Assistant Controller Salary in India
₹472K
20% Low Band Avg
INR ₹792K
Average
₹993K
80% High Band Avg
- Bonus: 54K
- Commission: 172K
Salaries based on experience level
The Average Entry Level salary of Assistant Controller in India is INR ₹699K/yr, this salary increases 9% to ₹767K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 30% from ₹767K/yr to ₹997K/yr.
Salary Compared to India National Average Salary
- Assistant Controller in India Salary
- vs
- India National Average Salary
The Average Salary of Assistant Controller in India is ₹792K/yr. This is +518% higher (₹664,004) compared to India national average salary of ₹128K/yr.
Assistant Controller job description
Job Title: Assistant Controller
Overview/Summary of the Role: The Assistant Controller is responsible for supporting the Controller in managing financial reporting and accounting processes. The Assistant Controller will assist in ensuring all financial transactions are properly recorded, accurate financial statements are produced and compliance requirements are met.
Responsibilities and Duties:
- Assist in the preparation and review of financial statements and reports as well as participate in the month-end and year-end closing processes
- Oversee and manage the general ledger including account reconciliations and journal entries
- Assist with tax filings and compliance requirements
- Collaborate with the Controller in developing and implementing financial policies and procedures
- Assist in budgeting and forecasting processes
Assistant Controller interview questions
Interviewer: Good afternoon, thank you for coming in today. Could you start by telling me about your experience in accounting and finance?
Candidate: Certainly. I have a Bachelor's degree in Accounting and have been working in the industry for about eight years. My most recent position was as a Senior Accountant for a manufacturing company.
Interviewer: What accounting software are you familiar with?
Candidate: I am proficient in QuickBooks, Xero, and NetSuite. I have also used SAP and Oracle in previous positions.
Interviewer: Can you explain your experience with financial reporting and analysis?
Candidate: In my previous positions, I have been responsible for preparing monthly financial statements, analyzing variances, and preparing annual budgets. I have also assisted with SEC filings in my last company.
Assistant Controller Salaries by cities in India
The highest salary for Assistant Controller in India can be found in Chennai, followed by Bangalore 2nd, and Mumbai 3rd.