Home > Salary > Uganda > Financial Manager
A financial manager is responsible for overseeing the financial health of an organization. They analyze financial data, prepare financial reports, and provide strategic recommendations to the management team. Their primary goal is to ensure that the company's financial resources are utilized effectively and efficiently.
Financial managers monitor cash flow, manage budgets, and make investment decisions to maximize profitability. They also collaborate with other departments to develop financial strategies and ensure compliance with regulations and laws. Additionally, they assess risk and develop risk management strategies to safeguard the organization's assets.
Some key responsibilities of a financial manager include financial forecasting, monitoring financial performance, conducting financial analysis, and managing financial transactions. They may also be involved in negotiating contracts, managing relationships with financial institutions, and overseeing financial audits.
Estimated Yearly Salary: 7,410,063 UGX
Estimated Monthly Salary: 617,505 UGX
Estimated Weekly Salary: 142,501 UGX per week
Estimated Hourly Salary: 3,563 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 595,124 UGX
Estimated Weekly Salary: 137,336 UGX per week
Estimated Hourly Salary: 3,433 UGX per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 1,888 USD
Estimated Monthly Salary: 157 USD
Estimated Weekly Salary: 36 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: 7,410,063 UGX
Estimated Monthly Salary: 617,505 UGX
Estimated Weekly Salary: 142,501 UGX per week
Estimated Hourly Salary: 3,563 UGX per hour
By working as Financial Manager a person can save up to 107 USD per month or 1,288 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 Financial Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Business operations director (9,218,227 UGX per year, pre-tax.)
Senior computer specialist (6,409,259 UGX per year, pre-tax.)
Cancer registry manager (5,783,856 UGX per year, pre-tax.)
Glazier (3,891,445 UGX per year, pre-tax.)
Chief mammography technologist (6,849,944 UGX per year, pre-tax.)
Financial Manager salary in Uganda
Average Yearly Salary of Financial Manager in Uganda is approximately 7,410,063 UGX (1,888 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 Financial Manager do?
A financial manager is responsible for overseeing the financial health of an organization. They analyze financial data, prepare financial reports, and provide strategic recommendations to the management team. Their primary goal is to ensure that the company's financial resources are utilized effectively and efficiently.
Financial managers monitor cash flow, manage budgets, and make investment decisions to maximize profitability. They also collaborate with other departments to develop financial strategies and ensure compliance with regulations and laws. Additionally, they assess risk and develop risk management strategies to safeguard the organization's assets.
Some key responsibilities of a financial manager include financial forecasting, monitoring financial performance, conducting financial analysis, and managing financial transactions. They may also be involved in negotiating contracts, managing relationships with financial institutions, and overseeing financial audits.
Skills: Financial management, Financial analysis, Budgeting, Risk management, Strategic planning, Compliance
Job industry: Finance
Job industry: Finance
How much does Financial Manager make?
Salary details
How much does Financial Manager make?Estimated Yearly Salary: 7,410,063 UGX
Estimated Monthly Salary: 617,505 UGX
Estimated Weekly Salary: 142,501 UGX per week
Estimated Hourly Salary: 3,563 UGX per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 7,141,486 UGXEstimated Monthly Salary: 595,124 UGX
Estimated Weekly Salary: 137,336 UGX per week
Estimated Hourly Salary: 3,433 UGX per hour
Last revision of data: 2024-01-03Financial Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,888 USD
Estimated Monthly Salary: 157 USD
Estimated Weekly Salary: 36 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 Financial Manager job salary compared to average salary in Uganda.
Comparison shows that a person working as Financial Manager in Uganda earns on average:
1.65 times the average salary (or 165% 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 Financial Manager job salary compared to average salary in Uganda.
Comparison shows that a person working as Financial Manager in Uganda earns on average:
1.65 times the average salary (or 165% of average salary).
Is Financial Manager a well paid job?
Yes, our data shows that Financial 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 Financial Manager?
High salary for Financial Manager would be somewhere between 8,151,069 UGX and 10,744,591 UGX. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Manager 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: 7,410,063 UGX
Estimated Monthly Salary: 617,505 UGX
Estimated Weekly Salary: 142,501 UGX per week
Estimated Hourly Salary: 3,563 UGX per hour
By working as Financial Manager a person can save up to 107 USD per month or 1,288 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 Financial Manager
Kenya is 9,066 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:
Business operations director (9,218,227 UGX per year, pre-tax.)
Senior computer specialist (6,409,259 UGX per year, pre-tax.)
Cancer registry manager (5,783,856 UGX per year, pre-tax.)
Glazier (3,891,445 UGX per year, pre-tax.)
Chief mammography technologist (6,849,944 UGX per year, pre-tax.)
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