Average Cash Management Officer Salary in Zimbabwe for 2026

In this article, we will look at the average Cash Management Officer salary for 2026 in Zimbabwe 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 Zimbabwean dollar. To keep things simple, we are using the ZWL currency code instead of the currency symbol $.

How Much Does a Cash Management Officer Make in Zimbabwe?

A Cash Management Officer working in Zimbabwe will typically earn around 2,184,900 ZWL per year, and this can range from the lowest average salary of about 1,004,500 ZWL to the highest average salary of 3,481,100 ZWL.

Average Annual Salary2,184,900 ZWL
Average Monthly Salary182,075 ZWL
Average Lowest Salary1,004,500 ZWL
Lowest Monthly Salary83,708 ZWL
Average Highest Salary3,481,100 ZWL
Highest Monthly Salary290,091 ZWL

These are average salaries for a Cash Management Officer in Zimbabwe and include benefits such as housing and transport. It's also possible for a Cash Management Officer to earn more or less than the average salaries shown above.

Cash Management Officer 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 Cash Management Officer Salaries in Zimbabwe

So we've looked at the average salaries a Cash Management Officer will earn in Zimbabwe. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Cash Management Officer can earn between 1,004,500 ZWL and 3,481,100 ZWL on average in Zimbabwe. 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 a Cash Management Officer in Zimbabwe is 2,362,300 ZWL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,362,300 ZWL, and 50% of the population earn more than 2,362,300 ZWL.

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 Cash Management Officer salary in Zimbabwe, 25% of the population are earning less than 1,510,400 ZWL while 75% of the population earn more than 1,510,400 ZWL.

75% of the population earn less than 3,156,400 ZWL, and 25% of the population earn more than 3,156,400 ZWL.

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.

Cash Management Officer Salary by Experience Level in Zimbabwe

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 Cash Management Officer 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. A Cash Management Officer in Zimbabwe that has less than two years of experience can expect to earn somewhere in the region of 1,141,000 ZWL.
  • 2 - 5 Years Experience. With two to five years of experience the average Cash Management Officer salary would increase to 1,524,300 ZWL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Cash Management Officer, the average salary would be 2,254,400 ZWL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,748,900 ZWL.
  • 15 - 20 Years Experience. A Cash Management Officer with 15 to 20 years of experience can earn an average of 2,998,500 ZWL.
  • 20+ Years Experience. For a Cash Management Officer with more than 20 years, the expected average salary increases to 3,239,400 ZWL.

Average Salary by Experience Chart

0-2 Years-
1,141,000 ZWL
2-5 Years+34%
1,524,300 ZWL
5-10 Years+48%
2,254,400 ZWL
10-15 Years+22%
2,748,900 ZWL
15-20 Years+9%
2,998,500 ZWL
20+ Years+8%
3,239,400 ZWL

Cash Management Officer Salary by Education Level in Zimbabwe

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 a Cash Management Officer in Zimbabwe based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Cash Management Officer in Zimbabwe with a high school education can earn an average salary of 1,405,700 ZWL.
  • Certificate or Diploma. A Cash Management Officer in Zimbabwe with a certificate or diploma education can earn an average salary of 1,645,600 ZWL.
  • Bachelor's Degree. A Cash Management Officer in Zimbabwe with a bachelor's degree education can earn an average salary of 2,389,200 ZWL.
  • Master's Degree. A Cash Management Officer in Zimbabwe with a master's degree education can earn an average salary of 3,132,800 ZWL.

Average Salary by Education Chart

High School-
1,405,700 ZWL
Certificate or Diploma+18%
1,645,600 ZWL
Bachelor's Degree+45%
2,389,200 ZWL
Master's Degree+31%
3,132,800 ZWL

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 Zimbabwe is around 1,080,000 to 3,250,000 ZWL 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.

Cash Management Officer 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 Zimbabwe, a male cash management officer will earn an average of 2,314,800 ZWL, while a female cash management officer will earn around 2,052,200 ZWL.

This means that a male cash management officer earns approximately 13% more than a female cash management officer for performing the same job.

Average Salary by Gender Chart in Zimbabwe

Male-
2,314,800 ZWL
Female-13%
2,052,200 ZWL

Cash Management Officer Average Pay Raise in Zimbabwe

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 a Cash Management Officer in Zimbabwe is around 7% every 29 months.

The national average pay raise across all professions and industries in Zimbabwe 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 a Cash Management Officer in Zimbabwe can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Zimbabwe for 2026

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

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

Banking-
9%
Energy-
9%
Information Technology-
9%
Healthcare-
9%
Travel-
9%
Construction-
9%
Education-
9%

Cash Management Officer Bonus and Incentive Rates in Zimbabwe

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.

