Chief Financial Officer (CFO) in Toronto, Ontario Salary (Canada)

The average pay for a Chief Financial Officer (CFO) in Toronto, Ontario is C$157,510 per year. The skills that increase pay for this job the most are Business Strategy and Senior Financial Management.

C$85,323 - C$226,148
C$85K
C$150K
C$230K
MEDIAN: C$150,878
10%
50%
90%
C$0C$269K
Salary C$85,323 - C$226,148
Bonus C$5,106 - C$77,281
Profit Sharing C$0.00 - C$98,633
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$91,013 - C$269,373
  • Country: Canada
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 166

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.

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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.

Chief Financial Officer (CFO) Job Listings

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$114,000 based on 14 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$173,000 based on 13 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$181,000 based on 37 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$229,000 based on 28 salaries.

Key Stats for Chief Financial Officer (CFO)

Gender

Female
26 %
Male
74 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.
1-4 years
8%
5-9 years
14%
10-19 years
31%
20 years or more
47%

Experience Affects Chief Financial Officer (CFO) Salaries

▲40%

▲11%

▲6%

National Average
C$163,000

▼30%

Skills That Affect Chief Financial Officer (CFO) Salaries




National Average
C$163,000


▼31%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

1-4 years
8%
5-9 years
14%
10-19 years
31%
20 years or more
47%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 89%
vision benefits
Vision: 79%
no benefits
None: 4%