Vizag Steel Visakhapatnam Senior Manager Finance Salaries by 6 Employees

9 - 17 years exp.

₹19 Lakhs - ₹30 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% more than the average Senior Manager Finance Salary in Iron & Steel Companies for 9 - 17 years of experience

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Last Updated: 22 Dec 2023

Companies similar to Vizag Steel for Senior Manager Finance in Visakhapatnam

Vizag Steel Senior Manager Finance Salary

9 - 17 years exp. (6 salaries)

₹19 L/yr - ₹30 L/yr

Company name	Avg Annual Salary	Open Jobs
Vesuvius Senior Manager Finance Salary 23 - 25 years exp. (3 salaries)	₹28 L/yr - ₹38 L/yr 44% more
Nalco Senior Manager Finance Salary 12 - 14 years exp. (3 salaries)	₹30 L/yr - ₹35 L/yr 38% more
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Max Fashion Senior Manager Finance Salary 8 - 10 years exp. (3 salaries)	₹4.1 L/yr - ₹5.2 L/yr 81% less

Senior Manager Finance salary at Vizag Steel ranges between ₹19 Lakhs to ₹30 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Vizag Steel.

Experience wise Vizag Steel Senior Manager Finance salaries in Visakhapatnam

Last Updated: 22 Dec 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
11 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
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12 years (AmbitionBox Estimate)	₹25.7 L/yr - ₹32.8 L/yr
13 years (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
15+ years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr

Similar Designation salaries in Vizag Steel

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Accounts & Finance Manager Salary

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₹15 L/yr - ₹21 L/yr

Finance Manager Salary

(5 salaries)

₹18 L/yr - ₹20 L/yr

Deputy Manager Finance Accounts Salary

(5 salaries)

₹15 L/yr - ₹18 L/yr

Deputy Manager - Finance Salary

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Manager-F&A Salary

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Secretarial Officer Salary

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Salary related reviews for Vizag Steel

3.0

Rated by 1 employees for salary & benefits

Senior Manager Finance & Accounts in Visakhapatnam

Finance & Accounting Department

3.0

• posted on 09 Feb 2022

4.0

for Salary and Benefits

Likes

As it is a PSU, Work Life balance is good , Job security is there. Pay is also decent and good. Company has a good & big Township with vast number of trees ,greenery, having various schools(6), parks, play grounds, walking track , skating , badminton court, indoor stadium, hockey ground and a big hospital . Company provides house accommodation ie.,company quarter. , which are old but liveable. Company provides medical facility and also had tie up with prominent hospitals for referrals . Those who want a peaceful life, without any major career aspirations will like the company.

Salary - Good

+2 more

Dislikes

...sibility. Decision making is very slow.Company is Incurring losses since 2016. Due to which pay revision not done for executives that was due since 2017. No scope for career growth & development for aspiring ,talented & hard working individuals. All employees of same grade, who work & perform and those who do not work & perform receive the same pay.

Skill development - Poor

+3 more

Deputy Manager in New Delhi

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 31 Aug 2024

2.0

for Salary and Benefits

Likes

Environment is greenery. Support callegue . Appreciating for smart work and hard working.

Skill development - Good

+2 more

Dislikes

Salary is cutting, salary is not getting in time. No promotion, employees frightened for job security due product reduced upto 50 percent. Employees are migrating due to job security. No bonus, No PRP, No future prediction.

Salary - Poor

+1 more

Senior Manager in Visakhapatnam

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 02 Jun 2023

3.0

for Salary and Benefits

Likes

It has a good township.

Job security - Excellent

Dislikes

1) work discipline is very bad. Basically the person who works very hard and a person who does not work get the same salary. 2) hard work is not properly rewarded. 3) HR policies are very bad. 4) if you are politically connected, you get transferred to a comfortable department of your choice. 5) castism and regionalism politics are very high. 6) no skill development for deserving employees. 7) employees are not groomed for higher management roles.

Skill development - Poor

+4 more

Senior Manager in Visakhapatnam

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 06 Jan 2023

4.0

for Salary and Benefits

Likes

its a government job. salary and health benefits are good. you are fully compensated for any misfortune events. promotion is fixed and on time. great city to live in, it has avery neat and clean comoany township.

Salary - Good

+3 more

Dislikes

working environment is not good. continuous exposure to heat and pollution. very less increment.

Senior Electrical Engineer in Kurnool

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 11 Apr 2022

2.0

for Salary and Benefits

Likes

Client(VSP) is okay but Nagarjuna Engineering Construction management is waste.

Dislikes

No appreciation for Hard working people.No salary hikes.Late and irregular salary credit dates.No recognition for senior and talented people

Salary - Poor

+3 more

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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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Vizag Steel Senior Manager Finance Salary FAQs

What is the salary of Senior Manager Finance at Vizag Steel in Visakhapatnam?

The average salary of a Senior Manager Finance at Vizag Steel in Visakhapatnam typically ranges from ₹19.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 9 years to 17 years).

The top 10% of Senior Manager Finance in Visakhapatnam at Vizag Steel earn more than ₹29.9 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Senior Manager Finance Salaries at Vizag Steel 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 6 Vizag Steel employees in India.

What is the estimated take home salary of a Senior Manager Finance at Vizag Steel in Visakhapatnam?

The estimated take-home salary of a Senior Manager Finance at Vizag Steel in Visakhapatnam typically ranges from ₹1,53,524 to ₹1,59,329 per month. This is based on the average salary range of ₹19.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 9 years to 17 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 6 salaries received from various employees of Vizag Steel. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Vizag Steel for Senior Manager Finance in India?

Vesuvius	₹28.0 Lakhs to ₹38.0 Lakhs per year
Nalco	₹30.0 Lakhs to ₹35.0 Lakhs per year

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

What is the salary of a Senior Manager Finance in companies similar to Vizag Steel in Visakhapatnam?

The salary of a Senior Manager Finance at companies similar to Vizag Steel in Visakhapatnam varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Max Fashion

₹4.1 Lakhs to ₹5.2 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 Senior Manager Finance at Vizag Steel in Visakhapatnam?

The salary growth for a Senior Manager Finance at Vizag Steel in Visakhapatnam depends on factors such as experience, performance, and promotions. On average, a Senior Manager Finance in Visakhapatnam can expect the following growth trajectory at Vizag Steel:

Experience	Average Salary Range
9 years	₹17.1 Lakhs to ₹21.9 Lakhs per year
11 years	₹20.7 Lakhs to ₹26.5 Lakhs per year
12 years	₹25.7 Lakhs to ₹32.8 Lakhs per year
13 years	₹21.6 Lakhs to ₹27.6 Lakhs per year

and so on.

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Vizag Steel Senior Manager Finance Salaries in Visakhapatnam

Vizag Steel Senior Manager Finance salary in Visakhapatnam ranges between ₹19 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Vizag Steel latest salaries received from various employees of Vizag Steel.