Finance Manager Salaries in Canada

The average salary for a Finance Manager is $108,806 per year in Canada. Salaries estimates are based on 1670 salaries submitted anonymously to Glassdoor by a Finance Manager employees in Canada.

The highest salary for a Finance Manager in Canada is $140,926 per year.

The lowest salary for a Finance Manager in Canada is $85,631 per year.

Financial managers are able to provide their family with a very steady income. Salaries for financial managers are very good with their starting salary being higher than average. Financial managers make the most amount of money in Alberta, Nunavut, and Northwest Territories. Urban areas and cities are where salaries are the highest for financial manager. If you are looking to make more money as a financial manager, you can work within a large consultation firm.

To boost your earnings throughout your finance manager career, you should pursue advanced education. While you likely already have a bachelor’s degree in economics, business administration, commerce, or a related field, a master’s degree (with a focus on finance) in business administration can help you stand out from other candidates. Higher education also gives you the knowledge and related skills you need to take on more responsibilities and score higher pay. Several years of accounting, auditing financial planning, analytics, and auditing experience are assets for increasing your earnings and opportunities for career advancement. If time permits, you could also seek specialty certifications, like Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), Registered Financial Planner (RFP), and Chartered Investment Manager (CIM).

Are you able to synthesize large amounts of complex information into actionable data? Do you effectively communicate and work alongside senior-level business partners? Do you have unmatched business judgment and sound decision-making and analytical skills? If you can prove these facts, you should have no problem negotiating a higher salary at your current or potential future finance manager job. Detail how your credentials and experience benefit the company and use solid examples of how your contributions have made a difference. You can even mention how you consistently meet departmental goals, take on additional responsibilities, have superior knowledge of financial reporting and data mining tools like Access and SQL, and continuously strive to provide innovative solutions to economic challenges. It’s safe to aim for a 15% to 20% increase during your salary negotiation.

About 72.53% of Finance Manager professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional $13,498 in potential pay per year, among other factors, can qualify the annual pay of a Finance Manager in Canada as a good salary.

Finance Manager professionals in Canada have a wide total pay range, between $69,865 and $181,730 depending on experience, with an estimated total pay of $108,806 following the average career path of a Finance Manager.