Danfoss Industries Finance Manager Salaries by 8 Employees

8 - 20 years exp.

₹16 Lakhs - ₹25.3 Lakhs

Low Confidence

Salary of majority employees

25% 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
ABB Finance Manager Salary 5 - 21 years exp. (14 salaries)	₹13.5 L/yr - ₹33.7 L/yr 4% less
Hilti Finance Manager Salary 4 - 17 years exp. (13 salaries)	₹17 L/yr - ₹31 L/yr 10% more
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Cummins Finance Manager Salary 4 - 13 years exp. (13 salaries)	₹4.2 L/yr - ₹12.7 L/yr 58% less
John Deere Finance Manager Salary 9 - 15 years exp. (10 salaries)	₹13.2 L/yr - ₹18.7 L/yr 20% less
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
Fuji Electric Finance Manager Salary 10 - 21 years exp. (5 salaries)	₹10 L/yr - ₹11 L/yr 50% less
GE Transportation Finance Manager Salary 5 - 11 years exp. (5 salaries)	₹20.8 L/yr - ₹25 L/yr 9% more
Atlas Copco Finance Manager Salary 5 - 9 years exp. (4 salaries)	₹12.3 L/yr - ₹21 L/yr 20% less
Buhler Finance Manager Salary 14 - 27 years exp. (3 salaries)	₹17 L/yr - ₹40 L/yr 51% more
Trane Technologies Finance Manager Salary 10 - 21 years exp. (3 salaries)	₹21.3 L/yr - ₹35 L/yr 40% more
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TÜV SÜD Finance Manager Salary 10 - 16 years exp. (3 salaries)	₹8.3 L/yr - ₹13.5 L/yr 48% less
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

View all

Similar Designation salaries in Danfoss Industries

Sales Manager Salary

(10 salaries)

₹15 L/yr - ₹30 L/yr

Credit Manager Salary

(3 salaries)

₹17 L/yr - ₹32 L/yr

Deputy Manager Salary

(39 salaries)

₹6 L/yr - ₹17.6 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Finance Executive Salary

(4 salaries)

₹2.2 L/yr - ₹3.3 L/yr

Financial Controller Salary

(8 salaries)

₹10 L/yr - ₹21.3 L/yr

Team Lead Salary

(22 salaries)

₹1.5 L/yr - ₹10.84 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

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.

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.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Danfoss Industries Finance Manager Salary FAQs

What is the salary of Finance Manager at Danfoss Industries ?

The average salary of a Finance Manager at Danfoss Industries in India typically ranges from ₹16.0 Lakhs to ₹25.3 Lakhs per year, depending on experience (from 8 years to 20 years).

The top 10% of Finance Manager at Danfoss Industries earn more than ₹25.3 Lakhs per year, and the top 1% earn over ₹25.3 Lakhs per year. Finance Manager 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 8 Danfoss Industries employees in India.

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 in India typically ranges from ₹1,39,405 to ₹1,44,571 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹25.3 Lakhs per year for employees with experience ranging from 8 years to 20 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 8 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 Finance Manager at Danfoss Industries ?

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

- IFRS
- Refrigeration
- Renewable Energy
- Auditing
- Oracle

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 Finance Manager in India?

Buhler	₹17.0 Lakhs to ₹40.0 Lakhs per year
Trane Technologies	₹21.3 Lakhs to ₹35.0 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹18.0 Lakhs to ₹30.0 Lakhs per year
Hilti	₹17.0 Lakhs to ₹31.0 Lakhs per year
GE Transportation	₹20.8 Lakhs to ₹25.0 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 Finance Manager in companies similar to Danfoss Industries in India?

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

ABB	₹13.5 Lakhs to ₹33.7 Lakhs per year
TechnipFMC	₹17.5 Lakhs to ₹22.0 Lakhs per year
Atlas Copco	₹12.3 Lakhs to ₹21.0 Lakhs per year
John Deere	₹13.2 Lakhs to ₹18.7 Lakhs per year
Kennametal	₹10.8 Lakhs to ₹24.0 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 Finance Manager at Danfoss Industries in India?

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

Experience	Average Salary Range
8 years	₹8.5 Lakhs to ₹23.0 Lakhs per year
9 years	₹19.2 Lakhs to ₹24.5 Lakhs per year
10 years	₹19.2 Lakhs to ₹24.5 Lakhs per year
11 years	₹19.0 Lakhs to ₹38.4 Lakhs per year

and so on.

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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.

Danfoss Industries Finance Manager salaries in India

Companies similar to Danfoss Industries for Finance Manager

Latest annual salaries shared by Danfoss Industries Finance Manager

Experience wise Danfoss Industries Finance Manager salaries

Similar Designation salaries in Danfoss Industries

Top skills at Danfoss Industries for Finance Manager

Salary related reviews for Danfoss Industries

Production Team Leader in Chennai

Financial Accountant in Chennai

Engineer in Pune

Buyer in Chennai

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

Danfoss Industries Finance Manager Salary FAQs

Tell us how to improve this page.