Danfoss Industries Assistant Manager Finance Salaries by 4 Employees

7 - 10 years exp.

₹7.3 Lakhs - ₹11 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% less than the average Assistant Manager Finance Salary in Industrial Machinery Companies for 7 - 10 years of experience

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Last Updated: 26 Jul 2023

Companies similar to Danfoss Industries for Assistant Manager Finance

Company name	Avg Annual Salary	Open Jobs
Hilti Assistant Manager Finance Salary 3 - 17 years exp. (8 salaries)	₹12.5 L/yr - ₹27 L/yr 113% more
Cummins Assistant Manager Finance Salary 7 - 14 years exp. (6 salaries)	₹6.2 L/yr - ₹8.9 L/yr 12% less
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TechnipFMC Assistant Manager Finance Salary 3 - 4 years exp. (3 salaries)	₹11 L/yr - ₹13 L/yr 30% more
ITC Assistant Manager Finance Salary 0 - 18 years exp. (263 salaries)	₹9 L/yr - ₹26.4 L/yr 84% more	1 job opening
Genpact Assistant Manager Finance Salary 5 - 12 years exp. (209 salaries)	₹4.5 L/yr - ₹13.3 L/yr 11% more

Assistant Manager Finance salary at Danfoss Industries ranges between ₹7.3 Lakhs to ₹11 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Danfoss Industries.

Experience wise Danfoss Industries Assistant Manager Finance salaries

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
8 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
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9 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
10 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr

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Top skills at Danfoss Industries for Assistant Manager Finance

Ca ERP Procurement Finance Refrigeration Power Bi Automotive Fixed Assets Accounts Reconciliation Supply Chain Financial Analysis Renewable Energy Social Networking General Ledger Accounting freight

Salary related reviews for Danfoss Industries

Financial Accountant in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 13 May 2024

3.0

for Salary and Benefits

Likes

... overall culture of the company is good. There are decent opportunities to grow. Pay is at par though they are not the leaders.

Skill development - Good

+2 more

Dislikes

The Finance leadership is unaware of the weakness in Company’s systems, processes and controls. Consequently, there is wide gap between expectation and reality.

Production Team Leader in Chennai

Full Time

Other Department

4.0

• posted on 24 Nov 2024

3.0

for Salary and Benefits

Likes

"I'm grateful to be a part of Danfoss Industries, where innovation meets sustainability. What I appreciate most about working here is:

Skill development - Excellent

+4 more

Dislikes

...at Danfoss Industries, as it has provided me with valuable skills and knowledge. However, I do have one concern that I'd like to share: Despite my significant work experience and contributions to the company, I feel that my salary is below market average. I believe that my hard work and dedication warrant a salary that reflects my value to the organization.

Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 06 Sep 2024

3.0

for Salary and Benefits

Likes

You will get Rs 5000 as gift per year Good work quality ,good office & infra , canteen,

Work satisfaction - Good

Dislikes

Company will not pay your variable pay STI (Bonus) - 0% payout Company doesnt pay your CTC complete Low Job Security Always making drastic changes in strategy and laying off people Top Management doesn't know how to run a $10B company

Job security - Bad

Buyer in Chennai

Full Time

Procurement & Supply Chain Department

4.0

• posted on 16 Aug 2021

4.0

for Salary and Benefits

Likes

Good work and very much of support our team and we are initiate and providing self growth for each person environment and culture is very good and more training will be providing for growing our self

Salary - Good

+5 more

Dislikes

They're are not providing salary based ok our work

Work-life balance - Poor

Deputy Manager (SCM- Purchase & Vendor Management) in Vadodara

Full Time

Procurement & Supply Chain Department

1.0

• posted on 26 Feb 2024

1.0

for Salary and Benefits

Likes

Good Market Portfolio Trainings & devlopement

Dislikes

Poor Management & working culture No transparency for job profile & salary Very Limited Scope of Improvement Good Brand name but worse like road side company

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

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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Danfoss Industries Assistant Manager Finance Salary FAQs

What is the salary of Assistant Manager Finance at Danfoss Industries ?

The average salary of a Assistant Manager Finance at Danfoss Industries in India typically ranges from ₹7.3 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Assistant Manager Finance at Danfoss Industries earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Assistant Manager Finance Salaries at Danfoss Industries 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 4 Danfoss Industries employees in India.

What is the estimated take home salary of a Assistant Manager Finance at Danfoss Industries in India?

The estimated take-home salary of a Assistant Manager Finance at Danfoss Industries in India typically ranges from ₹65,550 to ₹67,223 per month. This is based on the average salary range of ₹7.3 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 7 years 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 4 salaries received from various employees of Danfoss Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager Finance at Danfoss Industries ?

To be a Assistant Manager Finance at Danfoss Industries in india, the key skills required include:

- Ca
- ERP
- Procurement
- Finance
- Refrigeration

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

Which companies offer higher salaries than Danfoss Industries for Assistant Manager Finance in India?

Hilti	₹12.5 Lakhs to ₹27.0 Lakhs per year
ITC	₹9.0 Lakhs to ₹26.4 Lakhs per year
TechnipFMC	₹11.0 Lakhs to ₹13.0 Lakhs per year
Genpact	₹4.5 Lakhs to ₹13.3 Lakhs per year

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

What is the salary of a Assistant Manager Finance in companies similar to Danfoss Industries in India?

The salary of a Assistant Manager Finance at companies similar to Danfoss Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cummins

₹6.2 Lakhs to ₹8.9 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 Assistant Manager Finance at Danfoss Industries in India?

The salary growth for a Assistant Manager Finance at Danfoss Industries depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Finance can expect the following growth trajectory at Danfoss Industries:

Experience	Average Salary Range
7 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
8 years	₹7.7 Lakhs to ₹9.9 Lakhs per year
9 years	₹8.5 Lakhs to ₹10.8 Lakhs per year
10 years	₹9.2 Lakhs to ₹11.8 Lakhs per year

and so on.

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Danfoss Industries Assistant Manager Finance Salaries

Danfoss Industries Assistant Manager Finance salary in India ranges between ₹7.3 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Danfoss Industries latest salaries received from various employees of Danfoss Industries.