Novartis Finance Manager Salaries by 10+ Employees (Updated 2025)

6 - 12 years exp.

₹20.6 Lakhs - ₹35 Lakhs

Salary of majority employees

Fixed (88%)

₹26.1 Lakhs

Variable (12%)

₹3.7 Lakhs

73% more than the average Finance Manager Salary in Pharma Companies for 6 - 12 years of experience

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Last Updated: 24 Jan 2025

Companies similar to Novartis for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Lupin Finance Manager Salary 0 - 14 years exp. (33 salaries)	₹10.1 L/yr - ₹25.5 L/yr 37% less
Piramal Group Finance Manager Salary 0 - 12 years exp. (28 salaries)	₹9 L/yr - ₹23 L/yr 43% less
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Abbott Finance Manager Salary 6 - 15 years exp. (26 salaries)	₹10.8 L/yr - ₹31.5 L/yr 27% less	1 job opening
Cipla Finance Manager Salary 3 - 15 years exp. (22 salaries)	₹9.8 L/yr - ₹30 L/yr 28% less
Sun Pharmaceutical Industries Finance Manager Salary 2 - 17 years exp. (20 salaries)	₹8.2 L/yr - ₹21.5 L/yr 41% less
Dr. Reddy's Finance Manager Salary 2 - 15 years exp. (19 salaries)	₹13 L/yr - ₹27.5 L/yr 33% less
Zydus Lifesciences Finance Manager Salary 6 - 15 years exp. (15 salaries)	₹13.3 L/yr - ₹25 L/yr 26% less
Agilent Technologies Finance Manager Salary 8 - 16 years exp. (11 salaries)	₹16 L/yr - ₹35 L/yr 19% less
Torrent Pharmaceuticals Finance Manager Salary 9 - 21 years exp. (10 salaries)	₹13.5 L/yr - ₹27 L/yr 30% less
Glenmark Pharmaceuticals Finance Manager Salary 6 - 11 years exp. (9 salaries)	₹10.8 L/yr - ₹29 L/yr 11% less

View all

Finance Manager salary at Novartis ranges between ₹20.6 Lakhs to ₹35 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 16 latest salaries received from various employees of Novartis.

Experience wise Novartis Finance Manager salaries

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹23 L/yr - ₹46.3 L/yr
7 years (AmbitionBox Estimate)	₹23 L/yr - ₹48.7 L/yr
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8 years (AmbitionBox Estimate)	₹22.1 L/yr - ₹51.2 L/yr
9 years (4 salaries)	₹20.6 L/yr - ₹32.5 L/yr
10 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹32.5 L/yr
11 years (4 salaries)	₹26 L/yr - ₹35 L/yr
12 years (AmbitionBox Estimate)	₹31 L/yr - ₹60.9 L/yr

View all

From

Finance Manager

6 - 12 years exp.

Senior Manager Finance

11 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Top skills at Novartis for Finance Manager

Variance Analysis Analytical Chemistry IT Operations Business Administration Information Technology Management Data Analysis Networking Financial operations Financial Analysis Financial Planning and Analysis Recruitment SAP BPC Continuous Improvement Budgeting

Salary related reviews for Novartis

5.0

Rated by 1 employees for salary & benefits

Team Lead in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

4.0

• posted on 18 Jan 2025

4.0

for Salary and Benefits

Likes

Work life balance is good for most of the teams. Good perks like pat leave is 6month, relaxed leave policy.

Salary - Good

+3 more

Dislikes

No scope to learn something new or ground breaking. Pay is below industry standards. Every 2-3 years they keep changing the process or team structures.

Manager in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

1.0

• posted on 02 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing much only salary is on time as per payroll calendar.

Dislikes

Late promotion cycles. Promotion and salary hikes are given to people closer to management. Favouritism to department managers play key role here in development

Salary - Bad

+5 more

Data Steward in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

5.0

• posted on 24 May 2024

5.0

for Salary and Benefits

Likes

Work life balance is amazing, tech is good, salary is great, benefits are great, company culture is awesome. Lot of involvement with business stakeholders gives exposure

Salary - Excellent

+3 more

Dislikes

Opportunities for growth are less, if someone is pure techie, may get disappointed with the kind of work. Some days pressure is a lot, while most other days are quite breezy.

