Average Finance Manager with Accounting Skills Salary in Kenya
The average annual salary of Finance Manager is Ksh 2,504,644.00
The starting salary of Finance Manager is between Ksh 544,204.00 and Ksh 640,240.00 whereas the maximum salary range is between Ksh 6,420,000.00 and Ksh 7,383,000.00.
| Minimum Annual Pay | Maximum Annual Pay |
|---|---|
| Ksh 544,204.00 | Ksh 7,383,000.00 |
The average hourly pay of Finance Manager is Ksh 585.74.
The maximum hourly wage is between Ksh 613.67 and Ksh 706.00.
| Minimum Hourly Pay | Maximum Hourly Pay |
|---|---|
| Ksh 0.00 | Ksh 706.00 |
- Currency : KES
- Annual Salary : Ksh 2,504,644.00
- Hourly Pay : Ksh 585.74
- Weekly Pay : Ksh 45,015.00
- Fortnightly Salary : Ksh 90,030.00
- Monthly Salary : Ksh 195,066.00
Finance Manager Salary Comparison by Gender
This pie chart demonstrates the gender share for Finance Manager. 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 Finance Manager compared to female. Their involvement is 62% while of female is only 38%.
Salary Distribution Based on Years of Experience
The line graph shows Finance Manager 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 Finance Manager having experience between 1-4 years, their salary is around Ksh 909,150.00.
Once the experience reaches 5-9 years Finance Manager salary would increase again to a total of Ksh 2,289,057.15, adding Ksh 1,379,907.15 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 3,351,600.00.
And finally, once the Finance Manager gains 20 years of experience or more, their salary would reach Ksh 5,204,064.00.
Prominent Skills Affecting Finance Manager Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Finance Manager's salary. It clearly highlights the skills needed for a post of Finance Manager when hired by an employer.
The most vital skill expected of Finance Manager is Budgeting which impacts the most than the rest of the skills indicated with a staggering 24% comparatively. Therefore, one’s salary would greatly depend on their skills in Budgeting.
The skill least likely to affect one’s pay would be Forecasting with 4%. It can be said that Forecasting 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 Finance Manager. 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 851,579.00 whereas the highest earning is Ksh 5,334,892.00 which clearly shows the salary increases with the level of expertise.
Experienced person will earn the maximum salary of Ksh 5,334,892.00 at 113%. So to summerize, Early Career earns 66% less than the average salary, Mid Carrer earns 7% less than the average salary, Late Career earns 38% more than the average salary, Experienced earns 113% more than the average salary.