Average Cost Accounting Manager Salary in Gaborone, Botswana for 2026
In this article, we will look at the average Cost Accounting Manager salary for 2026 in Gaborone 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 Botswana pula. To keep things simple, we are using the BWP currency code instead of the currency symbol P.
How Much Does a Cost Accounting Manager Make in Gaborone?
A Cost Accounting Manager working in Gaborone will typically earn around 240,500 BWP per year, and this can range from the lowest average salary of about 112,420 BWP to the highest average salary of 385,300 BWP.
These are average salaries for a Cost Accounting Manager in Gaborone and include benefits such as housing and transport. It's also possible for a Cost Accounting Manager to earn more or less than the average salaries shown above.
Cost Accounting 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 Cost Accounting Manager Salaries in Gaborone
So we've looked at the average salaries a Cost Accounting Manager will earn in Gaborone. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Cost Accounting Manager can earn between 112,420 BWP and 385,300 BWP on average in Gaborone. 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 Cost Accounting Manager in Gaborone is 263,100 BWP. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 263,100 BWP, and 50% of the population earn more than 263,100 BWP.
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 Cost Accounting Manager salary in Gaborone, 25% of the population are earning less than 167,100 BWP while 75% of the population earn more than 167,100 BWP.
75% of the population earn less than 352,000 BWP, and 25% of the population earn more than 352,000 BWP.
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.
Cost Accounting Manager Salary by Experience Level in Gaborone
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 Cost Accounting 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. A Cost Accounting Manager in Gaborone that has less than two years of experience can expect to earn somewhere in the region of 125,700 BWP.
- 2 - 5 Years Experience. With two to five years of experience the average Cost Accounting Manager salary would increase to 169,000 BWP.
- 5 - 10 Years Experience. From five to ten years of experience as a Cost Accounting Manager, the average salary would be 249,600 BWP.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 305,600 BWP.
- 15 - 20 Years Experience. A Cost Accounting Manager with 15 to 20 years of experience can earn an average of 332,500 BWP.
- 20+ Years Experience. For a Cost Accounting Manager with more than 20 years, the expected average salary increases to 361,600 BWP.
Average Salary by Experience Chart
| 0-2 Years | - | 125,700 BWP |
| 2-5 Years | +34% | 169,000 BWP |
| 5-10 Years | +48% | 249,600 BWP |
| 10-15 Years | +22% | 305,600 BWP |
| 15-20 Years | +9% | 332,500 BWP |
| 20+ Years | +8% | 361,600 BWP |
Cost Accounting Manager Salary by Education Level in Gaborone
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 Cost Accounting Manager in Gaborone 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. A Cost Accounting Manager in Gaborone with a certificate or diploma education can earn an average salary of 146,200 BWP.
- Bachelor's Degree. A Cost Accounting Manager in Gaborone with a bachelor's degree education can earn an average salary of 228,500 BWP.
- Master's Degree. A Cost Accounting Manager in Gaborone with a master's degree education can earn an average salary of 381,800 BWP.
Average Salary by Education Chart
| Certificate or Diploma | - | 146,200 BWP |
| Bachelor's Degree | +57% | 228,500 BWP |
| Master's Degree | +68% | 381,800 BWP |
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 Botswana is around 58,700 to 176,000 BWP 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.
Cost Accounting 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 Gaborone, a male cost accounting manager will earn an average of 212,500 BWP, while a female cost accounting manager will earn around 185,100 BWP.
This means that a male cost accounting manager earns approximately 15% more than a female cost accounting manager for performing the same job.
Average Salary by Gender Chart in Gaborone
| Male | - | 212,500 BWP |
| Female | -15% | 185,100 BWP |
Cost Accounting Manager Average Pay Raise in Gaborone
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 Cost Accounting Manager in Gaborone is around 9% every 29 months.
The national average pay raise across all professions and industries in Botswana 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 ÷ 29 ) × 12 = 4%
What this means is that a Cost Accounting Manager in Gaborone can expect to receive an average pay raise of around 4% every 12 months.
Annual Pay Raise by Industry in Gaborone for 2026
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Botswana.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 1% |
| Energy | - | 2% |
| Information Technology | - | 3% |
| Healthcare | - | 4% |
| Travel | - | 5% |
| Construction | - | 6% |
| Education | - | 7% |
Cost Accounting Manager Bonus and Incentive Rates in Gaborone
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 Cost Accounting Manager is a moderate bonus based job, with 63% of employees reporting at least one bonus in the last 12 months.
