Average Accounts Payable Manager Salary in Comoros for 2024

In this article, we will look at the average Accounts Payable Manager salary for 2024 in Comoros 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 Comorian franc. To keep things simple, we are using the KMF currency code instead of the currency symbol Fr.

How Much Does an Accounts Payable Manager Make in Comoros?

An Accounts Payable Manager working in Comoros will typically earn around 4,991,200 KMF per year, and this can range from the lowest average salary of about 2,593,900 KMF to the highest average salary of 7,633,100 KMF.

Average Annual Salary
4,991,200 KMF
Average Monthly Salary
415,933 KMF

Lowest Annual Salary
2,593,900 KMF
Lowest Monthly Salary
216,158 KMF

Highest Annual Salary
7,633,100 KMF
Highest Monthly Salary
636,091 KMF

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

Accounts Payable Manager 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 Accounts Payable Manager Salaries in Comoros

So we've looked at the average salaries an Accounts Payable Manager will earn in Comoros. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Accounts Payable Manager can earn between 2,593,900 KMF and 7,633,100 KMF on average in Comoros. 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 Accounts Payable Manager in Comoros is 4,786,100 KMF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 4,786,100 KMF, and 50% of the population earn more than 4,786,100 KMF.

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 Accounts Payable Manager salary in Comoros, 25% of the population are earning less than 3,323,300 KMF while 75% of the population earn more than 3,323,300 KMF.

75% of the population earn less than 5,963,300 KMF, and 25% of the population earn more than 5,963,300 KMF.

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.

Accounts Payable Manager Salary by Experience Level in Comoros

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 accounts payable manager 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 Accounts Payable Manager in Comoros that has less than two years of experience can expect to earn somewhere in the region of 2,953,200 KMF.
  • 2 - 5 Years Experience. With two to five years of experience the average Accounts Payable Manager salary would increase to 3,959,700 KMF.
  • 5 - 10 Years Experience. From five to ten years of experience as an Accounts Payable Manager, the average salary would be 5,136,500 KMF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 6,228,100 KMF.
  • 15 - 20 Years Experience. An Accounts Payable Manager with 15 to 20 years of experience can earn an average of 6,804,900 KMF.
  • 20+ Years Experience. For an Accounts Payable Manager with more than 20 years, the expected average salary increases to 7,164,900 KMF.

Average Salary by Experience Chart

0-2 Years
2,953,200 KMF
2-5 Years +34%
3,959,700 KMF
5-10 Years +30%
5,136,500 KMF
10-15 Years +21%
6,228,100 KMF
15-20 Years +9%
6,804,900 KMF
20+ Years +5%
7,164,900 KMF

Accounts Payable Manager Salary by Education Level in Comoros

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 Accounts Payable Manager in Comoros based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. An Accounts Payable Manager in Comoros with a certificate or diploma education can earn an average salary of 3,503,800 KMF.

  • Bachelor's Degree. An Accounts Payable Manager in Comoros with a bachelor's degree education can earn an average salary of 5,315,900 KMF.

  • Master's Degree. An Accounts Payable Manager in Comoros with a master's degree education can earn an average salary of 7,537,100 KMF.

Average Salary by Education Chart

Certificate or Diploma
3,503,800 KMF
Bachelor's Degree +52%
5,315,900 KMF
Master's Degree +42%
7,537,100 KMF

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 Comoros is around 1,510,000 to 4,530,000 KMF 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.

Accounts Payable Manager 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 Comoros, a male accounts payable manager will earn an average of 5,315,900 KMF, while a female accounts payable manager will earn around 4,777,400 KMF.

This means that a male accounts payable manager earns approximately 11% more than a female accounts payable manager for performing the same job.

Average Salary by Gender Chart in Comoros

Male
5,315,900 KMF
Female -11%
4,777,400 KMF

Accounts Payable Manager Average Pay Raise in Comoros

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 Accounts Payable Manager in Comoros is around 9% every 28 months.

The national average pay raise across all professions and industries in Comoros is around 5% every 28 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 = ( 9 ÷ 28 ) × 12  = 4%

What this means is that an Accounts Payable Manager in Comoros can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Comoros for 2024

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

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%

Accounts Payable Manager Bonus and Incentive Rates in Comoros

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 Accounts Payable Manager is a moderate bonus based job, with 61% of employees reporting at least one bonus in the last 12 months.

39% 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 6% to 8%.

