Average Finance Analyst Salary in Rwanda for 2026

In this article, we will look at the average Finance Analyst salary for 2026 in Rwanda 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 Rwandan franc. To keep things simple, we are using the RWF currency code instead of the currency symbol Fr.

How Much Does a Finance Analyst Make in Rwanda?

A Finance Analyst working in Rwanda will typically earn around 9,695,200 RWF per year, and this can range from the lowest average salary of about 4,450,400 RWF to the highest average salary of 15,360,400 RWF.

Average Annual Salary9,695,200 RWF
Average Monthly Salary807,933 RWF
Average Lowest Salary4,450,400 RWF
Lowest Monthly Salary370,866 RWF
Average Highest Salary15,360,400 RWF
Highest Monthly Salary1,280,033 RWF

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

Finance Analyst 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 Finance Analyst Salaries in Rwanda

So we've looked at the average salaries a Finance Analyst will earn in Rwanda. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Finance Analyst can earn between 4,450,400 RWF and 15,360,400 RWF on average in Rwanda. 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 Finance Analyst in Rwanda is 10,463,500 RWF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 10,463,500 RWF, and 50% of the population earn more than 10,463,500 RWF.

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 Finance Analyst salary in Rwanda, 25% of the population are earning less than 6,721,800 RWF while 75% of the population earn more than 6,721,800 RWF.

75% of the population earn less than 13,919,600 RWF, and 25% of the population earn more than 13,919,600 RWF.

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.

Finance Analyst Salary by Experience Level in Rwanda

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 Finance Analyst 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 Finance Analyst in Rwanda that has less than two years of experience can expect to earn somewhere in the region of 5,063,200 RWF.
  • 2 - 5 Years Experience. With two to five years of experience the average Finance Analyst salary would increase to 6,754,900 RWF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Finance Analyst, the average salary would be 9,985,800 RWF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 12,121,000 RWF.
  • 15 - 20 Years Experience. A Finance Analyst with 15 to 20 years of experience can earn an average of 13,319,300 RWF.
  • 20+ Years Experience. For a Finance Analyst with more than 20 years, the expected average salary increases to 14,400,800 RWF.

Average Salary by Experience Chart

0-2 Years-
5,063,200 RWF
2-5 Years+34%
6,754,900 RWF
5-10 Years+48%
9,985,800 RWF
10-15 Years+22%
12,121,000 RWF
15-20 Years+9%
13,319,300 RWF
20+ Years+8%
14,400,800 RWF

Finance Analyst Salary by Education Level in Rwanda

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 Finance Analyst in Rwanda 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 Finance Analyst in Rwanda with a high school education can earn an average salary of 6,203,500 RWF.
  • Certificate or Diploma. A Finance Analyst in Rwanda with a certificate or diploma education can earn an average salary of 7,309,600 RWF.
  • Bachelor's Degree. A Finance Analyst in Rwanda with a bachelor's degree education can earn an average salary of 10,584,800 RWF.
  • Master's Degree. A Finance Analyst in Rwanda with a master's degree education can earn an average salary of 13,919,600 RWF.

Average Salary by Education Chart

High School-
6,203,500 RWF
Certificate or Diploma+18%
7,309,600 RWF
Bachelor's Degree+45%
10,584,800 RWF
Master's Degree+31%
13,919,600 RWF

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 Rwanda is around 3,460,000 to 10,400,000 RWF 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.

Finance Analyst 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 Rwanda, a male finance analyst will earn an average of 10,224,200 RWF, while a female finance analyst will earn around 9,154,500 RWF.

This means that a male finance analyst earns approximately 12% more than a female finance analyst for performing the same job.

Average Salary by Gender Chart in Rwanda

Male-
10,224,200 RWF
Female-12%
9,154,500 RWF

Finance Analyst Average Pay Raise in Rwanda

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 Finance Analyst in Rwanda is around 8% every 28 months.

The national average pay raise across all professions and industries in Rwanda 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 = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Finance Analyst in Rwanda can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Rwanda for 2026

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

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%

Finance Analyst Bonus and Incentive Rates in Rwanda

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 Finance Analyst is a low bonus based job, with 42% of employees reporting at least one bonus in the last 12 months.

58% 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-
42%
No Bonus-
58%

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

Public Sector-
9,215,300 RWF
Private Sector-25%
7,393,200 RWF

Salaries for Jobs Similar to a Finance Analyst

In the table below, we have salary information for jobs that are similar to a Finance Analyst in Rwanda.

