FINANCE & BANKING / SALARY
TANZANIA

SALARY SURVEYS

30

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

2510 TZS = 1 USD

84,566,924 TZS

$33,692 USD

Dar es Salaam

88,208,934 TZS

17,570,000 TZS

$7,000 USD

Including "Dar es Salaam"

Excluding "Dar es Salaam"

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Average Salary / Finance & Banking / Tanzania

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Average salary for Finance & Banking / Tanzania is 84,566,924 TZS per year. The most typical earning is 17,570,000 TZS. All data are based on 30 salary surveys. Salaries are different between men and women. Men receive an average salary of 87,850,004 TZS. Women receive a salary of 63,503,003 TZS.

Based on education, the highest salaries receive people with Masters Degree with salary of 115,962,006 TZS. The second most paid education level is Bachelors Degree with salary of 63,503,003 TZS.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 151,102,007 TZS. Employees with 4-8 Years of experience receive 103,161,005 TZS.

Levels / Finance & Banking / Tanzania (Gross TZS)

Salary Levels (TZS) per Year	Surveys	[%]
2,510,000 TZS - 5,017,499 TZS	0	n/a
5,020,000 TZS - 7,527,499 TZS	0	n/a
7,530,000 TZS - 12,547,499 TZS	1	100% 3.33%
THE MOST TYPICAL SALARY
12,550,000 TZS - 25,097,499 TZS	5	96.67% 16.67%
25,100,000 TZS - 37,647,499 TZS	4	80% 13.33%
37,650,000 TZS - 50,197,499 TZS	4	66.67% 13.33%
50,200,000 TZS - 62,747,499 TZS	5	53.33% 16.67%
62,750,000 TZS - 75,297,499 TZS	1	36.67% 3.33%
75,300,000 TZS - 87,847,499 TZS	0	n/a
87,850,000 TZS - 100,397,499 TZS	0	n/a
100,400,000 TZS - 112,947,499 TZS	3	33.33% 10%
112,950,000 TZS - 125,497,499 TZS	0	n/a
125,500,000 TZS - 138,047,499 TZS	2	23.33% 6.67%
138,050,000 TZS - 150,597,499 TZS	0	n/a
150,600,000 TZS - 163,147,499 TZS	2	16.67% 6.67%
163,150,000 TZS - 175,697,499 TZS	0	n/a
175,700,000 TZS - 188,247,499 TZS	0	n/a
188,250,000 TZS - 200,797,499 TZS	1	10% 3.33%
200,800,000 TZS - 213,347,499 TZS	0	n/a
213,350,000 TZS - 225,897,499 TZS	0	n/a
225,900,000 TZS - 238,447,499 TZS	0	n/a
238,450,000 TZS - 250,997,499 TZS	0	n/a
251,000,000 TZS - 263,547,499 TZS	0	n/a
263,550,000 TZS - 276,097,499 TZS	0	n/a
276,100,000 TZS - 288,647,499 TZS	0	n/a
288,650,000 TZS - 301,197,499 TZS	0	n/a
301,200,000 TZS - 313,747,499 TZS	0	n/a
313,750,000 TZS - 326,297,499 TZS	0	n/a
326,300,000 TZS - 338,847,499 TZS	1	6.67% 3.33%
338,850,000 TZS - 351,397,499 TZS	0	n/a
351,400,000 TZS - 363,947,499 TZS	0	n/a
363,950,000 TZS - 376,497,499 TZS	1	3.33% 3.33%
HIGH SALARIES
376,500,000 TZS - 401,597,499 TZS	0	n/a
401,600,000 TZS - 426,697,499 TZS	0	n/a
426,700,000 TZS - 451,797,499 TZS	0	n/a
451,800,000 TZS - 476,897,499 TZS	0	n/a
476,900,000 TZS - 501,997,499 TZS	0	n/a
502,000,000 TZS - 527,097,499 TZS	0	n/a
527,100,000 TZS - 552,197,499 TZS	0	n/a
552,200,000 TZS - 577,297,499 TZS	0	n/a
577,300,000 TZS - 602,397,499 TZS	0	n/a
602,400,000 TZS - 627,497,499 TZS	0	n/a
627,500,000 TZS - 878,499,999 TZS	0	n/a

Gender / Finance & Banking / Tanzania (Gross TZS)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	26	87,850,004 TZS
2	Women	4	63,503,003 TZS

