Thermax Limited Executive Accountant Salaries by 20+ Employees (Updated 2025)

3 - 15 years exp.

₹2.8 Lakhs - ₹7 Lakhs

Salary of majority employees

70% more than the average Executive Accountant Salary in Industrial Machinery Companies for 3 - 15 years of experience

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Last Updated: 16 Mar 2025

Companies similar to Thermax Limited for Executive Accountant

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Kirloskar Brothers Executive Accountant Salary 1 - 14 years exp. (5 salaries)	₹1.5 L/yr - ₹4.8 L/yr 41% less
BHEL Executive Accountant Salary 2 - 8 years exp. (6 salaries)	₹1.8 L/yr - ₹10.6 L/yr 2% more
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Siemens Executive Accountant Salary 1 - 7 years exp. (34 salaries)	₹1.9 L/yr - ₹4.7 L/yr 35% less
Larsen & Toubro Limited Executive Accountant Salary 1 - 11 years exp. (248 salaries)	₹1.6 L/yr - ₹11 L/yr 8% more
Cummins Executive Accountant Salary 0 - 9 years exp. (20 salaries)	₹1.5 L/yr - ₹4.2 L/yr 46% less
ABB Executive Accountant Salary 1 - 12 years exp. (47 salaries)	₹2.5 L/yr - ₹7.5 L/yr 8% less
Tata Power Executive Accountant Salary 1 - 13 years exp. (19 salaries)	₹1.8 L/yr - ₹9.7 L/yr 17% less
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Blue Star Executive Accountant Salary 1 - 7 years exp. (12 salaries)	₹2.5 L/yr - ₹5 L/yr 29% less
John Deere Executive Accountant Salary 0 - 5 years exp. (49 salaries)	₹2 L/yr - ₹4.9 L/yr 49% less
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Schindler Group Executive Accountant Salary 0 - 6 years exp. (27 salaries)	₹4.4 L/yr - ₹8 L/yr 2% less
TÜV SÜD Executive Accountant Salary 2 - 10 years exp. (24 salaries)	₹1.8 L/yr - ₹7.1 L/yr 29% less
Caterpillar Inc Executive Accountant Salary 0 - 5 years exp. (11 salaries)	₹1.5 L/yr - ₹3.6 L/yr 54% less
GKN Executive Accountant Salary 0 - 10 years exp. (10 salaries)	₹2.2 L/yr - ₹8 L/yr 26% less
EMERSON PROCESS MANAGEMENT Executive Accountant Salary 4 - 16 years exp. (9 salaries)	₹3 L/yr - ₹7.5 L/yr 4% more
Fuji Electric Executive Accountant Salary 2 - 9 years exp. (8 salaries)	₹2 L/yr - ₹3.1 L/yr 50% less
KONE Executive Accountant Salary 2 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹4.2 L/yr 50% less
Lakshmi Machine Works Executive Accountant Salary 0 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹3 L/yr 62% less
Wipro Infrastructure Engineering Executive Accountant Salary 1 - 6 years exp. (6 salaries)	₹3.1 L/yr - ₹4.1 L/yr 39% less

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Executive Accountant salary at Thermax Limited ranges between ₹2.8 Lakhs to ₹7 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 22 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Executive Accountant salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹9 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.4 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.3 L/yr
8 years (4 salaries)	₹3.1 L/yr - ₹5.6 L/yr
9 years (3 salaries)	₹4 L/yr - ₹6.2 L/yr
10 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7 L/yr
11 years (3 salaries)	₹4.9 L/yr - ₹7 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.8 L/yr
13 years (AmbitionBox Estimate)	₹4 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)	₹4 L/yr - ₹11.2 L/yr
15+ years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.5 L/yr

View all

Similar Designation salaries in Thermax Limited

Commercial Executive Salary

(61 salaries)

₹3.25 L/yr - ₹8.03 L/yr

Finance Executive Salary

(19 salaries)

₹2.93 L/yr - ₹8 L/yr

Senior Accounts Executive Salary

(12 salaries)

₹2.5 L/yr - ₹8 L/yr

Senior Executive - Finance Salary

(11 salaries)

₹4 L/yr - ₹9 L/yr

Senior Executive Commercial Salary

(10 salaries)

₹4 L/yr - ₹8.27 L/yr

Financial Controller Salary

(9 salaries)

₹27.5 L/yr - ₹41.2 L/yr

Accounts Manager Salary

(8 salaries)

₹33.28 L/yr - ₹35 L/yr

Financial Associate Salary

(7 salaries)

₹2.6 L/yr - ₹5.15 L/yr

Deputy Manager - Finance Salary

(7 salaries)

₹10.2 L/yr - ₹18.5 L/yr

Assistant Manager Finance Salary

(7 salaries)

₹7.5 L/yr - ₹11.8 L/yr

Salary related reviews for Thermax Limited

2.3

Rated by 7 employees for salary & benefits

Executive - Operations And HR in Pune

Full Time

Human Resources Department

3.0

• posted on 03 Jan 2025

2.0

for Salary and Benefits

Likes

Its a big name in the manufacturing industry.