Job TitleCategorySalary
Account ExaminerAccounting and Finance4,249,700 RWF
Account ExecutiveAccounting and Finance7,271,300 RWF
AccountantAccounting and Finance5,461,900 RWF
Accounting AnalystAccounting and Finance7,030,600 RWF
Accounting AssistantAccounting and Finance4,187,600 RWF
Accounting AssociateAccounting and Finance4,201,000 RWF
Accounting ClerkAccounting and Finance3,421,600 RWF
Accounting CoordinatorAccounting and Finance5,088,900 RWF
Accounting HeadAccounting and Finance11,518,700 RWF
Accounting ManagerAccounting and Finance12,361,500 RWF
Accounting OfficerAccounting and Finance4,162,800 RWF
Accounting SpecialistAccounting and Finance7,453,000 RWF
Accounting SupervisorAccounting and Finance7,726,700 RWF
Accounting TechnicianAccounting and Finance4,079,300 RWF
Accounting Unit ControllerAccounting and Finance9,385,400 RWF
Accounts ExecutiveAccounting and Finance7,416,400 RWF
Accounts OfficerAccounting and Finance4,224,200 RWF
Accounts Payable AssistantAccounting and Finance4,332,900 RWF
Accounts Payable AssociateAccounting and Finance5,209,200 RWF
Accounts Payable ClerkAccounting and Finance4,249,700 RWF
Accounts Payable ManagerAccounting and Finance11,050,300 RWF
Accounts Payable and Receivable SpecialistAccounting and Finance5,471,700 RWF
Accounts Receivable AdministratorAccounting and Finance8,029,300 RWF
Accounts Receivable ClerkAccounting and Finance4,079,300 RWF
Accounts Receivable Financial AnalystAccounting and Finance7,834,900 RWF
Accounts Receivable ManagerAccounting and Finance10,429,300 RWF
Accounts Receivable Team LeaderAccounting and Finance8,029,300 RWF
Assistant AccountantAccounting and Finance4,270,100 RWF
Assistant Accounting ManagerAccounting and Finance10,669,400 RWF
Assistant AuditorAccounting and Finance5,579,400 RWF
Assistant Corporate ControllerAccounting and Finance7,453,000 RWF
Assistant Finance ManagerAccounting and Finance11,638,300 RWF
Assistant Financial ControllerAccounting and Finance7,606,200 RWF
Audit DirectorAccounting and Finance12,600,600 RWF
Audit SupervisorAccounting and Finance9,804,400 RWF
Auditing ClerkAccounting and Finance4,224,200 RWF
Auditing ManagerAccounting and Finance11,411,600 RWF
Billing ClerkAccounting and Finance4,187,600 RWF
Billing CoordinatorAccounting and Finance4,908,200 RWF
Billing SpecialistAccounting and Finance6,058,300 RWF
Billing SupervisorAccounting and Finance8,724,700 RWF
BookkeeperAccounting and Finance3,685,200 RWF
Bookkeeping SpecialistAccounting and Finance5,567,700 RWF
Budget AnalystAccounting and Finance9,430,600 RWF
Budget ManagerAccounting and Finance11,065,000 RWF
Business Support AnalystAccounting and Finance6,300,400 RWF
Capital Markets AssociateAccounting and Finance8,604,800 RWF
Cash Flow AnalystAccounting and Finance8,771,100 RWF
Cash Management ManagerAccounting and Finance11,267,200 RWF
Cash Management OfficerAccounting and Finance6,420,700 RWF
Cashbook ClerkAccounting and Finance3,959,700 RWF
Chartered AccountantAccounting and Finance6,984,300 RWF
Chief AccountantAccounting and Finance8,149,100 RWF
Collections ClerkAccounting and Finance3,514,400 RWF
Collections RepresentativeAccounting and Finance4,966,200 RWF
Collections SpecialistAccounting and Finance5,591,900 RWF
Corporate ControllerAccounting and Finance8,554,100 RWF
Corporate TreasurerAccounting and Finance10,475,000 RWF
Cost AccountantAccounting and Finance5,412,700 RWF
Cost Accounting ManagerAccounting and Finance10,656,400 RWF
Cost Accounting SupervisorAccounting and Finance8,664,400 RWF
Cost AnalystAccounting and Finance9,276,800 RWF
Credit ControllerAccounting and Finance7,726,700 RWF
Credit ManagerAccounting and Finance11,638,300 RWF
