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Timken

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Timken Finance Assistant salaries in India

Annual salary range
4 - 5 years exp.
₹5.5 Lakhs - ₹7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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77% more than the average Finance Assistant Salary in Industrial Machinery Companies for 4 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Timken for Finance Assistant

Company name Avg Annual Salary Open Jobs
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Cummins Finance Assistant Salary

2 - 11 years exp. (4 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 29% less
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Alfa Laval Finance Assistant Salary

5 - 8 years exp. (4 salaries)

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₹8.8 L/yr - ₹17 L/yr

arrow icon 113% more
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Danfoss Industries Finance Assistant Salary

1 - 5 years exp. (3 salaries)

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₹1.8 L/yr - ₹4.2 L/yr

arrow icon 45% less
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Schindler Group Finance Assistant Salary

1 - 3 years exp. (3 salaries)

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₹1.7 L/yr - ₹4 L/yr

arrow icon 56% less
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Hilti Finance Assistant Salary

7 - 8 years exp. (3 salaries)

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₹3.5 L/yr - ₹4.3 L/yr

arrow icon 36% less
Finance Assistant salary at Timken ranges between ₹5.5 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Timken.

Latest annual salaries shared by Timken Finance Assistant

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5 years exp.
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4 years exp.
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4 years exp.

Experience wise Timken Finance Assistant salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
4 years  (3 salaries)

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₹5.5 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr

Similar Designation salaries in Timken

Account Assistant Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
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₹3.5 L/yr - ₹5.2 L/yr
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₹5.2 L/yr - ₹9 L/yr
Accountant Salary
(3 salaries)
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₹2.5 L/yr - ₹4.5 L/yr
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₹3.75 L/yr - ₹8.6 L/yr
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₹4.5 L/yr - ₹13.3 L/yr
Analyst Salary
(48 salaries)
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₹4.45 L/yr - ₹12 L/yr
Senior Analyst Salary
(59 salaries)
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₹6 L/yr - ₹14.1 L/yr
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₹1.8 L/yr - ₹2.3 L/yr
Deputy Manager Salary
(11 salaries)
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₹15 L/yr - ₹33 L/yr

Top skills at Timken for Finance Assistant

Finance Accounts Payable SAP

Salary related reviews for Timken

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 18 Jul 2022

2.0
 for  Salary and Benefits

Likes

1) Colleagues: Who were helpful in teaching the process and developing the skills. 2) Greenery Environment / Campus

Dislikes

1) Favouritism’s by Team Lead / Reporting Manager’s. 2) They (Team Lead) dress up like Gentlemen but talk like uncivilised person. 3) Harassment by Team lead - they do not train associates properly. 4) They keep control of the process; thinking that new joiners can be threaten to their job security. Unnecessarily copy manager’s in email and escalate things. 5) Salary / Compensation : is not upto expectations 6) No Exit interview conducted for the employee who worked for 6years 7) Night shift employees are not considered at all for anything; but load of the work and volume of work is always core. 8) Worst and Cheap catering service they hired for Dinner and Midnight snacks. 9) Toilets will not be clean for night shift employees 10) No tissue papers will be available for GES employees 11) They don’t even provide proper laptop to work..! But luckily they provide laptop 12) Fake assurance by Manager when we request for change in shift..!

read more
  • Salary - Poor
  • +4 more

Consulting Department

5.0
  •  posted on 11 Sep 2017

2.0
 for  Salary and Benefits

Likes

The work culture is no doubt the best. Learning opportunities are good. Career change is good opportunity here. Diverse culture and team building activities are superb. Chances of travel are good. Job security is good. Attrition is still pretty low. Best of all, it is a product based company and stress is manageable.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

...h in career is stagnant unless you move to a different team. No shift allowance. Variable pay is the worst. Fixed pay makes it seem lucrative, but in hand is surprisingly sub par than market standards. No work from home. Bonds are taken as insurance of commitment. Feels more of a noose than a commitment. Cross functionality not that good. But I am nitpicking. One of the best companies to work, for a calm and balanced work life.

read more
  • Salary - Poor

Full Time

 · 

Procurement & Supply Chain Department

1.0
  •  posted on 06 Dec 2023

1.0
 for  Salary and Benefits

Likes

If employees are from jamshedpur, then they can survive with such low salary, perks and benefits. Options are available to enhance skills and knowledge.

read more

Dislikes

There are many- Salary hike is minimal, despite working for more than 5 years, there is no promotion. With no reason, top level management puts huge pressure on lower and mid level position for output. No diverse option available to develop skills and knowledge. You have to work more than 8 hrs to complete your daily task as one person have to do the work of 2-3 employees.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 15 Apr 2024

3.0
 for  Salary and Benefits

Likes

Work- life balance is good and yearly appraisal is average. Job security is good. Nobody force you to not take leave, you can plan your leave according to you.

read more
  • Job security - Good
  • +1 more

Dislikes

Employees appreciation is not good. Salary could have been better. Shop floor culture is not so good.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 14 Jun 2024

1.0
 for  Salary and Benefits

Likes

Jamshedpur plant there is nothing to like, bad culture has developed, cast preferred in department,

  • Job security - Good

Dislikes

Department head preferred his won cast people and increase their post and salary, others are looking face and search jobs and leave company as soon as possible, manager comes in plant only for punch and lunch

read more
  • Salary - Bad
  • +5 more
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Timken Finance Assistant Salary FAQs

What is the salary of Finance Assistant at Timken ?
The average salary of a Finance Assistant at Timken in India typically ranges from ₹5.5 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 4 years to 5 years).

The top 10% of Finance Assistant at Timken earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Finance Assistant Salaries at Timken 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 5 Timken employees in India.
What is the estimated take home salary of a Finance Assistant at Timken in India?
The estimated take-home salary of a Finance Assistant at Timken in India typically ranges from ₹46,457 to ₹47,558 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 4 years to 5 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 5 salaries received from various employees of Timken. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Finance Assistant at Timken ?
To be a Finance Assistant at Timken in india, the key skills required include:

  • - Finance
  • - Accounts Payable
  • - SAP

These skills are highly valued at Timken and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Timken for Finance Assistant in India?
Alfa Laval ₹8.8 Lakhs to ₹17.0 Lakhs per year

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

Cummins ₹3.1 Lakhs to ₹6.0 Lakhs per year
Hilti ₹3.5 Lakhs to ₹4.3 Lakhs per year
Danfoss Industries ₹1.8 Lakhs to ₹4.2 Lakhs per year
Schindler Group ₹1.7 Lakhs to ₹4.0 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 Assistant at Timken in India?
The salary growth for a Finance Assistant at Timken depends on factors such as experience, performance, and promotions. On average, a Finance Assistant can expect the following growth trajectory at Timken:

Experience Average Salary Range
4 years ₹5.5 Lakhs to ₹6.0 Lakhs per year
5 years ₹5.9 Lakhs to ₹7.6 Lakhs per year
and so on.

Tell us how to improve this page.

Timken Finance Assistant salary in India ranges between ₹5.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Timken latest salaries received from various employees of Timken.