Home > Salary > Uganda > Finance Associate
A finance associate is responsible for assisting in the financial operations of an organization. They support the finance team in tasks such as budgeting, financial analysis, forecasting, and financial reporting. Finance associates help to ensure that financial records are accurate, transactions are properly recorded, and financial controls are in place. They may also be involved in preparing financial statements, managing accounts payable and receivable, conducting financial audits, and assisting with tax preparation. Strong analytical skills, attention to detail, and proficiency in financial software are essential for this role. Finance associates often work closely with other departments to gather financial data and provide insights for decision-making. They may also assist in the development and implementation of financial policies and procedures.
Estimated Yearly Salary: 6,290,492 UGX
Estimated Monthly Salary: 524,208 UGX
Estimated Weekly Salary: 120,971 UGX per week
Estimated Hourly Salary: 3,024 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 506,149 UGX
Estimated Weekly Salary: 116,804 UGX per week
Estimated Hourly Salary: 2,920 UGX per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 1,611 USD
Estimated Monthly Salary: 134 USD
Estimated Weekly Salary: 31 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: 6,290,492 UGX
Estimated Monthly Salary: 524,208 UGX
Estimated Weekly Salary: 120,971 UGX per week
Estimated Hourly Salary: 3,024 UGX per hour
By working as Finance Associate a person can save up to 84 USD per month or 1,011 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 Finance Associate
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Finance Associate salary in Uganda
Average Yearly Salary of Finance Associate in Uganda is approximately 6,290,492 UGX (1,611 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 Associate do?
A finance associate is responsible for assisting in the financial operations of an organization. They support the finance team in tasks such as budgeting, financial analysis, forecasting, and financial reporting. Finance associates help to ensure that financial records are accurate, transactions are properly recorded, and financial controls are in place. They may also be involved in preparing financial statements, managing accounts payable and receivable, conducting financial audits, and assisting with tax preparation. Strong analytical skills, attention to detail, and proficiency in financial software are essential for this role. Finance associates often work closely with other departments to gather financial data and provide insights for decision-making. They may also assist in the development and implementation of financial policies and procedures.
Skills: finance associate, financial operations, budgeting, financial analysis, forecasting, financial reporting
Job industry: Finance
Job industry: Finance
How much does Finance Associate make?
Salary details
How much does Finance Associate make?Estimated Yearly Salary: 6,290,492 UGX
Estimated Monthly Salary: 524,208 UGX
Estimated Weekly Salary: 120,971 UGX per week
Estimated Hourly Salary: 3,024 UGX per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,073,783 UGXEstimated Monthly Salary: 506,149 UGX
Estimated Weekly Salary: 116,804 UGX per week
Estimated Hourly Salary: 2,920 UGX per hour
Last revision of data: 2024-01-07Finance Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,611 USD
Estimated Monthly Salary: 134 USD
Estimated Weekly Salary: 31 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
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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 Finance Associate job salary compared to average salary in Uganda.
Comparison shows that a person working as Finance Associate in Uganda earns on average:
1.4 times the average salary (or 140% 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 Finance Associate job salary compared to average salary in Uganda.
Comparison shows that a person working as Finance Associate in Uganda earns on average:
1.4 times the average salary (or 140% of average salary).
Is Finance Associate a well paid job?
Yes, our data shows that Finance Associate 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 Finance Associate?
High salary for Finance Associate would be somewhere between 6,919,541 UGX and 9,121,213 UGX. However this is an estimation based on Gaussian Distribution.How much can you save working as Finance Associate 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: 6,290,492 UGX
Estimated Monthly Salary: 524,208 UGX
Estimated Weekly Salary: 120,971 UGX per week
Estimated Hourly Salary: 3,024 UGX per hour
By working as Finance Associate a person can save up to 84 USD per month or 1,011 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 Finance Associate
Kenya is 7,745 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:
Explosive worker (3,272,256 UGX per year, pre-tax.)
Hearing officer (4,707,456 UGX per year, pre-tax.)
Rpg programmer (6,500,082 UGX per year, pre-tax.)
Institutional review board (irb), coordinator (4,126,200 UGX per year, pre-tax.)
Property tax consultant (5,233,233 UGX per year, pre-tax.)
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