How much money does a person working in Accounting and Finance make in Mauritius?
Average Monthly Salary
48,200 MUR
( 578,000 MUR yearly)
LOW
19,300
MUR
AVERAGE
48,200
MUR
HIGH
96,000
MUR
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
A person working in Accounting and Finance in Mauritius typically earns around 48,200 MUR. Salaries range from 19,300 MUR (lowest average) to 96,000 MUR (highest average, actual maximum salary is higher).
Salary Variance
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Accounting and Finance domain in Mauritius exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries for specific jobs
Accounting and Finance | |
Account Examiner | 25,300 MUR |
Account Executive | 43,200 MUR |
Accountant | 31,400 MUR |
Accounting Analyst | 41,000 MUR |
|
Accounting Assistant | 25,500 MUR |
Accounting Associate | 24,100 MUR |
Accounting Clerk | 20,000 MUR |
Accounting Coordinator | 30,400 MUR |
Accounting Head | 68,400 MUR |
Accounting Manager | 69,100 MUR |
Accounting Officer | 25,600 MUR |
Accounting Specialist | 44,000 MUR |
Accounting Supervisor | 44,900 MUR |
Accounting Technician | 22,000 MUR |
Accounting Unit Controller | 57,800 MUR |
Accounts Executive | 41,900 MUR |
Accounts Officer | 26,400 MUR |
Accounts Payable and Receivable Specialist | 34,900 MUR |
Accounts Payable Assistant | 26,100 MUR |
Accounts Payable Associate | 31,600 MUR |
Accounts Payable Clerk | 25,100 MUR |
Accounts Payable Manager | 62,600 MUR |
Accounts Receivable Administrator | 47,000 MUR |
Accounts Receivable Clerk | 24,500 MUR |
Accounts Receivable Financial Analyst | 44,400 MUR |
Accounts Receivable Manager | 66,300 MUR |
Accounts Receivable Team Leader | 50,600 MUR |
Algorithmic Trading Specialist | 60,400 MUR |
Assistant Accountant | 25,500 MUR |
Assistant Accounting Manager | 61,800 MUR |
Assistant Auditor | 32,800 MUR |
Assistant Corporate Controller | 42,700 MUR |
Assistant Finance Manager | 68,700 MUR |
Assistant Financial Controller | 45,500 MUR |
Audit Director | 78,100 MUR |
Audit Supervisor | 61,400 MUR |
Auditing Clerk | 26,400 MUR |
Auditing Manager | 66,400 MUR |
Billing Clerk | 24,500 MUR |
Billing Coordinator | 30,400 MUR |
Billing Specialist | 35,700 MUR |
Billing Supervisor | 49,300 MUR |
Bookkeeper | 22,000 MUR |
Bookkeeping Specialist | 30,000 MUR |
Budget Analyst | 54,000 MUR |
Budget Manager | 67,200 MUR |
Business Support Analyst | 37,000 MUR |
Capital Markets Associate | 51,900 MUR |
Cash Flow Analyst | 51,000 MUR |
Cash Management Manager | 62,800 MUR |
Cash Management Officer | 37,800 MUR |
Cashbook Clerk | 22,000 MUR |
Chartered Accountant | 43,600 MUR |
Chief Accountant | 47,400 MUR |
Chief Financial Technology Officer | 67,200 MUR |
Collections Clerk | 19,400 MUR |
Collections Representative | 28,100 MUR |
Collections Specialist | 34,400 MUR |
Corporate Controller | 54,900 MUR |
Corporate Treasurer | 64,400 MUR |
Cost Accountant | 34,200 MUR |
Cost Accounting Manager | 62,800 MUR |
Cost Accounting Supervisor | 52,400 MUR |
Cost Analyst | 52,300 MUR |
Credit and Collection Manager | 65,100 MUR |
Credit and Collection Staff | 25,200 MUR |
Credit and Loans Officer | 24,600 MUR |
Credit Controller | 44,600 MUR |
Credit Manager | 66,600 MUR |
Debt Adviser | 53,100 MUR |
Debt Collector | 26,800 MUR |
Debtors Clerk | 23,500 MUR |
Debtors Controller | 25,600 MUR |
Deputy CFO | 87,000 MUR |
Deputy Head of Finance | 93,700 MUR |
Derivative Trader | 55,900 MUR |
Director of Finance | 98,400 MUR |
E-commerce Accountant | 33,900 MUR |
Economist | 73,700 MUR |
Equity Analyst | 60,900 MUR |
Escrow Assistant | 29,600 MUR |
Executive Accountant | 36,100 MUR |
External Auditor | 46,400 MUR |
Finance Administrator | 39,300 MUR |
Finance Analyst | 56,800 MUR |
Finance Associate | 27,500 MUR |
Finance Data Analyst | 55,800 MUR |
Finance Director | 96,900 MUR |
Finance Executive | 70,400 MUR |
Finance Licensing Clerk | 23,900 MUR |
Finance Licensing Manager | 65,600 MUR |
Finance Licensing Specialist | 34,900 MUR |
Finance Manager | 95,400 MUR |
Finance Officer | 32,800 MUR |
Finance President | 92,500 MUR |
Finance Relationship Manager | 79,900 MUR |
Finance Release Analyst | 38,400 MUR |
Finance Specialist | 53,000 MUR |
Finance Team Leader | 76,000 MUR |
Financial Accountant | 34,400 MUR |
Financial Actuary | 51,300 MUR |
Financial Administrator | 53,300 MUR |
Financial Advisor | 60,300 MUR |
Financial Analyst | 61,300 MUR |
Financial Applications Specialist | 40,600 MUR |
Financial Assistant | 27,100 MUR |
Financial Associate | 26,300 MUR |
