Average Accounts Payable Manager Salary in Democratic Republic of the Congo for 2024

In this article, we will look at the average Accounts Payable Manager salary for 2024 in Democratic Republic of the Congo 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 Congolese franc. To keep things simple, we are using the CDF currency code instead of the currency symbol FC.

How Much Does an Accounts Payable Manager Make in Democratic Republic of the Congo?

An Accounts Payable Manager working in Democratic Republic of the Congo will typically earn around 7,882,800 CDF per year, and this can range from the lowest average salary of about 4,176,700 CDF to the highest average salary of 11,974,500 CDF.

Average Annual Salary
7,882,800 CDF
Average Monthly Salary
656,900 CDF

Lowest Annual Salary
4,176,700 CDF
Lowest Monthly Salary
348,058 CDF

Highest Annual Salary
11,974,500 CDF
Highest Monthly Salary
997,875 CDF

These are average salaries for an Accounts Payable Manager in Democratic Republic of the Congo 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 Democratic Republic of the Congo

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

Salary ranges

We already know that an Accounts Payable Manager can earn between 4,176,700 CDF and 11,974,500 CDF on average in Democratic Republic of the Congo. 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 Democratic Republic of the Congo is 7,404,700 CDF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 7,404,700 CDF, and 50% of the population earn more than 7,404,700 CDF.

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 Democratic Republic of the Congo, 25% of the population are earning less than 5,209,200 CDF while 75% of the population earn more than 5,209,200 CDF.

75% of the population earn less than 9,106,400 CDF, and 25% of the population earn more than 9,106,400 CDF.

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 Democratic Republic of the Congo

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 Democratic Republic of the Congo that has less than two years of experience can expect to earn somewhere in the region of 4,799,700 CDF.
  • 2 - 5 Years Experience. With two to five years of experience the average Accounts Payable Manager salary would increase to 5,890,200 CDF.
  • 5 - 10 Years Experience. From five to ten years of experience as an Accounts Payable Manager, the average salary would be 8,352,700 CDF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 9,754,300 CDF.
  • 15 - 20 Years Experience. An Accounts Payable Manager with 15 to 20 years of experience can earn an average of 10,727,200 CDF.
  • 20+ Years Experience. For an Accounts Payable Manager with more than 20 years, the expected average salary increases to 11,352,300 CDF.

Average Salary by Experience Chart

0-2 Years
4,799,700 CDF
2-5 Years +23%
5,890,200 CDF
5-10 Years +42%
8,352,700 CDF
10-15 Years +17%
9,754,300 CDF
15-20 Years +10%
10,727,200 CDF
20+ Years +6%
11,352,300 CDF

Accounts Payable Manager Salary by Education Level in Democratic Republic of the Congo

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 Democratic Republic of the Congo 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 Democratic Republic of the Congo with a certificate or diploma education can earn an average salary of 5,890,200 CDF.

  • Bachelor's Degree. An Accounts Payable Manager in Democratic Republic of the Congo with a bachelor's degree education can earn an average salary of 7,606,200 CDF.

  • Master's Degree. An Accounts Payable Manager in Democratic Republic of the Congo with a master's degree education can earn an average salary of 10,882,800 CDF.

Average Salary by Education Chart

Certificate or Diploma
5,890,200 CDF
Bachelor's Degree +29%
7,606,200 CDF
Master's Degree +43%
10,882,800 CDF

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 Democratic Republic of the Congo is around 2,370,000 to 7,120,000 CDF 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 Democratic Republic of the Congo, a male accounts payable manager will earn an average of 8,339,300 CDF, while a female accounts payable manager will earn around 7,115,800 CDF.

This means that a male accounts payable manager earns approximately 17% more than a female accounts payable manager for performing the same job.

Average Salary by Gender Chart in Democratic Republic of the Congo

Male
8,339,300 CDF
Female -17%
7,115,800 CDF

Accounts Payable Manager Average Pay Raise in Democratic Republic of the Congo

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 Democratic Republic of the Congo is around 9% every 28 months.

The national average pay raise across all professions and industries in Democratic Republic of the Congo 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 Democratic Republic of the Congo can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Democratic Republic of the Congo for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Accounts Payable Manager Bonus and Incentive Rates in Democratic Republic of the Congo

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 60% of employees reporting at least one bonus in the last 12 months.

40% 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
60%
No Bonus
40%

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 Democratic Republic of the Congo earn approximately 7% more than private sector employees in the same role.

Public Sector
5,868,200 CDF
Private Sector -7%
5,461,900 CDF

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 Democratic Republic of the Congo.

