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What is the salary of a Finance Manager at Hindustan Zinc?

Hindustan Zinc, Finance Managers make around ₹18.2 lakhs per year on average. 

PositionExperienceAverage Annual Salary (in lakhs)Salary Range (in lakhs)
Finance Manager-₹18.2₹14.0 - ₹45.0
Deputy Manager7 to 14 years₹22₹10.7 - ₹30
Mining Engineer1 to 6 years₹8₹3 - ₹13
Process Engineer0 to 4 years₹8.6₹3.6 - ₹10.5
Graduate Engineer TraineeFreshers₹7.5₹5.5 - ₹10

Some general ideas based on what's common in the industry and what other employees have said.

  1. Compensation and Benefits:
    • Salary: Finance Managers at Hindustan Zinc typically earn around ₹18.2 lakhs per year on average, with salaries ranging from ₹14.0 lakhs to ₹45.0 lakhs annually¹³.
    • Health Insurance: Many companies offer health insurance covering medical, dental, and vision care for employees and their families.
    • Retirement Plans: Employees often get benefits like the Employee Provident Fund (EPF) or other retirement schemes.
    • Performance Bonuses: Sometimes, employees receive extra bonuses based on how well they perform at their job.
    • Stock Options: In some cases, employees may get the chance to buy company stocks at a special price.
  2. Work-Life Balance and Other Considerations:
    • Work-Life Balance: Reviews suggest that balancing work and personal life can be tough at Hindustan Zinc, especially for those in roles related to mining operations¹.
    • Job Rotation: Some employees have mentioned they don't get many chances to try different jobs within the company¹.
  3. Other Benefits:
    • Transportation: Companies might help with commuting costs or even provide transport to and from work.
    • Education Assistance: Some companies support further education by helping with tuition fees or offering study leave.
    • Wellness Programs: Wellness initiatives like gym memberships, health check-ups, or stress management might be available.

The important tasks of a Finance Manager:

  1. Financial Reporting:
    • Creating Reports: They make financial reports that show how the company is doing financially. These reports help bosses make smart decisions.
    • Activity Reports: They also make reports that focus on key numbers like sales, costs, and profits.
  2. Budget Management:
    • Handling Budget: They manage the company's money plan. They decide where to spend money to make the most profit and find ways to save money.
    • Improving Processes: They find ways to make things work better within the budget.
  3. Cash Flow Management:
    • Keeping Track of Money: They watch the company's money flow by checking bank activities and making sure the numbers add up.
    • Predicting Cash Flow: They guess how much money the company will need to keep things going smoothly.
  4. Investment Strategies:
    • Deciding Investments: They help decide where the company should invest its money. They look at risks and chances to make money in the long term.
  5. Advising:
    • Boosting Profits: They give advice to top bosses on how to make more money.
    • Avoiding Risks: They look at financial info to find risks and suggest ways to stay safe.
  6. Qualifications:
    • Education: Most companies want a Finance Manager to have at least a bachelor's degree in finance or accounting. It's good to have studied subjects like accounting, finance, and economics.
    • Certifications: Some companies like it if you have extra certifications like Chartered Accountancy (CA) or Chartered Financial Analyst (CFA). Having a CFA can help you get jobs in big companies.

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