A Cash Management Officer is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% 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 2% to 7%.

Received Bonus-
41%
No Bonus-
59%

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 Zimbabwe earn approximately 25% more than private sector employees in the same role.

Public Sector-
2,893,600 ZWL
Private Sector-25%
2,314,800 ZWL

Salaries for Jobs Similar to a Cash Management Officer

In the table below, we have salary information for jobs that are similar to a Cash Management Officer in Zimbabwe.

Job TitleCategorySalary
Account ExaminerAccounting and Finance1,405,700 ZWL
Account ExecutiveAccounting and Finance2,411,500 ZWL
AccountantAccounting and Finance1,728,900 ZWL
Accounting AnalystAccounting and Finance2,146,100 ZWL
Accounting AssistantAccounting and Finance1,417,600 ZWL
Accounting AssociateAccounting and Finance1,283,600 ZWL
Accounting ClerkAccounting and Finance1,110,500 ZWL
Accounting CoordinatorAccounting and Finance1,678,300 ZWL
Accounting HeadAccounting and Finance3,817,500 ZWL
Accounting ManagerAccounting and Finance3,875,100 ZWL
Accounting OfficerAccounting and Finance1,357,900 ZWL
Accounting SpecialistAccounting and Finance2,593,900 ZWL
Accounting SupervisorAccounting and Finance2,411,500 ZWL
Accounting TechnicianAccounting and Finance1,320,500 ZWL
Accounting Unit ControllerAccounting and Finance3,061,300 ZWL
Accounts ExecutiveAccounting and Finance2,304,300 ZWL
Accounts OfficerAccounting and Finance1,417,600 ZWL
Accounts Payable AssistantAccounting and Finance1,510,400 ZWL
Accounts Payable AssociateAccounting and Finance1,693,600 ZWL
Accounts Payable ClerkAccounting and Finance1,417,600 ZWL
Accounts Payable ManagerAccounting and Finance3,553,500 ZWL
Accounts Payable and Receivable SpecialistAccounting and Finance1,800,200 ZWL
Accounts Receivable AdministratorAccounting and Finance2,819,600 ZWL
Accounts Receivable ClerkAccounting and Finance1,391,600 ZWL
Accounts Receivable Financial AnalystAccounting and Finance2,519,500 ZWL
Accounts Receivable ManagerAccounting and Finance3,444,200 ZWL
Accounts Receivable Team LeaderAccounting and Finance2,617,900 ZWL
Assistant AccountantAccounting and Finance1,440,700 ZWL
Assistant Accounting ManagerAccounting and Finance3,277,900 ZWL
Assistant AuditorAccounting and Finance1,908,800 ZWL
Assistant Corporate ControllerAccounting and Finance2,411,500 ZWL
Assistant Finance ManagerAccounting and Finance3,970,700 ZWL
Assistant Financial ControllerAccounting and Finance2,557,100 ZWL
Audit DirectorAccounting and Finance4,152,200 ZWL
Audit SupervisorAccounting and Finance3,288,400 ZWL
Auditing ClerkAccounting and Finance1,417,600 ZWL
Auditing ManagerAccounting and Finance3,635,200 ZWL
Billing ClerkAccounting and Finance1,464,200 ZWL
Billing CoordinatorAccounting and Finance1,655,500 ZWL
Billing SpecialistAccounting and Finance2,026,800 ZWL
Billing SupervisorAccounting and Finance2,748,900 ZWL
BookkeeperAccounting and Finance1,235,600 ZWL
Bookkeeping SpecialistAccounting and Finance1,800,200 ZWL
Budget AnalystAccounting and Finance3,047,800 ZWL
Budget ManagerAccounting and Finance3,817,500 ZWL
Business Support AnalystAccounting and Finance2,161,200 ZWL
Capital Markets AssociateAccounting and Finance2,807,200 ZWL
Cash Flow AnalystAccounting and Finance2,641,300 ZWL
Cash Management ManagerAccounting and Finance3,610,800 ZWL
Cashbook ClerkAccounting and Finance1,249,900 ZWL
Chartered AccountantAccounting and Finance2,290,300 ZWL
Chief AccountantAccounting and Finance2,593,900 ZWL
Collections ClerkAccounting and Finance1,136,700 ZWL
Collections RepresentativeAccounting and Finance1,570,900 ZWL
Collections SpecialistAccounting and Finance1,858,200 ZWL
Corporate ControllerAccounting and Finance2,794,600 ZWL
Corporate TreasurerAccounting and Finance3,490,200 ZWL
Cost AccountantAccounting and Finance1,800,200 ZWL
