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Tata Steel

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Tata Steel Finance Manager salaries in India (Updated 2025)

Annual salary range
1 - 9 years exp.
₹9.5 Lakhs - ₹21 Lakhs
Salary of majority employees
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Fixed (90%)
₹14.9 Lakhs
Variable (10%)
₹1.5 Lakh
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At par with the average Finance Manager Salary in Iron & Steel Companies for 1 - 9 years of experience

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Last Updated: 24 Mar 2025

Companies similar to Tata Steel for Finance Manager

Company name Avg Annual Salary Open Jobs
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Jindal Stainless Finance Manager Salary

7 - 23 years exp. (8 salaries)

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₹12 L/yr - ₹21.5 L/yr

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Jindal Steel and Power Finance Manager Salary

8 - 20 years exp. (7 salaries)

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₹8 L/yr - ₹22.5 L/yr

arrow icon 9% less
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₹9 L/yr - ₹16 L/yr

arrow icon 15% less
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JSW Steel Finance Manager Salary

4 - 11 years exp. (6 salaries)

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₹15 L/yr - ₹27 L/yr

arrow icon 27% more
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Viraj Profiles Finance Manager Salary

6 - 14 years exp. (5 salaries)

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₹7 L/yr - ₹23 L/yr

arrow icon 13% less
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₹15 L/yr - ₹28 L/yr

arrow icon 22% more
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ArcelorMittal Finance Manager Salary

6 - 15 years exp. (5 salaries)

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₹17.5 L/yr - ₹32.7 L/yr

arrow icon 87% more
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Vizag Steel Finance Manager Salary

9 - 12 years exp. (5 salaries)

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₹18 L/yr - ₹20 L/yr

arrow icon 16% more
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₹8.3 L/yr - ₹23 L/yr

arrow icon 4% more
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Rashmi Group Finance Manager Salary

5 - 11 years exp. (4 salaries)

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₹9.5 L/yr - ₹13.5 L/yr

arrow icon 32% less
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Shyam Steel Industries Finance Manager Salary

7 - 11 years exp. (4 salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 12% less
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Jindal Saw Finance Manager Salary

14 - 16 years exp. (4 salaries)

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₹14 L/yr - ₹14.2 L/yr

arrow icon 15% less
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Kalyani Forge Finance Manager Salary

4 - 7 years exp. (3 salaries)

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₹10.8 L/yr - ₹15.5 L/yr

arrow icon 18% less
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Electrotherm Finance Manager Salary

4 - 19 years exp. (3 salaries)

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₹8 L/yr - ₹11.3 L/yr

arrow icon 38% less
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Tata BlueScope Steel Finance Manager Salary

15 - 27 years exp. (3 salaries)

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₹11 L/yr - ₹18.8 L/yr

arrow icon 17% less
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JSW Group Finance Manager Salary

9 - 18 years exp. (3 salaries)

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₹15 L/yr - ₹27 L/yr

arrow icon 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 42 latest salaries received from various employees of Tata Steel.

Latest annual salaries shared by Tata Steel Finance Manager

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Experience wise Tata Steel Finance Manager salaries

Last Updated: 24 Mar 2025

Experience Avg Annual Salary
1 year  (9 salaries)

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₹9.5 L/yr - ₹16.5 L/yr
2 years  (11 salaries)

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₹10.7 L/yr - ₹16 L/yr
3 years  (4 salaries)

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₹12 L/yr - ₹28.1 L/yr
4 years  (6 salaries)

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₹11.6 L/yr - ₹16.1 L/yr
5 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹18 L/yr
View all
Tata Steel Finance Manager Salary and Career Growth

From

To

Finance Manager

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1 - 9 years exp.

