ITC Mumbai Finance Manager Salaries by 5 Employees (Updated 2025)

3 - 7 years exp.

₹17 Lakhs - ₹36 Lakhs

Avg. annual salary

Monthly In-hand Salary

58% more than the average Finance Manager Salary in FMCG Companies for 3 - 7 years of experience

Interested in this particular role? 1 job opening

Last Updated: 18 Feb 2025

Companies similar to ITC for Finance Manager in Mumbai

ITC Finance Manager Salary

3 - 7 years exp. (5 salaries)

₹17 L/yr - ₹36 L/yr

Company name	Avg Annual Salary	Open Jobs
Hindustan Unilever Finance Manager Salary 2 - 10 years exp. (36 salaries)	₹20.7 L/yr - ₹45 L/yr 16% more
Marico Finance Manager Salary 4 - 6 years exp. (9 salaries)	₹20 L/yr - ₹35 L/yr 2% less
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Godrej Consumer Products Finance Manager Salary 0 - 4 years exp. (8 salaries)	₹16.5 L/yr - ₹27 L/yr 25% less
Procter & Gamble Finance Manager Salary 1 - 7 years exp. (5 salaries)	₹28 L/yr - ₹33 L/yr 6% more
Colgate Palmolive Finance Manager Salary 5 - 16 years exp. (4 salaries)	₹25 L/yr - ₹39 L/yr 22% more
Kokuyo Camlin Finance Manager Salary 3 - 4 years exp. (3 salaries)	₹7.3 L/yr - ₹9 L/yr 71% less
Nestle Finance Manager Salary 4 - 5 years exp. (3 salaries)	₹29.8 L/yr - ₹31 L/yr 6% more

Finance Manager salary at ITC ranges between ₹17 Lakhs to ₹36 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of ITC.

Experience wise ITC Finance Manager salaries in Mumbai

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹24.7 L/yr - ₹31.6 L/yr
4 years (AmbitionBox Estimate)	₹25.4 L/yr - ₹32.4 L/yr
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5 years (AmbitionBox Estimate)	₹26 L/yr - ₹33.2 L/yr
6 years (AmbitionBox Estimate)	₹26.6 L/yr - ₹34 L/yr
7 years (AmbitionBox Estimate)	₹27.2 L/yr - ₹34.7 L/yr

From

Finance Manager

1 - 7 years exp.

Senior Manager Finance

4 - 17 years exp.

From

Finance Manager

1 - 7 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

Area Sales Manager Salary

(41 salaries)

₹8.14 L/yr - ₹20.5 L/yr

Finance Executive Salary

(16 salaries)

₹5 L/yr - ₹11.96 L/yr

Sales Manager Salary

(3 salaries)

₹2 L/yr - ₹8.33 L/yr

Top skills at ITC for Finance Manager

ERP Systems Finance FMCG Sales Invoice Processing CCTV Monitoring Fixed Assets Team Management Policies Relationship Building SAN Management Reporting Interpersonal Skills CRM Communication Skills Operations

Salary related reviews for ITC

4.0

Rated by 1 employees for salary & benefits

Sales Officer in Begusarai

Full Time

Sales & Business Development Department

4.0

• posted on 19 Jul 2023

5.0

for Salary and Benefits

Likes

Salary ,expense on time Good company This is good company

Salary - Excellent

+1 more

Dislikes

Compny is too good culture. But manager treat to junior undisciplined way. Manager not supported to team Manager Not involve in Businesses fully injoy.

Skill development - Poor

+2 more

Area Sales Manager in Pune

Full Time

Sales & Business Development Department

4.0

• posted on 24 Feb 2023

3.0

for Salary and Benefits

Likes

... someone starting out their career as the behemoth deals with lot of categories. Salary at certain level are bit on lower side but additional perks make up for that gap. Culture depends on team you are in and how's your reporting manager.

Skill development - Good

+4 more

Dislikes

Nothing as such

Sales Executive in Kolkata

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 27 May 2023

4.0

for Salary and Benefits

Likes

Good homely work culture but needs to be full filled objective in specific time frame. Good promotion scope for right candidate. Transparent promotion scope as per HR methodologies.

Salary - Good

+4 more

Dislikes

Salary was not upto the mark to company reputation

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

Area Sales Manager in New Delhi

Full Time

Sales & Business Development Department

4.0

• posted on 07 Jul 2022

2.0

for Salary and Benefits

Likes

Job Security is Very High , But is not a good pay master. Will make you beg for promotion. Not at all culturally good if you want to grow in professional career

Job security - Excellent

+1 more

Dislikes

...ther resigning nor retiring and creating a bottle neck for people down the line. Salary is 60-70% of what the industry is giving. Yearly appraisals are perception based

Salary - Poor

+1 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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ITC Finance Manager Salary FAQs

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

The average salary of a Finance Manager at ITC in Mumbai typically ranges from ₹17.0 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Finance Manager in Mumbai at ITC earn more than ₹36.0 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Finance Manager 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 5 ITC employees in India.

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

The estimated take-home salary of a Finance Manager at ITC in Mumbai typically ranges from ₹1,75,340 to ₹1,82,132 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 3 years to 7 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 5 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 Finance Manager at ITC in Mumbai?

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

- ERP Systems
- Finance
- FMCG Sales
- Invoice Processing
- CCTV Monitoring

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 Finance Manager in India?

Colgate Palmolive	₹25.0 Lakhs to ₹39.0 Lakhs per year
Hindustan Unilever	₹20.7 Lakhs to ₹45.0 Lakhs per year
Nestle	₹29.8 Lakhs to ₹31.0 Lakhs per year
Procter & Gamble	₹28.0 Lakhs to ₹33.0 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 Finance Manager in companies similar to ITC in Mumbai?

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

Marico	₹20.0 Lakhs to ₹35.0 Lakhs per year
Godrej Consumer Products	₹16.5 Lakhs to ₹27.0 Lakhs per year
Kokuyo Camlin	₹7.3 Lakhs to ₹9.0 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 Finance Manager at ITC in Mumbai?

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

Experience	Average Salary Range
3 years	₹24.7 Lakhs to ₹31.6 Lakhs per year
4 years	₹25.4 Lakhs to ₹32.4 Lakhs per year
5 years	₹26.0 Lakhs to ₹33.2 Lakhs per year
6 years	₹26.6 Lakhs to ₹34.0 Lakhs per year

and so on.

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ITC Finance Manager Salaries in Mumbai

ITC Finance Manager salary in Mumbai ranges between ₹17 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ITC latest salaries received from various employees of ITC.