The average salary for a Finance Manager in Canada is C$77,959.
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C$51k - C$106k
C$2k - C$17k
C$965 - C$12k
C$4k - C$118k
C$52k - C$113k
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Job Description for Finance Manager
Finance managers develop and monitor departmental budgets. They make relevant financial forecasts for their company. They work with other managers and their staff to establish their company’s future budgets. Their department keeps track of ongoing expenses to make sure that they are not over the budget. They ask relevant managers for clarification when their departmental expenses have surpassed the established budget. They are responsible for accurate and timely reporting of various. They m…Read more
Finance Manager Tasks
- Prepare informational analyses on current processes, actual performance versus budget and prior year data.
- Assist Operations team in Monthly Operations Review.
- Identify areas for cost reductions and operational improvements.
- Provide analyses to Operations team.
Job Satisfaction for Finance Manager
Popular Employer Salaries for Finance Manager
The top respondents for the job title Finance Manager are from the companies Bell Canada, Deloitte and Nestle Canada. Reported salaries are highest at Deloitte where the average pay is C$97,875. Other companies that offer high salaries for this role include Scotia Bank, earning around C$92,000. Bell Canada pays the lowest at around C$58,475. Nestle Canada also pays on the lower end of the scale, paying C$84,964.
Finance Manager Job Listings
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Popular Skills for Finance Manager
Skills in Financial Analysis and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Budgeting, Accounting and Financial Reporting.
Pay by Experience Level for Finance Manager
An entry-level Finance Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of C$57,330 based on 23 salaries. An early career Finance Manager with 1-4 years of experience earns an average total compensation of C$68,089 based on 243 salaries. A mid-career Finance Manager with 5-9 years of experience earns an average total compensation of C$81,532 based on 392 salaries. An experienced Finance Manager with 10-19 years of experience earns an average total compensation of C$82,902 based on 436 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$80,761.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Finance Manager in their job title in Mississauga, Ontario earn an average of 13.9% more than the national average. These job titles also find higher than average salaries in Toronto, Ontario (9.6% more) and Edmonton, Alberta (9.0% more). The lowest salaries can be found in Ottawa, Ontario (5.6% less).
Years of Experience
This data is based on 1,264 survey responses.