Samvardhana Motherson Group Head Finance & Accounts Salaries by 4 Employees

14 - 18 years exp.

₹37 Lakhs - ₹47 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

54% more than the average Head Finance & Accounts Salary in Auto Components Companies for 14 - 18 years of experience

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Last Updated: 14 Oct 2024

Companies similar to Samvardhana Motherson Group for Head Finance & Accounts

Company name	Avg Annual Salary	Open Jobs
MRF Tyres Head Finance & Accounts Salary 20 - 22 years exp. (3 salaries)	₹22 L/yr - ₹62 L/yr 16% less
Exide Industries Head Finance & Accounts Salary 10 - 14 years exp. (3 salaries)	₹18 L/yr - ₹24 L/yr 48% less
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Larsen & Toubro Limited Head Finance & Accounts Salary 12 - 31 years exp. (8 salaries)	₹24 L/yr - ₹50 L/yr 5% less
Firefox Bikes Head Finance & Accounts Salary 12 - 16 years exp. (7 salaries)	₹25.5 L/yr - ₹39 L/yr 21% less
Tata Steel Head Finance & Accounts Salary 8 - 16 years exp. (7 salaries)	₹27 L/yr - ₹50 L/yr 12% less

Head Finance & Accounts salary at Samvardhana Motherson Group ranges between ₹37 Lakhs to ₹47 Lakhs per year for employees with experience between 14 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Samvardhana Motherson Group.

Experience wise Samvardhana Motherson Group Head Finance & Accounts salaries

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹33.7 L/yr - ₹43 L/yr
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15+ years (3 salaries)	₹41 L/yr - ₹47 L/yr

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Salary related reviews for Samvardhana Motherson Group

5.0

Rated by 1 employees for salary & benefits

Senior Executive - Finance in Noida

Finance Department

4.0

• posted on 26 Jun 2019

2.0

for Salary and Benefits

Likes

...ready experienced & then entering Motherson, then it is good for your growth. But then also things are almost same only apart from the salary paid. Hence here the salary becomes motivation to work even till late. Learning & training is being provided a lot & this is really good. If you are aiming to settle abroad, you might get a chance 80% of times & depending on your terms with your superiors.

Skill development - Good

Dislikes

6 working days which can even become 7 out of 7 days No time limit at all No reward for your efforts

Salary - Poor

+1 more

Senior Engineer in Noida

Full Time

Research & Development Department

2.0

• posted on 01 Mar 2025

2.0

for Salary and Benefits

Likes

Job security Skill development

Skill development - Good

+1 more

Dislikes

Work life balance was very poor Salary hike per year very low * hell will be better than its canteen* Cycle parking system was very bad. Surprise visit should required for this company.

Salary - Poor

+3 more

Manager in Noida

Full Time

Procurement & Supply Chain Department

4.0

• posted on 13 Feb 2025

3.0

for Salary and Benefits

Likes

Job Security and salary on time

Job security - Excellent

+1 more

Dislikes

Less learning and orthodox manual controlled working, slow decision making as it is not distributed through hierarchy. Processes are not implemented on ground level. Un-educated egoistic person are leading departments.

Skill development - Poor

+2 more

Deputy Manager Purchase in Noida

Full Time

Procurement & Supply Chain Department

5.0

• posted on 01 Feb 2025

4.0

for Salary and Benefits

Likes

Work life balance,timely salary received, promotion in three to five years, annual increment .

Salary - Good

+6 more

Dislikes

Salary structure is not same for same designation. As now mostly MNC have pay scale bandwidth . This to this range and for example Assitant Manager position pay scale 9PLA to 10PLA. But in Motherson variation gap is more. It is must to maintain the designation decorum as per market standards.

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.

Skill development - Bad

+3 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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Samvardhana Motherson Group Head Finance & Accounts Salary FAQs

What is the salary of Head Finance & Accounts at Samvardhana Motherson Group ?

The average salary of a Head Finance & Accounts at Samvardhana Motherson Group in India typically ranges from ₹37.0 Lakhs to ₹47.0 Lakhs per year, depending on experience (from 14 years to 18 years).

The top 10% of Head Finance & Accounts at Samvardhana Motherson Group earn more than ₹47.0 Lakhs per year, and the top 1% earn over ₹47.0 Lakhs per year. Head Finance & Accounts Salaries at Samvardhana Motherson Group 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 Samvardhana Motherson Group employees in India.

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

The estimated take-home salary of a Head Finance & Accounts at Samvardhana Motherson Group in India typically ranges from ₹2,49,505 to ₹2,59,649 per month. This is based on the average salary range of ₹37.0 Lakhs to ₹47.0 Lakhs per year for employees with experience ranging from 14 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 4 salaries received from various employees of Samvardhana Motherson Group. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Head Finance & Accounts at companies similar to Samvardhana Motherson Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Larsen & Toubro Limited	₹24.0 Lakhs to ₹50.0 Lakhs per year
Tata Steel	₹27.0 Lakhs to ₹50.0 Lakhs per year
MRF Tyres	₹22.0 Lakhs to ₹62.0 Lakhs per year
Firefox Bikes	₹25.5 Lakhs to ₹39.0 Lakhs per year
Exide Industries	₹18.0 Lakhs to ₹24.0 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 Head Finance & Accounts at Samvardhana Motherson Group in India?

The salary growth for a Head Finance & Accounts at Samvardhana Motherson Group depends on factors such as experience, performance, and promotions. On average, a Head Finance & Accounts can expect the following growth trajectory at Samvardhana Motherson Group:

Experience	Average Salary Range
14 years	₹33.7 Lakhs to ₹43.0 Lakhs per year
15 years	₹41.0 Lakhs to ₹47.0 Lakhs per year

and so on.

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Samvardhana Motherson Group Head Finance & Accounts Salaries

Samvardhana Motherson Group Head Finance & Accounts salary in India ranges between ₹37 Lakhs to ₹47 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Samvardhana Motherson Group latest salaries received from various employees of Samvardhana Motherson Group.