Glenmark Pharmaceuticals Assistant Manager Finance Salaries by 9 Employees (Updated 2025)

1 - 16 years exp.

₹12 Lakhs - ₹19 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

56% more than the average Assistant Manager Finance Salary in Pharma Companies for 1 - 16 years of experience

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Last Updated: 14 Feb 2025

Companies similar to Glenmark Pharmaceuticals for Assistant Manager Finance

Company name	Avg Annual Salary	Open Jobs
Torrent Pharmaceuticals Assistant Manager Finance Salary 2 - 12 years exp. (11 salaries)	₹6 L/yr - ₹11 L/yr 48% less
Dr. Reddy's Assistant Manager Finance Salary 2 - 7 years exp. (8 salaries)	₹7.7 L/yr - ₹11.5 L/yr 39% less
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Cipla Assistant Manager Finance Salary 6 - 14 years exp. (8 salaries)	₹4.2 L/yr - ₹6.8 L/yr 65% less
Viatris Assistant Manager Finance Salary 2 - 30 years exp. (7 salaries)	₹8.7 L/yr - ₹12.8 L/yr 33% less
Akums Drugs & Pharmaceuticals Limited Assistant Manager Finance Salary 0 - 6 years exp. (6 salaries)	₹9 L/yr - ₹9.5 L/yr 41% less
Abbott Assistant Manager Finance Salary 5 - 22 years exp. (6 salaries)	₹8.2 L/yr - ₹12.8 L/yr 37% less
Alembic Pharmaceuticals Assistant Manager Finance Salary 2 - 10 years exp. (5 salaries)	₹12 L/yr - ₹19 L/yr 1% more
GlaxoSmithKline Pharmaceuticals Assistant Manager Finance Salary 2 - 13 years exp. (5 salaries)	₹8.1 L/yr - ₹17.6 L/yr 22% less
Intas Pharmaceuticals Assistant Manager Finance Salary 6 - 10 years exp. (5 salaries)	₹8.1 L/yr - ₹9.3 L/yr 46% less
Wockhardt Assistant Manager Finance Salary 12 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹12 L/yr 40% less
Cipla Health Assistant Manager Finance Salary 0 - 11 years exp. (4 salaries)	₹9.4 L/yr - ₹13.8 L/yr 32% less
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Aurobindo Pharma Assistant Manager Finance Salary 3 - 13 years exp. (4 salaries)	₹7 L/yr - ₹9 L/yr 51% less
Zydus Lifesciences Assistant Manager Finance Salary 3 - 12 years exp. (3 salaries)	₹6.1 L/yr - ₹7.3 L/yr 57% less
AstraZeneca Assistant Manager Finance Salary 5 - 10 years exp. (3 salaries)	₹13.5 L/yr - ₹19.2 L/yr 9% more
Alkem Laboratories Assistant Manager Finance Salary 12 - 15 years exp. (3 salaries)	₹11.2 L/yr - ₹12.5 L/yr 26% less

Assistant Manager Finance salary at Glenmark Pharmaceuticals ranges between ₹12 Lakhs to ₹19 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 9 latest salaries received from various employees of Glenmark Pharmaceuticals.

Experience wise Glenmark Pharmaceuticals Assistant Manager Finance salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
2 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
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3 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
4 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr
5 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
6 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18 L/yr
7 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
8 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.2 L/yr
9 years (3 salaries)	₹14.8 L/yr - ₹19 L/yr
10 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
11 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.6 L/yr
12 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.7 L/yr
13 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.8 L/yr
14 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹19 L/yr
15+ years (AmbitionBox Estimate)	₹15 L/yr - ₹19.1 L/yr

View all

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Top skills at Glenmark Pharmaceuticals for Assistant Manager Finance

Variance Analysis Procurement Product Costing Financial Control Pricing

Salary related reviews for Glenmark Pharmaceuticals

4.8

Rated by 3 employees for salary & benefits

Executive in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 09 Nov 2024

4.0

for Salary and Benefits

Likes

The company culture is good facility is good, time of working is good, salary and benifits are good..

Salary - Good

+1 more

Dislikes

SAP, Finance, Master Team, & distribution teams has lots of unidentified process. Which takes lots of time and no helpful team to support.

