Home > Salary > Kenya > Cash Management Officer
A cash management officer is responsible for overseeing and managing the daily cash flow operations of a company. They ensure that there is enough liquidity to meet financial obligations, while also maximizing returns on excess funds. Their main duties include monitoring cash balances, forecasting cash needs, managing bank accounts, initiating and approving payments, and reconciling cash transactions.
The cash management officer works closely with the finance team to develop cash management strategies, optimize cash flows, and mitigate risks. They are also responsible for maintaining relationships with banks and other financial institutions, negotiating terms and conditions, and staying updated on industry trends and best practices.
Estimated Yearly Salary: 1,206,921 KES
Estimated Monthly Salary: 100,577 KES
Estimated Weekly Salary: 23,210 KES per week
Estimated Hourly Salary: 580 KES per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 97,302 KES
Estimated Weekly Salary: 22,454 KES per week
Estimated Hourly Salary: 561 KES per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 7,661 USD
Estimated Monthly Salary: 638 USD
Estimated Weekly Salary: 147 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 1,206,921 KES
Estimated Monthly Salary: 100,577 KES
Estimated Weekly Salary: 23,210 KES per week
Estimated Hourly Salary: 580 KES per hour
By working as Cash Management Officer a person can save up to 398 USD per month or 4,781 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 Kenya, see costs of living in Kenya.
Estimated Yearly Salary for Cash Management Officer
Last revision of data: 2025-01-04
Data as of 2025
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Cash Management Officer salary in Kenya
Average Yearly Salary of Cash Management Officer in Kenya is approximately 1,206,921 KES (7,661 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 Cash Management Officer do?
A cash management officer is responsible for overseeing and managing the daily cash flow operations of a company. They ensure that there is enough liquidity to meet financial obligations, while also maximizing returns on excess funds. Their main duties include monitoring cash balances, forecasting cash needs, managing bank accounts, initiating and approving payments, and reconciling cash transactions.
The cash management officer works closely with the finance team to develop cash management strategies, optimize cash flows, and mitigate risks. They are also responsible for maintaining relationships with banks and other financial institutions, negotiating terms and conditions, and staying updated on industry trends and best practices.
Skills: cash management, liquidity management, cash flow forecasting, payment processing, financial operations, risk mitigation
Job industry: Banking
Job industry: Banking
How much does Cash Management Officer make?
Salary details
How much does Cash Management Officer make?Estimated Yearly Salary: 1,206,921 KES
Estimated Monthly Salary: 100,577 KES
Estimated Weekly Salary: 23,210 KES per week
Estimated Hourly Salary: 580 KES per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,167,620 KESEstimated Monthly Salary: 97,302 KES
Estimated Weekly Salary: 22,454 KES per week
Estimated Hourly Salary: 561 KES per hour
Last revision of data: 2024-01-08Cash Management Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,661 USD
Estimated Monthly Salary: 638 USD
Estimated Weekly Salary: 147 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Kenya is a country located in East Africa. It has a diverse population of approximately 53 million people. The land area of Kenya is around 580,367 square kilometers, making it the 48th largest country in the world. It is bordered by Ethiopia to the north, Somalia to the northeast, Tanzania to the south, Uganda to the west, and South Sudan to the northwest.
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Cash Management Officer job salary compared to average salary in Kenya.
Comparison shows that a person working as Cash Management Officer in Kenya earns on average:
1.39 times the average salary (or 139% of average salary).
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Cash Management Officer job salary compared to average salary in Kenya.
Comparison shows that a person working as Cash Management Officer in Kenya earns on average:
1.39 times the average salary (or 139% of average salary).
Is Cash Management Officer a well paid job?
Yes, our data shows that Cash Management Officer 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 Cash Management Officer?
High salary for Cash Management Officer would be somewhere between 1,327,613 KES and 1,750,035 KES. However this is an estimation based on Gaussian Distribution.How much can you save working as Cash Management Officer in Kenya?
Living in Kenya the approximate monthly expenses are: 240 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: 1,206,921 KES
Estimated Monthly Salary: 100,577 KES
Estimated Weekly Salary: 23,210 KES per week
Estimated Hourly Salary: 580 KES per hour
By working as Cash Management Officer a person can save up to 398 USD per month or 4,781 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 Kenya, see costs of living in Kenya.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ethiopia, Somalia, South Sudan, Tanzania, Uganda.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Cash Management Officer
Ethiopia is 2,443 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 Kenya
(9,866,711 KES per year, pre-tax.)
2. Cardiologist
(8,249,858 KES per year, pre-tax.)
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4. Neurosurgeon
(7,706,816 KES per year, pre-tax.)
(7,676,980 KES per year, pre-tax.)
(7,545,448 KES per year, pre-tax.)
(7,519,239 KES per year, pre-tax.)
8. Urologist
(7,514,557 KES per year, pre-tax.)
9. Oncologist
(7,503,914 KES per year, pre-tax.)
(7,503,863 KES per year, pre-tax.)
Data as of 2025Random salary:
Laboratory animal technician (539,102 KES per year, pre-tax.)
Certified nursing assistant (566,373 KES per year, pre-tax.)
Kindergarten assistant (286,942 KES per year, pre-tax.)
Taco bell manager (1,033,320 KES per year, pre-tax.)
Sales service manager (1,133,124 KES per year, pre-tax.)
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