We are delighted to present our 2023 compensation report for tax and finance professionals in India. Our aim with this report is to provide valuable insights and data on compensation trends and expectations in the industry. This report also offers a tracker that highlights significant movements of CFOs and tax heads in the industry throughout the year 2022.
Finance and tax are core to the Indian economy, and we recognize the importance of attracting and retaining top talent in these fields. Our report offers comprehensive information on salary benchmarks and other crucial factors that influence compensation packages. We hope this report will serve as a useful tool for both employers and professionals in making informed decisions regarding compensation.
In the midst of economic uncertainty, offering competitive compensation remains crucial to retaining employees. Without doing so, businesses risk losing key team members to other opportunities in the market. To address this challenge, it's important to provide compensation that is in line with or exceeds market rates. This is the main motivation behind our data-driven Tax and Finance compensation report. While this may be the first edition of our Tax and Finance compensation report, our team has years of experience and expertise in the tax and finance talent market.
Our team has invested significant time and effort in compiling this report, and we are confident it will provide you with valuable insights. To ensure accuracy, relevance, and currency of the compensation ranges provided in this report, we have gathered data points from multiple sources at leading and well established organisations in the country.
The data is not representative of any one sector or company, but provides the range for tax and finance professionals across reputable companies, accounting firms and law firms in India.
Initially, we analysed the salary data of tax and finance professionals with whom we engage regularly. Next, we examined our placements from the preceding year to obtain the most precise market representation. Additionally, we conducted an online survey distributed to tax and finance professionals throughout our network. We extend our gratitude to those who dedicated their time to respond to our questionnaire, enabling us to produce comprehensive and dependable market reports.
We trust that this report will be beneficial to you. If you have any inquiries about the tax and finance talent ecosystem and searches, or require guidance regarding talent advisory and salary benchmarking, please feel free to contact us. Our team is always available to assist you.
If you are unable to download the report, please reach out to us at [email protected]
Rishabh is a lawyer and MBA who is passionate about the business side of professional services. Having led and built teams across the legal search spectrum, Rishabh is scaling Vahura’s offerings to the CFO community, with a special focus on tax and finance recruitment. Rishabh is also playing a lead role in developing the next set of offerings from Counselect.
Namita is a CA, CS and a Lawyer heading the BFSI Growth vertical at Vahura where she is responsible for business development in the BFSI sector and recruitment of mid to senior level tax and finance professionals across sectors.
Ankita is a Consultant in the tax and finance recruitment practice at Vahura where she focuses on recruiting junior and mid-level tax and finance professionals for various corporate houses, family offices, funds, accounting firms and law firms across cities in India.
As a Consultant in the tax and finance Recruitment practice, Janki focuses on recruiting tax and finance professionals across junior and mid-levels with corporate houses, family offices, funds, accounting firms and law firms in India.