Job Title Category Salary
Account Examiner Accounting and Finance 2,819,600 CDF
Account Executive Accounting and Finance 5,088,900 CDF
Accountant Accounting and Finance 3,696,900 CDF
Accounting Analyst Accounting and Finance 4,908,200 CDF
Accounting Assistant Accounting and Finance 3,047,800 CDF
Accounting Associate Accounting and Finance 2,734,500 CDF
Accounting Clerk Accounting and Finance 2,411,500 CDF
Accounting Coordinator Accounting and Finance 3,385,800 CDF
Accounting Head Accounting and Finance 8,051,500 CDF
Accounting Manager Accounting and Finance 8,471,700 CDF
Accounting Officer Accounting and Finance 2,819,600 CDF
Accounting Specialist Accounting and Finance 5,423,100 CDF
Accounting Supervisor Accounting and Finance 5,232,400 CDF
Accounting Technician Accounting and Finance 2,653,700 CDF
Accounting Unit Controller Accounting and Finance 6,360,600 CDF
Accounts Executive Accounting and Finance 5,088,900 CDF
Accounts Officer Accounting and Finance 2,976,900 CDF
Accounts Payable and Receivable Specialist Accounting and Finance 3,863,700 CDF
Accounts Payable Assistant Accounting and Finance 3,061,300 CDF
Accounts Payable Associate Accounting and Finance 3,648,200 CDF
Accounts Payable Clerk Accounting and Finance 2,819,600 CDF
Accounts Receivable Administrator Accounting and Finance 5,843,600 CDF
Accounts Receivable Clerk Accounting and Finance 2,819,600 CDF
Accounts Receivable Financial Analyst Accounting and Finance 5,591,900 CDF
Accounts Receivable Manager Accounting and Finance 7,750,400 CDF
Accounts Receivable Team Leader Accounting and Finance 5,555,200 CDF
Assistant Accountant Accounting and Finance 3,047,800 CDF
Assistant Accounting Manager Accounting and Finance 7,081,500 CDF
Assistant Auditor Accounting and Finance 3,781,400 CDF
Assistant Corporate Controller Accounting and Finance 5,423,100 CDF
Assistant Finance Manager Accounting and Finance 8,305,400 CDF
Assistant Financial Controller Accounting and Finance 5,146,100 CDF
Audit Director Accounting and Finance 9,142,700 CDF
Audit Supervisor Accounting and Finance 6,922,100 CDF
Auditing Clerk Accounting and Finance 2,976,900 CDF
Auditing Manager Accounting and Finance 7,882,800 CDF
Billing Clerk Accounting and Finance 3,047,800 CDF
Billing Coordinator Accounting and Finance 3,455,900 CDF
Billing Specialist Accounting and Finance 4,235,500 CDF
Billing Supervisor Accounting and Finance 6,096,900 CDF
Bookkeeper Accounting and Finance 2,495,600 CDF
Bookkeeping Specialist Accounting and Finance 3,622,400 CDF
Budget Analyst Accounting and Finance 6,862,900 CDF
Budget Manager Accounting and Finance 7,812,200 CDF
Business Support Analyst Accounting and Finance 4,260,400 CDF
Capital Markets Associate Accounting and Finance 5,711,000 CDF
Cash Flow Analyst Accounting and Finance 6,011,900 CDF
Cash Management Manager Accounting and Finance 7,488,800 CDF
Cash Management Officer Accounting and Finance 4,570,300 CDF
Cashbook Clerk Accounting and Finance 2,579,200 CDF
Chartered Accountant Accounting and Finance 4,822,700 CDF
Chief Accountant Accounting and Finance 5,628,400 CDF
Collections Clerk Accounting and Finance 2,327,100 CDF
Collections Representative Accounting and Finance 3,469,900 CDF
Collections Specialist Accounting and Finance 4,067,600 CDF
Corporate Controller Accounting and Finance 6,347,100 CDF
Corporate Treasurer Accounting and Finance 7,618,900 CDF
Cost Accountant Accounting and Finance 3,829,500 CDF
Cost Accounting Manager Accounting and Finance 7,523,300 CDF
Cost Accounting Supervisor Accounting and Finance 6,433,500 CDF
Cost Analyst Accounting and Finance 6,347,100 CDF
Credit and Collection Manager Accounting and Finance 7,561,700 CDF
Credit and Collection Staff Accounting and Finance 2,893,600 CDF
Credit and Loans Officer Accounting and Finance 2,734,500 CDF
Credit Controller Accounting and Finance 5,507,100 CDF
Credit Manager Accounting and Finance 8,305,400 CDF
