Home > Salary > Ethiopia > Fund Accounting Manager
A fund accounting manager is responsible for overseeing the financial operations of investment funds. They ensure accurate and timely recording of financial transactions, monitor fund performance, and prepare financial statements and reports for both internal and external stakeholders. Fund accounting managers also collaborate with investment managers and auditors to ensure compliance with regulatory requirements and industry standards. They play a crucial role in managing cash flows, reconciling accounts, and resolving any discrepancies. Additionally, they may be involved in budgeting, forecasting, and analyzing fund performance to provide insights and recommendations for improvement.
Estimated Yearly Salary: 197,938 ETB
Estimated Monthly Salary: 16,495 ETB
Estimated Weekly Salary: 3,807 ETB per week
Estimated Hourly Salary: 95 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,905 ETB
Estimated Weekly Salary: 3,670 ETB per week
Estimated Hourly Salary: 92 ETB per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 3,291 USD
Estimated Monthly Salary: 274 USD
Estimated Weekly Salary: 63 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 197,938 ETB
Estimated Monthly Salary: 16,495 ETB
Estimated Weekly Salary: 3,807 ETB per week
Estimated Hourly Salary: 95 ETB per hour
By working as Fund Accounting Manager a person can save up to 197 USD per month or 2,369 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Fund Accounting Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Director of campus ministry (92,940 ETB per year, pre-tax.)
Childcare teacher (37,188 ETB per year, pre-tax.)
Director physical therapy (143,182 ETB per year, pre-tax.)
Automotive finance manager (95,777 ETB per year, pre-tax.)
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Fund Accounting Manager salary in Ethiopia
Average Yearly Salary of Fund Accounting Manager in Ethiopia is approximately 197,938 ETB (3,291 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Fund Accounting Manager do?
A fund accounting manager is responsible for overseeing the financial operations of investment funds. They ensure accurate and timely recording of financial transactions, monitor fund performance, and prepare financial statements and reports for both internal and external stakeholders. Fund accounting managers also collaborate with investment managers and auditors to ensure compliance with regulatory requirements and industry standards. They play a crucial role in managing cash flows, reconciling accounts, and resolving any discrepancies. Additionally, they may be involved in budgeting, forecasting, and analyzing fund performance to provide insights and recommendations for improvement.
Skills: Fund accounting, Financial operations, Investment funds, Financial statements, Compliance, Cash flow management.
Job industry: Finance
Job industry: Finance
How much does Fund Accounting Manager make?
Salary details
How much does Fund Accounting Manager make?Estimated Yearly Salary: 197,938 ETB
Estimated Monthly Salary: 16,495 ETB
Estimated Weekly Salary: 3,807 ETB per week
Estimated Hourly Salary: 95 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 190,860 ETBEstimated Monthly Salary: 15,905 ETB
Estimated Weekly Salary: 3,670 ETB per week
Estimated Hourly Salary: 92 ETB per hour
Last revision of data: 2024-01-09Fund Accounting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,291 USD
Estimated Monthly Salary: 274 USD
Estimated Weekly Salary: 63 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Fund Accounting Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Fund Accounting Manager in Ethiopia earns on average:
1.88 times the average salary (or 188% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Fund Accounting Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Fund Accounting Manager in Ethiopia earns on average:
1.88 times the average salary (or 188% of average salary).
Is Fund Accounting Manager a well paid job?
Yes, our data shows that Fund Accounting Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Fund Accounting Manager?
High salary for Fund Accounting Manager would be somewhere between 217,732 ETB and 287,010 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Fund Accounting Manager in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 197,938 ETB
Estimated Monthly Salary: 16,495 ETB
Estimated Weekly Salary: 3,807 ETB per week
Estimated Hourly Salary: 95 ETB per hour
By working as Fund Accounting Manager a person can save up to 197 USD per month or 2,369 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Fund Accounting Manager
Sudan is 1,308 USD
Kenya is 10,282 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Director of campus ministry (92,940 ETB per year, pre-tax.)
Childcare teacher (37,188 ETB per year, pre-tax.)
Director physical therapy (143,182 ETB per year, pre-tax.)
Automotive finance manager (95,777 ETB per year, pre-tax.)
Senior cloud software engineer (247,258 ETB per year, pre-tax.)
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The salary data on this site is intended for reference purposes only. We provide salary insights derived from multiple datasets, but cannot guarantee absolute precision. Users should consistently verify salary details with other reliable sources before making financial choices. Variations in salary figures may arise due to several factors, including company policies, market demand, and individual skills. We do not extend any guarantee regarding the entirety of the displayed salary data. Use of optisalary.com constitutes acceptance of these conditions.