Spencer's Retail Finance Manager Salaries by 4 Employees

2 - 13 years exp.

₹12.5 Lakhs - ₹19.5 Lakhs

Low Confidence

Salary of majority employees

6% less than the average Finance Manager Salary in Retail Companies for 2 - 13 years of experience

Interested in this particular role?

Last Updated: 2 May 2024

Companies similar to Spencer's Retail for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Fashion and Retail Finance Manager Salary 2 - 12 years exp. (13 salaries)	₹10.5 L/yr - ₹25 L/yr 16% more
Reliance Retail Finance Manager Salary 0 - 9 years exp. (79 salaries)	₹7.6 L/yr - ₹24.8 L/yr 13% less
Login to view exact salary
Shoppers Stop Finance Manager Salary 6 - 22 years exp. (4 salaries)	₹6 L/yr - ₹22 L/yr 19% less
DMart Finance Manager Salary 0 - 6 years exp. (8 salaries)	₹8.5 L/yr - ₹18.5 L/yr 30% less
Tesco Finance Manager Salary 7 - 17 years exp. (28 salaries)	₹13.8 L/yr - ₹50 L/yr 99% more
Landmark Group Finance Manager Salary 3 - 16 years exp. (19 salaries)	₹32.5 L/yr - ₹68.4 L/yr 161% more
LuLu Group International Finance Manager Salary 4 - 10 years exp. (16 salaries)	₹10 L/yr - ₹20 L/yr 4% more
Electronics Mart India Finance Manager Salary 4 - 11 years exp. (11 salaries)	₹2.4 L/yr - ₹3.7 L/yr 83% less
Titan Company Finance Manager Salary 5 - 18 years exp. (7 salaries)	₹18 L/yr - ₹23.3 L/yr 17% more
Bajaj Electronics Finance Manager Salary 1 - 9 years exp. (5 salaries)	₹1.8 L/yr - ₹5.8 L/yr 74% less
Target Finance Manager Salary 7 - 12 years exp. (4 salaries)	₹20 L/yr - ₹30 L/yr 57% more
Login to view exact salary
NIKE Finance Manager Salary 10 - 15 years exp. (4 salaries)	₹38 L/yr - ₹65 L/yr 213% more
Lowe's Finance Manager Salary 8 - 15 years exp. (4 salaries)	₹31.1 L/yr - ₹47 L/yr 141% more
Marks & Spencer Finance Manager Salary 7 - 10 years exp. (3 salaries)	₹6.8 L/yr - ₹15.3 L/yr 10% less

Finance Manager salary at Spencer's Retail ranges between ₹12.5 Lakhs to ₹19.5 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Finance Manager salaries

Last Updated: 2 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹13 L/yr
3 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
6 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
7 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
8 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
9 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr
10 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.4 L/yr
11 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹21.1 L/yr
12 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.8 L/yr
13 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹19.5 L/yr

View all

Similar Designation salaries in Spencer's Retail

Branch Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Sales Manager Salary

(4 salaries)

₹2 L/yr - ₹7.29 L/yr

Deputy Manager Salary

(3 salaries)

₹2.1 L/yr - ₹5.1 L/yr

Area Sales Manager Salary

(6 salaries)

₹20 L/yr - ₹40 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Business Finance Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Sales Officer Salary

(6 salaries)

₹1.2 L/yr - ₹3.8 L/yr

Team Lead Salary

(151 salaries)

₹1.25 L/yr - ₹4 L/yr

Accountant Salary

(7 salaries)

₹3.4 L/yr - ₹4.5 L/yr

Sales Executive Salary

(49 salaries)

₹0.96 L/yr - ₹3.15 L/yr

Top skills at Spencer's Retail for Finance Manager

Financial Control Financial Statements Audit Compliance Reconciliation Financial Planning Financial Accounting Statutory Audit FPA Financial Reporting

Salary related reviews for Spencer's Retail

3.0

Rated by 1 employees for salary & benefits

Team Lead in Lucknow

Fmcg,cash,staple,FNV Department

4.0

• posted on 24 Mar 2018

3.0

for Salary and Benefits

Likes

Spencer's company is very good for start your Career in Retail it is very good teacher ,but after that no need to stay in company more then 3 years

Skill development - Excellent

+4 more

Dislikes

Here nothing to dislike but growth was very slow for team Leader & above post as well as compensation is little bit less

Promotions - Poor

Senior Executive in Varanasi

Full Time

Research & Development Department

5.0

• posted on 29 Sep 2024

5.0

for Salary and Benefits

Likes

...people are keeping their relatives by doing politics and firing their employees. The company needs to pay attention to this.

Salary - Excellent

+5 more

Dislikes

There is politics going on at Spencer right now that is detrimental to the company.

