Thermax Limited Finance Manager Salaries by 6 Employees (Updated 2025)

16 - 25 years exp.

₹16 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

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27% more than the average Finance Manager Salary in Industrial Machinery Companies for 16 - 25 years of experience

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Last Updated: 28 Feb 2025

Companies similar to Thermax Limited for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Finance Manager Salary 9 - 26 years exp. (3 salaries)	Unlock ₹7 L/yr - ₹17 L/yr 41% less
BHEL Finance Manager Salary 12 - 18 years exp. (46 salaries)	Unlock ₹20 L/yr - ₹35 L/yr 33% more
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Siemens Finance Manager Salary 4 - 15 years exp. (25 salaries)	Unlock ₹10.2 L/yr - ₹25 L/yr 22% less
Larsen & Toubro Limited Finance Manager Salary 0 - 13 years exp. (20 salaries)	Unlock ₹6.3 L/yr - ₹25.4 L/yr 35% less
Cummins Finance Manager Salary 4 - 13 years exp. (13 salaries)	Unlock ₹4.2 L/yr - ₹12.7 L/yr 59% less
ABB Finance Manager Salary 5 - 21 years exp. (13 salaries)	Unlock ₹14.8 L/yr - ₹33.7 L/yr 1% less
Tata Power Finance Manager Salary 1 - 5 years exp. (5 salaries)	Unlock ₹3.5 L/yr - ₹19.6 L/yr 50% less
CG Power and Industrial Solutions Finance Manager Salary 5 - 14 years exp. (13 salaries)	Unlock ₹9.4 L/yr - ₹18.8 L/yr 22% less
Voltas Finance Manager Salary 13 - 14 years exp. (3 salaries)	Unlock ₹51 L/yr - ₹54 L/yr 138% more
KONE Finance Manager Salary 13 - 22 years exp. (13 salaries)	Unlock ₹15.1 L/yr - ₹24 L/yr 11% less
Hilti Finance Manager Salary 5 - 17 years exp. (13 salaries)	Unlock ₹13.8 L/yr - ₹27.4 L/yr 4% less
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John Deere Finance Manager Salary 9 - 15 years exp. (10 salaries)	Unlock ₹13.2 L/yr - ₹18.7 L/yr 21% less
EMERSON PROCESS MANAGEMENT Finance Manager Salary 7 - 22 years exp. (9 salaries)	Unlock ₹18 L/yr - ₹30 L/yr 12% more
Danfoss Industries Finance Manager Salary 8 - 20 years exp. (8 salaries)	Unlock ₹16 L/yr - ₹25.3 L/yr 1% less
Wipro Infrastructure Engineering Finance Manager Salary 6 - 13 years exp. (7 salaries)	Unlock ₹20 L/yr - ₹36 L/yr 28% more
Sany Heavy Industry Finance Manager Salary 14 - 19 years exp. (5 salaries)	Unlock ₹11.9 L/yr - ₹15.1 L/yr 41% less
Atlas Copco Finance Manager Salary 5 - 9 years exp. (4 salaries)	Unlock ₹12.3 L/yr - ₹21 L/yr 21% less
GKN Finance Manager Salary 12 years exp. (4 salaries)	Unlock ₹20.8 L/yr - ₹24.8 L/yr 1% more
Kirloskar Oil Engines Finance Manager Salary 10 - 15 years exp. (4 salaries)	Unlock ₹15 L/yr - ₹21 L/yr 18% less
TÜV SÜD Finance Manager Salary 10 - 16 years exp. (3 salaries)	Unlock ₹8.3 L/yr - ₹13.5 L/yr 49% less

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Finance Manager salary at Thermax Limited ranges between ₹16 Lakhs to ₹25 Lakhs per year for employees with experience between 16 years to 25 years. Salary estimates are based on 6 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Finance Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
15+ years (6 salaries)	Unlock ₹16 L/yr - ₹25 L/yr
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Top skills at Thermax Limited for Finance Manager

Consolidation Variance Analysis Management Accounting Costing Product Costing Financial Analysis IR Financial Management Financial Planning Forecasting Auditing Taxation Controlling Financial Reporting Budgeting

