FINANCE & BANKING / SALARY
WINDHOEK

SALARY SURVEYS

37

UPDATED
April 2024
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AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 18.53 NAD = 1 USD
613,516 NAD $33,109 USD		222,362 NAD $12,000 USD		Gross income Net (after tax) 18.53 NAD = 1 USD

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Average Salary / Finance & Banking / Windhoek

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Average salary for Finance & Banking / Windhoek is 613,516 NAD per year. The most typical earning is 222,362 NAD. All data are based on 37 salary surveys. Salaries are different between men and women. Men receive an average salary of 655,969 NAD. Women receive a salary of 568,877 NAD.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 644,851 NAD. The second most paid education level is Masters Degree with salary of 641,145 NAD.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 900,568 NAD. Employees with 8-12 Years of experience receive 878,331 NAD.

Levels / Finance & Banking / Windhoek (Gross NAD)

Salary Levels (NAD) per Year	Surveys	[%]
18,500 NAD - 36,999 NAD	0	n/a
37,100 NAD - 55,599 NAD	0	n/a
55,600 NAD - 92,599 NAD	0	n/a
92,700 NAD - 185,299 NAD	2	100% 5.41%
THE MOST TYPICAL SALARY
185,300 NAD - 277,899 NAD	5	94.59% 13.51%
278,000 NAD - 370,599 NAD	3	81.08% 8.11%
370,600 NAD - 463,199 NAD	3	72.97% 8.11%
463,300 NAD - 555,899 NAD	5	64.86% 13.51%
555,900 NAD - 648,499 NAD	4	51.35% 10.81%
648,600 NAD - 741,199 NAD	4	40.54% 10.81%
741,200 NAD - 833,799 NAD	0	n/a
833,900 NAD - 926,499 NAD	5	29.73% 13.51%
926,500 NAD - 1,019,099 NAD	1	16.22% 2.7%
1,019,200 NAD - 1,111,799 NAD	2	13.51% 5.41%
1,111,800 NAD - 1,204,399 NAD	1	8.11% 2.7%
1,204,500 NAD - 1,297,099 NAD	1	5.41% 2.7%
1,297,100 NAD - 1,389,699 NAD	0	n/a
1,389,800 NAD - 1,482,399 NAD	1	2.7% 2.7%
1,482,400 NAD - 1,574,999 NAD	0	n/a
1,575,100 NAD - 1,667,699 NAD	0	n/a
1,667,700 NAD - 1,760,399 NAD	0	n/a
1,760,400 NAD - 1,852,999 NAD	0	n/a
1,853,000 NAD - 1,945,699 NAD	0	n/a
1,945,700 NAD - 2,038,299 NAD	0	n/a
2,038,300 NAD - 2,130,999 NAD	0	n/a
2,131,000 NAD - 2,223,599 NAD	0	n/a
2,223,600 NAD - 2,316,299 NAD	0	n/a
2,316,300 NAD - 2,408,899 NAD	0	n/a
2,408,900 NAD - 2,501,599 NAD	0	n/a
2,501,600 NAD - 2,594,199 NAD	0	n/a
2,594,200 NAD - 2,686,899 NAD	0	n/a
2,686,900 NAD - 2,779,499 NAD	0	n/a
HIGH SALARIES
2,779,500 NAD - 2,964,799 NAD	0	n/a
2,964,800 NAD - 3,150,099 NAD	0	n/a
3,150,100 NAD - 3,335,399 NAD	0	n/a
3,335,400 NAD - 3,520,699 NAD	0	n/a
3,520,700 NAD - 3,705,999 NAD	0	n/a
3,706,000 NAD - 3,891,299 NAD	0	n/a
3,891,300 NAD - 4,076,599 NAD	0	n/a
4,076,600 NAD - 4,261,899 NAD	0	n/a
4,261,900 NAD - 4,447,199 NAD	0	n/a
4,447,200 NAD - 4,632,499 NAD	0	n/a
4,632,600 NAD - 6,485,599 NAD	0	n/a

Gender / Finance & Banking / Windhoek (Gross NAD)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	19	655,969 NAD
2	Women	18	568,877 NAD

