Intermediate Accountant Salary in India
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How much does an Intermediate Accountant make in India? The average Intermediate Accountant salary in India is ₹847,440 as of March 18, 2021, but the range typically falls between ₹625,072 and ₹1,090,570. 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 Intermediate Accountant Salary
Mastering key skills can significantly increase your earning potential as an Intermediate Accountant. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 5% salary raise, while strong Accounts Receivable skills boost pay by a 2%. Even Internal Control 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.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Accounts Receivable
Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
Internal Control
Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.
More Skills...
Based on recent job listings, in-demand skills in the Intermediate Accountant field include Analysis (5%), Accounts Receivable (2%), Internal Control (1%), and Financial Accounting (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| ₹889,812 |
Analysis
₹889,812
|
5%
|
|
| ₹864,389 |
Accounts Receivable
₹864,389
|
2%
|
|
| ₹855,914 |
Internal Control
₹855,914
|
1%
|
|
| ₹855,914 |
Financial Accounting
₹855,914
|
1%
|
What does an Intermediate Accountant do?
Intermediate Accountant
Dijon, FR
The purpose is to describe how accounting for these transactions is usually done, or in some cases what are options in prevailing practice, and to give adequate preparation to accountants for treatment of most usual cases.
03/03/2021
Intermediate Accountant
Chennai, IN
The possibility of a lower cost of living may be the best factor to use when considering location and salary for an Intermediate Accountant role.
02/20/2021
Intermediate Accountant
Sapporo, JP
After learning the basic principles of accounting, a college student seeking a bachelor’s degree in this field must then complete two semesters of in-depth intermediate accounting classes.
02/11/2021
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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
Intermediate Accountant Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Mumbai, IN |
Compared to national average
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| City, Country Jaipur, IN |
Compared to national average
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| City, Country Kanpur, IN |
Compared to national average
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| City, Country Lucknow, IN |
Compared to national average
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| City, Country Nagpur, IN |
Compared to national average
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| City, Country Indore, IN |
Compared to national average
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Employees with Intermediate Accountant 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 Intermediate Accountant in India
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| Job Title | Salary Range in INR |
|---|---|
| Job Title Accountant I |
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| Job Title Accountant II |
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| Job Title Accountant III |
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| Job Title Cost Accountant II |
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| Job Title Financial Reporting Accountant II |
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Understand the base salary paid range for an Intermediate Accountant in India
Average Base Salary
Core compensation
625072
1090570
The chart shows the base salary for Intermediate Accountant ranges from ₹625,072 to ₹1,090,570 with the average base salary of ₹847,440. 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 Intermediate Accountant may get paid difference by industry, location, and factors.
Intermediate Accountant Frequently Asked Questions in India
What is the salary range for an Intermediate Accountant in India? What is the average hourly rate?
The average salary for an Intermediate Accountant in India is ₹847,440 per year. The salary range for an Intermediate Accountant is between ₹625,072 and ₹1,090,570. While we are seeing hourly wages as high as ₹524 and as low as ₹301, the majority of Intermediate Accountants are currently paid an average of ₹407 in India. The average salary pay range for an Intermediate Accountant 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 Intermediate Accountant in India can differ based on any or all of these varying factors.
March 18, 2021
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Why should you negotiate salary for an Intermediate Accountant 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 Intermediate Accountant position that you can in India. This starting salary of the Intermediate Accountant 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 Intermediate Accountant 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 Intermediate Accountant 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 Intermediate Accountant 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 Intermediate Accountant 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 Intermediate Accountant job is right for you.
March 18, 2021
salary.com
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Last Update: March 18, 2021