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Magnit Global Staff Accountant salaries in India (Updated 2025)

Annual salary range
1 - 10 years exp.
₹3.6 Lakhs - ₹6 Lakhs
Salary of majority employees
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21% less than the average Staff Accountant Salary in Software Product Companies for 1 - 10 years of experience

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Last Updated: 10 Feb 2025

Companies similar to Magnit Global for Staff Accountant

Company name Avg Annual Salary Open Jobs
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₹1.7 L/yr - ₹4.5 L/yr

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Cogneesol Staff Accountant Salary

0 - 5 years exp. (72 salaries)

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₹2 L/yr - ₹4 L/yr

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KPMG India Staff Accountant Salary

0 - 3 years exp. (55 salaries)

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₹1.8 L/yr - ₹8 L/yr

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B S R & Co Llp Staff Accountant Salary

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₹1.8 L/yr - ₹10.6 L/yr

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Metriqe Solutions Staff Accountant Salary

0 - 3 years exp. (40 salaries)

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₹2 L/yr - ₹2.9 L/yr

arrow icon 47% less
Staff Accountant salary at Magnit Global ranges between ₹3.6 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 9 latest salaries received from various employees of Magnit Global.

Latest annual salaries shared by Magnit Global Staff Accountant

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Experience wise Magnit Global Staff Accountant salaries

Last Updated: 10 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.9 L/yr - ₹4.9 L/yr
2 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹8.4 L/yr
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹8.3 L/yr
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹6 L/yr
View all

Similar Designation salaries in Magnit Global

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₹6.41 L/yr - ₹8.5 L/yr
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₹3 L/yr - ₹7.2 L/yr
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₹3 L/yr - ₹4.5 L/yr
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₹11.05 L/yr - ₹12 L/yr
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₹12 L/yr - ₹13 L/yr
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₹4.1 L/yr - ₹5.2 L/yr
Executive Accountant Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr
Finops Analyst Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr
Investment Banking Analyst Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr

Top skills at Magnit Global for Staff Accountant

Communication Skills Excel Journal entries Bank Reconciliation Accounting Book Keeping Balance Sheet Ledger Posting Month End Reporting

Salary related reviews for Magnit Global

1.4

Rated by 2 employees for salary & benefits

Full Time

 · 

Human Resources Department

1.0
  •  posted on 07 Nov 2023

5.0
 for  Salary and Benefits

Likes

Pay and Office infrastructure

  • Salary - Excellent

Dislikes

Apart from Pay and office infrastructure, nothing is good about this company. Company is not bad but the people working in management are worse. they made the work environment so toxic and narrow mind that a good ad efficient employee can not survive and grow. NO JOB SECURITY even you got hired permanently or working from last 2-3 years they can do layoff anytime. Even though you are sick they will not give you any leave of WFH, or if you will take leave next day in team meeting they will scold you in front of everyone in meeting call which is really embarrassing. TA director is so egoistic that he will not listen your concern at all. If you will discuses anything with him and put your points forward, he will insult you like anything. for him, only he is right. though company's policy, infra, food, everything is good but because such toxic upper level management people there is No mental peace at all.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Other Department

2.0
  •  posted on 19 Dec 2023

4.0
 for  Salary and Benefits

Likes

Salary credited on time. HR policies and employee benefits are good.

  • Salary - Good
  • +1 more

Dislikes

Company experience frequent changes in its management, with many high level executive, including CEO, being replaced abruptly, leading to the lack of job security for employees. As a result company's unstable business environment, there have been extensive lay offs of valuable assets. Directors are misusing their authorities and lack professionalism. Those who excessively praise their superiors can progress in this environment. Additionally, it seems that management has inflated ratings by pressuring employees to submit positive reviews, which raises a doubt about authenticity of the reviews. The management consistently falls short when it comes to effective team management and showing respect to their employees. Team dynamics suffer, and employees often feel undervalued and unsupported.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Human Resources Department

5.0
  •  posted on 25 Oct 2023

5.0
 for  Salary and Benefits

Likes

...pporting Leads and Managers always ready to help you in any difficult situation. Really loved working with this company good pay structure with lucrative night shift allowances policy. Learning opportunites are good great company to have the stability and growing career.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is no dislikes as such from my side for the company.

Full Time

 · 

Other Department

4.0
  •  posted on 06 Jan 2025

3.0
 for  Salary and Benefits

Likes

Magnit provided me a great learning experience in client services. I was highly satisfied with the nature of work when I managed client Toyota.

read more
  • Skill development - Good
  • +3 more

Dislikes

It does not have a structured or organized feedback system. Salary/promotions are given only in terms of seniority and not quality of work.

read more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 07 Sep 2023

5.0
 for  Salary and Benefits

Likes

... versed with their assignments. Directors are always helpful and approachable. Salary being credited 1 day before the first day of the month.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing like dislike.

see more salary related reviews

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Magnit Global Staff Accountant Salary FAQs

What is the salary of Staff Accountant at Magnit Global ?
The average salary of a Staff Accountant at Magnit Global in India typically ranges from ₹3.6 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Staff Accountant at Magnit Global earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Staff Accountant Salaries at Magnit Global 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 9 Magnit Global employees in India.
What is the estimated take home salary of a Staff Accountant at Magnit Global in India?
The estimated take-home salary of a Staff Accountant at Magnit Global in India typically ranges from ₹33,687 to ₹34,946 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹6.0 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 9 salaries received from various employees of Magnit Global. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Staff Accountant at Magnit Global ?
To be a Staff Accountant at Magnit Global in india, the key skills required include:

  • - Communication Skills
  • - Excel
  • - Journal entries
  • - Bank Reconciliation
  • - Accounting

These skills are highly valued at Magnit Global and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Magnit Global for Staff Accountant in India?
B S R & Co Llp ₹1.8 Lakhs to ₹10.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magnit Global, depending on the role and experience level.
What is the salary of a Staff Accountant in companies similar to Magnit Global in India?
The salary of a Staff Accountant at companies similar to Magnit Global in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

KPMG India ₹1.8 Lakhs to ₹8.0 Lakhs per year
Pacific Global Solutions ₹1.7 Lakhs to ₹4.5 Lakhs per year
Cogneesol ₹2.0 Lakhs to ₹4.0 Lakhs per year
Metriqe Solutions ₹2.0 Lakhs to ₹2.9 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 Staff Accountant at Magnit Global in India?
The salary growth for a Staff Accountant at Magnit Global depends on factors such as experience, performance, and promotions. On average, a Staff Accountant can expect the following growth trajectory at Magnit Global:

Experience Average Salary Range
1 year ₹1.9 Lakhs to ₹4.9 Lakhs per year
2 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
3 years ₹3.6 Lakhs to ₹8.4 Lakhs per year
4 years ₹3.6 Lakhs to ₹8.3 Lakhs per year
and so on.

Tell us how to improve this page.

Magnit Global Staff Accountant salary in India ranges between ₹3.6 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Magnit Global latest salaries received from various employees of Magnit Global.