Mphasis Reconciliation Analyst Salaries by 4 Employees (Updated 2025)

1 - 4 years exp.

₹2.2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Reconciliation Analyst Salary in IT Services & Consulting Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Reconciliation Analyst Salary 2 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr
Customer Success, Service & Operations Reconciliation Analyst Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Finance & Accounting Reconciliation Analyst Salary 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 29 Jan 2025

Companies similar to Mphasis for Reconciliation Analyst

Company name	Avg Annual Salary	Open Jobs
TCS Reconciliation Analyst Salary 1 - 6 years exp. (35 salaries)	₹2 L/yr - ₹4 L/yr 6% less
Wipro Reconciliation Analyst Salary 0 - 4 years exp. (37 salaries)	₹1.5 L/yr - ₹4.5 L/yr 24% less
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HCLTech Reconciliation Analyst Salary 3 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 21% more
Hexaware Technologies Reconciliation Analyst Salary 2 - 6 years exp. (10 salaries)	₹1.8 L/yr - ₹6.5 L/yr 37% more
Societe Generale Global Solution Centre Reconciliation Analyst Salary 0 - 8 years exp. (12 salaries)	₹3.5 L/yr - ₹7.5 L/yr 76% more
Coforge Reconciliation Analyst Salary 1 - 8 years exp. (7 salaries)	₹2 L/yr - ₹3.1 L/yr 30% less
eClerx Reconciliation Analyst Salary 1 - 2 years exp. (5 salaries)	₹2.4 L/yr - ₹3 L/yr 15% less
FIS Reconciliation Analyst Salary 1 - 8 years exp. (4 salaries)	₹2.9 L/yr - ₹13.2 L/yr 166% more
NTT Data Reconciliation Analyst Salary 2 - 6 years exp. (4 salaries)	₹4.4 L/yr - ₹4.7 L/yr 44% more

Reconciliation Analyst salary at Mphasis ranges between ₹2.2 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Mphasis.

Experience wise Mphasis Reconciliation Analyst salaries

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr

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Salary related reviews for Mphasis

2.0

Rated by 3 employees for salary & benefits

Senior Analyst in Pune

Full Time

Risk Management & Compliance Department

3.0

• posted on 10 Sep 2023

3.0

for Salary and Benefits

Likes

Flexible working hours, Skill development internal platforms or training tools, Self awareness sessions organised by HRBPs

Skill development - Excellent

+2 more

Dislikes

1. No Salary increment from last 4 years in any department, 2. Multiple manager hierarchy, 3. Unnecessary internal PF process, 4. Benefits like Internet bill reimbursement are only on paper, 5. Rude hiring HRs (Negotiate as higher as possible while joining only, because once you join in- you'll not get anything) 6. Unskilled managers or management (not all but some), 7. Appreciations happen only on email, the rewards system (money based) stopped from Q1 2023, you'll get certificates to post on social media/LinkedIn 😁 8. Quarterly bonus will be received only if "whole team" performs better & if your client is 100% happy. Else, forget it. (It doesn't matter how smart/hard you worked

Promotions - Bad

Financial Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Jun 2023

1.0

for Salary and Benefits

Likes

There is no good things about company

Dislikes

I had been working with mphasis from 2.5 year since I joined I siding get any benifits apart from salary and management as worst TL’s (Geethamma SH, SriRanjini,Saravanan) are behave like managers and they won’t let employees to work peacefully. HR (Ashwini david) also worst like anything she won’t bother about employees concern. Overall not at all good experience.

Salary - Bad

+6 more

Process Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 05 Jun 2022

1.0

for Salary and Benefits

Likes

Culture in the company is good and they have multiple business LOB's and if you are lucky you can be moved to another business through other programs.

Job security - Good

Dislikes

...ssue perks like other companies. No night shift allowance and no food allowance. Cab available however a certain amount will be deducted from your salary every month.

Salary - Bad

+4 more

Process Associate in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 19 May 2022

4.0

for Salary and Benefits

Likes

...t & culture . Team leader also very supportive. & The management is transparent. Company policies are good , the give good salary hike & appraisal every year.

Salary - Good

+6 more

Dislikes

Salary is decent but career growth is slow.

Senior Associate in Pune

Full Time

Procurement & Supply Chain Department

5.0

• posted on 18 Dec 2020

5.0

for Salary and Benefits

Likes

For the early phase company provided additional amount as Hardship allowances in the salary which really helped me to do some food donations and other things. I worked more than working hours to meet my goals and then have donated other remaining money to needy people.

Salary - Excellent

+6 more

Dislikes

There is nothing to dislike. Everytime I entered I felt secure.

see more salary related reviews

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Request for Job Referral or Guidance

Hi , I hope you're doing well! I am fresher , and I am a 2024 BE(CSE) graduate currently looking for an entry-level position. I am skilled in Python, SQL, web technologies, and Django, and I’m eager to apply my knowledge in a professional setting. As a fresher, I am open to any role that will help me grow and learn. If you know of any job openings or can provide any referrals or guidance, I would greatly appreciate it. Thank you for your time . TCS Cognizant Kumaran Systems Zoho Infinite Computer Solutions AccentureVirtusa Consulting Services Oracle IBM Mphasis LTIMindtree Capgemini AVASOFT Genpact Maveric Systems Wipro HCLTech Hexaware Technologies Tech Mahindra StartupLanes Freshworks UST Intel Ramco Systems JPMorgan Chase & Co. #fresher#it#developer#hr

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Mphasis Reconciliation Analyst Salary FAQs

What is the salary of Reconciliation Analyst at Mphasis ?

The average salary of a Reconciliation Analyst at Mphasis in India typically ranges from ₹2.2 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Reconciliation Analyst at Mphasis earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Reconciliation Analyst Salaries at Mphasis 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 Mphasis employees in India.

What is the estimated take home salary of a Reconciliation Analyst at Mphasis in India?

The estimated take-home salary of a Reconciliation Analyst at Mphasis in India typically ranges from ₹22,401 to ₹23,879 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 Mphasis. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mphasis for Reconciliation Analyst in India?

FIS	₹2.9 Lakhs to ₹13.2 Lakhs per year
Societe Generale Global Solution Centre	₹3.5 Lakhs to ₹7.5 Lakhs per year
NTT Data	₹4.4 Lakhs to ₹4.7 Lakhs per year
Hexaware Technologies	₹1.8 Lakhs to ₹6.5 Lakhs per year
HCLTech	₹2.0 Lakhs to ₹4.2 Lakhs per year

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

What is the salary of a Reconciliation Analyst in companies similar to Mphasis in India?

The salary of a Reconciliation Analyst at companies similar to Mphasis in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TCS	₹2.0 Lakhs to ₹4.0 Lakhs per year
eClerx	₹2.4 Lakhs to ₹3.0 Lakhs per year
Wipro	₹1.5 Lakhs to ₹4.5 Lakhs per year
Coforge	₹2.0 Lakhs to ₹3.1 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 Reconciliation Analyst at Mphasis in India?

The salary growth for a Reconciliation Analyst at Mphasis depends on factors such as experience, performance, and promotions. On average, a Reconciliation Analyst can expect the following growth trajectory at Mphasis:

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹2.6 Lakhs per year
2 years	₹1.1 Lakhs to ₹3.1 Lakhs per year
3 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
4 years	₹4.0 Lakhs to ₹4.0 Lakhs per year

and so on.

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Mphasis Reconciliation Analyst Salaries

Mphasis Reconciliation Analyst salary in India ranges between ₹2.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mphasis latest salaries received from various employees of Mphasis.