Average Account Executive Salary in Kenya for 2024

In this article, we will look at the average Account Executive salary for 2024 in Kenya and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Kenyan shilling. To keep things simple, we are using the KES currency code instead of the currency symbol Sh.

How Much Does an Account Executive Make in Kenya?

An Account Executive working in Kenya will typically earn around 1,621,400 KES per year, and this can range from the lowest average salary of about 790,600 KES to the highest average salary of 2,519,500 KES.

Average Annual Salary
1,621,400 KES
Average Monthly Salary
135,116 KES

Lowest Annual Salary
790,600 KES
Lowest Monthly Salary
65,883 KES

Highest Annual Salary
2,519,500 KES
Highest Monthly Salary
209,958 KES

These are average salaries for an Account Executive in Kenya and include benefits such as housing and transport. It's also possible for an Account Executive to earn more or less than the average salaries shown above.

Account Executive salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Account Executive Salaries in Kenya

So we've looked at the average salaries an Account Executive will earn in Kenya. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Account Executive can earn between 790,600 KES and 2,519,500 KES on average in Kenya. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Account Executive in Kenya is 1,645,600 KES. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,645,600 KES, and 50% of the population earn more than 1,645,600 KES.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Account Executive salary in Kenya, 25% of the population are earning less than 1,098,200 KES while 75% of the population earn more than 1,098,200 KES.

75% of the population earn less than 2,124,400 KES, and 25% of the population earn more than 2,124,400 KES.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Account Executive Salary by Experience Level in Kenya

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average account executive salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Account Executive in Kenya that has less than two years of experience can expect to earn somewhere in the region of 938,700 KES.
  • 2 - 5 Years Experience. With two to five years of experience the average Account Executive salary would increase to 1,212,800 KES.
  • 5 - 10 Years Experience. From five to ten years of experience as an Account Executive, the average salary would be 1,668,900 KES.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,065,400 KES.
  • 15 - 20 Years Experience. An Account Executive with 15 to 20 years of experience can earn an average of 2,207,600 KES.
  • 20+ Years Experience. For an Account Executive with more than 20 years, the expected average salary increases to 2,352,500 KES.

Average Salary by Experience Chart

0-2 Years
938,700 KES
2-5 Years +29%
1,212,800 KES
5-10 Years +38%
1,668,900 KES
10-15 Years +24%
2,065,400 KES
15-20 Years +7%
2,207,600 KES
20+ Years +7%
2,352,500 KES

Account Executive Salary by Education Level in Kenya

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Account Executive in Kenya based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Account Executive in Kenya with a high school education can earn an average salary of 1,172,800 KES.

  • Certificate or Diploma. An Account Executive in Kenya with a certificate or diploma education can earn an average salary of 1,345,400 KES.

  • Bachelor's Degree. An Account Executive in Kenya with a bachelor's degree education can earn an average salary of 1,811,000 KES.

  • Master's Degree. An Account Executive in Kenya with a master's degree education can earn an average salary of 2,281,800 KES.

Average Salary by Education Chart

High School
1,172,800 KES
Certificate or Diploma +15%
1,345,400 KES
Bachelor's Degree +35%
1,811,000 KES
Master's Degree +26%
2,281,800 KES

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Kenya is around 734,000 to 2,200,000 KES and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Account Executive Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Kenya, a male account executive will earn an average of 1,678,300 KES, while a female account executive will earn around 1,524,300 KES.

This means that a male account executive earns approximately 10% more than a female account executive for performing the same job.

Average Salary by Gender Chart in Kenya

Male
1,678,300 KES
Female -10%
1,524,300 KES

Account Executive Average Pay Raise in Kenya

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Account Executive in Kenya is around 7% every 29 months.

The national average pay raise across all professions and industries in Kenya is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 29 ) × 12  = 3%

What this means is that an Account Executive in Kenya can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Kenya for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Kenya.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Account Executive Bonus and Incentive Rates in Kenya

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Account Executive is a low bonus based job, with 38% of employees reporting at least one bonus in the last 12 months.

62% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus
38%
No Bonus
62%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Kenya earn approximately 14% more than private sector employees in the same role.

Public Sector
1,908,800 KES
Private Sector -14%
1,678,300 KES

Salaries for Jobs Similar to an Account Executive

In the table below, we have salary information for jobs that are similar to an Account Executive in Kenya.