Received Bonus
61%
No Bonus
39%

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

Public Sector
3,912,600 KMF
Private Sector -14%
3,444,200 KMF

Salaries for Jobs Similar to an Accounts Payable Manager

In the table below, we have salary information for jobs that are similar to an Accounts Payable Manager in Comoros.

Job Title Category Salary
Account Examiner Accounting and Finance 1,858,200 KMF
Account Executive Accounting and Finance 3,132,800 KMF
Accountant Accounting and Finance 2,362,300 KMF
Accounting Analyst Accounting and Finance 3,085,500 KMF
Accounting Assistant Accounting and Finance 1,942,700 KMF
Accounting Associate Accounting and Finance 1,835,700 KMF
Accounting Clerk Accounting and Finance 1,537,500 KMF
Accounting Coordinator Accounting and Finance 2,230,100 KMF
Accounting Head Accounting and Finance 4,956,800 KMF
Accounting Manager Accounting and Finance 5,388,100 KMF
Accounting Officer Accounting and Finance 1,955,300 KMF
Accounting Specialist Accounting and Finance 3,395,900 KMF
Accounting Supervisor Accounting and Finance 3,490,200 KMF
Accounting Technician Accounting and Finance 1,703,200 KMF
Accounting Unit Controller Accounting and Finance 4,414,800 KMF
Accounts Executive Accounting and Finance 3,359,900 KMF
Accounts Officer Accounting and Finance 2,052,200 KMF
Accounts Payable and Receivable Specialist Accounting and Finance 2,617,900 KMF
Accounts Payable Assistant Accounting and Finance 1,990,300 KMF
Accounts Payable Associate Accounting and Finance 2,423,000 KMF
Accounts Payable Clerk Accounting and Finance 1,980,600 KMF
Accounts Receivable Administrator Accounting and Finance 3,889,500 KMF
Accounts Receivable Clerk Accounting and Finance 1,967,000 KMF
Accounts Receivable Financial Analyst Accounting and Finance 3,539,100 KMF
Accounts Receivable Manager Accounting and Finance 4,895,800 KMF
Accounts Receivable Team Leader Accounting and Finance 3,889,500 KMF
Assistant Accountant Accounting and Finance 1,930,500 KMF
Assistant Accounting Manager Accounting and Finance 4,594,300 KMF
Assistant Auditor Accounting and Finance 2,629,100 KMF
Assistant Corporate Controller Accounting and Finance 3,323,300 KMF
Assistant Finance Manager Accounting and Finance 5,053,200 KMF
Assistant Financial Controller Accounting and Finance 3,503,800 KMF
Audit Director Accounting and Finance 5,724,700 KMF
Audit Supervisor Accounting and Finance 4,786,100 KMF
Auditing Clerk Accounting and Finance 2,052,200 KMF
Auditing Manager Accounting and Finance 5,412,700 KMF
Billing Clerk Accounting and Finance 2,026,800 KMF
Billing Coordinator Accounting and Finance 2,304,300 KMF
Billing Specialist Accounting and Finance 2,773,700 KMF
Billing Supervisor Accounting and Finance 3,755,300 KMF
Bookkeeper Accounting and Finance 1,693,600 KMF
Bookkeeping Specialist Accounting and Finance 2,327,100 KMF
Budget Analyst Accounting and Finance 4,211,600 KMF
Budget Manager Accounting and Finance 5,292,500 KMF
Business Support Analyst Accounting and Finance 2,964,800 KMF
Capital Markets Associate Accounting and Finance 3,934,900 KMF
Cash Flow Analyst Accounting and Finance 3,672,500 KMF
Cash Management Manager Accounting and Finance 5,053,200 KMF
Cash Management Officer Accounting and Finance 2,782,600 KMF
Cashbook Clerk Accounting and Finance 1,693,600 KMF
Chartered Accountant Accounting and Finance 3,253,900 KMF
Chief Accountant Accounting and Finance 3,863,700 KMF
Collections Clerk Accounting and Finance 1,510,400 KMF
Collections Representative Accounting and Finance 2,136,200 KMF
Collections Specialist Accounting and Finance 2,698,900 KMF
Corporate Controller Accounting and Finance 4,176,700 KMF
Corporate Treasurer Accounting and Finance 5,063,200 KMF
Cost Accountant Accounting and Finance 2,485,800 KMF
Cost Accounting Manager Accounting and Finance 5,003,800 KMF
Cost Accounting Supervisor Accounting and Finance 4,067,600 KMF
