Average Finance Manager Salary in Kenya

Annual Base Salary - Ksh 2,456,764.00/year

The average annual salary of Finance Manager is Ksh 2,456,764.00

Ksh 317,200.00
Low
Ksh 2,456,764.00
Average
Ksh 6,360,000.00
High

The starting salary of Finance Manager is between Ksh 269,620.00 and Ksh 317,200.00 whereas the maximum salary range is between Ksh 6,360,000.00 and Ksh 7,314,000.00.

Minimum Annual PayMaximum Annual Pay
Ksh 269,620.00Ksh 7,314,000.00
Average Hourly Pay - Ksh 597.00/hour

The average hourly pay of Finance Manager is Ksh 597.00.

Ksh 0.00
Low
Ksh 597.00
Average
Ksh 619.30
High

The maximum hourly wage is between Ksh 619.30 and Ksh 712.00.

Minimum Hourly PayMaximum Hourly Pay
Ksh 0.00Ksh 712.00
Bonus Range: Tooltip
Ksh 15,600.00 - Ksh 899,850.00
Ksh 15,600.00
Ksh 7,314,000.00
Profit Sharing: Tooltip
Ksh 52,920.00 - Ksh 1,080,000.00
Ksh 52,920.00
Ksh 7,314,000.00
  • Currency : KES
  • Annual Salary : Ksh 2,456,764.00
  • Hourly Pay : Ksh 597.00
  • Weekly Pay : Ksh 43,344.00
  • Fortnightly Salary : Ksh 86,689.00
  • Monthly Salary : Ksh 187,826.00

Finance Manager Salary Comparison by Gender

Female
Male

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 58% while of female is only 42%.

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 1,003,200.00.

Once the experience reaches 5-9 years Finance Manager salary would increase again to a total of Ksh 2,460,514.17, adding Ksh 1,457,314.17 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 3,749,736.22.

And finally, once the Finance Manager gains 20 years of experience or more, their salary would reach Ksh 6,088,588.73.

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 31% comparatively. Therefore, one’s salary would greatly depend on their skills in Budgeting.

The skill least likely to affect one’s pay would be Financial Analysis with 4%. 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 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 982,706.00 whereas the highest earning is Ksh 6,363,019.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of Ksh 6,363,019.00 at 159%. So to summerize, Early Career earns 60% less than the average salary, Mid Carrer earns 4% more than the average salary, Late Career earns 61% more than the average salary, Experienced earns 159% more than the average salary.

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