Job Title Category Salary
Account Examiner Accounting and Finance 957,800 KES
Accountant Accounting and Finance 1,296,900 KES
Accounting Analyst Accounting and Finance 1,621,400 KES
Accounting Assistant Accounting and Finance 1,021,800 KES
Accounting Associate Accounting and Finance 962,300 KES
Accounting Clerk Accounting and Finance 778,500 KES
Accounting Coordinator Accounting and Finance 1,147,600 KES
Accounting Head Accounting and Finance 2,557,100 KES
Accounting Manager Accounting and Finance 2,629,100 KES
Accounting Officer Accounting and Finance 991,000 KES
Accounting Specialist Accounting and Finance 1,835,700 KES
Accounting Supervisor Accounting and Finance 1,703,200 KES
Accounting Technician Accounting and Finance 861,300 KES
Accounting Unit Controller Accounting and Finance 2,230,100 KES
Accounts Executive Accounting and Finance 1,621,400 KES
Accounts Officer Accounting and Finance 970,600 KES
Accounts Payable and Receivable Specialist Accounting and Finance 1,333,900 KES
Accounts Payable Assistant Accounting and Finance 1,080,200 KES
Accounts Payable Associate Accounting and Finance 1,224,800 KES
Accounts Payable Clerk Accounting and Finance 929,700 KES
Accounts Payable Manager Accounting and Finance 2,495,600 KES
Accounts Receivable Administrator Accounting and Finance 1,921,500 KES
Accounts Receivable Clerk Accounting and Finance 948,300 KES
Accounts Receivable Financial Analyst Accounting and Finance 1,777,700 KES
Accounts Receivable Manager Accounting and Finance 2,508,300 KES
Accounts Receivable Team Leader Accounting and Finance 1,967,000 KES
Assistant Accountant Accounting and Finance 1,015,500 KES
Assistant Accounting Manager Accounting and Finance 2,423,000 KES
Assistant Auditor Accounting and Finance 1,273,300 KES
Assistant Corporate Controller Accounting and Finance 1,678,300 KES
Assistant Finance Manager Accounting and Finance 2,688,800 KES
Assistant Financial Controller Accounting and Finance 1,835,700 KES
Audit Director Accounting and Finance 2,941,000 KES
Audit Supervisor Accounting and Finance 2,254,400 KES
Auditing Clerk Accounting and Finance 970,600 KES
Auditing Manager Accounting and Finance 2,688,800 KES
Billing Clerk Accounting and Finance 1,000,700 KES
Billing Coordinator Accounting and Finance 1,212,800 KES
Billing Specialist Accounting and Finance 1,306,100 KES
Billing Supervisor Accounting and Finance 2,038,500 KES
Bookkeeper Accounting and Finance 885,000 KES
Bookkeeping Specialist Accounting and Finance 1,172,800 KES
Budget Analyst Accounting and Finance 2,124,400 KES
Budget Manager Accounting and Finance 2,566,100 KES
Business Support Analyst Accounting and Finance 1,428,800 KES
Capital Markets Associate Accounting and Finance 2,003,200 KES
Cash Flow Analyst Accounting and Finance 1,896,700 KES
Cash Management Manager Accounting and Finance 2,519,500 KES
Cash Management Officer Accounting and Finance 1,476,700 KES
Cashbook Clerk Accounting and Finance 915,100 KES
Chartered Accountant Accounting and Finance 1,655,500 KES
Chief Accountant Accounting and Finance 1,921,500 KES
Collections Clerk Accounting and Finance 759,300 KES
Collections Representative Accounting and Finance 1,161,000 KES
Collections Specialist Accounting and Finance 1,273,300 KES
Corporate Controller Accounting and Finance 2,124,400 KES
Corporate Treasurer Accounting and Finance 2,374,400 KES
Cost Accountant Accounting and Finance 1,283,600 KES
Cost Accounting Manager Accounting and Finance 2,495,600 KES
Cost Accounting Supervisor Accounting and Finance 1,980,600 KES
Cost Analyst Accounting and Finance 2,026,800 KES
Credit and Collection Manager Accounting and Finance 2,485,800 KES
Credit and Collection Staff Accounting and Finance 976,300 KES
Credit and Loans Officer Accounting and Finance 931,900 KES
Credit Controller Accounting and Finance 1,846,200 KES
