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Siemens Finance Manager salaries in Mumbai

Annual salary range
4 - 15 years exp.
₹10.5 Lakhs - ₹17 Lakhs
Salary of majority employees
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20% less than the average Finance Manager Salary in Industrial Automation Companies for 4 - 15 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Siemens for Finance Manager in Mumbai

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Siemens Finance Manager Salary

4 - 15 years exp. (9 salaries)

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₹10.5 L/yr - ₹17 L/yr

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Company name Avg Annual Salary Open Jobs
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Reliance Retail Finance Manager Salary

0 - 8 years exp. (44 salaries)

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₹9 L/yr - ₹19.2 L/yr

arrow icon 3% less
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Hindustan Unilever Finance Manager Salary

2 - 10 years exp. (34 salaries)

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₹20.7 L/yr - ₹45 L/yr

arrow icon 140% more
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ICICI Bank Finance Manager Salary

0 - 6 years exp. (33 salaries)

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₹6.1 L/yr - ₹20 L/yr

arrow icon 17% less
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₹10.2 L/yr - ₹20.2 L/yr

arrow icon 6% more
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Bharat Petroleum Finance Manager Salary

5 - 9 years exp. (30 salaries)

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₹20 L/yr - ₹48 L/yr

arrow icon 132% more
Finance Manager salary at Siemens ranges between ₹10.5 Lakhs to ₹17 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 9 latest salaries received from various employees of Siemens.

Experience wise Siemens Finance Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹13.1 L/yr - ₹16.8 L/yr
5 years (AmbitionBox Estimate)

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₹13.1 L/yr - ₹16.7 L/yr
6 years (AmbitionBox Estimate)

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₹13.1 L/yr - ₹16.7 L/yr
7 years (AmbitionBox Estimate)

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₹13 L/yr - ₹16.6 L/yr
8 years (AmbitionBox Estimate)

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₹13 L/yr - ₹16.6 L/yr
View all

Similar Designation salaries in Siemens

Sales Manager Salary
(26 salaries)
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₹10 L/yr - ₹23.5 L/yr
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₹6.5 L/yr - ₹14.44 L/yr
Deputy Manager Salary
(3 salaries)
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₹8 L/yr - ₹17.1 L/yr

Top skills at Siemens for Finance Manager

IFRS Contract Management SAP Healthcare Claims Business operations Gap Analysis Automation Project Management Operations Issue resolution Cost Planning Siemens Balance Sheet Revenue Recognition

Salary related reviews for Siemens

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 18 Dec 2023

3.0
 for  Salary and Benefits

Likes

Pros: Siemens has great technology to work on and to learn. Also management focuses largely on learning new skills, technologies, remain relevant in market.

read more
  • Skill development - Good
  • +3 more

Dislikes

...no body takes responsibility. Getting work done internally is very challenging. Salary compensation is average, can't say it's low but fare.

read more

Sales & Business Development Department

4.0
  •  posted on 20 Nov 2020

3.0
 for  Salary and Benefits

Likes

One of the best company to work for.

  • Skill development - Good
  • +3 more

Dislikes

Career growth/opportunities and salary is very much less in the division/BU where I work for. Siemens doesn't maintain same structure in terms of growth, opportunity or salary across all departments/BU.

read more

Customer Success, Service & Operations Department

4.0
  •  posted on 23 Apr 2018

4.0
 for  Salary and Benefits

Likes

Since BPO had just taken off in India the company was looking after its employees well, package was good, we as young turks used to work like anything.

read more
  • Salary - Good
  • +4 more

Dislikes

After about 3years in the company growth stagnated, work style changed, another young turk was heading the process conflicts arises.

read more

Full Time

 · 

Strategic & Top Management Department

1.0
  •  posted on 11 Mar 2025

2.0
 for  Salary and Benefits

Likes

To be honest it is a very good organization, but you leave people not company. Department culture is pathetic

Dislikes

...t treated with respect and you need to put your self respect aside to work here. Salary is discussed after 6 months of joing. Job always at risk Culture of fear Very high attrition rate... Out of a team of 4, 5 resigned in 2 hears and HR didn't noticed it. Difficult to digest. Whistle blowers are always targeted and loose their jobs here

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 20 Feb 2025

3.0
 for  Salary and Benefits

Likes

Great work culture and work life balance, given additionally perks of working in product based company. Good Job security, very less layoffs.

read more
  • Skill development - Good
  • +4 more

Dislikes

Low salary hikes, hardly rare position level changes, long running products sometimes cause monotonous work

read more
  • Promotions - Poor
see more salary related reviews

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Siemens Finance Manager Salary FAQs

What is the salary of Finance Manager at Siemens in Mumbai?
The average salary of a Finance Manager at Siemens in Mumbai typically ranges from ₹10.5 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 4 years to 15 years).

The top 10% of Finance Manager in Mumbai at Siemens earn more than ₹15.8 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Finance Manager Salaries at Siemens 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 9 Siemens employees in India.
What is the estimated take home salary of a Finance Manager at Siemens in Mumbai?
The estimated take-home salary of a Finance Manager at Siemens in Mumbai typically ranges from ₹99,600 to ₹1,02,309 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 4 years to 15 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 9 salaries received from various employees of Siemens. 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 Siemens in Mumbai?
To be a Finance Manager at Siemens in Mumbai, the key skills required include:

  • - IFRS
  • - Contract Management
  • - SAP
  • - Healthcare
  • - Claims

These skills are highly valued at Siemens and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Siemens for Finance Manager in India?
Hindustan Unilever ₹20.7 Lakhs to ₹45.0 Lakhs per year
Bharat Petroleum ₹20.0 Lakhs to ₹48.0 Lakhs per year
Godrej & Boyce Manufacturing ₹10.2 Lakhs to ₹20.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Siemens, depending on the role and experience level.
What is the salary of a Finance Manager in companies similar to Siemens in Mumbai?
The salary of a Finance Manager at companies similar to Siemens in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Retail ₹9.0 Lakhs to ₹19.2 Lakhs per year
ICICI Bank ₹6.1 Lakhs to ₹20.0 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 Siemens in Mumbai?
The salary growth for a Finance Manager at Siemens in Mumbai depends on factors such as experience, performance, and promotions. On average, a Finance Manager in Mumbai can expect the following growth trajectory at Siemens:

Experience Average Salary Range
4 years ₹13.1 Lakhs to ₹16.8 Lakhs per year
5 years ₹13.1 Lakhs to ₹16.7 Lakhs per year
6 years ₹13.1 Lakhs to ₹16.7 Lakhs per year
7 years ₹13.0 Lakhs to ₹16.6 Lakhs per year
and so on.

Tell us how to improve this page.

Siemens Finance Manager salary in Mumbai ranges between ₹10.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Siemens latest salaries received from various employees of Siemens.