Debt Adviser Accounting and Finance 6,274,900 CDF
Debt Collector Accounting and Finance 3,217,900 CDF
Debtors Clerk Accounting and Finance 2,748,900 CDF
Debtors Controller Accounting and Finance 2,819,600 CDF
Deputy CFO Accounting and Finance 10,378,100 CDF
Deputy Head of Finance Accounting and Finance 10,378,100 CDF
Derivative Trader Accounting and Finance 6,514,800 CDF
Director of Finance Accounting and Finance 11,772,100 CDF
Economist Accounting and Finance 9,322,700 CDF
Equity Analyst Accounting and Finance 6,721,800 CDF
Escrow Assistant Accounting and Finance 3,385,800 CDF
Executive Accountant Accounting and Finance 4,260,400 CDF
External Auditor Accounting and Finance 5,591,900 CDF
Finance Administrator Accounting and Finance 4,429,300 CDF
Finance Analyst Accounting and Finance 7,199,500 CDF
Finance Associate Accounting and Finance 3,469,900 CDF
Finance Director Accounting and Finance 11,184,400 CDF
Finance Executive Accounting and Finance 8,471,700 CDF
Finance Licensing Clerk Accounting and Finance 2,734,500 CDF
Finance Licensing Manager Accounting and Finance 7,618,900 CDF
Finance Licensing Specialist Accounting and Finance 4,102,700 CDF
Finance Manager Accounting and Finance 11,184,400 CDF
Finance Officer Accounting and Finance 3,817,500 CDF
Finance President Accounting and Finance 11,772,100 CDF
Finance Relationship Manager Accounting and Finance 9,226,300 CDF
Finance Release Analyst Accounting and Finance 4,345,400 CDF
Finance Specialist Accounting and Finance 6,274,900 CDF
Finance Team Leader Accounting and Finance 8,448,800 CDF
Financial Accountant Accounting and Finance 3,781,400 CDF
Financial Actuary Accounting and Finance 5,794,900 CDF
Financial Administrator Accounting and Finance 6,613,100 CDF
Financial Advisor Accounting and Finance 7,246,500 CDF
Financial Analyst Accounting and Finance 7,199,500 CDF
Financial Applications Specialist Accounting and Finance 4,991,200 CDF
Financial Assistant Accounting and Finance 3,061,300 CDF
Financial Associate Accounting and Finance 3,217,900 CDF
Financial Associate Accounting and Finance 3,622,400 CDF
Financial Claims Analyst Accounting and Finance 5,376,200 CDF
Financial Claims Manager Accounting and Finance 6,754,900 CDF
Financial Claims Supervisor Accounting and Finance 6,613,100 CDF
Financial Clerk Accounting and Finance 3,047,800 CDF
Financial Commercial Analyst Accounting and Finance 5,471,700 CDF
Financial Compliance Analyst Accounting and Finance 6,118,800 CDF
Financial Consultant Accounting and Finance 5,063,200 CDF
Financial Controller Accounting and Finance 6,347,100 CDF
Financial Coordinator Accounting and Finance 3,659,400 CDF
Financial Customer Service Manager Accounting and Finance 6,922,100 CDF
Financial Dealer and Broker Accounting and Finance 4,102,700 CDF
Financial Director Accounting and Finance 11,184,400 CDF
Financial Encoder Accounting and Finance 3,217,900 CDF
Financial Manager Accounting and Finance 10,618,800 CDF
Financial Manager Accounting and Finance 11,184,400 CDF
Financial Operations Manager Accounting and Finance 9,661,800 CDF
Financial Policy Analyst Accounting and Finance 6,179,700 CDF
Financial Project Manager Accounting and Finance 7,812,200 CDF
Financial Quantitative Analyst Accounting and Finance 6,514,800 CDF
Financial Reporting Consultant Accounting and Finance 5,471,700 CDF
Financial Reporting Manager Accounting and Finance 7,618,900 CDF
Financial Section Head Accounting and Finance 7,246,500 CDF
Financial Services Manager Accounting and Finance 9,661,800 CDF
Financial Services Sales Agent Accounting and Finance 4,187,600 CDF
Fixed Assets Administrator Accounting and Finance 3,946,200 CDF
Forensic Accountant Accounting and Finance 4,654,300 CDF
Fraud Detection Supervisor Accounting and Finance 4,908,200 CDF
Fraud Prevention Manager Accounting and Finance 7,726,700 CDF
Fund Accountant Accounting and Finance 3,817,500 CDF
