FINANCIAL ANALYST / SALARY
KENYA

SALARY SURVEYS

14

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

157.53 KES = 1 USD

3,859,650 KES

$24,501 USD

Nairobi

4,095,945 KES

1,890,363 KES

$12,000 USD

Including "Nairobi"

Excluding "Nairobi"

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Average Salary / Financial Analyst / Kenya

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Average salary for Financial Analyst / Kenya is 3,859,650 KES per year. The most typical earning is 1,890,363 KES. All data are based on 14 salary surveys. Salaries are different between men and women. Men receive an average salary of 4,977,957 KES. Women receive a salary of 2,362,954 KES.

Based on education, the highest salaries receive people with Masters Degree with salary of 7,955,280 KES. The second most paid education level is Bachelors Degree with salary of 2,221,177 KES.

Different experiences affect earning as well. People with 12-16 Years of experience receive salary of 10,979,862 KES. Employees with 4-8 Years of experience receive 5,056,722 KES.

Levels / Financial Analyst / Kenya (Gross KES)

Salary Levels (KES) per Year	Surveys	[%]
157,500 KES - 314,899 KES	0	n/a
315,100 KES - 472,399 KES	0	n/a
472,600 KES - 787,499 KES	0	n/a
787,700 KES - 1,575,099 KES	3	100% 21.43%
THE MOST TYPICAL SALARY
1,575,300 KES - 2,362,799 KES	5	78.57% 35.71%
2,363,000 KES - 3,150,399 KES	0	n/a
3,150,600 KES - 3,938,099 KES	1	42.86% 7.14%
3,938,300 KES - 4,725,799 KES	0	n/a
4,725,900 KES - 5,513,399 KES	1	35.71% 7.14%
5,513,600 KES - 6,301,099 KES	0	n/a
6,301,200 KES - 7,088,699 KES	2	28.57% 14.29%
7,088,900 KES - 7,876,399 KES	1	14.29% 7.14%
7,876,500 KES - 8,663,999 KES	0	n/a
8,664,200 KES - 9,451,699 KES	0	n/a
9,451,800 KES - 10,239,299 KES	0	n/a
10,239,500 KES - 11,026,999 KES	1	7.14% 7.14%
11,027,100 KES - 11,814,599 KES	0	n/a
11,814,800 KES - 12,602,299 KES	0	n/a
12,602,400 KES - 13,389,899 KES	0	n/a
13,390,100 KES - 14,177,599 KES	0	n/a
14,177,700 KES - 14,965,199 KES	0	n/a
14,965,400 KES - 15,752,899 KES	0	n/a
15,753,000 KES - 16,540,499 KES	0	n/a
16,540,700 KES - 17,328,199 KES	0	n/a
17,328,300 KES - 18,115,799 KES	0	n/a
18,116,000 KES - 18,903,499 KES	0	n/a
18,903,600 KES - 19,691,099 KES	0	n/a
19,691,300 KES - 20,478,799 KES	0	n/a
20,478,900 KES - 21,266,399 KES	0	n/a
21,266,600 KES - 22,054,099 KES	0	n/a
22,054,200 KES - 22,841,699 KES	0	n/a
22,841,900 KES - 23,629,399 KES	0	n/a
HIGH SALARIES
23,629,500 KES - 25,204,699 KES	0	n/a
25,204,800 KES - 26,779,999 KES	0	n/a
26,780,200 KES - 28,355,299 KES	0	n/a
28,355,500 KES - 29,930,599 KES	0	n/a
29,930,800 KES - 31,505,899 KES	0	n/a
31,506,100 KES - 33,081,199 KES	0	n/a
33,081,400 KES - 34,656,499 KES	0	n/a
34,656,700 KES - 36,231,799 KES	0	n/a
36,232,000 KES - 37,807,099 KES	0	n/a
37,807,300 KES - 39,382,399 KES	0	n/a
39,382,600 KES - 55,135,599 KES	0	n/a

Gender / Financial Analyst / Kenya (Gross KES)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	8	4,977,957 KES
2	Women	6	2,362,954 KES

Education / Financial Analyst / Kenya (Gross KES)

#		Surveys		AVERAGE SALARY / YEAR
1	Masters Degree	4	7,955,280 KES
2	Bachelors Degree	10	2,221,177 KES

Experience / Financial Analyst / Kenya (Gross KES)

#		Surveys
1	12-16 Years	1	10,979,862 KES
2	4-8 Years	5	5,056,722 KES
3	2-4 Years	5	2,441,719 KES
4	1-2 Years	2	1,874,610 KES
5	0-1 Year	1	1,874,610 KES

