Home > Salary > Uganda > Bank Accountant
A bank accountant is responsible for managing and overseeing the financial transactions of a bank. They ensure accurate recording of financial data, including deposits, withdrawals, loans, and investments. Bank accountants analyze financial reports, perform audits, and reconcile accounts to maintain the bank's financial health and compliance with regulations. They also prepare financial statements, budgets, and forecasts to assist in decision-making processes. Additionally, bank accountants collaborate with other departments to provide financial advice and guidance, identify areas for improvement, and implement effective financial controls. This occupation requires strong analytical skills, attention to detail, and knowledge of accounting principles and banking regulations.
Estimated Yearly Salary: 5,024,677 UGX
Estimated Monthly Salary: 418,723 UGX
Estimated Weekly Salary: 96,628 UGX per week
Estimated Hourly Salary: 2,416 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 404,137 UGX
Estimated Weekly Salary: 93,262 UGX per week
Estimated Hourly Salary: 2,332 UGX per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 1,282 USD
Estimated Monthly Salary: 107 USD
Estimated Weekly Salary: 25 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 5,024,677 UGX
Estimated Monthly Salary: 418,723 UGX
Estimated Weekly Salary: 96,628 UGX per week
Estimated Hourly Salary: 2,416 UGX per hour
By working as Bank Accountant a person can save up to 57 USD per month or 682 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 Uganda, see costs of living in Uganda.
Estimated Yearly Salary for Bank Accountant
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Graduate software engineer (7,301,837 UGX per year, pre-tax.)
Assistant research scientist (3,487,392 UGX per year, pre-tax.)
Television production continuity coordinator (3,328,875 UGX per year, pre-tax.)
Logistics director (9,711,600 UGX per year, pre-tax.)
Training consultant (5,518,344 UGX per year, pre-tax.)
Bank Accountant salary in Uganda
Average Yearly Salary of Bank Accountant in Uganda is approximately 5,024,677 UGX (1,282 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 Bank Accountant do?
A bank accountant is responsible for managing and overseeing the financial transactions of a bank. They ensure accurate recording of financial data, including deposits, withdrawals, loans, and investments. Bank accountants analyze financial reports, perform audits, and reconcile accounts to maintain the bank's financial health and compliance with regulations. They also prepare financial statements, budgets, and forecasts to assist in decision-making processes. Additionally, bank accountants collaborate with other departments to provide financial advice and guidance, identify areas for improvement, and implement effective financial controls. This occupation requires strong analytical skills, attention to detail, and knowledge of accounting principles and banking regulations.
Skills: Bank accountant, Financial transactions, Financial analysis, Auditing, Compliance, Financial reporting
Job industry: Banking
Job industry: Banking
How much does Bank Accountant make?
Salary details
How much does Bank Accountant make?Estimated Yearly Salary: 5,024,677 UGX
Estimated Monthly Salary: 418,723 UGX
Estimated Weekly Salary: 96,628 UGX per week
Estimated Hourly Salary: 2,416 UGX per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,849,640 UGXEstimated Monthly Salary: 404,137 UGX
Estimated Weekly Salary: 93,262 UGX per week
Estimated Hourly Salary: 2,332 UGX per hour
Last revision of data: 2024-01-08Bank Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,282 USD
Estimated Monthly Salary: 107 USD
Estimated Weekly Salary: 25 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Uganda is a landlocked country located in East Africa. It has a population of approximately 45 million people and covers an area of about 241,038 square kilometers. The country is bordered by South Sudan to the north, Kenya to the east, Tanzania and Rwanda to the south, and the Democratic Republic of the Congo to the west.
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Bank Accountant job salary compared to average salary in Uganda.
Comparison shows that a person working as Bank Accountant in Uganda earns on average:
1.12 times the average salary (or 112% of average salary).
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Bank Accountant job salary compared to average salary in Uganda.
Comparison shows that a person working as Bank Accountant in Uganda earns on average:
1.12 times the average salary (or 112% of average salary).
Is Bank Accountant a well paid job?
Yes, our data show that Bank Accountant 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 Bank Accountant?
High salary for Bank Accountant would be somewhere between 5,527,145 UGX and 7,285,782 UGX. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Accountant in Uganda?
Living in Uganda the approximate monthly expenses are: 50 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: 5,024,677 UGX
Estimated Monthly Salary: 418,723 UGX
Estimated Weekly Salary: 96,628 UGX per week
Estimated Hourly Salary: 2,416 UGX per hour
By working as Bank Accountant a person can save up to 57 USD per month or 682 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 Uganda, see costs of living in Uganda.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Kenya, South Sudan, Democratic Republic of the Congo, Rwanda, Tanzania. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Bank Accountant
Kenya is 6,147 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 Uganda
(50,940,232 UGX per year, pre-tax.)
2. Cardiologist
(42,552,292 UGX per year, pre-tax.)
(41,077,897 UGX per year, pre-tax.)
4. Neurosurgeon
(39,844,135 UGX per year, pre-tax.)
(39,697,505 UGX per year, pre-tax.)
6. Oncologist
(38,842,071 UGX per year, pre-tax.)
(38,812,832 UGX per year, pre-tax.)
(38,784,031 UGX per year, pre-tax.)
(38,749,803 UGX per year, pre-tax.)
(38,712,676 UGX per year, pre-tax.)
Data as of 2025Random salary:
Graduate software engineer (7,301,837 UGX per year, pre-tax.)
Assistant research scientist (3,487,392 UGX per year, pre-tax.)
Television production continuity coordinator (3,328,875 UGX per year, pre-tax.)
Logistics director (9,711,600 UGX per year, pre-tax.)
Training consultant (5,518,344 UGX per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=uganda&job=bank-accountant'><img src='https://optisalary.com/wp-content/graphs/salary/bank-accountant-salary-in-uganda-2025.jpg' alt='bank accountant salary in uganda 2025' title='bank accountant salary in uganda 2025' /></a>
Please note:The salary data presented here are meant for informational purposes only.
This website aggregates salary data for reference purposes only. We strive to provide reliable figures, but cannot guarantee their precision. Users are encouraged to check alternative sources before making financial choices. Salary amounts may vary due to geographic location, experience, and industry trends. We assume no liability for inconsistencies in the salary data provided. Your engagement with this site confirms understanding of this disclaimer.
This website presents salary insights for educational purposes exclusively. While we collect data from multiple providers, we do not guarantee absolute accuracy. Users are advised to review external platforms before making major financial moves. Salaries shift due to various factors, such as market demand, employer policies, and geographic location. We cannot provide warranty regarding the correctness of the displayed salary figures. Your use of this site indicates your understanding of these terms.