Mahindra & Mahindra Mumbai Senior Manager Finance & Accounts Salaries by 7 Employees (Updated 2025)

13 - 18 years exp.

₹24.7 Lakhs - ₹35 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

51% more than the average Senior Manager Finance & Accounts Salary in Automobile Companies for 13 - 18 years of experience

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Last Updated: 31 Mar 2025

Companies similar to Mahindra & Mahindra for Senior Manager Finance & Accounts in Mumbai

Mahindra & Mahindra Senior Manager Finance & Accounts Salary

13 - 18 years exp. (7 salaries)

₹24.7 L/yr - ₹35 L/yr

Company name	Avg Annual Salary	Open Jobs
Shapoorji Pallonji Group Senior Manager Finance & Accounts Salary 7 - 18 years exp. (13 salaries)	₹18.5 L/yr - ₹32 L/yr 18% less
The Phoenix Mills Senior Manager Finance & Accounts Salary 6 - 18 years exp. (11 salaries)	₹15.5 L/yr - ₹23.5 L/yr 38% less	1 job opening
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Vodafone Idea Senior Manager Finance & Accounts Salary 8 - 17 years exp. (10 salaries)	₹15 L/yr - ₹27 L/yr 31% less
Nium Senior Manager Finance & Accounts Salary 9 - 12 years exp. (8 salaries)	₹22 L/yr - ₹31.5 L/yr 12% less
Stelmec Senior Manager Finance & Accounts Salary 16 - 30 years exp. (8 salaries)	₹12.3 L/yr - ₹22 L/yr 53% less

Senior Manager Finance & Accounts salary at Mahindra & Mahindra ranges between ₹24.7 Lakhs to ₹35 Lakhs per year for employees with experience between 13 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Senior Manager Finance & Accounts salaries in Mumbai

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹27.4 L/yr - ₹35 L/yr
14 years (AmbitionBox Estimate)	₹27.5 L/yr - ₹35.2 L/yr
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15+ years (4 salaries)	₹29 L/yr - ₹35 L/yr

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Salary related reviews for Mahindra & Mahindra

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Area Sales Manager in Udaipur

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Likes - Government type of job Easy peasy attitude Good systems Permanent job with zero attrition rate

Job security - Excellent

+1 more

Dislikes

No promotions Low salary structure (like labour) No one to hear your grievances Self narcissistic culture of working in a big brand Most of the divisions are loss making except auto and tractor division Expenses right out of your pocket for company work

Promotions - Poor

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

Sales Manager in Raipur

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jun 2019

1.0

for Salary and Benefits

Likes

Working for mahindra is good but when it comes to mahindra dealership it is complete terrible salary package is worst incentives which is told by dealer are never given by them Sales Executise are treated in a very bad manner Overall working for dealerships are at it worsy

Dislikes

Salary - Bad
Skill development - Bad

+4 more

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mahindra & Mahindra Senior Manager Finance & Accounts Salary FAQs

What is the salary of Senior Manager Finance & Accounts at Mahindra & Mahindra in Mumbai?

The average salary of a Senior Manager Finance & Accounts at Mahindra & Mahindra in Mumbai typically ranges from ₹24.7 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 13 years to 18 years).

The top 10% of Senior Manager Finance & Accounts in Mumbai at Mahindra & Mahindra earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Senior Manager Finance & Accounts Salaries at Mahindra & Mahindra 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 7 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Senior Manager Finance & Accounts at Mahindra & Mahindra in Mumbai?

The estimated take-home salary of a Senior Manager Finance & Accounts at Mahindra & Mahindra in Mumbai typically ranges from ₹1,89,836 to ₹1,97,283 per month. This is based on the average salary range of ₹24.7 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 13 years to 18 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 7 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Senior Manager Finance & Accounts in companies similar to Mahindra & Mahindra in Mumbai?

The salary of a Senior Manager Finance & Accounts at companies similar to Mahindra & Mahindra in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nium	₹22.0 Lakhs to ₹31.5 Lakhs per year
Shapoorji Pallonji Group	₹18.5 Lakhs to ₹32.0 Lakhs per year
Vodafone Idea	₹15.0 Lakhs to ₹27.0 Lakhs per year
The Phoenix Mills	₹15.5 Lakhs to ₹23.5 Lakhs per year
Stelmec	₹12.3 Lakhs to ₹22.0 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 Senior Manager Finance & Accounts at Mahindra & Mahindra in Mumbai?

The salary growth for a Senior Manager Finance & Accounts at Mahindra & Mahindra in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager Finance & Accounts in Mumbai can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
13 years	₹27.4 Lakhs to ₹35.0 Lakhs per year
14 years	₹27.5 Lakhs to ₹35.2 Lakhs per year
15 years	₹29.0 Lakhs to ₹35.0 Lakhs per year

and so on.

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Mahindra & Mahindra Senior Manager Finance & Accounts Salaries in Mumbai

Mahindra & Mahindra Senior Manager Finance & Accounts salary in Mumbai ranges between ₹24.7 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.

Mahindra & Mahindra Senior Manager Finance & Accounts salaries in Mumbai (Updated 2025)

Companies similar to Mahindra & Mahindra for Senior Manager Finance & Accounts in Mumbai

Latest annual salaries shared by Mahindra & Mahindra Senior Manager Finance & Accounts in Mumbai

Experience wise Mahindra & Mahindra Senior Manager Finance & Accounts salaries in Mumbai

Similar Designation salaries in Mahindra & Mahindra

Salary related reviews for Mahindra & Mahindra

Deputy Manager in Bangalore / Bengaluru

Area Sales Manager in Udaipur

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Mahindra & Mahindra Senior Manager Finance & Accounts Salary FAQs

Tell us how to improve this page.