FINANCE MANAGER / SALARY
NAMIBIA

SALARY SURVEYS

8

UPDATED
April 2024
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(based on your career and experience)

AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

18.53 NAD = 1 USD

930,271 NAD

$50,203 USD

Windhoek

1,017,753 NAD

963,570 NAD

$52,000 USD

Including "Windhoek"

Excluding "Windhoek"

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Average Salary / Finance Manager / Namibia

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Average salary for Finance Manager / Namibia is 930,271 NAD per year. The most typical earning is 963,570 NAD. All data are based on 8 salary surveys. Salaries are different between men and women. Men receive an average salary of 926,510 NAD. Women receive a salary of 937,628 NAD.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 1,026,573 NAD. The second most paid education level is Masters Degree with salary of 956,158 NAD.

Different experiences affect earning as well. People with 8-12 Years of experience receive salary of 980,247 NAD. Employees with 4-8 Years of experience receive 946,893 NAD.

Levels / Finance Manager / Namibia (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	0	n/a
185,300 NAD - 277,899 NAD	0	n/a
278,000 NAD - 370,599 NAD	0	n/a
370,600 NAD - 463,199 NAD	1	100% 12.5%
463,300 NAD - 555,899 NAD	1	87.5% 12.5%
555,900 NAD - 648,499 NAD	0	n/a
648,600 NAD - 741,199 NAD	0	n/a
741,200 NAD - 833,799 NAD	0	n/a
833,900 NAD - 926,499 NAD	1	75% 12.5%
THE MOST TYPICAL SALARY
926,500 NAD - 1,019,099 NAD	2	62.5% 25%
1,019,200 NAD - 1,111,799 NAD	1	37.5% 12.5%
1,111,800 NAD - 1,204,399 NAD	0	n/a
1,204,500 NAD - 1,297,099 NAD	1	25% 12.5%
1,297,100 NAD - 1,389,699 NAD	0	n/a
1,389,800 NAD - 1,482,399 NAD	1	12.5% 12.5%
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 Manager / Namibia (Gross NAD)

#		Surveys		AVERAGE SALARY / YEAR
1	Women	3	937,628 NAD
2	Men	5	926,510 NAD

Education / Finance Manager / Namibia (Gross NAD)

#		Surveys
1	Bachelors Degree	5	1,026,573 NAD
2	Masters Degree	1	956,158 NAD
3	Some College	1	876,478 NAD
4	High School	1	481,785 NAD

Experience / Finance Manager / Namibia (Gross NAD)

#		Surveys
1	8-12 Years	3	980,247 NAD
2	4-8 Years	2	946,893 NAD
3	20+ Years	1	876,478 NAD
4	12-16 Years	2	867,213 NAD

Age / Finance Manager / Namibia (Gross NAD)

#		Surveys
1	36-40	3	1,033,985 NAD
2	31-35	3	993,219 NAD
3	46-50	1	876,478 NAD
4	51-55	1	481,785 NAD

Work Type / Finance Manager / Namibia (Gross NAD)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	8	930,216 NAD

Cities / Finance Manager / Namibia (Gross NAD)

#		Surveys
1	Windhoek	6	1,017,308 NAD
2	Walvis Bay	1	937,628 NAD
3	--Other--	1	398,399 NAD

People's individual salary examples (surveys)

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

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

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

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

FINANCE MANAGER / SALARY NAMIBIA

8

930,271 NAD

1,017,753 NAD

963,570 NAD

Average Salary / Finance Manager / Namibia

Levels / Finance Manager / Namibia (Gross NAD)

Gender / Finance Manager / Namibia (Gross NAD)

Education / Finance Manager / Namibia (Gross NAD)

Experience / Finance Manager / Namibia (Gross NAD)

Age / Finance Manager / Namibia (Gross NAD)

Work Type / Finance Manager / Namibia (Gross NAD)

Cities / Finance Manager / Namibia (Gross NAD)

People's individual salary examples (surveys)

FINANCE MANAGER / SALARY
NAMIBIA