The goal of most CPA (Certified Public Accountants) students is to get a well-paying job after completion of the course. CPA grandaunts can join the private or public sector and build a budding career in accounting and related fields. CPA students already in the job market can be able to climb the career ladder after getting CPA certification and realize their dream of becoming one of the top-paid accountants in Kenya.

ENROLL in RCM Online College TODAY to build a career as a CPA and be able to earn an attractive salary.

Factors Influencing Salary Level for CPAs in Different Accounting Positions

In Kenya, the salary range for CPA graduates can vary from entry-level positions to more senior positions. The factors that influence variations in salary levels for CPAs in the country include:

1. Job requirements and responsibilities: The salaries for CPA graduates vary depending on the job requirements and responsibilities. Accounting positions with more responsibilities attract relatively higher salaries.
2. Location of the job: jobs in urban areas tend to attract higher salaries owing to the high cost of living. The same job in rural areas tends to pay relatively lower salaries because the cost of living upcountry is relatively lower.
3. Level of experience: the level of experience for an accounting position is a key determinant in the salary for a given accounting position. Jobs that require expansive experience attract higher salaries in comparison to entry-level jobs.
4. Industry: The industry in which a CPA works influences the salary range significantly. Accounting positions in the finance and banking industries attract higher salaries, especially in comparison to other sectors in the industry. Also, there are differences in the salary for CPAs in the public and private sectors.
5. Qualifications and certifications: Some accounting job positions require other qualifications and certifications in addition to CPA. For instance, a job may require a candidate to have a degree and intermediate-level CPA certification. Thus, the level of qualification and certification necessary for a given job is a key influencing factor for the salary awarded to the qualifying candidate.

Salaries for Entry-Level Positions

CPA graduates who join the job market at the entry in positions such as audit associate and junior accountants earn a salary commensurate to the position. The salary range for such graduates can be as low as Kshs. 20,000 to more than Kshs. 60,000. Entry-level salaries for accounting jobs vary depending on various factors including, job responsibilities and requirements.

Salaries for Middle-Level Positions

Middle-level accountancy positions require work experience. Also, middle-level accountancy positions require competency and vast skills in handling different accounting areas. Given the expansive work experience and skill requirement for middle-level accounting positions, the salary range is approximately Kshs. 60,000 to Kshs. 150,000. However, depending on the sector and organization, an accounting middle-level position can attract even more than Kshs.150,000.

Salaries for Senior Level Position

Senior-level accounting positions include finance managers, controllers, and chief financial officers. Such positions require CPAs with expansive experience in accounting and other education qualifications. can earn even higher salaries, ranging from Kshs. 150,000 to Kshs. 500,000 or more per month. Employees in senior positions can even be able to work on upward of Kshs. 500,000 depending on the company and the location of the job.

Join us today at RCM Online College to begin your journey to becoming a CPA and earning top salaries in the industry and organization of your choice.

Visit the RCM website at https://www.rcmonlinecollege.co.ke/, email us at [email protected], call us at +254719525000 or visit us at Corner House 13^th Floor along Kimathi Street, Suite A6 for clarification