Salary related reviews for Thermax Limited

4.7

Rated by 2 employees for salary & benefits

Area Sales Manager (working remotely)

Full Time

Sales & Business Development Department

2.0

• posted on 23 Nov 2022

2.0

for Salary and Benefits

Likes

Good company but do not care of it's employees talents. Pramotion is purely based on relationship and huge salary difference

Dislikes

Salary and growth is not good. Company is more focused on Enmlopyee salary deductions

Salary - Poor

+4 more

Deputy Manager in Pune

Sales & Business Development Department

5.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Thermax is process driven company. Transparency in company policy from Top to bottom. Value & Ethical business is in blood. Work culture is still there. Emotions in place of Professionalism is still make life happy at Thermx

Skill development - Good

+4 more

Dislikes

Salary is d biggest set back for company.

Facility Manager in Bidar

Full Time

Energy & Mining Department

4.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Good atmosphere for working I am trying to rejoin the Thermax group in Karnataka. I did not any idea of promotion and salary hike

Salary - Excellent

+2 more

Dislikes

Third party contractor like casual labour issue I discuss with our superior persons and also contractor but not resolve the issue

Job security - Bad

+2 more

Sales And Business Development in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

- good working environment - leadership is quite good - work life balance - skill development opportunities through company programs

Skill development - Good

+4 more

Dislikes

- salary quite average - top management gets information through sr manager and Jr employees opinion not much counted - no mechanism for 360 degree feedback

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

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Salary Discussions, Hike & Promotions

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Thermax Limited Finance Manager Salary FAQs

What is the salary of Finance Manager at Thermax Limited?

Finance Manager salary at Thermax Limited in India ranges between ₹16.0 Lakhs to ₹25.0 Lakhs for experience between 16 years to 25 years. According to our estimates it is 27% more than the average Finance Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Thermax Limited India.

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

The average salary of a Finance Manager at Thermax Limited is 27% more than the average salary of a Finance Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Finance Manager at Thermax Limited?

Consolidation, Variance Analysis, Management Accounting, Costing and Product Costing are some of the popular skills required to work as a Finance Manager at Thermax Limited India.

Which similar companies are paying more than Thermax Limited to a Finance Manager in India?

Voltas Finance Manager Salary - ₹51.0 Lakhs to ₹54.0 Lakhs per year
BHEL Finance Manager Salary - ₹20.0 Lakhs to ₹35.0 Lakhs per year
Wipro Infrastructure Engineering Finance Manager Salary - ₹20.0 Lakhs to ₹36.0 Lakhs per year
EMERSON PROCESS MANAGEMENT Finance Manager Salary - ₹18.0 Lakhs to ₹30.0 Lakhs per year
GKN Finance Manager Salary - ₹20.8 Lakhs to ₹24.8 Lakhs per year

What is the salary of a Finance Manager in companies similar to Thermax Limited in India?

ABB Finance Manager Salary - ₹14.8 Lakhs to ₹33.7 Lakhs per year
Danfoss Industries Finance Manager Salary - ₹16.0 Lakhs to ₹25.3 Lakhs per year
Hilti Finance Manager Salary - ₹13.8 Lakhs to ₹27.4 Lakhs per year
TechnipFMC Finance Manager Salary - ₹17.5 Lakhs to ₹22.0 Lakhs per year
KONE Finance Manager Salary - ₹15.1 Lakhs to ₹24.0 Lakhs per year

What is the estimated take home salary of a Finance Manager at Thermax Limited in India?

The estimated take-home salary of a Finance Manager at Thermax Limited ranges between ₹1,41,053 per month to ₹1,46,294 per month in India. The take-home salary calculation is based on the average Thermax Limited Finance Manager salary in India which ranges between ₹16.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 16 years to 25 years. Check how did we calculate take home salary?

What is the notice period for Finance Manager at Thermax Limited?

According to AmbitionBox, 100% of the Thermax Limited Finance Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Thermax Limited Finance Manager Salaries

Thermax Limited Finance Manager salary in India ranges between ₹16 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Thermax Limited latest salaries received from various employees of Thermax Limited.