Average Finance Manager with Financial Modeling Skills Salary in Mumbai, Maharashtra

The line graph shows Finance Manager salary in Mumbai, Maharashtra, 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 having experience between 1-4 years, their salary is around ₹11,73,823.49.

Once the experience reaches 5-9 years Finance Manager salary would increase again to a total of ₹12,46,374.23, adding ₹72,550.74 from the last salary increase.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of ₹21,48,000.00.

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 Senior Financial Management which impacts the most than the rest of the skills indicated with a staggering 31% comparatively. Therefore, one’s salary would greatly depend on their skills in Senior Financial Management.

The skill least likely to affect one’s pay would be Financial Compliance with 2%. It can be said that Financial Compliance skill will unlikely impact the salary.

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 ₹12,21,023.00 whereas the highest earning is ₹22,49,252.00 which clearly shows the salary increases with the level of expertise.

Late Career person will earn the maximum salary of ₹22,49,252.00 at 75%. So to summerize, Early Career earns 5% less than the average salary, Mid Carrer earns 0% less than the average salary, Late Career earns 75% more than the average salary.