37% 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 | - | 63% |
| No Bonus | - | 37% |
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 Botswana earn approximately 14% more than private sector employees in the same role.
| Public Sector | - | 148,300 BWP |
| Private Sector | -14% | 130,400 BWP |
Salaries for Jobs Similar to a Cost Accounting Manager
In the table below, we have salary information for jobs that are similar to a Cost Accounting Manager in Gaborone.
| Job Title | Category | Salary |
|---|---|---|
| Account Examiner | Accounting and Finance | 80,180 BWP |
| Account Executive | Accounting and Finance | 130,400 BWP |
| Accountant | Accounting and Finance | 97,840 BWP |
| Accounting Analyst | Accounting and Finance | 128,500 BWP |
| Accounting Assistant | Accounting and Finance | 78,940 BWP |
| Accounting Associate | Accounting and Finance | 72,780 BWP |
| Accounting Clerk | Accounting and Finance | 60,880 BWP |
| Accounting Coordinator | Accounting and Finance | 94,900 BWP |
| Accounting Head | Accounting and Finance | 208,600 BWP |
| Accounting Manager | Accounting and Finance | 209,700 BWP |
| Accounting Officer | Accounting and Finance | 71,280 BWP |
| Accounting Specialist | Accounting and Finance | 139,100 BWP |
| Accounting Supervisor | Accounting and Finance | 142,300 BWP |
| Accounting Technician | Accounting and Finance | 75,040 BWP |
| Accounting Unit Controller | Accounting and Finance | 163,800 BWP |
| Accounts Executive | Accounting and Finance | 128,900 BWP |
| Accounts Officer | Accounting and Finance | 80,520 BWP |
| Accounts Payable Assistant | Accounting and Finance | 78,480 BWP |
| Accounts Payable Associate | Accounting and Finance | 91,960 BWP |
| Accounts Payable Clerk | Accounting and Finance | 74,380 BWP |
| Accounts Payable Manager | Accounting and Finance | 207,800 BWP |
| Accounts Payable and Receivable Specialist | Accounting and Finance | 102,620 BWP |
| Accounts Receivable Administrator | Accounting and Finance | 143,200 BWP |
| Accounts Receivable Clerk | Accounting and Finance | 70,840 BWP |
| Accounts Receivable Financial Analyst | Accounting and Finance | 148,300 BWP |
| Accounts Receivable Manager | Accounting and Finance | 194,600 BWP |
| Accounts Receivable Team Leader | Accounting and Finance | 143,200 BWP |
| Assistant Accountant | Accounting and Finance | 79,000 BWP |
| Assistant Accounting Manager | Accounting and Finance | 191,600 BWP |
| Assistant Auditor | Accounting and Finance | 99,560 BWP |
| Assistant Corporate Controller | Accounting and Finance | 136,100 BWP |
| Assistant Finance Manager | Accounting and Finance | 208,600 BWP |
| Assistant Financial Controller | Accounting and Finance | 128,900 BWP |
| Audit Director | Accounting and Finance | 232,900 BWP |
| Audit Supervisor | Accounting and Finance | 190,500 BWP |
| Auditing Clerk | Accounting and Finance | 80,520 BWP |
| Auditing Manager | Accounting and Finance | 217,900 BWP |
| Billing Clerk | Accounting and Finance | 75,280 BWP |
| Billing Coordinator | Accounting and Finance | 93,120 BWP |
| Billing Specialist | Accounting and Finance | 104,920 BWP |
| Billing Supervisor | Accounting and Finance | 159,100 BWP |
| Bookkeeper | Accounting and Finance | 61,760 BWP |
| Bookkeeping Specialist | Accounting and Finance | 99,100 BWP |
| Budget Analyst | Accounting and Finance | 172,200 BWP |
| Budget Manager | Accounting and Finance | 209,700 BWP |
| Business Support Analyst | Accounting and Finance | 111,240 BWP |
| Capital Markets Associate | Accounting and Finance | 151,800 BWP |
| Cash Flow Analyst | Accounting and Finance | 159,100 BWP |
| Cash Management Manager | Accounting and Finance | 191,600 BWP |
| Cash Management Officer | Accounting and Finance | 115,380 BWP |
| Cashbook Clerk | Accounting and Finance | 67,560 BWP |
| Chartered Accountant | Accounting and Finance | 130,400 BWP |
| Chief Accountant | Accounting and Finance | 157,600 BWP |
| Collections Clerk | Accounting and Finance | 64,640 BWP |
| Collections Representative | Accounting and Finance | 90,540 BWP |
| Collections Specialist | Accounting and Finance | 97,300 BWP |
| Corporate Controller | Accounting and Finance | 164,200 BWP |
| Corporate Treasurer | Accounting and Finance | 187,500 BWP |
