| Re: Salary for Cost and Accountant of India
The main motive of the Institute of Cost and Works Accountants of India is to meet the increasing universal demand for quality cost management by building on and regulating Cost Accountancy in India. It opens up a world of opportunities for aspirants in fields like management and consultancy.
ICWA Salaries
Job Category Average Annual Salaries
Chief Financial Officer INR 1,795,997 - INR 6,853,512
Cost Accountant INR 118,149 - INR 800,000
Internal Auditor INR 150,000 - INR 987,342
Finance Manager INR 563,739 - INR 1,534,429
Assistant Finance Manager INR 293,433 - INR 875,857
Salaries of ICWA Based on Industry
Kind of Industry Average Annual Salaries
Banking INR 530,000
Information Technology or IT INR 1,017,369
Consultancy INR 712,244
Manufacturing and Distribution INR 884,695
Telecommunications INR 1,300,000
BPO or Business Process Outsourcing INR 498,453
Financial Services INR 400,000
Salaries based on experience
Experience Average Annual Salaries
Less than a year INR 291,632
1-4 years INR 422,151
5-9 years INR 732,025
10-19 years INR 1,149,211
20 years and more INR 2,904,452
Salaries based on cities
Cities Average Annual Salaries
Hyderabad, Andhra Pradesh INR 530,000
Bengaluru, Karnataka INR 915,615
Pune, Maharashtra INR 515,000
Mumbai, Maharashtra INR 813,892
Gurgaon, Haryana INR 1,099,420
Chennai, Tamil Nadu INR 780,000
Salaries based on Skills
Skills Average Annual Salaries
Accounting INR 828,012
Microsoft Excel INR 534,952
Account Management INR 489,796
Financial Reporting INR 900,000
Financial Analysis INR 710,000
Microsoft Office INR 554,811
Microsoft Word INR 460,000
Accounts Payable INR 614,627
Senior Financial Management INR 2,195,455
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