Varroc Group Deputy Manager - Finance Salaries by 10+ Employees

1 - 27 years exp.

₹8.8 Lakhs - ₹13.1 Lakhs

Salary of majority employees

12% less than the average Deputy Manager - Finance Salary in Auto Components Companies for 1 - 27 years of experience

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Last Updated: 8 May 2023

Companies similar to Varroc Group for Deputy Manager - Finance

Company name	Avg Annual Salary	Open Jobs
Spark Minda Deputy Manager - Finance Salary 9 - 12 years exp. (8 salaries)	₹11 L/yr - ₹15.1 L/yr 34% more
SKF Deputy Manager - Finance Salary 3 - 21 years exp. (7 salaries)	₹10 L/yr - ₹18 L/yr 22% more
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JBM Group Deputy Manager - Finance Salary 15 - 22 years exp. (7 salaries)	₹6.6 L/yr - ₹11.4 L/yr 2% less
Tata AutoComp Systems Deputy Manager - Finance Salary 10 - 14 years exp. (6 salaries)	₹9 L/yr - ₹15 L/yr 4% more
Endurance Technologies Deputy Manager - Finance Salary 7 - 19 years exp. (5 salaries)	₹9 L/yr - ₹14.5 L/yr 10% more
Bharat Forge Deputy Manager - Finance Salary 13 - 16 years exp. (4 salaries)	₹8.6 L/yr - ₹15 L/yr 9% more
Krishna Maruti Deputy Manager - Finance Salary 11 - 20 years exp. (4 salaries)	₹10.5 L/yr - ₹16.5 L/yr 19% more
TVS Sundram Fasteners Deputy Manager - Finance Salary 8 - 14 years exp. (4 salaries)	₹10 L/yr - ₹16.9 L/yr 27% more
Magna International Deputy Manager - Finance Salary 15 - 17 years exp. (4 salaries)	₹14.5 L/yr - ₹23 L/yr 101% more
Motherson Automotive Technologies and Engineering Deputy Manager - Finance Salary 7 - 14 years exp. (3 salaries)	₹12 L/yr - ₹17.2 L/yr 34% more
Asahi India Glass Deputy Manager - Finance Salary 6 - 13 years exp. (3 salaries)	₹6.8 L/yr - ₹19.2 L/yr 46% more
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Deputy Manager - Finance salary at Varroc Group ranges between ₹8.8 Lakhs to ₹13.1 Lakhs per year for employees with experience between 1 year to 27 years. Salary estimates are based on 11 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Deputy Manager - Finance salaries

Last Updated: 8 May 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹9 L/yr - ₹18.9 L/yr
2 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
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3 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹12.5 L/yr
5 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹18.8 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹12.5 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹13.1 L/yr
10 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
11 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
12 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
13 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
14 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
15+ years (4 salaries)	₹9.5 L/yr - ₹18.5 L/yr

View all

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(24 salaries)

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₹6 L/yr - ₹9.05 L/yr

Financial Analyst Salary

(18 salaries)

₹8.25 L/yr - ₹25 L/yr

Financial Associate Salary

(13 salaries)

₹3 L/yr - ₹5.42 L/yr

Plant Finance Head Salary

(11 salaries)

₹10.7 L/yr - ₹19.5 L/yr

Assistant Manager Finance Salary

(11 salaries)

₹7.5 L/yr - ₹9.75 L/yr

Accounts Associate Salary

(8 salaries)

₹2 L/yr - ₹5.5 L/yr

Accounts Officer Salary

(8 salaries)

₹2.9 L/yr - ₹4.38 L/yr

Internal Auditor Salary

(8 salaries)

₹6 L/yr - ₹21.5 L/yr

Finance Executive Salary

(8 salaries)

₹3 L/yr - ₹6.5 L/yr

Salary related reviews for Varroc Group

Financial Analyst in Pune

Finance & Accounting Department

3.0

• posted on 23 Jun 2022

3.0

for Salary and Benefits

Likes

...e is not MNC like. Work life balance is good when it comes to Corporate Finance. Compensation and Hikes are not up to the mark. Corporate Governance can be improved by leaps and bounds.

Work-life balance - Good

Dislikes

Lack of Corporate Governance. Hikes and bonus are below industry standards. Not able to keep with changing working cultures (Still not applying hybrid culture for corporate staff also).

Skill development - Poor

+3 more

Manager Taxation in Aurangabad

Finance & Accounting Department

1.0

• posted on 27 Dec 2020

1.0

for Salary and Benefits

Likes

There is not a single reason to like varroc as an employer.

