Servomax India Executive Accountant Salaries by 6 Employees

0 - 3 years exp.

₹2.8 Lakhs - ₹3.5 Lakhs

Salary of majority employees

13% less than the average Executive Accountant Salary in Industrial Machinery Companies for 0 - 3 years of experience

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Last Updated: 15 Feb 2024

Companies similar to Servomax India for Executive Accountant

Company name	Avg Annual Salary	Open Jobs
Ajay Industrial Corporation Executive Accountant Salary 2 - 7 years exp. (17 salaries)	₹1.9 L/yr - ₹4.4 L/yr 24% more
Rotostat Services Executive Accountant Salary 3 - 7 years exp. (12 salaries)	₹2 L/yr - ₹4 L/yr 1% more
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Mehta Cad Cam Systems Executive Accountant Salary 3 - 9 years exp. (11 salaries)	₹2.4 L/yr - ₹3.7 L/yr 4% more
Mtandt Executive Accountant Salary 0 - 11 years exp. (9 salaries)	₹2.8 L/yr - ₹5.3 L/yr 32% more	1 job opening
Sparkline Equipments Executive Accountant Salary 4 - 6 years exp. (9 salaries)	₹3.1 L/yr - ₹3.4 L/yr 10% more
Danblock Brakes Executive Accountant Salary 2 - 5 years exp. (7 salaries)	₹2.9 L/yr - ₹4.5 L/yr 18% more
DMI DRAEXLMAIER MANUFACTURING Executive Accountant Salary 5 - 8 years exp. (7 salaries)	₹5.2 L/yr - ₹6.7 L/yr 98% more
Sieger Spintech Equipments Executive Accountant Salary 4 - 8 years exp. (6 salaries)	₹2.8 L/yr - ₹4 L/yr 8% more
MITA Executive Accountant Salary 3 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.1 L/yr 5% more
ZTT India Executive Accountant Salary 2 - 4 years exp. (5 salaries)	₹2.5 L/yr - ₹4 L/yr 32% more
Goma Engineering Executive Accountant Salary 6 - 8 years exp. (5 salaries)	₹2.9 L/yr - ₹3.6 L/yr 9% more
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The Acetech Machinery Components Executive Accountant Salary 7 - 10 years exp. (5 salaries)	₹4 L/yr - ₹4.8 L/yr 54% more
Trelleborg Executive Accountant Salary 4 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3.6 L/yr 9% more
Sidel Executive Accountant Salary 7 - 12 years exp. (4 salaries)	₹5.9 L/yr - ₹7.5 L/yr 122% more
PMT Machines Executive Accountant Salary 0 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3.1 L/yr 18% less
Misumi Executive Accountant Salary 0 - 15 years exp. (4 salaries)	₹3 L/yr - ₹6 L/yr 64% more
HMT Machine Tools Executive Accountant Salary 1 - 8 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 24% less
KHD Humboldt Wedag Executive Accountant Salary 2 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 46% more
Valmont Structures Executive Accountant Salary 6 - 10 years exp. (3 salaries)	₹4 L/yr - ₹8.2 L/yr 83% more
Shirodkar Preci Comp Executive Accountant Salary 3 - 9 years exp. (3 salaries)	₹1.8 L/yr - ₹6.5 L/yr 47% more

Executive Accountant salary at Servomax India ranges between ₹2.8 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Servomax India.

Experience wise Servomax India Executive Accountant salaries

Last Updated: 15 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.3 L/yr
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.3 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr

Similar Designation salaries in Servomax India

Accounts Manager Salary

(3 salaries)

₹6 L/yr - ₹7.8 L/yr

Assistant Accounts Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Accounts Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Commercial Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Commercial Accountant Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Executive Finance & Accounts Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.7 L/yr

Senior Accountant Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Servomax India

1.0

Rated by 1 employees for salary & benefits

Senior Service Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

3.0

• posted on 09 Aug 2020

4.0

for Salary and Benefits

Likes

In company good work. Experience, culture also good. Company name was very papulated in India. Here benefits and facilities also good.

Salary - Good

+3 more

Dislikes

In here salary was late ,no job security, management also not good, EPF also proper time not paid. if resign not give salary due to clear the outstandings.

Job security - Poor

+1 more

Senior Service Engineer in Hyderabad / Secunderabad

Research & Development Department

5.0

• posted on 29 Jan 2018

3.0

for Salary and Benefits

Likes

I happy to that I am one of the family member of servomax company.it is INDIAS only one of largest Servo Stabilizers manufacturing company and it also includes manufacturing of Power saver's, Transformers,Power factor controllers,Electrical and electronic pannels,and IGBT static stabilizers.good respect from customers, regards service and products

Skill development - Good

+3 more

Dislikes

NILL

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Servomax India Executive Accountant Salary FAQs

What is the salary of Executive Accountant at Servomax India ?

The average salary of a Executive Accountant at Servomax India in India typically ranges from ₹2.8 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Executive Accountant at Servomax India earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Executive Accountant Salaries at Servomax India 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 6 Servomax India employees in India.

What is the estimated take home salary of a Executive Accountant at Servomax India in India?

The estimated take-home salary of a Executive Accountant at Servomax India in India typically ranges from ₹20,889 to ₹22,539 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 3 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 6 salaries received from various employees of Servomax India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Servomax India for Executive Accountant in India?

Sidel	₹5.9 Lakhs to ₹7.5 Lakhs per year
DMI DRAEXLMAIER MANUFACTURING	₹5.2 Lakhs to ₹6.7 Lakhs per year
Valmont Structures	₹4.0 Lakhs to ₹8.2 Lakhs per year
Misumi	₹3.0 Lakhs to ₹6.0 Lakhs per year
The Acetech Machinery Components	₹4.0 Lakhs to ₹4.8 Lakhs per year

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

What is the salary of a Executive Accountant in companies similar to Servomax India in India?

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

Shirodkar Preci Comp	₹1.8 Lakhs to ₹6.5 Lakhs per year
KHD Humboldt Wedag	₹3.5 Lakhs to ₹5.0 Lakhs per year
Mtandt	₹2.8 Lakhs to ₹5.3 Lakhs per year
ZTT India	₹2.5 Lakhs to ₹4.0 Lakhs per year
Ajay Industrial Corporation	₹1.9 Lakhs to ₹4.4 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 Executive Accountant at Servomax India in India?

The salary growth for a Executive Accountant at Servomax India depends on factors such as experience, performance, and promotions. On average, a Executive Accountant can expect the following growth trajectory at Servomax India:

Experience	Average Salary Range
Fresher	₹2.9 Lakhs to ₹5.3 Lakhs per year
1 year	₹2.9 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.8 Lakhs to ₹5.3 Lakhs per year
3 years	₹1.2 Lakhs to ₹3.5 Lakhs per year

and so on.

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Servomax India Executive Accountant Salaries

Servomax India Executive Accountant salary in India ranges between ₹2.8 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Servomax India latest salaries received from various employees of Servomax India.