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Indian Oil Corporation Accounts & Finance Manager salaries in India

Annual salary range
0 - 16 years exp.
₹23.2 Lakhs - ₹40 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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135% more than the average Accounts & Finance Manager Salary in Oil & Gas Companies for 0 - 16 years of experience

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Last Updated: 11 Jan 2024

Companies similar to Indian Oil Corporation for Accounts & Finance Manager

Company name Avg Annual Salary Open Jobs
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₹7.1 L/yr - ₹18.5 L/yr

arrow icon 54% less
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Shell Accounts & Finance Manager Salary

9 - 16 years exp. (5 salaries)

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₹16.8 L/yr - ₹36 L/yr

arrow icon 21% less
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₹28.1 L/yr - ₹55 L/yr

arrow icon 17% more
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Petronas Accounts & Finance Manager Salary

12 - 13 years exp. (4 salaries)

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₹21.1 L/yr - ₹22 L/yr

arrow icon 30% less
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Genpact Accounts & Finance Manager Salary

10 - 15 years exp. (82 salaries)

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₹5.8 L/yr - ₹18 L/yr

arrow icon 59% less
Accounts & Finance Manager salary at Indian Oil Corporation ranges between ₹23.2 Lakhs to ₹40 Lakhs per year for employees with less than 1 year of experience to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Accounts & Finance Manager

11mo ago
₹40 Lakhs
16 years exp.
1y ago
₹40 Lakhs
13 years exp.
1y ago
₹20 Lakhs
10 years exp.
1y ago
₹23 Lakhs
14 years exp.
1y ago
₹2.7 Lakhs
3 years exp.

Experience wise Indian Oil Corporation Accounts & Finance Manager salaries

Last Updated: 11 Jan 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹20.9 L/yr - ₹26.7 L/yr
11 years (AmbitionBox Estimate)

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₹23.1 L/yr - ₹29.5 L/yr
12 years (AmbitionBox Estimate)

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₹25.3 L/yr - ₹32.3 L/yr
13 years (AmbitionBox Estimate)

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₹27.5 L/yr - ₹35.2 L/yr
14 years (AmbitionBox Estimate)

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₹29.8 L/yr - ₹38 L/yr
View all

Similar Designation salaries in Indian Oil Corporation

Accountant Salary
(94 salaries)
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₹1 L/yr - ₹4.8 L/yr
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₹6.48 L/yr - ₹21 L/yr
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₹1 L/yr - ₹6 L/yr
Cost Trainee Salary
(36 salaries)
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₹2 L/yr - ₹3 L/yr
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₹10 L/yr - ₹25 L/yr
Finance Manager Salary
(33 salaries)
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₹18 L/yr - ₹38 L/yr
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₹1.15 L/yr - ₹4.5 L/yr
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₹23 L/yr - ₹45 L/yr
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₹17 L/yr - ₹30 L/yr
Finance Trainee Salary
(17 salaries)
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₹1.4 L/yr - ₹4 L/yr

Salary related reviews for Indian Oil Corporation

Finance & Accounting Department

5.0
  •  posted on 14 Mar 2019

4.0
 for  Salary and Benefits

Likes

...form where one can grow his knowledge. As per my view, if anybody wants to join. In IOCL as OFFICER than he will be a great person as their facilities and salary package are so far better than others.

read more
  • Salary - Good
  • +5 more

Dislikes

It's canteen's food is no so good. And company quarter problem is always going on.

Human Resources Department

4.0
  •  posted on 27 Oct 2018

2.0
 for  Salary and Benefits

Likes

As a R/o sales worker and manager I got a lot about innovation sales and marketing idias about to develop business . But there is no job security, no carrier and very low salary and not any respect by any one as a salesman.

read more
  • Skill development - Good
  • +1 more

Dislikes

... they work hard day nd night and the major part of benifit owner is the company. Even govt swallow a large amount earned by the business but does not pay any single rupee on the salesman everyone is dishonest towards them and fully exploiter to the poor pump attendants. Everyone need to pay attention towards them.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 20 Aug 2024

