Magotteaux Industries Finance Manager Salaries by 3 Employees

15 - 17 years exp.

₹25 Lakhs - ₹28 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

51% more than the average Finance Manager Salary for 15 - 17 years of experience

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Last Updated: 15 Mar 2023

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Gi Group Finance Manager Salary 10 - 20 years exp. (3 salaries)	₹6.6 L/yr - ₹28 L/yr 40% less
Senvion Finance Manager Salary 8 - 10 years exp. (3 salaries)	₹16 L/yr - ₹20.5 L/yr 29% less
Rheinmetall Automotive Finance Manager Salary 16 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.7 L/yr 18% less
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Finance Manager salary at Magotteaux Industries ranges between ₹25 Lakhs to ₹28 Lakhs per year for employees with experience between 15 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of Magotteaux Industries.

Experience wise Magotteaux Industries Finance Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
15+ years (3 salaries)	₹25 L/yr - ₹28 L/yr
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Similar Designation salaries in Magotteaux Industries

Sales Manager Salary

(AmbitionBox Estimate)

₹7.5 L/yr - ₹9.5 L/yr

Deputy Manager Salary

(3 salaries)

₹9 L/yr - ₹10.8 L/yr

Salary related reviews for Magotteaux Industries

Production Engineer in Rajkot

Full Time

Media Production & Entertainment Department

1.0

• posted on 28 Feb 2025

4.0

for Salary and Benefits

Likes

Working Hours

Salary - Good

Dislikes

Poor management The manager is non technical And Foundry work only on Document base no one is technical person even the NPD and Engineering Team is wrost If you are experienced person then don't join this company because the working environment is bad and they treat like you are fresher The company only focus on safety but actual safety protocols are not followed, they think wearing PPE is safety but overall process is unsafe

Skill development - Bad

+5 more

Graduate Engineer Trainee (Get) in Rajkot

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 04 Dec 2023

1.0

for Salary and Benefits

Likes

Distance is not too much from city.

Dislikes

Partiality is on peak and highly corruption happen inside the industry and it made the profitability down to the whole industry and also We can not grow without being pleasing to managers and despite of your skill you will always recognise and valued based on your age only , because I am the lead designer still did not satisfied by the treatment that company gave me from last 4 years and its just because I am the 24 .

Salary - Bad

+5 more

Cheif Financial Officer in Rajkot

Full Time

Finance & Accounting Department

5.0

• posted on 10 Oct 2023

3.0

for Salary and Benefits

Likes

Magotteaux Group is the best in its class - low opportunity Vertical Growth for HOD's - but at the same time Authorities are given to fullest to perform the Job roles .

Skill development - Excellent

+3 more

Dislikes

Granting of leave is the biggest Issue .

Work-life balance - Bad

Supervisor Production Melting Ormolding in Rajkot

Production, Manufacturing & Engineering Department

3.0

• posted on 27 May 2022

2.0

for Salary and Benefits

Likes

No doubt magotteaux is a brand but their company culture is not so good.dominating nature if you are a outsider not from Gujarat then you can't survive more than 1 year....if anybody want to know more then join Magotteaux...

Skill development - Good

+1 more

Dislikes

Dominating & blaming nature,you have no right to say the right thing.

Salary - Poor

+1 more

Assistant Manager HR & Administration in Rajkot

Human Resources Department

1.0

• posted on 14 Dec 2018

3.0

for Salary and Benefits

Likes

I worked here for almost 4 years. But from 2017 new management was horrific. They were not able to take decision & also always try to pass their mistake unto other. There is no such thing as succession planning or career development. Not even a good training programs for employees to develop their competencies. Even they always try to suck blood of employees time to time. There is no job security forget about work-life balance. Even they don't know right pay for right people. And nowadays they recruiting employees who are non competent. Best luck for you.

Dislikes

Everything except pay.

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Magotteaux Industries Finance Manager Salary FAQs

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

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

Experience	Average Salary Range
15 years	₹25.0 Lakhs to ₹28.0 Lakhs per year

and so on.

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Magotteaux Industries Finance Manager Salaries

Magotteaux Industries Finance Manager salary in India ranges between ₹25 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magotteaux Industries latest salaries received from various employees of Magotteaux Industries.

Magotteaux Industries Finance Manager salaries in India

Companies similar to Magotteaux Industries for Finance Manager

Latest annual salaries shared by Magotteaux Industries Finance Manager

Experience wise Magotteaux Industries Finance Manager salaries

Similar Designation salaries in Magotteaux Industries

Salary related reviews for Magotteaux Industries

Production Engineer in Rajkot

Graduate Engineer Trainee (Get) in Rajkot

Cheif Financial Officer in Rajkot

Supervisor Production Melting Ormolding in Rajkot

Assistant Manager HR & Administration in Rajkot

Magotteaux Industries Finance Manager Salary FAQs

Tell us how to improve this page.