Audit and Financial/Business Controls Director Salary in India
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How much does an Audit and Financial/Business Controls Director make in India? The average Audit and Financial/Business Controls Director salary in India is ₹5,261,221 as of March 18, 2021, but the range typically falls between ₹2,978,377 and ₹7,074,764. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost an Audit and Financial/Business Controls Director Salary
Mastering key skills can significantly increase your earning potential as an Audit and Financial/Business Controls Director. According to Salary.com's Real-time Job Posting Data, expertise in Risk Assessment can lead to a 4% salary raise, while strong Business Administration skills boost pay by a 1%. Even Microsoft Office can result in a 1% salary increase.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Risk Assessment
Broadly speaking, a risk assessment is the combined effort of: identifying and analyzing potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. risk analysis); and making judgments "on the tolerability of the risk on the basis of a risk analysis" while considering influencing factors (i.e. risk evaluation).Put in simpler terms, a risk assessment analyzes what can go wrong, how likely it is to happen, what the potential consequences are, and how tolerable the identified risk is. As part of this process, the resulting determination of risk may be expressed in a quantitative or qualitative fashion. The risk assessment is an inherent part of an overall risk management strategy, which attempts to, after a risk assessment, "introduce control measures to eliminate or reduce" any potential risk-related consequences.
Business Administration
It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.
Microsoft Office
Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
More Skills...
Based on recent job listings, in-demand skills in the Audit and Financial/Business Controls Director field include Risk Assessment (4%), Business Administration (1%), and Microsoft Office (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| ₹5,471,670 |
Risk Assessment
₹5,471,670
|
4%
|
|
| ₹5,313,833 |
Business Administration
₹5,313,833
|
1%
|
|
| ₹5,313,833 |
Microsoft Office
₹5,313,833
|
1%
|
What does an Audit and Financial/Business Controls Director do?
Audit and Financial/Business Controls Director
Cordova, ES
The Director of Internal Audit performs special investigations as requested by the President.
12/23/2020
Audit and Financial/Business Controls Director
Guadalajara, MX
The Director of Internal Audit supports the Board of Directors’ Audit Committee and senior firm leadership in fulfilling their oversight roles by providing independent assessments of the firm’s risk management and internal control environment, and by providing advice to management in developing control solutions.
03/15/2021
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About India
India (Hindi: Bhārat), officially the Republic of India (Hindi: Bhārat Gaṇarājya), is a country in South Asia. It is the second-most populous country, the seventh-largest country by land area, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west;[f] China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands shar...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Audit and Financial/Business Controls Director Pay Difference by Cities
| City, Country | Compared to national average |
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| City, Country Mumbai, IN |
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| City, Country Jaipur, IN |
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| City, Country Kanpur, IN |
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| City, Country Lucknow, IN |
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| City, Country Nagpur, IN |
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| City, Country Indore, IN |
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Employees with Audit and Financial/Business Controls Director in their job title in Mumbai, IN earn an average of 8.4% more than the national average. The lower salaries can be found in Nagpur, IN (16.3% less), Indore, IN (14.5% less), Lucknow, IN (12.4% less), Jaipur, IN (9.2% less), Kanpur, IN (6.6% less).
Similar Jobs to Audit and Financial/Business Controls Director in India
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| Job Title | Salary Range in INR |
|---|---|
| Job Title Audit and Financial/Business Controls - Entry |
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| Job Title Audit and Financial/Business Controls Lead |
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| Job Title Audit and Financial/Business Controls Manager |
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| Job Title Audit Director |
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| Job Title IS Audit and Business Controls - Entry |
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Understand the base salary paid range for an Audit and Financial/Business Controls Director in India
Average Base Salary
Core compensation
2978377
7074764
The chart shows the base salary for Audit and Financial/Business Controls Director ranges from ₹2,978,377 to ₹7,074,764 with the average base salary of ₹5,261,221. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Audit and Financial/Business Controls Director may get paid difference by industry, location, and factors.
Audit and Financial/Business Controls Director Frequently Asked Questions in India
What is the salary range for an Audit and Financial/Business Controls Director in India? What is the average hourly rate?
The average salary for an Audit and Financial/Business Controls Director in India is ₹5,261,221 per year. The salary range for an Audit and Financial/Business Controls Director is between ₹2,978,377 and ₹7,074,764. While we are seeing hourly wages as high as ₹3,401 and as low as ₹1,432, the majority of Audit and Financial/Business Controls Directors are currently paid an average of ₹2,529 in India. The average salary pay range for an Audit and Financial/Business Controls Director can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Audit and Financial/Business Controls Director in India can differ based on any or all of these varying factors.
March 18, 2021
salary.com
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Why should you negotiate salary for an Audit and Financial/Business Controls Director role? What are effective negotiation strategies?
Most hiring managers in India expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Audit and Financial/Business Controls Director position that you can in India. This starting salary of the Audit and Financial/Business Controls Director position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Audit and Financial/Business Controls Director position in India, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs.
March 18, 2021
salary.com
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How do you evaluate the advantages, opportunities, and salary for an Audit and Financial/Business Controls Director role located in large metropolitan city or in a small town?
Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of an Audit and Financial/Business Controls Director in the India can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. an Audit and Financial/Business Controls Director job in a large city of the India may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the India also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Audit and Financial/Business Controls Director job is right for you.
March 18, 2021
salary.com
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Last Update: March 18, 2021