Fund Accountant salary in Kenya

Average Yearly Salary of Fund Accountant in Kenya is approximately 1,091,448 KES (6,909 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 Accountant do?

A fund accountant is responsible for managing and maintaining financial records for investment funds such as mutual funds, hedge funds, or private equity funds. They perform various accounting tasks including reconciling cash and securities transactions, calculating net asset values (NAV), preparing financial statements, and ensuring compliance with regulatory requirements. Fund accountants also handle investor reporting, respond to inquiries, and collaborate with auditors during the audit process. They work closely with portfolio managers, administrators, and other stakeholders to ensure accurate and timely financial reporting.

Skills: Fund accountant, Financial records management, Investment funds, NAV calculation, Regulatory compliance, Investor reporting
Job industry: Finance

How much does Fund Accountant make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Fund Accountant a well paid job?

Yes, our data shows that Fund Accountant 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 Accountant?

High salary for Fund Accountant would be somewhere between 1,200,593 KES and 1,582,600 KES. However this is an estimation based on Gaussian Distribution.

How much can you save working as Fund Accountant 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: 1,091,448 KES
Estimated Monthly Salary: 90,954 KES
Estimated Weekly Salary: 20,989 KES per week
Estimated Hourly Salary: 525 KES per hour
By working as Fund Accountant a person can save up to 336 USD per month or 4,029 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 Fund Accountant

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 +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 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.

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Data as of 2025

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