C$132,319
Avg. Salary
C$55.50
Avg. Hourly Rate

Average additional compensation:

C$23,729

Bonus

C$19,554

Profit Sharing

C$2,250

Commission

What am I worth?
How should I pay?

The average pay for a Chief Financial Officer (CFO) is C$55.50 per hour.

The average pay for a Chief Financial Officer (CFO) is C$132,319 per year.

10%
C$24.16
10%
C$55.50
50%
C$109.40
90%
90%
MEDIAN C$55.50
10%
C$84k
10%
C$132k
50%
C$201k
90%
90%
MEDIAN C$132,319
C$83,970 - C$200,545
C$84K
C$130K
C$200K
MEDIAN: C$132,319
10%
50%
90%
C$24.16 - C$109
C$24
C$55
C$110
MEDIAN: C$55.50
10%
50%
90%
C$0C$242K
Salary C$83,970 - C$200,545
Bonus C$5,016 - C$66,287
Profit Sharing C$4,872 - C$61,042
Commission C$2,250
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$85,622 - C$242,332
  • Country: Canada
  • Currency: CAD
  • Updated: 14 May 2019
  • Individuals Reporting: 984
Hourly Data C$0C$109
Hourly Rate C$24.16 - C$109
Overtime C$54.50
Annual Data C$0C$242K
Bonus C$5,016 - C$66,287
Commission C$2,250
Profit Sharing C$4,872 - C$61,042
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$85,622 - C$242,332
  • Country: United States
  • Currency: CAD
  • Updated: 14 May 2019
  • Individuals Reporting: 30

Job Description for Chief Financial Officer (CFO)

Chief financial officers (CFOs) oversee the financial operations of their companies and provide leadership and focus to accounting and finance departments to ensure that they operate efficiently and comply with applicable laws and company policies. Their work is essential to project a favorable company image while saving money in every way possible.

Read More...
Chief Financial Officer (CFO) Tasks
  • Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
  • Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by regulatory agencies.
  • Provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.

Common Career Paths for Chief Financial Officer (CFO)


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Chief Financial Officer (CFO) Job Listings

Popular Skills for Chief Financial Officer (CFO)

Pay by Experience Level for Chief Financial Officer (CFO)

Pay by Experience for a Chief Financial Officer (CFO) has a positive trend. An entry-level Chief Financial Officer (CFO) with less than 5 years of experience can expect to earn an average total compensation of C$100,000 based on 74 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Chief Financial Officer (CFO) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$123,000 based on 110 salaries. An experienced Chief Financial Officer (CFO) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$142,000 based on 284 salaries. A Chief Financial Officer (CFO) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$169,000 based on 215 salaries.

Pay Difference by Location

National Average: C$144,096

Larger city markers indicate a job is popular in that location.

Chief Financial Officer (CFO) Reviews

Q: What is it like working as a Chief Financial Officer (CFO)?

Chief Financial Officer (CFO) in Vancouver:
"Good."
Pros: Challenge and variety
Cons: Nothing

Chief Financial Officer (CFO) in Guelph:
"Small town atmosphere."
Pros: Pace is different than in big centres
Cons: Very bourgeois

Chief Financial Officer (CFO) in Dartmouth:
"Great."
Pros: Close to home.
Cons: Traffic.

Chief Financial Officer (CFO) in Calgary:
"The Land of Opportunity."
Pros: I like that there is so much opportunity in Calgary no matter what business you work in. The commute to any part in the city is decent and only getting better with the addition of new roadways.
Cons: When the economy is good it is great but when it goes bad, it hits harder than any other city I have lived in. You really feel an economic downturn.

Chief Financial Officer (CFO) in Vancouver:
"Casual and Lifestyle-Oriented."
Pros: Natural Environment, Casual Atmosphere, Emphasis on Family and Lifestyle, Work Connections, Bike to Work.
Cons: High cost of living, currently working in Burnaby, so commute is longer than if downtown.

Chief Financial Officer (CFO) in Winnipeg:
"The financial reality of the company."
Know the owner/ceo spending style or habits. You have to manage their practices.

Chief Financial Officer (CFO) in Collingwood:
"Great Interesting Job."
Pros: Autonomous, very flexible time requirements, close to home, good staff benefits, great work environment, free skiing and golf, no major job impediments.
Cons: Manager is very difficult to work with, doesn't empower his staff and always takes the credit, never does annual reviews in a timely fashion.

Related Job Salaries

Key Stats for Chief Financial Officer (CFO)

Gender

Female
38 %
Male
62 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 134 votes.
Less than 1 year
1%
1-4 years
9%
5-9 years
11%
10-19 years
36%
20 years or more
43%

Experience Affects Chief Financial Officer (CFO) Salaries

▲18%

National Average
C$144,000

▼1%

▼15%

▼31%

Skills That Affect Chief Financial Officer (CFO) Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 134 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
1%
1-4 years
9%
5-9 years
11%
10-19 years
36%
20 years or more
43%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 84%
vision benefits
Vision: 66%
no benefits
None: 10%