Senior Manager Finance

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5 - 14 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Tata Steel

Branch Manager Salary
(3 salaries)
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₹3.2 L/yr - ₹7.8 L/yr
Sales Manager Salary
(193 salaries)
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₹10 L/yr - ₹28 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr
Deputy Manager Salary
(214 salaries)
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₹5.9 L/yr - ₹18 L/yr
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₹6 L/yr - ₹22.55 L/yr
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₹3.6 L/yr - ₹4.9 L/yr
Business Finance Manager Salary
(AmbitionBox Estimate)
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₹13.1 L/yr - ₹16.7 L/yr
Collections Manager Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Branch Head Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
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₹7.4 L/yr - ₹7.98 L/yr

Salary related reviews for Tata Steel

3.4

Rated by 13 employees for salary & benefits

Finance & Accounting Department

4.0
  •  posted on 09 Jan 2019

3.0
 for  Salary and Benefits

Likes

I got a good opportunity to work with the people of various backgrounds. Thus I have trained myself without any specific training. In the initial stage of my carrier I was guided by my team leader and that was a very good opportunity of learning. I got an opportunity to work with various persons e.g. lawyers, consultant etc which has given me good opportunity to know more about my industry. Thus all the above has inspired me to give innovative ideas.

read more
  • Skill development - Good
  • +2 more

Dislikes

Our work was evaluated on the basis of neighboring industry of the town but the compensation was not equal and growth was also very slow. In the last phase of my service the team leader was not appreciated our experience and thus work was effected consequently I was not able to deliver as desired or required by the industry.

read more
  • Company culture - Poor

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.

  • Job security - Excellent

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.

read more
  • Salary - Bad
  • +3 more

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.

  • Job security - Good

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

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  • Salary - Bad
  • +4 more

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.

read more
  • Salary - Bad
  • +6 more

Sales & Marketing Department

4.0
  •  posted on 22 Nov 2021

3.0
 for  Salary and Benefits

Likes

Work life balance, ethics & good people around

  • Skill development - Excellent
  • +3 more

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.

read more
  • Promotions - Bad
see more salary related reviews

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Tata Steel Finance Manager Salary FAQs

What is the salary of Finance Manager at Tata Steel ?
The average salary of a Finance Manager at Tata Steel in India typically ranges from ₹9.5 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Finance Manager at Tata Steel earn more than ₹19.5 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Finance Manager Salaries at Tata Steel 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 40+ Tata Steel employees in India.
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 in India typically ranges from ₹1,12,014 to ₹1,15,124 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 40+ salaries received from various employees of Tata Steel. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Tata Steel for Finance Manager in India?
ArcelorMittal ₹17.5 Lakhs to ₹32.7 Lakhs per year
JSW Group ₹15.0 Lakhs to ₹27.0 Lakhs per year
JSW Steel ₹15.0 Lakhs to ₹27.0 Lakhs per year
Steel Authority Of India ₹15.0 Lakhs to ₹28.0 Lakhs per year
Vizag Steel ₹18.0 Lakhs to ₹20.0 Lakhs per year

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

Jindal Industries Private Limited ₹8.3 Lakhs to ₹23.0 Lakhs per year
Jindal Stainless ₹12.0 Lakhs to ₹21.5 Lakhs per year
Jindal Steel and Power ₹8.0 Lakhs to ₹22.5 Lakhs per year
Shyam Steel Industries ₹7.0 Lakhs to ₹25.0 Lakhs per year
Viraj Profiles ₹7.0 Lakhs to ₹23.0 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 Tata Steel in India?
The salary growth for a Finance Manager at Tata Steel depends on factors such as experience, performance, and promotions. On average, a Finance Manager can expect the following growth trajectory at Tata Steel:

Experience Average Salary Range
1 year ₹9.5 Lakhs to ₹16.5 Lakhs per year
2 years ₹10.7 Lakhs to ₹16.0 Lakhs per year
3 years ₹12.0 Lakhs to ₹28.1 Lakhs per year
4 years ₹11.6 Lakhs to ₹16.1 Lakhs per year
and so on.

Tell us how to improve this page.

Tata Steel Finance Manager salary in India ranges between ₹9.5 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 42 Tata Steel latest salaries received from various employees of Tata Steel.