Credit and Collection ManagerAccounting and Finance10,716,600 RWF
Credit and Collection StaffAccounting and Finance4,187,600 RWF
Credit and Loans OfficerAccounting and Finance4,116,600 RWF
Debt AdviserAccounting and Finance9,634,900 RWF
Debt CollectorAccounting and Finance4,609,700 RWF
Debtors ClerkAccounting and Finance3,781,400 RWF
Debtors ControllerAccounting and Finance4,162,800 RWF
Deputy CFOAccounting and Finance15,599,800 RWF
Deputy Head of FinanceAccounting and Finance15,001,200 RWF
Derivative TraderAccounting and Finance9,623,400 RWF
Director of FinanceAccounting and Finance16,561,800 RWF
EconomistAccounting and Finance13,561,900 RWF
Equity AnalystAccounting and Finance10,321,700 RWF
Escrow AssistantAccounting and Finance4,883,400 RWF
Executive AccountantAccounting and Finance6,420,700 RWF
External AuditorAccounting and Finance7,523,300 RWF
Finance AdministratorAccounting and Finance6,804,900 RWF
Finance AssociateAccounting and Finance4,966,200 RWF
Finance DirectorAccounting and Finance16,561,800 RWF
Finance ExecutiveAccounting and Finance11,399,200 RWF
Finance Licensing ClerkAccounting and Finance4,116,600 RWF
Finance Licensing ManagerAccounting and Finance10,691,100 RWF
Finance Licensing SpecialistAccounting and Finance5,940,300 RWF
Finance ManagerAccounting and Finance15,360,400 RWF
Finance OfficerAccounting and Finance5,351,400 RWF
Finance PresidentAccounting and Finance16,561,800 RWF
Finance Relationship ManagerAccounting and Finance13,441,600 RWF
Finance Release AnalystAccounting and Finance6,420,700 RWF
Finance SpecialistAccounting and Finance8,891,600 RWF
Finance Team Leader Accounting and Finance12,721,300 RWF
Financial AccountantAccounting and Finance5,579,400 RWF
Financial ActuaryAccounting and Finance8,377,500 RWF
Financial AdministratorAccounting and Finance9,634,900 RWF
Financial AdvisorAccounting and Finance10,572,800 RWF
Financial AnalystAccounting and Finance10,102,100 RWF
Financial Applications SpecialistAccounting and Finance6,862,900 RWF
Financial AssistantAccounting and Finance4,332,900 RWF
Financial AssociateAccounting and Finance4,609,700 RWF
Financial AssociateAccounting and Finance5,461,900 RWF
Financial Claims AnalystAccounting and Finance7,236,200 RWF
Financial Claims ManagerAccounting and Finance10,378,100 RWF
Financial Claims SupervisorAccounting and Finance9,456,600 RWF
Financial ClerkAccounting and Finance4,369,800 RWF
Financial Commercial AnalystAccounting and Finance8,075,200 RWF
Financial Compliance AnalystAccounting and Finance8,664,400 RWF
Financial ConsultantAccounting and Finance7,331,800 RWF
Financial ControllerAccounting and Finance8,737,100 RWF
Financial ControllerAccounting and Finance9,276,800 RWF
Financial CoordinatorAccounting and Finance5,340,600 RWF
Financial Customer Service ManagerAccounting and Finance10,009,300 RWF
Financial Dealer and BrokerAccounting and Finance6,179,700 RWF
Financial DirectorAccounting and Finance15,838,200 RWF
Financial EncoderAccounting and Finance4,752,100 RWF
Financial ManagerAccounting and Finance15,001,200 RWF
Financial ManagerAccounting and Finance15,960,700 RWF
Financial Operations ManagerAccounting and Finance14,280,500 RWF
Financial Policy AnalystAccounting and Finance8,496,400 RWF
Financial Project ManagerAccounting and Finance11,065,000 RWF
Financial Quantitative AnalystAccounting and Finance9,623,400 RWF
Financial Reporting ConsultantAccounting and Finance8,075,200 RWF
Financial Reporting ManagerAccounting and Finance10,475,000 RWF
Financial Section HeadAccounting and Finance10,475,000 RWF
Financial Services ManagerAccounting and Finance14,280,500 RWF
Financial Services Sales AgentAccounting and Finance5,926,600 RWF
Fixed Assets AdministratorAccounting and Finance5,818,100 RWF
