Finance Director Salary in India
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How much does a Finance Director make in India? The average Finance Director salary in India is ₹6,498,266 as of March 18, 2021, but the range typically falls between ₹4,219,324 and ₹9,092,374. 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 a Finance Director Salary
Mastering key skills can significantly increase your earning potential as a Finance Director. According to Salary.com's Real-time Job Posting Data, expertise in Leadership can lead to a 7% salary raise, while strong Purchasing 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.
Leadership
Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Purchasing
Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
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 Finance Director field include Leadership (7%), Purchasing (1%), Microsoft Office (1%), and Financial Accounting (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| ₹6,953,145 |
Leadership
₹6,953,145
|
7%
|
|
| ₹6,563,249 |
Purchasing
₹6,563,249
|
1%
|
|
| ₹6,563,249 |
Microsoft Office
₹6,563,249
|
1%
|
|
| ₹6,563,249 |
Financial Accounting
₹6,563,249
|
1%
|
What does a Finance Director do?
Finance Director
Matamoros, MX
Provide technical expertise and advice on financial issues to functional or operational areas managers, to help them develop revenue and expense budgets, understand financial reports, and manage their financial responsibilities.
03/14/2021
Finance Director
Mexicali, MX
Provides leadership and guidance to any and all additional facility departmental responsibility entrusted to this position by the respective facility CEO in agreement with the Associate Vice President for Financial Operations.
03/13/2021
Finance Director
Le Havre, FR
Provide strategic insight to clients on their IT finance management by conducting current state assessments and enhance operating model and processes to optimize common taxonomy, KPIs and reporting flow between IT and Finance.
03/13/2021
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Career Path for Finance Director in India
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
Finance Director 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 Finance 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 Finance Director in India
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| Job Title | Salary Range in INR |
|---|---|
| Job Title Audit Director |
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| Job Title Audit/Compliance Director |
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| Job Title Auditing Director |
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| Job Title Divisional VP of Finance |
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| Job Title Finance Manager |
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Understand the base salary paid range for a Finance Director in India
Average Base Salary
Core compensation
4219324
9092374
The chart shows the base salary for Finance Director ranges from ₹4,219,324 to ₹9,092,374 with the average base salary of ₹6,498,266. 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 Finance Director may get paid difference by industry, location, and factors.
Finance Director Frequently Asked Questions in India
What is the salary range for a Finance Director in India? What is the average hourly rate?
The average salary for a Finance Director in India is ₹6,498,266 per year. The salary range for a Finance Director is between ₹4,219,324 and ₹9,092,374. While we are seeing hourly wages as high as ₹4,371 and as low as ₹2,029, the majority of Finance Directors are currently paid an average of ₹3,124 in India. The average salary pay range for a Finance 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 a Finance Director 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 a Finance 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 Finance Director position that you can in India. This starting salary of the Finance 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 Finance 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
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How do you evaluate the advantages, opportunities, and salary for a Finance 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 a Finance 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. a Finance 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 Finance Director job is right for you.
March 18, 2021
salary.com
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Last Update: March 18, 2021