Age / Financial Analyst / Kenya (Gross KES)

#		Surveys
1	36-40	1	10,979,862 KES
2	31-35	2	6,742,297 KES
3	26-30	6	3,701,962 KES
4	21-25	5	1,465,031 KES

Work Type / Financial Analyst / Kenya (Gross KES)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	14	3,859,492 KES

Cities / Financial Analyst / Kenya (Gross KES)

#		Surveys
1	Nairobi	12	4,095,788 KES
2	Mombasa	1	3,764,974 KES
3	--Other--	1	1,118,465 KES

People's individual salary examples (surveys)

Financial Analyst

Posted 14 April 2022
Key knowledge and tasks

"Financial analysis."

City	Education	Experience	Knowledge	Gross salary / year
Nairobi	Masters Degree	2-4 Years	Advanced	6,555,200 KES

Group Financial Analyst

Posted 30 November 2020
Key knowledge and tasks

"CPA
CMA
CFC
MIPA
AFA."

City	Education	Experience	Knowledge	Gross salary / year
Mombasa	Bachelors Degree	4-8 Years	n/a	3,762,100 KES

Fp&a Analyst

Posted 04 February 2020
Key knowledge and tasks

"Financial Analysis
Reporting
Financial Modeling
ERP's e. g. SAP, Oracle."

City	Education	Experience	Knowledge	Gross salary / year
Nairobi	Bachelors Degree	4-8 Years	n/a	5,173,100 KES

Financial. Specialist

Posted 28 February 2019
Key knowledge and tasks

"Take charge of the affairs which needs to go to the bank counters and go to the regulators office;
Contact local commercial banks?foreign exchange management departments and capital supervision departments to keep abreast of the latest exchange control policies and relevant policies of commercial banks;
Contact tax agents or accounting firms, understanding the latest local tax policies? ensuring that tax agents or accounting firms finishing tax returns timely, enjoying the tax benefits and conveniences by law;
Preliminary review of local cost and expense reimbursement documents in accordance with local tax policy and company reimbursement policy to ensure that cost reimbursement can be deducted before income tax;."

City	Education	Experience	Knowledge	Gross salary / year
Nairobi	Bachelors Degree	2-4 Years	n/a	2,046,800 KES

Stat Programmer

Posted 27 January 2019
Key knowledge and tasks

"Programming using sas; sql."

City	Education	Experience	Knowledge	Gross salary / year
Nairobi	Bachelors Degree	2-4 Years	n/a	1,511,500 KES

Financial Analyst

Posted 07 October 2018
Key knowledge and tasks

"Creating documentation to be used to make financial decisions."

City	Education	Experience	Knowledge	Gross salary / year
Nairobi	Bachelors Degree	2-4 Years	n/a	935,300 KES

Financial Analyst

Posted 05 October 2018
Key knowledge and tasks

"Data modeling for financial and non financial data."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	2-4 Years	n/a	1,122,400 KES

Analyst

Posted 19 July 2018
Key knowledge and tasks

"Financial modelling."

City	Education	Experience	Knowledge	Gross salary / year
Nairobi	Bachelors Degree	0-1 Year	n/a	1,870,700 KES

Financial Analyst

Posted 25 September 2017
Key knowledge and tasks

"Financial analysis
Market study
Due diligence
Corporate finance."

City	Education	Experience	Knowledge	Gross salary / year
Nairobi	Bachelors Degree	1-2 Years	n/a	1,825,500 KES

Market Intelligence Analyst

Posted 16 July 2017
Key knowledge and tasks

"Premium reconciliation
Deriving key KPI indices
Maintaining MI dashboard."

City	Education	Experience	Knowledge	Gross salary / year
Nairobi	Bachelors Degree	1-2 Years	n/a	1,916,800 KES

FINANCIAL ANALYST / SALARY KENYA

14

3,859,650 KES

4,095,945 KES

1,890,363 KES

Average Salary / Financial Analyst / Kenya

Levels / Financial Analyst / Kenya (Gross KES)

Gender / Financial Analyst / Kenya (Gross KES)

Education / Financial Analyst / Kenya (Gross KES)

Experience / Financial Analyst / Kenya (Gross KES)

Age / Financial Analyst / Kenya (Gross KES)

Work Type / Financial Analyst / Kenya (Gross KES)

Cities / Financial Analyst / Kenya (Gross KES)

People's individual salary examples (surveys)

FINANCIAL ANALYST / SALARY
KENYA