Home > Salary > Kuwait > 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: 68,499 KWD
Estimated Monthly Salary: 5,708 KWD
Estimated Weekly Salary: 1,317 KWD per week
Estimated Hourly Salary: 33 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,523 KWD
Estimated Weekly Salary: 1,274 KWD per week
Estimated Hourly Salary: 32 KWD per hour
Last revision of data: 2024-02-08
Estimated Yearly Salary: 23,064 USD
Estimated Monthly Salary: 1,922 USD
Estimated Weekly Salary: 444 USD per week
Estimated Hourly Salary: 11 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: 68,499 KWD
Estimated Monthly Salary: 5,708 KWD
Estimated Weekly Salary: 1,317 KWD per week
Estimated Hourly Salary: 33 KWD per hour
By working as Fund Accounting Manager a person can save up to 322 USD per month or 3,864 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 Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Fund Accounting Manager
Last revision of data: 2025-01-04
Data as of 2025
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Fund Accounting Manager salary in Kuwait
Average Yearly Salary of Fund Accounting Manager in Kuwait is approximately 68,499 KWD (23,064 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: 68,499 KWD
Estimated Monthly Salary: 5,708 KWD
Estimated Weekly Salary: 1,317 KWD per week
Estimated Hourly Salary: 33 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 66,272 KWDEstimated Monthly Salary: 5,523 KWD
Estimated Weekly Salary: 1,274 KWD per week
Estimated Hourly Salary: 32 KWD per hour
Last revision of data: 2024-02-08Fund Accounting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 23,064 USD
Estimated Monthly Salary: 1,922 USD
Estimated Weekly Salary: 444 USD per week
Estimated Hourly Salary: 11 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
Compare salary to other countries
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Country:
Salary comparison to National average
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Fund Accounting Manager job salary compared to average salary in Kuwait.
Comparison shows that a person working as Fund Accounting Manager in Kuwait earns on average:
5.57 times the average salary (or 557% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Fund Accounting Manager job salary compared to average salary in Kuwait.
Comparison shows that a person working as Fund Accounting Manager in Kuwait earns on average:
5.57 times the average salary (or 557% of average salary).
Is Fund Accounting Manager a well paid job?
Yes, our data shows that Fund Accounting Manager is an extremely 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 75,349 KWD and 99,324 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Fund Accounting Manager in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 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: 68,499 KWD
Estimated Monthly Salary: 5,708 KWD
Estimated Weekly Salary: 1,317 KWD per week
Estimated Hourly Salary: 33 KWD per hour
By working as Fund Accounting Manager a person can save up to 322 USD per month or 3,864 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 Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. 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
Saudi Arabia is 47,250 USD
Iraq is 10,294 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 Kuwait
(419,012 KWD per year, pre-tax.)
2. Cardiologist
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
4. Neurosurgeon
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
9. Urologist
(317,161 KWD per year, pre-tax.)
10. Plastic surgeon
(316,850 KWD per year, pre-tax.)
Data as of 2025Random salary:
Nurse manager operating room (73,248 KWD per year, pre-tax.)
Strategic account manager (50,596 KWD per year, pre-tax.)
Senior clinical research associate (cra) (68,432 KWD per year, pre-tax.)
Sales training manager (55,328 KWD per year, pre-tax.)
Traffic continuity director (28,028 KWD per year, pre-tax.)
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