The Ontario Sunshine List - Public Sector Salary Disclosure

The names, positions, salaries and total taxable benefits of public sector employees paid $100,000 or more in a calendar year.

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Financial Officer

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In Ontario's 2024 Sunshine List, there were 403 employees with similar job titles who received an average salary of $187,148.50

$187,148.50

Average Salary in 2024

$170,287.70

Median Salary in 2024

Male
47.94% 
Male
Female
52.06%
Female
403 employees (Financial Officer)
1 403
Low: $100K Median: $170K High: $838K

Below is the quartile breakdown of the salary range.

359 employees received a salary between $100,187 - $284,523
41 employees received a salary between $284,523 - $468,860
2 employees received a salary between $468,860 - $653,196
1 employees received a salary between $653,196 - $837,532

Majority of the employees were paid within the salary range encompassing the first quartile breakdown.

What were the average and median salaries for a Financial Officer listed in the 2024 Ontario Government Sunshine List?

The 2024 Ontario Sunshine List shows that the average and median salaries for a Financial Officer are $187,148.50 and $170,287.70, respectively.

What is the highest salary for a Financial Officer in a public organization in Ontario?

In 2024, Aida Cipolla, holding the position of Chief Financial Officer And Corporate Services Officer at the Ontario Power Generation received the highest salary of $837,532.73 among similar positions in Ontario public organizations. Amy Morrison, serving as the Financial Officer at Hopital de Mattawa Hospital Inc. , earned the highest salary of $148,312.25 among individuals in the same position across public organizations in Ontario during that year.

What are the top 5 public organizations in Ontario that offer the highest salaries for Financial Officer?

In the year 2024, the highest-paying organizations for Financial Officer and similar positions in the Ontario were as follows: Ontario Power Generation with an average pay of $470,563.37; Ontario Lottery and Gaming Corporation with an average pay of $460,819.59; Humber River Health with an average pay of $440,423.44; The Hospital for Sick Children with an average pay of $430,555.99; and Hamilton Health Sciences with an average pay of $416,659.06.

A total of 268 organizations had employees who held comparable positions as mentioned in the Ontario Sunshine list.

What are the top 3 public sectors in Ontario that offer the highest salaries for Financial Officer?

In the year 2024, the highest-paying sector or industries for Financial Officer and similar positions in the Ontario were as follows: Ontario Power Generation with an average pay of $470,563.37; Government of Ontario - Legislative Assembly and Offices with an average pay of $258,799.31; and Hospitals and Boards of Public Health with an average pay of $216,601.26.

There were 10 sectors where employees held similar positions, as indicated in the Ontario Sunshine list.

What is the representation of gender diversity for Financial Officer in Ontario?

The 2024 Ontario Sunshine List indicates that the representation of gender diversity in Financial Officer is 47.94% male and 52.06% female, respectively.

The 2024 Sunshine List has 403 employees who held comparable positions in Ontario.

10 out of 403 employees

Full Name Job Title Employer Total Paid
Aida Cipolla Chief Financial Officer And Corporate Services Officer Ontario Power Generation $837,533
Helena Florine Lobo Executive Vice President Chief Operating Officer And Chief Financial Officer William Osler Health System $495,844
David Mccaig Executive Vice President, Corporate Affairs And Chief Financial Officer Hamilton Health Sciences $482,004
Pinder Basi Chief Financial And Risk Officer Ontario Lottery and Gaming Corporation $460,820
Darlene Dasent Executive Vice President And Chief Financial Officer University Health Network $458,565
Jennifer L Gray Chief Financial Officer Metrolinx $449,735
Dean Martin Executive Vice President Corporate Services And Chief Financial Officer Unity Health Toronto $436,883
Faith Forbes Chief Financial Officer Humber River Health $440,423
Young Lee Vice President, Finance And Chief Financial Officer The Hospital for Sick Children $430,556
Robert Bull Executive Vice President - Finance, Redevelopment, And Chief Financial Officer Sinai Health System $388,498

Yearly Average Paid

Year Total Employee Count Average Paid
2024403$187,149
2023373$182,008
2022308$185,028
2021271$182,079
2020254$181,255
2019252$179,523
2018233$175,057
2017224$179,543
2016223$176,369
2015207$180,352
2014199$180,961
2013193$181,014
2012177$180,578
2011168$179,487
2010150$180,179
2009141$178,832
2008129$182,414
2007107$181,699
200691$169,648
200544$160,326
200426$202,063
200222$181,156