A Financial Officer earns an average salary of C$52,686 per year. A skill in Financial Reporting is associated with high pay for this job.

C$38,089 - C$76,549
C$38K
C$54K
C$77K
MEDIAN: C$54,151
10%
50%
90%
C$19.06 - C$23.25
C$20
MEDIAN: C$20.41
50%
C$0C$77K
Salary C$38,089 - C$76,549
Bonus C$145 - C$10,213
Profit Sharing C$3,850
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$37,992 - C$77,424
  • Country: Canada
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 63
Hourly Data C$0C$40
Hourly Rate C$20.41
Overtime C$40.12
Annual Data C$0C$77K
Bonus C$145 - C$10,213
Profit Sharing C$3,850
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$37,992 - C$77,424
  • Country: United States
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 9

Job Description for Financial Officer

A financial officer is a crucial position when it comes to finances and proper investing. Depending on the setting, you will be responsible for advising an individual or company on how to allocate their resources in investments, expenditures, and other details involved in financials decisions. You will also be responsible for the creation of budgets and the accounting of a company. With those financial decisions, you will be required to create reports, charts, and other documents to display how your financial planning is being instituted and executed.

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Financial Officer Tasks

  • Coordinate financial record-keeping and oversee the development of yearly budgets.
  • Provide financial guidance and management expertise related to company operations and financial strategy.
  • Supervise investment strategies, direct financial resources, and manage company assets.
  • Ensure that accounting, budget and audit controls and systems are in compliance with State, Federal and local rules and regulations.

Financial Officer Job Listings

Pay by Experience Level for Financial Officer

Pay by Experience for a Financial Officer has a negative trend. An entry-level Financial Officer with less than 5 years of experience can expect to earn an average total compensation of C$54,000 based on 12 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$46,000 based on 10 salaries. An experienced Financial Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$48,000 based on 19 salaries. A Financial Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$50,000 based on 8 salaries.

Financial Officer Advice

Q: What is it like working as a Financial Officer?

Financial Officer in Ottawa:
"You Don't Live To Work But Have A Job So You Can Live."
The information you have in your head does NOT make you indispensable to your company. But being a team player and a supporter and following the guidelines below usually ensures that management WANTS to have you on the Team. - Ask lots of questions. - Make and take notes. - Don't assume you know everything about what you do. Even if you have been doing it a long time. - When being asked about work you have done, don't rely on your memory. Always take time to validate your response before giving your answer. - Don't be afraid to speak up. - Share ideas. Never assume that your idea(s) won't work or that someone else has a better idea. - Change is good even if it is only change for the sake of change sometimes. It will at the very least keep you awake. - You don't have to be the Captain but BE a team player on your team. - Use at least some of vacation time FOR vacation. - Be willing to stretch or bend because the alternative is not pleasant. - Choose your battles.

Financial Officer in Regina:
"Management."
Pros: Work on own.
Cons: Too much pressure, to many jobs.

Related Job Salaries

Key Stats for Financial Officer

Gender

Female
73 %
Male
28 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.
1-4 years
35%
5-9 years
19%
10-19 years
31%
20 years or more
15%

Experience Affects Financial Officer Salaries

Entry-Level
▲2%

National Average
C$53,000

Late-Career
▼5%

Experienced
▼8%

Mid-Career
▼13%

Skills That Affect Financial Officer Salaries

Financial Reporting
▲9%

Accounting
▲4%

National Average
C$53,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.

Gender

Female
73 %
Male
28 %

Years of Experience

1-4 years
35%
5-9 years
19%
10-19 years
31%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 91%
vision benefits
Vision: 69%
no benefits
None: 4%