Dislikes

Very rude employer. They have started working in the month of April-20 without any social distancing and cut the salary 30-50% from April to December 20 even after making good growth in profits and sales from May-20.

Salary - Bad

+6 more

NPD Engineer in Aurangabad

Full Time

Research & Development Department

1.0

• posted on 27 Dec 2024

3.0

for Salary and Benefits

Likes

Salary on time credit

Dislikes

1) Layoff two times in year 2024 2) Increment is not base on performance, meanwhile after resigned varroc was gave hike. 3) Culture very bad 4) No work satisfaction along with no work base on employee profile 5) Notice period 3 month mandatory and it's not negotiable 6) System not smoothly work due employee not satisfaction work culture and financial group 7) R&D HR need take appointment for meeting him 8) Canteen facility very poor

Skill development - Poor

+4 more

Engineer in Aurangabad

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 26 Dec 2024

1.0

for Salary and Benefits

Likes

Only salary on time

Dislikes

a) 3 month unwanted notice period mandatory to serve after maneger approval for one month. Short fall days payout facility not available. b) Year end review not based on performance c) It's based on politics, bad work Culture d) Canteen facility very poor e) punch in time very strictly and it's deducted from leaves. f) Not working as job profile g) Not any training provided h) 2 time layoff by varroc in one month and no any advance information i) No based on system work

Salary - Bad

+6 more

Engineer in Chennai

Full Time

Other Department

1.0

• posted on 06 Dec 2024

1.0

for Salary and Benefits

Likes

Salary will credited at 1st of month

Dislikes

1. Worst company culture 2. Less knowledged superiors 3. Egoistic higher officials 4. Worst HR culture 5. Any time they can fire anyone if higher people has vengeance on someone 6. Worst job structure 7. No hygiene food and toilets 8. No proper hike 9. No job security

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Varroc Group Deputy Manager - Finance Salary FAQs

What is the salary of Deputy Manager - Finance at Varroc Group ?

The average salary of a Deputy Manager - Finance at Varroc Group in India typically ranges from ₹8.8 Lakhs to ₹13.1 Lakhs per year, depending on experience (from 1 year to 27 years).

The top 10% of Deputy Manager - Finance at Varroc Group earn more than ₹12.7 Lakhs per year, and the top 1% earn over ₹13.1 Lakhs per year. Deputy Manager - Finance Salaries at Varroc Group 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 10+ Varroc Group employees in India.

What is the estimated take home salary of a Deputy Manager - Finance at Varroc Group in India?

The estimated take-home salary of a Deputy Manager - Finance at Varroc Group in India typically ranges from ₹74,415 to ₹76,340 per month. This is based on the average salary range of ₹8.8 Lakhs to ₹13.1 Lakhs per year for employees with experience ranging from 1 year to 27 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 10+ salaries received from various employees of Varroc Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Varroc Group for Deputy Manager - Finance in India?

Magna International	₹14.5 Lakhs to ₹23.0 Lakhs per year
Asahi India Glass	₹6.8 Lakhs to ₹19.2 Lakhs per year
Motherson Automotive Technologies and Engineering	₹12.0 Lakhs to ₹17.2 Lakhs per year
Spark Minda	₹11.0 Lakhs to ₹15.1 Lakhs per year
TVS Sundram Fasteners	₹10.0 Lakhs to ₹16.9 Lakhs per year

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

What is the salary of a Deputy Manager - Finance in companies similar to Varroc Group in India?

The salary of a Deputy Manager - Finance at companies similar to Varroc Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SKF	₹10.0 Lakhs to ₹18.0 Lakhs per year
Krishna Maruti	₹10.5 Lakhs to ₹16.5 Lakhs per year
Endurance Technologies	₹9.0 Lakhs to ₹14.5 Lakhs per year
Bharat Forge	₹8.6 Lakhs to ₹15.0 Lakhs per year
Tata AutoComp Systems	₹9.0 Lakhs to ₹15.0 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 Deputy Manager - Finance at Varroc Group in India?

The salary growth for a Deputy Manager - Finance at Varroc Group depends on factors such as experience, performance, and promotions. On average, a Deputy Manager - Finance can expect the following growth trajectory at Varroc Group:

Experience	Average Salary Range
1 year	₹9.0 Lakhs to ₹18.9 Lakhs per year
2 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
3 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
4 years	₹8.8 Lakhs to ₹12.5 Lakhs per year

and so on.

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Varroc Group Deputy Manager - Finance Salaries

Varroc Group Deputy Manager - Finance salary in India ranges between ₹8.8 Lakhs to ₹13.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Varroc Group latest salaries received from various employees of Varroc Group.