Forensic AccountantAccounting and Finance6,804,900 RWF
Fraud Detection SupervisorAccounting and Finance6,613,100 RWF
Fraud Prevention ManagerAccounting and Finance11,867,000 RWF
Fund AccountantAccounting and Finance5,461,900 RWF
Grants CoordinatorAccounting and Finance4,332,900 RWF
Group Financial ManagerAccounting and Finance16,079,800 RWF
Internal AuditorAccounting and Finance7,789,700 RWF
Internal Control AdviserAccounting and Finance8,434,700 RWF
Internal Control OfficerAccounting and Finance5,063,200 RWF
International Tax DirectorAccounting and Finance12,958,200 RWF
Inventory AccountantAccounting and Finance5,818,100 RWF
Investment AdvisorAccounting and Finance15,001,200 RWF
Investment AnalystAccounting and Finance10,824,400 RWF
Investment AssociateAccounting and Finance9,191,000 RWF
Investment BrokerAccounting and Finance9,010,800 RWF
Investment Fund ManagerAccounting and Finance11,974,500 RWF
Investment Operations ManagerAccounting and Finance12,958,200 RWF
Investment UnderwriterAccounting and Finance4,943,500 RWF
InvestorAccounting and Finance7,105,200 RWF
Investor Relations ManagerAccounting and Finance10,835,000 RWF
KYC Team LeaderAccounting and Finance10,595,000 RWF
Loan ProcessorAccounting and Finance4,450,400 RWF
Management AccountantAccounting and Finance6,241,000 RWF
Management EconomistAccounting and Finance12,600,600 RWF
PaymasterAccounting and Finance4,510,700 RWF
Payroll AdministratorAccounting and Finance7,067,300 RWF
Payroll Benefits CoordinatorAccounting and Finance6,433,500 RWF
Payroll Billing ManagerAccounting and Finance10,429,300 RWF
Payroll ClerkAccounting and Finance5,063,200 RWF
Payroll ManagerAccounting and Finance10,429,300 RWF
Payroll OfficerAccounting and Finance4,870,300 RWF
Payroll SpecialistAccounting and Finance5,698,400 RWF
Payroll SupervisorAccounting and Finance7,129,200 RWF
Pensions AdministratorAccounting and Finance5,698,400 RWF
Personal Financial AdvisorAccounting and Finance8,483,700 RWF
Pricing AnalystAccounting and Finance9,456,600 RWF
Private Equity AnalystAccounting and Finance9,925,000 RWF
Project AccountantAccounting and Finance5,818,100 RWF
Proposal Development CoordinatorAccounting and Finance4,786,100 RWF
Receivables AccountantAccounting and Finance5,267,700 RWF
Regulatory AccountantAccounting and Finance6,118,800 RWF
Retirement Plan AnalystAccounting and Finance8,554,100 RWF
Revenue Management SpecialistAccounting and Finance9,634,900 RWF
Revenue Recognition AnalystAccounting and Finance10,333,800 RWF
Risk Management DirectorAccounting and Finance13,679,300 RWF
Risk Management SupervisorAccounting and Finance11,050,300 RWF
Staff AccountantAccounting and Finance5,242,700 RWF
Tax AccountantAccounting and Finance5,388,100 RWF
Tax AdministratorAccounting and Finance6,058,300 RWF
Tax AdvisorAccounting and Finance8,377,500 RWF
Tax AnalystAccounting and Finance8,206,100 RWF
Tax AssociateAccounting and Finance4,752,100 RWF
Tax ConsultantAccounting and Finance9,276,800 RWF
Tax DirectorAccounting and Finance13,199,100 RWF
Tax ExaminerAccounting and Finance6,179,700 RWF
Tax ManagerAccounting and Finance11,173,600 RWF
Tax Research ManagerAccounting and Finance10,943,000 RWF
TellerAccounting and Finance3,455,900 RWF
Treasury AccountantAccounting and Finance5,902,400 RWF
Treasury AnalystAccounting and Finance8,891,600 RWF
UnderwriterAccounting and Finance3,769,500 RWF
Underwriting AssistantAccounting and Finance3,829,500 RWF
Vice President of FinanceAccounting and Finance14,760,200 RWF

Salary Comparison by City

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

CityAverage Salary
Kigali10,716,600 RWF

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