Micro Finance Executive Accountant Salaries by 4 Employees

2 - 3 years exp.

₹1.2 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

56% less than the average Executive Accountant Salary in Financial Services Companies for 2 - 3 years of experience

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Last Updated: 10 Aug 2023

Companies similar to Micro Finance for Executive Accountant

Company name	Avg Annual Salary	Open Jobs
TMF Group Executive Accountant Salary 3 - 9 years exp. (72 salaries)	₹3.2 L/yr - ₹6.7 L/yr 251% more
BNY Executive Accountant Salary 1 - 8 years exp. (15 salaries)	₹2.4 L/yr - ₹5.8 L/yr 195% more
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HDFC Sales Executive Accountant Salary 1 - 6 years exp. (12 salaries)	₹1.2 L/yr - ₹5 L/yr 105% more
Marsh McLennan Executive Accountant Salary 1 - 6 years exp. (11 salaries)	₹3 L/yr - ₹5.4 L/yr 119% more
Cholamandalam Investment & Finance Executive Accountant Salary 2 - 8 years exp. (8 salaries)	₹1.8 L/yr - ₹4.4 L/yr 138% more
HSBC Group Executive Accountant Salary 1 - 5 years exp. (8 salaries)	₹2.9 L/yr - ₹4.7 L/yr 124% more
State Street Corporation Executive Accountant Salary 0 - 8 years exp. (7 salaries)	₹2.4 L/yr - ₹5.3 L/yr 95% more
American Express Executive Accountant Salary 1 - 8 years exp. (7 salaries)	₹4 L/yr - ₹7 L/yr 263% more
Aon Executive Accountant Salary 1 - 8 years exp. (6 salaries)	₹2.4 L/yr - ₹7.2 L/yr 222% more	1 job opening
BNP Paribas Executive Accountant Salary 1 - 7 years exp. (6 salaries)	₹2 L/yr - ₹9 L/yr 281% more
Citicorp Executive Accountant Salary 3 - 9 years exp. (6 salaries)	₹4 L/yr - ₹5.5 L/yr 202% more
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Northern Trust Operating Services Executive Accountant Salary 0 - 2 years exp. (4 salaries)	₹1 L/yr - ₹3.2 L/yr 71% more
UBS Executive Accountant Salary 2 - 12 years exp. (4 salaries)	₹4 L/yr - ₹10.2 L/yr 272% more
Morgan Stanley Executive Accountant Salary 1 - 2 years exp. (3 salaries)	₹3.6 L/yr - ₹22 L/yr 567% more
Karvy Financial Services Executive Accountant Salary 0 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹2.6 L/yr 70% more
Daimler Financial Services Executive Accountant Salary 8 - 14 years exp. (3 salaries)	₹4.9 L/yr - ₹6.3 L/yr 266% more
Manappuram Home Finance Executive Accountant Salary 4 - 8 years exp. (3 salaries)	₹2 L/yr - ₹6.5 L/yr 209% more

Executive Accountant salary at Micro Finance ranges between ₹1.2 Lakh to ₹2.5 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Micro Finance.

Experience wise Micro Finance Executive Accountant salaries

Last Updated: 10 Aug 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.2 L/yr
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3 years (3 salaries)	₹0.7 L/yr - ₹2.5 L/yr

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Salary related reviews for Micro Finance

3.0

Rated by 1 employees for salary & benefits

Risk Manager in Hyderabad / Secunderabad

Finance Department

5.0

• posted on 27 Dec 2017

4.0

for Salary and Benefits

Likes

The company is just a star up organisation so it was direct reporting to the bosses and all the employees are well treated as like as the family members.

Salary - Good

+5 more

Dislikes

Huge deductions in salary and no yearly bonus at all

SQL Database Administrator in Addis Ababa

Engineering - Software & QA Department

3.0

• posted on 24 Jul 2018

3.0

for Salary and Benefits

Likes

I like wasasa Microfinance Institution because of they have career growth and salary appraisal depending on performance of employees. And have travel service.

Job security - Excellent

+4 more

Dislikes

I dislike wasasa Microfinance cannot provide training and Education opportunities.

Skill development - Poor

Assistant General Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 15 Jul 2019

4.0

for Salary and Benefits

Likes

The sector gave me opportunity to bring smiles on the faces of deprived women who are in dire need of money to expand their livelihood. The sector not only helps the women in availing loans but helps them by educating through financial literacy, they tend to save money and invest it wisely. At the end of the day this job gave recognition in the community as their mentor and I feel proud when people express their gratitude for bringing change in their lives.

Salary - Good

+4 more

Dislikes

Many people see this sector as petty money lenders, and think that there are huge profits in the sector. This compels people to start micro finance without really understanding the essence of it. This situation is resulting in mushrooming micro finance organisations and developing unhealthy competition. In some cases the women who fail to repay are exploited in all sorts.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Micro Finance Executive Accountant Salary FAQs

What is the salary of Executive Accountant at Micro Finance ?

The average salary of a Executive Accountant at Micro Finance in India typically ranges from ₹1.2 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Executive Accountant at Micro Finance earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Executive Accountant Salaries at Micro Finance 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 Micro Finance employees in India.

What is the estimated take home salary of a Executive Accountant at Micro Finance in India?

The estimated take-home salary of a Executive Accountant at Micro Finance in India typically ranges from ₹10,089 to ₹11,177 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 2 years to 3 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 Micro Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Micro Finance for Executive Accountant in India?

Morgan Stanley	₹3.6 Lakhs to ₹22.0 Lakhs per year
BNP Paribas	₹2.0 Lakhs to ₹9.0 Lakhs per year
UBS	₹4.0 Lakhs to ₹10.2 Lakhs per year
Daimler Financial Services	₹4.9 Lakhs to ₹6.3 Lakhs per year
American Express	₹4.0 Lakhs to ₹7.0 Lakhs per year

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

What is the salary of a Executive Accountant in companies similar to Micro Finance in India?

The salary of a Executive Accountant at companies similar to Micro Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TMF Group	₹3.2 Lakhs to ₹6.7 Lakhs per year
Aon	₹2.4 Lakhs to ₹7.2 Lakhs per year
Manappuram Home Finance	₹2.0 Lakhs to ₹6.5 Lakhs per year
Citicorp	₹4.0 Lakhs to ₹5.5 Lakhs per year
BNY	₹2.4 Lakhs to ₹5.8 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 Executive Accountant at Micro Finance in India?

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

Experience	Average Salary Range
2 years	₹1.2 Lakhs to ₹1.2 Lakhs per year
3 years	₹0.7 Lakhs to ₹2.5 Lakhs per year

and so on.

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Micro Finance Executive Accountant Salaries

Micro Finance Executive Accountant salary in India ranges between ₹1.2 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Micro Finance latest salaries received from various employees of Micro Finance.