Lumax Industries Manager-F&A Salaries by 4 Employees (Updated 2025)

13 - 20 years exp.

₹11 Lakhs - ₹14.6 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Manager-F&A Salary in Auto Components Companies for 13 - 20 years of experience

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Last Updated: 17 Feb 2025

Companies similar to Lumax Industries for Manager-F&A

Company name	Avg Annual Salary	Open Jobs
TVS Sundram Fasteners Manager-F&A Salary 7 - 12 years exp. (4 salaries)	₹18 L/yr - ₹21.5 L/yr 59% more
Genpact Manager-F&A Salary 8 - 17 years exp. (263 salaries)	₹6.8 L/yr - ₹19 L/yr 2% more
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Accenture Manager-F&A Salary 9 - 17 years exp. (69 salaries)	₹7.7 L/yr - ₹24.3 L/yr 23% more
Tata Steel Manager-F&A Salary 0 - 12 years exp. (40 salaries)	₹8.2 L/yr - ₹16.3 L/yr 1% less
Larsen & Toubro Limited Manager-F&A Salary 6 - 20 years exp. (40 salaries)	₹12 L/yr - ₹27.3 L/yr 51% more

Manager-F&A salary at Lumax Industries ranges between ₹11 Lakhs to ₹14.6 Lakhs per year for employees with experience between 13 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Lumax Industries.

Experience wise Lumax Industries Manager-F&A salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹11.5 L/yr
14 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
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15+ years (3 salaries)	₹11 L/yr - ₹14.6 L/yr

Similar Designation salaries in Lumax Industries

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Senior Accounts Executive Salary

(5 salaries)

₹4.2 L/yr - ₹6.55 L/yr

Finance Executive Salary

(5 salaries)

₹1.8 L/yr - ₹5 L/yr

Senior Executive Finance & Accounts Salary

(4 salaries)

₹4 L/yr - ₹4.63 L/yr

Assistant Manager Finance & Accounts Salary

(4 salaries)

₹6.4 L/yr - ₹11.4 L/yr

Account Assistant Salary

(4 salaries)

₹1.8 L/yr - ₹10.2 L/yr

Accounts & Finance Executive Salary

(4 salaries)

₹3.25 L/yr - ₹4.5 L/yr

Senior Executive - Finance Salary

(4 salaries)

₹4.8 L/yr - ₹6 L/yr

Company Secretary Salary

(4 salaries)

₹3.95 L/yr - ₹7 L/yr

Accountant Salary

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₹2.5 L/yr - ₹4 L/yr

Salary related reviews for Lumax Industries

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

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 Manager in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

5.0

• posted on 20 Aug 2024

5.0

for Salary and Benefits

Likes

Salary structure Canteen facility..

Salary - Excellent

+2 more

Dislikes

In Lumax, Timing in NPD QUALITY not good.. Some Manager in other departments & Quality departments. NPD Quality some manager behaviour is not good.. Best regards, Jaiveer Singh

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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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Lumax Industries Manager-F&A Salary FAQs

What is the salary of Manager-F&A at Lumax Industries ?

The average salary of a Manager-F&A at Lumax Industries in India typically ranges from ₹11.0 Lakhs to ₹14.6 Lakhs per year, depending on experience (from 13 years to 20 years).

The top 10% of Manager-F&A at Lumax Industries earn more than ₹14.6 Lakhs per year, and the top 1% earn over ₹14.6 Lakhs per year. Manager-F&A Salaries at Lumax Industries 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 Lumax Industries employees in India.

What is the estimated take home salary of a Manager-F&A at Lumax Industries in India?

The estimated take-home salary of a Manager-F&A at Lumax Industries in India typically ranges from ₹88,668 to ₹90,996 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹14.6 Lakhs per year for employees with experience ranging from 13 years to 20 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 Lumax Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lumax Industries for Manager-F&A in India?

TVS Sundram Fasteners	₹18.0 Lakhs to ₹21.5 Lakhs per year
Larsen & Toubro Limited	₹12.0 Lakhs to ₹27.3 Lakhs per year
Accenture	₹7.7 Lakhs to ₹24.3 Lakhs per year
Genpact	₹6.8 Lakhs to ₹19.0 Lakhs per year

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

What is the salary of a Manager-F&A in companies similar to Lumax Industries in India?

The salary of a Manager-F&A at companies similar to Lumax Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Steel

₹8.2 Lakhs to ₹16.3 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 Manager-F&A at Lumax Industries in India?

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

Experience	Average Salary Range
13 years	₹4.4 Lakhs to ₹11.5 Lakhs per year
14 years	₹10.2 Lakhs to ₹13.0 Lakhs per year
15 years	₹11.0 Lakhs to ₹14.6 Lakhs per year

and so on.

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Lumax Industries Manager-F&A Salaries

Lumax Industries Manager-F&A salary in India ranges between ₹11 Lakhs to ₹14.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lumax Industries latest salaries received from various employees of Lumax Industries.