The average salary for a Senior Financial Analyst in Canada is C$76,635.
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What Do Senior Financial Analysts Do?
The position of senior financial analyst requires high degrees of proficiency in analyzing accounting data, determining economic, statistical, and financial risks, and organizing real-world solutions that will lead to the successful completion of their projects. Senior financial analysts may be required to manage teams of analysts, which includes assigning tasks, reviewing reports, determining risks and rewards, compiling data, and organizing presentations for upper management. Senior financial …Read more
Senior Financial Analyst Tasks
- Provide financial analysis support to various areas of the company.
- Prepare detailed annual financial budget and monthly financial forecasts.
- Assist with preparation of weekly, monthly and quarterly financial analysis schedules of actual vs. budget variances.
Job Satisfaction for Senior Financial Analyst
Popular Employer Salaries for Senior Financial Analyst
The top respondents for the job title Senior Financial Analyst are from the companies Thomson Reuters, Manulife and Taymor. Reported salaries are highest at Bombardier where the average pay is C$97,000. Other companies that offer high salaries for this role include Thomson Reuters and Rogers Group, Inc., earning around C$80,000 and C$78,987, respectively. Taymor pays the lowest at around C$60,836. Rogers Communications Inc. and BMO Financial Group also pay on the lower end of the scale, paying C$71,500 and C$72,414, respectively.
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Somewhat common (8 - 20%)
Senior Financial Analyst Job Listings
What Are Popular Skills for Senior Financial Analysts?
Skills in Forecasting and Financial Modeling are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel, Financial Reporting and Financial Analysis.
What is the Pay by Experience Level for Senior Financial Analysts?
An entry-level Senior Financial Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of C$67,234 based on 6 salaries. An early career Senior Financial Analyst with 1-4 years of experience earns an average total compensation of C$71,996 based on 325 salaries. A mid-career Senior Financial Analyst with 5-9 years of experience earns an average total compensation of C$77,930 based on 444 salaries. An experienced Senior Financial Analyst with 10-19 years of experience earns an average total compensation of C$82,495 based on 240 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$81,332.
Pay Difference by Location
Employees with Senior Financial Analyst in their job title in Calgary, Alberta earn an average of 18.6% more than the national average. These job titles also find higher than average salaries in Vancouver, British Columbia (5.7% more) and Ottawa, Ontario (2.6% more). The lowest salaries can be found in Winnipeg, Manitoba (21.8% less) and Montréal, Québec (2.6% less).
Years of Experience
This data is based on 1,077 survey responses.