Knorr-Bremse Finance Manager Salaries by 4 Employees

4 - 25 years exp.

₹11 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Finance Manager Salary in Auto Components Companies for 4 - 25 years of experience

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Last Updated: 23 May 2024

Companies similar to Knorr-Bremse for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Michelin Finance Manager Salary 6 - 13 years exp. (7 salaries)	₹15 L/yr - ₹20.1 L/yr 25% more
Bosch Finance Manager Salary 9 - 12 years exp. (7 salaries)	₹21 L/yr - ₹30 L/yr 86% more
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Hanon Systems Finance Manager Salary 12 - 28 years exp. (6 salaries)	₹23 L/yr - ₹30 L/yr 73% more
Adient Finance Manager Salary 17 - 19 years exp. (6 salaries)	₹18 L/yr - ₹18.9 L/yr 25% more
Gestamp Finance Manager Salary 16 - 27 years exp. (5 salaries)	₹13.7 L/yr - ₹18.5 L/yr 8% more
ANTOLIN Finance Manager Salary 10 - 23 years exp. (5 salaries)	₹12 L/yr - ₹18.7 L/yr 7% more
Cooper-Standard Automotive Finance Manager Salary 9 - 11 years exp. (4 salaries)	₹15 L/yr - ₹17.5 L/yr 9% more
Schaeffler India Finance Manager Salary 9 - 12 years exp. (4 salaries)	₹11.1 L/yr - ₹13.5 L/yr 21% less
Continental Automotive Components Finance Manager Salary 6 - 10 years exp. (4 salaries)	₹16 L/yr - ₹30 L/yr 39% more
Magna International Finance Manager Salary 6 - 12 years exp. (5 salaries)	₹20 L/yr - ₹29 L/yr 59% more
American Axle & Manufacturing Finance Manager Salary 15 - 24 years exp. (3 salaries)	₹17 L/yr - ₹48.1 L/yr 135% more
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Borgwarner Emission System Finance Manager Salary 8 - 10 years exp. (3 salaries)	₹25 L/yr - ₹26.1 L/yr 72% more
ARaymond Finance Manager Salary 8 - 11 years exp. (3 salaries)	₹14 L/yr - ₹20 L/yr 12% more
Faurecia Finance Manager Salary 9 - 10 years exp. (3 salaries)	₹14.7 L/yr - ₹18 L/yr 9% more

Finance Manager salary at Knorr-Bremse ranges between ₹11 Lakhs to ₹20 Lakhs per year for employees with experience between 4 years to 25 years. Salary estimates are based on 4 latest salaries received from various employees of Knorr-Bremse.

Experience wise Knorr-Bremse Finance Manager salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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15+ years (3 salaries)	₹11 L/yr - ₹17.7 L/yr

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Salary related reviews for Knorr-Bremse

4.0

Rated by 2 employees for salary & benefits

Finance Executive in Pune

Full Time

Finance & Accounting Department

2.0

• posted on 26 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing much to be liked about company except I am getting good salary.

Dislikes

1) No promotion & very average appraisal 2) Location - It is work from office and location makes it very difficult to commute. Can facility is also available for selected location. 3) Work life balance is 0 4) No facilities for the employee - canteen food is very bad, no microwave, canteens have very bad tastes & no fresh items.

Skill development - Poor

+4 more

Technical Specialist in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 21 Oct 2024

3.0

for Salary and Benefits

Likes

Only Salary structure and Company architecture

Job security - Good

Dislikes

No proper work culture and work envoirnment.. No skill development and no work allocation based on skill matrix To much micro-management and Manager oriented company where whtever your manager provide you a work whether you like it or not..you have to do..even you sare not ineteredted.. you can not stick to single project till it finish..frequent changes and jumpo from one project to another ...

Skill development - Bad

+4 more

Software Engineer in Kolkata

Full Time

Engineering - Software & QA Department

3.0

• posted on 28 Mar 2024

3.0

for Salary and Benefits

Likes

Flexible working hours and if team lead and project is good work life balance is also good. It is best company for those who are at the end of their career as per work life balance as it not hectic work most of the time.