Credit Manager Accounting and Finance 2,711,900 KES
Debt Adviser Accounting and Finance 2,161,200 KES
Debt Collector Accounting and Finance 1,065,400 KES
Debtors Clerk Accounting and Finance 887,100 KES
Debtors Controller Accounting and Finance 991,000 KES
Deputy CFO Accounting and Finance 3,490,200 KES
Deputy Head of Finance Accounting and Finance 3,564,300 KES
Derivative Trader Accounting and Finance 2,110,600 KES
Director of Finance Accounting and Finance 3,912,600 KES
Economist Accounting and Finance 2,914,600 KES
Equity Analyst Accounting and Finance 2,339,200 KES
Escrow Assistant Accounting and Finance 1,172,800 KES
Executive Accountant Accounting and Finance 1,476,700 KES
External Auditor Accounting and Finance 1,825,000 KES
Finance Administrator Accounting and Finance 1,450,700 KES
Finance Analyst Accounting and Finance 2,242,500 KES
Finance Associate Accounting and Finance 1,092,200 KES
Finance Director Accounting and Finance 3,745,100 KES
Finance Executive Accounting and Finance 2,773,700 KES
Finance Licensing Clerk Accounting and Finance 938,700 KES
Finance Licensing Manager Accounting and Finance 2,508,300 KES
Finance Licensing Specialist Accounting and Finance 1,440,700 KES
Finance Manager Accounting and Finance 3,601,500 KES
Finance Officer Accounting and Finance 1,259,300 KES
Finance President Accounting and Finance 3,610,800 KES
Finance Relationship Manager Accounting and Finance 3,094,100 KES
Finance Release Analyst Accounting and Finance 1,547,500 KES
Finance Specialist Accounting and Finance 2,146,100 KES
Finance Team Leader Accounting and Finance 2,868,600 KES
Financial Accountant Accounting and Finance 1,333,900 KES
Financial Actuary Accounting and Finance 1,870,400 KES
Financial Administrator Accounting and Finance 2,197,700 KES
Financial Advisor Accounting and Finance 2,374,400 KES
Financial Analyst Accounting and Finance 2,304,300 KES
Financial Applications Specialist Accounting and Finance 1,693,600 KES
Financial Assistant Accounting and Finance 993,600 KES
Financial Associate Accounting and Finance 1,004,400 KES
Financial Associate Accounting and Finance 1,273,300 KES
Financial Claims Analyst Accounting and Finance 1,777,700 KES
Financial Claims Manager Accounting and Finance 2,374,400 KES
Financial Claims Supervisor Accounting and Finance 2,230,100 KES
Financial Clerk Accounting and Finance 949,600 KES
Financial Commercial Analyst Accounting and Finance 1,908,800 KES
Financial Compliance Analyst Accounting and Finance 1,990,300 KES
Financial Consultant Accounting and Finance 1,741,800 KES
Financial Controller Accounting and Finance 1,990,300 KES
Financial Controller Accounting and Finance 2,124,400 KES
Financial Coordinator Accounting and Finance 1,192,400 KES
Financial Customer Service Manager Accounting and Finance 2,401,300 KES
Financial Dealer and Broker Accounting and Finance 1,369,700 KES
Financial Director Accounting and Finance 3,863,700 KES
Financial Encoder Accounting and Finance 1,134,500 KES
Financial Manager Accounting and Finance 3,421,600 KES
Financial Manager Accounting and Finance 3,696,900 KES
Financial Operations Manager Accounting and Finance 3,263,500 KES
Financial Policy Analyst Accounting and Finance 1,967,000 KES
Financial Project Manager Accounting and Finance 2,593,900 KES
Financial Quantitative Analyst Accounting and Finance 2,161,200 KES
Financial Reporting Consultant Accounting and Finance 1,870,400 KES
Financial Reporting Manager Accounting and Finance 2,423,000 KES
Financial Section Head Accounting and Finance 2,339,200 KES
Financial Services Manager Accounting and Finance 3,395,900 KES
Financial Services Sales Agent Accounting and Finance 1,417,600 KES
Fixed Assets Administrator Accounting and Finance 1,333,900 KES
Forensic Accountant Accounting and Finance 1,560,800 KES