| Cost Accountant | Accounting and Finance | 97,260 BWP |
| Cost Accounting Supervisor | Accounting and Finance | 159,500 BWP |
| Cost Analyst | Accounting and Finance | 161,600 BWP |
| Credit Controller | Accounting and Finance | 142,300 BWP |
| Credit Manager | Accounting and Finance | 204,000 BWP |
| Credit and Collection Manager | Accounting and Finance | 205,700 BWP |
| Credit and Collection Staff | Accounting and Finance | 75,280 BWP |
| Credit and Loans Officer | Accounting and Finance | 74,300 BWP |
| Debt Adviser | Accounting and Finance | 172,200 BWP |
| Debt Collector | Accounting and Finance | 84,800 BWP |
| Debtors Clerk | Accounting and Finance | 69,540 BWP |
| Debtors Controller | Accounting and Finance | 71,280 BWP |
| Deputy CFO | Accounting and Finance | 267,100 BWP |
| Deputy Head of Finance | Accounting and Finance | 282,300 BWP |
| Derivative Trader | Accounting and Finance | 180,500 BWP |
| Director of Finance | Accounting and Finance | 309,800 BWP |
| Economist | Accounting and Finance | 225,300 BWP |
| Equity Analyst | Accounting and Finance | 180,300 BWP |
| Escrow Assistant | Accounting and Finance | 90,540 BWP |
| Executive Accountant | Accounting and Finance | 115,260 BWP |
| External Auditor | Accounting and Finance | 137,400 BWP |
| Finance Administrator | Accounting and Finance | 119,700 BWP |
| Finance Analyst | Accounting and Finance | 176,800 BWP |
| Finance Associate | Accounting and Finance | 90,620 BWP |
| Finance Director | Accounting and Finance | 288,700 BWP |
| Finance Executive | Accounting and Finance | 207,700 BWP |
| Finance Licensing Clerk | Accounting and Finance | 75,260 BWP |
| Finance Licensing Manager | Accounting and Finance | 183,700 BWP |
| Finance Licensing Specialist | Accounting and Finance | 109,000 BWP |
| Finance Manager | Accounting and Finance | 282,300 BWP |
| Finance Officer | Accounting and Finance | 93,140 BWP |
| Finance President | Accounting and Finance | 296,000 BWP |
| Finance Relationship Manager | Accounting and Finance | 239,000 BWP |
| Finance Release Analyst | Accounting and Finance | 111,900 BWP |
| Finance Specialist | Accounting and Finance | 172,400 BWP |
| Finance Team Leader | Accounting and Finance | 233,900 BWP |
| Financial Accountant | Accounting and Finance | 99,560 BWP |
| Financial Actuary | Accounting and Finance | 159,500 BWP |
| Financial Administrator | Accounting and Finance | 172,200 BWP |
| Financial Advisor | Accounting and Finance | 174,000 BWP |
| Financial Analyst | Accounting and Finance | 185,100 BWP |
| Financial Applications Specialist | Accounting and Finance | 125,700 BWP |
| Financial Assistant | Accounting and Finance | 85,080 BWP |
| Financial Associate | Accounting and Finance | 78,620 BWP |
| Financial Associate | Accounting and Finance | 96,160 BWP |
| Financial Claims Analyst | Accounting and Finance | 128,500 BWP |
| Financial Claims Manager | Accounting and Finance | 176,800 BWP |
| Financial Claims Supervisor | Accounting and Finance | 167,100 BWP |
| Financial Clerk | Accounting and Finance | 73,020 BWP |
| Financial Commercial Analyst | Accounting and Finance | 146,200 BWP |
| Financial Compliance Analyst | Accounting and Finance | 167,100 BWP |
| Financial Consultant | Accounting and Finance | 139,100 BWP |
| Financial Controller | Accounting and Finance | 152,300 BWP |
| Financial Controller | Accounting and Finance | 163,800 BWP |
| Financial Coordinator | Accounting and Finance | 92,300 BWP |
| Financial Customer Service Manager | Accounting and Finance | 185,100 BWP |
| Financial Dealer and Broker | Accounting and Finance | 106,960 BWP |
| Financial Director | Accounting and Finance | 301,300 BWP |
| Financial Encoder | Accounting and Finance | 82,720 BWP |
| Financial Manager | Accounting and Finance | 268,900 BWP |
| Financial Manager | Accounting and Finance | 296,000 BWP |
| Financial Operations Manager | Accounting and Finance | 246,200 BWP |
| Financial Policy Analyst | Accounting and Finance | 159,400 BWP |
| Financial Project Manager | Accounting and Finance | 207,800 BWP |
| Financial Quantitative Analyst | Accounting and Finance | 172,400 BWP |
| Financial Reporting Consultant | Accounting and Finance | 152,100 BWP |
| Financial Reporting Manager | Accounting and Finance | 195,200 BWP |
