ITC Kolkata Financial Associate Salaries by 10+ Employees (Updated 2025)

1 - 10 years exp.

₹1.8 Lakh - ₹6.2 Lakhs

Salary of majority employees

47% less than the average Financial Associate Salary in FMCG Companies for 1 - 10 years of experience

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Last Updated: 28 Jan 2025

Companies similar to ITC for Financial Associate in Kolkata

ITC Financial Associate Salary

1 - 10 years exp. (14 salaries)

₹1.8 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Financial Associate Salary 0 - 7 years exp. (37 salaries)	₹1.1 L/yr - ₹4.5 L/yr 3% less
Infosys Financial Associate Salary 0 - 5 years exp. (31 salaries)	₹8.5 L/yr - ₹11.5 L/yr 194% more
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BT Business Financial Associate Salary 1 - 9 years exp. (14 salaries)	₹3.2 L/yr - ₹6.5 L/yr 26% more
Oberoi Group of Hotels Financial Associate Salary 0 - 5 years exp. (14 salaries)	₹1.8 L/yr - ₹3.5 L/yr 15% less
BT Group Financial Associate Salary 1 - 9 years exp. (10 salaries)	₹3.1 L/yr - ₹6.3 L/yr 48% more

Financial Associate salary at ITC ranges between ₹1.8 Lakh to ₹6.2 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 14 latest salaries received from various employees of ITC.

Experience wise ITC Financial Associate salaries in Kolkata

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
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3 years (4 salaries)	₹1.8 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.9 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.7 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.2 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 - 15 years exp.

120% hike

Senior Executive - Finance 5 - 15 years exp.

31% 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.

Similar Designation salaries in ITC

Finance Executive Salary

(64 salaries)

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Senior Associate Salary

(22 salaries)

₹3.5 L/yr - ₹7 L/yr

Team Lead Salary

(16 salaries)

₹1.3 L/yr - ₹7.35 L/yr

Analyst Salary

(13 salaries)

₹2.6 L/yr - ₹5.9 L/yr

Process Associate Salary

(3 salaries)

₹1.45 L/yr - ₹4.43 L/yr

Management Trainee Salary

(3 salaries)

₹15.96 L/yr - ₹18.51 L/yr

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

4.3

Rated by 4 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

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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ITC Financial Associate Salary FAQs

What is the salary of Financial Associate at ITC in Kolkata?

The average salary of a Financial Associate at ITC in Kolkata typically ranges from ₹1.8 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Financial Associate in Kolkata at ITC earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹6.2 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 10+ ITC employees in India.

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

The estimated take-home salary of a Financial Associate at ITC in Kolkata typically ranges from ₹25,858 to ₹27,283 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 1 year 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 10+ 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 in Kolkata?

To be a Financial Associate at ITC in Kolkata, 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?

Infosys	₹8.5 Lakhs to ₹11.5 Lakhs per year
BT Group	₹3.1 Lakhs to ₹6.3 Lakhs per year
BT Business	₹3.2 Lakhs to ₹6.5 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 Kolkata?

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

TCS	₹1.1 Lakhs to ₹4.5 Lakhs per year
Oberoi Group of Hotels	₹1.8 Lakhs to ₹3.5 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 Kolkata?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹4.6 Lakhs per year
2 years	₹1.8 Lakhs to ₹5.0 Lakhs per year
3 years	₹1.8 Lakhs to ₹3.2 Lakhs per year
4 years	₹3.2 Lakhs to ₹5.9 Lakhs per year

and so on.

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ITC Financial Associate Salaries in Kolkata

ITC Financial Associate salary in Kolkata ranges between ₹1.8 Lakh to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 ITC latest salaries received from various employees of ITC.