CAMS Reconciliation Specialist Salaries by 6 Employees

1 - 10 years exp.

₹1.3 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Reconciliation Specialist Salary in Financial Services Companies for 1 - 10 years of experience

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Last Updated: 17 Jun 2024

Companies similar to CAMS for Reconciliation Specialist

Company name	Avg Annual Salary	Open Jobs
Citicorp Reconciliation Specialist Salary 0 - 6 years exp. (48 salaries)	₹3.5 L/yr - ₹6.3 L/yr 84% more
UBS Reconciliation Specialist Salary 1 - 9 years exp. (34 salaries)	₹3.6 L/yr - ₹9.5 L/yr 147% more
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BNY Reconciliation Specialist Salary 2 - 11 years exp. (20 salaries)	₹3.2 L/yr - ₹8.3 L/yr 135% more
State Street Corporation Reconciliation Specialist Salary 4 - 11 years exp. (8 salaries)	₹3.5 L/yr - ₹6.3 L/yr 120% more
HSBC Group Reconciliation Specialist Salary 3 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹11 L/yr 157% more

Reconciliation Specialist salary at CAMS ranges between ₹1.3 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 6 latest salaries received from various employees of CAMS.

Experience wise CAMS Reconciliation Specialist salaries

Last Updated: 17 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.6 L/yr
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
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3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

View all

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Top skills at CAMS for Reconciliation Specialist

General Ledger Bank Reconciliation Statement Gl Accounting Accounting Balance Sheet Banking General Accounting

Salary related reviews for CAMS

2.0

Rated by 2 employees for salary & benefits

Team Lead in Chennai

Full Time

Mutual Fund Department

1.0

• posted on 31 Aug 2022

1.0

for Salary and Benefits

Likes

There are no good things

Dislikes

...team behavior is none less than demon and devils. Promotions are only in dreams. The salary hike is so less that you will die poor. Work-life balance only in papers, managers will ask you to office even on Saturdays, Sundays, and Holidays. Unofficial working hours are more than 11 to 12 hours. Managers will ask you to work on wrong data and will expect you to be 100% right. Any small compliance issue you will be out of the organization. For Lunch, you have to wait in a queue in the cafeteria. Training team will torture you for completing useless e-learning courses which you can't even understand.

Salary - Bad

+6 more

Deputy Manager in Chennai

Other Department

3.0

• posted on 15 May 2019

2.0

for Salary and Benefits

Likes

You stay longer, you become stronger is applicable everywhere but not in CAMS. The longer you are associated you're considered to be an useless person

Job security - Good

+1 more

Dislikes

Work life balance is good, but compensation has not grown for 15 years in keeping with inflation

Salary - Poor

+2 more

Process Associate

BFSI, Investments & Trading Department

4.0

• posted on 29 Jan 2020

3.0

for Salary and Benefits

Likes

Based on my review. for the past 11 years, I worked in CAMS. CAMS is a good company to learn most about given by training is excellent. . Overall it's a good company for the past 30 years a company is still doing business in current trend is excellent and its team, employees, support. Again, i am looking for CAMS job if they readmit me. Thanks

Skill development - Excellent

+3 more

Dislikes

No promotion or very poor hike in salary at par the latest industry trends in India. One employee must wait at least, 10+ years to get any promotion. It at the person is well with co-managers or hiresup. Maybe he gets. any hike in salary or promotion. At least, a person must be in the SPO range or AM range is possible to sustain his / her life in CAMS. because of the current trend like unemployment hanging in the Indian industry.

Process Associate in Chennai

Procurement & Supply Chain Department

4.0

• posted on 09 May 2019

1.0

for Salary and Benefits

Likes

once everyone says its a flexible job, but nowadays everything changed by management. retrenchment is more nowadays in CAMS.

Skill development - Excellent

+2 more

Dislikes

No more promotions...salary hike is very low below the market conditions or even a brick man or Carpenter can get good salary than Cams Middle level Employees. Feels very sorry to say and sad most of the employees in CAMS are now unemployed. Because, most of the freshers coming for very low salary for 6000 to 9000...!!!!

Salary - Bad

+2 more

Senior Associate in Chennai

Customer Success, Service & Operations Department

5.0

• posted on 20 Mar 2019

5.0

for Salary and Benefits

Likes

Thus is good company , providing great training to us as per the update.

Salary - Excellent

+6 more

Dislikes

It's really overall good company but only thing is as per salary growth not satisfied the employee . Overall very good company

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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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CAMS Reconciliation Specialist Salary FAQs

What is the salary of Reconciliation Specialist at CAMS ?

The average salary of a Reconciliation Specialist at CAMS in India typically ranges from ₹1.3 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Reconciliation Specialist at CAMS earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Reconciliation Specialist Salaries at CAMS 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 6 CAMS employees in India.

What is the estimated take home salary of a Reconciliation Specialist at CAMS in India?

The estimated take-home salary of a Reconciliation Specialist at CAMS in India typically ranges from ₹17,198 to ₹18,903 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 6 salaries received from various employees of CAMS. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Reconciliation Specialist at CAMS ?

To be a Reconciliation Specialist at CAMS in india, the key skills required include:

- General Ledger
- Bank Reconciliation Statement
- Gl Accounting
- Accounting
- Balance Sheet

These skills are highly valued at CAMS and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than CAMS for Reconciliation Specialist in India?

HSBC Group	₹4.5 Lakhs to ₹11.0 Lakhs per year
UBS	₹3.6 Lakhs to ₹9.5 Lakhs per year
BNY	₹3.2 Lakhs to ₹8.3 Lakhs per year
State Street Corporation	₹3.5 Lakhs to ₹6.3 Lakhs per year
Citicorp	₹3.5 Lakhs to ₹6.3 Lakhs per year

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

How the salary growth look like for a Reconciliation Specialist at CAMS in India?

The salary growth for a Reconciliation Specialist at CAMS depends on factors such as experience, performance, and promotions. On average, a Reconciliation Specialist can expect the following growth trajectory at CAMS:

Experience	Average Salary Range
1 year	₹1.2 Lakhs to ₹1.6 Lakhs per year
2 years	₹1.5 Lakhs to ₹1.9 Lakhs per year
3 years	₹1.7 Lakhs to ₹2.1 Lakhs per year
4 years	₹1.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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CAMS Reconciliation Specialist Salaries

CAMS Reconciliation Specialist salary in India ranges between ₹1.3 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 CAMS latest salaries received from various employees of CAMS.