A Finance Officer earns an average salary of Rs 339,950 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience. Most people with this job move on to other positions after 20 years in this field. The skills that increase pay for this job the most are Accounting and SAP SAP Financial Accounting and Controlling (SAP FICO).

Rs 159,662 - Rs 719,025
Rs 160K
Rs 340K
Rs 720K
MEDIAN: Rs 338,479
10%
50%
90%
Rs 0Rs 777K
Salary Rs 159,662 - Rs 719,025
Bonus Rs 3,077 - Rs 87,172
Profit Sharing Rs 0.00 - Rs 150,000
Commission Rs 100,000
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 173,446 - Rs 777,874
  • Country: India
  • Currency: INR
  • Updated: 20 Jan 2018
  • Individuals Reporting: 228

Job Description for Finance Officer

Finance officers are executives who handle financial issues and decisions in a company. They may oversee accounting departments, review reports, and create budgets. Financial officers also may supervise spending, which can include investments and cash management; they may be responsible for preparing financial statements while maintaining compliance with state and federal government regulations. Managing an internal audit and reporting findings, as well as making recommendations based on that audit, is often part of the duties of a finance officer.

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Finance Officer Tasks

  • Coordinate financial record-keeping and oversee the development of yearly budgets.
  • Provide financial guidance and management expertise related to company operations and financial strategy.
  • Supervise investment strategies, direct financial resources, and manage company assets.
  • Ensure that accounting, budget and audit controls and systems are in compliance with State, Federal and local rules and regulations.

Common Career Paths for Finance Officer


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Finance Officer Job Listings

Pay by Experience Level for Finance Officer

Pay by Experience for a Finance Officer has a positive trend. An entry-level Finance Officer with less than 5 years of experience can expect to earn an average total compensation of Rs 284,000 based on 79 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of Rs 452,000 based on 43 salaries. An experienced Finance Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of Rs 686,000 based on 19 salaries. A Finance Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of Rs 610,000 based on 5 salaries.

Pay Difference by Location

National Average: Rs 358,803

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

Related Job Salaries

Key Stats for Finance Officer

Gender

Female
16 %
Male
84 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.
Less than 1 year
6%
1-4 years
48%
5-9 years
29%
10-19 years
13%
20 years or more
4%

Experience Affects Finance Officer Salaries

Experienced
▲91%

Late-Career
▲70%

▲26%

National Average
Rs 359,000

▼21%

Skills That Affect Finance Officer Salaries

Accounting
▲25%


National Average
Rs 359,000

Account Management
▼27%

Accounts Payable
▼27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
16 %
Male
84 %

Years of Experience

Less than 1 year
6%
1-4 years
48%
5-9 years
29%
10-19 years
13%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 7%
vision benefits
Vision: 5%
no benefits
None: 36%