Varroc Group Financial Controller Salaries by 5 Employees

12 - 13 years exp.

₹20 Lakhs - ₹43.1 Lakhs

Salary of majority employees

38% more than the average Financial Controller Salary in Auto Components Companies for 12 - 13 years of experience

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Salaries in different departments

Finance & Accounting Financial Controller Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹30 L/yr
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Strategic & Top Management Financial Controller Salary 12 years exp. (AmbitionBox Estimate)	₹38.8 L/yr - ₹47.4 L/yr

Last Updated: 16 Mar 2023

Companies similar to Varroc Group for Financial Controller

Company name	Avg Annual Salary	Open Jobs
Faurecia Financial Controller Salary 3 - 18 years exp. (16 salaries)	₹8.5 L/yr - ₹34.5 L/yr 42% less
Magna International Financial Controller Salary 8 - 12 years exp. (6 salaries)	₹18 L/yr - ₹24 L/yr 38% less
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SKF Financial Controller Salary 10 - 29 years exp. (5 salaries)	₹23 L/yr - ₹42 L/yr 1% more
Gabriel India Financial Controller Salary 3 - 17 years exp. (5 salaries)	₹6 L/yr - ₹27.9 L/yr 53% less
Schaeffler India Financial Controller Salary 12 - 15 years exp. (4 salaries)	₹32 L/yr - ₹48 L/yr 9% more
Spark Minda Financial Controller Salary 10 - 12 years exp. (4 salaries)	₹23 L/yr - ₹40 L/yr 5% less
CIE Automotive Financial Controller Salary 4 - 25 years exp. (4 salaries)	₹14 L/yr - ₹51 L/yr 9% less
Tata AutoComp Systems Financial Controller Salary 11 - 14 years exp. (4 salaries)	₹15.6 L/yr - ₹21 L/yr 47% less
Michelin Financial Controller Salary 5 - 9 years exp. (3 salaries)	₹7 L/yr - ₹27 L/yr 45% less
JBM Group Financial Controller Salary 8 - 11 years exp. (3 salaries)	₹19.6 L/yr - ₹26 L/yr 34% less

Financial Controller salary at Varroc Group ranges between ₹20 Lakhs to ₹43.1 Lakhs per year for employees with experience between 12 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Financial Controller salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
12 years (3 salaries)	₹20 L/yr - ₹43.1 L/yr
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13 years (AmbitionBox Estimate)	₹30 L/yr - ₹43.1 L/yr

Similar Designation salaries in Varroc Group

Group Financial Controller Salary

(3 salaries)

₹98 L/yr - ₹150 L/yr

Financial Analyst Salary

(18 salaries)

₹8.25 L/yr - ₹25 L/yr

Plant Finance Controller Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Finance Manager Salary

(6 salaries)

₹12 L/yr - ₹16.22 L/yr

Assistant Finance Controller Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹20.7 L/yr - ₹26.5 L/yr

Senior Financial Analyst Salary

(AmbitionBox Estimate)

₹11.2 L/yr - ₹14.3 L/yr

Analyst Salary

(3 salaries)

₹6 L/yr - ₹8 L/yr

Senior Associate Salary

(13 salaries)

₹6.55 L/yr - ₹10.75 L/yr

SAP Fico Consultant Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 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

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

R&D Engineer in Pune

Full Time

Research & Development Department

3.0

• posted on 29 Nov 2024

3.0

for Salary and Benefits

Likes

Varroc is a good employer with good work culture. Flexible work hours, on time salary, peer respect. People and management are supportive. Lots of learning across various engineering disciplines. Good interactions with plant and corporate to make experience more rewarding.

Skill development - Good

+2 more

Dislikes

Salary and benefits are not at par with industries. Need more projects / order to increase job security. No international exposure for ordinary employees.

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 Financial Controller Salary FAQs

What is the salary of Financial Controller at Varroc Group ?

The average salary of a Financial Controller at Varroc Group in India typically ranges from ₹20.0 Lakhs to ₹43.1 Lakhs per year, depending on experience (from 12 years to 13 years).

The top 10% of Financial Controller at Varroc Group earn more than ₹43.1 Lakhs per year, and the top 1% earn over ₹43.1 Lakhs per year. Financial Controller 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 5 Varroc Group employees in India.

What is the estimated take home salary of a Financial Controller at Varroc Group in India?

The estimated take-home salary of a Financial Controller at Varroc Group in India typically ranges from ₹2,16,836 to ₹2,25,504 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹43.1 Lakhs per year for employees with experience ranging from 12 years to 13 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 Varroc Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Varroc Group for Financial Controller in India?

Schaeffler India	₹32.0 Lakhs to ₹48.0 Lakhs per year
SKF	₹23.0 Lakhs to ₹42.0 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 Financial Controller in companies similar to Varroc Group in India?

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

Spark Minda	₹23.0 Lakhs to ₹40.0 Lakhs per year
CIE Automotive	₹14.0 Lakhs to ₹51.0 Lakhs per year
JBM Group	₹19.6 Lakhs to ₹26.0 Lakhs per year
Magna International	₹18.0 Lakhs to ₹24.0 Lakhs per year
Faurecia	₹8.5 Lakhs to ₹34.5 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 Financial Controller at Varroc Group in India?

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

Experience	Average Salary Range
12 years	₹20.0 Lakhs to ₹43.1 Lakhs per year
13 years	₹30.0 Lakhs to ₹43.1 Lakhs per year

and so on.

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Varroc Group Financial Controller Salaries

Varroc Group Financial Controller salary in India ranges between ₹20 Lakhs to ₹43.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Varroc Group latest salaries received from various employees of Varroc Group.