Education / Finance & Banking / Tanzania (Gross TZS)

#		Surveys
1	Masters Degree	13	115,962,006 TZS
2	Bachelors Degree	16	63,503,003 TZS
3	Doctorate Degree	1	11,295,000 TZS

Experience / Finance & Banking / Tanzania (Gross TZS)

#		Surveys
1	20+ Years	3	151,102,007 TZS
2	4-8 Years	9	103,161,005 TZS
3	8-12 Years	7	98,643,005 TZS
4	12-16 Years	3	83,332,004 TZS
5	1-2 Years	2	34,387,001 TZS
6	2-4 Years	4	27,359,001 TZS
7	0-1 Year	1	23,092,001 TZS
8	16-20 Years	1	11,295,000 TZS

Age / Finance & Banking / Tanzania (Gross TZS)

#		Surveys
1	41-45	2	163,150,008 TZS
2	46-50	3	145,329,007 TZS
3	21-25	3	123,743,006 TZS
4	31-35	11	78,061,004 TZS
5	26-30	7	54,467,002 TZS
6	36-40	4	40,662,002 TZS

Work Type / Finance & Banking / Tanzania (Gross TZS)

#		Surveys
1	Permanent	21	91,364,004 TZS
2	Self Employed	2	89,607,004 TZS
3	Part Time	1	65,511,003 TZS
4	Contract	6	62,248,003 TZS

Cities / Finance & Banking / Tanzania (Gross TZS)

#		Surveys
1	Dar es Salaam	26	88,101,004 TZS
2	--Other--	3	70,029,003 TZS
3	Dodoma	1	33,634,001 TZS

Careers / Finance & Banking / Tanzania (Gross TZS)

#		Surveys
1	Fund Manager	1	335,336,017 TZS
2	Risk Manager	1	194,776,010 TZS
3	Finance Manager	11	107,177,005 TZS
4	Banks	2	86,846,004 TZS
5	Other Finance Career	2	81,073,004 TZS
6	Bank Manager	1	49,447,002 TZS
7	Investment Manager	3	48,443,002 TZS
8	Financial Accountant	2	36,646,001 TZS
9	Financial Analyst	5	35,642,001 TZS
10	Financial Adviser	1	33,634,001 TZS
11	Chartered Financial Analyst	1	11,295,000 TZS

People's individual salary examples (surveys)

Country Manager

Posted 23 November 2021
Key knowledge and tasks

"Banking."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Masters Degree	8-12 Years	Expert	194,823,700 TZS

Credit Admin

Posted 16 September 2021
Key knowledge and tasks

"Credit Administration."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	4-8 Years	Advanced	61,693,300 TZS

Advisor

Posted 17 July 2021
Key knowledge and tasks

"Finance."

City	Education	Experience	Knowledge	Gross salary / year
Dodoma	Masters Degree	8-12 Years	Advanced	33,551,200 TZS

Financial Analyst

Posted 26 September 2020
Key knowledge and tasks

"Analyzing Companies, Country economies, currency analysis,."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	1-2 Years	n/a	13,034,400 TZS

Finance Manager

Posted 18 July 2020
Key knowledge and tasks

"Bachelors degree in Accounts and finance."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	4-8 Years	n/a	108,637,800 TZS

Business Planning Manager

Posted 12 January 2020
Key knowledge and tasks

"Product knowledge, business process re-engineering, analysis and strategic."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	8-12 Years	n/a	104,293,000 TZS

Finance Manager

Posted 08 January 2020
Key knowledge and tasks

"I have accounting knowledge
i have masters in business administration and corporate managements, i am also a certified public accountant - CPA."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	12-16 Years	n/a	65,629,000 TZS

Strategist

Posted 02 December 2019
Key knowledge and tasks

"Formulating, monitoring, evaluating and reviewing bank strategy."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Masters Degree	4-8 Years	n/a	156,001,500 TZS

Finance Manager

Posted 17 October 2019
Key knowledge and tasks

"Taxes
accounting 
banking
auditing
financing
risk management."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	4-8 Years	n/a	33,799,700 TZS

Fund Transfer Officer

Posted 27 June 2019
Key knowledge and tasks

"Responsible for processing transfers across the bank."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	2-4 Years	n/a	17,873,700 TZS