Company culture - Good

+1 more

Dislikes

...ell you would get average rating if team lead is not good and also the managers. Don't join as a fresher they pay less as per work.

Skill development - Bad

+2 more

Senior Design Engineer in Pune

Full Time

Research & Development Department

2.0

• posted on 01 Apr 2023

3.0

for Salary and Benefits

Likes

Good for technical growth. Many trainings are arranged by company. On time salary. Hybrid structure permanently.

Skill development - Good

+1 more

Dislikes

Management is not good, focus on food instead of compensation. Management failed on its own commitments. Incorporated bad HR policies like bonds for many things like offshore travels, trainings and retention bonus. Travel policy is horrible. Truck department has budget issues for retaining good employees. No timely promotions.

Company culture - Poor

Senior Engineer in Pune

Full Time

Research & Development Department

2.0

• posted on 21 Jan 2023

1.0

for Salary and Benefits

Likes

Little work life balance only.

Dislikes

Not good pay scale. Not good for learning. Most important point => Management is so cleaver, about signs bonds knowingly/Unknowingly, simply by playing with you, providing increment with condition that "if you leave before 3 years then all your increment will be recovered". So funny, they thing we are technical guys, and won't able to understand there game !

Salary - Bad

+3 more

see more salary related reviews

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What people are saying about Knorr-Bremse

View All

an assistant manager

Increment only by giving resigns

I have been dedicated to a manufacturing company for the past 10 years, and I believe it's time to address my salary. I've observed that companies often only consider salary increases in response to resignations, which raises a valid concern for me. Given my commitment and performance, I feel that a salary review is overdue. I'm contemplating my options and would like to explore how I can initiate a constructive conversation with my employer about a potential raise. What steps can I take to facilitate this discussion effectively?

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Knorr-Bremse Finance Manager Salary FAQs

What is the salary of Finance Manager at Knorr-Bremse ?

The average salary of a Finance Manager at Knorr-Bremse in India typically ranges from ₹11.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 4 years to 25 years).

The top 10% of Finance Manager at Knorr-Bremse earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Finance Manager Salaries at Knorr-Bremse 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 4 Knorr-Bremse employees in India.

What is the estimated take home salary of a Finance Manager at Knorr-Bremse in India?

The estimated take-home salary of a Finance Manager at Knorr-Bremse in India typically ranges from ₹1,03,037 to ₹1,05,857 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 4 years to 25 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 4 salaries received from various employees of Knorr-Bremse. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Knorr-Bremse for Finance Manager in India?

American Axle & Manufacturing	₹17.0 Lakhs to ₹48.1 Lakhs per year
Bosch	₹21.0 Lakhs to ₹30.0 Lakhs per year
Hanon Systems	₹23.0 Lakhs to ₹30.0 Lakhs per year
Borgwarner Emission System	₹25.0 Lakhs to ₹26.1 Lakhs per year
Magna International	₹20.0 Lakhs to ₹29.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Knorr-Bremse, depending on the role and experience level.

What is the salary of a Finance Manager in companies similar to Knorr-Bremse in India?

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

Continental Automotive Components	₹16.0 Lakhs to ₹30.0 Lakhs per year
Michelin	₹15.0 Lakhs to ₹20.1 Lakhs per year
Adient	₹18.0 Lakhs to ₹18.9 Lakhs per year
ARaymond	₹14.0 Lakhs to ₹20.0 Lakhs per year
Faurecia	₹14.7 Lakhs to ₹18.0 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 Knorr-Bremse in India?

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

Experience	Average Salary Range
4 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
15 years	₹11.0 Lakhs to ₹17.7 Lakhs per year

and so on.

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Knorr-Bremse Finance Manager Salaries

Knorr-Bremse Finance Manager salary in India ranges between ₹11 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Knorr-Bremse latest salaries received from various employees of Knorr-Bremse.