Danfoss Industries Finance Manager Salaries by 8 Employees (Updated 2024)

8 - 20 years exp.

₹16 Lakhs - ₹25.3 Lakhs

Low Confidence

Salary of majority employees

26% more than the average Finance Manager Salary in Industrial Machinery Companies for 8 - 20 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Danfoss Industries for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Siemens Finance Manager Salary 4 - 15 years exp. (25 salaries)	₹10.2 L/yr - ₹25 L/yr 25% less
ABB Group Finance Manager Salary 5 - 22 years exp. (17 salaries)	₹9.8 L/yr - ₹40 L/yr 14% more
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Schneider Electric Finance Manager Salary 5 - 11 years exp. (19 salaries)	₹6.5 L/yr - ₹21 L/yr 37% less
Emerson Electric Co. Finance Manager Salary 12 - 14 years exp. (3 salaries)	₹25 L/yr - ₹93 L/yr 161% more
Honeywell Automation Finance Manager Salary 7 - 18 years exp. (19 salaries)	₹18.5 L/yr - ₹52.3 L/yr 113% more
Johnson Controls Finance Manager Salary 9 - 15 years exp. (27 salaries)	₹10.3 L/yr - ₹21.5 L/yr 27% less
Eaton Corporation Finance Manager Salary 15 - 22 years exp. (8 salaries)	₹18.7 L/yr - ₹63.2 L/yr 111% more
KONE Finance Manager Salary 13 - 22 years exp. (13 salaries)	₹15.1 L/yr - ₹24 L/yr 10% less
Cummins Finance Manager Salary 4 - 13 years exp. (13 salaries)	₹4.2 L/yr - ₹12.7 L/yr 58% less
Otis Elevator Finance Manager Salary 10 - 21 years exp. (13 salaries)	₹12 L/yr - ₹28 L/yr 13% more
John Deere Finance Manager Salary 9 - 15 years exp. (11 salaries)	₹13.2 L/yr - ₹23 L/yr 19% less
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EMERSON PROCESS MANAGEMENT Finance Manager Salary 7 - 22 years exp. (9 salaries)	₹18 L/yr - ₹30 L/yr 14% more
Kennametal Finance Manager Salary 7 - 20 years exp. (6 salaries)	₹10.8 L/yr - ₹24 L/yr 29% less
Atlas Copco Finance Manager Salary 5 - 9 years exp. (4 salaries)	₹12.3 L/yr - ₹21 L/yr 20% less
GKN Finance Manager Salary 12 years exp. (4 salaries)	₹20.8 L/yr - ₹24.8 L/yr 2% more
TechnipFMC Finance Manager Salary 9 - 11 years exp. (3 salaries)	₹17.5 L/yr - ₹22 L/yr 9% less

Finance Manager salary at Danfoss Industries ranges between ₹16 Lakhs to ₹25.3 Lakhs per year for employees with experience between 8 years to 20 years. Salary estimates are based on 8 latest salaries received from various employees of Danfoss Industries.

Experience wise Danfoss Industries Finance Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹23 L/yr
9 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.5 L/yr
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10 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.5 L/yr
11 years (AmbitionBox Estimate)	₹19 L/yr - ₹38.4 L/yr
12 years (AmbitionBox Estimate)	₹16 L/yr - ₹38.5 L/yr
13 years (AmbitionBox Estimate)	₹19.3 L/yr - ₹24.6 L/yr
14 years (AmbitionBox Estimate)	₹19.3 L/yr - ₹24.7 L/yr
15+ years (5 salaries)	₹20.6 L/yr - ₹25.3 L/yr

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Similar Designation salaries in Danfoss Industries

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Area Sales Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Finance Executive Salary

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₹2.2 L/yr - ₹4.2 L/yr

Financial Controller Salary

(8 salaries)

₹10 L/yr - ₹21.3 L/yr

Team Lead Salary

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₹4.95 L/yr - ₹12.13 L/yr

Accountant Salary

(3 salaries)

₹3.4 L/yr - ₹4.5 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Top skills at Danfoss Industries for Finance Manager

IFRS Refrigeration Renewable Energy Auditing Oracle Ca Finance Costing Automation Automotive Stakeholder Management Internal Audit Operations Accounting Standards Social Networking

Salary related reviews for Danfoss Industries

3.0

Rated by 1 employees for salary & benefits

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,

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

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.

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.

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

Dislikes

They're are not providing salary based ok our work

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

Embedded Engineer in Oragadam

Research & Development Department

4.0

• posted on 24 Jun 2022

1.0

for Salary and Benefits

Likes

Great work life balance, Very good R&D center in India, Very less to none corporate politics( again it depends on your team but probability is on the lower side), Lots of learning and growth opportunity in your respective industry.

Dislikes

Low salary for juniors (probably the story of every product based company), Salary hike is moderate(not really a drawback but if you work your a$s off the entire year and expect 50% increment then you will be disappointed), office in Chennai(Oragadam) is very far from better areas of the city- 30+ km far- The office location is a total really really bad and depressing. You will probably get a lot of redundant/routine work as India is only for support of actual product development team which is in Denmark, if you are lucky you will get interesting work.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Danfoss Industries Finance Manager Salary FAQs

What is the salary of Finance Manager at Danfoss Industries?

Finance Manager salary at Danfoss Industries in India ranges between ₹16.0 Lakhs to ₹25.3 Lakhs for experience between 8 years to 20 years. According to our estimates it is 26% more than the average Finance Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Danfoss Industries India.

How does the salary of a Finance Manager at Danfoss Industries India compare with the average salary range for this job?

The average salary of a Finance Manager at Danfoss Industries is 26% more than the average salary of a Finance Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Finance Manager at Danfoss Industries?

IFRS, Refrigeration, Renewable Energy, Auditing and Oracle are some of the popular skills required to work as a Finance Manager at Danfoss Industries India.

Which similar companies are paying more than Danfoss Industries to a Finance Manager in India?

Emerson Electric Co. Finance Manager Salary - ₹25.0 Lakhs to ₹93.0 Lakhs per year
Honeywell Automation Finance Manager Salary - ₹18.5 Lakhs to ₹52.3 Lakhs per year
Eaton Corporation Finance Manager Salary - ₹18.7 Lakhs to ₹63.2 Lakhs per year
EMERSON PROCESS MANAGEMENT Finance Manager Salary - ₹18.0 Lakhs to ₹30.0 Lakhs per year
ABB Group Finance Manager Salary - ₹9.8 Lakhs to ₹40.0 Lakhs per year

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

Otis Elevator Finance Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
GKN Finance Manager Salary - ₹20.8 Lakhs to ₹24.8 Lakhs per year
TechnipFMC Finance Manager Salary - ₹17.5 Lakhs to ₹22.0 Lakhs per year
KONE Finance Manager Salary - ₹15.1 Lakhs to ₹24.0 Lakhs per year
John Deere Finance Manager Salary - ₹13.2 Lakhs to ₹23.0 Lakhs per year

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

The estimated take-home salary of a Finance Manager at Danfoss Industries ranges between ₹1,39,405 per month to ₹1,44,571 per month in India. The take-home salary calculation is based on the average Danfoss Industries Finance Manager salary in India which ranges between ₹16.0 Lakhs to ₹25.3 Lakhs per year for employees with experience between 8 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Finance Manager at Danfoss Industries?

According to AmbitionBox, 100% of the Danfoss Industries Finance Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Danfoss Industries Finance Manager Salaries

Danfoss Industries Finance Manager salary in India ranges between ₹16 Lakhs to ₹25.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Danfoss Industries latest salaries received from various employees of Danfoss Industries.