Cost Accounting ManagerAccounting and Finance3,792,300 ZWL
Cost Accounting SupervisorAccounting and Finance3,013,500 ZWL
Cost AnalystAccounting and Finance2,868,600 ZWL
Credit ControllerAccounting and Finance2,423,000 ZWL
Credit ManagerAccounting and Finance3,696,900 ZWL
Credit and Collection ManagerAccounting and Finance3,696,900 ZWL
Credit and Collection StaffAccounting and Finance1,440,700 ZWL
Credit and Loans OfficerAccounting and Finance1,357,900 ZWL
Debt AdviserAccounting and Finance3,061,300 ZWL
Debt CollectorAccounting and Finance1,405,700 ZWL
Debtors ClerkAccounting and Finance1,249,900 ZWL
Debtors ControllerAccounting and Finance1,357,900 ZWL
Deputy CFOAccounting and Finance5,003,800 ZWL
Deputy Head of FinanceAccounting and Finance4,931,400 ZWL
Derivative TraderAccounting and Finance3,013,500 ZWL
Director of FinanceAccounting and Finance5,579,400 ZWL
EconomistAccounting and Finance4,391,800 ZWL
Equity AnalystAccounting and Finance3,385,800 ZWL
Escrow AssistantAccounting and Finance1,655,500 ZWL
Executive AccountantAccounting and Finance2,038,500 ZWL
External AuditorAccounting and Finance2,557,100 ZWL
Finance AdministratorAccounting and Finance2,052,200 ZWL
Finance AnalystAccounting and Finance3,469,900 ZWL
Finance AssociateAccounting and Finance1,594,500 ZWL
Finance DirectorAccounting and Finance5,651,400 ZWL
Finance ExecutiveAccounting and Finance3,875,100 ZWL
Finance Licensing ClerkAccounting and Finance1,273,300 ZWL
Finance Licensing ManagerAccounting and Finance3,503,800 ZWL
Finance Licensing SpecialistAccounting and Finance2,076,600 ZWL
Finance ManagerAccounting and Finance5,076,600 ZWL
Finance OfficerAccounting and Finance1,751,700 ZWL
Finance PresidentAccounting and Finance5,363,700 ZWL
Finance Relationship ManagerAccounting and Finance4,391,800 ZWL
Finance Release AnalystAccounting and Finance2,161,200 ZWL
Finance SpecialistAccounting and Finance3,132,800 ZWL
Finance Team Leader Accounting and Finance4,201,000 ZWL
Financial AccountantAccounting and Finance1,825,000 ZWL
Financial ActuaryAccounting and Finance2,807,200 ZWL
Financial AdministratorAccounting and Finance3,047,800 ZWL
Financial AdvisorAccounting and Finance3,239,400 ZWL
Financial AnalystAccounting and Finance3,349,100 ZWL
Financial Applications SpecialistAccounting and Finance2,389,200 ZWL
Financial AssistantAccounting and Finance1,450,700 ZWL
Financial AssociateAccounting and Finance1,440,700 ZWL
Financial AssociateAccounting and Finance1,788,300 ZWL
Financial Claims AnalystAccounting and Finance2,533,800 ZWL
Financial Claims ManagerAccounting and Finance3,168,300 ZWL
Financial Claims SupervisorAccounting and Finance3,071,100 ZWL
Financial ClerkAccounting and Finance1,369,700 ZWL
Financial Commercial AnalystAccounting and Finance2,557,100 ZWL
Financial Compliance AnalystAccounting and Finance2,902,500 ZWL
Financial ConsultantAccounting and Finance2,411,500 ZWL
Financial ControllerAccounting and Finance2,941,000 ZWL
Financial ControllerAccounting and Finance2,987,000 ZWL
Financial CoordinatorAccounting and Finance1,751,700 ZWL
Financial Customer Service ManagerAccounting and Finance3,395,900 ZWL
Financial Dealer and BrokerAccounting and Finance1,921,500 ZWL
Financial DirectorAccounting and Finance5,197,600 ZWL
Financial EncoderAccounting and Finance1,547,500 ZWL
Financial ManagerAccounting and Finance4,883,400 ZWL
Financial ManagerAccounting and Finance4,895,800 ZWL
Financial Operations ManagerAccounting and Finance4,558,700 ZWL
Financial Policy AnalystAccounting and Finance2,724,700 ZWL
Financial Project ManagerAccounting and Finance3,934,900 ZWL
Financial Quantitative AnalystAccounting and Finance3,205,100 ZWL
Financial Reporting ConsultantAccounting and Finance2,662,900 ZWL
Financial Reporting ManagerAccounting and Finance3,359,900 ZWL
Financial Section HeadAccounting and Finance3,514,400 ZWL
