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Finance Specialist salary in Kenya

Average Yearly Salary of Finance Specialist in Kenya is approximately 1,015,034 KES (6,417 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 Finance Specialist do?

occupation personasA finance specialist is an individual who specializes in financial management and analysis. They are responsible for overseeing the financial health of an organization, including budgeting, forecasting, and financial reporting. They analyze financial data, identify trends, and make recommendations to improve financial performance. Finance specialists also ensure compliance with financial regulations and policies, manage financial risks, and provide strategic financial advice to senior management.

Skills: finance specialist, financial management, financial analysis, budgeting, forecasting, financial reporting
Job industry: Finance


How much does Finance Specialist make?

Salary details
How much does Finance Specialist make?
Estimated Yearly Salary: 1,015,034 KES
Estimated Monthly Salary: 84,586 KES
Estimated Weekly Salary: 19,520 KES per week
Estimated Hourly Salary: 488 KES per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 981,654 KES
Estimated Monthly Salary: 81,805 KES
Estimated Weekly Salary: 18,878 KES per week
Estimated Hourly Salary: 472 KES per hour
Last revision of data: 2024-01-06



Finance Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 6,417 USD
Estimated Monthly Salary: 535 USD
Estimated Weekly Salary: 123 USD per week
Estimated Hourly Salary: 3 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Finance Specialist job salary compared to average salary in Kenya.
Comparison shows that a person working as Finance Specialist in Kenya earns on average:
1.17 times the average salary (or 117% of average salary).

Is Finance Specialist a well paid job?

Yes, our data show that Finance Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Finance Specialist?

High salary for Finance Specialist would be somewhere between 1,116,537 KES and 1,471,799 KES. However this is an estimation based on Gaussian Distribution.

How much can you save working as Finance Specialist 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: 1,015,034 KES
Estimated Monthly Salary: 84,586 KES
Estimated Weekly Salary: 19,520 KES per week
Estimated Hourly Salary: 488 KES per hour
By working as Finance Specialist a person can save up to 295 USD per month or 3,537 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 Finance Specialist

Ethiopia is 2,052 USDdown arrow 68%
Details on Finance Specialist salary in Ethiopia
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Kenya

(9,866,711 KES per year, pre-tax.)
(8,249,858 KES per year, pre-tax.)
(7,939,285 KES per year, pre-tax.)
(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.)
(7,514,557 KES per year, pre-tax.)
(7,503,914 KES per year, pre-tax.)
(7,503,863 KES per year, pre-tax.)

Data as of 2025

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The salary data presented here are meant for reference purposes solely.
This website displays salary data exclusively for reference use. While we strive for correctness, we do not guarantee the validity of all figures. Users should verify salary details with reliable organizations before making financial decisions. Salary estimates may vary based on numerous elements, such as company size, negotiation tactics, and industry demand. We accept no liability for misinterpretations in the salary figures provided. By accessing optisalary.com, you accept that salary data is not absolute.
optisalary.com provides salary data solely for reference use. While we endeavor for accuracy, we do not guarantee the validity of all figures. Users should double-check salary details with reliable sources before making career-related decisions. Salary estimates may fluctuate based on numerous elements, such as geographic location, experience, and job role. We accept no responsibility for misinterpretations in the salary estimates provided. By accessing this website, you accept that salary data is not absolute.