Grants Coordinator Accounting and Finance 2,819,600 CDF
Group Financial Manager Accounting and Finance 11,434,900 CDF
Internal Auditor Accounting and Finance 5,063,200 CDF
Internal Control Adviser Accounting and Finance 6,263,400 CDF
Internal Control Officer Accounting and Finance 3,299,800 CDF
International Tax Director Accounting and Finance 9,179,000 CDF
Inventory Accountant Accounting and Finance 4,152,200 CDF
Investment Advisor Accounting and Finance 10,141,000 CDF
Investment Analyst Accounting and Finance 7,882,800 CDF
Investment Associate Accounting and Finance 6,360,600 CDF
Investment Broker Accounting and Finance 6,360,600 CDF
Investment Fund Manager Accounting and Finance 8,891,600 CDF
Investment Operations Manager Accounting and Finance 8,891,600 CDF
Investment Underwriter Accounting and Finance 3,217,900 CDF
Investor Accounting and Finance 5,172,800 CDF
Investor Relations Manager Accounting and Finance 7,642,900 CDF
KYC Team Leader Accounting and Finance 7,703,700 CDF
Loan Processor Accounting and Finance 3,144,700 CDF
Management Accountant Accounting and Finance 4,224,200 CDF
Management Economist Accounting and Finance 8,856,100 CDF
Paymaster Accounting and Finance 3,061,300 CDF
Payroll Administrator Accounting and Finance 5,256,700 CDF
Payroll Benefits Coordinator Accounting and Finance 4,403,400 CDF
Payroll Billing Manager Accounting and Finance 6,922,100 CDF
Payroll Clerk Accounting and Finance 3,299,800 CDF
Payroll Manager Accounting and Finance 7,285,700 CDF
Payroll Officer Accounting and Finance 3,469,900 CDF
Payroll Specialist Accounting and Finance 3,946,200 CDF
Payroll Supervisor Accounting and Finance 4,822,700 CDF
Pensions Administrator Accounting and Finance 4,019,900 CDF
Personal Financial Advisor Accounting and Finance 5,628,400 CDF
Pricing Analyst Accounting and Finance 6,613,100 CDF
Private Equity Analyst Accounting and Finance 7,067,300 CDF
Project Accountant Accounting and Finance 4,235,500 CDF
Proposal Development Coordinator Accounting and Finance 3,385,800 CDF
Receivables Accountant Accounting and Finance 3,503,800 CDF
Regulatory Accountant Accounting and Finance 4,369,800 CDF
Retirement Plan Analyst Accounting and Finance 6,347,100 CDF
Revenue Management Specialist Accounting and Finance 6,274,900 CDF
Revenue Recognition Analyst Accounting and Finance 7,369,700 CDF
Risk Management Director Accounting and Finance 9,094,100 CDF
Risk Management Supervisor Accounting and Finance 7,882,800 CDF
Staff Accountant Accounting and Finance 3,622,400 CDF
Tax Accountant Accounting and Finance 3,769,500 CDF
Tax Administrator Accounting and Finance 4,320,200 CDF
Tax Advisor Accounting and Finance 5,794,900 CDF
Tax Analyst Accounting and Finance 6,096,900 CDF
Tax Associate Accounting and Finance 3,217,900 CDF
Tax Consultant Accounting and Finance 6,035,400 CDF
Tax Director Accounting and Finance 9,226,300 CDF
Tax Examiner Accounting and Finance 4,019,900 CDF
Tax Manager Accounting and Finance 7,726,700 CDF
Tax Research Manager Accounting and Finance 8,134,400 CDF
Teller Accounting and Finance 2,254,400 CDF
Treasury Accountant Accounting and Finance 4,162,800 CDF
Treasury Analyst Accounting and Finance 6,613,100 CDF
Underwriter Accounting and Finance 2,653,700 CDF
Underwriting Assistant Accounting and Finance 2,629,100 CDF
Vice President of Finance Accounting and Finance 10,932,200 CDF

Salary Comparison by City

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

City Average Salary
Bukavu 7,618,900 CDF
Kananga 722,401,300 CDF
Kinshasa 8,316,900 CDF
Kisangani 767,000 CDF
Lubumbashi 8,038,700 CDF
Mbuji-Mayi 7,789,700 CDF
Tshikapa 6,815,700 CDF

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  • Average Accounts Payable Manager Salary in Democratic Republic of the Congo for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-accounts-payable-manager-salary-in-democratic-republic-of-the-congo/.