ITC Mumbai Assistant Manager Finance Salaries by 20+ Employees (Updated 2025)

1 - 17 years exp.

₹9 Lakhs - ₹17 Lakhs

Salary of majority employees

Fixed (85%)

₹13.9 Lakhs

Variable (15%)

₹2.5 Lakhs

41% more than the average Assistant Manager Finance Salary in FMCG Companies for 1 - 17 years of experience

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Last Updated: 15 Feb 2025

Companies similar to ITC for Assistant Manager Finance in Mumbai

ITC Assistant Manager Finance Salary

1 - 17 years exp. (23 salaries)

₹9 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
Hindustan Unilever Assistant Manager Finance Salary 0 - 11 years exp. (71 salaries)	₹11.4 L/yr - ₹28.8 L/yr 31% more
WNS Assistant Manager Finance Salary 0 - 12 years exp. (22 salaries)	₹6 L/yr - ₹10 L/yr 50% less	1 job opening
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Bharat Petroleum Assistant Manager Finance Salary 2 - 6 years exp. (20 salaries)	₹20 L/yr - ₹32 L/yr 71% more
Capita Assistant Manager Finance Salary 1 - 16 years exp. (17 salaries)	₹8 L/yr - ₹14.5 L/yr 28% less	6 job openings
TCS Assistant Manager Finance Salary 6 - 18 years exp. (17 salaries)	₹6.5 L/yr - ₹15 L/yr 32% less

Assistant Manager Finance salary at ITC ranges between ₹9 Lakhs to ₹17 Lakhs per year for employees with experience between 1 year to 17 years. Salary estimates are based on 23 latest salaries received from various employees of ITC.

Experience wise ITC Assistant Manager Finance salaries in Mumbai

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹12 L/yr - ₹21 L/yr
2 years (5 salaries)	₹9 L/yr - ₹26.3 L/yr
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3 years (6 salaries)	₹9 L/yr - ₹30.3 L/yr
4 years (4 salaries)	₹13 L/yr - ₹30.2 L/yr
5 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
6 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.1 L/yr
7 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19.1 L/yr
8 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹19 L/yr
9 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
10 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.8 L/yr
11 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr
12 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.6 L/yr
13 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.6 L/yr
14 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
15+ years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr

View all

From

Assistant Manager Finance

₹

Lakhs/yr

1 - 17 years exp.

Senior Manager Finance

₹

Lakhs/yr

4 - 17 years exp.

Assistant Manager Finance 1 - 17 years exp.

Finance Manager 0 - 6 years exp.

64% hike

Senior Manager Finance 4 - 17 years exp.

80% hike

From

View 2 more levels

Assistant Manager Finance

1 - 17 years exp.

Senior Manager Commercial

13 - 22 years exp.

From

View 1 more level

Assistant Manager Finance

1 - 17 years exp.

Business Finance Manager

5 - 10 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ITC

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(19 salaries)

₹1.9 L/yr - ₹6.55 L/yr

Finance Executive Salary

(16 salaries)

₹5 L/yr - ₹11.96 L/yr

Finance Superintendent Salary

(6 salaries)

₹10.4 L/yr - ₹16.7 L/yr

Finance Manager Salary

(4 salaries)

₹24.32 L/yr - ₹36 L/yr

Executive Accountant Salary

(3 salaries)

₹2.5 L/yr - ₹5.25 L/yr

Top skills at ITC for Assistant Manager Finance

SAP CO Plant Accounting Financial Modelling CRM Smartforms Business Analytics Costing Market Intelligence Analytical .Net Packaging Accounting Business Planning FMCG SAP

Salary related reviews for ITC

4.0

Rated by 1 employees for salary & benefits

Senior Manager Finance in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

2.0

• posted on 29 Dec 2024

4.0

for Salary and Benefits

Likes

Salary is considerably competitive

Salary - Good

+2 more

Dislikes

Work life balance is terrible. You leaving on time, top management takes it in a manner that you dont have enough work. Late nights are a normal especially for senior management. Appraisals are seriously affected by this.

Company culture - Bad

+1 more

Financial Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

3.0

• posted on 28 Sep 2024

3.0

for Salary and Benefits

Likes

Company delivers the commitment!

Dislikes

...g accommodation for third party employees in case of relocation to metro cities. Very difficult to sustain within only salary because of high cost of living at metro cities.

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

Skill development - Good

+2 more

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

Promotions - Bad

+1 more

Finance Superintendent in Kolkata

Full Time

Finance & Accounting Department

3.0

• posted on 05 May 2021

3.0

for Salary and Benefits

Likes

The company HR gives utmost importance to Employees health and wellbeing. You have a job security.

Skill development - Excellent

+1 more

Dislikes

There are quite a few things which I dislike about the company: - 1. Huge difference between Pay and grade of CA and CMA even though both the profession have been given equal opportunity by the government. They even make you feel that they are superior human being. 2. Extended working hours: - Bosses just want you to work 24*7 and even in holidays.

Work-life balance - Bad

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

Skill development - Excellent

+3 more

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..

Salary - Bad

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Top trending discussions

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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ITC Assistant Manager Finance Salary FAQs

What is the salary of Assistant Manager Finance at ITC in Mumbai?

The average salary of a Assistant Manager Finance at ITC in Mumbai typically ranges from ₹9.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 1 year to 17 years).

The top 10% of Assistant Manager Finance in Mumbai at ITC earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Assistant Manager Finance Salaries at ITC 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 20+ ITC employees in India.

What is the estimated take home salary of a Assistant Manager Finance at ITC in Mumbai?

The estimated take-home salary of a Assistant Manager Finance at ITC in Mumbai typically ranges from ₹1,11,858 to ₹1,14,963 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 1 year 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 20+ salaries received from various employees of ITC. 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 ITC in Mumbai?

To be a Assistant Manager Finance at ITC in Mumbai, the key skills required include:

- SAP CO
- Plant Accounting
- Financial Modelling
- CRM
- Smartforms

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

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

Bharat Petroleum	₹20.0 Lakhs to ₹32.0 Lakhs per year
Hindustan Unilever	₹11.4 Lakhs to ₹28.8 Lakhs per year

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

What is the salary of a Assistant Manager Finance in companies similar to ITC in Mumbai?

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

Capita	₹8.0 Lakhs to ₹14.5 Lakhs per year
TCS	₹6.5 Lakhs to ₹15.0 Lakhs per year
WNS	₹6.0 Lakhs to ₹10.0 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 Assistant Manager Finance at ITC in Mumbai?

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

Experience	Average Salary Range
1 year	₹12.0 Lakhs to ₹21.0 Lakhs per year
2 years	₹9.0 Lakhs to ₹26.3 Lakhs per year
3 years	₹9.0 Lakhs to ₹30.3 Lakhs per year
4 years	₹13.0 Lakhs to ₹30.2 Lakhs per year

and so on.

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ITC Assistant Manager Finance Salaries in Mumbai

ITC Assistant Manager Finance salary in Mumbai ranges between ₹9 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 ITC latest salaries received from various employees of ITC.