Tata Steel Finance Manager Salaries by 40+ Employees (Updated 2024)

1 - 9 years exp.

₹9.5 Lakhs - ₹21 Lakhs

Salary of majority employees

At par with the average Finance Manager Salary in Iron & Steel Companies for 1 - 9 years of experience

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Last Updated: 29 Nov 2024

Companies similar to Tata Steel for Finance Manager

Company name	Avg Annual Salary	Open Jobs
JSW Steel Finance Manager Salary 4 - 11 years exp. (5 salaries)	₹15 L/yr - ₹27 L/yr 28% more	1 job opening
Vedanta Limited Finance Manager Salary 0 - 10 years exp. (5 salaries)	₹8.3 L/yr - ₹34 L/yr 27% more
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Hindalco Industries Finance Manager Salary 7 - 9 years exp. (4 salaries)	₹10 L/yr - ₹13 L/yr 25% less
Jindal Steel and Power Finance Manager Salary 8 - 20 years exp. (7 salaries)	₹8 L/yr - ₹22.5 L/yr 9% less
Steel Authority Of India Finance Manager Salary 8 - 10 years exp. (4 salaries)	₹15 L/yr - ₹28 L/yr 30% more
Aditya Birla Group Finance Manager Salary 0 - 9 years exp. (12 salaries)	₹16 L/yr - ₹47.2 L/yr 65% more
ArcelorMittal Nippon Steel Finance Manager Salary 0 - 14 years exp. (7 salaries)	₹9 L/yr - ₹16 L/yr 15% less
ArcelorMittal Finance Manager Salary 6 - 17 years exp. (4 salaries)	₹22.1 L/yr - ₹80 L/yr 237% more
Bhushan Power & Steel Finance Manager Salary 1 - 8 years exp. (4 salaries)	₹8.5 L/yr - ₹14.5 L/yr 32% less
Vizag Steel Finance Manager Salary 9 - 12 years exp. (5 salaries)	₹18 L/yr - ₹20 L/yr 16% more
Jindal Stainless Finance Manager Salary 7 - 23 years exp. (8 salaries)	₹12 L/yr - ₹21.5 L/yr At par
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Viraj Profiles Finance Manager Salary 6 - 14 years exp. (5 salaries)	₹7 L/yr - ₹23 L/yr 13% less
Rashmi Group Finance Manager Salary 5 - 11 years exp. (4 salaries)	₹9.5 L/yr - ₹13.5 L/yr 31% less
Shyam Steel Industries Finance Manager Salary 7 - 11 years exp. (4 salaries)	₹7 L/yr - ₹22 L/yr 17% less
Jindal Saw Finance Manager Salary 14 - 16 years exp. (4 salaries)	₹14 L/yr - ₹14.2 L/yr 14% less
Jindal Industries Private Limited Finance Manager Salary 3 - 20 years exp. (3 salaries)	₹8.3 L/yr - ₹20 L/yr 8% less
Electrotherm Finance Manager Salary 4 - 19 years exp. (3 salaries)	₹8 L/yr - ₹11.3 L/yr 38% less
JSW Group Finance Manager Salary 9 - 18 years exp. (3 salaries)	₹15 L/yr - ₹27 L/yr 40% more

Finance Manager salary at Tata Steel ranges between ₹9.5 Lakhs to ₹21 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 43 latest salaries received from various employees of Tata Steel.

Experience wise Tata Steel Finance Manager salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
1 year (8 salaries)	₹9.5 L/yr - ₹16.5 L/yr
2 years (12 salaries)	₹10.7 L/yr - ₹16 L/yr
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3 years (4 salaries)	₹12 L/yr - ₹28.2 L/yr
4 years (7 salaries)	₹11.6 L/yr - ₹16.1 L/yr
5 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18 L/yr
6 years (4 salaries)	₹14.5 L/yr - ₹21 L/yr
7 years (3 salaries)	₹12 L/yr - ₹19.5 L/yr
8 years (AmbitionBox Estimate)	₹12 L/yr - ₹31.5 L/yr
9 years (AmbitionBox Estimate)	₹12 L/yr - ₹32.1 L/yr

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Salary related reviews for Tata Steel

3.4

Rated by 12 employees for salary & benefits

Relationship Manager in Jamshedpur

Full Time

Procurement & Supply Chain Department

2.0

• posted on 18 Jan 2024

1.0

for Salary and Benefits

Likes

Very high Job security almost equivalent to government jobs. Good work life balance.

