HSBC Group Accounting Specialist Salaries by 4 Employees

0 - 8 years exp.

₹4 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

26% more than the average Accounting Specialist Salary in Financial Services Companies for 0 - 8 years of experience

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Last Updated: 23 May 2024

Companies similar to HSBC Group for Accounting Specialist

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Accounting Specialist Salary 1 - 10 years exp. (59 salaries)	₹3.2 L/yr - ₹8.1 L/yr 17% less	3 job openings
UBS Accounting Specialist Salary 0 - 6 years exp. (27 salaries)	₹3 L/yr - ₹5.8 L/yr 39% less
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Citicorp Accounting Specialist Salary 1 - 6 years exp. (11 salaries)	₹2 L/yr - ₹7.6 L/yr 42% less
Marsh McLennan Accounting Specialist Salary 3 - 11 years exp. (8 salaries)	₹4.2 L/yr - ₹11.6 L/yr 2% more
American Express Accounting Specialist Salary 2 - 10 years exp. (4 salaries)	₹5.1 L/yr - ₹7.9 L/yr 15% less
BNY Accounting Specialist Salary 5 - 10 years exp. (3 salaries)	₹19 L/yr - ₹23.6 L/yr 192% more
Wells Fargo Accounting Specialist Salary 1 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹6 L/yr 38% less

Accounting Specialist salary at HSBC Group ranges between ₹4 Lakhs to ₹16 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Accounting Specialist salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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8 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr

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Top skills at HSBC Group for Accounting Specialist

Variance Analysis Financial Statements MS Office Accounting Financial Services Reconciliation IFRS External Audit

Salary related reviews for HSBC Group

Senior Associate in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

5.0

• posted on 20 Oct 2023

3.0

for Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

Skill development - Good

+5 more

Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

Analyst in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

2.0

• posted on 22 May 2023

4.0

for Salary and Benefits

Likes

...licies in place in theory. In practice it all depends on your team and managers. In my experience I haven’t seen many positives apart from pay , but if your team is okay, it might work out very well

Salary - Good

+1 more

Dislikes

Again it’s all contingent on the team. The company has excellent policies in place and if allowed to work will create a great work environment

Job security - Poor

+3 more

Senior Analyst in Kolkata

Full Time

Risk Management & Compliance Department

4.0

• posted on 22 Apr 2022

2.0

for Salary and Benefits

Likes

I like the culture of the company, the way company supports women empowerment.

Job security - Excellent

+1 more

Dislikes

...ncy. Sone manages make it hard for the analysts to maintain work life balance. Salary growth is very slow.

Salary - Poor

+2 more

Analyst in Kolkata

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Feb 2023

2.0

for Salary and Benefits

Likes

Work life balance is decent, job security is high in HSBC India.. Decei learning opportunities..

Skill development - Good

+3 more

Dislikes

Compensation is not competitive at all compared to its market competitors.. Promotions and hikes are poor and managers play favourites..

Salary - Poor

+1 more

Analyst in Kolkata

Data Science & Analytics Department

4.0

• posted on 16 Sep 2022

3.0

for Salary and Benefits

Likes

Good work culture. People are really helpful.

Job security - Good

+3 more

Dislikes

Annual hike is not even cover the inflation rate. It is more like your salary will reduce value due to inflation rate and hike will be so less. Bonus amount is very less. Even if you get promotion in my department they are giving only 5%🤣 although it is not same for all the department there are departments where people are getting 15-20% hike😊

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What people are saying about HSBC Group

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an associate analyst

I got Selected for financial crime investigator in HSBC for Hydrabad location at 8LPA. For this I have to relocate from Kolkata. In my current company I got promoted and getting 5.5 LPA in Kolkata. My current company is very new and small company. I have an overall 1.5 years of experience.

Should I relocate to Hyderabad for HSBC?

Yes

5 participants . expiring in 2w

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HSBC Group Accounting Specialist Salary FAQs

What is the salary of Accounting Specialist at HSBC Group ?

The average salary of a Accounting Specialist at HSBC Group in India typically ranges from ₹4.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Accounting Specialist at HSBC Group earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Accounting Specialist Salaries at HSBC Group 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 4 HSBC Group employees in India.

What is the estimated take home salary of a Accounting Specialist at HSBC Group in India?

The estimated take-home salary of a Accounting Specialist at HSBC Group in India typically ranges from ₹56,059 to ₹57,465 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 4 salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Accounting Specialist at HSBC Group ?

To be a Accounting Specialist at HSBC Group in india, the key skills required include:

- Variance Analysis
- Financial Statements
- MS Office
- Accounting
- Financial Services

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

Which companies offer higher salaries than HSBC Group for Accounting Specialist in India?

BNY	₹19.0 Lakhs to ₹23.6 Lakhs per year
Marsh McLennan	₹4.2 Lakhs to ₹11.6 Lakhs per year

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

What is the salary of a Accounting Specialist in companies similar to HSBC Group in India?

The salary of a Accounting Specialist at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

American Express	₹5.1 Lakhs to ₹7.9 Lakhs per year
JPMorgan Chase & Co.	₹3.2 Lakhs to ₹8.1 Lakhs per year
Wells Fargo	₹2.5 Lakhs to ₹6.0 Lakhs per year
UBS	₹3.0 Lakhs to ₹5.8 Lakhs per year
Citicorp	₹2.0 Lakhs to ₹7.6 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 Accounting Specialist at HSBC Group in India?

The salary growth for a Accounting Specialist at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Accounting Specialist can expect the following growth trajectory at HSBC Group:

Experience	Average Salary Range
Fresher	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
8 years	₹14.4 Lakhs to ₹18.4 Lakhs per year

and so on.

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HSBC Group Accounting Specialist Salaries

HSBC Group Accounting Specialist salary in India ranges between ₹4 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Group latest salaries received from various employees of HSBC Group.