A Finance Manager earns an average salary of Rs 956,578 per year. For the first five to ten years in this position, salary increases steeply, but any additional experience does not have a big effect on pay. People in this job generally don't have more than 20 years' experience. Skills that are associated with high pay for this job are Senior Financial Management, Financial Modeling, Budgeting, Financial Analysis, and Financial Reporting.

Rs 342,674 - Rs 1,855,602
Rs 340K
Rs 960K
Rs 2M
MEDIAN: Rs 955,019
10%
50%
90%
Rs 128 - Rs 814
Rs 500
MEDIAN: Rs 500
50%
Rs 0Rs 2M
Salary Rs 342,674 - Rs 1,855,602
Bonus Rs 9,888 - Rs 276,922
Profit Sharing Rs 0.00 - Rs 175,000
Commission Rs 0.00 - Rs 73,974
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
Rs 354,694 - Rs 2,001,074
  • Country: India
  • Currency: INR
  • Updated: 16 Dec 2017
  • Individuals Reporting: 2,931
Hourly Data Rs 0Rs 1K
Hourly Rate Rs 500
Hourly Tips Rs 90.91
Overtime Rs 0.00 - Rs 1,973
Annual Data Rs 0Rs 2M
Bonus Rs 9,888 - Rs 276,922
Commission Rs 0.00 - Rs 73,974
Profit Sharing Rs 0.00 - Rs 175,000
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
Rs 354,694 - Rs 2,001,074
  • Country: United States
  • Currency: INR
  • Updated: 16 Dec 2017
  • Individuals Reporting: 6

Job Description for Finance Manager

Finance managers develop and monitor departmental budgets. They make relevant financial forecasts for their company. They work with other managers and their staff to establish their company’s future budgets. Their department keeps track of ongoing expenses to make sure that they are not over the budget. They ask relevant managers for clarification when their departmental expenses have surpassed the established budget. They are responsible for accurate and timely reporting of various. They must take ownership of various projects and delegate them to their staff. They follow up with their staff regarding project progress.

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Finance Manager Tasks

  • Prepare informational analyses on current processes, actual performance versus budget and prior year data.
  • Assist Operations team in Monthly Operations Review.
  • Identify areas for cost reductions and operational improvements.
  • Provide analyses to Operations team.

Popular Employer Salaries for Finance Manager

Common Career Paths for Finance Manager


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Finance Manager Job Listings

Popular Skills for Finance Manager

Pay by Experience Level for Finance Manager

Pay by Experience for a Finance Manager has a positive trend. An entry-level Finance Manager with less than 5 years of experience can expect to earn an average total compensation of Rs 730,000 based on 578 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of Rs 1,180,000 based on 625 salaries. An experienced Finance Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of Rs 1,225,000 based on 428 salaries. A Finance Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of Rs 1,191,000 based on 77 salaries.

Pay Difference by Location

National Average: Rs 998,208

Larger city markers indicate a job is popular in that location.

Finance Manager Reviews

Q: What is it like working as a Finance Manager?

Finance Manager in Chennai:
"Good with limited powers."
Pros: I am the lone ranger , I can. Do anything and I can correct them also, if I am wrong.
Cons: Compensation, and pay need to be considered for revision.

Finance Manager in Pune:
"Professional comfort/ issues"
Pros: Good amount of exposure to accounting,finance & taxation.
Cons: The undue stress crated by top management is give a lot of stress both on and off the work schedule.

Related Job Salaries

Key Stats for Finance Manager

Gender

Female
19 %
Male
81 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 110 votes.
Less than 1 year
7%
1-4 years
23%
5-9 years
35%
10-19 years
29%
20 years or more
5%

Experience Affects Finance Manager Salaries

▲23%

▲19%

▲18%

National Average
Rs 998,000

▼27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 110 votes.

Gender

Female
19 %
Male
81 %

Years of Experience

Less than 1 year
7%
1-4 years
23%
5-9 years
35%
10-19 years
29%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 7%
vision benefits
Vision: 5%
no benefits
None: 28%