Financial Associate | 32,900 MUR |
Financial Claims Analyst | 43,300 MUR |
Financial Claims Manager | 59,500 MUR |
Financial Claims Supervisor | 57,300 MUR |
Financial Clerk | 24,900 MUR |
Financial Commercial Analyst | 46,500 MUR |
Financial Compliance Analyst | 54,300 MUR |
Financial Compliance Officer | 51,400 MUR |
Financial Consultant | 45,800 MUR |
Financial Controller | 53,200 MUR |
Financial Controller | 50,200 MUR |
Financial Coordinator | 31,400 MUR |
Financial Customer Service Manager | 60,700 MUR |
Financial Data Scientist | 62,600 MUR |
Financial Dealer and Broker | 35,500 MUR |
Financial Director | 101,000 MUR |
Financial Encoder | 29,300 MUR |
Financial Manager | 93,200 MUR |
Financial Manager | 87,800 MUR |
Financial Modelling Analyst | 56,700 MUR |
Financial Operations Manager | 81,100 MUR |
Financial Policy Analyst | 49,200 MUR |
Financial Project Manager | 65,200 MUR |
Financial Quantitative Analyst | 58,200 MUR |
Financial Reporting Consultant | 49,300 MUR |
Financial Reporting Manager | 60,700 MUR |
Financial Section Head | 64,100 MUR |
Financial Services Manager | 87,900 MUR |
Financial Services Sales Agent | 36,400 MUR |
Financial Technology Consultant | 51,600 MUR |
Financial Wellness Coach | 69,800 MUR |
FinTech Analyst | 55,000 MUR |
Fixed Assets Administrator | 33,100 MUR |
Forensic Accountant | 40,300 MUR |
Fraud Detection Supervisor | 42,400 MUR |
Fraud Prevention Manager | 66,000 MUR |
Fund Accountant | 32,100 MUR |
Grants Coordinator | 24,800 MUR |
Green Finance Analyst | 47,900 MUR |
Group Financial Manager | 91,800 MUR |
Internal Auditor | 46,000 MUR |
Internal Control Adviser | 54,100 MUR |
Internal Control Officer | 28,200 MUR |
International Tax Director | 82,200 MUR |
Inventory Accountant | 35,700 MUR |
Investment Advisor | 84,300 MUR |
Investment Analyst | 64,600 MUR |
Investment Associate | 56,300 MUR |
Investment Broker | 57,000 MUR |
Investment Fund Manager | 70,200 MUR |
Investment Operations Manager | 71,100 MUR |
Investment Underwriter | 27,800 MUR |
Investor | 41,100 MUR |
Investor Relations Manager | 66,500 MUR |
KYC Team Leader | 64,500 MUR |
Loan Processor | 27,600 MUR |
Management Accountant | 37,700 MUR |
Management Economist | 77,000 MUR |
Paymaster | 26,000 MUR |
Payroll Administrator | 44,100 MUR |
Payroll Benefits Coordinator | 35,900 MUR |
Payroll Billing Manager | 61,600 MUR |
Payroll Clerk | 27,300 MUR |
Payroll Manager | 59,500 MUR |
Payroll Officer | 27,600 MUR |
Payroll Specialist | 34,200 MUR |
Payroll Supervisor | 43,100 MUR |
Pensions Administrator | 35,000 MUR |
Personal Financial Advisor | 48,200 MUR |
Pricing Analyst | 54,000 MUR |
Private Equity Analyst | 57,900 MUR |
Project Accountant | 35,500 MUR |
Proposal Development Coordinator | 29,400 MUR |
Quantitative Trader | 47,200 MUR |
Receivables Accountant | 30,600 MUR |
Regulatory Accountant | 37,200 MUR |
Retirement Plan Analyst | 54,900 MUR |
Revenue Management Specialist | 53,600 MUR |
Revenue Recognition Analyst | 62,200 MUR |
Risk Management Director | 77,000 MUR |
Risk Management Supervisor | 65,800 MUR |
Staff Accountant | 32,100 MUR |
Tax Accountant | 30,500 MUR |
Tax Administrator | 35,700 MUR |
Tax Advisor | 52,300 MUR |
Tax Analyst | 49,100 MUR |
Tax Associate | 28,400 MUR |
Tax Consultant | 53,100 MUR |
Tax Director | 80,000 MUR |
Tax Examiner | 35,100 MUR |
Tax Manager | 70,400 MUR |
Tax Research Manager | 66,200 MUR |
Teller | 20,000 MUR |
Treasury Accountant | 34,400 MUR |
Treasury Analyst | 56,500 MUR |
Underwriter | 22,200 MUR |
Underwriting Assistant | 21,600 MUR |
Vice President of Finance | 94,400 MUR |
Accounting and Finance Jobs Pay Scale and Salaries in Mauritius
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mauritius/accounting-and-finance/median-and-salary-distribution-monthly-mauritius-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
51,500 MUR or more
10% of people earn
43,600 to 51,500 MUR
20% of people earn
26,200 MUR or less
65% of people earn
26,200 to 43,600 MUR
Minimum Salary 19,300 MUR |
Median 45,200 MUR |
Maximum 96,000 MUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
All salary figures displayed here are per month except when noted otherwise.
Salary Range, Minimum Wage, and Starting Salary
Salaries in Accounting and Finance in Mauritius range from 19,300 MUR (starting average salary) to 96,000 MUR (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
Median Salary
The median income in the field of Accounting and Finance is 45,200 MUR, implying that half of the workforce in Mauritius earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Percentiles and Salary Scale
