Average Vice President VP Finance & Chief Financial Officer CFO Salary in Canada

Annual Base Salary - $161,594.00/year

The average annual salary of Vice President (VP) Finance & Chief Financial Officer (CFO) is $161,594.00

$122,040.00
Low
$161,594.00
Average
$242,740.00
High

The starting salary of Vice President (VP) Finance & Chief Financial Officer (CFO) is between $103,734.00 and $122,040.00 whereas the maximum salary range is between $242,740.00 and $279,151.00.

Minimum Annual PayMaximum Annual Pay
$103,734.00$279,151.00
Bonus Range: Tooltip
$5,400.00 - $84,240.00
$5,400.00
$279,151.00
Profit Sharing: Tooltip
$5,400.00 - $108,120.00
$5,400.00
$279,151.00
  • Currency : CAD
  • Annual Salary : $161,594.00
  • Weekly Pay : $3,017.00
  • Fortnightly Salary : $6,034.00
  • Monthly Salary : $13,074.00

Vice President (VP) Finance & Chief Financial Officer (CFO) Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Vice President (VP) Finance & Chief Financial Officer (CFO). As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Vice President (VP) Finance & Chief Financial Officer (CFO) compared to female. Their involvement is 66% while of female is only 34%.

Salary Distribution Based on Years of Experience

The line graph shows Vice President (VP) Finance & Chief Financial Officer (CFO) salary in Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Vice President (VP) Finance & Chief Financial Officer (CFO) having experience between 1-4 years, their salary is around $126,112.77.

Once the experience reaches 5-9 years Vice President (VP) Finance & Chief Financial Officer (CFO) salary would increase again to a total of $146,671.14, adding $20,558.37 from the last salary increase.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $168,209.55.

And finally, once the Vice President (VP) Finance & Chief Financial Officer (CFO) gains 20 years of experience or more, their salary would reach $182,206.79.

Prominent Skills Affecting Vice President (VP) Finance & Chief Financial Officer (CFO) Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Vice President (VP) Finance & Chief Financial Officer (CFO)'s salary. It clearly highlights the skills needed for a post of Vice President (VP) Finance & Chief Financial Officer (CFO) when hired by an employer.

The most vital skill expected of Vice President (VP) Finance & Chief Financial Officer (CFO) is Mergers and Acquisitions which impacts the most than the rest of the skills indicated with a staggering 18% comparatively. Therefore, one’s salary would greatly depend on their skills in Mergers and Acquisitions.

The skill least likely to affect one’s pay would be Operations Management with 6%. It can be said that Operations Management skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Vice President (VP) Finance & Chief Financial Officer (CFO). Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is $124,427.00 whereas the highest earning is $174,522.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of $174,522.00 at 8%. So to summerize, Early Career earns 23% less than the average salary, Mid Carrer earns 13% less than the average salary, Late Career earns 0% less than the average salary, Experienced earns 8% more than the average salary.

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