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Finance Officer salary in Canada

Average Yearly Salary of Finance Officer in Canada is approximately 64,566 CAD (64,362 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Finance Officer do?

occupation personasA finance officer is responsible for managing the financial operations of an organization. They handle various tasks related to budgeting, financial planning, monitoring cash flow, preparing financial reports, and ensuring compliance with financial regulations. Finance officers analyze financial data, identify trends and patterns, and provide recommendations to improve the financial performance of the organization. They work closely with other departments to develop budgets, track expenses, and make strategic financial decisions. Attention to detail, strong analytical skills, and a good understanding of financial principles are essential in this role. Additionally, finance officers must have excellent communication and interpersonal skills to effectively collaborate with colleagues and stakeholders.

Skills: finance officer, financial management, budgeting, financial reporting, cash flow management, financial analysis
Job industry: Finance


How much does Finance Officer make?

Salary details
How much does Finance Officer make?
Estimated Yearly Salary: 64,566 CAD
Estimated Monthly Salary: 5,381 CAD
Estimated Weekly Salary: 1,242 CAD per week
Estimated Hourly Salary: 31 CAD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 62,345 CAD
Estimated Monthly Salary: 5,195 CAD
Estimated Weekly Salary: 1,199 CAD per week
Estimated Hourly Salary: 30 CAD per hour
Last revision of data: 2024-01-03



Finance Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 64,362 USD
Estimated Monthly Salary: 5,364 USD
Estimated Weekly Salary: 1,238 USD per week
Estimated Hourly Salary: 31 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Canada is a vast country located in North America. It has a population of approximately 38 million people, making it the second-largest country by land area and the tenth-largest by population. With a total area of about 9.98 million square kilometers, Canada is known for its breathtaking landscapes, including mountains, forests, lakes, and coastlines.

Estimated national average yearly salary is 70,966 CAD (52,960 USD). Value indicated is pre-tax. Below graph shows estimated Finance Officer job salary compared to average salary in Canada.
Comparison shows that a person working as Finance Officer in Canada earns on average:
0.91 times the average salary (or 91% of average salary).

Is Finance Officer a well paid job?

Yes, our data show that Finance Officer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Finance Officer?

High salary for Finance Officer would be somewhere between 71,023 CAD and 93,621 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Finance Officer in Canada?

Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 64,566 CAD
Estimated Monthly Salary: 5,381 CAD
Estimated Weekly Salary: 1,242 CAD per week
Estimated Hourly Salary: 31 CAD per hour
By working as Finance Officer a person can save up to 3,245 USD per month or 38,941 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Finance Officer

United States Of America is 69,313 USDup arrow 8%
Details on Finance Officer salary in United States Of America
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Canada

(552,602 CAD per year, pre-tax.)
(460,219 CAD per year, pre-tax.)
(446,188 CAD per year, pre-tax.)
(430,825 CAD per year, pre-tax.)
(430,370 CAD per year, pre-tax.)
(421,037 CAD per year, pre-tax.)
(420,203 CAD per year, pre-tax.)
(419,967 CAD per year, pre-tax.)
(419,948 CAD per year, pre-tax.)
(419,552 CAD per year, pre-tax.)

Data as of 2025

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