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

 

Know the Salary of ICWA in India

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

Know the Salary of CA in India

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.