Average Auditing Manager Salary in Mozambique for 2024

In this article, we will look at the average Auditing Manager salary for 2024 in Mozambique 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 Mozambican metical. To keep things simple, we are using the MZN currency code instead of the currency symbol MT.

How Much Does an Auditing Manager Make in Mozambique?

An Auditing Manager working in Mozambique will typically earn around 712,100 MZN per year, and this can range from the lowest average salary of about 327,800 MZN to the highest average salary of 1,130,200 MZN.

Average Annual Salary
712,100 MZN
Average Monthly Salary
59,341 MZN

Lowest Annual Salary
327,800 MZN
Lowest Monthly Salary
27,316 MZN

Highest Annual Salary
1,130,200 MZN
Highest Monthly Salary
94,183 MZN

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

Auditing 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 Auditing Manager Salaries in Mozambique

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

Salary ranges

We already know that an Auditing Manager can earn between 327,800 MZN and 1,130,200 MZN on average in Mozambique. 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 Auditing Manager in Mozambique is 767,500 MZN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 767,500 MZN, and 50% of the population earn more than 767,500 MZN.

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 Auditing Manager salary in Mozambique, 25% of the population are earning less than 493,000 MZN while 75% of the population earn more than 493,000 MZN.

75% of the population earn less than 1,025,100 MZN, and 25% of the population earn more than 1,025,100 MZN.

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.

Auditing Manager Salary by Experience Level in Mozambique

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 auditing 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 Auditing Manager in Mozambique that has less than two years of experience can expect to earn somewhere in the region of 369,300 MZN.
  • 2 - 5 Years Experience. With two to five years of experience the average Auditing Manager salary would increase to 496,100 MZN.
  • 5 - 10 Years Experience. From five to ten years of experience as an Auditing Manager, the average salary would be 733,300 MZN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 895,900 MZN.
  • 15 - 20 Years Experience. An Auditing Manager with 15 to 20 years of experience can earn an average of 973,800 MZN.
  • 20+ Years Experience. For an Auditing Manager with more than 20 years, the expected average salary increases to 1,054,900 MZN.

Average Salary by Experience Chart

0-2 Years
369,300 MZN
2-5 Years +34%
496,100 MZN
5-10 Years +48%
733,300 MZN
10-15 Years +22%
895,900 MZN
15-20 Years +9%
973,800 MZN
20+ Years +8%
1,054,900 MZN

Auditing Manager Salary by Education Level in Mozambique

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 Auditing Manager in Mozambique 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 Auditing Manager in Mozambique with a certificate or diploma education can earn an average salary of 424,300 MZN.

  • Bachelor's Degree. An Auditing Manager in Mozambique with a bachelor's degree education can earn an average salary of 664,500 MZN.

  • Master's Degree. An Auditing Manager in Mozambique with a master's degree education can earn an average salary of 1,113,100 MZN.

Average Salary by Education Chart

Certificate or Diploma
424,300 MZN
Bachelor's Degree +57%
664,500 MZN
Master's Degree +68%
1,113,100 MZN

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 Mozambique is around 201,000 to 603,000 MZN 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.

Auditing 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 Mozambique, a male auditing manager will earn an average of 767,500 MZN, while a female auditing manager will earn around 656,800 MZN.

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

Average Salary by Gender Chart in Mozambique

Male
767,500 MZN
Female -17%
656,800 MZN

Auditing Manager Average Pay Raise in Mozambique

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 Auditing Manager in Mozambique is around 8% every 29 months.

The national average pay raise across all professions and industries in Mozambique 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 = ( 8 ÷ 29 ) × 12  = 3%

What this means is that an Auditing Manager in Mozambique can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Mozambique for 2024

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

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%

Auditing Manager Bonus and Incentive Rates in Mozambique

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 Auditing Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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 5% to 9%.

Received Bonus
67%
No Bonus
33%

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

Public Sector
522,700 MZN
Private Sector -14%
459,700 MZN

Salaries for Jobs Similar to an Auditing Manager

In the table below, we have salary information for jobs that are similar to an Auditing Manager in Mozambique.

