A Finance Director in Toronto, Ontario earns an average salary of C$118,005 per year. Most people in this job have more than five years' experience in related jobs. A skill in Financial Modeling is associated with high pay for this job. For the first five to ten years in this position, pay increases steeply, but any additional experience does not have a big effect on pay.

C$89,441 - C$150,934
C$89K
C$120K
C$150K
MEDIAN: C$121,434
10%
50%
90%
C$0C$174K
Salary C$89,441 - C$150,934
Bonus C$7,000 - C$34,392
Profit Sharing C$1,939 - C$25,856
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$92,071 - C$174,747
  • Country: Canada
  • Currency: CAD
  • Updated: 19 Jan 2018
  • Individuals Reporting: 146

Job Description for Finance Director

Finance directors hold a leadership position, so general management duties such as scheduling, hiring, and carrying out performance evaluations may be necessary. These directors generally lead a finance team in creating strategic plans regarding the company's finances; this includes both accounting duties and financial analyses and projections. The team which the finance director leads should identify risks and areas in need of improvement so the company can identify mistakes before they come to realization and further increase profits.

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Finance Director Tasks

  • Manages the preparation of budgets, forecasts and accounting activities.
  • Directs the staff operations, business planning and budget development and compliance for the department.
  • Oversees the preparation of regulatory and financial reporting as required, and ensures compliance.
  • Develops policies and procedures to control and report financials.

Finance Director Job Listings

Pay by Experience Level for Finance Director

Pay by Experience for a Finance Director has a positive trend. An entry-level Finance Director with less than 5 years of experience can expect to earn an average total compensation of C$105,000 based on 9 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Director with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$130,000 based on 30 salaries. An experienced Finance Director which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$135,000 based on 51 salaries. A Finance Director with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$135,000 based on 15 salaries.

Key Stats for Finance Director

Gender

Female
24 %
Male
76 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.
1-4 years
8%
5-9 years
18%
10-19 years
57%
20 years or more
17%

Experience Affects Finance Director Salaries

▼0%

Late-Career
▼0%

National Average
C$135,000

Mid-Career
▼4%

Entry-Level
▼23%

Skills That Affect Finance Director Salaries

Financial Modeling
▲8%

Financial Analysis
▲3%

National Average
C$135,000

Accounting
▼12%

Financial Reporting
▼19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.

Gender

Female
24 %
Male
76 %

Years of Experience

1-4 years
8%
5-9 years
18%
10-19 years
57%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 87%
vision benefits
Vision: 75%
no benefits
None: 7%