FINANCIAL ACCOUNTANT / SALARY
INDIA

SALARY SURVEYS

21

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

83.19 INR = 1 USD

2,230,020 INR

$26,807 USD

Bangalore

3,589,229 INR

582,316 INR

$7,000 USD

Including "Bangalore"

Excluding "Bangalore"

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Average Salary / Financial Accountant / India

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Average salary for Financial Accountant / India is 2,230,020 INR per year. The most typical earning is 582,316 INR. All data are based on 21 salary surveys. Salaries are different between men and women. Men receive an average salary of 2,445,727 INR. Women receive a salary of 1,430,833 INR.

Based on education, the highest salaries receive people with Masters Degree with salary of 2,653,697 INR. The second most paid education level is Doctorate Degree with salary of 1,996,512 INR.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 8,002,685 INR. Employees with 8-12 Years of experience receive 2,919,898 INR.

Levels / Financial Accountant / India (Gross INR)

Salary Levels (INR) per Year	Surveys	[%]
83,200 INR - 166,299 INR	0	n/a
166,400 INR - 249,499 INR	0	n/a
249,600 INR - 415,899 INR	0	n/a
THE MOST TYPICAL SALARY
415,900 INR - 831,799 INR	5	100% 23.81%
831,900 INR - 1,247,699 INR	5	76.19% 23.81%
1,247,800 INR - 1,663,699 INR	0	n/a
1,663,800 INR - 2,079,599 INR	3	52.38% 14.29%
2,079,700 INR - 2,495,599 INR	1	38.1% 4.76%
2,495,600 INR - 2,911,499 INR	2	33.33% 9.52%
2,911,600 INR - 3,327,399 INR	2	23.81% 9.52%
3,327,500 INR - 3,743,399 INR	0	n/a
3,743,500 INR - 4,159,299 INR	0	n/a
4,159,400 INR - 4,575,299 INR	1	14.29% 4.76%
4,575,300 INR - 4,991,199 INR	0	n/a
4,991,300 INR - 5,407,099 INR	0	n/a
5,407,200 INR - 5,823,099 INR	0	n/a
5,823,200 INR - 6,238,999 INR	0	n/a
6,239,100 INR - 6,654,999 INR	0	n/a
6,655,000 INR - 7,070,899 INR	1	9.52% 4.76%
7,071,000 INR - 7,486,799 INR	0	n/a
7,486,900 INR - 7,902,799 INR	0	n/a
7,902,900 INR - 8,318,699 INR	1	4.76% 4.76%
8,318,800 INR - 8,734,699 INR	0	n/a
8,734,700 INR - 9,150,599 INR	0	n/a
9,150,700 INR - 9,566,499 INR	0	n/a
9,566,600 INR - 9,982,499 INR	0	n/a
9,982,600 INR - 10,398,399 INR	0	n/a
10,398,500 INR - 10,814,399 INR	0	n/a
10,814,400 INR - 11,230,299 INR	0	n/a
11,230,400 INR - 11,646,199 INR	0	n/a
11,646,300 INR - 12,062,199 INR	0	n/a
12,062,300 INR - 12,478,099 INR	0	n/a
HIGH SALARIES
12,478,200 INR - 13,309,999 INR	0	n/a
13,310,100 INR - 14,141,899 INR	0	n/a
14,142,000 INR - 14,973,799 INR	0	n/a
14,973,800 INR - 15,805,599 INR	0	n/a
15,805,700 INR - 16,637,499 INR	0	n/a
16,637,600 INR - 17,469,399 INR	0	n/a
17,469,500 INR - 18,301,299 INR	0	n/a
18,301,400 INR - 19,133,199 INR	0	n/a
19,133,200 INR - 19,964,999 INR	0	n/a
19,965,100 INR - 20,796,899 INR	0	n/a
20,797,000 INR - 29,115,799 INR	0	n/a

Gender / Financial Accountant / India (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	17	2,445,727 INR
2	Women	3	1,430,833 INR

Education / Financial Accountant / India (Gross INR)

#		Surveys
1	Masters Degree	15	2,653,697 INR
2	Doctorate Degree	2	1,996,512 INR
3	Bachelors Degree	4	748,692 INR

Experience / Financial Accountant / India (Gross INR)

#		Surveys
1	20+ Years	1	8,002,685 INR
2	8-12 Years	4	2,919,898 INR
3	16-20 Years	2	2,603,784 INR
4	12-16 Years	2	2,528,915 INR
5	4-8 Years	8	1,647,122 INR
6	2-4 Years	3	1,089,762 INR
7	1-2 Years	1	440,896 INR

Age / Financial Accountant / India (Gross INR)

#		Surveys
1	41-45	2	6,272,375 INR
2	31-35	8	2,545,552 INR
3	36-40	3	1,913,324 INR
4	26-30	6	1,123,038 INR
5	n/a	1	915,068 INR
6	21-25	1	540,722 INR

Work Type / Financial Accountant / India (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	20	2,304,307 INR
2	Contract	1	740,373 INR

Cities / Financial Accountant / India (Gross INR)

#		Surveys
1	Bangalore	6	3,585,402 INR
2	Mumbai	7	2,312,626 INR
3	Delhi	3	1,905,005 INR
4	Pune	1	781,967 INR
5	Calcutta	2	707,098 INR
6	Chennai	1	665,504 INR
7	Hyderabad	1	540,722 INR

People's individual salary examples (surveys)

Fund Accountant

Posted 25 May 2022
Key knowledge and tasks

"NAV calculation."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Masters Degree	4-8 Years	Intermediate	1,972,300 INR

Director

Posted 17 January 2022
Key knowledge and tasks

"Accounts, finance, Taxation."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Masters Degree	16-20 Years	Expert	4,536,700 INR

Fund Servicing

Posted 27 February 2021
Key knowledge and tasks

"NAV calculation, corporate action management, collateral management."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	2-4 Years	n/a	1,942,900 INR

Tax Associate

Posted 23 May 2020
Key knowledge and tasks

"Preparation of Statutory accounts and financial statements draft."

City	Education	Experience	Knowledge	Gross salary / year
Calcutta	Bachelors Degree	1-2 Years	n/a	439,700 INR

Finance Officer

Posted 05 August 2019
Key knowledge and tasks

"Reconciliation, invoices, expenses."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Bachelors Degree	4-8 Years	n/a	1,162,600 INR

Internal Auditor

Posted 27 April 2019
Key knowledge and tasks

"7 years post qualification experience in Finance Consulting, Auditing and Taxation (both Direct & Indirect)
of varied entities. 
? Formulation of business development and impact analysis for new businesses as distributors. 
? Assisted sick units for Corporate Debt Restructuring by liaising with Scheduled Banks. 
? Creation and presentation of data analytics of financial statements to banks for obtaining funded and nonfunded
loans complying prevalent laws."

City	Education	Experience	Knowledge	Gross salary / year
Calcutta	Doctorate Degree	4-8 Years	n/a	976,500 INR

Financial Controller

Posted 11 April 2019
Key knowledge and tasks

"Review, analysis, cost performance analysis, reconciliation."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	12-16 Years	n/a	2,110,100 INR

Revenue Analyst

Posted 05 April 2019
Key knowledge and tasks

"Processing revenue impacting adjustments."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Masters Degree	4-8 Years	n/a	1,046,300 INR

Finance Controller

Posted 01 February 2019
Key knowledge and tasks

"Accounting and audit."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Doctorate Degree	8-12 Years	n/a	3,022,800 INR