Borkar & Muzumdar, Chartered Accountants Mumbai Concurrent Auditor Salaries by 5 Employees

0 - 2 years exp.

₹1 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Concurrent Auditor Salary in Accounting & Auditing Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Concurrent Auditor Salary 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
Finance & Accounting Concurrent Auditor Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Human Resources Concurrent Auditor Salary Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹1 L/yr

Last Updated: 15 Mar 2023

Companies similar to Borkar & Muzumdar, Chartered Accountants for Concurrent Auditor in Mumbai

Borkar & Muzumdar, Chartered Accountants Concurrent Auditor Salary

0 - 2 years exp. (5 salaries)

₹1 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Janaswamy Associates Concurrent Auditor Salary 0 - 3 years exp. (8 salaries)	₹1.1 L/yr - ₹1.8 L/yr 14% less
Aneja Associates Concurrent Auditor Salary 5 - 7 years exp. (5 salaries)	₹3 L/yr - ₹4.2 L/yr 114% more
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RSM India Concurrent Auditor Salary 0 - 2 years exp. (3 salaries)	₹1.2 L/yr - ₹2 L/yr 1% less
N.S.Bhargava & Co. Concurrent Auditor Salary 0 - 5 years exp. (13 salaries)	₹1.2 L/yr - ₹2.4 L/yr 6% more
Bandhan Bank Concurrent Auditor Salary 3 - 11 years exp. (11 salaries)	₹2.5 L/yr - ₹5 L/yr 139% more

Concurrent Auditor salary at Borkar & Muzumdar, Chartered Accountants ranges between ₹1 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Borkar & Muzumdar, Chartered Accountants.

Experience wise Borkar & Muzumdar, Chartered Accountants Concurrent Auditor salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Borkar & Muzumdar, Chartered Accountants

Audit Assistant Salary

(29 salaries)

₹1.2 L/yr - ₹4 L/yr

Salary related reviews for Borkar & Muzumdar, Chartered Accountants

3.0

Rated by 1 employees for salary & benefits

Audit Executive in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 08 Jul 2023

2.0

for Salary and Benefits

Likes

Workplace environment is somewhat good.

Dislikes

1. Salary and increments are not as per industry standard. This is the issue faced by employees working under all partners. Many employees left this firm since last 2-3 years due to dissatisfaction with salary. 2. No incentives such as annual bonus, performance bonus are provided to employees. 3. HR policy and rules regarding many factors such as pay scale, increment cycle, parameters for appraisal, maternity leave etc. are unclear. There are different rules for different people. 4. Exposure and job satisfaction depend upon the partner. Unfortunately, I worked under a wrong partner and had an unsatisfactory experience. I had been promised a lot of things in terms of exposure and increment, which I never received.

Salary - Poor

+4 more

Audit Executive in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 20 Jun 2020

2.0

for Salary and Benefits

Likes

I cannot see anything good in this firm and during covid, they don't inform us and deduct out salaries. They don't pay for internet and we have to spend extra, earn lesser. One partner said buy new laptop from your own money during Covid times.

Job security - Good

Dislikes

... 2. They change policy as per situation and the policy will never benefit you 3. No paid leaves at all and they will deduct half day salary as well 4. Only 2-3 partners have big work, rest majority partners don't have good work

Salary - Poor

+4 more

Assistant Auditor

Finance & Accounting Department

5.0

• posted on 04 Apr 2019

2.0

for Salary and Benefits

Likes

...02-2016 but i join again 01-04-2017 to till date do not increment even one time. The main problem of salary issue.. Thank you..

Dislikes

Salary issue

Salary - Poor

+2 more

Audit Manager, Tax Consultant

Finance & Accounting Department

4.0

• posted on 15 May 2018

4.0

for Salary and Benefits

Likes

A good CA firm to work with. Anybody desirous of making a career in Service sector industry, can join B&M for initial work experience. Good firm from articleship view point.

Salary - Good

+3 more

Dislikes

The compensation to Professionals is a bit towards lower side.

Audit Manager in Mumbai

Finance & Accounting Department

2.0

• posted on 30 May 2022

2.0

for Salary and Benefits

Likes

Co workers and articles here are very good. Good work environment at junior and mid level.

Job security - Good

+1 more

Dislikes

Partners here are not co operative also no guidance is given related to work. you have to do all the work on your own. at a times partners also talk in very rude and derogatory manner. no respect is given by the partners.

Salary - Poor

+4 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Borkar & Muzumdar, Chartered Accountants Concurrent Auditor Salary FAQs

What is the salary of Concurrent Auditor at Borkar & Muzumdar, Chartered Accountants in Mumbai?

The average salary of a Concurrent Auditor at Borkar & Muzumdar, Chartered Accountants in Mumbai typically ranges from ₹1.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Concurrent Auditor in Mumbai at Borkar & Muzumdar, Chartered Accountants earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Concurrent Auditor Salaries at Borkar & Muzumdar, Chartered Accountants can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Borkar & Muzumdar, Chartered Accountants employees in India.

What is the estimated take home salary of a Concurrent Auditor at Borkar & Muzumdar, Chartered Accountants in Mumbai?

The estimated take-home salary of a Concurrent Auditor at Borkar & Muzumdar, Chartered Accountants in Mumbai typically ranges from ₹11,435 to ₹12,694 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Borkar & Muzumdar, Chartered Accountants. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Borkar & Muzumdar, Chartered Accountants for Concurrent Auditor in India?

Bandhan Bank	₹2.5 Lakhs to ₹5.0 Lakhs per year
Aneja Associates	₹3.0 Lakhs to ₹4.2 Lakhs per year
N.S.Bhargava & Co.	₹1.2 Lakhs to ₹2.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Borkar & Muzumdar, Chartered Accountants, depending on the role and experience level.

What is the salary of a Concurrent Auditor in companies similar to Borkar & Muzumdar, Chartered Accountants in Mumbai?

The salary of a Concurrent Auditor at companies similar to Borkar & Muzumdar, Chartered Accountants in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RSM India	₹1.2 Lakhs to ₹2.0 Lakhs per year
Janaswamy Associates	₹1.1 Lakhs to ₹1.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Concurrent Auditor at Borkar & Muzumdar, Chartered Accountants in Mumbai?

The salary growth for a Concurrent Auditor at Borkar & Muzumdar, Chartered Accountants in Mumbai depends on factors such as experience, performance, and promotions. On average, a Concurrent Auditor in Mumbai can expect the following growth trajectory at Borkar & Muzumdar, Chartered Accountants:

Experience	Average Salary Range
Fresher	₹0.9 Lakhs to ₹1.1 Lakhs per year
1 year	₹1.6 Lakhs to ₹2.0 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Borkar & Muzumdar, Chartered Accountants Concurrent Auditor Salaries in Mumbai

Borkar & Muzumdar, Chartered Accountants Concurrent Auditor salary in Mumbai ranges between ₹1 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Borkar & Muzumdar, Chartered Accountants latest salaries received from various employees of Borkar & Muzumdar, Chartered Accountants.