What is the salary of a Finance Executive at Indian Oil Corporation?
The average salary for a Finance Executive at Indian Oil Corporation in India is around ₹9.0 Lakhs per year, ranging from ₹6.8 Lakhs to ₹9.7 Lakhs.
Position
Salary Range (Monthly)
Finance Executive
₹60,000 – ₹55,000
Assistant Officer (A0)
₹50,000 – ₹1,60,000
Officer (A)
₹60,000 – ₹1,80,000
Assistant Manager (B)
₹70,000 – ₹2,00,000
Deputy Manager (C)
₹80,000 – ₹2,20,000
Manager (D)
₹90,000 – ₹2,40,000
Senior Manager (E)
₹1,00,000 – ₹2,60,000
Chief Manager (F)
₹1,20,000 – ₹2,80,000
Dy. General Manager (G)
₹1,20,000 – ₹2,80,000
General Manager (H)
₹1,20,000 – ₹2,80,000
Executive Director (I)
₹1,50,000 – ₹3,00,000
Director
₹1,80,000 – ₹3,40,000
Chairman
₹2,00,000 – ₹3,70,000
Here are some extra perks and support programs that Finance Executives at Indian Oil Corporation (IOCL) might enjoy:
Help with Housing: IOCL can assist with finding housing or offer allowances to help with rent or mortgage payments. This support varies depending on where you work and your position.
Covering Commuting Costs: You might get help with travel expenses, like fuel costs or public transportation fares. This can ease the burden of getting to and from work.
Staying Healthy: IOCL cares about your well-being. They might offer wellness programs to help you stay fit physically and mentally. These could include gym memberships, health check-ups, counseling services, and even workshops on nutrition and stress management.
Wellness Allowances: Some companies give employees a fixed amount each month to spend on wellness-related things like gym memberships, fitness classes, or wellness retreats. This could be a perk offered at IOCL too.
Here's a breakdown of what a Finance Executive does:
Planning Finances: They set goals and make detailed plans to reach them, managing budgets along the way.
Keeping Track of Money: Finance Executives ensure all financial statements and reports are accurate and compliant with regulations.
Analyzing Data: They dig into financial info to spot trends, find areas for improvement, and help make smart decisions.
Setting Rules: They create and enforce policies to make sure money matters are handled properly and legally.
Managing Risks: They evaluate investment opportunities and develop strategies to handle financial risks.
Approving Transactions: They review and OK important financial moves like contracts and payments.
Negotiating Deals: Finance Executives work with lenders and investors to get the best terms for the organization.
Guiding Others: They offer advice and support to colleagues, helping them understand financial decisions.
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