4.0
 for  Salary and Benefits

Likes

Good salary for freshers Great allowances for furniture, mobile and laptops Superb Medical benefits Job security is best in the industry Diverse working exposure in refineries Townships for employees

read more
  • Salary - Good
  • +1 more

Dislikes

Remote/ Hardship working locations for refineries Poor work life balance for refineries Hard collar job Career growth is subject to satisfaction of bosses Heavy work loads in few large refineries

read more
  • Work-life balance - Poor

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 10 Sep 2023

4.0
 for  Salary and Benefits

Likes

...ork culture is not much stressed and employees can have a very comfortable life. The pay offered here is good and decent.

read more
  • Salary - Good
  • +2 more

Dislikes

The pay discrimination. Since its a PSU, one of the biggest disadvantages is that you are not paid according to your Qualification and contribution rather it is much based on how long have you been in the company. The organization has been filled with enough examples where an IITian, CAs, MBA professionals who are much important to organization because of their skills are being paid less than an old age employees who might be just doing basic work like passing of medical invoices, being PAs to senior management, employee reimbursement review etc. They work does not contribute either to the growth or profitability of the organization however there CTC 3-4 times higher than that of Qualified personnel working in the same company. Further, very limited personnel from the top management are actually concerned about the health of the organization but mostly are just there to complete their tenure which makes the organization extremely slow and difficult for young professionals to work with full efficiency.

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 25 Jul 2023

5.0
 for  Salary and Benefits

Likes

...osphere may be different. But overall its a very good organisation to work with.job security, salary and benefits.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Transfer policy is an issue. But it can be worked around if you take 2 to 3 transfer in 30 years.

see more salary related reviews

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Indian Oil Corporation Accounts & Finance Manager Salary FAQs

What is the salary of Accounts & Finance Manager at Indian Oil Corporation ?
The average salary of a Accounts & Finance Manager at Indian Oil Corporation in India typically ranges from ₹23.2 Lakhs to ₹40.0 Lakhs per year, depending on experience (from Fresher to 16 years).

The top 10% of Accounts & Finance Manager at Indian Oil Corporation earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Accounts & Finance Manager Salaries at Indian Oil Corporation 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 7 Indian Oil Corporation employees in India.
What is the estimated take home salary of a Accounts & Finance Manager at Indian Oil Corporation in India?
The estimated take-home salary of a Accounts & Finance Manager at Indian Oil Corporation in India typically ranges from ₹1,88,205 to ₹1,95,578 per month. This is based on the average salary range of ₹23.2 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from Fresher 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 7 salaries received from various employees of Indian Oil Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Indian Oil Corporation for Accounts & Finance Manager in India?
Oil And Natural Gas Corporation ₹28.1 Lakhs to ₹55.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Indian Oil Corporation, depending on the role and experience level.
What is the salary of a Accounts & Finance Manager in companies similar to Indian Oil Corporation in India?
The salary of a Accounts & Finance Manager at companies similar to Indian Oil Corporation in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shell ₹16.8 Lakhs to ₹36.0 Lakhs per year
Petronas ₹21.1 Lakhs to ₹22.0 Lakhs per year
Reliance Industries ₹7.1 Lakhs to ₹18.5 Lakhs per year
Genpact ₹5.8 Lakhs to ₹18.0 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 Accounts & Finance Manager at Indian Oil Corporation in India?
The salary growth for a Accounts & Finance Manager at Indian Oil Corporation depends on factors such as experience, performance, and promotions. On average, a Accounts & Finance Manager can expect the following growth trajectory at Indian Oil Corporation:

Experience Average Salary Range
10 years ₹20.9 Lakhs to ₹26.7 Lakhs per year
11 years ₹23.1 Lakhs to ₹29.5 Lakhs per year
12 years ₹25.3 Lakhs to ₹32.3 Lakhs per year
13 years ₹27.5 Lakhs to ₹35.2 Lakhs per year
and so on.

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Indian Oil Corporation Accounts & Finance Manager salary in India ranges between ₹23.2 Lakhs to ₹40 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.