Novel Jewels Mumbai Salaries by 40+ Employees (Updated 2025)

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Procurement & Supply Chain Merchandising, Retail & eCommerce Finance & Accounting Human Resources + 1 more

Designation	Avg Annual Salary	Open Jobs
Senior Corporate Finance Executive 7 years exp. · Mumbai (3 salaries)	₹8.1 L/yr - ₹10.4 L/yr
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Senior Category Manager 7 - 8 years exp. · Mumbai (AmbitionBox Estimate)	₹36.9 L/yr - ₹47.1 L/yr
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Senior Executive - Finance 7 years exp. · Mumbai (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
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Senior Manager Legal 14 - 15 years exp. · Mumbai (AmbitionBox Estimate)	₹32.2 L/yr - ₹41.1 L/yr
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Category Manager 6 - 7 years exp. · Mumbai (AmbitionBox Estimate)	₹33.3 L/yr - ₹42.6 L/yr
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Sourcing Manager 12 - 13 years exp. · Mumbai (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
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Payable Manager 10 - 11 years exp. · Mumbai (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr
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Retail Finance Manager 26 years exp. · Mumbai (AmbitionBox Estimate)	₹23 L/yr - ₹29.3 L/yr
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MIS Executive 7 years exp. · Mumbai (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Legal Manager 6 years exp. · Mumbai (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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Assistant Manager- Purchase 6 years exp. · Mumbai (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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Supply Chain Manager 10 years exp. · Mumbai (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr
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Analyst Fresher · Mumbai (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Assistant Manager Safety 5 years exp. · Mumbai (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
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Facility Manager 8 years exp. · Mumbai (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
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Senior Executive Quality Assurance 6 years exp. · Mumbai (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Senior Purchase Executive 6 years exp. · Mumbai (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
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Regional Training Manager 6 years exp. · Mumbai (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
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Management Trainee HR 2 years exp. · Mumbai (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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Retainer Advocate 1 year exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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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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Novel Jewels interview questions by designations

Operations Manager (1)Site Engineer (1)Store Manager (1)

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Novel Jewels Salary FAQs

How much does Novel Jewels pay to its employees?

The average annual salary at Novel Jewels varies depending on the role, experience, and location. The salary ranges for some popular designations at Novel Jewels, are as follows:

Senior Corporate Finance Executive	₹8.1 Lakhs to ₹10.4 Lakhs per year
Senior Category Manager	₹36.9 Lakhs to ₹47.1 Lakhs per year
Senior Executive - Finance	₹8.1 Lakhs to ₹10.4 Lakhs per year
Senior Manager Legal	₹32.2 Lakhs to ₹41.1 Lakhs per year

The highest-paying role, Legal Manager, earns between ₹18 Lakhs to ₹23 Lakhs per year. The top 10% of employees earn more than ₹35.5 Lakhs per year, and the top 1% earn over ₹57.9 Lakhs per year. Salaries at Novel Jewels 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 salary estimates are based on data from 40 salaries submitted by Novel Jewels employees. Novel Jewels is rated 3.2 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Novel Jewels , Mumbai is INR . Salary estimates are based on 40+ Novel Jewels latest salaries received from various employees of Novel Jewels.