Spandana Sphoorty Financial Executive Accountant Salaries by 8 Employees

0 - 4 years exp.

₹1.6 Lakh - ₹3.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

31% less than the average Executive Accountant Salary in NBFC Companies for 0 - 4 years of experience

Interested in this particular role?

Last Updated: 14 Mar 2023

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Executive Accountant salary at Spandana Sphoorty Financial ranges between ₹1.6 Lakh to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Executive Accountant salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
3 years (3 salaries)	₹2.1 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

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Top skills at Spandana Sphoorty Financial for Executive Accountant

Accounting Brs Accounts Payable Accounts Receivable

Salary related reviews for Spandana Sphoorty Financial

3.6

Rated by 3 employees for salary & benefits

Accountant in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 20 Oct 2023

3.0

for Salary and Benefits

Likes

I am proud to feel worked on spandana

Skill development - Excellent

+4 more

Dislikes

I worked in spandana 5.8 years but my salary with variable 3.2 lak per anum in my side give small suggestion for management please think about old employees for salaries hike so many employees completed in spandana 4 or 5 years but salaries 3 to 3.5 lak per anum they didn't get any holes and pramotion for that senior employees in freshers giving 3 laks above in that freshers don't have any experience but giving salaries 3 lakhs above what is the difference about experienced employees and freshers both are getting same salaries I am requesting think about senior employees

Credit Assistant in Yemmiganur

Full Time

Finance & Accounting Department

1.0

• posted on 07 Apr 2023

2.0

for Salary and Benefits

Likes

Nothing good in the company after PADAMAJA REDDY Quit

Dislikes

Become worst after change of management from PADMAJA REDDY MADAM Salary was reduced only for CA's from 25k to 18k NO extra TA giving in that No dining allowance They just continously putting pressure on employees to achieve uneven targets WORST WORST WORST Working hours No work life balance in this company there only WORK NO LIFE NOTHING Even you should work on Sundays also Employees should start working from 6am to night 10pm even more sometimes Employees not getting enough pay for their work Spandana without PADMAJA REDDY MADAM is like he'll No employees security nothing They just seeking their profits Every Employee in the company watched how they removed MADAM from the company

Salary - Poor

+5 more

Credit Assistant in Kurnool

Full Time

Finance & Accounting Department

5.0

• posted on 18 Nov 2021

5.0

for Salary and Benefits

Likes

Best salary in mfi's,management takes very much care about employees.Time to time salary will be credited

Salary - Excellent

+5 more

Dislikes

Leaves and working timings but these the working timings in every mfi.Compared to other companies TA also very high

Work-life balance - Bad

Credit Assistant in Malkapur

BFSI, Investments & Trading Department

5.0

• posted on 29 May 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company Policies are good, appraisals are fair and they give good salary hole and bonus every year.

Salary - Excellent

+6 more

Dislikes

No excuse

Internal Auditor in Hyderabad / Secunderabad

Finance & Accounting Department

5.0

• posted on 01 Feb 2022

4.0

for Salary and Benefits

Likes

I learn many things from this company related to my post and i also learned from this company" fields and office work".

Salary - Good

+4 more

Dislikes

Average salary and less leaves with over time working and no respect from the employees.

see more salary related reviews

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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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Spandana Sphoorty Financial Executive Accountant Salary FAQs

What is the salary of Executive Accountant at Spandana Sphoorty Financial ?

The average salary of a Executive Accountant at Spandana Sphoorty Financial in India typically ranges from ₹1.6 Lakhs to ₹3.7 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Executive Accountant at Spandana Sphoorty Financial earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Executive Accountant Salaries at Spandana Sphoorty Financial 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 8 Spandana Sphoorty Financial employees in India.

What is the estimated take home salary of a Executive Accountant at Spandana Sphoorty Financial in India?

The estimated take-home salary of a Executive Accountant at Spandana Sphoorty Financial in India typically ranges from ₹16,105 to ₹17,768 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from Fresher to 4 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 8 salaries received from various employees of Spandana Sphoorty Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Executive Accountant at Spandana Sphoorty Financial ?

To be a Executive Accountant at Spandana Sphoorty Financial in india, the key skills required include:

- Accounting
- Brs
- Accounts Payable
- Accounts Receivable

These skills are highly valued at Spandana Sphoorty Financial and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Spandana Sphoorty Financial for Executive Accountant in India?

Sammaan Capital Limited	₹3.0 Lakhs to ₹6.5 Lakhs per year
Bharat Financial Inclusion	₹1.8 Lakhs to ₹7.5 Lakhs per year
Mahindra Finance	₹1.7 Lakhs to ₹5.3 Lakhs per year
LendingKart	₹3.0 Lakhs to ₹4.1 Lakhs per year
SMFG India Credit	₹2.5 Lakhs to ₹4.1 Lakhs per year

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

What is the salary of a Executive Accountant in companies similar to Spandana Sphoorty Financial in India?

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

Sundaram Finance	₹3.0 Lakhs to ₹4.0 Lakhs per year
Manappuram Finance	₹1.8 Lakhs to ₹4.5 Lakhs per year
John Deere Financial	₹3.0 Lakhs to ₹3.1 Lakhs per year
Bajaj Finance	₹1.8 Lakhs to ₹4.5 Lakhs per year
PNB Housing Finance	₹2.6 Lakhs to ₹3.0 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 Executive Accountant at Spandana Sphoorty Financial in India?

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

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹1.8 Lakhs per year
1 year	₹1.6 Lakhs to ₹2.1 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
3 years	₹2.1 Lakhs to ₹3.5 Lakhs per year

and so on.

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Spandana Sphoorty Financial Executive Accountant Salaries

Spandana Sphoorty Financial Executive Accountant salary in India ranges between ₹1.6 Lakh to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.