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.

Rs 833,363 - Rs 2,584,750
Rs 830K
Rs 2M
Rs 3M
MEDIAN: Rs 1,508,602
10%
50%
90%
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
  • Country: India
  • Currency: INR
  • Updated: 10 Jan 2018
  • Individuals Reporting: 140

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.

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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

Gender

Female
13 %
Male
88 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.
1-4 years
13%
5-9 years
36%
10-19 years
45%
20 years or more
6%

Experience Affects Senior Finance Manager Salaries

▲10%

▲4%

National Average
Rs 1,652,000

Entry-Level
▼24%

Late-Career
▼37%

Skills That Affect Senior Finance Manager Salaries

Financial Reporting
▲1%

National Average
Rs 1,652,000


▼3%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.

Gender

Female
13 %
Male
88 %

Years of Experience

1-4 years
13%
5-9 years
36%
10-19 years
45%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 9%
vision benefits
Vision: 6%
no benefits
None: 36%