Accounts Officers are responsible for handling various financial and accounting tasks within an organisation. Bookkeeping, financial reporting, bank reconciliation, expense management and tax compliance are some of the major duties of an Accounts Officer. The average annual salary of an Accounts Officer in India is INR 3.6 LPA with the highest salary being INR 7.4 LPA.
To become an Accounts Officer, candidates have to pursue different courses in accounting or related fields after class 12. BCom and MCom in accounting, accounting and finance and BBA finance are some of the top courses taken up by candidates. Loyola College, St Xavier’s College, Woxsen University and MCC are some of the best colleges offering courses to become Accounts Officers.
Table of Contents
- Accounts Officer Salary in India
- Accounts Officer Salary: Experience Wise
- Accounts Officer Salary: Designation Wise
- Accounts Officer Salary: Skill Wise
- Accounts Officer Salary: Qualification Wise
- Accounts Officer Salary: Company Wise
- Accounts Officer Salary: City Wise
- Accounts Officer Salary: Country Wise
- Accounts Officer Salary: FAQs
Accounts Officer Salary in India
The average annual salary of an Accounts Officer after gaining substantial years of experience is INR 3.6 LPA. The starting salary for an Accounts Officer in India is INR 1.8 LPA while the highest salary is INR 7.4 LPA. The estimated monthly salary in India for Accounts Officers is between INR 26,318 to INR 27,712.
Accounts Officers with experience of about 5 years are earning up to INR 3.3 LPA in India. Financial managers and senior Accounts officers are top designations with average annual salaries of INR 12.5 LPA and INR 4.8 LPA respectively.
Accounts Officer Salary: Experience Wise
Experience is one of the determining factors for deciding an Accounts Officer’s salary. Experienced Accounts Officers are compensated more compared to new ones because of the knowledge they possess. The following table highlights the Accounts Officer salaries based on years of experience.
| Experience Years | Average Annual Salary (INR) |
|---|---|
| 2 - 3 years | 2.90 L |
| 3 - 4 years | 3.10 L |
| 4 - 5 years | 3.30 L |
| 5 - 6 years | 3.50 L |
Accounts Officer Salary: Designation Wise
There are many designations similar to Accounts Officer in the finance and accounts domain having overlapping responsibilities and duties. Accounts Officer salaries for some of the top designations are mentioned in the table below.
| Designations | Average Annual Salary (INR) |
|---|---|
| Accountant | 2.50 L |
| Account Assistant | 2.20 L |
| Senior Accounts Officer | 4.80 L |
| Senior Accounts Executive | 4.20 L |
| Cost Accountant | 4.80 L |
| Financial Analyst | 4 L |
| Financial Manager | 12.50 L |
Accounts Officer Salary: Skill Wise
Accounts Officer is a dynamic profession that requires a varied set of skills and expertise. The salaries according to different skills are mentioned in the following table.
| Skill Set | Average Annual Salary (INR) |
|---|---|
| Accounting | 2.50 L |
| Reconciliation | 3.50 L |
| Taxation | 4.60 L |
| Finance | 12.50 L |
| Tally | 1.80 L |
| Auditing | 2.70 L |
| Excel | 3.40 L |
Accounts Officer Salary: Qualification Wise
Being a challenging profession, most Accounts Officers possess a high level of education and training to excel in their roles. Candidates with full-time degrees earn more than those with short-term courses. The following table highlights the salaries of Accounts Officers at different qualification levels.
| Degree Pursued | Average Annual Salary (INR) |
|---|---|
| Diploma | 1.80 L - 4 L |
| Bachelors | 4 L - 5 L |
| Masters | 6 L - 8 L |
Accounts Officer Salary: Company Wise
Accounts Officers are hired by various companies and organisations for managing financial records. The table below highlights the salary of some of the top recruiters of Accounts Officers in India.
| Name of the Companies | Average Annual Salary (INR) |
|---|---|
| D Mart | 2.60 L |
| Wipro | 2.40 L |
| Aakash Educational Services | 3.60 L |
| Larsen & Toubro Ltd | 6.30 L |
| Nagarjuna Construction Company | 4.40 L |
| Riya Tavel | 2.90 L |
| QX Global Group | 4.30 L |
| Asian Paints | 6.60 L |
| UltraTech Cement | 7.10 L |
Accounts Officer Salary: City Wise
Accounts Officer is a highly competitive profession offering candidates to work in different cities.
The salaries from some of the top Indian cities are mentioned in the table below.
| Name of the Cities | Average Annual Salary (INR) |
|---|---|
| New Delhi | 4.70 L |
| Bangalore | 4.50 L |
| Hyderabad | 4.20 L |
| Mumbai | 4.10 L |
| Pune | 4 L |
Accounts Officer Salary: Country Wise
Accounts Officers are in demand across the world as companies are realising the need for efficient handling of their financial records and bookkeeping. Some of the top countries with good pay for Accounts Officers are mentioned in the table below.
| Name of the Countries | Average Annual Salary (INR) |
|---|---|
| USA | 32.45 L |
| UK | 24.70 L |
| Germany | 50.30 L |
| Australia | 53.33 L |
Accounts Officer Salary: FAQs
Ques. What is the average salary of an Accounts Officer in India?
Ans. The average annual salary of an Accounts Officer in India is INR 3.6 LPA with the highest salary being INR 7.4 LPA.
Ques. What factors influence the salary of an Accounts Officer?
Ans. Experience, location, industry type and company size are some of the top factors influencing the salary of Accounts Officers.
Ques. Are there any additional benefits for Accounts Officers in India?
Ans. Accounts Officers may receive benefits like health insurance, PF, paid leaves, performance bonuses and more from their employers in India.
Ques. Is there a difference in salary based on the industry in which an Accounts Officer works?
Ans. Yes, there is a difference in Accounts Officers salaries based on the industry. Accounts Officers working in finance or multinational corporations might earn more compared to those working in other industries.
Ques. What are the career growth prospects for Accounts Officers in India?
Ans. With relevant skills and experience, Accounts Officers can expect steady growth in India. With time, they can advance to higher positions like CFO and finance manager.
Ques. Are there opportunities for Accounts Officers to work abroad?
Ans. Experienced and qualified Accounts Officers can look for opportunities to work in international companies with a presence in India or explore jobs abroad.
Ques. Which city is paying the most to Accounts Officers in India?
Ans. With an average salary of INR 4.7 LPA, New Delhi is the best city for Accounts Officers in India.
Ques. Which industries are paying the most to Accounts Officers in India?
Ans. Building materials, engineering and construction, industrial machinery, auto components and retail are the top-paying industries for Accounts Officers in India.
Ques. How much an Accounts Officer is earning at D Mart?
Ans. Accounts Officers at D Mart are earning up to INR 2.6 LPA in India.
Ques. What is the salary of a cost accountant in India?
Ans. Cost accountants are earning up to INR 4.8 LPA in India.



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