Fraud Detection Supervisor Accounting and Finance 1,632,100 KES
Fraud Prevention Manager Accounting and Finance 2,734,500 KES
Fund Accountant Accounting and Finance 1,175,700 KES
Grants Coordinator Accounting and Finance 987,200 KES
Group Financial Manager Accounting and Finance 3,733,300 KES
Internal Auditor Accounting and Finance 1,765,300 KES
Internal Control Adviser Accounting and Finance 2,086,500 KES
Internal Control Officer Accounting and Finance 1,168,300 KES
International Tax Director Accounting and Finance 3,085,500 KES
Inventory Accountant Accounting and Finance 1,369,700 KES
Investment Advisor Accounting and Finance 3,323,300 KES
Investment Analyst Accounting and Finance 2,485,800 KES
Investment Associate Accounting and Finance 2,052,200 KES
Investment Broker Accounting and Finance 2,136,200 KES
Investment Fund Manager Accounting and Finance 2,759,700 KES
Investment Operations Manager Accounting and Finance 2,868,600 KES
Investment Underwriter Accounting and Finance 1,067,300 KES
Investor Accounting and Finance 1,645,600 KES
Investor Relations Manager Accounting and Finance 2,593,900 KES
KYC Team Leader Accounting and Finance 2,579,200 KES
Loan Processor Accounting and Finance 1,097,500 KES
Management Accountant Accounting and Finance 1,405,700 KES
Management Economist Accounting and Finance 2,998,500 KES
Paymaster Accounting and Finance 1,067,300 KES
Payroll Administrator Accounting and Finance 1,765,300 KES
Payroll Benefits Coordinator Accounting and Finance 1,369,700 KES
Payroll Billing Manager Accounting and Finance 2,281,800 KES
Payroll Clerk Accounting and Finance 1,067,500 KES
Payroll Manager Accounting and Finance 2,266,400 KES
Payroll Officer Accounting and Finance 1,099,800 KES
Payroll Specialist Accounting and Finance 1,333,900 KES
Payroll Supervisor Accounting and Finance 1,594,500 KES
Pensions Administrator Accounting and Finance 1,369,700 KES
Personal Financial Advisor Accounting and Finance 1,825,000 KES
Pricing Analyst Accounting and Finance 2,065,400 KES
Private Equity Analyst Accounting and Finance 2,221,600 KES
Project Accountant Accounting and Finance 1,417,600 KES
Proposal Development Coordinator Accounting and Finance 1,144,400 KES
Receivables Accountant Accounting and Finance 1,198,300 KES
Regulatory Accountant Accounting and Finance 1,391,600 KES
Retirement Plan Analyst Accounting and Finance 2,124,400 KES
Revenue Management Specialist Accounting and Finance 2,230,100 KES
Revenue Recognition Analyst Accounting and Finance 2,290,300 KES
Risk Management Director Accounting and Finance 3,156,400 KES
Risk Management Supervisor Accounting and Finance 2,617,900 KES
Staff Accountant Accounting and Finance 1,172,900 KES
Tax Accountant Accounting and Finance 1,259,300 KES
Tax Administrator Accounting and Finance 1,391,600 KES
Tax Advisor Accounting and Finance 1,990,300 KES
Tax Analyst Accounting and Finance 2,015,600 KES
Tax Associate Accounting and Finance 1,142,900 KES
Tax Consultant Accounting and Finance 2,124,400 KES
Tax Director Accounting and Finance 3,108,200 KES
Tax Examiner Accounting and Finance 1,369,700 KES
Tax Manager Accounting and Finance 2,734,500 KES
Tax Research Manager Accounting and Finance 2,495,600 KES
Teller Accounting and Finance 737,000 KES
Treasury Accountant Accounting and Finance 1,345,400 KES
Treasury Analyst Accounting and Finance 2,136,200 KES
Underwriter Accounting and Finance 883,500 KES
Underwriting Assistant Accounting and Finance 838,100 KES
Vice President of Finance Accounting and Finance 3,648,200 KES

Salary Comparison by City

If you want to compare salaries with different cities in Kenya, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Kisumu 1,711,150 KES
Mombasa 1,843,400 KES
Nairobi 2,147,100 KES

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