Cash Manager salary in Nigeria

Average Yearly Salary of Cash Manager in Nigeria is approximately 5,590,048 NGN (6,681 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 Manager do?

A cash manager is responsible for overseeing the organization's cash flow, ensuring that there is enough liquidity to meet financial obligations and optimize the use of available funds. They develop and implement cash management strategies, monitor cash balances, and forecast cash flow needs. Cash managers also manage relationships with banks and financial institutions, negotiating terms and fees for banking services, and maintaining banking relationships. They analyze financial data, such as cash flow statements and budgets, to identify areas for improvement and implement strategies to increase efficiency and reduce costs. Cash managers also evaluate investment opportunities and make recommendations to maximize returns on excess cash.

Skills: Cash management, Liquidity management, Financial forecasting, Banking relationships, Cash flow analysis, Investment opportunities.
Job industry: Finance

How much does Cash Manager make?

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


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Salary comparison to National average

Is Cash Manager a well paid job?

Yes, our data shows that Cash 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 Cash Manager?

High salary for Cash Manager would be somewhere between 6,149,053 NGN and 8,105,570 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Cash Manager in Nigeria?

Living in Nigeria the approximate monthly expenses are: 206 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: 5,590,048 NGN
Estimated Monthly Salary: 465,837 NGN
Estimated Weekly Salary: 107,501 NGN per week
Estimated Hourly Salary: 2,688 NGN per hour
By working as Cash Manager a person can save up to 351 USD per month or 4,214 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 Nigeria, see costs of living in Nigeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Niger, Chad, Cameroon, Benin.
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 Manager

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.

Top 10 highest salaries in Nigeria

Data as of 2025

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