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

11 - 18 years exp.

₹26 Lakhs - ₹49 Lakhs

Salary of majority employees

Fixed (86%)

₹32.7 Lakhs

Variable (14%)

₹5.1 Lakhs

40% more than the average Senior Manager Finance Salary in Pharma Companies for 11 - 18 years of experience

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Last Updated: 8 Mar 2025

Companies similar to Novartis for Senior Manager Finance

Company name	Avg Annual Salary	Open Jobs
Cipla Senior Manager Finance Salary 4 - 12 years exp. (23 salaries)	₹20 L/yr - ₹32.3 L/yr 32% less
Abbott Senior Manager Finance Salary 7 - 19 years exp. (16 salaries)	₹35.5 L/yr - ₹54 L/yr 17% more
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Viatris Senior Manager Finance Salary 8 - 13 years exp. (15 salaries)	₹21.5 L/yr - ₹40 L/yr 8% less
Lupin Senior Manager Finance Salary 14 - 18 years exp. (12 salaries)	₹30 L/yr - ₹40.3 L/yr 3% less
Sun Pharmaceutical Industries Senior Manager Finance Salary 7 - 15 years exp. (10 salaries)	₹20 L/yr - ₹28 L/yr 32% less
GlaxoSmithKline Pharmaceuticals Senior Manager Finance Salary 11 - 14 years exp. (8 salaries)	₹31 L/yr - ₹42.7 L/yr 6% more
Dr. Reddy's Senior Manager Finance Salary 5 - 9 years exp. (6 salaries)	₹29 L/yr - ₹31 L/yr 20% less
Sanofi Senior Manager Finance Salary 12 - 17 years exp. (6 salaries)	₹28.1 L/yr - ₹51 L/yr 16% more
Aurobindo Pharma Senior Manager Finance Salary 7 - 12 years exp. (5 salaries)	₹20 L/yr - ₹22 L/yr 46% less
MSD Pharmaceuticals Senior Manager Finance Salary 10 - 14 years exp. (5 salaries)	₹39.5 L/yr - ₹47.3 L/yr 14% more
Piramal Group Senior Manager Finance Salary 5 - 20 years exp. (4 salaries)	₹11.5 L/yr - ₹15 L/yr 64% less
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Akums Drugs & Pharmaceuticals Limited Senior Manager Finance Salary 8 - 10 years exp. (4 salaries)	₹21 L/yr - ₹23 L/yr 43% less
Zydus Lifesciences Senior Manager Finance Salary 12 - 15 years exp. (3 salaries)	₹13.5 L/yr - ₹26 L/yr 53% less
Glenmark Pharmaceuticals Senior Manager Finance Salary 19 - 28 years exp. (3 salaries)	₹27 L/yr - ₹27.1 L/yr 29% less
Novo Nordisk Senior Manager Finance Salary 12 - 25 years exp. (3 salaries)	₹37.1 L/yr - ₹60 L/yr 28% more
Alkem Laboratories Senior Manager Finance Salary 5 - 7 years exp. (3 salaries)	₹23 L/yr - ₹32 L/yr 30% less

Senior Manager Finance salary at Novartis ranges between ₹26 Lakhs to ₹49 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 16 latest salaries received from various employees of Novartis.

Experience wise Novartis Senior Manager Finance salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹28 L/yr - ₹65 L/yr
12 years (AmbitionBox Estimate)	₹33 L/yr - ₹39.3 L/yr
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13 years (AmbitionBox Estimate)	₹33 L/yr - ₹39.8 L/yr
14 years (3 salaries)	₹33 L/yr - ₹46.2 L/yr
15+ years (8 salaries)	₹26 L/yr - ₹49 L/yr

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Finance Manager Salary

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Finance Executive Salary

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₹1.95 L/yr - ₹3.8 L/yr

Finance Specialist Salary

(7 salaries)

₹7 L/yr - ₹13.18 L/yr

Manager Legal & Compliance Salary

(6 salaries)

₹23.3 L/yr - ₹30 L/yr

Executive Accountant Salary

(5 salaries)

₹3 L/yr - ₹8 L/yr

Process Developer Salary

(5 salaries)

₹3 L/yr - ₹6 L/yr

Senior Payroll Specialist Salary

(4 salaries)

