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

Annual salary range
8 - 12 years exp.
₹15 Lakhs - ₹27 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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44% more than the average Accounts & Finance Manager Salary in Defence & Aerospace Companies for 8 - 12 years of experience

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Last Updated: 23 Mar 2025

Companies similar to Mahindra Defence Systems for Accounts & Finance Manager in Mumbai

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Mahindra Defence Systems Accounts & Finance Manager Salary

8 - 12 years exp. (4 salaries)

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₹15 L/yr - ₹27 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹12 L/yr - ₹32 L/yr

arrow icon 3% less
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₹13.2 L/yr - ₹21 L/yr

arrow icon 24% less
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L&T Finance Accounts & Finance Manager Salary

1 - 6 years exp. (12 salaries)

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₹7 L/yr - ₹16 L/yr

arrow icon 35% less
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₹9 L/yr - ₹16 L/yr

arrow icon 43% less
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₹8 L/yr - ₹21.6 L/yr

arrow icon 33% less
Accounts & Finance Manager salary at Mahindra Defence Systems ranges between ₹15 Lakhs to ₹27 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Defence Systems.

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

2w ago
₹27 Lakhs
12 years exp.
3mo ago
₹27 Lakhs
11 years exp.
1y ago
₹15 Lakhs
8 years exp.
1y ago
₹17 Lakhs
9 years exp.

Experience wise Mahindra Defence Systems Accounts & Finance Manager salaries in Mumbai

Last Updated: 23 Mar 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹12.2 L/yr - ₹15.5 L/yr
9 years (AmbitionBox Estimate)

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₹14.8 L/yr - ₹19 L/yr
10 years (AmbitionBox Estimate)

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₹17.9 L/yr - ₹22.9 L/yr
11 years (AmbitionBox Estimate)

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₹21 L/yr - ₹26.9 L/yr
12 years (AmbitionBox Estimate)

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₹24.2 L/yr - ₹30.9 L/yr

Top skills at Mahindra Defence Systems for Accounts & Finance Manager

Budgetary Control Financial Management Statutory Audit

Salary related reviews for Mahindra Defence Systems

Full Time

 · 

Production, Manufacturing & Engineering Department

2.0
  •  posted on 28 Jan 2025

3.0
 for  Salary and Benefits

Likes

On-time Salary

Dislikes

No work life balance. Manager don't support. No hierarchy in Departmental structure. No helping hands. Unnecessary stress due to false urgencies created by superiors. Old 1947 Style work culture. No team work. Managers wants everything readymade.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

IT & Information Security Department

5.0
  •  posted on 23 Feb 2022

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 year before which you cannot resign. On the job training is not given to new joinees

read more

Full Time

 · 

Project & Program Management Department

1.0
  •  posted on 30 Jun 2023

2.0
 for  Salary and Benefits

Likes

Good medical policies.

  • Job security - Excellent

Dislikes

Poor top management. Corporate politics No leaders to guide juniors. They ask you to join on FTC ( Fixed Term Contract) on Mahindras pay role which is a trap. Don’t fall prey to it. Later on they make you struggle to get on-roll. And if you have a sting reference then they will directly take you on roll. 1 year fixed term contract is extended for 3-4 years. Be cautious.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Engineering - Hardware & Networks Department

4.0
  •  posted on 03 Aug 2018

3.0
 for  Salary and Benefits

Likes

...and itself 2 month traning have in this organzation but job security little bit. in my experience career growth is average salary is constact till now. learning lots work environment is very good like work with team mates veri supportive and treating like as family and work come first rull.

read more
  • Skill development - Good
  • +3 more

Dislikes

no any dislike at this organization but i want to switch the job.

Full Time

 · 

Quality Assurance Department

2.0
  •  posted on 25 Apr 2023

3.0
 for  Salary and Benefits

Likes

Big Brand Name Only

Dislikes

Mahindra Have Good HR Policy but Plant HR Poor Implement in plant, CEO is Tribble and Miss use of his position and CEO Involve in Land Dealing scam and Concrete road in Chimbali land.

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  • Job security - Bad
  • +4 more
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Mahindra Defence Systems Accounts & Finance Manager Salary FAQs

What is the salary of Accounts & Finance Manager at Mahindra Defence Systems in Mumbai?
The average salary of a Accounts & Finance Manager at Mahindra Defence Systems in Mumbai typically ranges from ₹15.0 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Accounts & Finance Manager in Mumbai at Mahindra Defence Systems earn more than ₹27.0 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Accounts & Finance Manager Salaries at Mahindra Defence Systems 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 Mahindra Defence Systems employees in India.
What is the estimated take home salary of a Accounts & Finance Manager at Mahindra Defence Systems in Mumbai?
The estimated take-home salary of a Accounts & Finance Manager at Mahindra Defence Systems in Mumbai typically ranges from ₹1,31,907 to ₹1,36,735 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 8 years to 12 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 Mahindra Defence Systems. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Accounts & Finance Manager at Mahindra Defence Systems in Mumbai?
To be a Accounts & Finance Manager at Mahindra Defence Systems in Mumbai, the key skills required include:

  • - Budgetary Control
  • - Financial Management
  • - Statutory Audit

These skills are highly valued at Mahindra Defence Systems and are crucial for successful performance in a Software Engineering role.
What is the salary of a Accounts & Finance Manager in companies similar to Mahindra Defence Systems in Mumbai?
The salary of a Accounts & Finance Manager at companies similar to Mahindra Defence Systems in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata International ₹12.0 Lakhs to ₹32.0 Lakhs per year
Raymond Lifestyle Limited ₹13.2 Lakhs to ₹21.0 Lakhs per year
Reliance Retail ₹8.0 Lakhs to ₹21.6 Lakhs per year
L&T Finance ₹7.0 Lakhs to ₹16.0 Lakhs per year
SBI Life Insurance Company ₹9.0 Lakhs to ₹16.0 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 Accounts & Finance Manager at Mahindra Defence Systems in Mumbai?
The salary growth for a Accounts & Finance Manager at Mahindra Defence Systems in Mumbai depends on factors such as experience, performance, and promotions. On average, a Accounts & Finance Manager in Mumbai can expect the following growth trajectory at Mahindra Defence Systems:

Experience Average Salary Range
8 years ₹12.2 Lakhs to ₹15.5 Lakhs per year
9 years ₹14.8 Lakhs to ₹19.0 Lakhs per year
10 years ₹17.9 Lakhs to ₹22.9 Lakhs per year
11 years ₹21.0 Lakhs to ₹26.9 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Defence Systems Accounts & Finance Manager salary in Mumbai ranges between ₹15 Lakhs to ₹27 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mahindra Defence Systems latest salaries received from various employees of Mahindra Defence Systems.