Lumax Industries Finance Manager Salaries by 3 Employees

7 - 12 years exp.

₹9.1 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Finance Manager Salary in Auto Components Companies for 7 - 12 years of experience

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Last Updated: 1 Mar 2024

Companies similar to Lumax Industries for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Varroc Group Finance Manager Salary 15 - 19 years exp. (6 salaries)	₹12 L/yr - ₹16.2 L/yr 16% less
UNO Minda Finance Manager Salary 16 - 21 years exp. (8 salaries)	₹16.5 L/yr - ₹26.5 L/yr 44% more
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Bharat Forge Finance Manager Salary 8 - 22 years exp. (4 salaries)	₹13 L/yr - ₹16 L/yr 10% less
TVS Sundram Fasteners Finance Manager Salary 7 - 14 years exp. (6 salaries)	₹8.6 L/yr - ₹30.1 L/yr 13% more
Gabriel India Finance Manager Salary 5 - 22 years exp. (4 salaries)	₹14 L/yr - ₹17 L/yr 4% less
Bosch Finance Manager Salary 9 - 12 years exp. (7 salaries)	₹21 L/yr - ₹30 L/yr 75% more
Michelin Finance Manager Salary 6 - 13 years exp. (10 salaries)	₹15 L/yr - ₹20.1 L/yr 15% more
Ceat Tyres Finance Manager Salary 1 - 9 years exp. (5 salaries)	₹11.5 L/yr - ₹20 L/yr 13% less
MAHLE ANAND Filter Systems Finance Manager Salary 11 - 14 years exp. (5 salaries)	₹14 L/yr - ₹15.6 L/yr 10% less
Schaeffler India Finance Manager Salary 9 - 12 years exp. (4 salaries)	₹11.1 L/yr - ₹13.5 L/yr 25% less
Magna International Finance Manager Salary 6 - 11 years exp. (4 salaries)	₹20 L/yr - ₹29 L/yr 44% more
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Tata AutoComp Systems Finance Manager Salary 7 - 13 years exp. (4 salaries)	₹16 L/yr - ₹24.9 L/yr 31% more
Sundaram Clayton Finance Manager Salary 13 - 21 years exp. (3 salaries)	₹21 L/yr - ₹26 L/yr 51% more
Apollo Tyres Finance Manager Salary 8 - 14 years exp. (3 salaries)	₹20 L/yr - ₹52 L/yr 119% more
Forvia Hella Finance Manager Salary 13 - 17 years exp. (3 salaries)	₹15.5 L/yr - ₹24 L/yr 23% more
CIE Automotive Finance Manager Salary 5 - 14 years exp. (3 salaries)	₹9.5 L/yr - ₹15.5 L/yr 15% less
Faurecia Finance Manager Salary 9 - 10 years exp. (3 salaries)	₹14.7 L/yr - ₹18 L/yr 3% more

Finance Manager salary at Lumax Industries ranges between ₹9.1 Lakhs to ₹20 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Lumax Industries.

Experience wise Lumax Industries Finance Manager salaries

Last Updated: 1 Mar 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
11 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
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12 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr

Similar Designation salaries in Lumax Industries

Deputy Manager Salary

(158 salaries)

₹6 L/yr - ₹15 L/yr

Area Sales Manager Salary

(3 salaries)

₹5 L/yr - ₹6.3 L/yr

Finance Executive Salary

(5 salaries)

₹1.8 L/yr - ₹5 L/yr

Branch Head Salary

(3 salaries)

₹6.5 L/yr - ₹7.6 L/yr

Financial Controller Salary

(AmbitionBox Estimate)

₹25.2 L/yr - ₹32.2 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Team Lead Salary

(13 salaries)

₹2.16 L/yr - ₹2.8 L/yr

Accountant Salary

(4 salaries)

₹2.5 L/yr - ₹4 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹61.8 L/yr - ₹68.3 L/yr

Salary related reviews for Lumax Industries

5.0

Rated by 1 employees for salary & benefits

Deputy Manager in Chakan Pune

Full Time

Other Department

3.0

• posted on 19 Apr 2023

4.0

for Salary and Benefits

Likes

Salary and perks on time.

Salary - Good

Dislikes

Late hour working. Old people do polytics Over work load so dont take leave. Don't leave office on time. Local transporter not work properly. Vehicle not arrange time. If you demand or take action against him. They give threat and attack on employees out side of company. Senior management not support . Labour union in company so also labour person do polytics.

Skill development - Poor

+3 more

Senior Manager in Gurgaon / Gurugram

Full Time

Human Resources Department

5.0

• posted on 24 Dec 2024

5.0

for Salary and Benefits

Likes

...fied , Offices are installed with TFAs, The AQI level in office is below 20 ppm. Salary is always on time, Give full liberty to excel, growth for hard working employees is assured, integrity is respected. Trainings are imparted regularly, Canteen facility , uniform, is provided, A lot of employee benefit policies are in vogue. Salary is on last day of the month without failure. Working at Lumax is a wonderful experience. Staff is cooperative, Seniors are good and supportive. Work environment is safe for women employees. Flexi working hours. Leaders are approachable. Transport facilities are available in manufacturing plants. Employees enjoy working at Lumax.

Salary - Excellent

+6 more

Dislikes

No comments, Did not find any point to mention in this column.

Assistant Engineer in Pune

Full Time

Media Production & Entertainment Department

4.0

• posted on 27 Nov 2024

3.0

for Salary and Benefits

Likes

Company provides bus and canteen facility 08 hour duty Weekly off Party function MCM function You can learn and increase your skill knowledge unlimited in lumax industries limited

Skill development - Good

+3 more

Dislikes

Salary & promotion & appraisal is too slow if you are not skip & continues job in lumax then your salary is increased very slow compared other employees who hired from other companies as same role & responsibility DWM.

Machine Operator in Bangalore / Bengaluru

Full Time

Media Production & Entertainment Department

1.0

• posted on 04 Nov 2024

1.0

for Salary and Benefits

Likes

... a helper in Electrical department.12hr work No holiday .even Sunday also work .if you take a leave your salary will deduct .after 1yr work your salary hike only 5-7% only .when I am join my salary is only 6000/-rs per month.

Dislikes

...re as compared to mental work.no work life balance because no holiday available. If you take a leave your salary will deduct.in whole year only 2day holiday available there is Biswakarma Puja & Dilwali.remain 363 day working. no facility available like no food,no Travel allowance,No PF ,No Health insurance

Salary - Bad

+6 more

Assistant Company Secretary in Gurgaon / Gurugram

Full Time

Legal & Regulatory Department

3.0

• posted on 24 Sep 2024

2.0

for Salary and Benefits

Likes

Salary always credits in time

Job security - Good

+1 more

Dislikes

They have a very bad salary structure. There is no work life balance. U can have charge of day to day affairs but very rare of the special tasks as the boss wants to do all of them on his own. It's 6 day working company & sometimes they even call on Sundays. As regards late sitting, I would say on an avg, u need to spend around 60 hrs a week.

Salary - Poor

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Lumax Industries Finance Manager Salary FAQs

How the salary growth look like for a Finance Manager at Lumax Industries in India?

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

Experience	Average Salary Range
7 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
11 years	₹8.1 Lakhs to ₹10.4 Lakhs per year
12 years	₹16.7 Lakhs to ₹21.3 Lakhs per year

and so on.

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Lumax Industries Finance Manager Salaries

Lumax Industries Finance Manager salary in India ranges between ₹9.1 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Lumax Industries latest salaries received from various employees of Lumax Industries.