Job security - Good

+1 more

Dislikes

...itious may not get recognition and better Job role opportunities within Thermax. Promotion reflects only on Salary and grade part bot there is no job enrichment.

Salary - Poor

+3 more

Operation Incharge in Jalandhar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 16 Oct 2024

4.0

for Salary and Benefits

Likes

Salary and facilities are soo good. Thermax company Is good.

Salary - Good

+2 more

Dislikes

1.Very worst site management. 2. Top level project managers are only hearing site management staff only.not hearing all the staffs opinions.

Promotions - Poor

+3 more

Shift Incharge Engineer in Kolkata

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 16 Oct 2024

2.0

for Salary and Benefits

Likes

Safety culture is the thing I like the most. I have learnt more about safety as shift incharge which is the good thing in the thermax

Skill development - Good

+1 more

Dislikes

The corruption in thermax is the thing I hate it. Like, during bonus, I have get about Rs 20000 on paper but i received only Rs 10085 as a bonus. The Rs 10000 I not received yet. Pls Help me to get my due bonus amount

Salary - Poor

+2 more

Shift Incharge in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Apr 2024

3.0

for Salary and Benefits

Likes

1- main work culture 2- works on safety 3- work without taken risk 4- maintain every parameter as per norms.

Company culture - Good

+1 more

Dislikes

1- dump in salary growth 2- never aspect stability in one location 3- They also hire 2 years contract basis 4- No additional benefits

Promotions - Poor

Lead Engineer in Prayagraj / Allahabad

Full Time

Other Department

4.0

• posted on 19 Nov 2024

5.0

for Salary and Benefits

Likes

Salary timely

Salary - Excellent

+5 more

Dislikes

Sub contractors are doing blackmailing very frequently asking always extra mone& benefits. It's necessary to construct a strict contracts in which rates at bottom level should be minimum & rates of upper floor should be higher side.

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Thermax Limited Executive Accountant Salary FAQs

What is the salary of Executive Accountant at Thermax Limited ?

The average salary of a Executive Accountant at Thermax Limited in India typically ranges from ₹2.8 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Executive Accountant at Thermax Limited earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Executive Accountant Salaries at Thermax Limited 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 20+ Thermax Limited employees in India.

What is the estimated take home salary of a Executive Accountant at Thermax Limited in India?

The estimated take-home salary of a Executive Accountant at Thermax Limited in India typically ranges from ₹43,316 to ₹44,432 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 3 years to 15 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 20+ salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Thermax Limited for Executive Accountant in India?

Atlas Copco	₹2.9 Lakhs to ₹24.2 Lakhs per year
Larsen & Toubro Limited	₹1.6 Lakhs to ₹11.0 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹3.0 Lakhs to ₹7.5 Lakhs per year
BHEL	₹1.8 Lakhs to ₹10.6 Lakhs per year

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

What is the salary of a Executive Accountant in companies similar to Thermax Limited in India?

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

Schindler Group	₹4.4 Lakhs to ₹8.0 Lakhs per year
ABB	₹2.5 Lakhs to ₹7.5 Lakhs per year
TechnipFMC	₹3.8 Lakhs to ₹6.2 Lakhs per year
KSB Limited - Irrigation & Process Division (IPD)	₹3.6 Lakhs to ₹5.4 Lakhs per year
Tata Power	₹1.8 Lakhs to ₹9.7 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 Thermax Limited in India?

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

Experience	Average Salary Range
3 years	₹2.8 Lakhs to ₹9.0 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
5 years	₹4.5 Lakhs to ₹9.4 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.7 Lakhs per year

and so on.

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Thermax Limited Executive Accountant Salaries

Thermax Limited Executive Accountant salary in India ranges between ₹2.8 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Thermax Limited latest salaries received from various employees of Thermax Limited.