Education / Finance & Banking / Windhoek (Gross NAD)

#		Surveys
1	Bachelors Degree	20	644,851 NAD
2	Masters Degree	8	641,145 NAD
3	Some College	6	618,908 NAD
4	High School	3	320,572 NAD

Experience / Finance & Banking / Windhoek (Gross NAD)

#		Surveys
1	16-20 Years	1	900,568 NAD
2	8-12 Years	4	878,331 NAD
3	1-2 Years	2	774,562 NAD
4	12-16 Years	4	754,179 NAD
5	4-8 Years	12	648,557 NAD
6	20+ Years	2	529,963 NAD
7	0-1 Year	4	433,606 NAD
8	2-4 Years	8	392,840 NAD

Age / Finance & Banking / Windhoek (Gross NAD)

#		Surveys
1	36-40	4	1,178,521 NAD
2	46-50	2	785,680 NAD
3	41-45	2	743,061 NAD
4	31-35	6	694,882 NAD
5	51-55	2	561,465 NAD
6	26-30	13	520,698 NAD
7	21-25	8	357,632 NAD

Work Type / Finance & Banking / Windhoek (Gross NAD)

#		Surveys
1	Part Time	1	639,292 NAD
2	Permanent	33	622,614 NAD
3	Self Employed	2	557,759 NAD
4	Contract	1	418,782 NAD

Careers / Finance & Banking / Windhoek (Gross NAD)

#		Surveys
1	Finance Manager	6	1,017,308 NAD
2	Risk Manager	2	972,835 NAD
3	Financial Analyst	5	722,678 NAD
4	Financial Adviser	1	696,735 NAD
5	Economist	6	572,583 NAD
6	Bank Manager	2	544,788 NAD
7	Financial Accountant	5	491,050 NAD
8	Other Finance Career	6	428,047 NAD
9	Risk Analyst	1	207,538 NAD
10	Bank Cashier	3	190,861 NAD

People's individual salary examples (surveys)

Economist

Posted 27 September 2021
Key knowledge and tasks

"Research."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Masters Degree	0-1 Year	Expert	639,300 NAD

Teller

Posted 09 January 2020
Key knowledge and tasks

"Deposits and withdraws."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	2-4 Years	n/a	236,200 NAD

Research Officer

Posted 18 November 2019
Key knowledge and tasks

"Actuarial Science - no option for this career."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	2-4 Years	n/a	419,400 NAD

Credit Monitoring Officer

Posted 06 November 2019
Key knowledge and tasks

"Review loan applications and Ensure credit approvals comply with the relevant Credit policy and Fraud Guidelines. 
Evaluate creditworthiness and risks. 
Monitoring and Maintaining Effective control on GRN loan processes
Employment confirmation via payroll employers and 1/3 calculation
Sanction screening and Vetting."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	2-4 Years	n/a	305,500 NAD

Finance Manager

Posted 06 November 2019
Key knowledge and tasks

"Finance related."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	High School	12-16 Years	n/a	482,300 NAD

Finance Manager

Posted 22 September 2019
Key knowledge and tasks

"Prepare annual financial statements
Responsible for management reporting on costs."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Masters Degree	4-8 Years	n/a	955,300 NAD

Investment/ Financial Analyst

Posted 31 January 2019
Key knowledge and tasks

"Responsible for portfolio management, financial statement analysis and reporting."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	8-12 Years	n/a	673,900 NAD

Research Analyst

Posted 27 January 2019
Key knowledge and tasks

"Research Analyst."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Masters Degree	4-8 Years	n/a	870,900 NAD

Taxation Officer

Posted 27 January 2019
Key knowledge and tasks

"•	Asses Pay as you earn (PAYE) returns and reconciling. 
•	Issuing PAYE5s certificates and writing inquiries. 
•	Assessing Value Added Tax (VAT) and Income Tax (ITX) returns. 
•	Auditing the VAT and ITX. 
•	Attend to enquiries on tax."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Masters Degree	2-4 Years	n/a	241,200 NAD