Skill development - Poor

+1 more

Business Process Excellence Manager in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

5.0

• posted on 03 Oct 2024

5.0

for Salary and Benefits

Likes

Transparent Salary comparison with market. Learning and growing opportunities. Your voice is counted. Flexi working hours, good management providing regular updates. Supportive seniors.

Salary - Excellent

+6 more

Dislikes

Nothing as such in my area of work.

Senior Analyst in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

4.0

• posted on 17 Jun 2023

2.0

for Salary and Benefits

Likes

Unbossed culture (mostly) Flexible Timing (most of the teams)

Job security - Good

+2 more

Dislikes

1. TFG - Heavy cost-cutting. Clearly visible in various aspects 2. Sandoz division spin-off 3. Too much hiring from some orgs (ZS, IQVIA). People from those places bring & spread their toxic servicing client mentality (especially for IQVIA). Eventually this led to some sort of micro-management. 4. No free food. Paid food is overpriced and has no taste No cab for regular shift people. 5. SNOW - pathetic project creation tool. 6. Productivity goes for a toss as there are so many formalities 7. Promotion can be biased. have seen people climbing the ladder by organizing events.

Salary - Poor

+3 more

see more salary related reviews

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What people are saying about Novartis

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a snowflake developer

2w (edited)

Novartis Job Offer

Hi everyone, I have 3.6 years of IT experience and currently work at a service-based company in Pune. My current CTC is 14 LPA (13.5 LPA fixed). I recently received an offer from Novartis Hyderabad as Data Analyst level 3 with a CTC of 19.9 LPA (18.3 LPA fixed). Is this a good offer, or is it on the lower side for my experience? Would appreciate your suggestions! Any answers from people working at Novartis pls ?

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Novartis Finance Manager Salary FAQs

What is the salary of Finance Manager at Novartis ?

The average salary of a Finance Manager at Novartis in India typically ranges from ₹20.6 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 6 years to 12 years).

The top 10% of Finance Manager at Novartis earn more than ₹34.8 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Finance Manager Salaries at Novartis 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 10+ Novartis employees in India.

What is the estimated take home salary of a Finance Manager at Novartis in India?

The estimated take-home salary of a Finance Manager at Novartis in India typically ranges from ₹1,83,864 to ₹1,91,040 per month. This is based on the average salary range of ₹20.6 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 6 years to 12 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 10+ salaries received from various employees of Novartis. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Finance Manager at Novartis ?

To be a Finance Manager at Novartis in india, the key skills required include:

- Variance Analysis
- Analytical Chemistry
- IT Operations
- Business Administration
- Information Technology

These skills are highly valued at Novartis and are crucial for successful performance in a Software Engineering role.

What is the salary of a Finance Manager in companies similar to Novartis in India?

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

Viatris	₹20.0 Lakhs to ₹38.7 Lakhs per year
Danaher	₹22.3 Lakhs to ₹37.6 Lakhs per year
Glenmark Pharmaceuticals	₹10.8 Lakhs to ₹29.0 Lakhs per year
GlaxoSmithKline Pharmaceuticals	₹24.0 Lakhs to ₹30.0 Lakhs per year
Novo Nordisk	₹21.0 Lakhs to ₹35.0 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 Finance Manager at Novartis in India?

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

Experience	Average Salary Range
6 years	₹23.0 Lakhs to ₹46.3 Lakhs per year
7 years	₹23.0 Lakhs to ₹48.7 Lakhs per year
8 years	₹22.1 Lakhs to ₹51.2 Lakhs per year
9 years	₹20.6 Lakhs to ₹32.5 Lakhs per year

and so on.

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Novartis Finance Manager Salaries

Novartis Finance Manager salary in India ranges between ₹20.6 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Novartis latest salaries received from various employees of Novartis.