Average Finance Officer Salary in Kenya
The average annual salary of Finance Officer is Ksh 945,000.00
The starting salary of Finance Officer is between Ksh 91,724.00 and Ksh 107,910.00 whereas the maximum salary range is between Ksh 3,120,000.00 and Ksh 3,588,000.00.
| Minimum Annual Pay | Maximum Annual Pay |
|---|---|
| Ksh 91,724.00 | Ksh 3,588,000.00 |
The average hourly pay of Finance Officer is Ksh 260.00.
The starting hourly rate is between Ksh 77.00 and Ksh 90.64 for Finance Officer whereas the maximum hourly wage is between Ksh 2,200.00 and Ksh 2,530.00.
| Minimum Hourly Pay | Maximum Hourly Pay |
|---|---|
| Ksh 77.00 | Ksh 2,530.00 |
- Currency : KES
- Annual Salary : Ksh 945,000.00
- Hourly Pay : Ksh 260.00
- Weekly Pay : Ksh 17,308.00
- Fortnightly Salary : Ksh 34,615.00
- Monthly Salary : Ksh 75,000.00
Finance Officer Salary Comparison by Gender
This pie chart demonstrates the gender share for Finance Officer. 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 Officer 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 Officer 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 Officer having experience between 1-4 years, their salary is around Ksh 635,341.12.
Once the experience reaches 5-9 years Finance Officer salary would increase again to a total of Ksh 1,265,894.40, adding Ksh 630,553.28 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 1,298,971.63.
Prominent Skills Affecting Finance Officer Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Finance Officer's salary. It clearly highlights the skills needed for a post of Finance Officer when hired by an employer.
The most vital skill expected of Finance Officer is Accounting which impacts the most than the rest of the skills indicated with a staggering 117% comparatively. Therefore, one’s salary would greatly depend on their skills in Accounting.
The skill least likely to affect one’s pay would be Payroll Administration with 9%. It can be said that Payroll Administration 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 Officer. 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 633,150.00 whereas the highest earning is Ksh 1,313,550.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of Ksh 1,313,550.00 at 39%. So to summerize, Early Career earns 33% less than the average salary, Mid Carrer earns 35% more than the average salary, Late Career earns 39% more than the average salary.
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