The average salary for an Assistant Finance Manager in India is ₹716,298.
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What Do Assistant Finance Managers Do?
The main focus of an assistant finance manager is to help maintain the financial stability of a business. They usually work directly under a company's financial manager, helping the manager analyze and improve their company's financial standing. Assistant finance managers are found in a number of industries.
The assistant finance manager spends a great deal of time checking and updating financial reports. A business' financial reports must be accurate and all transactions must be accounted for…Read more
Assistant Finance Manager Tasks
- Process financial and accounting information according to internal controls and policies.
- Analyze company taxes and work with accountants to develop strategies to reduce taxes.
- Ensures that financial statements are accurate and in compliance with company and government regulations.
- Draft financial reports and statements to present to senior management.
Popular Employer Salaries for Assistant Finance Manager
The top respondents for the job title Assistant Finance Manager are from the companies HSBC, Hindustan Unilever and Genpact. Reported salaries are highest at Hindustan Unilever where the average pay is ₹1,454,572. Other companies that offer high salaries for this role include Barclays Shared Services Pvt Ltd and Accenture Technology Solutions, earning around ₹1,017,365 and ₹1,010,400, respectively. EXL Service.com pays the lowest at around ₹450,000. Genpact and HSBC also pay on the lower end of the scale, paying ₹650,000 and ₹934,759, respectively.
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Assistant Finance Manager
Somewhat common (8 - 20%)
Assistant Finance Manager Job Listings
What Are Popular Skills for Assistant Finance Managers?
Skills in Financial Reporting, Financial Analysis and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Accounts Payable and General Ledger Accounting.
What is the Pay by Experience Level for Assistant Finance Managers?
An entry-level Assistant Finance Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹550,000 based on 16 salaries. An early career Assistant Finance Manager with 1-4 years of experience earns an average total compensation of ₹696,094 based on 162 salaries. A mid-career Assistant Finance Manager with 5-9 years of experience earns an average total compensation of ₹725,773 based on 242 salaries. An experienced Assistant Finance Manager with 10-19 years of experience earns an average total compensation of ₹740,101 based on 150 salaries. In their late career (20 years and higher), employees earn an average total compensation of ₹512,195.
Pay Difference by Location
Employees with Assistant Finance Manager in their job title in Pune, Maharashtra earn an average of 13.7% more than the national average. These job titles also find higher than average salaries in Bangalore, Karnataka (13.6% more) and Gurgaon, Haryana (12.2% more). The lowest salaries can be found in Chennai, Tamil Nadu (12.8% less), New Delhi, Delhi (4.1% less) and Hyderabad, Andhra Pradesh (3.3% less).
Years of Experience
This data is based on 585 survey responses.