Finance Manager Salary in Ontario (2025)
1,216 disclosed records, 1996–2025 · mostly Other Public Sector Employers (30%)
At a Glance
2025
Disclosed
178
2025 Sunshine List
Median Salary
$118,921
-2.7% vs provincial median
Typical Range
$108,457–$137,652
25th–75th percentile
Top Salary
$199,621
Who was the highest-paid employee under the title "Finance Manager" in Ontario in 2025?
The highest-paid record grouped under the title "Finance Manager" on the 2025 Sunshine List was Yihua Wu at County Of Middlesex, with a salary of $199,621; the median among the 178 listed under this title was $118,921.
Take-Home Pay
(After Tax) · 2025 estimate
At the 2025 median salary of $118,921, a Finance Manager keeps roughly $86,281 after income tax, CPP and EI (about 27.4% all-in), or about $7,190 a month. The 2025 list carries 178 people grouped under the title Finance Manager. The middle half of Finance Manager salaries ran from $108,457 to $137,652. Members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less after pension contributions, which this estimate leaves out.
- Estimated net pay
- ~$86,281
- Effective income-tax rate (excl. CPP/EI)
- ~22.8%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~27.4%
- Per month, after tax
- ~$7,190
Where does $118,921 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
Where They Work
2025 · employers with 5+
| Employer | Median | Detail |
|---|---|---|
| University of Ottawa | $140,894 | Pay here → |
| McMaster University | $107,602 | Pay here → |
| Toronto Metropolitan University | $109,435 | Pay here → |
| Algonquin College of Applied Arts and Technology | $138,365 | Pay here → |
Highest Paid
2025
| # | Name | Salary | Total |
|---|---|---|---|
| 1 | Yihua WuManager of Finance | $199,621 | $200,329 |
| 2 | Lisa Kathryn SantianniManager Finance | $181,435 | $181,628 |
| 3 | Shauna M CalderManager of Finance | $171,537 | $175,029 |
| 4 | Jocelyne OgdenManager of Finance | $169,525 | $169,657 |
| 5 | Veronica SiuFinance Manager | $167,804 | $168,407 |
| 6 | Jory CarusoFinance Manager / Directeur Financier | $166,960 | $185,878 |
| 7 | Vladimirov VladislavManager, Finance | $164,054 | $164,919 |
| 8 | Melissa BambergerManager of Finance | $163,390 | $164,054 |
| 9 | Matthew HodgeManager, Finance | $157,493 | $158,873 |
| 10 | Rudolph NoronhaFinance Manager | $157,186 | $157,361 |
By Year
Related Positions
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.