Dislikes

Extremely slow growth exactly like government jobs. Minimal increament and low average package for an MBA graduate from top tier B school. This is not a company one should join after completing MBA. The work culture is not suitable for MBA grads and average age in almost every team is 45+ In my opinion, my reporting manager was a head of department who was micromanaging and had come from a marketing background directly into procurement without any knowledge of procurement. Weird way of promoting people in cross functions.

Deputy Manager in Jamshedpur

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 18 May 2023

1.0

for Salary and Benefits

Likes

Job security is good, if you don't work hard then you don't get good ratings but job is secure.

Dislikes

- very low pay scale - very low bonus - company doesn't follow any time line of increment of salary or bonus. - very slow HR department - management doesn't respect extra effort of employees

Deputy Manager in Jamshedpur

Full Time

Procurement & Supply Chain Department

2.0

• posted on 22 Sep 2022

1.0

for Salary and Benefits

Likes

Location is good. Tata brand.

Dislikes

There is a whole list. Heavy corporate politics, nepotism at its peak, benefits are just an illusion, management is highly unprofessional, compensation is industry lowest, CTC is flawed, employees' overall development is zero, and many many more. If you want to regret one thing in your life - just join here.

Sales Manager in New Delhi

Sales & Marketing Department

4.0

• posted on 22 Nov 2021

3.0

for Salary and Benefits

Likes

Work life balance, ethics & good people around

Dislikes

Slow growth. For laterals, negotiate your salary well. Don't get trapped in Tata's brand name, as there won't be salary appraisals on entire CTC. Low compensation.

JE in Kalinganagar

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 20 Oct 2024

3.0

for Salary and Benefits

Likes

Safety culture Job security Good for learning and development Good work environment.

Dislikes

Salary. Low in hand salary as per ctc, no accomodation facility specially for new joining. Double HRA facilities for locals but not for whom out side.

see more salary related reviews

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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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Tata Steel Finance Manager Salary FAQs

What is the salary of Finance Manager at Tata Steel?

Finance Manager salary at Tata Steel in India ranges between ₹9.5 Lakhs to ₹21.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 4% less than the average Finance Manager Salary in India. Salary estimates are based on 43 latest salaries received from various employees of Tata Steel India.

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

The average salary of a Finance Manager at Tata Steel is 4% less than the average salary of a Finance Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Tata Steel to a Finance Manager in India?

ArcelorMittal Finance Manager Salary - ₹22.1 Lakhs to ₹80.0 Lakhs per year
Aditya Birla Group Finance Manager Salary - ₹16.0 Lakhs to ₹47.2 Lakhs per year
JSW Group Finance Manager Salary - ₹15.0 Lakhs to ₹27.0 Lakhs per year
Steel Authority Of India Finance Manager Salary - ₹15.0 Lakhs to ₹28.0 Lakhs per year
JSW Steel Finance Manager Salary - ₹15.0 Lakhs to ₹27.0 Lakhs per year

What is the salary of a Finance Manager in companies similar to Tata Steel in India?

Vedanta Limited Finance Manager Salary - ₹8.3 Lakhs to ₹34.0 Lakhs per year
Vizag Steel Finance Manager Salary - ₹18.0 Lakhs to ₹20.0 Lakhs per year
Jindal Stainless Finance Manager Salary - ₹12.0 Lakhs to ₹21.5 Lakhs per year
Jindal Industries Private Limited Finance Manager Salary - ₹8.3 Lakhs to ₹20.0 Lakhs per year
Jindal Steel and Power Finance Manager Salary - ₹8.0 Lakhs to ₹22.5 Lakhs per year

What is the estimated take home salary of a Finance Manager at Tata Steel in India?

The estimated take-home salary of a Finance Manager at Tata Steel ranges between ₹1,11,611 per month to ₹1,14,707 per month in India. The take-home salary calculation is based on the average Tata Steel Finance Manager salary in India which ranges between ₹9.5 Lakhs to ₹21.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Finance Manager at Tata Steel?

According to AmbitionBox, 57% of the Tata Steel Finance Managers reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Tata Steel Finance Manager Salaries

Tata Steel Finance Manager salary in India ranges between ₹9.5 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 43 Tata Steel latest salaries received from various employees of Tata Steel.