Cost Analyst Accounting and Finance 4,201,000 KMF
Credit and Collection Manager Accounting and Finance 5,123,800 KMF
Credit and Collection Staff Accounting and Finance 2,026,800 KMF
Credit and Loans Officer Accounting and Finance 1,811,000 KMF
Credit Controller Accounting and Finance 3,421,600 KMF
Credit Manager Accounting and Finance 5,471,700 KMF
Debt Adviser Accounting and Finance 4,369,800 KMF
Debt Collector Accounting and Finance 2,026,800 KMF
Debtors Clerk Accounting and Finance 1,728,900 KMF
Debtors Controller Accounting and Finance 1,955,300 KMF
Deputy CFO Accounting and Finance 7,007,800 KMF
Deputy Head of Finance Accounting and Finance 6,984,300 KMF
Derivative Trader Accounting and Finance 4,345,400 KMF
Director of Finance Accounting and Finance 7,464,400 KMF
Economist Accounting and Finance 5,806,300 KMF
Equity Analyst Accounting and Finance 4,594,300 KMF
Escrow Assistant Accounting and Finance 2,230,100 KMF
Executive Accountant Accounting and Finance 2,987,000 KMF
External Auditor Accounting and Finance 3,455,900 KMF
Finance Administrator Accounting and Finance 3,085,500 KMF
Finance Analyst Accounting and Finance 4,450,400 KMF
Finance Associate Accounting and Finance 2,184,900 KMF
Finance Director Accounting and Finance 7,763,600 KMF
Finance Executive Accounting and Finance 5,242,700 KMF
Finance Licensing Clerk Accounting and Finance 1,777,700 KMF
Finance Licensing Manager Accounting and Finance 4,931,400 KMF
Finance Licensing Specialist Accounting and Finance 2,653,700 KMF
Finance Manager Accounting and Finance 6,997,000 KMF
Finance Officer Accounting and Finance 2,460,900 KMF
Finance President Accounting and Finance 7,164,900 KMF
Finance Relationship Manager Accounting and Finance 6,109,700 KMF
Finance Release Analyst Accounting and Finance 2,953,200 KMF
Finance Specialist Accounting and Finance 4,345,400 KMF
Finance Team Leader Accounting and Finance 5,591,900 KMF
Financial Accountant Accounting and Finance 2,629,100 KMF
Financial Actuary Accounting and Finance 3,970,700 KMF
Financial Administrator Accounting and Finance 4,032,100 KMF
Financial Advisor Accounting and Finance 4,510,700 KMF
Financial Analyst Accounting and Finance 4,475,900 KMF
Financial Applications Specialist Accounting and Finance 3,132,800 KMF
Financial Assistant Accounting and Finance 2,110,600 KMF
Financial Associate Accounting and Finance 2,065,400 KMF
Financial Associate Accounting and Finance 2,495,600 KMF
Financial Claims Analyst Accounting and Finance 3,253,900 KMF
Financial Claims Manager Accounting and Finance 4,524,400 KMF
Financial Claims Supervisor Accounting and Finance 4,403,400 KMF
Financial Clerk Accounting and Finance 1,955,300 KMF
Financial Commercial Analyst Accounting and Finance 3,503,800 KMF
Financial Compliance Analyst Accounting and Finance 4,224,200 KMF
Financial Consultant Accounting and Finance 3,406,900 KMF
Financial Controller Accounting and Finance 3,959,700 KMF
Financial Controller Accounting and Finance 4,056,200 KMF
Financial Coordinator Accounting and Finance 2,327,100 KMF
Financial Customer Service Manager Accounting and Finance 4,558,700 KMF
Financial Dealer and Broker Accounting and Finance 2,819,600 KMF
Financial Director Accounting and Finance 7,583,100 KMF
Financial Encoder Accounting and Finance 2,230,100 KMF
Financial Manager Accounting and Finance 6,768,400 KMF
Financial Manager Accounting and Finance 7,030,600 KMF
Financial Operations Manager Accounting and Finance 6,577,500 KMF
Financial Policy Analyst Accounting and Finance 3,946,200 KMF
Financial Project Manager Accounting and Finance 5,183,700 KMF
Financial Quantitative Analyst Accounting and Finance 4,176,700 KMF
Financial Reporting Consultant Accounting and Finance 3,648,200 KMF
Financial Reporting Manager Accounting and Finance 4,870,300 KMF
Financial Section Head Accounting and Finance 4,966,200 KMF
