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

1 - 8 years exp.

₹1.9 Lakh - ₹6.6 Lakhs

Salary of majority employees

32% less than the average Financial Associate Salary in FMCG Companies for 1 - 8 years of experience

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Last Updated: 5 Feb 2025

Companies similar to ITC for Financial Associate in Mumbai

ITC Financial Associate Salary

1 - 8 years exp. (19 salaries)

₹1.9 L/yr - ₹6.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Hindustan Unilever Financial Associate Salary 3 - 8 years exp. (10 salaries)	₹3 L/yr - ₹4.1 L/yr 2% less
State Street Syntel Financial Associate Salary 0 - 5 years exp. (114 salaries)	₹1.7 L/yr - ₹3.5 L/yr 19% less
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Eviden Financial Associate Salary 1 - 4 years exp. (102 salaries)	₹1.8 L/yr - ₹3.6 L/yr 22% less
SS&C TECHNOLOGIES Financial Associate Salary 0 - 5 years exp. (49 salaries)	₹2 L/yr - ₹5 L/yr 9% less
Blenheim Chalcot Financial Associate Salary 1 - 6 years exp. (38 salaries)	₹2.4 L/yr - ₹5.4 L/yr 8% more

Financial Associate salary at ITC ranges between ₹1.9 Lakh to ₹6.6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 19 latest salaries received from various employees of ITC.

Experience wise ITC Financial Associate salaries in Mumbai

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.9 L/yr
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
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3 years (5 salaries)	₹2.4 L/yr - ₹4.9 L/yr
4 years (3 salaries)	₹1.9 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.7 L/yr
6 years (4 salaries)	₹2.4 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 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.

105% hike

Senior Executive - Finance 5 - 15 years exp.

38% 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

(20 salaries)

₹5 L/yr - ₹12 L/yr

Team Lead Salary

(3 salaries)

₹1.25 L/yr - ₹4 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

2.3

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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ITC Financial Associate Salary FAQs

What is the salary of Financial Associate at ITC Mumbai?

Financial Associate salary at ITC in Mumbai ranges between ₹1.9 Lakhs to ₹6.6 Lakhs for experience between 1 years to 8 years. According to our estimates it is 32% less than the average Financial Associate Salary in India. Salary estimates are based on 19 latest salaries received from various employees of ITC Mumbai.

How does the salary of a Financial Associate at ITC Mumbai compare with the average salary range for this job?

The average salary of a Financial Associate at ITC is 32% less than the average salary of a Financial Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Financial Associate at ITC?

Finance, Vendor Payments, Invoice Processing, Service Tax and Accounts Reconciliation are some of the popular skills required to work as a Financial Associate at ITC Mumbai.

Which similar companies are paying more than ITC to a Financial Associate in Mumbai?

Blenheim Chalcot Financial Associate Salary - ₹2.4 Lakhs to ₹5.4 Lakhs per year

What is the salary of a Financial Associate in companies similar to ITC in Mumbai?

Hindustan Unilever Financial Associate Salary - ₹3.0 Lakhs to ₹4.1 Lakhs per year
SS&C TECHNOLOGIES Financial Associate Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
State Street Syntel Financial Associate Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
Eviden Financial Associate Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Financial Associate at ITC ranges between ₹27,349 per month to ₹28,753 per month in Mumbai. The take-home salary calculation is based on the average ITC Financial Associate salary in India which ranges between ₹1.9 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Financial Associate at ITC in Mumbai?

According to AmbitionBox, 83% of the ITC Financial Associates in Mumbai reported a notice period of 1 Month, 17% reported a notice period of 15 days or less.This is based on 12 responses on AmbitionBox in last 2 years.

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ITC Financial Associate Salaries in Mumbai

ITC Financial Associate salary in Mumbai ranges between ₹1.9 Lakh to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 ITC latest salaries received from various employees of ITC.