Treasury Manager

Posted 26 June 2019
Key knowledge and tasks

"Liquidity management
Forex risk management
Reporting to regulator
Funding management."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	20+ Years	n/a	50,699,500 TZS

Relationshio Manager

Posted 01 June 2019
Key knowledge and tasks

"Worked in a banking sector for 4 years, Am professional account by qualification, however, my career is on different field- a sales person. 
am currently working as a Relationship Manager under Corporate Banking."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	2-4 Years	n/a	54,165,800 TZS

Agency Manager

Posted 08 March 2019
Key knowledge and tasks

"Managing agency department."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Masters Degree	4-8 Years	n/a	49,399,300 TZS

Grants Finance Manager

Posted 12 February 2019
Key knowledge and tasks

"•	Assists in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, and/or payroll. 
•	Supervises and participates in the preparation of various financial statements and reports. 
•	Directs the installation and maintenance of accounting records to show receipts and expenditures. 
•	Directs the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records. 
•	Directs and participates in cost analyses and rate studies. 
•	Prepares statements and reports of estimated future costs and revenues. 
•	Directs internal audits involving review of accounting and administrative controls. 
•	Establishes system controls for new financial systems and develops procedures to improve existing systems. 
•	Coordinates preparation of external audit materials and external financial reporting. 
•	Reviews financial statements with management personnel. 
•	Directs the installation and maintenance of new accounting, timekeeping, payroll, inventory, property, and other related procedures and controls."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	4-8 Years	n/a	43,290,000 TZS

Credit Analyst

Posted 30 October 2018
Key knowledge and tasks

"Analyse personal, staff and mortgage loans."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	2-4 Years	n/a	21,465,500 TZS

Analyst

Posted 15 October 2018
Key knowledge and tasks

"Providing various research analysis work to business developers as well as business people looking to launch different businesses in Africa."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	2-4 Years	n/a	16,099,100 TZS

Investment Officer Ii

Posted 22 September 2018
Key knowledge and tasks

"I hold a bachelor degree in business administration majoring in finance from the university of dar es salaam. Overtime I have worked in the banking industry and in management consulting in the areas of financial management and insurance."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	8-12 Years	n/a	40,247,900 TZS

Delivery Manager

Posted 06 September 2018
Key knowledge and tasks

"Digital Channels management."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Bachelors Degree	4-8 Years	n/a	100,623,400 TZS

Manager Finance & Accounts

Posted 03 June 2018
Key knowledge and tasks

"Finance Professional with over 25 years experience."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Masters Degree	20+ Years	n/a	368,658,800 TZS

Fund Flow Manager

Posted 02 April 2018
Key knowledge and tasks

"To decide financial portfolio of the company."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Masters Degree	4-8 Years	n/a	335,411,300 TZS

Finance Manager

Posted 29 January 2018
Key knowledge and tasks

"Qualified chartered accountant with 1-year experience as a finance manager from india."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Masters Degree	1-2 Years	n/a	55,900,200 TZS

Financial Analyst

Posted 27 July 2017
Key knowledge and tasks

"Financial Analysfinancial analyst financial analyst financial analyst financial anaylst financial analyst financial analyst."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Masters Degree	0-1 Year	n/a	23,147,200 TZS

Accounting Manager

Posted 07 July 2017
Key knowledge and tasks

"I want to ask about rate of salaries associated with my job at Tanzanya."

City	Education	Experience	Knowledge	Gross salary / year
Dar es Salaam	Masters Degree	4-8 Years	n/a	40,554,100 TZS

FINANCE & BANKING / SALARY TANZANIA

30

84,566,924 TZS

88,208,934 TZS

17,570,000 TZS

Average Salary / Finance & Banking / Tanzania

Levels / Finance & Banking / Tanzania (Gross TZS)

Gender / Finance & Banking / Tanzania (Gross TZS)

Education / Finance & Banking / Tanzania (Gross TZS)

Experience / Finance & Banking / Tanzania (Gross TZS)

Age / Finance & Banking / Tanzania (Gross TZS)

Work Type / Finance & Banking / Tanzania (Gross TZS)

Cities / Finance & Banking / Tanzania (Gross TZS)

Careers / Finance & Banking / Tanzania (Gross TZS)

People's individual salary examples (surveys)

FINANCE & BANKING / SALARY
TANZANIA