The average salary for a Vice President (VP), Finance is C$133,181 per year. Skills that are associated with high pay for this job are Project Management, People Management, Financial Modeling, and Operations Management. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least. Most people in this job have more than five years' experience in related jobs.

C$90,572 - C$175,787
C$91K
C$130K
C$180K
MEDIAN: C$130,183
10%
50%
90%
C$0C$196K
Salary C$90,572 - C$175,787
Bonus C$5,079 - C$41,022
Profit Sharing C$0.00 - C$48,177
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$95,382 - C$196,384
  • Country: Canada
  • Currency: CAD
  • Updated: 17 Jan 2018
  • Individuals Reporting: 405

Job Description for Vice President (VP), Finance

Vice presidents of finance typically are near the top of a business' hierarchical structure. They keep their business profitable, ensure spending is low, and stay in line with government regulations. Primary responsibilities for this job are to direct finances and coordinate the budget. While planning budgets, they also set goals for certain milestones and goals the company needs to meet. Vice presidents of finance also oversee the duties carried out by the lower-level employees in the finance department. They manage financial reporting, accounting, daily operations, and monthly operations results. They also handle the company's taxes and its interactions with regulatory agencies.

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Vice President (VP), Finance Tasks

  • Oversee all financial related matters where depth and scope is relative to the size of the company.
  • Working under the Chief Financial Officer, ensure company financial plans are carried out.
  • Coordinate, prepare and review all annual financial reports.
  • Direct all aspects of accounting operations such as receivables, payables, payroll and financial reporting.

Common Career Paths for Vice President (VP), Finance


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Vice President (VP), Finance Job Listings

Pay by Experience Level for Vice President (VP), Finance

Pay by Experience for a Vice President (VP), Finance has a positive trend. An entry-level Vice President (VP), Finance with less than 5 years of experience can expect to earn an average total compensation of C$135,000 based on 24 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vice President (VP), Finance with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$145,000 based on 46 salaries. An experienced Vice President (VP), Finance which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$147,000 based on 120 salaries. A Vice President (VP), Finance with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$154,000 based on 77 salaries.

Pay Difference by Location

National Average: C$144,353

Larger city markers indicate a job is popular in that location.

Vice President (VP), Finance Advice

Q: What is it like working as a Vice President (VP), Finance?

Vice President (VP), Finance in Mississauga:
"Document."
Document all Cost sales, and ideas that contribute to profitablity of organization.

Vice President (VP), Finance in West Vancouver:
"Challenging, interesting, stressful"
Pros: Constantly changing
Cons: Little work life balance, inequalities

Related Job Salaries

Key Stats for Vice President (VP), Finance

Gender

Female
34 %
Male
66 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 53 votes.
Less than 1 year
0%
1-4 years
5%
5-9 years
13%
10-19 years
40%
20 years or more
41%

Experience Affects Vice President (VP), Finance Salaries

▲7%

▲2%

▲1%

National Average
C$144,000

Entry-Level
▼7%

Skills That Affect Vice President (VP), Finance Salaries

Project Management
▲25%

People Management
▲24%

Financial Modeling
▲20%

Operations Management
▲19%

Cash Flow Management
▲9%

Leadership
▲8%


▲5%

Human Resources
▲3%

Financial Reporting
▲1%

National Average
C$144,000

Forecasting
▼1%

Strategic Planning
▼3%

Budget Management
▼6%


Budgeting
▼21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 53 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
0%
1-4 years
5%
5-9 years
13%
10-19 years
40%
20 years or more
41%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 90%
vision benefits
Vision: 73%
no benefits
None: 5%