Job Title Category Salary
Account Examiner Accounting and Finance 239,000 MZN
Account Executive Accounting and Finance 430,500 MZN
Accountant Accounting and Finance 315,900 MZN
Accounting Analyst Accounting and Finance 409,000 MZN
Accounting Assistant Accounting and Finance 261,300 MZN
Accounting Associate Accounting and Finance 239,000 MZN
Accounting Clerk Accounting and Finance 204,000 MZN
Accounting Coordinator Accounting and Finance 286,400 MZN
Accounting Head Accounting and Finance 683,400 MZN
Accounting Manager Accounting and Finance 717,900 MZN
Accounting Officer Accounting and Finance 257,700 MZN
Accounting Specialist Accounting and Finance 447,700 MZN
Accounting Supervisor Accounting and Finance 453,200 MZN
Accounting Technician Accounting and Finance 239,000 MZN
Accounting Unit Controller Accounting and Finance 582,700 MZN
Accounts Executive Accounting and Finance 433,800 MZN
Accounts Officer Accounting and Finance 272,800 MZN
Accounts Payable and Receivable Specialist Accounting and Finance 361,600 MZN
Accounts Payable Assistant Accounting and Finance 267,100 MZN
Accounts Payable Associate Accounting and Finance 313,700 MZN
Accounts Payable Clerk Accounting and Finance 263,100 MZN
Accounts Payable Manager Accounting and Finance 663,100 MZN
Accounts Receivable Administrator Accounting and Finance 478,000 MZN
Accounts Receivable Clerk Accounting and Finance 263,200 MZN
Accounts Receivable Financial Analyst Accounting and Finance 471,700 MZN
Accounts Receivable Manager Accounting and Finance 650,800 MZN
Accounts Receivable Team Leader Accounting and Finance 491,000 MZN
Assistant Accountant Accounting and Finance 271,300 MZN
Assistant Accounting Manager Accounting and Finance 650,800 MZN
Assistant Auditor Accounting and Finance 330,700 MZN
Assistant Corporate Controller Accounting and Finance 480,300 MZN
Assistant Finance Manager Accounting and Finance 725,700 MZN
Assistant Financial Controller Accounting and Finance 459,700 MZN
Audit Director Accounting and Finance 794,900 MZN
Audit Supervisor Accounting and Finance 633,100 MZN
Auditing Clerk Accounting and Finance 272,800 MZN
Billing Clerk Accounting and Finance 251,500 MZN
Billing Coordinator Accounting and Finance 314,500 MZN
Billing Specialist Accounting and Finance 357,300 MZN
Billing Supervisor Accounting and Finance 544,800 MZN
Bookkeeper Accounting and Finance 222,300 MZN
Bookkeeping Specialist Accounting and Finance 327,800 MZN
Budget Analyst Accounting and Finance 607,400 MZN
Budget Manager Accounting and Finance 692,500 MZN
Business Support Analyst Accounting and Finance 371,100 MZN
Capital Markets Associate Accounting and Finance 493,000 MZN
Cash Flow Analyst Accounting and Finance 529,600 MZN
Cash Management Manager Accounting and Finance 658,300 MZN
Cash Management Officer Accounting and Finance 399,900 MZN
Cashbook Clerk Accounting and Finance 239,000 MZN
Chartered Accountant Accounting and Finance 420,800 MZN
Chief Accountant Accounting and Finance 507,300 MZN
Collections Clerk Accounting and Finance 204,700 MZN
Collections Representative Accounting and Finance 308,300 MZN
Collections Specialist Accounting and Finance 352,000 MZN
Corporate Controller Accounting and Finance 535,900 MZN
Corporate Treasurer Accounting and Finance 658,300 MZN
Cost Accountant Accounting and Finance 351,200 MZN
Cost Accounting Manager Accounting and Finance 648,200 MZN
Cost Accounting Supervisor Accounting and Finance 565,100 MZN
Cost Analyst Accounting and Finance 544,800 MZN
Credit and Collection Manager Accounting and Finance 670,600 MZN
Credit and Collection Staff Accounting and Finance 268,900 MZN
Credit and Loans Officer Accounting and Finance 233,600 MZN
