MP Chitale & Co Audit Associate Salaries by 8 Employees

0 - 5 years exp.

₹2.5 Lakhs - ₹4 Lakhs

Salary of majority employees

44% less than the average Audit Associate Salary in Accounting & Auditing Companies for 0 - 5 years of experience

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Last Updated: 23 May 2024

Companies similar to MP Chitale & Co for Audit Associate

Company name	Avg Annual Salary	Open Jobs
Aneja Associates Audit Associate Salary 1 - 7 years exp. (30 salaries)	₹2 L/yr - ₹6 L/yr 19% more
Brahmayya Audit Associate Salary 0 - 3 years exp. (11 salaries)	₹1.8 L/yr - ₹10.6 L/yr 92% more
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CohnReznick Audit Associate Salary 0 - 3 years exp. (7 salaries)	₹3 L/yr - ₹4.7 L/yr 24% more
RSM India Audit Associate Salary 2 - 3 years exp. (5 salaries)	₹2.6 L/yr - ₹9 L/yr 57% more
AKGVG & Associates Audit Associate Salary 0 - 4 years exp. (5 salaries)	₹5.4 L/yr - ₹6.9 L/yr 84% more
Jcss Consulting Audit Associate Salary 0 - 3 years exp. (4 salaries)	₹5.5 L/yr - ₹9 L/yr 107% more
Sharp & Tannan Associates Audit Associate Salary 0 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 20% more
S.S. Kothari Mehta & Co Audit Associate Salary 0 - 4 years exp. (4 salaries)	₹8.5 L/yr - ₹9.5 L/yr 180% more
Wipfli Audit Associate Salary 1 - 5 years exp. (3 salaries)	₹7.8 L/yr - ₹14.5 L/yr 220% more
Baker Tilly DHC Audit Associate Salary 1 - 7 years exp. (3 salaries)	₹7.5 L/yr - ₹11 L/yr 165% more

Audit Associate salary at MP Chitale & Co ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 8 latest salaries received from various employees of MP Chitale & Co.

Experience wise MP Chitale & Co Audit Associate salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.9 L/yr
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.8 L/yr

View all

Similar Designation salaries in MP Chitale & Co

Audit Assistant Salary

(157 salaries)

₹1.12 L/yr - ₹5 L/yr

Senior Associate Salary

(6 salaries)

₹3.6 L/yr - ₹7.2 L/yr

Senior Audit Associate Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Audit Executive Salary

(38 salaries)

₹1.8 L/yr - ₹5 L/yr

Auditor Salary

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₹1.8 L/yr - ₹4 L/yr

Article Assistant Salary

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₹0.55 L/yr - ₹2.65 L/yr

Account Assistant Salary

(4 salaries)

₹1.6 L/yr - ₹4 L/yr

Senior Auditor Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Salary related reviews for MP Chitale & Co

3.7

Rated by 3 employees for salary & benefits

Audit Assistant in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Interview cracking is easy.

Dislikes

...ay to new joiners. Even on National holidays we are working and even on Sundays. They offer very less salary as well with no other incentives. Bosses are really rude.

Salary - Bad

+5 more

Audit Assistant in Mumbai

Finance & Accounting Department

4.0

• posted on 17 Aug 2018

1.0

for Salary and Benefits

Likes

Nothing

Skill development - Good

+1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 9 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.partality in ca n employee.

Salary - Bad

+3 more

Audit Executive in Prabhadevi

Full Time

Finance & Accounting Department

3.0

• posted on 02 Feb 2024

3.0

for Salary and Benefits

Likes

You will get a good exposure of audits of Mutual Funds mainly and some NBFC's. Entirely depends on which partner you are working under.

Job security - Good

+1 more

Dislikes

...cies are different under different partners, the firm doesn't follow unanimity. For other than Articles, Salary is lesser than industry comparison. For articles, stipend is average somewhere around 5-6k for 1st year then increases by 1k in following years. Attrition rate is high. Lack of human resource and man-management

Company culture - Poor

Senior Article Assistant in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 16 Feb 2023

1.0

for Salary and Benefits

Likes

Good exposure in Internal audit

Dislikes

... come to stay for 100 years here and wish to die in the office at Prabhadevi. The salary structure is completely pathetic here . No apprisal . No bonus . No pay scale . Chartered accountants are treated very badly with extreme low pay and thinking that they have no one who can go out .... I need to say ... Mental tourture is the thing that needs to be stopped . Also the mentality of the firm is still like 1997 ....

Salary - Bad

+6 more

Article Assistant in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 01 Jul 2023

3.0

for Salary and Benefits

Likes

Great exposure in work. End to end participation in assignments and communication with senior partners and top level management. Opportunity to lead clients and assignments basis only your work experience and not just the position in the organization. Approachable partners and seniors.

Skill development - Excellent

Dislikes

One of the things I dislike abt MPC is bad work life balance. Too much work and responsibilities on One person. Late sittings and long working hours. No Saturday off

Company culture - Poor

+1 more

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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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MP Chitale & Co Audit Associate Salary FAQs

What is the salary of Audit Associate at MP Chitale & Co ?

The average salary of a Audit Associate at MP Chitale & Co in India typically ranges from ₹2.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Audit Associate at MP Chitale & Co earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Audit Associate Salaries at MP Chitale & Co 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 8 MP Chitale & Co employees in India.

What is the estimated take home salary of a Audit Associate at MP Chitale & Co in India?

The estimated take-home salary of a Audit Associate at MP Chitale & Co in India typically ranges from ₹23,653 to ₹25,111 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 8 salaries received from various employees of MP Chitale & Co. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MP Chitale & Co for Audit Associate in India?

Wipfli	₹7.8 Lakhs to ₹14.5 Lakhs per year
S.S. Kothari Mehta & Co	₹8.5 Lakhs to ₹9.5 Lakhs per year
Baker Tilly DHC	₹7.5 Lakhs to ₹11.0 Lakhs per year
Jcss Consulting	₹5.5 Lakhs to ₹9.0 Lakhs per year
Brahmayya	₹1.8 Lakhs to ₹10.6 Lakhs per year

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

What is the salary of a Audit Associate in companies similar to MP Chitale & Co in India?

The salary of a Audit Associate at companies similar to MP Chitale & Co in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AKGVG & Associates	₹5.4 Lakhs to ₹6.9 Lakhs per year
RSM India	₹2.6 Lakhs to ₹9.0 Lakhs per year
CohnReznick	₹3.0 Lakhs to ₹4.7 Lakhs per year
Sharp & Tannan Associates	₹2.5 Lakhs to ₹5.2 Lakhs per year
Aneja Associates	₹2.0 Lakhs to ₹6.0 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 Audit Associate at MP Chitale & Co in India?

The salary growth for a Audit Associate at MP Chitale & Co depends on factors such as experience, performance, and promotions. On average, a Audit Associate can expect the following growth trajectory at MP Chitale & Co:

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹5.9 Lakhs per year
1 year	₹1.3 Lakhs to ₹4.0 Lakhs per year
2 years	₹1.3 Lakhs to ₹4.0 Lakhs per year
3 years	₹2.6 Lakhs to ₹4.0 Lakhs per year

and so on.

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MP Chitale & Co Audit Associate Salaries

MP Chitale & Co Audit Associate salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 MP Chitale & Co latest salaries received from various employees of MP Chitale & Co.