Financial & Regulatory Reporting

Posted 19 November 2018
Key knowledge and tasks

"Management reporting and Bank of Namibia regulatory reporting."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Some College	20+ Years	n/a	876,000 NAD

Internal Auditor

Posted 30 October 2018
Key knowledge and tasks

"Executing the Annaul Audit Plan. Each audit: planning, fieldwork and reporting."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	4-8 Years	n/a	916,400 NAD

Head Of Liabilities

Posted 15 September 2018
Key knowledge and tasks

"Revenue leakage, margin management, product management and board reporting."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	8-12 Years	n/a	1,453,800 NAD

Accountant

Posted 12 September 2018
Key knowledge and tasks

"Risk, Compliance, Finance and Accounting."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	4-8 Years	n/a	519,200 NAD

Cashier

Posted 29 July 2018
Key knowledge and tasks

"Helping people cash their checks."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Some College	0-1 Year	n/a	155,300 NAD

Collections Officer

Posted 05 July 2018
Key knowledge and tasks

"NATIONAL DIPLOMA IN ACCOUNTING AND FINANCE, WORD AND EXCELL SKILLS, GOOD COMMUNICATION AND WRITING SKILLS, TEAM PLAYER,."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	4-8 Years	n/a	266,500 NAD

Internal Auditor

Posted 14 May 2018
Key knowledge and tasks

"Compliance to policies and regulations, risk management, advisory on risks or loopholes."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Some College	16-20 Years	n/a	900,800 NAD

Financial Accountant

Posted 12 March 2018
Key knowledge and tasks

"Tax and compliances, Debtors and Banking, Reconciliations and Audits."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	4-8 Years	n/a	559,100 NAD

Finance Manager

Posted 06 February 2018
Key knowledge and tasks

"All aspects pertaining to the Financial Management (Budgeting, Procurement, Revenue Management, Taxation, Risk Management, Banking, Reporting) and Administration (Records Management, Compliance, Office Management, Asset Management) of the company. He will be required to have an in-depth understanding of the strategies, plans and operational budgets as well as policies and procedures and must ensure sound management of financial resources and assets of the company."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	12-16 Years	n/a	1,251,900 NAD

Manager Accounting

Posted 08 January 2018
Key knowledge and tasks

"Review daily processing, compiling monthly management reports. Compiling financial statements."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	8-12 Years	n/a	1,087,200 NAD

Financial Risk And Analytics Manager

Posted 18 October 2017
Key knowledge and tasks

"Lead a team of quantitative analysts who are responsible for managing portfolio level credit, market and liquidity risk."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Masters Degree	4-8 Years	n/a	1,044,200 NAD

Junior

Posted 27 September 2017
Key knowledge and tasks

"National economic review and analysis."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Masters Degree	2-4 Years	n/a	278,500 NAD

Financial Accountant

Posted 26 September 2017
Key knowledge and tasks

"Financial Reporting
Tax Compliance
Tax Preparations
Company compliance
Audit Files preparation."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	2-4 Years	n/a	543,000 NAD

Teller

Posted 03 September 2017
Key knowledge and tasks

"Taking in and handing out money."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	High School	20+ Years	n/a	183,000 NAD

Credit Analyst

Posted 31 August 2017
Key knowledge and tasks

"Assess Credit Applications, and make conservative credit decisions."

City	Education	Experience	Knowledge	Gross salary / year
Windhoek	Bachelors Degree	2-4 Years	n/a	534,600 NAD

FINANCE & BANKING / SALARY WINDHOEK

37

613,516 NAD

222,362 NAD

Average Salary / Finance & Banking / Windhoek

Levels / Finance & Banking / Windhoek (Gross NAD)

Gender / Finance & Banking / Windhoek (Gross NAD)

Education / Finance & Banking / Windhoek (Gross NAD)

Experience / Finance & Banking / Windhoek (Gross NAD)

Age / Finance & Banking / Windhoek (Gross NAD)

Work Type / Finance & Banking / Windhoek (Gross NAD)

Careers / Finance & Banking / Windhoek (Gross NAD)

People's individual salary examples (surveys)

FINANCE & BANKING / SALARY
WINDHOEK