Credit Controller Accounting and Finance 472,000 MZN
Credit Manager Accounting and Finance 707,600 MZN
Debt Adviser Accounting and Finance 581,300 MZN
Debt Collector Accounting and Finance 267,100 MZN
Debtors Clerk Accounting and Finance 238,900 MZN
Debtors Controller Accounting and Finance 257,700 MZN
Deputy CFO Accounting and Finance 913,400 MZN
Deputy Head of Finance Accounting and Finance 907,100 MZN
Derivative Trader Accounting and Finance 563,000 MZN
Director of Finance Accounting and Finance 1,041,900 MZN
Economist Accounting and Finance 767,000 MZN
Equity Analyst Accounting and Finance 602,700 MZN
Escrow Assistant Accounting and Finance 315,900 MZN
Executive Accountant Accounting and Finance 378,800 MZN
External Auditor Accounting and Finance 454,300 MZN
Finance Administrator Accounting and Finance 389,200 MZN
Finance Analyst Accounting and Finance 615,700 MZN
Finance Associate Accounting and Finance 301,700 MZN
Finance Director Accounting and Finance 976,300 MZN
Finance Executive Accounting and Finance 688,900 MZN
Finance Licensing Clerk Accounting and Finance 249,600 MZN
Finance Licensing Manager Accounting and Finance 627,900 MZN
Finance Licensing Specialist Accounting and Finance 375,200 MZN
Finance Manager Accounting and Finance 971,200 MZN
Finance Officer Accounting and Finance 315,700 MZN
Finance President Accounting and Finance 983,100 MZN
Finance Relationship Manager Accounting and Finance 751,100 MZN
Finance Release Analyst Accounting and Finance 386,400 MZN
Finance Specialist Accounting and Finance 543,200 MZN
Finance Team Leader Accounting and Finance 721,600 MZN
Financial Accountant Accounting and Finance 345,700 MZN
Financial Actuary Accounting and Finance 498,500 MZN
Financial Administrator Accounting and Finance 553,400 MZN
Financial Advisor Accounting and Finance 626,800 MZN
Financial Analyst Accounting and Finance 587,800 MZN
Financial Applications Specialist Accounting and Finance 414,000 MZN
Financial Assistant Accounting and Finance 279,400 MZN
Financial Associate Accounting and Finance 263,100 MZN
Financial Associate Accounting and Finance 311,700 MZN
Financial Claims Analyst Accounting and Finance 467,700 MZN
Financial Claims Manager Accounting and Finance 587,800 MZN
Financial Claims Supervisor Accounting and Finance 571,300 MZN
Financial Clerk Accounting and Finance 247,800 MZN
Financial Commercial Analyst Accounting and Finance 467,100 MZN
Financial Compliance Analyst Accounting and Finance 559,000 MZN
Financial Consultant Accounting and Finance 445,100 MZN
Financial Controller Accounting and Finance 520,900 MZN
Financial Controller Accounting and Finance 539,700 MZN
Financial Coordinator Accounting and Finance 325,600 MZN
Financial Customer Service Manager Accounting and Finance 650,800 MZN
Financial Dealer and Broker Accounting and Finance 371,100 MZN
Financial Director Accounting and Finance 1,042,000 MZN
Financial Encoder Accounting and Finance 294,700 MZN
Financial Manager Accounting and Finance 903,500 MZN
Financial Manager Accounting and Finance 931,900 MZN
Financial Operations Manager Accounting and Finance 903,500 MZN
Financial Policy Analyst Accounting and Finance 500,100 MZN
Financial Project Manager Accounting and Finance 672,600 MZN
Financial Quantitative Analyst Accounting and Finance 588,500 MZN
Financial Reporting Consultant Accounting and Finance 499,300 MZN
Financial Reporting Manager Accounting and Finance 618,800 MZN
Financial Section Head Accounting and Finance 620,300 MZN
Financial Services Manager Accounting and Finance 885,000 MZN
Financial Services Sales Agent Accounting and Finance 375,200 MZN
Fixed Assets Administrator Accounting and Finance 369,900 MZN
