Essar Power Mumbai CFO Salaries by 5 Employees

14 - 17 years exp.

₹45 Lakhs - ₹64 Lakhs

Salary of majority employees

19% less than the average CFO Salary in Power Companies for 14 - 17 years of experience

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Salaries in different departments

Finance & Accounting CFO Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹60.8 L/yr - ₹67.2 L/yr
Project & Program Management CFO Salary 15 years exp. (AmbitionBox Estimate)	₹57 L/yr - ₹63 L/yr
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Strategic & Top Management CFO Salary 14 years exp. (AmbitionBox Estimate)	₹40.5 L/yr - ₹49.5 L/yr

Last Updated: 30 May 2024

Companies similar to Essar Power for CFO in Mumbai

Essar Power CFO Salary

14 - 17 years exp. (5 salaries)

₹45 L/yr - ₹64 L/yr

Company name	Avg Annual Salary	Open Jobs
Stellar Value Chain Solutions CFO Salary 15 - 18 years exp. (8 salaries)	₹66 L/yr - ₹78 L/yr 31% more
Gerresheimer CFO Salary 16 - 18 years exp. (5 salaries)	₹78 L/yr - ₹1 Cr/yr 66% more
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NRC CFO Salary 27 - 35 years exp. (4 salaries)	₹32.4 L/yr - ₹41.4 L/yr 36% less
Central Depository Services (I) CFO Salary 26 - 31 years exp. (4 salaries)	₹1 Cr/yr - ₹2.1 Cr/yr 128% more
Air India Express CFO Salary 21 - 26 years exp. (4 salaries)	₹36 L/yr - ₹81 L/yr 15% more

CFO salary at Essar Power ranges between ₹45 Lakhs to ₹64 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of Essar Power.

Experience wise Essar Power CFO salaries in Mumbai

Last Updated: 30 May 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹41.4 L/yr - ₹52.9 L/yr
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15+ years (3 salaries)	₹60 L/yr - ₹64 L/yr

Similar Designation salaries in Essar Power

Deputy Manager Finance Accounts Salary

(5 salaries)

₹9.8 L/yr - ₹18 L/yr

Commercial Manager Salary

(3 salaries)

₹18 L/yr - ₹19 L/yr

Cheif Financial Officer Salary

(3 salaries)

₹102 L/yr - ₹180 L/yr

Salary related reviews for Essar Power

Maintenance Engineer in Singrauli

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 22 Sep 2024

1.0

for Salary and Benefits

Likes

There is nothing to like about.

Dislikes

1. Horrible management 2. Bellow par salary 3. Filthy minded people 4. No appraisal for continuous 3 year 5. Highly insensitive employees with too much of insecurity. 6. The list can go on ….

Salary - Bad

+6 more

Deputy Manager-Electrical in Singrauli

Full Time

Electrical Maintenance Department

4.0

• posted on 21 Sep 2021

2.0

for Salary and Benefits

Likes

Essar group culture is really a wonderful experince, Company policy is flexible for employees. Cafeteria is so wide and sport complex is there.

Skill development - Good

+3 more

Dislikes

Management doesn't address our issues salary hike is not better then other MNCs so career growth is slow.

Salary - Poor

+1 more

Manager in Surat

Full Time

Project & Program Management Department

4.0

• posted on 25 Sep 2017

4.0

for Salary and Benefits

Likes

In ESSAR, the one thing you will mostly like is friendly environment created from top to bottom peoples. You will get plenty of opportunity to learn many things. No One is restricted in one fields. Although appraisal and compensation is not at par excellent, but work life balance score overcompensate it.

Salary - Good

+6 more

Dislikes

One common dislike in every Company, that is salary compensation.

Manager in Mumbai

Production, Manufacturing & Engineering Department

5.0

• posted on 09 Apr 2021

4.0

for Salary and Benefits

Likes

Wonderful overall experience with the company. The exposure you get here is wide ranging. The company's culture and work environment is very healthy. The colleagues and seniors are always helpful. The HR team makes sure the employees are up to the best of their spirits due to various employee engaging activities.

Salary - Good

+6 more

Dislikes

Appraisal and variable part of the salary could be bettered.

Assistant Manager in Jamnagar

Research & Development Department

3.0

• posted on 17 Apr 2021

2.0

for Salary and Benefits

Likes

Same Position offered for GET and 3 Experience candidate with same salary. As there is not good compensation also. Alway ask for CTC break before offer acceptance. Variable amount is included in CTC. No hikes in salary and more deduction from Gross salary.

Job security - Good

Dislikes

Bad Variable policy, No extra benefits, no free transportation,

Salary - Poor

+4 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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Essar Power CFO Salary FAQs

What is the salary of CFO at Essar Power in Mumbai?

The average salary of a CFO at Essar Power in Mumbai typically ranges from ₹45.0 Lakhs to ₹64.0 Lakhs per year, depending on experience (from 14 years to 17 years).

The top 10% of CFO in Mumbai at Essar Power earn more than ₹64.0 Lakhs per year, and the top 1% earn over ₹64.0 Lakhs per year. CFO Salaries at Essar Power 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 5 Essar Power employees in India.

What is the estimated take home salary of a CFO at Essar Power in Mumbai?

The estimated take-home salary of a CFO at Essar Power in Mumbai typically ranges from ₹3,13,052 to ₹3,25,174 per month. This is based on the average salary range of ₹45.0 Lakhs to ₹64.0 Lakhs per year for employees with experience ranging from 14 years to 17 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 5 salaries received from various employees of Essar Power. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Essar Power for CFO in India?

Central Depository Services (I)	₹100.0 Lakhs to ₹208.8 Lakhs per year
Gerresheimer	₹78.0 Lakhs to ₹100.0 Lakhs per year
Stellar Value Chain Solutions	₹66.0 Lakhs to ₹78.0 Lakhs per year
Air India Express	₹36.0 Lakhs to ₹81.0 Lakhs per year

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

What is the salary of a CFO in companies similar to Essar Power in Mumbai?

The salary of a CFO at companies similar to Essar Power in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NRC	₹32.4 Lakhs to ₹41.4 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 CFO at Essar Power in Mumbai?

The salary growth for a CFO at Essar Power in Mumbai depends on factors such as experience, performance, and promotions. On average, a CFO in Mumbai can expect the following growth trajectory at Essar Power:

Experience	Average Salary Range
14 years	₹41.4 Lakhs to ₹52.9 Lakhs per year
15 years	₹60.0 Lakhs to ₹64.0 Lakhs per year

and so on.

Tell us how to improve this page.

Essar Power CFO salary in Mumbai ranges between ₹45 Lakhs to ₹64 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Essar Power latest salaries received from various employees of Essar Power.