Financial Services ManagerAccounting and Finance4,642,200 ZWL
Financial Services Sales AgentAccounting and Finance2,026,800 ZWL
Fixed Assets AdministratorAccounting and Finance1,858,200 ZWL
Forensic AccountantAccounting and Finance2,221,600 ZWL
Fraud Detection SupervisorAccounting and Finance2,161,200 ZWL
Fraud Prevention ManagerAccounting and Finance3,733,300 ZWL
Fund AccountantAccounting and Finance1,825,000 ZWL
Grants CoordinatorAccounting and Finance1,320,500 ZWL
Group Financial ManagerAccounting and Finance5,099,700 ZWL
Internal AuditorAccounting and Finance2,543,000 ZWL
Internal Control AdviserAccounting and Finance2,759,700 ZWL
Internal Control OfficerAccounting and Finance1,594,500 ZWL
International Tax DirectorAccounting and Finance4,309,300 ZWL
Inventory AccountantAccounting and Finance1,908,800 ZWL
Investment AdvisorAccounting and Finance4,834,900 ZWL
Investment AnalystAccounting and Finance3,718,600 ZWL
Investment AssociateAccounting and Finance3,085,500 ZWL
Investment BrokerAccounting and Finance2,987,000 ZWL
Investment Fund ManagerAccounting and Finance4,270,100 ZWL
Investment Operations ManagerAccounting and Finance4,152,200 ZWL
Investment UnderwriterAccounting and Finance1,537,500 ZWL
InvestorAccounting and Finance2,281,800 ZWL
Investor Relations ManagerAccounting and Finance3,706,100 ZWL
KYC Team LeaderAccounting and Finance3,577,600 ZWL
Loan ProcessorAccounting and Finance1,500,800 ZWL
Management AccountantAccounting and Finance2,076,600 ZWL
Management EconomistAccounting and Finance4,282,500 ZWL
PaymasterAccounting and Finance1,428,800 ZWL
Payroll AdministratorAccounting and Finance2,374,400 ZWL
Payroll Benefits CoordinatorAccounting and Finance2,015,600 ZWL
Payroll Billing ManagerAccounting and Finance3,469,900 ZWL
Payroll ClerkAccounting and Finance1,645,600 ZWL
Payroll ManagerAccounting and Finance3,253,900 ZWL
Payroll OfficerAccounting and Finance1,560,800 ZWL
Payroll SpecialistAccounting and Finance1,955,300 ZWL
Payroll SupervisorAccounting and Finance2,374,400 ZWL
Pensions AdministratorAccounting and Finance1,942,700 ZWL
Personal Financial AdvisorAccounting and Finance2,662,900 ZWL
Pricing AnalystAccounting and Finance2,953,200 ZWL
Private Equity AnalystAccounting and Finance3,421,600 ZWL
Project AccountantAccounting and Finance1,967,000 ZWL
Proposal Development CoordinatorAccounting and Finance1,632,100 ZWL
Receivables AccountantAccounting and Finance1,621,400 ZWL
Regulatory AccountantAccounting and Finance2,026,800 ZWL
Retirement Plan AnalystAccounting and Finance2,794,600 ZWL
Revenue Management SpecialistAccounting and Finance3,035,200 ZWL
Revenue Recognition AnalystAccounting and Finance3,455,900 ZWL
Risk Management DirectorAccounting and Finance4,345,400 ZWL
Risk Management SupervisorAccounting and Finance3,733,300 ZWL
Staff AccountantAccounting and Finance1,751,700 ZWL
Tax AccountantAccounting and Finance1,703,200 ZWL
Tax AdministratorAccounting and Finance2,065,400 ZWL
Tax AdvisorAccounting and Finance2,759,700 ZWL
Tax AnalystAccounting and Finance2,878,300 ZWL
Tax AssociateAccounting and Finance1,594,500 ZWL
Tax ConsultantAccounting and Finance2,831,100 ZWL
Tax DirectorAccounting and Finance4,297,400 ZWL
Tax ExaminerAccounting and Finance1,908,800 ZWL
Tax ManagerAccounting and Finance3,635,200 ZWL
Tax Research ManagerAccounting and Finance3,805,100 ZWL
TellerAccounting and Finance1,043,600 ZWL
Treasury AccountantAccounting and Finance1,921,500 ZWL
Treasury AnalystAccounting and Finance2,941,000 ZWL
UnderwriterAccounting and Finance1,333,900 ZWL
Underwriting AssistantAccounting and Finance1,187,900 ZWL
Vice President of FinanceAccounting and Finance4,799,700 ZWL

Salary Comparison by City

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

CityAverage Salary
Bulawayo2,304,300 ZWL
Harare2,362,300 ZWL

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