ITC Cost Accountant Salaries by 10 Employees (Updated 2025)

0 - 6 years exp.

₹5.5 Lakhs - ₹18.4 Lakhs

Low Confidence

Salary of majority employees

57% more than the average Cost Accountant Salary in FMCG Companies for 0 - 6 years of experience

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Last Updated: 27 May 2023

Companies similar to ITC for Cost Accountant

Company name	Avg Annual Salary	Open Jobs
Hindustan Unilever Cost Accountant Salary 0 - 3 years exp. (4 salaries)	₹6.5 L/yr - ₹22.5 L/yr 5% more
Nestle Cost Accountant Salary 2 years exp. (4 salaries)	₹7 L/yr - ₹9.5 L/yr 27% less
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NSL Textiles Cost Accountant Salary 0 - 5 years exp. (15 salaries)	₹4 L/yr - ₹5.9 L/yr 63% less
Accenture Cost Accountant Salary 2 - 4 years exp. (6 salaries)	₹3.3 L/yr - ₹7 L/yr 55% less
Dow Chemical International Private Limited Cost Accountant Salary 2 - 10 years exp. (12 salaries)	₹4.4 L/yr - ₹15 L/yr 18% less

Cost Accountant salary at ITC ranges between ₹5.5 Lakhs to ₹18.4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 10 latest salaries received from various employees of ITC.

Experience wise ITC Cost Accountant salaries

Last Updated: 27 May 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.5 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
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2 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹16.7 L/yr
3 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹20.8 L/yr
4 years (3 salaries)	₹8 L/yr - ₹13.9 L/yr
5 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹29 L/yr
6 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹27.5 L/yr

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₹7.7 L/yr - ₹9.8 L/yr

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Salary related reviews for ITC

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

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

Team Lead in Gondia

Full Time

Other Department

5.0

• posted on 02 Jan 2023

2.0

for Salary and Benefits

Likes

Last 7 years I work with ITC Ltd It's beautiful journey And I learn more skills with my seniors and I am enjoy my work

Work-life balance - Excellent

Dislikes

... india But they are not focusing ground level employees, (salesman, PSR, TL,) These employee salary is very low and company not pay travel allowance and food allowance not providing any type of life insurance accidental insurance etc.

Salary - Poor

+2 more

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.

Job security - Good

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.

Salary - Bad

+5 more

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.

Salary - Excellent

+6 more

Dislikes

No dislike

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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ITC Cost Accountant Salary FAQs

What is the salary of Cost Accountant at ITC?

Cost Accountant salary at ITC in India ranges between ₹5.5 Lakhs to ₹18.4 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 57% more than the average Cost Accountant Salary in India. Salary estimates are based on 10 latest salaries received from various employees of ITC India.

How does the salary of a Cost Accountant at ITC India compare with the average salary range for this job?

The average salary of a Cost Accountant at ITC is 57% more than the average salary of a Cost Accountant in India. To know exact salary insights, login to view.

Which similar companies are paying more than ITC to a Cost Accountant in India?

Hindustan Unilever Cost Accountant Salary - ₹6.5 Lakhs to ₹22.5 Lakhs per year

What is the salary of a Cost Accountant in companies similar to ITC in India?

Dow Chemical International Private Limited Cost Accountant Salary - ₹4.4 Lakhs to ₹15.0 Lakhs per year
Nestle Cost Accountant Salary - ₹7.0 Lakhs to ₹9.5 Lakhs per year
Accenture Cost Accountant Salary - ₹3.3 Lakhs to ₹7.0 Lakhs per year
NSL Textiles Cost Accountant Salary - ₹4.0 Lakhs to ₹5.9 Lakhs per year

What is the estimated take home salary of a Cost Accountant at ITC in India?

The estimated take-home salary of a Cost Accountant at ITC ranges between ₹83,203 per month to ₹85,377 per month in India. The take-home salary calculation is based on the average ITC Cost Accountant salary in India which ranges between ₹5.5 Lakhs to ₹18.4 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Cost Accountant at ITC?

According to AmbitionBox, 33% of the ITC Cost Accountants reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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ITC Cost Accountant Salaries

ITC Cost Accountant salary in India ranges between ₹5.5 Lakhs to ₹18.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 ITC latest salaries received from various employees of ITC.