Assistant Finance Managers support Finance Managers with various administrative and financial responsibilities. These can include helping to create budgets, manage financial flow, help with invoice billing, and ask coworkers for input on purchase order details.An Assistant Finance Manager's typical roles are listed below:<ul><li>Account Payable Manager: They manage and direct employees in an organization's accounts payable department. These experts frequently hire and train departmental workers and keep correct financial, client, and employee records.</li><li>Financial Analysts: Financial Analysts are in charge of forecasting the company's future performance and assessing financial information. This may involve making future income and expense projections, budgeting, and modelling the capital structure.</li></ul>

Assistant Manager Finance & Accounts salary in India ranges between ₹ 3.6 Lakhs to ₹ 13.0 Lakhs with an average annual salary of ₹ 6.6 Lakhs. According to the Bureau of Labour Statistics, this industry will expand by 19% through 2026. Services provided by Assistant Finance Managers, such as planning, directing, and coordinating investments, are likely to stay in demand as the economy grows. Additionally, during the next ten years (till 2030), there will likely be a significant need for many Financial Management Specialties, including Cash Management and Risk Management.

How to Learn

An Assistant Finance Manager's role and responsibilities include the following:<ul><li>Overseeing and mentoring AP Team Leaders and Analysts, leading the creation and upkeep of suitable supporting documentation and instructing and assisting the team in effective bookkeeping and correct accounting in compliance with business rules.</li><li>Promoting better management responsibility, questioning the sources of growth, creating contingency plans, strengthening the financial forecast process, increasing management performance metrics, enhancing execution discipline, understanding, communicating, and explaining company-specific variation drivers.</li><li>Combining actual operational performance and reporting outcomes, and working with commercial teams and operations leaders to promote the potential for pricing, variable cost, base cost, and material variation.</li></ul>

Roles & Responsibilities

Average take home Salary for a Assistant Finance Manager in India is around ₹848893 per year

Salary Breakup

The main focus of an assistant finance manager is to help maintain the financial stability of a business. They usually work directly under a company's financial manager, helping the manager analyze and improve their company's financial standing. Assistant finance managers are found in a number of industries.

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Assistant Finance Manager

Salary Breakup

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