Average Finance Manager Salary in India
The average annual salary of Finance Manager is ₹10,25,996.00
The starting salary of Finance Manager is between ₹3,26,808.00 and ₹3,84,480.00 whereas the maximum salary range is between ₹21,60,000.00 and ₹24,84,000.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
₹3,26,808.00 | ₹24,84,000.00 |
The average hourly pay of Finance Manager is ₹317.42.
The starting hourly rate is between ₹90.00 and ₹105.73 for Finance Manager whereas the maximum hourly wage is between ₹3,240.00 and ₹3,726.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
₹90.00 | ₹3,726.00 |
- Currency : INR
- Annual Salary : ₹10,25,996.00
- Hourly Pay : ₹317.42
- Weekly Pay : ₹19,156.00
- Fortnightly Salary : ₹38,312.00
- Monthly Salary : ₹83,009.00
Finance Manager Salary Comparison by Gender
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 in the chart, male employees are involved significantly more as Finance Manager compared to female. Their involvement is 78% while of female is only 22%.
Salary Distribution Based on Years of Experience
The line graph shows Finance Manager salary in 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 ₹5,48,156.72.
As the years of experience reaches 1 to 4, there is a significant increase of ₹2,18,444.49 which would give a total wage of INR766,601.21.
Once the experience reaches 5-9 years Finance Manager salary would increase again to a total of ₹11,35,723.21, adding ₹3,69,122.00 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 ₹12,85,698.91.
And finally, once the Finance Manager gains 20 years of experience or more, their salary would reach ₹12,88,370.30.
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 Pricing which impacts the most than the rest of the skills indicated with a staggering 102% comparatively. Therefore, one’s salary would greatly depend on their skills in Pricing.
The skill least likely to affect one’s pay would be Risk Management / Risk Control with 35%. It can be said that Risk Management / Risk Control 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 ₹5,12,998.00 whereas the highest earning is ₹12,51,715.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of ₹12,51,715.00 at 22%. So to summerize, Entry Level earns 50% less than the average salary, Early Career earns 27% less than the average salary, Mid Carrer earns 8% more than the average salary, Late Career earns 22% more than the average salary, Experienced earns 21% more than the average salary.
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