Samvardhana Motherson Group Finance Manager Salaries by 6 Employees (Updated 2024)

4 - 11 years exp.

₹15 Lakhs - ₹22.5 Lakhs

Low Confidence

Salary of majority employees

18% more than the average Finance Manager Salary in Auto Components Companies for 4 - 11 years of experience

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Last Updated: 4 Aug 2024

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Finance Manager salary at Samvardhana Motherson Group ranges between ₹15 Lakhs to ₹22.5 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Samvardhana Motherson Group.

Experience wise Samvardhana Motherson Group Finance Manager salaries

Last Updated: 4 Aug 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹20.5 L/yr
5 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹22.5 L/yr
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6 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.8 L/yr
7 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
8 years (AmbitionBox Estimate)	₹15 L/yr - ₹36.3 L/yr
9 years (AmbitionBox Estimate)	₹15 L/yr - ₹36.6 L/yr
10 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹21.3 L/yr
11 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹21.5 L/yr

View all

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Finance Executive Salary

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Relationship Manager Salary

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Salary related reviews for Samvardhana Motherson Group

Rated by 1 employees for salary & benefits

Deputy Manager in Noida

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 11 May 2022

1.0

for Salary and Benefits

Likes

Job security is the only merit you have in mind when you work for this organisation.

Dislikes

...ibility. Even Knowing its not feasible to make them work unneccesarily more. 6. Fresher salary is very low. One shouldn't start from here. 7. Simple tasks are made complicated due to politics which is driven by top management itself. Ultimately it's a multinational lala organisation.

Deputy Manager in Sharjah

Full Time

Procurement & Supply Chain Department

5.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

...gement is very clear towards company's mission and vision to achieve milestones. Good compensation every year is a reward to every employee of organisation.

Dislikes

Biased management with no criteria for rewards or promotion( all are equal)

Team Manager in Noida

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 13 Sep 2023

3.0

for Salary and Benefits

Likes

Fixed Salary without any variable component and a very simple and down to earth Chairman who really cares for shop floor associates.

Dislikes

Strong politics,No support from Senior leadership.Adhoc job role allocation and no trainings or exposure provided even when moving to a entirely different role for which you were not hired.Absolutely no connect with Chairman and Vice Chairman Sir.HR function is non existent.

Quality Engineer in Nashik

Full Time

Quality Assurance Department

4.0

• posted on 25 Sep 2023

3.0

for Salary and Benefits

Likes

There are lot of trainings , you can learn a lot from this company and training from this company can help you to get another good company

Dislikes

Since Nashik plant is warehouse, just assembly plant, so don’t expect good salary and increment. Lot of pressure and continuous unnecessary lectures by higher officials even after good performance in Quality

Production Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 18 Dec 2023

4.0

for Salary and Benefits

Likes

Job security Co- operative team members Salary on time Good appraisals Company giving cars and fuel allowance if your performance is good Unlimited growth

Dislikes

Work life balance little bit low as compair to other domains

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Samvardhana Motherson Group Finance Manager Salary FAQs

What is the salary of Finance Manager at Samvardhana Motherson Group?

Finance Manager salary at Samvardhana Motherson Group in India ranges between ₹15.0 Lakhs to ₹22.5 Lakhs for experience between 4 years to 11 years. According to our estimates it is 18% more than the average Finance Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Samvardhana Motherson Group India.

How does the salary of a Finance Manager at Samvardhana Motherson Group India compare with the average salary range for this job?

The average salary of a Finance Manager at Samvardhana Motherson Group is 18% more than the average salary of a Finance Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Samvardhana Motherson Group to a Finance Manager in India?

Apollo Tyres Finance Manager Salary - ₹20.0 Lakhs to ₹52.0 Lakhs per year
MRF Tyres Finance Manager Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
Bajaj Auto Finance Manager Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year
Maruti Suzuki Finance Manager Salary - ₹20.0 Lakhs to ₹33.5 Lakhs per year
Bosch Finance Manager Salary - ₹21.0 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Finance Manager in companies similar to Samvardhana Motherson Group in India?

Magna International Finance Manager Salary - ₹20.0 Lakhs to ₹29.0 Lakhs per year
Hero MotoCorp Finance Manager Salary - ₹20.0 Lakhs to ₹27.0 Lakhs per year
Eicher Motors Finance Manager Salary - ₹10.2 Lakhs to ₹29.0 Lakhs per year
UNO Minda Finance Manager Salary - ₹16.5 Lakhs to ₹24.0 Lakhs per year
Continental Automotive Components Finance Manager Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year

What is the estimated take home salary of a Finance Manager at Samvardhana Motherson Group in India?

The estimated take-home salary of a Finance Manager at Samvardhana Motherson Group ranges between ₹1,32,516 per month to ₹1,37,372 per month in India. The take-home salary calculation is based on the average Samvardhana Motherson Group Finance Manager salary in India which ranges between ₹15.0 Lakhs to ₹22.5 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Finance Manager at Samvardhana Motherson Group?

According to AmbitionBox, 50% of the Samvardhana Motherson Group Finance Managers reported a notice period of 1 Month, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Samvardhana Motherson Group Finance Manager Salaries

Samvardhana Motherson Group Finance Manager salary in India ranges between ₹15 Lakhs to ₹22.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Samvardhana Motherson Group latest salaries received from various employees of Samvardhana Motherson Group.