₹18.55 L/yr - ₹21.65 L/yr

Top skills at Novartis for Senior Manager Finance

Technical Support Automation Business Process Re - engineering Operations Continuous Improvement Change Management Analytics Customer Service Subject Matter Expertise Healthcare

Salary related reviews for Novartis

3.9

Rated by 3 employees for salary & benefits

Financial Analyst in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

3.0

• posted on 21 Feb 2023

2.0

for Salary and Benefits

Likes

Only office campus

Company culture - Good

Dislikes

It's been 4 months since i joined this company. And i am already fed up. They demand you to work like machine on less salary. You have your own work but manager passes on his work also to you. There is nothing like work life balance here. Only work is all that you have here even after office hours you only have work to think about. So much pressure they put upon you. You are also responsible for the things that are not under your control. If your only life goal is to work like machine with no personal life then you can go for this company. And if you are the type of person who prefers peace over money then please stay away from this.

Salary - Poor

+2 more

Java Developer in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 28 Mar 2025

4.0

for Salary and Benefits

Likes

The focus is on team success, not on internal competition, creating a cooperative and harmonious work environment No room for office politics here!As a recent graduate, I couldn’t have asked for a better place to start my career The company is invested in its employees' longterm success, providing mentorship and leadership programs

Salary - Good

+6 more

Dislikes

...mental health support Ample PTO and vacation days make it easy to take time off when needed, without the stress of losing pay

Java Developer in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 27 Mar 2025

4.0

for Salary and Benefits

Likes

The company’s vacation policy is one of the best, allowing employees to recharge and enjoy time off without the stress of limited days Leadership development programs not only help employees grow but also recognize their achievements, promoting a culture of appreciation A diverse team means a variety of perspectives, which leads to more creative solutions and a collaborative environment

Salary - Good

+6 more

Dislikes

The company’s focus on overall employee wellness includes mental health days, counseling support, and stress management resources The pay package is impressive, and the company offers bonuses, health insurance, and retirement savings options that make it a fantastic place to build your career

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

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 Senior Manager Finance Salary FAQs

What is the salary of Senior Manager Finance at Novartis ?

The average salary of a Senior Manager Finance at Novartis in India typically ranges from ₹26.0 Lakhs to ₹49.0 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Senior Manager Finance at Novartis earn more than ₹47.8 Lakhs per year, and the top 1% earn over ₹49.0 Lakhs per year. Senior Manager Finance 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 Senior Manager Finance at Novartis in India?

The estimated take-home salary of a Senior Manager Finance at Novartis in India typically ranges from ₹2,26,847 to ₹2,35,967 per month. This is based on the average salary range of ₹26.0 Lakhs to ₹49.0 Lakhs per year for employees with experience ranging from 11 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 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 Senior Manager Finance at Novartis ?

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

- Technical Support
- Automation
- Business Process Re - engineering
- Operations
- Continuous Improvement

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

Which companies offer higher salaries than Novartis for Senior Manager Finance in India?

Novo Nordisk	₹37.1 Lakhs to ₹60.0 Lakhs per year
Abbott	₹35.5 Lakhs to ₹54.0 Lakhs per year
Sanofi	₹28.1 Lakhs to ₹51.0 Lakhs per year
MSD Pharmaceuticals	₹39.5 Lakhs to ₹47.3 Lakhs per year
GlaxoSmithKline Pharmaceuticals	₹31.0 Lakhs to ₹42.7 Lakhs per year

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

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

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

Lupin	₹30.0 Lakhs to ₹40.3 Lakhs per year
Viatris	₹21.5 Lakhs to ₹40.0 Lakhs per year
Dr. Reddy's	₹29.0 Lakhs to ₹31.0 Lakhs per year
Glenmark Pharmaceuticals	₹27.0 Lakhs to ₹27.1 Lakhs per year
Alkem Laboratories	₹23.0 Lakhs to ₹32.0 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 Senior Manager Finance at Novartis in India?

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

Experience	Average Salary Range
11 years	₹28.0 Lakhs to ₹65.0 Lakhs per year
12 years	₹33.0 Lakhs to ₹39.3 Lakhs per year
13 years	₹33.0 Lakhs to ₹39.8 Lakhs per year
14 years	₹33.0 Lakhs to ₹46.2 Lakhs per year

and so on.

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Novartis Senior Manager Finance Salaries

Novartis Senior Manager Finance salary in India ranges between ₹26 Lakhs to ₹49 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Novartis latest salaries received from various employees of Novartis.