Director Financial Services Salary in Ontario (2025)
690 disclosed records, 1998–2025 · mostly Municipalities & Services (36%)
At a Glance
2025
Disclosed
36
2025 Sunshine List
Median Salary
$171,819
+40.5% vs provincial median
Typical Range
$148,159–$187,306
25th–75th percentile
Top Salary
$267,016
Who was the highest-paid employee under the title "Director Financial Services" in Ontario in 2025?
The highest-paid record grouped under the title "Director Financial Services" on the 2025 Sunshine List was Darrel Fernandopulle at University Of Toronto, with a salary of $267,016; the median among the 36 listed under this title was $171,819.
Take-Home Pay
(After Tax) · 2025 estimate
Federal and Ontario income tax on the 2025 Director Financial Services median of $171,819 comes to about 29.3%, leaving roughly $115,893 a year — about $9,658 a month. The middle half of Director Financial Services salaries ran from $148,159 to $187,306. 36 people were listed under this title in 2025. After pension contributions (probably OMERS in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$115,893
- Effective income-tax rate (excl. CPP/EI)
- ~29.3%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~32.5%
- Per month, after tax
- ~$9,658
Where does $171,819 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.
Median by Year
2005–2025
Highest Paid
2025
| # | Name | Salary | Total |
|---|---|---|---|
| 1 | Darrel FernandopulleDirector, Financial Services | $267,016 | $267,185 |
| 2 | Jody Lynn GrahamDirector, Financial Services | $243,568 | $244,957 |
| 3 | Joanne CermakDirector, Financial Services | $238,557 | $239,937 |
| 4 | Jonathan SweetDirector Financial Services | $196,741 | $202,955 |
| 5 | Kyle ChristianDirector – Financial Services | $196,268 | $197,350 |
| 6 | Ian CollinsDirector, Financial Services | $191,996 | $195,311 |
| 7 | Shelley HesmerDirector Financial Services | $189,761 | $191,875 |
| 8 | Andrea TangDirector, Financial Services | $188,993 | $189,445 |
| 9 | Melissa BrindleyDirector Financial Services | $188,352 | $189,078 |
| 10 | Cynthia ChuDirector, Financial Services | $187,306 | $188,304 |
By Year
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- Constable5,795
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- Operator3,992
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- Sergeant1,600
- Captain1,385
- Plainclothes Police Constable1,286
About these figures
Source: Ontario’s Public Sector Salary Disclosure (the “Sunshine List”), which names every public-sector employee paid $100,000 or more in a calendar year. Figures are disclosed salaries, not market compensation: anyone in this position earning under $100,000 does not appear, so medians here sit above the true median for the job.
Medians and percentiles use salary paid (benefits excluded), computed over records whose filed job title was normalized into this position. Titles are as each employer filed them; spellings, word order and bilingual forms are merged. Employers and years with fewer than five people show counts only. Titles before 2005 were abbreviated at source; the chart starts at 2005.
Data through 2025, the most recent Sunshine List disclosed.