Average Finance Manager Salary in Indore, Madhya Pradesh

Annual Base Salary - ₹3,79,506.00/year

The average annual salary of Finance Manager is ₹3,79,506.00

₹55,080.00
Low
₹3,79,506.00
Average
₹10,40,000.00
High

The starting salary of Finance Manager is between ₹46,818.00 and ₹55,080.00 whereas the maximum salary range is between ₹10,40,000.00 and ₹11,96,000.00.

Minimum Annual PayMaximum Annual Pay
₹46,818.00₹11,96,000.00
Bonus Range: Tooltip
₹0.00 - ₹59,740.00
₹0.00
₹11,96,000.00
Profit Sharing: Tooltip
₹0.00 - ₹5,35,300.00
₹0.00
₹11,96,000.00
  • Currency : INR
  • Annual Salary : ₹3,79,506.00
  • Weekly Pay : ₹6,696.00
  • Fortnightly Salary : ₹13,391.00
  • Monthly Salary : ₹29,014.00

Finance Manager Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Finance Manager. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown via chart, male employees are involved 100% in contrast with female who possibly are not a part of this profession.

Salary Distribution Based on Years of Experience

The line graph shows Finance Manager salary in Indore, Madhya Pradesh, India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Finance Manager working less than a year in a company, you notice that their annual salary starts around ₹2,70,000.00.

As the years of experience reaches 1 to 4, there is a significant increase of ₹95,750.00 which would give a total wage of INR365,750.00.

Once the experience reaches 5-9 years Finance Manager salary would increase again to a total of ₹5,61,192.00, adding ₹1,95,442.00 from the last salary increase.

Prominent Skills Affecting Finance Manager Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Finance Manager's salary. It clearly highlights the skills needed for a post of Finance Manager when hired by an employer.

The most vital skill expected of Finance Manager is Financial Analysis which impacts the most than the rest of the skills indicated with a staggering 56% comparatively. Therefore, one’s salary would greatly depend on their skills in Financial Analysis.

The skill least likely to affect one’s pay would be Accounting with 7%. It can be said that Accounting skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Finance Manager. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₹2,69,449.00 whereas the highest earning is ₹5,92,029.00 which clearly shows the salary increases with the level of expertise.

Mid Carrer person will earn the maximum salary of ₹5,92,029.00 at 56%. So to summerize, Entry Level earns 29% less than the average salary, Early Career earns 1% more than the average salary, Mid Carrer earns 56% more than the average salary.

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