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Salary data for country: Tanzania
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Economy, Finance, Accountancy

Salary for position IFRS specialist in Tanzania

Gross salary in Tanzania is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
11.4M - 43.3M TZS
10% earn less lthan 11.4M TZS
10% earns more than 43.3M TZS
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Salaries in the survey are expressed in gross.

Based on the Paylab.com salary survey, 80% of people on the IFRS specialist position in the Tanzania earn between 11,400,600 TZS and 43,269,624 TZS annually gross.

10% of employees earn less than 11,400,600 TZS and 10% of people earn more than 43,269,624 TZS.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does IFRS specialist typically do

  • Responsibility for reporting according to international standards
  • Ensuring monthly closings (including IFRS, etc.); initiation of measures to optimize closing processes across departments
  • Processing of consolidated financial statements or preparation of documents for consolidation (including IFRS, etc.)
  • Compilation of statutory and managerial reporting (according to CAS, IFRS, US GAAP); implementation and compliance with group reporting standards and policies; reporting segmentation
  • Consolidation of financial statements and business combination, including resolution of problem areas (elimination of interrelationships, deferred tax, reporting and disclosure obligations)
  • Control of compliance with accounting rules in individual companies of the concern for the purpose of correct and verifiable consolidated accounting according to international standards
  • Support of specific areas (e.g. transfer pricing and documentation of transfer prices; cash pooling)
  • Preparation of documents for accounting and tax audits and communication with auditors

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The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position IFRS specialist in the labour market

In the salary ranking,
the job position takes

32. place

Women representation in position

n/a

Average age of respondent by position

n/a

703. place

Secondary School Teacher

Education, Science & Research

Salary group 1

3,949,307 - 5,895,342 TZS

33. place

Head of controlling

Management

Salary group 2

10,872,288 - 44,050,368 TZS

32. place

IFRS specialist

Economy, Finance, Accountancy

Salary group 2

11,400,600 - 43,269,624 TZS

31. place

Professor

Education, Science & Research

Salary group 2

19,166,952 - 32,898,516 TZS

1. place

Chief Executive Officer

Top Management

Salary group 3

15,968,937 - 112,698,343 TZS

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  • Salary for the position by region, education, experience, company size, age
  • Distribution of respondents into wage bands
  • Salary range from 1st to 9th decile
  • A breakdown of all monitored non-financial benefits
  • Analysis of financial benefits
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Frequently asked Questions

Frequently asked questions and answers about the salary for the position IFRS specialist.

The total gross salary for the position IFRS specialist ranges between 768,003 TZS and 6,476,403 TZS per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Paylab.com to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position IFRS specialist have a total gross salary of at least 3,605,802 TZS per month.

10% of the highest-earning employees in this position have a total gross salary higher than 3,605,802 TZS per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 950,050 TZS per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position IFRS specialist earns 2,338,376 TZS per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Paylab.com you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position IFRS specialist, we currently have less than 20 verified respondents collected.