The average salary for a Finance Manager in Toronto, Ontario is C$85,611.
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C$60k - C$107k
C$3k - C$20k
C$511 - C$12k
C$63k - C$118k
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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.
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$75,000 based on 6 salaries. An early career Finance Manager with 1-4 years of experience earns an average total compensation of C$78,490 based on 68 salaries. A mid-career Finance Manager with 5-9 years of experience earns an average total compensation of C$88,476 based on 146 salaries. An experienced Finance Manager with 10-19 years of experience earns an average total compensation of C$89,343 based on 137 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$91,356.
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 4.6% more than the national average. The lowest salaries can be found in Halifax, Nova Scotia (25.2% less), Ottawa, Ontario (11.3% less) and Edmonton, Alberta (5.8% less).
Years of Experience
This data is based on 387 survey responses.
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