Senior Officer in Goa

Full Time

Quality Assurance Department

3.0

• posted on 24 Oct 2024

4.0

for Salary and Benefits

Likes

Its a reputed company.

Salary - Good

+2 more

Dislikes

...a they just think the new guy should know everything. Lastly the canteen is pvt. you have to pay minimum 50 still you don't get quality food.

Work satisfaction - Poor

+2 more

Executive Engineer in Nashik

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 28 Sep 2023

2.0

for Salary and Benefits

Likes

The only positive thing is that the company is in the city.

Job security - Good

Dislikes

...pur plant is far backward. Here huge difference is observed in HR policies also. Earlier the overtime compensation was Rs. 25 per hour and management was exploiting the manpower and as soon as the overtime charges are raised to Rs. 150 per hour, either the employee has to exit punch 5-10 min before 2 hours so the OT will not be applicable or the manager will not approve the OT.

Salary - Poor

+4 more

Field Sales Officer in Kozhikode

Full Time

Research & Development Department

5.0

• posted on 10 Dec 2024

2.0

for Salary and Benefits

Likes

Culture is good

Skill development - Excellent

+5 more

Dislikes

There is no distinction in compensation for senior employees. A person with only one year of experience joining Glenmark receives the same package as someone who has been with the company for 10 years.

Salary - Poor

InProcess Quality Assurance Officer in Nashik

Full Time

Quality Assurance Department

3.0

• posted on 25 Jun 2024

1.0

for Salary and Benefits

Likes

In Glenmark Nashik plant. You can experience working in most of dosage form which will help to get knowledge expansion. There is no restriction in learning in new department other than assign dept.

Job security - Good

Dislikes

...need to wait for that. From company very less facility were provide to employee. In name of Cost cutting so much discomfort was faced by employee.

Salary - Bad

+3 more

see more salary related reviews

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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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Glenmark Pharmaceuticals Assistant Manager Finance Salary FAQs

What is the salary of Assistant Manager Finance at Glenmark Pharmaceuticals ?

The average salary of a Assistant Manager Finance at Glenmark Pharmaceuticals in India typically ranges from ₹12.0 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 1 year to 16 years).

The top 10% of Assistant Manager Finance at Glenmark Pharmaceuticals earn more than ₹18.4 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Assistant Manager Finance Salaries at Glenmark Pharmaceuticals 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 9 Glenmark Pharmaceuticals employees in India.

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

The estimated take-home salary of a Assistant Manager Finance at Glenmark Pharmaceuticals in India typically ranges from ₹1,08,804 to ₹1,11,810 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 1 year to 16 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 9 salaries received from various employees of Glenmark Pharmaceuticals. 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 Glenmark Pharmaceuticals ?

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

- Variance Analysis
- Procurement
- Product Costing
- Financial Control
- Pricing

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

Which companies offer higher salaries than Glenmark Pharmaceuticals for Assistant Manager Finance in India?

AstraZeneca	₹13.5 Lakhs to ₹19.2 Lakhs per year
Alembic Pharmaceuticals	₹12.0 Lakhs to ₹19.0 Lakhs per year

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

What is the salary of a Assistant Manager Finance in companies similar to Glenmark Pharmaceuticals in India?

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

GlaxoSmithKline Pharmaceuticals	₹8.1 Lakhs to ₹17.6 Lakhs per year
Alkem Laboratories	₹11.2 Lakhs to ₹12.5 Lakhs per year
Cipla Health	₹9.4 Lakhs to ₹13.8 Lakhs per year
Viatris	₹8.7 Lakhs to ₹12.8 Lakhs per year
Abbott	₹8.2 Lakhs to ₹12.8 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 Glenmark Pharmaceuticals in India?

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

Experience	Average Salary Range
1 year	₹13.6 Lakhs to ₹17.4 Lakhs per year
2 years	₹13.7 Lakhs to ₹17.5 Lakhs per year
3 years	₹13.8 Lakhs to ₹17.6 Lakhs per year
4 years	₹13.9 Lakhs to ₹17.7 Lakhs per year

and so on.

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Glenmark Pharmaceuticals Assistant Manager Finance Salaries

Glenmark Pharmaceuticals Assistant Manager Finance salary in India ranges between ₹12 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Glenmark Pharmaceuticals latest salaries received from various employees of Glenmark Pharmaceuticals.