Financial Services Manager Accounting and Finance 6,696,900 KMF
Financial Services Sales Agent Accounting and Finance 2,662,900 KMF
Fixed Assets Administrator Accounting and Finance 2,688,800 KMF
Forensic Accountant Accounting and Finance 3,085,500 KMF
Fraud Detection Supervisor Accounting and Finance 3,229,900 KMF
Fraud Prevention Manager Accounting and Finance 5,063,200 KMF
Fund Accountant Accounting and Finance 2,495,600 KMF
Grants Coordinator Accounting and Finance 1,882,700 KMF
Group Financial Manager Accounting and Finance 7,537,100 KMF
Internal Auditor Accounting and Finance 3,469,900 KMF
Internal Control Adviser Accounting and Finance 4,116,600 KMF
Internal Control Officer Accounting and Finance 2,161,200 KMF
International Tax Director Accounting and Finance 5,975,000 KMF
Inventory Accountant Accounting and Finance 2,688,800 KMF
Investment Advisor Accounting and Finance 6,624,300 KMF
Investment Analyst Accounting and Finance 5,136,500 KMF
Investment Associate Accounting and Finance 4,355,800 KMF
Investment Broker Accounting and Finance 4,140,900 KMF
Investment Fund Manager Accounting and Finance 5,495,200 KMF
Investment Operations Manager Accounting and Finance 5,771,600 KMF
Investment Underwriter Accounting and Finance 2,197,700 KMF
Investor Accounting and Finance 3,299,800 KMF
Investor Relations Manager Accounting and Finance 4,870,300 KMF
KYC Team Leader Accounting and Finance 4,919,600 KMF
Loan Processor Accounting and Finance 2,086,500 KMF
Management Accountant Accounting and Finance 2,698,900 KMF
Management Economist Accounting and Finance 5,639,700 KMF
Paymaster Accounting and Finance 1,955,300 KMF
Payroll Administrator Accounting and Finance 3,385,800 KMF
Payroll Benefits Coordinator Accounting and Finance 2,807,200 KMF
Payroll Billing Manager Accounting and Finance 4,860,800 KMF
Payroll Clerk Accounting and Finance 2,124,400 KMF
Payroll Manager Accounting and Finance 4,667,500 KMF
Payroll Officer Accounting and Finance 2,197,700 KMF
Payroll Specialist Accounting and Finance 2,759,700 KMF
Payroll Supervisor Accounting and Finance 3,094,100 KMF
Pensions Administrator Accounting and Finance 2,566,100 KMF
Personal Financial Advisor Accounting and Finance 3,733,300 KMF
Pricing Analyst Accounting and Finance 4,235,500 KMF
Private Equity Analyst Accounting and Finance 4,570,300 KMF
Project Accountant Accounting and Finance 2,698,900 KMF
Proposal Development Coordinator Accounting and Finance 2,161,200 KMF
Receivables Accountant Accounting and Finance 2,266,400 KMF
Regulatory Accountant Accounting and Finance 2,711,900 KMF
Retirement Plan Analyst Accounting and Finance 4,176,700 KMF
Revenue Management Specialist Accounting and Finance 4,116,600 KMF
Revenue Recognition Analyst Accounting and Finance 4,860,800 KMF
Risk Management Director Accounting and Finance 6,382,300 KMF
Risk Management Supervisor Accounting and Finance 4,991,200 KMF
Staff Accountant Accounting and Finance 2,485,800 KMF
Tax Accountant Accounting and Finance 2,314,800 KMF
Tax Administrator Accounting and Finance 2,629,100 KMF
Tax Advisor Accounting and Finance 3,898,100 KMF
Tax Analyst Accounting and Finance 3,696,900 KMF
Tax Associate Accounting and Finance 2,197,700 KMF
Tax Consultant Accounting and Finance 4,043,600 KMF
Tax Director Accounting and Finance 6,156,100 KMF
Tax Examiner Accounting and Finance 2,593,900 KMF
Tax Manager Accounting and Finance 5,399,900 KMF
Tax Research Manager Accounting and Finance 5,136,500 KMF
Teller Accounting and Finance 1,570,900 KMF
Treasury Accountant Accounting and Finance 2,653,700 KMF
Treasury Analyst Accounting and Finance 4,162,800 KMF
Underwriter Accounting and Finance 1,765,300 KMF
Underwriting Assistant Accounting and Finance 1,741,800 KMF
Vice President of Finance Accounting and Finance 7,174,700 KMF

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