Average Accountant with Financial Reporting Skills Salary in Kenya
The average annual salary of Accountant is Ksh 535,890.00
The starting salary of Accountant is between Ksh 108,231.00 and Ksh 127,330.00 whereas the maximum salary range is between Ksh 2,160,000.00 and Ksh 2,484,000.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
Ksh 108,231.00 | Ksh 2,484,000.00 |
The average hourly pay of Accountant is Ksh 325.00.
The starting hourly rate is between Ksh 94.00 and Ksh 110.16 for Accountant whereas the maximum hourly wage is between Ksh 2,180.00 and Ksh 2,507.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
Ksh 94.00 | Ksh 2,507.00 |
- Currency : KES
- Annual Salary : Ksh 535,890.00
- Hourly Pay : Ksh 325.00
- Weekly Pay : Ksh 9,631.00
- Fortnightly Salary : Ksh 19,263.00
- Monthly Salary : Ksh 41,736.00
Accountant Salary Comparison by Gender
This pie chart demonstrates the gender share for Accountant. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Accountant compared to female. Their involvement is 58% while of female is only 42%.
Salary Distribution Based on Years of Experience
The line graph shows Accountant salary in Kenya on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Accountant working less than a year in a company, you notice that their annual salary starts around Ksh 293,280.00.
As the years of experience reaches 1 to 4, there is a significant increase of Ksh 194,589.09 which would give a total wage of KES4,87,869.09.
Once the experience reaches 5-9 years Accountant salary would increase again to a total of Ksh 633,189.22, adding Ksh 145,320.13 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of Ksh 837,991.13.
And finally, once the Accountant gains 20 years of experience or more, their salary would reach Ksh 1,262,430.00.
Prominent Skills Affecting Accountant Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Accountant's salary. It clearly highlights the skills needed for a post of Accountant when hired by an employer.
The most vital skill expected of Accountant is Tax Compliance which impacts the most than the rest of the skills indicated with a staggering 48% comparatively. Therefore, one’s salary would greatly depend on their skills in Tax Compliance.
The skill least likely to affect one’s pay would be Financial Analysis with 3%. It can be said that Financial Analysis skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Accountant. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is Ksh 294,740.00 whereas the highest earning is Ksh 1,302,213.00 which clearly shows the salary increases with the level of expertise.
Experienced person will earn the maximum salary of Ksh 1,302,213.00 at 143%. So to summerize, Entry Level earns 45% less than the average salary, Early Career earns 6% less than the average salary, Mid Carrer earns 21% more than the average salary, Late Career earns 61% more than the average salary, Experienced earns 143% more than the average salary.
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