Financial Claims Analyst35,200 SDG
Financial Claims Manager46,800 SDG
Financial Commercial Analyst40,200 SDG
Financial Compliance Analyst43,200 SDG
Financial Consultant34,700 SDG
Financial Controller42,800 SDG
Financial Coordinator24,700 SDG
Financial Customer Service Manager49,900 SDG
Financial Dealer and Broker29,300 SDG
Financial Encoder22,500 SDG
Financial Manager71,300 SDG
Financial Operations Manager67,500 SDG
Financial Policy Analyst41,300 SDG
Financial Project Manager55,100 SDG
Financial Quantitative Analyst45,600 SDG
Financial Reporting Consultant40,200 SDG
Financial Reporting Manager50,900 SDG
Financial Services Sales Agent29,600 SDG
Fixed Assets Administrator27,600 SDG
Forensic Accountant29,900 SDG
Fraud Detection Supervisor33,800 SDG
Fraud Prevention Manager56,200 SDG
Fund Accountant26,500 SDG
Grants Coordinator19,500 SDG
Internal Auditor36,900 SDG
Internal Control Adviser43,100 SDG
Internal Control Officer24,000 SDG
Inventory Accountant26,900 SDG
Investment Analyst55,200 SDG
Investment Fund Manager58,200 SDG
Investment Underwriter22,300 SDG
Investor34,500 SDG
Investor Relations Manager54,000 SDG
KYC Team Leader54,100 SDG
Management Economist62,500 SDG
Paymaster22,500 SDG
Payroll Clerk22,800 SDG
Payroll Manager48,200 SDG
Pensions Administrator28,400 SDG
Pricing Analyst43,700 SDG
Private Equity Analyst48,200 SDG
Proposal Development Coordinator23,900 SDG
Receivables Accountant23,700 SDG
Regulatory Accountant29,700 SDG
Retirement Plan Analyst43,700 SDG
Revenue Management Specialist45,700 SDG
Revenue Recognition Analyst47,700 SDG
Risk Management Director64,900 SDG
Risk Management Supervisor53,700 SDG
Tax Accountant26,200 SDG
Tax Advisor39,700 SDG
Tax Associate23,600 SDG
Tax Manager55,700 SDG
Teller16,400 SDG
Treasury Accountant27,900 SDG
Treasury Analyst43,200 SDG
Underwriter18,800 SDG
Underwriting Assistant17,700 SDG
Vice President of Finance75,200 SDG

Accounting and Finance Jobs Salary Distribution in Sudan

Median and salary distribution monthly Sudan Accounting and Finance
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sudan/accounting-and-finance/median-and-salary-distribution-monthly-sudan-accounting-and-finance.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Accounting and Finance salaries in Sudan range from 15,200 SDG per month (minimum average salary) to 75,500 SDG per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 34,600 SDG per month, which means that half (50%) of people working in Accounting and Finance are earning less than 34,600 SDG while the other half are earning more than 34,600 SDG. 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.

  • Percentiles

    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 22,400 SDG while 75% of them are earning more than 22,400 SDG. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 50,600 SDG while 25% are earning more than 50,600 SDG.


What is the difference between the median and the average salary?

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 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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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 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.


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.

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.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg

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 degrees levels across many jobs, below are our findings.


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.

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 cerificate 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 Sudan costs anywhere from 182,000 Sudanese Pound(s) to 547,000 Sudanese Pound(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you 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 into 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 your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Accounting and Finance Salary Comparison By Gender

Salary comparison by gender monthly Sudan Accounting and Finance
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sudan/accounting-and-finance/salary-comparison-by-gender-monthly-sudan-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? Male employees in Sudan who work in Accounting and Finance earn 10% more than their female counterparts on average.

Male
39,000 SDG
Female-9%
35,400 SDG
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Sudan for all Careers

Salary comparison by gender monthly Sudan
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sudan/salary-comparison-by-gender-monthly-sudan.jpg

Accounting and Finance Average Annual Salary Increment Percentage in Sudan

How much are annual salary increments in Sudan for Accounting and Finance professionals? How often do employees get salary raises?

Accounting and Finance

Accounting and Finance professionals in Sudan 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.

Annual Salary Increment Rate Sudan Accounting and Finance
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sudan/accounting-and-finance/annual-salary-increment-rate-sudan-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.

Sudan / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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 Sudan is 2%.

Annual Increment Rate By Industry 2022

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Listed above are the average annual increase rates for each industry in Sudan for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Accounting and Finance Bonus and Incentive Rates in Sudan

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Sudan Accounting and Finance
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sudan/accounting-and-finance/annual-salary-bonus-rate-sudan-accounting-and-finance.jpg

Accounting and Finance is considered to be a high bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

44% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 56% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 7% of their annual salary.

Received Bonus
56%
No Bonus
44%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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 GeneratorsSupporting 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.

Accounting and Finance Hourly Average Wage in Sudan


220 SDG per hour

The average hourly wage (pay per hour) in Sudan is 220 SDG. This means that the average person in Sudan earns approximately 220 SDG for every worked hour.


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

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 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 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.

Accounting and Finance VS Other Jobs

Salary Comparison Between Accounting and Finance and Accounting and Finance monthly Sudan
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sudan/accounting-and-finance/salary-comparison-between-accounting-and-finance-and-accounting-and-finance-monthly-sudan.jpg

The average salary for Accounting and Finance is 3% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Al Khartoom44,800 SDG

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Sudan earn 10% more than their private sector counterparts on average across all sectors.

Private Sector
35,400 SDG
Public Sector+10%
39,000 SDG
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2023