Mumbai, the financial capital of India, is a hub for various industries, including finance, IT, and healthcare. The city’s economic growth has created a demand for skilled audit, tax, and management professionals. This article provides an in-depth overview of audit, tax, and manager jobs in Mumbai, including salary ranges and a detailed job description.
Salary Overview
Audit, tax, and manager salaries in Mumbai vary based on factors such as industry, company size, experience, and qualifications. Here are approximate salary ranges:
Audit Manager:
– Small-sized companies (revenue < ₹500 crores): ₹15-25 lakhs (USD 20,500-34,200) per year
– Medium-sized companies (revenue ₹500-1000 crores): ₹25-40 lakhs (USD 34,200-55,000) per year
– Large-sized companies (revenue > ₹1000 crores): ₹40-60 lakhs (USD 55,000-82,000) per year
Tax Manager:
– Small-sized companies (revenue < ₹500 crores): ₹18-30 lakhs (USD 24,500-41,000) per year
– Medium-sized companies (revenue ₹500-1000 crores): ₹30-50 lakhs (USD 41,000-68,500) per year
– Large-sized companies (revenue > ₹1000 crores): ₹50-80 lakhs (USD 68,500-110,000) per year
Manager (Finance):
– Small-sized companies (revenue < ₹500 crores): ₹20-35 lakhs (USD 27,500-48,000) per year
– Medium-sized companies (revenue ₹500-1000 crores): ₹35-60 lakhs (USD 48,000-82,000) per year
– Large-sized companies (revenue > ₹1000 crores): ₹60-100 lakhs (USD 82,000-137,000) per year
Job Description
Audit Manager:
– Conduct audits and reviews of financial statements
– Identify and mitigate financial risks
– Ensure compliance with regulatory requirements
– Develop and implement audit procedures
– Lead audit teams and provide guidance
Tax Manager:
– Plan and manage tax strategies
– Ensure compliance with tax laws and regulations
– Conduct tax audits and reviews
– Provide tax advisory services
– Manage tax teams and provide guidance
Manager (Finance):
– Oversee financial operations and decisions
– Develop financial strategies and plans
– Manage financial teams and provide guidance
– Ensure compliance with financial regulations
– Conduct financial analysis and provide insights
Requirements:
– Education: Bachelor’s degree in Accounting, Finance, or related field; CA, CMA, or CS certification preferred
– Experience: Minimum 5-10 years of experience in audit, tax, or finance
– Language Skills: Fluency in English, Hindi, and Marathi
– Technical Skills: Proficiency in financial software, such as Tally, SAP, or Excel
– Soft Skills: Strong leadership, communication, and problem-solving abilities
Industry-Specific Requirements:
– IT Industry: Knowledge of software development and project management
– Healthcare: Understanding of medical accounting and billing
– Finance Industry: Familiarity with financial markets and instruments
Career Path and Progression:
– Audit Manager: Senior Audit Manager, Head of Audit
– Tax Manager: Senior Tax Manager, Head of Tax
– Manager (Finance): Senior Manager, Financial Controller, CFO
Challenges and Opportunities:
– Regulatory complexity
– Economic volatility
– Growth opportunities in finance
– Talent development and retention
Conclusion:
Audit, tax, and manager jobs in Mumbai offer challenging and rewarding career opportunities. With competitive salaries and growing demand, Mumbai is an attractive destination for finance professionals.
If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com
