Senior Finance Manager in Mumbai Salary (India)
The average salary for a Senior Finance Manager in Mumbai, Maharashtra is Rs 1,516,956 per year. People in this job generally don't have more than 20 years' experience.
|Range||Rs 0Rs 2M|
|Salary||Rs 833,363 - Rs 2,584,750|
|Bonus||Rs 45,000 - Rs 500,000|
|Profit Sharing||Rs 0.00|
|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 847,894 - Rs 2,876,204|
Job Description for Senior Finance Manager
The senior finance manager is responsible for many of the monetary operations and decision for their organization. The senior finance manager controls a large amount of a company's capital, including how that capital is spent. To decide how the company's money is best spend, the senior finance manager must be able to create forecasts that explain and predict the results of particular investments. In addition, the senior finance manager is responsible for compiling information on assets and sales (as applicable), and communicating these figure to executives and subordinate managers in the organization. Finally, a senior finance manager is responsible for keeping open lines of communication with business partners to discuss potential joint ventures.Read More...
A senior finance manager typically needs a bachelor’s degree in finance, accounting, or another business-related field, as well as financial experience in their company's field (retail, manufacturing, etc.). In addition, the individual must have excellent communication and analytical skills and the ability to handle large, important decisions. (Copyright 2018 PayScale.com)
Senior Finance Manager Tasks
- Produce periodic reports on the performance of business initiatives and adherence to budgets.
- Manage organization's investments and cash needs, proposing changes in policies and procedures as new situations arise.
- Develop and review organization's budget, using forecasts and models to determine how to allocate funds.
- Supervise staff evaluating organization's financial performance, generating reports, analysis, and models.
Senior Finance Manager Job Listings
Pay by Experience Level for Senior Finance Manager
Pay by Experience for a Senior Finance Manager has a negative trend. An entry-level Senior Finance Manager with less than 5 years of experience can expect to earn an average total compensation of Rs 1,263,000 based on 15 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior 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 1,820,000 based on 34 salaries. An experienced Senior Finance Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of Rs 1,725,000 based on 27 salaries. A Senior 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 1,044,000 based on 5 salaries.
Key Stats for Senior Finance Manager
Rated 4 out of 5
based on 10 votes.