Efco Maschinenbau Finance & Accounting Salaries by 10+ Employees (Updated 2024)

Designation	Avg Annual Salary	Open Jobs
Assistant Manager Finance 10 - 15 years exp. (3 salaries)	₹5.5 L/yr - ₹5.7 L/yr
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Finance Manager 17 - 20 years exp. (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.9 L/yr
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Senior Accountant 8 - 9 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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Senior Manager Finance & Accounts 24 - 25 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Accountant 3 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
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Assistant Officer 13 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Deputy General Manager Accounts 25 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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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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Salary related reviews for Efco Maschinenbau

3.9

Rated by 2 employees for salary & benefits

Valve Technician in Mumbai (working remotely)

Contractual

Customer Success, Service & Operations Department

4.0

• posted on 04 Oct 2024

5.0

for Salary and Benefits

Likes

...an by advising zero goal working which I like very much as a responsible person. Efco Maschinebau is very responsible for the living, food and salary commission. Efco Maschinebau is very important for the living, food and salary.

Dislikes

Travel prose's is very poor

Senior Mechanical Technician in Annaram

Construction & Site Engineering Department

5.0

• posted on 09 Jun 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture.Company policies are good, appraisals are fair and they give good salary hike and bonus every year. The all types of makes manufactures different types of valves will be able to learn. The major determination about the company will provide good experience. all( every person) to build up innovate own (new company) by the using of Efco experience. Great experience Efco company to all. By the using of thease experience every person's should able to build innovate new companies.

Dislikes

Career growth is slow.

Valve Technician in Hyderabad / Secunderabad

Other Department

5.0

• posted on 13 Jun 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adapt latest technology. I love the fact that I'm a part of the team that market reliable and high quality products.Another plus point is that my colleagues come from various cultural backgrounds,and we work happily in collaboration. I also like the employee re-hire policy here.

Dislikes

Compensation is decent but growth is slow.The work pressure is very high sometimes. I've to work 14-18 hours in a day as I have to attend client calls in the evening and sometimes late into the night.Managers do not value an individuals unique strength.

Operations Engineer in Hyderabad / Secunderabad

Operations Department

5.0

• posted on 24 Dec 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.I love the fact that I am part of a team that markets reliable ,high and has a global clients. I had travelled Nigeria for 3 times on TWP visa permit.More over all over India I had to power plants , Refinery and gas plants( ongc and Reliance ,Adani and Tata) and other fertilizer plants.I also like the employee rehire policy.

Dislikes

Compensation is decent ,but growth is slow. The work is very high . Some times ,I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night.Team work used to be done , suggestions used to taken by Manager and sr.engineers.I do receive appreciation emails and phone calls from my clients, but they mostly go unnoticed during my mid year appraisals.Also there is a on job training for Freshers,hence seniors we have to guide them.

Senior Manufacturing Executive in Hyderabad / Secunderabad

Procurement & Supply Chain Department

5.0

• posted on 09 Jun 2020

5.0

for Salary and Benefits

Likes

All safety precautions has been taking by management towards all the employees, and conducting awareness, trainings on COVID. Efco management is very good and very cooperative, supportive in COVID lockdown. 100% salaries also given to all employees, We all always thank ful to our MDsir Mr.Vasant Roy. Who always thinks and takecare of all employees in factory.

Dislikes

No comments

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Efco Maschinenbau Salary FAQs

How much does Efco Maschinenbau pay per year?

The average Efco Maschinenbau salary ranges from approximately ₹3 Lakhs to ₹5.2 Lakhs per year for a Mechanical Engineer and ₹5.5 Lakhs to ₹6.8 Lakhs per year for a Assistant Manager - Business Development. Salary estimates are based on 12 Efco Maschinenbau salaries received from various employees of Efco Maschinenbau. Efco Maschinenbau employees rate the overall salary and benefits package 3.9/5 stars.

What is the highest salary in Efco Maschinenbau?

The highest-paying job at Efco Maschinenbau is a Assistant Manager - Business Development with a salary of ₹5.5 Lakhs to ₹6.8 Lakhs per year. The top 10% of employees earn more than ₹7.36 lakhs per year. The top 1% earn more than a whopping ₹20.01 lakhs per year.

What is the minimum salary in Efco Maschinenbau?

Minimum salary at Efco Maschinenbau depends on the role you are applying for. For Store Executive the minimum salary is ₹3.3 Lakhs to ₹4.2 Lakhs per year, and for Mechanical Engineer the minimum salary is ₹3 Lakhs to ₹5.2 Lakhs per year and so on.

What is the notice period at Efco Maschinenbau in Finance & Accounting Department?

According to AmbitionBox, 100% of the Efco Maschinenbau employees in Finance & Accounting Department reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Efco Maschinenbau Finance & Accounting Salaries by Location

Efco Maschinenbau Finance & Accounting Department salaries in Hyderabad / Secunderabad

Average annual salary in Finance & Accounting department at Efco Maschinenbau is INR . Salary estimates are based on 12 Efco Maschinenbau latest salaries received from various employees of Efco Maschinenbau.