ITC Financial Associate Salaries by 100+ Employees (Updated 2025)

0 - 10 years exp.

₹1.5 Lakh - ₹8 Lakhs

Salary of majority employees

17% less than the average Financial Associate Salary in FMCG Companies for 0 - 10 years of experience

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Last Updated: 26 Mar 2025

Companies similar to ITC for Financial Associate

Company name	Avg Annual Salary	Open Jobs
Hindustan Unilever Financial Associate Salary 2 - 8 years exp. (17 salaries)	₹2.8 L/yr - ₹4.1 L/yr 7% less
Nestle Financial Associate Salary 3 - 7 years exp. (5 salaries)	₹4 L/yr - ₹6.7 L/yr 38% more
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Dabur Financial Associate Salary 2 - 4 years exp. (3 salaries)	₹2.9 L/yr - ₹3 L/yr 26% less
Tata Consumer Products Financial Associate Salary 7 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹7 L/yr 21% more
R.R. Donnelley Financial Associate Salary 0 - 4 years exp. (622 salaries)	₹1.5 L/yr - ₹4.1 L/yr 29% less	1 job opening

Financial Associate salary at ITC ranges between ₹1.5 Lakh to ₹8 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 143 latest salaries received from various employees of ITC.

Experience wise ITC Financial Associate salaries

Last Updated: 26 Mar 2025

Experience	Avg Annual Salary
Fresher (7 salaries)	₹2 L/yr - ₹3.1 L/yr
1 year (14 salaries)	₹2.2 L/yr - ₹5 L/yr
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2 years (19 salaries)	₹1.5 L/yr - ₹3.6 L/yr
3 years (24 salaries)	₹1.8 L/yr - ₹6 L/yr
4 years (21 salaries)	₹1.8 L/yr - ₹5.5 L/yr
5 years (16 salaries)	₹2 L/yr - ₹6.5 L/yr
6 years (15 salaries)	₹2.4 L/yr - ₹6.5 L/yr
7 years (8 salaries)	₹2.8 L/yr - ₹5 L/yr
8 years (10 salaries)	₹3 L/yr - ₹8 L/yr
9 years (5 salaries)	₹3 L/yr - ₹7.2 L/yr
10 years (4 salaries)	₹4 L/yr - ₹7 L/yr

View all

From

Financial Associate

₹

Lakhs/yr

0 - 10 years exp.

Senior Executive - Finance

₹

Lakhs/yr

5 - 15 years exp.

Financial Associate 0 - 10 years exp.

Finance Executive 1 - 13 years exp.

108% hike

Senior Executive - Finance 5 - 15 years exp.

37% hike

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.

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Top skills at ITC for Financial Associate

Finance Vendor Payments Invoice Processing Service Tax Accounts Reconciliation Journal entries Accounts Payable GRN Vendor Reconciliation Accounts Receivable Physical Verification MIS SAP FICO

Salary related reviews for ITC

3.4

Rated by 27 employees for salary & benefits

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

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

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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 Financial Associate Salary FAQs

What is the salary of Financial Associate at ITC ?

The average salary of a Financial Associate at ITC in India typically ranges from ₹1.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Financial Associate at ITC earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Financial Associate 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 100+ ITC employees in India.

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

The estimated take-home salary of a Financial Associate at ITC in India typically ranges from ₹28,967 to ₹30,347 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from Fresher to 10 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 100+ 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 Financial Associate at ITC ?

To be a Financial Associate at ITC in india, the key skills required include:

- Finance
- Vendor Payments
- Invoice Processing
- Service Tax
- Accounts Reconciliation

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 Financial Associate in India?

Nestle	₹4.0 Lakhs to ₹6.7 Lakhs per year
Tata Consumer Products	₹3.5 Lakhs to ₹7.0 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 Financial Associate in companies similar to ITC in India?

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

Hindustan Unilever	₹2.8 Lakhs to ₹4.1 Lakhs per year
Dabur	₹2.9 Lakhs to ₹3.0 Lakhs per year
R.R. Donnelley	₹1.5 Lakhs to ₹4.1 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 Financial Associate at ITC in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹3.1 Lakhs per year
1 year	₹2.2 Lakhs to ₹5.0 Lakhs per year
2 years	₹1.5 Lakhs to ₹3.6 Lakhs per year
3 years	₹1.8 Lakhs to ₹6.0 Lakhs per year

and so on.

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ITC Financial Associate salary in India ranges between ₹1.5 Lakh to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 143 ITC latest salaries received from various employees of ITC.