Forensic Accountant Accounting and Finance 378,800 MZN
Fraud Detection Supervisor Accounting and Finance 415,900 MZN
Fraud Prevention Manager Accounting and Finance 721,600 MZN
Fund Accountant Accounting and Finance 319,600 MZN
Grants Coordinator Accounting and Finance 245,300 MZN
Group Financial Manager Accounting and Finance 974,600 MZN
Internal Auditor Accounting and Finance 455,400 MZN
Internal Control Adviser Accounting and Finance 529,600 MZN
Internal Control Officer Accounting and Finance 308,900 MZN
International Tax Director Accounting and Finance 846,500 MZN
Inventory Accountant Accounting and Finance 341,400 MZN
Investment Advisor Accounting and Finance 939,000 MZN
Investment Analyst Accounting and Finance 658,300 MZN
Investment Associate Accounting and Finance 543,200 MZN
Investment Broker Accounting and Finance 585,900 MZN
Investment Fund Manager Accounting and Finance 758,700 MZN
Investment Operations Manager Accounting and Finance 739,500 MZN
Investment Underwriter Accounting and Finance 275,200 MZN
Investor Accounting and Finance 417,100 MZN
Investor Relations Manager Accounting and Finance 684,900 MZN
KYC Team Leader Accounting and Finance 659,400 MZN
Loan Processor Accounting and Finance 282,300 MZN
Management Accountant Accounting and Finance 381,800 MZN
Management Economist Accounting and Finance 790,600 MZN
Paymaster Accounting and Finance 263,200 MZN
Payroll Administrator Accounting and Finance 430,000 MZN
Payroll Benefits Coordinator Accounting and Finance 372,600 MZN
Payroll Billing Manager Accounting and Finance 648,200 MZN
Payroll Clerk Accounting and Finance 297,000 MZN
Payroll Manager Accounting and Finance 592,600 MZN
Payroll Officer Accounting and Finance 294,700 MZN
Payroll Specialist Accounting and Finance 366,200 MZN
Payroll Supervisor Accounting and Finance 433,400 MZN
Pensions Administrator Accounting and Finance 361,600 MZN
Personal Financial Advisor Accounting and Finance 504,500 MZN
Pricing Analyst Accounting and Finance 539,800 MZN
Private Equity Analyst Accounting and Finance 614,600 MZN
Project Accountant Accounting and Finance 362,200 MZN
Proposal Development Coordinator Accounting and Finance 301,600 MZN
Receivables Accountant Accounting and Finance 319,600 MZN
Regulatory Accountant Accounting and Finance 357,300 MZN
Retirement Plan Analyst Accounting and Finance 535,900 MZN
Revenue Management Specialist Accounting and Finance 585,900 MZN
Revenue Recognition Analyst Accounting and Finance 596,100 MZN
Risk Management Director Accounting and Finance 810,400 MZN
Risk Management Supervisor Accounting and Finance 696,700 MZN
Staff Accountant Accounting and Finance 312,400 MZN
Tax Accountant Accounting and Finance 335,800 MZN
Tax Administrator Accounting and Finance 378,300 MZN
Tax Advisor Accounting and Finance 504,500 MZN
Tax Analyst Accounting and Finance 533,100 MZN
Tax Associate Accounting and Finance 288,100 MZN
Tax Consultant Accounting and Finance 524,700 MZN
Tax Director Accounting and Finance 800,500 MZN
Tax Examiner Accounting and Finance 345,700 MZN
Tax Manager Accounting and Finance 683,400 MZN
Tax Research Manager Accounting and Finance 713,900 MZN
Teller Accounting and Finance 197,600 MZN
Treasury Accountant Accounting and Finance 353,600 MZN
Treasury Analyst Accounting and Finance 553,800 MZN
Underwriter Accounting and Finance 227,600 MZN
Underwriting Assistant Accounting and Finance 225,700 MZN
Vice President of Finance Accounting and Finance 923,000 MZN

Salary Comparison by City

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

City Average Salary
Beira 689,900 MZN
Maputo 761,400 MZN
Matola 747,400 MZN
Nampula 629,800 MZN

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