CHARTERED ACCOUNTANT / SALARY
MALAWI

SALARY SURVEYS

4

UPDATED
April 2024
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AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 1689.03 MWK = 1 USD
37,756,482 MWK $22,354 USD		11,823,180 MWK $7,000 USD		Gross income Net (after tax) 1689.03 MWK = 1 USD

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Average Salary / Chartered Accountant / Malawi

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Average salary for Chartered Accountant / Malawi is 37,756,482 MWK per year. The most typical earning is 11,823,180 MWK. All data are based on 4 salary surveys. Salaries are different between men and women. Men receive an average salary of 66,716,517 MWK. Women receive a salary of 28,206,730 MWK.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 56,751,265 MWK. The second most paid education level is Masters Degree with salary of 38,847,592 MWK.

Different experiences affect earning as well. People with 8-12 Years of experience receive salary of 61,649,440 MWK. Employees with 20+ Years of experience receive 16,552,452 MWK.

Levels / Chartered Accountant / Malawi (Gross MWK)

Salary Levels (MWK) per Year	Surveys	[%]
1,689,000 MWK - 3,376,399 MWK	0	n/a
3,378,100 MWK - 5,065,399 MWK	0	n/a
5,067,100 MWK - 8,443,399 MWK	0	n/a
THE MOST TYPICAL SALARY
8,445,100 MWK - 16,888,599 MWK	2	100% 50%
16,890,300 MWK - 25,333,699 MWK	0	n/a
25,335,400 MWK - 33,778,799 MWK	0	n/a
33,780,500 MWK - 42,223,999 MWK	0	n/a
42,225,600 MWK - 50,669,099 MWK	0	n/a
50,670,800 MWK - 59,114,199 MWK	1	50% 25%
59,115,900 MWK - 67,559,299 MWK	1	25% 25%
67,561,000 MWK - 76,004,499 MWK	0	n/a
76,006,200 MWK - 84,449,599 MWK	0	n/a
84,451,300 MWK - 92,894,699 MWK	0	n/a
92,896,400 MWK - 101,339,899 MWK	0	n/a
101,341,500 MWK - 109,784,999 MWK	0	n/a
109,786,700 MWK - 118,230,099 MWK	0	n/a
118,231,800 MWK - 126,675,199 MWK	0	n/a
126,676,900 MWK - 135,120,399 MWK	0	n/a
135,122,100 MWK - 143,565,499 MWK	0	n/a
143,567,200 MWK - 152,010,599 MWK	0	n/a
152,012,300 MWK - 160,455,799 MWK	0	n/a
160,457,400 MWK - 168,900,899 MWK	0	n/a
168,902,600 MWK - 177,345,999 MWK	0	n/a
177,347,700 MWK - 185,791,099 MWK	0	n/a
185,792,800 MWK - 194,236,299 MWK	0	n/a
194,238,000 MWK - 202,681,399 MWK	0	n/a
202,683,100 MWK - 211,126,499 MWK	0	n/a
211,128,200 MWK - 219,571,699 MWK	0	n/a
219,573,400 MWK - 228,016,799 MWK	0	n/a
228,018,500 MWK - 236,461,899 MWK	0	n/a
236,463,600 MWK - 244,906,999 MWK	0	n/a
244,908,700 MWK - 253,352,199 MWK	0	n/a
HIGH SALARIES
253,353,900 MWK - 270,242,399 MWK	0	n/a
270,244,100 MWK - 287,132,699 MWK	0	n/a
287,134,400 MWK - 304,022,899 MWK	0	n/a
304,024,600 MWK - 320,913,199 MWK	0	n/a
320,914,900 MWK - 337,803,499 MWK	0	n/a
337,805,200 MWK - 354,693,699 MWK	0	n/a
354,695,400 MWK - 371,583,999 MWK	0	n/a
371,585,700 MWK - 388,474,199 MWK	0	n/a
388,475,900 MWK - 405,364,499 MWK	0	n/a
405,366,200 MWK - 422,254,799 MWK	0	n/a
422,256,400 MWK - 591,158,999 MWK	0	n/a

Gender / Chartered Accountant / Malawi (Gross MWK)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	1	66,716,517 MWK
2	Women	3	28,206,730 MWK

Education / Chartered Accountant / Malawi (Gross MWK)

#		Surveys
1	Bachelors Degree	1	56,751,265 MWK
2	Masters Degree	2	38,847,592 MWK
3	Some College	1	16,552,452 MWK

Experience / Chartered Accountant / Malawi (Gross MWK)

#		Surveys
1	8-12 Years	2	61,649,440 MWK
2	20+ Years	1	16,552,452 MWK
3	4-8 Years	1	11,147,570 MWK

Age / Chartered Accountant / Malawi (Gross MWK)

#		Surveys
1	36-40	2	61,649,440 MWK
2	46-50	1	16,552,452 MWK
3	26-30	1	11,147,570 MWK

Work Type / Chartered Accountant / Malawi (Gross MWK)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	2	61,649,440 MWK
2	Part Time	2	13,850,011 MWK

Cities / Chartered Accountant / Malawi (Gross MWK)

#		Surveys		AVERAGE SALARY / YEAR
1	--Other--	2	38,847,592 MWK
2	Lilongwe	2	36,651,859 MWK

People's individual salary examples (surveys)

Finance Manager

Posted 01 February 2021
Key knowledge and tasks

"Monthly group reporting, Balance sheet reconciliation reviews, Management of internal and external audits, Assist with budget and forecast preparation, Staff management and development, Preparation of capex. 
ACCA Professional Qualification, Bachelors Degree in Accountancy."

City	Education	Experience	Knowledge	Gross salary / year
Lilongwe	Bachelors Degree	8-12 Years	n/a	56,707,400 MWK

Finance And Administration Manager

Posted 14 July 2020
Key knowledge and tasks

"Main tasks and responsibilities
Managing donor funds in a multi donor environment
Producing period financial reports
Ensuring that bank reconciliation statements are done and approved every month
Establishing and implementing financial policies and procedures. 

Certificates:

ACCA
Diploma in Accounting
Certificate in Accounting
Undertaking procurement of goods and services and adhering to policies and procedures on the same. 
Training and supervising finance and administration staff
Facilitating the conduct of internal and external audits
Undertaking Hr functions of the organisation. 
Proficient in Microsoft suite, ACCPAC, Sage and Quick books accounting packages."

City	Education	Experience	Knowledge	Gross salary / year
Lilongwe	Some College	20+ Years	n/a	16,601,400 MWK

CHARTERED ACCOUNTANT / SALARY MALAWI

4

37,756,482 MWK

11,823,180 MWK