Godrej & Boyce Manufacturing Mumbai Finance Manager Salaries by 30+ Employees (Updated 2025)

1 - 15 years exp.

₹11.6 Lakhs - ₹20.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

Finance Manager Salary at Godrej & Boyce Manufacturing ranges between ₹11.6 Lakhs to ₹20.2 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 32 latest salaries... Read more

17% less than the average Finance Manager Salary in Consumer Electronics & Appliances Companies for 1 - 15 years of experience

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Last Updated: 27 Jul 2025

Companies similar to Godrej & Boyce Manufacturing for Finance Manager in Mumbai

Godrej & Boyce Manufacturing Finance Manager Salary

1 - 15 years exp. (32 salaries)

₹11.6 L/yr - ₹20.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Finance Manager Salary 0 - 9 years exp. (46 salaries)	₹10.8 L/yr - ₹19.2 L/yr 6% less
ICICI Bank Finance Manager Salary 1 - 7 years exp. (37 salaries)	₹9 L/yr - ₹16 L/yr 20% less
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Hindustan Unilever Finance Manager Salary 2 - 10 years exp. (33 salaries)	₹26 L/yr - ₹45 L/yr 116% more	3 job openings

Bharat Petroleum Finance Manager Salary 5 - 9 years exp. (30 salaries)	₹27 L/yr - ₹47.1 L/yr 125% more
Lupin Finance Manager Salary 1 - 9 years exp. (23 salaries)	₹13.9 L/yr - ₹25.7 L/yr 23% more

Godrej & Boyce Manufacturing Finance Manager salaries by

Years of experience	Avg. annual salary
1 year (10 salaries)	₹14 L/yr - ₹20.1 L/yr
2 years (4 salaries)	₹12.1 L/yr - ₹15.5 L/yr
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3 years (4 salaries)	₹11.6 L/yr - ₹17 L/yr
4 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
5 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
6 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
7 years (3 salaries)	₹14.5 L/yr - ₹19 L/yr
8 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.3 L/yr
9 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
10 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
11 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.2 L/yr
12 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
13 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
14 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
15+ years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr

View all salaries by experience

Similar Designation Salaries at Godrej & Boyce Manufacturing

Similar Designation	Avg. annual salary
Deputy Manager Salary (339 salaries)	₹5 L/yr - ₹15 L/yr
Sales Manager Salary (8 salaries)	₹11.3 L/yr - ₹17.5 L/yr
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Area Sales Manager Salary (7 salaries)	₹5.8 L/yr - ₹12.2 L/yr
Finance Executive Salary (4 salaries)	₹2.6 L/yr - ₹4.0 L/yr
Branch Manager Salary (3 salaries)	₹11.5 L/yr - ₹24.0 L/yr

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a digital marketer

CTC is 50lpa, but cannot even afford a vacation!

My manager is at 50lpa and age of 32 years, fully in the tech world. But I feel he is broke, Home loans and EMI are consuming his salary. 1.5 crore apartment, shiny car, apart from all this, he can't afford a single stress-free vacation. Welcome to India's newest illusion: high income with zero financial freedom. Literally feel he deserves this, but feel bad for him also! So in short, why do you want a good package and a good designation when you can't afford a happy vacation with family? Do you agree too?

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Salary related reviews for Godrej & Boyce Manufacturing

4.0

Rated by 3 employees for salary & benefits

Deputy Manager in Bhubaneswar

Sales & Business Development Department

3.0

• updated on 22 Nov 2024

3.0

for Salary and Benefits

Likes

It's Brand Superlative Legacy Product range

Dislikes

....No transparency during salary hike, promotion 4.Internal politics, making the colleague...

Deputy Manager in Mumbai

Customer Success, Service & Operations Department

4.0

• updated on 15 Sep 2023

3.0

for Salary and Benefits

Likes

-Good Culture. -Lot of opportunities to learn. -Competitive environment. -Organization is always...

Dislikes

... -The salary structure is not in par to market.

Deputy Manager in Mumbai

Production, Manufacturing & Engineering Department

4.0

• updated on 14 Dec 2022

4.0

for Salary and Benefits

Likes

.... If you are goodieee with your boss your salary rise like a rocket. I personally experie...

Dislikes

So many dislike Salary rise not good. Wasted mediclaim which cost you 30000 per year and gi...

Sales Manager in Pune

Sales & Business Development Department

3.0

• updated on 10 Jul 2022

2.0

for Salary and Benefits

Likes

.... In my last 11 year of career with this company I have never had problem like delay in Salary,...

Dislikes

Innovation at work is negligible and even if you come up with innovative ideas stubborn management a...

Deputy Manager in Mumbai

Production, Manufacturing & Engineering Department

3.0

• updated on 30 Nov 2023

5.0

for Salary and Benefits

Likes

> Good compensation and annual increments > Accommodation facility > Office timing > Work Lo...

Dislikes

> Due to Worker Union difficult to get desired jobs done by them > ITI / Diploma level experienced p...

see more salary related reviews

Godrej & Boyce Manufacturing Finance Manager Salary FAQs

What is the salary of Finance Manager at Godrej & Boyce Manufacturing in Mumbai?

The average salary of a Finance Manager at Godrej & Boyce Manufacturing in Mumbai typically ranges from ₹11.6 Lakhs to ₹20.2 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Finance Manager in Mumbai at Godrej & Boyce Manufacturing earn more than ₹18.4 Lakhs per year, and the top 1% earn over ₹20.2 Lakhs per year. Finance Manager Salaries at Godrej & Boyce Manufacturing 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 30+ Godrej & Boyce Manufacturing employees in India.

What is the estimated take home salary of a Finance Manager at Godrej & Boyce Manufacturing in Mumbai?

The estimated take-home salary of a Finance Manager at Godrej & Boyce Manufacturing in Mumbai typically ranges from ₹1,03,747 to ₹1,06,590 per month. This is based on the average salary range of ₹11.6 Lakhs to ₹20.2 Lakhs per year for employees with experience ranging from 1 year to 15 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 30+ salaries received from various employees of Godrej & Boyce Manufacturing. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Finance Manager at Godrej & Boyce Manufacturing in Mumbai?

To be a Finance Manager at Godrej & Boyce Manufacturing in Mumbai, the key skills required include:

- Finance
- Taxation
- Project Accounting
- Internal Audit
- Auditing

These skills are highly valued at Godrej & Boyce Manufacturing and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Godrej & Boyce Manufacturing for Finance Manager in India?

Bharat Petroleum	₹27.0 Lakhs to ₹47.1 Lakhs per year
Hindustan Unilever	₹26.0 Lakhs to ₹45.0 Lakhs per year
Lupin	₹13.9 Lakhs to ₹25.7 Lakhs per year

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

What is the salary of a Finance Manager in companies similar to Godrej & Boyce Manufacturing in Mumbai?

The salary of a Finance Manager at companies similar to Godrej & Boyce Manufacturing in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Retail	₹10.8 Lakhs to ₹19.2 Lakhs per year
ICICI Bank	₹9.0 Lakhs to ₹16.0 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 Finance Manager at Godrej & Boyce Manufacturing in Mumbai?

The salary growth for a Finance Manager at Godrej & Boyce Manufacturing in Mumbai depends on factors such as experience, performance, and promotions. On average, a Finance Manager in Mumbai can expect the following growth trajectory at Godrej & Boyce Manufacturing:

Experience	Average Salary Range
1 year	₹14.0 Lakhs to ₹20.1 Lakhs per year
2 years	₹12.1 Lakhs to ₹15.5 Lakhs per year
3 years	₹11.6 Lakhs to ₹17.0 Lakhs per year
4 years	₹13.7 Lakhs to ₹17.5 Lakhs per year

and so on.

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Godrej & Boyce Manufacturing Finance Manager Salaries in Mumbai

Godrej & Boyce Manufacturing Finance Manager salary in Mumbai ranges between ₹11.6 Lakhs to ₹20.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Godrej & Boyce Manufacturing latest salaries received from various employees of Godrej & Boyce Manufacturing.