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Accounting and Finance Average Salaries in Uganda 2019

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

3,635,379 UGX per month
Average Monthly Salary
A person working in Accounting and Finance in Uganda typically earns around 3,635,379 UGX 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 Examiner2,204,966 UGX
Account Executive3,690,050 UGX
Accountant2,558,064 UGX
Accounting Assistant2,524,710 UGX
Accounting Associate2,558,064 UGX
Accounting Clerk1,890,125 UGX
Accounting Coordinator1,980,311 UGX
Accounting Manager4,849,663 UGX
Accounting Supervisor3,375,223 UGX
Accounting Technician2,321,017 UGX
Accounts Executive3,301,992 UGX
Accounts Payable and Receivable Specialist2,984,408 UGX
Accounts Payable Clerk1,942,423 UGX
Accounts Payable Manager4,030,329 UGX
Accounts Receivable Clerk1,980,311 UGX
Accounts Receivable Manager4,064,295 UGX
Assistant Accounting Manager3,221,455 UGX
Assistant Auditor2,795,111 UGX
Audit Supervisor4,974,013 UGX
Auditing Clerk2,510,882 UGX
Auditing Manager5,211,061 UGX
Billing Coordinator2,925,374 UGX
Billing Specialist2,863,795 UGX
Billing Supervisor3,510,048 UGX
Bookkeeper1,989,605 UGX
Bookkeeping Specialist2,652,997 UGX
Budget Analyst3,156,324 UGX
Budget Manager4,275,463 UGX
Business Support Analyst3,410,752 UGX
Capital Markets Associate3,932,029 UGX
Cash Flow Analyst3,695,166 UGX
Cash Management Officer3,641,688 UGX
Cashbook Clerk2,250,329 UGX
Chartered Accountant3,105,205 UGX
Collections Clerk1,845,302 UGX
Collections Specialist2,448,110 UGX
Corporate Treasurer6,466,402 UGX
Cost Accountant2,925,374 UGX
Cost Accounting Manager4,026,393 UGX
Cost Analyst3,884,662 UGX
Credit and Collection Manager4,140,454 UGX
Credit and Collection Staff2,025,134 UGX
Credit and Loans Officer2,025,134 UGX
Credit Controller3,690,050 UGX
Debt Adviser4,642,602 UGX
Debt Collector3,350,353 UGX
Debtors Clerk2,816,045 UGX
Deputy CFO6,537,275 UGX
Derivative Trader4,995,331 UGX
Escrow Assistant3,031,590 UGX
External Auditor3,933,023 UGX
Finance Associate2,817,239 UGX
Finance Executive6,312,066 UGX
Finance Licensing Clerk2,368,767 UGX
Finance Licensing Manager3,884,662 UGX
Finance Licensing Specialist2,835,188 UGX
Finance Officer4,370,026 UGX
Finance President7,389,778 UGX
Finance Relationship Manager5,080,784 UGX
Finance Release Analyst3,505,685 UGX
Finance Team Leader 3,825,073 UGX
Financial Actuary3,555,055 UGX
Financial Administrator3,301,992 UGX
Financial Analyst3,833,728 UGX
Financial Applications Specialist2,494,112 UGX
Financial Assistant2,321,017 UGX
Financial Associate2,864,989 UGX
Financial Claims Analyst3,464,045 UGX
Financial Claims Manager4,026,393 UGX
Financial Commercial Analyst3,268,637 UGX
Financial Compliance Analyst3,837,096 UGX
Financial Consultant3,375,223 UGX
Financial Controller3,641,688 UGX
Financial Coordinator3,301,992 UGX
Financial Customer Service Manager4,500,487 UGX
Financial Dealer and Broker3,195,391 UGX
Financial Encoder2,025,134 UGX
Financial Manager7,290,482 UGX
Financial Operations Manager5,130,339 UGX
Financial Policy Analyst3,648,609 UGX
Financial Project Manager3,600,049 UGX
Financial Quantitative Analyst3,915,259 UGX
Financial Reporting Consultant3,694,981 UGX
Financial Reporting Manager4,433,978 UGX
Financial Services Sales Agent3,410,752 UGX
Fixed Assets Administrator2,880,011 UGX
Forensic Accountant2,863,795 UGX
Fraud Detection Supervisor3,593,327 UGX
Fraud Prevention Manager5,085,516 UGX
Fund Accountant2,678,677 UGX
Grants Coordinator2,415,949 UGX
Internal Auditor3,690,064 UGX
Internal Control Adviser4,030,329 UGX
Internal Control Officer3,150,028 UGX
Inventory Accountant6,069,675 UGX
Investment Analyst4,952,696 UGX
Investment Fund Manager4,942,222 UGX
Investment Underwriter2,273,835 UGX
Investor3,464,045 UGX
Investor Relations Manager4,736,966 UGX
KYC Team Leader4,612,999 UGX
Management Economist4,216,258 UGX
Paymaster2,842,293 UGX
Payroll Clerk2,226,653 UGX
Payroll Manager3,884,662 UGX
Pensions Administrator2,937,226 UGX
Pricing Analyst4,224,358 UGX
Private Equity Analyst4,064,295 UGX
Proposal Development Coordinator2,889,475 UGX
Receivables Accountant2,510,882 UGX
Regulatory Accountant2,863,795 UGX
Retirement Plan Analyst3,933,023 UGX
Revenue Management Specialist3,060,382 UGX
Revenue Recognition Analyst4,952,696 UGX
Risk Management Director5,625,552 UGX
Risk Management Supervisor4,433,978 UGX
Tax Accountant2,632,674 UGX
Tax Advisor3,510,232 UGX
Tax Associate2,889,475 UGX
Tax Manager5,447,539 UGX
Teller1,620,107 UGX
Treasury Accountant2,880,011 UGX
Treasury Analyst3,879,730 UGX
Underwriter2,226,653 UGX
Underwriting Assistant2,087,707 UGX
Vice President of Finance5,535,366 UGX

Accounting and Finance Jobs Salary Distribution in Uganda

Median and salary distribution monthly Uganda Accounting and Finance

Abount These Figures: Salary Range, Median and Percentiles

The Accounting and Finance salaries in Uganda range between 1,662,742 UGX per month (minimum salary) to 7,713,458 UGX per month (maximum salary).

The median salary is 3,780,794 UGX per month, which means that half (50%) of people working in Accounting and Finance are earning less than 3,780,794 UGX while the other half are earning more than 3,780,794 UGX. 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 2,449,591 UGX while 75% of them are earning more than 2,449,591 UGX. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 6,206,896 UGX while 25% are earning more than 6,206,896 UGX.

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 Uganda

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 Uganda Accounting and Finance
Average Salary 2016    =  
3,259,968 UGX
Average Salary 2017    +4%  
3,380,587 UGX
Average Salary 2018    +4%  
3,505,669 UGX
Average Salary 2019    +4%  
3,635,379 UGX
Percentage increase and decrease are relative to the previous value
Accounting and Finance salaries in Uganda are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% 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 Uganda

20,973 UGX per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Uganda for Accounting and Finance is 20,973 UGX. This means that the average person in Uganda earns approximatly 20,973 UGX 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 UgandaWe compared Uganda 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
Kampala3,912,786 UGX
4750000 - 13
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