ITC Accounts Payable Associate Salaries by 20+ Employees (Updated 2024)

1 - 6 years exp.

₹2.1 Lakhs - ₹4.2 Lakhs

Salary of majority employees

24% less than the average Accounts Payable Associate Salary in FMCG Companies for 1 - 6 years of experience

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Last Updated: 16 Dec 2024

Companies similar to ITC for Accounts Payable Associate

Company name	Avg Annual Salary	Open Jobs
Nestle Accounts Payable Associate Salary 6 - 10 years exp. (5 salaries)	₹5 L/yr - ₹7.7 L/yr 166% more
Tata Consumer Products Accounts Payable Associate Salary 0 - 6 years exp. (5 salaries)	₹3 L/yr - ₹4.3 L/yr 36% more
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Accenture Accounts Payable Associate Salary 0 - 5 years exp. (574 salaries)	₹1.5 L/yr - ₹7 L/yr 32% more
Genpact Accounts Payable Associate Salary 1 - 5 years exp. (311 salaries)	₹1.4 L/yr - ₹6.3 L/yr 36% more	11 job openings
TCS Accounts Payable Associate Salary 1 - 8 years exp. (229 salaries)	₹1.5 L/yr - ₹4.5 L/yr 17% more

Accounts Payable Associate salary at ITC ranges between ₹2.1 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 22 latest salaries received from various employees of ITC.

Experience wise ITC Accounts Payable Associate salaries

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr
2 years (4 salaries)	₹2.2 L/yr - ₹3 L/yr
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3 years (8 salaries)	₹2 L/yr - ₹3.8 L/yr
4 years (3 salaries)	₹2.4 L/yr - ₹4.8 L/yr
5 years (4 salaries)	₹2.4 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr

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Salary related reviews for ITC

2.8

Rated by 2 employees for salary & benefits

Finance Executive in Kolkata

Full Time

Finance & Accounting Department

3.0

• posted on 15 Jun 2023

3.0

for Salary and Benefits

Likes

... about what type of environment you will get and what type of boss you will get. Job security and on time salary is best

Dislikes

Slow promotion and growth. Toxic work culture for finance. In marketing you may find peace but in finance lots of politics all around. Desk job is pathetic because of internal drama. But these varies from location to location. South belt is better

Accounts Officer in Bhadrachalam

Full Time

Finance & Accounting Department

5.0

• posted on 21 Apr 2023

1.0

for Salary and Benefits

Likes

We used to see knowledge and committed people around you...nice working environment and experience. I love to work in this organization...Even today

Dislikes

...horrible ( when i am joined ) even lorry driver would earn better pay then me...out of 30 days my salary day is painful day in every month..

Finance Executive in Guntur

Finance & Accounting Department

3.0

• posted on 14 Jan 2022

1.0

for Salary and Benefits

Likes

... work culture is poor. Preference for only CA's. Experience is not considered. Salary hikes are very low.

Dislikes

Pay revision is very poor. Hikes are only for CA's. Here ruling is British Culture. Overall please don't choose ITC for who wants career growth.

Accountant in Jharkhand

Finance & Accounting Department

5.0

• posted on 01 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

No dislike

Finance Executive in Gurgaon / Gurugram

Finance & Accounting Department

4.0

• posted on 02 Feb 2018

5.0

for Salary and Benefits

Likes

ITC Limited is one of the top companies in India. It was a great experience to work with ITC Limited as I learnt a lot about accounts payable terms on SAP. Atmosphere of workplace was awesome, boss & colleague were very supporting.

Dislikes

Compensation was good but the growth was very slow. Most of the days I had to sit till late night and month end pressure was very high

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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ITC Accounts Payable Associate Salary FAQs

What is the salary of Accounts Payable Associate at ITC?

Accounts Payable Associate salary at ITC in India ranges between ₹2.1 Lakhs to ₹4.2 Lakhs for experience between 1 years to 6 years. According to our estimates it is 24% less than the average Accounts Payable Associate Salary in India. Salary estimates are based on 22 latest salaries received from various employees of ITC India.

How does the salary of a Accounts Payable Associate at ITC India compare with the average salary range for this job?

The average salary of a Accounts Payable Associate at ITC is 24% less than the average salary of a Accounts Payable Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than ITC to a Accounts Payable Associate in India?

Nestle Accounts Payable Associate Salary - ₹5.0 Lakhs to ₹7.7 Lakhs per year
Tata Consumer Products Accounts Payable Associate Salary - ₹3.0 Lakhs to ₹4.3 Lakhs per year
Genpact Accounts Payable Associate Salary - ₹1.4 Lakhs to ₹6.3 Lakhs per year
Accenture Accounts Payable Associate Salary - ₹1.5 Lakhs to ₹7.0 Lakhs per year
TCS Accounts Payable Associate Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Accounts Payable Associate at ITC in India?

The estimated take-home salary of a Accounts Payable Associate at ITC ranges between ₹18,270 per month to ₹19,959 per month in India. The take-home salary calculation is based on the average ITC Accounts Payable Associate salary in India which ranges between ₹2.1 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Accounts Payable Associate at ITC?

According to AmbitionBox, 63% of the ITC Accounts Payable Associates reported a notice period of 3 Months, 37% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

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ITC Accounts Payable Associate Salaries

ITC Accounts Payable Associate salary in India ranges between ₹2.1 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 ITC latest salaries received from various employees of ITC.