You need to know the role that a Finance Manager plays in an organization and the expected salary that the industry is offering at this point.
Finance managers are responsible for providing useful information to upper-level managers that helps them make informed decisions.
Cash is the running blood of any organization.
Analyzing Cash inflows and cash outflows
Covering day-to-day expenses is also one of the jobs of a Finance Manager.
Making strategies that they would follow in the coming year(s).
Apart from the skills, a Finance Manager must possess, most companies require their Finance Managers to have merit in the field. It could either be a Bachelor’s Degree in Finance, accountancy, or any other related areas or a professional course like CMA USA, CPA, and ACCA.
In a survey, it was found that a finance manager’s salary in India for freshers (Less than 2 years of experience) is around ₹9.2 Lakhs per annum. A senior finance manager’s salary in India could even average up to ₹14 Lakhs per annum. The highest salary of a Finance Manager Salary in India is ₹30 Lakhs per annum.