Olive Tex Silk Mills Accounts & Finance Manager Salaries by 4 Employees

21 - 23 years exp.

₹7.5 Lakhs - ₹8.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

37% less than the average Accounts & Finance Manager Salary for 21 - 23 years of experience

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Salaries in different departments

Strategic & Top Management Accounts & Finance Manager Salary 21 - 23 years exp. (3 salaries)	₹7.5 L/yr - ₹8.4 L/yr
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Finance & Accounting Accounts & Finance Manager Salary 21 years exp. (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.2 L/yr

Last Updated: 28 Apr 2023

Companies similar to Olive Tex Silk Mills for Accounts & Finance Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Accounts & Finance Manager Salary 2 - 19 years exp. (25 salaries)	₹8 L/yr - ₹21.6 L/yr 60% more
Teleperformance Accounts & Finance Manager Salary 8 - 16 years exp. (13 salaries)	₹6 L/yr - ₹17.6 L/yr 67% more
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HDB Financial Services Accounts & Finance Manager Salary 0 - 14 years exp. (9 salaries)	₹8.8 L/yr - ₹19 L/yr 78% more
EXL Service Accounts & Finance Manager Salary 10 - 17 years exp. (7 salaries)	₹7 L/yr - ₹17.3 L/yr 54% more
Optum Global Solutions Accounts & Finance Manager Salary 14 - 18 years exp. (7 salaries)	₹11 L/yr - ₹36.2 L/yr 218% more
Deloitte Accounts & Finance Manager Salary 6 - 20 years exp. (7 salaries)	₹12 L/yr - ₹30 L/yr 147% more
WNS Accounts & Finance Manager Salary 0 - 17 years exp. (6 salaries)	₹1.5 L/yr - ₹30 L/yr 93% more
Ernst & Young Accounts & Finance Manager Salary 7 - 15 years exp. (5 salaries)	₹7.2 L/yr - ₹16.9 L/yr 37% more
Cognizant Accounts & Finance Manager Salary 5 - 14 years exp. (5 salaries)	₹6 L/yr - ₹14.9 L/yr 75% more
HSBC Group Accounts & Finance Manager Salary 3 - 15 years exp. (5 salaries)	₹4.8 L/yr - ₹17 L/yr 42% more
FIS Accounts & Finance Manager Salary 8 - 18 years exp. (4 salaries)	₹14.6 L/yr - ₹55 L/yr 206% more
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ITC Infotech Accounts & Finance Manager Salary 15 - 19 years exp. (4 salaries)	₹9.6 L/yr - ₹12.2 L/yr 38% more

Accounts & Finance Manager salary at Olive Tex Silk Mills ranges between ₹7.5 Lakhs to ₹8.4 Lakhs per year for employees with experience between 21 years to 23 years. Salary estimates are based on 4 latest salaries received from various employees of Olive Tex Silk Mills.

Experience wise Olive Tex Silk Mills Accounts & Finance Manager salaries

Last Updated: 28 Apr 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹7.5 L/yr - ₹8.4 L/yr
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Similar Designation salaries in Olive Tex Silk Mills

Executive Accountant Salary

(5 salaries)

₹3 L/yr - ₹5.5 L/yr

Accountant Salary

(3 salaries)

₹2.4 L/yr - ₹6.1 L/yr

Accounts & Administration Executive Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Accountant Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Accounts Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

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Salary Discussions, Hike & Promotions

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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Olive Tex Silk Mills Accounts & Finance Manager Salary FAQs

What is the salary of Accounts & Finance Manager at Olive Tex Silk Mills ?

The average salary of a Accounts & Finance Manager at Olive Tex Silk Mills in India typically ranges from ₹7.5 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 21 years to 23 years).

The top 10% of Accounts & Finance Manager at Olive Tex Silk Mills earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. Accounts & Finance Manager Salaries at Olive Tex Silk Mills 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 Olive Tex Silk Mills employees in India.

What is the estimated take home salary of a Accounts & Finance Manager at Olive Tex Silk Mills in India?

The estimated take-home salary of a Accounts & Finance Manager at Olive Tex Silk Mills in India typically ranges from ₹60,171 to ₹61,693 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 21 years to 23 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 Olive Tex Silk Mills. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Olive Tex Silk Mills for Accounts & Finance Manager in India?

Optum Global Solutions	₹11.0 Lakhs to ₹36.2 Lakhs per year
FIS	₹14.6 Lakhs to ₹55.0 Lakhs per year
Deloitte	₹12.0 Lakhs to ₹30.0 Lakhs per year
WNS	₹1.5 Lakhs to ₹30.0 Lakhs per year
HDB Financial Services	₹8.8 Lakhs to ₹19.0 Lakhs per year

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

What is the salary of a Accounts & Finance Manager in companies similar to Olive Tex Silk Mills in India?

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

Cognizant	₹6.0 Lakhs to ₹14.9 Lakhs per year
Teleperformance	₹6.0 Lakhs to ₹17.6 Lakhs per year
Reliance Retail	₹8.0 Lakhs to ₹21.6 Lakhs per year
EXL Service	₹7.0 Lakhs to ₹17.3 Lakhs per year
HSBC Group	₹4.8 Lakhs to ₹17.0 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 Accounts & Finance Manager at Olive Tex Silk Mills in India?

The salary growth for a Accounts & Finance Manager at Olive Tex Silk Mills depends on factors such as experience, performance, and promotions. On average, a Accounts & Finance Manager can expect the following growth trajectory at Olive Tex Silk Mills:

Experience	Average Salary Range
15 years	₹7.5 Lakhs to ₹8.4 Lakhs per year

and so on.

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Olive Tex Silk Mills Accounts & Finance Manager Salaries

Olive Tex Silk Mills Accounts & Finance Manager salary in India ranges between ₹7.5 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Olive Tex Silk Mills latest salaries received from various employees of Olive Tex Silk Mills.