A Finance Manager in Toronto, Ontario earns an average salary of C$85,132 per year. People in this job generally don't have more than 20 years' experience.

C$56,865 - C$106,694
C$57K
C$83K
C$110K
MEDIAN: C$83,456
10%
50%
90%
C$20.00 - C$58.96
C$42
MEDIAN: C$41.73
50%
C$0C$117K
Salary C$56,865 - C$106,694
Bonus C$3,107 - C$15,326
Profit Sharing C$0.00 - C$6,128
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$60,103 - C$117,710
  • Country: Canada
  • Currency: CAD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 305
Hourly Data C$0C$58
Hourly Rate C$41.73
Overtime C$57.39
Annual Data C$0C$117K
Bonus C$3,107 - C$15,326
Profit Sharing C$0.00 - C$6,128
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$60,103 - C$117,710
  • Country: United States
  • Currency: CAD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 7

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 must take ownership of various projects and delegate them to their staff. They follow up with their staff regarding project progress.

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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

Pay by Experience Level for Finance Manager

Pay by Experience for a Finance Manager has a positive trend. An entry-level Finance Manager with less than 5 years of experience can expect to earn an average total compensation of C$84,000 based on 47 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$92,000 based on 75 salaries. An experienced Finance Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$95,000 based on 51 salaries. A Finance Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$89,000 based on 12 salaries.

Key Stats for Finance Manager

Gender

Female
47 %
Male
53 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 46 votes.
Less than 1 year
1%
1-4 years
16%
5-9 years
39%
10-19 years
35%
20 years or more
9%

Experience Affects Finance Manager Salaries

▲7%

▲4%

▲1%

National Average
C$89,000

▼5%

Skills That Affect Finance Manager Salaries


▲3%


▼0%

National Average
C$89,000



Microsoft Word
▼5%

Payroll Administration
▼5%

Windows Operating System General Use
▼10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 46 votes.

Gender

Female
47 %
Male
53 %

Years of Experience

Less than 1 year
1%
1-4 years
16%
5-9 years
39%
10-19 years
35%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 86%
vision benefits
Vision: 73%
no benefits
None: 5%