Varma & Varma Bangalore / Bengaluru Audit Executive Salaries by 4 Employees

2 - 4 years exp.

₹1.7 Lakh - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

59% less than the average Audit Executive Salary in Accounting & Auditing Companies for 2 - 4 years of experience

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Last Updated: 31 Mar 2023

Companies similar to Varma & Varma for Audit Executive in Bangalore / Bengaluru

Varma & Varma Audit Executive Salary

2 - 4 years exp. (4 salaries)

₹1.7 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
S.R.Batliboi & Co. Audit Executive Salary 0 - 4 years exp. (9 salaries)	₹9.5 L/yr - ₹12 L/yr 335% more
RSM India Audit Executive Salary 2 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹3.2 L/yr 8% more
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Jcss Consulting Audit Executive Salary 2 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹4.2 L/yr 46% more
Ernst & Young Audit Executive Salary 0 - 4 years exp. (54 salaries)	₹7 L/yr - ₹15.3 L/yr 382% more
KPMG Global Services Audit Executive Salary 2 - 6 years exp. (48 salaries)	₹4.4 L/yr - ₹12 L/yr 203% more

Audit Executive salary at Varma & Varma ranges between ₹1.7 Lakh to ₹3.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Varma & Varma.

Experience wise Varma & Varma Audit Executive salaries in Bangalore / Bengaluru

Last Updated: 31 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr

Similar Designation salaries in Varma & Varma

Audit Assistant Salary

(12 salaries)

₹1.9 L/yr - ₹6 L/yr

Article Assistant Salary

(4 salaries)

₹0.75 L/yr - ₹3.5 L/yr

Salary related reviews for Varma & Varma

Article Assistant in Chennai

Intern

Finance & Accounting Department

3.0

• posted on 11 Sep 2023

2.0

for Salary and Benefits

Likes

The experience you gain is on a different level. It'll help you grow in life. You can easily crack other interviews using the experience. Even the interviewers are impressed.

Skill development - Excellent

+2 more

Dislikes

No work life balance. Low pay. Gets shouted at for nothing. People management is bad.

Salary - Poor

+1 more

Deputy Manager in Bangalore / Bengaluru

Finance & Accounting Department

4.0

• posted on 29 Apr 2019

3.0

for Salary and Benefits

Likes

Skill development - Good

+2 more

Dislikes

Compensation is below the average pay what one get in the market. The pressure is very high. Lack of juniors, so that you end up doing all the entry level work. There is no appreciation of the work done. One will have no idea about the future prospect of the employer. Growth is very slow.

Promotions - Poor

Article Assistant in Thiruvananthapuram

Finance & Accounting Department

5.0

• posted on 04 Dec 2020

3.0

for Salary and Benefits

Likes

The extend of support received from the partners and other audit managers are so good. They provided proper guidance and also helps in learning and clearing doubts in each matters. Also helps us to build a professionalism in our work and with in us. Even the seniors are so helpful and other staffs too.

Skill development - Excellent

+5 more

Article Assistant in Thiruvananthapuram

Other Department

5.0

• posted on 14 Jan 2021

2.0

for Salary and Benefits

Likes

Excellent audit work exposure at top corporates in variety of industries. Good work ethics and training by managers/partners.

Skill development - Excellent

+4 more

Dislikes

The stipend for articles is the minimum as per ICAI but non article staff has decent pay so it is overall good.

Salary - Poor

Article Assistant in Kochi

Finance & Accounting Department

5.0

• posted on 22 Jan 2018

3.0

for Salary and Benefits

Likes

We used to work in teams for many audits.The rapport built in between the team-members made me realize that the fruits of a team work would be the sweetest.We were used to handle multiple audit assignments.The assignments ranged from statutory audits to compliance framework checks.The 3 years of my articleship made me develop my skills best suited for a chartered accountant.

Skill development - Excellent

+4 more

Dislikes

The stress we would feel when we work on peak seasons is that I dislike the most.But we were able to manage stress to an extent.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Varma & Varma Audit Executive Salary FAQs

What is the salary of Audit Executive at Varma & Varma in Bangalore / Bengaluru?

The average salary of a Audit Executive at Varma & Varma in Bangalore / Bengaluru typically ranges from ₹1.7 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Audit Executive in Bangalore / Bengaluru at Varma & Varma earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Audit Executive Salaries at Varma & Varma 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 4 Varma & Varma employees in India.

What is the estimated take home salary of a Audit Executive at Varma & Varma in Bangalore / Bengaluru?

The estimated take-home salary of a Audit Executive at Varma & Varma in Bangalore / Bengaluru typically ranges from ₹17,992 to ₹19,686 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 2 years to 4 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 4 salaries received from various employees of Varma & Varma. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Varma & Varma for Audit Executive in India?

Ernst & Young	₹7.0 Lakhs to ₹15.3 Lakhs per year
S.R.Batliboi & Co.	₹9.5 Lakhs to ₹12.0 Lakhs per year
KPMG Global Services	₹4.4 Lakhs to ₹12.0 Lakhs per year
Jcss Consulting	₹3.2 Lakhs to ₹4.2 Lakhs per year
RSM India	₹2.6 Lakhs to ₹3.2 Lakhs per year

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

How the salary growth look like for a Audit Executive at Varma & Varma in Bangalore / Bengaluru?

The salary growth for a Audit Executive at Varma & Varma in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Audit Executive in Bangalore / Bengaluru can expect the following growth trajectory at Varma & Varma:

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹2.4 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.5 Lakhs per year

and so on.

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Varma & Varma Audit Executive Salaries in Bangalore / Bengaluru

Varma & Varma Audit Executive salary in Bangalore / Bengaluru ranges between ₹1.7 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Varma & Varma latest salaries received from various employees of Varma & Varma.