Average Financial Accountant Salary in Kenya
The average annual salary of Financial Accountant is Ksh 898,701.00
The starting salary of Financial Accountant is between Ksh 35,139.00 and Ksh 41,340.00 whereas the maximum salary range is between Ksh 4,160,000.00 and Ksh 4,784,000.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
Ksh 35,139.00 | Ksh 4,784,000.00 |
Financial Accountant Salary Comparison by Gender
This pie chart demonstrates the gender share for Financial 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 Financial Accountant compared to female. Their involvement is 54% while of female is only 46%.
Salary Distribution Based on Years of Experience
The line graph shows Financial 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 Financial Accountant having experience between 1-4 years, their salary is around Ksh 500,640.00.
Once the experience reaches 5-9 years Financial Accountant salary would increase again to a total of Ksh 1,260,000.00, adding Ksh 759,360.00 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 837,112.50.
Prominent Skills Affecting Financial Accountant Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Financial Accountant's salary. It clearly highlights the skills needed for a post of Financial Accountant when hired by an employer.
The most vital skill expected of Financial Accountant is Month-End Close which impacts the most than the rest of the skills indicated with a staggering 127% comparatively. Therefore, one’s salary would greatly depend on their skills in Month-End Close.
The skill least likely to affect one’s pay would be Financial Reporting with 57%. It can be said that Financial Reporting 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 Financial 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 476,312.00 whereas the highest earning is Ksh 1,258,181.00 which clearly shows the salary increases with the level of expertise.
Mid Carrer person will earn the maximum salary of Ksh 1,258,181.00 at 40%. So to summerize, Early Career earns 47% less than the average salary, Mid Carrer earns 40% more than the average salary, Late Career earns 11% less than the average salary.
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