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Financial Systems Analyst salary in Canada

Average Yearly Salary of Financial Systems Analyst in Canada is approximately 75,187 CAD (75,186 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 Financial Systems Analyst do?

occupation personasA financial systems analyst is a professional who specializes in analyzing and improving financial systems within an organization. They are responsible for evaluating the efficiency and effectiveness of financial processes, identifying areas for improvement, and implementing solutions to enhance overall performance. This occupation requires a strong understanding of financial principles, as well as expertise in data analysis, software applications, and business intelligence tools. Financial systems analysts work closely with various stakeholders, including finance managers, IT teams, and end users, to gather requirements, design system enhancements, and ensure seamless integration of financial systems. They also play a crucial role in testing and troubleshooting system issues, providing training and support to users, and ensuring compliance with regulatory standards. Attention to detail, problem-solving skills, and the ability to communicate complex financial concepts to non-financial stakeholders are essential for success in this role.

Skills: Financial analysis, Systems analysis, Data analysis, Financial processes, Business intelligence, Compliance.
Job industry: Finance


How much does Financial Systems Analyst make?

Salary details
How much does Financial Systems Analyst make?
Estimated Yearly Salary: 75,187 CAD
Estimated Monthly Salary: 6,266 CAD
Estimated Weekly Salary: 1,446 CAD per week
Estimated Hourly Salary: 36 CAD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 72,735 CAD
Estimated Monthly Salary: 6,061 CAD
Estimated Weekly Salary: 1,399 CAD per week
Estimated Hourly Salary: 35 CAD per hour
Last revision of data: 2024-01-02



Financial Systems Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 75,186 USD
Estimated Monthly Salary: 6,266 USD
Estimated Weekly Salary: 1,446 USD per week
Estimated Hourly Salary: 36 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

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 Financial Systems Analyst job salary compared to average salary in Canada.
Comparison shows that a person working as Financial Systems Analyst in Canada earns on average:
1.06 times the average salary (or 106% of average salary).

Is Financial Systems Analyst a well paid job?

Yes, our data show that Financial Systems Analyst 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 Financial Systems Analyst?

High salary for Financial Systems Analyst would be somewhere between 82,706 CAD and 109,021 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Systems Analyst 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: 75,187 CAD
Estimated Monthly Salary: 6,266 CAD
Estimated Weekly Salary: 1,446 CAD per week
Estimated Hourly Salary: 36 CAD per hour
By working as Financial Systems Analyst a person can save up to 4,147 USD per month or 49,765 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 Financial Systems Analyst

United States Of America is 80,776 USDup arrow 7%
Details on Financial Systems Analyst 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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