| Financial Section Head | Accounting and Finance | 201,100 BWP |
| Financial Services Manager | Accounting and Finance | 249,600 BWP |
| Financial Services Sales Agent | Accounting and Finance | 106,160 BWP |
| Fixed Assets Administrator | Accounting and Finance | 99,100 BWP |
| Forensic Accountant | Accounting and Finance | 119,700 BWP |
| Fraud Detection Supervisor | Accounting and Finance | 129,000 BWP |
| Fraud Prevention Manager | Accounting and Finance | 195,200 BWP |
| Fund Accountant | Accounting and Finance | 96,160 BWP |
| Grants Coordinator | Accounting and Finance | 75,040 BWP |
| Group Financial Manager | Accounting and Finance | 283,400 BWP |
| Internal Auditor | Accounting and Finance | 136,100 BWP |
| Internal Control Adviser | Accounting and Finance | 161,600 BWP |
| Internal Control Officer | Accounting and Finance | 85,940 BWP |
| International Tax Director | Accounting and Finance | 239,000 BWP |
| Inventory Accountant | Accounting and Finance | 99,100 BWP |
| Investment Advisor | Accounting and Finance | 275,200 BWP |
| Investment Analyst | Accounting and Finance | 207,700 BWP |
| Investment Associate | Accounting and Finance | 176,800 BWP |
| Investment Broker | Accounting and Finance | 163,800 BWP |
| Investment Fund Manager | Accounting and Finance | 217,900 BWP |
| Investment Operations Manager | Accounting and Finance | 225,700 BWP |
| Investment Underwriter | Accounting and Finance | 86,760 BWP |
| Investor | Accounting and Finance | 134,600 BWP |
| Investor Relations Manager | Accounting and Finance | 191,600 BWP |
| KYC Team Leader | Accounting and Finance | 197,600 BWP |
| Loan Processor | Accounting and Finance | 83,400 BWP |
| Management Accountant | Accounting and Finance | 110,340 BWP |
| Management Economist | Accounting and Finance | 225,700 BWP |
| Paymaster | Accounting and Finance | 79,500 BWP |
| Payroll Administrator | Accounting and Finance | 136,100 BWP |
| Payroll Benefits Coordinator | Accounting and Finance | 108,080 BWP |
| Payroll Billing Manager | Accounting and Finance | 187,500 BWP |
| Payroll Clerk | Accounting and Finance | 92,400 BWP |
| Payroll Manager | Accounting and Finance | 175,900 BWP |
| Payroll Officer | Accounting and Finance | 89,340 BWP |
| Payroll Specialist | Accounting and Finance | 100,140 BWP |
| Payroll Supervisor | Accounting and Finance | 129,000 BWP |
| Pensions Administrator | Accounting and Finance | 102,380 BWP |
| Personal Financial Advisor | Accounting and Finance | 158,700 BWP |
| Pricing Analyst | Accounting and Finance | 161,300 BWP |
| Private Equity Analyst | Accounting and Finance | 172,200 BWP |
| Project Accountant | Accounting and Finance | 111,460 BWP |
| Proposal Development Coordinator | Accounting and Finance | 86,760 BWP |
| Receivables Accountant | Accounting and Finance | 94,940 BWP |
| Regulatory Accountant | Accounting and Finance | 112,560 BWP |
| Retirement Plan Analyst | Accounting and Finance | 164,200 BWP |
| Revenue Management Specialist | Accounting and Finance | 159,500 BWP |
| Revenue Recognition Analyst | Accounting and Finance | 181,600 BWP |
| Risk Management Director | Accounting and Finance | 243,000 BWP |
| Risk Management Supervisor | Accounting and Finance | 207,800 BWP |
| Staff Accountant | Accounting and Finance | 98,960 BWP |
| Tax Accountant | Accounting and Finance | 98,820 BWP |
| Tax Administrator | Accounting and Finance | 106,820 BWP |
| Tax Advisor | Accounting and Finance | 158,700 BWP |
| Tax Analyst | Accounting and Finance | 148,300 BWP |
| Tax Associate | Accounting and Finance | 80,540 BWP |
| Tax Consultant | Accounting and Finance | 158,700 BWP |
| Tax Director | Accounting and Finance | 233,900 BWP |
| Tax Examiner | Accounting and Finance | 109,340 BWP |
| Tax Manager | Accounting and Finance | 197,600 BWP |
| Tax Research Manager | Accounting and Finance | 205,700 BWP |
| Teller | Accounting and Finance | 60,880 BWP |
| Treasury Accountant | Accounting and Finance | 104,060 BWP |
| Treasury Analyst | Accounting and Finance | 164,200 BWP |
| Underwriter | Accounting and Finance | 69,180 BWP |
| Underwriting Assistant | Accounting and Finance | 66,180 BWP |
| Vice President of Finance | Accounting and Finance | 282,500 BWP |
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