Chief Administration Manager in Kolkata

Full Time

Administration & Facilities Department

2.0

• posted on 21 Jan 2024

4.0

for Salary and Benefits

Likes

...company. It was a much better organisation but destroyed by son of the promoter. You get your salary on time and in case you are joining new they will offer above the market price as no one wants to continue after 3 months of joining.

Salary - Good

Dislikes

It is a classic case of over zealous promoters destroying a business. Non competent son of the promoter thinks himself as God and all employees as piece of furniture. Management changes after every 3 years. Some CXOs leaves even before that. Every year people gets fired as cost cutting is the only tool for sustainability, as per the promoter. Do not join even if they offer a higher than market price also.

Skill development - Bad

+4 more

Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 05 Aug 2024

2.0

for Salary and Benefits

Likes

Good work life balance. On time salary.

Company culture - Good

+1 more

Dislikes

Inter Department politics. VP - BD thinks he is the owner of the company. Puts undue pressure on other departments to cover own department’s incompetence. Unethical approach towards work resulting in haphazard and rushed decisions. To quote Neerav Sejpal, “let’s get things done, if any thing crops up, let the company face after 10 years, we won’t be there then.”

Salary - Poor

+1 more

Commercial Executive And Sales Coordinator in Kolkata

Full Time

Finance & Accounting Department

2.0

• posted on 24 Jun 2022

2.0

for Salary and Benefits

Likes

Spencers do not fired any employee during lockdown and it credited salary within specific time,

Job security - Good

Dislikes

There is no motivational work and also here is no career growth untill you do butter oiling. Here is no increment even you do hard work. If you work hardly, but you can't do butter oiling, then you are not able to attract your senior, only the person who do the butter oiling properly, then he/she attract by seniors. Most of the employee give resign for this *NEPOTISM*

Salary - Poor

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

Got a question about Spencer's Retail?

Ask anonymously on communities.

Spencer's Retail Finance Manager Salary FAQs

What is the salary of Finance Manager at Spencer's Retail ?

The average salary of a Finance Manager at Spencer's Retail in India typically ranges from ₹12.5 Lakhs to ₹19.5 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Finance Manager at Spencer's Retail earn more than ₹19.5 Lakhs per year, and the top 1% earn over ₹19.5 Lakhs per year. Finance Manager Salaries at Spencer's Retail 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 Spencer's Retail employees in India.

What is the estimated take home salary of a Finance Manager at Spencer's Retail in India?

The estimated take-home salary of a Finance Manager at Spencer's Retail in India typically ranges from ₹1,10,618 to ₹1,13,683 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹19.5 Lakhs per year for employees with experience ranging from 2 years to 13 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 Spencer's Retail. 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 Spencer's Retail ?

To be a Finance Manager at Spencer's Retail in india, the key skills required include:

- Financial Control
- Financial Statements
- Audit Compliance
- Reconciliation
- Financial Planning

These skills are highly valued at Spencer's Retail and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Spencer's Retail for Finance Manager in India?

NIKE	₹38.0 Lakhs to ₹65.0 Lakhs per year
Landmark Group	₹32.5 Lakhs to ₹68.4 Lakhs per year
Lowe's	₹31.1 Lakhs to ₹47.0 Lakhs per year
Tesco	₹13.8 Lakhs to ₹50.0 Lakhs per year
Target	₹20.0 Lakhs to ₹30.0 Lakhs per year

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

What is the salary of a Finance Manager in companies similar to Spencer's Retail in India?

The salary of a Finance Manager at companies similar to Spencer's Retail in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Titan Company	₹18.0 Lakhs to ₹23.3 Lakhs per year
Aditya Birla Fashion and Retail	₹10.5 Lakhs to ₹25.0 Lakhs per year
LuLu Group International	₹10.0 Lakhs to ₹20.0 Lakhs per year
Marks & Spencer	₹6.8 Lakhs to ₹15.3 Lakhs per year
Reliance Retail	₹7.6 Lakhs to ₹24.8 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 Spencer's Retail in India?

The salary growth for a Finance Manager at Spencer's Retail depends on factors such as experience, performance, and promotions. On average, a Finance Manager can expect the following growth trajectory at Spencer's Retail:

Experience	Average Salary Range
2 years	₹12.5 Lakhs to ₹13.0 Lakhs per year
3 years	₹12.1 Lakhs to ₹15.5 Lakhs per year
4 years	₹5.6 Lakhs to ₹15.0 Lakhs per year
5 years	₹13.2 Lakhs to ₹16.9 Lakhs per year

and so on.

Tell us how to improve this page.

Spencer's Retail Finance Manager Salaries by Location

Home >
Salaries >
Spencer's Retail Salaries >
Spencer's Retail Finance Manager Salaries

Spencer's Retail Finance Manager salary in India ranges between ₹12.5 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spencer's Retail latest salaries received from various employees of Spencer's Retail.