Sofomation Energy Finance Manager Salaries by 4 Employees (Updated 2024)

23 - 27 years exp.

₹6.3 Lakhs - ₹8.7 Lakhs

Low Confidence

Salary of majority employees

58% less than the average Finance Manager Salary in Power Companies for 23 - 27 years of experience

Interested in this particular role? 1 job opening

Last Updated: 9 Mar 2024

Companies similar to Sofomation Energy for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Petrofac Finance Manager Salary 11 - 21 years exp. (4 salaries)	₹25 L/yr - ₹1 Cr/yr 882% more
Worley Finance Manager Salary 9 - 10 years exp. (3 salaries)	₹14 L/yr - ₹28 L/yr 158% more
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Torrent Power Finance Manager Salary 13 - 23 years exp. (10 salaries)	₹17.5 L/yr - ₹29 L/yr 213% more	1 job opening
NTPC Finance Manager Salary 5 - 11 years exp. (9 salaries)	₹16.5 L/yr - ₹40 L/yr 355% more
Eaton Corporation Finance Manager Salary 15 - 22 years exp. (8 salaries)	₹18.7 L/yr - ₹63.2 L/yr 531% more
Adani Group Finance Manager Salary 7 - 19 years exp. (8 salaries)	₹13 L/yr - ₹20 L/yr 139% more
Suzlon Group Finance Manager Salary 13 - 20 years exp. (5 salaries)	₹11.6 L/yr - ₹12.6 L/yr 70% more
Tata Power Finance Manager Salary 1 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹19.6 L/yr 53% more
Reliance Power Finance Manager Salary 16 - 18 years exp. (3 salaries)	₹18 L/yr - ₹19.2 L/yr 161% more
Jakson Group Finance Manager Salary 2 - 11 years exp. (3 salaries)	₹14.9 L/yr - ₹17.5 L/yr 131% more
Doosan Power Systems Finance Manager Salary 15 - 25 years exp. (3 salaries)	₹12 L/yr - ₹20 L/yr 141% more
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Finance Manager salary at Sofomation Energy ranges between ₹6.3 Lakhs to ₹8.7 Lakhs per year for employees with experience between 23 years to 27 years. Salary estimates are based on 4 latest salaries received from various employees of Sofomation Energy.

Experience wise Sofomation Energy Finance Manager salaries

Last Updated: 9 Mar 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹6.3 L/yr - ₹8.7 L/yr
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Similar Designation salaries in Sofomation Energy

Area Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Accountant Salary

(3 salaries)

₹4.2 L/yr - ₹5.4 L/yr

Top skills at Sofomation Energy for Finance Manager

Costing Financial Analysis Financial Planning and Analysis Financial Reporting Budgeting Forecasting

Salary related reviews for Sofomation Energy

Resource Executive in Mumbai

Human Resources Department

1.0

• posted on 10 May 2022

1.0

for Salary and Benefits

Likes

They don't provide job security, they keep on threatening for confirmation letter.. they deduct your salary and don't share salary slip.. work pressure is too much. Team Leader keeps on threatening by saying you will not get confirmation letter.

Dislikes

Politics, salary deduction and late salary.

Senior Resource Consultant in Mumbai

Recruitment Department

5.0

• posted on 21 Sep 2019

4.0

for Salary and Benefits

Likes

Overall, the experience was very good, learned lots of things , supportive managers & colleagues. Work environment is good

Dislikes

Compensation can be good. However it depends upon market situation too... Overall a good company to work with.

Senior Resource Executive in Mumbai

HR Department

5.0

• posted on 06 Oct 2020

5.0

for Salary and Benefits

Likes

One of the Best company to work with. Timely appreciation to the employees. Working with Sofomation for 4.9 years was a great experience. Supportive Managers , colleagues and the overall staff has always made Sofomation a Best place to work. Once you join Sofomation you will get expertise in all the sectors of Recruitment. Working with Sofomation has always helped me in my career growth . Excellent Work Balance life.

Dislikes

Nothing as such

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Sofomation Energy Finance Manager Salary FAQs

What is the salary of Finance Manager at Sofomation Energy?

Finance Manager salary at Sofomation Energy in India ranges between ₹6.3 Lakhs to ₹8.7 Lakhs for experience between 23 years to 27 years. According to our estimates it is 58% less than the average Finance Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Sofomation Energy India.

How does the salary of a Finance Manager at Sofomation Energy India compare with the average salary range for this job?

The average salary of a Finance Manager at Sofomation Energy is 58% less than the average salary of a Finance Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Finance Manager at Sofomation Energy?

Costing, Financial Analysis, Financial Planning and Analysis, Financial Reporting and Budgeting are some of the popular skills required to work as a Finance Manager at Sofomation Energy India.

Which similar companies are paying more than Sofomation Energy to a Finance Manager in India?

Petrofac Finance Manager Salary - ₹25.0 Lakhs to ₹100.0 Lakhs per year
Eaton Corporation Finance Manager Salary - ₹18.7 Lakhs to ₹63.2 Lakhs per year
NTPC Finance Manager Salary - ₹16.5 Lakhs to ₹40.0 Lakhs per year
Torrent Power Finance Manager Salary - ₹17.5 Lakhs to ₹29.0 Lakhs per year
Reliance Power Finance Manager Salary - ₹18.0 Lakhs to ₹19.2 Lakhs per year

What is the salary of a Finance Manager in companies similar to Sofomation Energy in India?

Worley Finance Manager Salary - ₹14.0 Lakhs to ₹28.0 Lakhs per year
Doosan Power Systems Finance Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
Adani Group Finance Manager Salary - ₹13.0 Lakhs to ₹20.0 Lakhs per year
Jakson Group Finance Manager Salary - ₹14.9 Lakhs to ₹17.5 Lakhs per year
Suzlon Group Finance Manager Salary - ₹11.6 Lakhs to ₹12.6 Lakhs per year

What is the estimated take home salary of a Finance Manager at Sofomation Energy in India?

The estimated take-home salary of a Finance Manager at Sofomation Energy ranges between ₹53,629 per month to ₹54,965 per month in India. The take-home salary calculation is based on the average Sofomation Energy Finance Manager salary in India which ranges between ₹6.3 Lakhs to ₹8.7 Lakhs per year for employees with experience between 23 years to 27 years. Check how did we calculate take home salary?

What is the notice period for Finance Manager at Sofomation Energy?

According to AmbitionBox, 100% of the Sofomation Energy Finance Managers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Sofomation Energy Finance Manager Salaries

Sofomation Energy Finance Manager salary in India ranges between ₹6.3 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Sofomation Energy latest salaries received from various employees of Sofomation Energy.