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Accounting and Finance in Mauritius earn less than 35,400 MUR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 54,600 MUR, while 25% earn more than that.
Pay Scale Structure
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Accounting and Finance in Mauritius. The analysis revealed that roughly 65% of all reported salaries fell within the range of 26,200 MUR to 43,600 MUR. Approximately 20% of salaries were below the 26,200 MUR mark, while 10% ranged from 43,600 MUR to 51,500 MUR. Only 5% of individuals earned a gross salary of 51,500 MUR or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.
Generally speaking, employees in Accounting and Finance in Mauritius having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
“ On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
Salary Comparison By Education
How does the education level affect your salary?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?
We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Accounting and Finance in Mauritius, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Mauritius costs anywhere from 233,000 MUR to 699,000 MUR and lasts approximately two years. That is quite an investment.
Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.
Salary and Compensation Comparison By Gender / Accounting and Finance / Mauritius
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mauritius/accounting-and-finance/salary-comparison-by-gender-monthly-mauritius-accounting-and-finance.jpg Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Accounting and Finance in Mauritius, the average difference between the salary of male and female employees is 9%.
Male | | 50,400 MUR |
Female | -8% | 46,400 MUR |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Mauritius for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mauritius/salary-comparison-by-gender-monthly-mauritius.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Mauritius
How much are annual salary increments in Mauritius for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in Mauritius are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mauritius/accounting-and-finance/annual-salary-increment-rate-mauritius-accounting-and-finance.jpg The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.
Mauritius / All Professions
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mauritius/annual-salary-increment-rate-mauritius.jpg The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
“The average salary increase in one year (12 months) in Mauritius is 2%.”
Worldwide Salary Raises: All Countries and All Jobs
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Accounting and Finance / Mauritius
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mauritius/accounting-and-finance/annual-salary-bonus-rate-mauritius-accounting-and-finance.jpg
37% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 63% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
Received Bonus | | 63% |
No Bonus | | 37% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs |
Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: A graphics designer working for a graphics designing company. | Example: A graphic designer in the marketing department of a hospital. |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
“Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.”
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Hourly Average Wage / Accounting and Finance / Mauritius
280 MUR
per hour The average hourly wage (pay per hour) in Accounting and Finance in Mauritius is 280 MUR.This is the rate they get paid for every worked hour.
Hourly Wage = Annual Salary / ( 52 x 5 x 8 )
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working in Accounting and Finance in Mauritius is 110 MUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Mauritius is 18% on average across all career fields.
Private Sector | | 41,900 MUR |
Public Sector | +18% | 49,400 MUR |
Percentage increase and decrease are relative to the previous value
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary in Accounting and Finance in Mauritius?
A good and competitive compensation would range anywhere between 45,200 MUR and 54,600 MUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for jobs in Accounting and Finance in Mauritius ranges from 19,300 MUR to 35,400 MUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary