With prosperity in the Indian job market in the recent years, each business house or company, however small or big, requires an accountant for maintenance of annual financial report and daily book of accounts.So, accountant salary in India is nowadays is much lucrative. Chartered accountants or CAs can get handsome pay package, along with other perquisites, in both government and private sectors.
Accountant Salary range in top 5 Companies
Company |
Average Salary (per year) |
ICICI Bank Ltd. |
INR 367663 to INR 1761685 |
Deloitte Haskins & Sells |
INR 357586 to INR 1208048 |
Pricewaterhouse |
INR 494931 to INR 909125 |
Ernst and Young LLP |
INR 207293 to INR 976503 |
PricewaterhouseCoopers |
INR 50684 to INR 1282223 |
Accountant Salary range as per various Industry
Industry |
Average Salary (per year) |
Financial Services |
INR 280718 to INR 1298445 |
Auditing Accounting and Tax Services |
INR 247753 to INR 1192977 |
Information Technology (IT) Services |
INR 264901 to INR 1178668 |
Consultancy |
INR 275128 to INR 1253904 |
Banking |
INR 280854 to INR 1249630 |
Average Salary for Accountants (as per different designations)
Designation |
Average Salary |
Minimum Salary |
Maximum Salary |
Entry level / Fresher |
INR 10000 |
INR 7000 |
INR 12000 |
Junior Executive |
INR 12000 |
INR 8500 |
INR 20000 |
Senior Executive |
INR 18500 |
INR 13000 |
INR 35000 |
Manager |
INR 30000 |
INR 15000 |
INR 70000 |
Senior Manager |
INR 35000 |
INR 25000 |
INR 80000 |
Accountants Salary by Location
Accountant Salary by Location |
Average Salary (per year) |
Bangalore |
INR 252,865 |
Gurgaon |
INR 248,180 |
Mumbai (Bombay) |
INR 241,250 |
Pune |
INR 229,540 |
Kolkata |
INR 205,800 |
Delhi |
INR 206,490 |
Ahmedabad |
INR 196,780 |
Hyderabad |
INR 189,220 |
Coimbatore |
INR 182,190 |
Surat |
INR 181,590 |
Quick Facts
- The percentage of females for chartered accountant jobs in India is 19.
- The percentage of males for chartered accountant jobs in India is 81.
- The average salary range for female employees in India INR 2,97,519 to INR 7,14,886
- The average salary range for male employees in India INR 4,17,940 to INR 9,04,515
Top Companies in India recruiting Accountants
Some of the top companies in India, recruiting accountants are as follows:
ITC |
S R Batliboy |
IOC |
HCL Technology |
ICICI Bank |
GE Capital |
Tolaram |
Morgan Stanley |
Yes Bank |
REC |
Vedant |
Delloite |
Larsen and Toubro |
Axis Bank |
Some of the leading companies in India hiring employees after completion of MS or MBA in Accounting through campus placements are :
Deloitte Accounting |
BKD |
PwC |
Crowe Horwath |
KPMG |
Clifton Gunderson |
Grant Thornton |
Cummins, Inc. |
Ernst Young |
Umbaugh |
McGladrey |
|
Career Prospects for Accountants
According to the US Bureau of Labor Statistics, the future of accountant professionals is bright, as there will be nearly 16% increase in employment openings by 2016. Demand for accountants is particularly highest in the health care and tax areas. Freshers can gain experience by working as junior internal auditors or a private accountants. A career as an accountant offers excellent employment prospects.
Related